Verlinden Pharma Services
ActiveVerlinden Pharma Services has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €72k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 31% of 31061 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
83
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency57▼-43
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 3.3 in 2024), and 69.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.8%
Return on assets
37.9%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-04-2026, 94 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
94 d early
2024
on the day
2023
37 d early
2022
28 d early
2021
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
06-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€59k▼ 56.6%
2024 · €135k
2021: €81k
2022: €131k
2023: €200k
2024: €135k
2021 → 2025
Total assets
€190k▲ 0.3%
2024 · €189k
2021: €121k
2022: €197k
2023: €233k
2024: €189k
2021 → 2025
Net result
€72k▲ 48.9%
2024 · €48k
2021: €78k
2022: €50k
2023: €68k
2024: €48k
2021 → 2025
Working capital
€51k▼ 59.0%
2024 · €125k
2021: €80k
2022: €131k
2023: €197k
2024: €125k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€81k-€131k▲ 62.4%€200k▲ 52.2%€135k▼ 32.4%€59k▼ 56.6%
Operating result€110k-€71k▼ 35.9%€85k▲ 20.6%€63k▼ 26.2%€93k▲ 48.5%
Net result€78k-€50k▼ 35.6%€68k▲ 35.8%€48k▼ 29.5%€72k▲ 48.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 48% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €190k
Fixed assets
€7k▼ 26.5%
Current assets
€182k▲ 1.8%
Equity and liabilities €190k
Equity
€59k▼ 56.6%
Debt
€131k▲ 142%
The debt ratio rises from 28.7% to 69.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€99k▲
2024 · €64k
Cash flow
€78k▲
2024 · €50k
Solvency
30.8%▼
2024 · 71.3%
Current ratio
1.39▼
2024 · 3.30
Quick ratio
1.39▼
2024 · 3.30
Debt / equity
2.24▲
2024 · 0.40
ROE
122.8%▲
2024 · 35.8%
ROA
37.9%▲
2024 · 25.5%
Interest coverage
452.90▲
2024 · 58.95
Debt
€131k▲
2024 · €54k
Debt ≤ 1 year
€131k▲
2024 · €54k
Income taxes
€25k▲
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Total assets
20/58€189k€190k▲
Fixed assets
21/28€10k€7k▼
Tangible fixed assets
22/27€10k€7k▼
Current assets
29/58€179k€182k▲
Amounts receivable within one year
40/41€18k€20k▲
Cash & bank
54/58€33k€83k▲
Total equity & liabilities
10/49€189k€190k▲
Equity
10/15€135k€59k▼
Contributions / capital
10/11€3k€3k=
Reserves
13€132k€56k▼
Accumulated profits (losses)
14€0€0=
Amounts payable
17/49€54k€131k▲
Amounts payable within one year
42/48€54k€131k▲
Trade debts payable within one year
44€544€470▼
Income statement
Code20242025
Gross operating margin
9900€65k€100k▲
Operating result
9901€63k€93k▲
Financial income
75€3k€3k=
Financial charges
65€1k€219▼
Result before taxes
9903€65k€96k▲
Income taxes
67/77€17k€25k▲
Net result for the period
9904€48k€72k▲
Result to be appropriated
9905€48k€72k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €48k ▼29.5%
Net result drops to €48k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 6.91
Current ratio from 2.98 to 6.91; short-term debt falls from €66k to €33k.
31-12
Financial
Equity above €150kEq €200k ▲52.2%
3 profitable years in a row build equity to €200k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €131k ▲62.4%
2 profitable years in a row build equity to €131k.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
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Of 82,137 companies in sector 70200 we hold annual accounts for 51,755. 38,303 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-08-2020
Fiscal year end31-12
Abbreviation NL
VPS
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 28-07-2026. Scores and ratios are computed by Checked and are not a credit decision.