Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
INFINITY PHARMA from Nazareth-De Pinte, company number BE0416616681, closed financial year 2025 with a result of € -231,419 after tax. For that financial year INFINITY PHARMA recorded revenue of € 10.7 million and equity of € 16.4 million. Compared with financial year 2024, the result moved from € -822,517 to € -231,419. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 16.4 million
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -231,419
▲ 72 % less loss than in 2024
Profit after tax over the fiscal year.
€ 688,336
▲ € 524,292 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.1 million.
People and assets in 2025
13.6
▼ 6.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▼ 28% vs 2024
€ 108,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,717
▲ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.2 million
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 83 days on average.
€ 182,799
▼ 43% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,191,240 | € 11,380,729 | € 10,680,049 | € 10,739,695 | ▲ 1% |
| Profit after taxes | € -503,430 | € -7,368,330 | € -822,517 | € -231,419 | ▲ € 591,098 |
| Equity | € 5,815,834 | € -1,552,496 | € 12,633,901 | € 16,402,481 | ▲ 30% |
| Total debts | € 47,260,881 | € 48,761,409 | € 3,337,271 | € 2,409,168 | ▼ 28% |
| Cash | € 147,193 | € 276,447 | € 164,043 | € 688,336 | ▲ € 524,292 |
| Retained profit | € 4,156,863 | € -3,211,467 | € 3,333,901 | € 3,102,481 | ▼ 7% |
| Dividend | € 25,000,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 44,878,939 | € 44,878,939 | € 0 | € 0 | |
| Balance sheet total | € 53,076,715 | € 47,208,913 | € 15,971,172 | € 18,811,649 | ▲ 18% |
| Employees (FTE) | 9.8 | 19.1 | 19.8 | 13.6 | ▼ 6.2 |
Key figures of INFINITY PHARMA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to INFINITY PHARMA?
What happened at INFINITY PHARMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Rafael PADILLA stepped down as director. NBB
- Cornelia DE JONG stepped down as director. NBB
- Céline Caveye stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 231,419. Source: NBB ↗
- Johan Verlinden stepped down as director. NBB
- Rafael PADILLA became a director. NBB
- Cornelia DE JONG became a director. NBB
- Céline Caveye became a director. NBB
In short
From € 503,430 loss in 2022 to € 231,419 loss in 2025.
Paid € 7,541 in corporate taxes since 2022.
Paid out € 25 million in dividends to the owners in total.
Pays suppliers within 83 days on average.
Management
It owns 100% of FAGRON COMPOUNDING SERVICES, 100% of FAGRON BELGIUM and ABC Dental and pharmaceutical consultancy itself.
Directors
According to the 2025 annual accounts
Rafael PADILLA
Director
Also active at: FAGRON BELGIUM, ABC DENTAL AND PHARMACEUTICAL CONSULTANCY, FAGRON CAPITAL, FAGRON COMPOUNDING SERVICES, FAGRON
since 2023 · until 2028
Céline Caveye
Director
since 2021 · until 2027
since 2022 · until 2028
Johan Verlinden
Director
since 2021 · until 2026
Establishments
Establishment units
Physical locations of this company
Venecoweg 20A
9810 Nazareth-De Pinte
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
FASTLY - Fastly, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0416.616.681
- VAT number
- BE 0416.616.681
- Registered office
- Venecoweg 20A, 9810 Nazareth-De Pinte
- Names & denominations
- INFINITY PHARMA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 1976
- Peppol
- Active · Active since 1 Oct 2025
- Contact
- pharma-pack.be
- Activities · NACE
Groothandel in farmaceutische en medische artikelen
Groothandel in farmaceutische producten