Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4.2 to 2.
Financials
Financial year 2025
CELforPharma from Machelen (Brab.), company number BE0871088704, closed financial year 2025 with a result of € -21,251 after tax. For that financial year CELforPharma recorded a gross margin of € 149,685 and equity of € 323,248. Compared with financial year 2024, the result moved from € 37,590 to € -21,251. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ 323,248
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,251
▼ still € 37,590 profit in 2024
Profit after tax over the fiscal year.
€ 191,285
▲ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 303,248.
People and assets in 2025
2
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 133,710
▼ 19% vs 2024
€ 66,900 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.
€ 6,107
▼ 34% 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.
€ 57,450
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,005
▲ 51% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 322,500 | € 248,192 | € 233,885 | € 149,685 | ▼ 36% |
| Profit after taxes | € 31,476 | € -47,598 | € 37,590 | € -21,251 | ▼ € 58,842 |
| Equity | € 354,507 | € 306,909 | € 344,499 | € 323,248 | ▼ 6% |
| Total debts | € 344,270 | € 246,838 | € 231,119 | € 296,699 | ▲ 28% |
| Cash | € 241,751 | € 144,941 | € 132,932 | € 191,285 | ▲ 44% |
| Retained profit | € 334,507 | € 286,909 | € 324,499 | € 303,248 | ▼ 7% |
| Dividend | € 30,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 698,777 | € 553,747 | € 575,619 | € 619,947 | ▲ 8% |
| Employees (FTE) | 4.4 | 4.2 | 2.5 | 2 | ▼ 0.5 |
Key figures of CELforPharma, 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 CELforPharma?
What happened at CELforPharma in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 21,251 (▼ € 58,842 vs 2024). Source: NBB ↗
- New establishment in Machelen (Brab.). KBO
- Start of the company according to the CBE. KBO
In short
From € 31,476 profit in 2022 to € 21,251 loss in 2025.
Paid € 11,647 in corporate taxes since 2022.
Best year ever: 2024, with € 37,590 profit.
On average € 74,800 of value added per employee in 2025.
Management
The stake of LAICO4Growth comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CELforPharmaBehind CELforPharma is LAICO4Growth BV. The shares are held by LAICO4Growth (100%).
Directors
According to the 2025 annual accounts
Director · represented by Annelies Swaan
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Jan Mommaertslaan 20 box a
1831 Machelen (Brab.)
Jan Mommaertslaan 20a
1831 Machelen (Brab.)
Active since 7 January 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Details
- Company number
- 0871.088.704
- VAT number
- BE 0871.088.704
- Registered office
- Jan Mommaertslaan 20 bus a, 1831 Machelen (Brab.)
- Names & denominations
- CELforPharma
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 2005
- Peppol
- Active · Active since 10 Jan 2025
- Activities · NACE
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