What does SYLPHAR do?

SYLPHAR is registered with the CBE as active in: Groothandel in farmaceutische producten. Public Limited, started on 27 September 2007, 1 establishment.

What is the address of SYLPHAR?

The registered office of SYLPHAR is located at Xavier De Cocklaan 24, 9831 Sint-Martens-Latem.

Is SYLPHAR still active?

Yes. According to the CBE (29 October 2026) SYLPHAR is active, legal situation “Normale toestand”, started on 27 September 2007.

Is SYLPHAR registered on Peppol?

Yes, SYLPHAR is registered on the Peppol network with ID 0208:0892362188.

What is the enterprise number of SYLPHAR?

The enterprise number of SYLPHAR is BE0892362188.

When was SYLPHAR founded?

SYLPHAR was founded on 27 September 2007.

Who are the directors of SYLPHAR?

According to the 2025 annual accounts, the directors of SYLPHAR are: Christoffer LORENZEN, Magnus BRUHN, Egli MADSEN.

Is SYLPHAR a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 September 2007; 3 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did SYLPHAR make in 2025?

SYLPHAR posted a profit after taxes of € 2,298,097 in financial year 2025.

What is the revenue of SYLPHAR?

In its most recent annual accounts (2025), SYLPHAR reported revenue of € 24,972,432.

How much does an employee at SYLPHAR earn?

The average wage cost per full-time employee at SYLPHAR was € 133,900 in 2025: staff costs of € 3.6 million for 26.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SYLPHAR have?

According to the 2025 annual accounts, SYLPHAR has 26.7 full-time equivalents (FTE).

SYLPHAR (Public Limited) - Sint-Martens-Latem

Dossier SYLPHAR, printed on 29 October 2026 from databakkes.be/en/0892362188/sylphar. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 36 to 26.7.

Financials

Financial year 2025

SYLPHAR from Sint-Martens-Latem, company number BE0892362188, closed financial year 2025 with a result of € 2.3 million after tax. For that financial year SYLPHAR recorded revenue of € 25 million and equity of € 34.2 million. Compared with financial year 2024, the result moved from € -33.1 million to € 2.3 million. Profitable, and profit is growing. 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 3, 2026.

What it is worth Growing

€ 34.2 million

▲ 7% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 2.3 million

▲ still € 33.1 million loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 667,022

▼ 18% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -29.8 million.

People and assets in 2025

Full-time equivalents

26.7

▼ 4.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 9.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 3.6 million

▲ 14% vs 2024

€ 133,900 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.

Vehicles and equipment

€ 407,646

▼ 26% vs 2024

Of which on lease € 224,656.

Debts at end 2025

Bank debt ≈ 20 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.3 million

▼ 63% vs 2024

€ 109,499 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.

Owed to suppliers

€ 3.1 million

▼ 24% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 56 days on average.

Taxes and wages

€ 803,772

▼ 59% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	Change 2024 → 2025
Revenue	€ 28,830,569 Revenue 2023: € 28,830,569 First fiscal year in the series	€ 33,396,496 Revenue 2024: € 33,396,496 ▲ 16% vs 2023 (€ 28,830,569) Favourable step	€ 24,972,432 Revenue 2025: € 24,972,432 ▼ 25% vs 2024 (€ 33,396,496) Unfavourable step	▼ 25%
Profit after taxes	€ -7,255,984 Profit after taxes 2023: € -7,255,984 First fiscal year in the series	€ -33,081,646 Profit after taxes 2024: € -33,081,646 ▼ € 25.8 million vs 2023 (€ -7,255,984) Unfavourable step	€ 2,298,097 Profit after taxes 2025: € 2,298,097 ▲ € 35.4 million vs 2024 (€ -33,081,646) Favourable step	▲ € 35.4 million
Equity	€ 64,962,003 Equity 2023: € 64,962,003 First fiscal year in the series	€ 31,880,356 Equity 2024: € 31,880,356 ▼ 51% vs 2023 (€ 64,962,003) Unfavourable step	€ 34,178,454 Equity 2025: € 34,178,454 ▲ 7% vs 2024 (€ 31,880,356) Favourable step	▲ 7%
Total debts	€ 38,962,947 Total debts 2023: € 38,962,947 First fiscal year in the series	€ 15,458,976 Total debts 2024: € 15,458,976 ▼ 60% vs 2023 (€ 38,962,947) Favourable step	€ 7,200,940 Total debts 2025: € 7,200,940 ▼ 53% vs 2024 (€ 15,458,976) Favourable step	▼ 53%
Cash	€ 666,557 Cash 2023: € 666,557 First fiscal year in the series	€ 818,226 Cash 2024: € 818,226 ▲ 23% vs 2023 (€ 666,557) Favourable step	€ 667,022 Cash 2025: € 667,022 ▼ 18% vs 2024 (€ 818,226) Unfavourable step	▼ 18%
Retained profit	€ 951,847 Retained profit 2023: € 951,847 First fiscal year in the series	€ -32,129,800 Retained profit 2024: € -32,129,800 ▼ € 33.1 million vs 2023 (€ 951,847) Unfavourable step	€ -29,831,702 Retained profit 2025: € -29,831,702 ▲ € 2.3 million vs 2024 (€ -32,129,800) Favourable step	▲ € 2.3 million
Bank debt	€ 27,225,323 Bank debt 2023: € 27,225,323 First fiscal year in the series	€ 8,801,729 Bank debt 2024: € 8,801,729 ▼ 68% vs 2023 (€ 27,225,323) Favourable step	€ 3,265,692 Bank debt 2025: € 3,265,692 ▼ 63% vs 2024 (€ 8,801,729) Favourable step	▼ 63%
Balance sheet total	€ 103,924,950 Balance sheet total 2023: € 103,924,950 First fiscal year in the series	€ 47,339,332 Balance sheet total 2024: € 47,339,332 ▼ 54% vs 2023 (€ 103,924,950) Unchanged	€ 43,379,393 Balance sheet total 2025: € 43,379,393 ▼ 8% vs 2024 (€ 47,339,332) Unchanged	▼ 8%
Employees (FTE)	36 Employees (FTE) 2023: 36 First fiscal year in the series	31.3 Employees (FTE) 2024: 31.3 ▼ 4.7 vs 2023 (36) Unchanged	26.7 Employees (FTE) 2025: 26.7 ▼ 4.6 vs 2024 (31.3) Unchanged	▼ 4.6

Key figures of SYLPHAR, fiscal years 2023 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 SYLPHAR?

What happened at SYLPHAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Christoffer LORENZEN stepped down as director. NBB
2030 Magnus BRUHN stepped down as director. NBB
2030 Egli MADSEN stepped down as director. NBB
Jun 3, 2026 New annual accounts for financial year 2025: profit of € 2.3 million. Source: NBB ↗
2024 Egli MADSEN became a director. NBB
2023 Christoffer LORENZEN became a director. NBB
2023 Magnus BRUHN became a director. NBB
Oct 1, 2007 New establishment in Sint-Martens-Latem. KBO

In short

From € 7.3 million loss in 2023 to € 2.3 million profit in 2025.

Paid € 1.3 million in corporate taxes since 2023.

Best year ever: 2025, with € 2.3 million profit.

Pays suppliers within 56 days on average.

Original PDFs at the National Bank ↗

Management

Sylphar International NV 100%

SYLPHAR

Alpha Foods BV 100%

Pro Teeth Whitening Co Limited 100%

The shares are held by Sylphar International NV (100%). It owns 100% of Alpha Foods BV and 100% of Pro Teeth Whitening Co Limited itself.

Directors

According to the 2025 annual accounts

Christoffer LORENZEN

Managing director

Also active at: Sylphar International, ALPHA FOODS

since 2023 · until 2030

Magnus BRUHN

Director

Also active at: Sylphar International, Excito

since 2023 · until 2030

Egli MADSEN

Director

since 2024 · until 2030

Shareholders

Sylphar International NV

100%

Participations

Alpha Foods BV

100%

Pro Teeth Whitening Co Limited

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Xavier De Cocklaan 24

9831 Sint-Martens-Latem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Sylphar International same network

€ 108,751 revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0892.362.188

VAT number

BE 0892.362.188

Registered office

Xavier De Cocklaan 24, 9831 Sint-Martens-Latem

Names & denominations

SYLPHAR

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

27 September 2007

Peppol

Active · Active since 13 Oct 2025

Activities · NACE

Groothandel in farmaceutische producten

Groothandel in farmaceutische en medische artikelen

View on CBE Public ↗ Annual accounts (NBB) ↗

SYLPHAR

Warning lights

Financials

What happened to SYLPHAR?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions