ACTIVE

Cryotherapeutics

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Financial year 2025 · closed on 31/12/2025
Net result
-2,3 M €
-14.6% YoY
Gross margin
-29,2 k €
-222.5% YoY
Equity
21,1 M €
-9.7% YoY
Workforce
10,7 ETP
+7.0% YoY

What does Cryotherapeutics do?

Cryotherapeutics is a Public limited company incorporated in 2018. Its main activity is: Manufacture of pharmaceutical preparations. Its registered office is in Ans. It employs on average 10,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0713.882.584
Incorporation
26/11/2018
Legal form
Public limited company
Registered office
Avenue Alfred Deponthière 46 box 21
4431 Ans · WallonieSee on map
Contributed capital
32 119 262,78 €
Latest accounts
31/12/2025
Average workforce
10,7 ETP
Activities (NACE)
21209Manufacture of pharmaceutical preparations· main21209Manufacture of pharmaceutical preparations72109Research and experimental development on natural sciences and engineering72190Other research and experimental development on natural sciences and engineering47730Dispensing chemist in specialised stores47730Dispensing chemist in specialised stores
Joint committees (2)
  • 200
  • 2000
Signals
Solid equityLow riskGood liquidityPositive cashflowHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin-29,2 k €23,8 k €188,5 k €-217,9 k €-176,6 k €
EBITDA-1,1 M €-999,5 k €-668,4 k €-704,6 k €-488,3 k €
Operating result-3,9 M €-3,6 M €-2,9 M €-3,1 M €-2,3 M €
Net result-2,3 M €-2 M €-1,8 M €-1,7 M €-1 M €
Balance sheet
Equity21,1 M €23,3 M €18 M €19,8 M €21,5 M €
Total assets21,8 M €24,8 M €20 M €21,4 M €23,9 M €
Cash2,8 M €3,2 M €1,4 M €3,2 M €6 M €
Debts692,9 k €1,4 M €2,1 M €884 k €886,4 k €
Other
Workforce10,7 ETP10,0 ETP7,9 ETP5,4 ETP4,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 24 ended

Active mandates

Chen Yen-Fu

Director · since 13 mai 2025 · until 02 mai 2028

Active
Christine RAINER

Director · since 13 mai 2025 · until 02 mai 2028

Active
NOSHAQ PARTNERS

Director · since 13 mai 2025 · until 02 mai 2028 · 0808.219.836

Represented by Eric BRANDT

Active
NRW BANK

Director · since 13 mai 2025 · until 02 mai 2028

Represented by Florian STINAUER

Active
Peppermint VenturePartners GmbH

Director · since 13 mai 2025 · until 02 mai 2028 · 0686.821.663

Represented by Joachim RAUTTER

Active
Yiannakis YIANNI

Managing director · since 13 mai 2025 · until 02 mai 2028

Active

Ended mandates

NRW BANK

Director · since 30 juin 2022 · until 06 mai 2025

Represented by Florian STINAUER

Ended
NRW BANK

Associate · since 30 juin 2022 · until 06 mai 2025

Represented by Florian STINAUER

Ended
King Wai Alfred WONG

Director · since 30 décembre 2021 · until 06 mai 2025

Ended
NOSHAQ PARTNERS

Director · since 15 mai 2019 · until 06 mai 2025 · 0808.219.836

Represented by Eric BRANDT

Ended
At this address

Other companies at this address

CompanyCBE no.
DEEGITAL● Active
0664.837.109
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/06/202619/06/202507/06/202415/07/202320/07/202209/07/2021
General meeting06/05/202613/05/202507/05/202404/05/202330/06/202224/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202506/05/202601/06/2026FrenchPDF
Abridged model31/12/202413/05/202519/06/2025FrenchPDF
Abridged model31/12/202307/05/202407/06/2024FrenchPDF
Abridged model31/12/202204/05/202315/07/2023FrenchPDF
Abridged model31/12/202130/06/202220/07/2022FrenchPDF
Abridged model31/12/202024/06/202109/07/2021FrenchPDF
Abridged model31/12/201920/10/202003/11/2020FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 24 ended

Active mandates

Chen Yen-Fu

Director · since 13 mai 2025 · until 02 mai 2028

Active
Christine RAINER

Director · since 13 mai 2025 · until 02 mai 2028

Active
NOSHAQ PARTNERS

Director · since 13 mai 2025 · until 02 mai 2028 · 0808.219.836

Represented by Eric BRANDT

Active
NRW BANK

Director · since 13 mai 2025 · until 02 mai 2028

Represented by Florian STINAUER

Active
Peppermint VenturePartners GmbH

Director · since 13 mai 2025 · until 02 mai 2028 · 0686.821.663

Represented by Joachim RAUTTER

Active
Yiannakis YIANNI

Managing director · since 13 mai 2025 · until 02 mai 2028

Active

Ended mandates

NRW BANK

Director · since 30 juin 2022 · until 06 mai 2025

Represented by Florian STINAUER

Ended
NRW BANK

Associate · since 30 juin 2022 · until 06 mai 2025

Represented by Florian STINAUER

Ended
King Wai Alfred WONG

Director · since 30 décembre 2021 · until 06 mai 2025

Ended
NOSHAQ PARTNERS

Director · since 15 mai 2019 · until 06 mai 2025 · 0808.219.836

Represented by Eric BRANDT

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares03/04/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Registered office21/10/2025
    SIEGE SOCIAL
    PDF
  • Mandates04/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/03/2024
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/10/2022
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/07/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/01/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-2,3 M €↓
  2. 2024
    Annual accounts 2024-2 M €↓
  3. 2023
    Annual accounts 2023-1,8 M €↓
  4. 2022
    Annual accounts 2022-1,7 M €↓
  5. 2021
    Annual accounts 2021-1 M €
  6. 26/11/2018
    IncorporationPublic limited company