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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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DRUGMAND & MEERT from Sint-Jans-Molenbeek, company number BE0401882084, closed financial year 2025 with a result of € -37,313 after tax. For that financial year DRUGMAND & MEERT recorded revenue of € 4.3 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 139,445 to € -37,313. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 1.1 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,313
▼ still € 139,445 profit in 2024
Profit after tax over the fiscal year.
€ 37,349
▲ € 32,357 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -690,329.
People and assets in 2025
7.2
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 773,285
▲ 19% vs 2024
€ 107,400 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.
Debts at end 2025
€ 1.5 million
▲ 7% vs 2024
€ 11,761 is repaid this year. At this pace the long-term loan is gone in ≈ 79 years.
€ 332,400
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 120,269
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 4,281,129 | |
| Gross margin | € 686,205 | € 971,356 | € 1,042,344 | € 820,981 | ▼ 21% |
| Profit after taxes | € 15,517 | € 106,982 | € 139,445 | € -37,313 | ▼ € 176,759 |
| Equity | € 851,201 | € 958,182 | € 1,097,628 | € 1,059,410 | ▼ 3% |
| Total debts | € 3,778,877 | € 3,238,695 | € 2,817,287 | € 3,120,876 | ▲ 11% |
| Cash | € 10,028 | € 9,704 | € 4,992 | € 37,349 | ▲ € 32,357 |
| Retained profit | € -898,539 | € -791,557 | € -652,112 | € -690,329 | ▼ € 38,217 |
| Bank debt | € 1,822,213 | € 1,495,594 | € 1,378,994 | € 1,472,030 | ▲ 7% |
| Balance sheet total | € 4,630,078 | € 4,196,877 | € 3,914,915 | € 4,180,286 | ▲ 7% |
| Employees (FTE) | 6.4 | 6.7 | 7 | 7.2 | ▲ 0.2 |
Key figures of DRUGMAND & MEERT, 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 DRUGMAND & MEERT?
What happened at DRUGMAND & MEERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 37,313 (▼ € 176,759 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Sint-Jans-Molenbeek. KBO
- New establishment in Vilvoorde. KBO
In short
From € 15,517 profit in 2022 to € 37,313 loss in 2025.
Paid € 129,843 in corporate taxes since 2022.
Best year ever: 2024, with € 139,445 profit.
On average € 114,000 of value added per employee in 2025.
Management
The stake of GECOM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DRUGMAND & MEERTBehind DRUGMAND & MEERT is Christophe DRUGMAND. The shares are held by GECOM (2.5%). It owns 100% of Equipement Machines et appareils spéciaux and 98.4% of GECOM itself.
Directors
According to the 2025 annual accounts
Christophe DRUGMAND
Managing director
Also active at: GECOM, Équipement, Machines et Appareils Spéciaux
Shareholders
2.5%
Participations
Establishments
Establishment units
Physical locations of this company
Vier-Windenstraat 70A
1080 Sint-Jans-Molenbeek
de Bavaylei 110
1800 Vilvoorde
Active since 1 December 1947
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0401.882.084
- VAT number
- BE 0401.882.084
- Registered office
- Vier-Windenstraat 70A, 1080 Sint-Jans-Molenbeek
- Names & denominations
- DRUGMAND & MEERT · DRUGMAND
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 1948
- Peppol
- Active · Active since 13 Jan 2026
- Contact
- [email protected]
- Activities · NACE
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