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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Shrinking team NBB
FTE fell two years in a row, from 24.6 to 20.8.
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Figures corrected NBB
Corrected annual account filed for 2021.
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Late annual account NBB
Fiscal year 2024 was filed 410 days after the legal deadline.
Financials
Financial year 2024
ARKOPHARMA BELUX from Wavre, company number BE0401962852, closed financial year 2024 with a result of € 68,891 after tax. For that financial year ARKOPHARMA BELUX recorded revenue of € 8.6 million and equity of € 2 million. Compared with financial year 2023, the result moved from € 399,596 to € 68,891. The company is profitable. 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 September 14, 2026.
€ 2 million
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 68,891
▼ 83% vs 2023
Profit after tax over the fiscal year.
€ 136,719
▲ 57% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 1.9 million.
People and assets in 2024
20.8
▼ 1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▼ 7% vs 2023
€ 88,900 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.
€ 147,171
▼ 23% vs 2023
Of which on lease € 53,961.
Debts at end 2024
€ 50,457
▼ 14% vs 2023
€ 8,409 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 2.1 million
▼ 16% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 123 days on average.
€ 307,111
▼ 6% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 8,485,225 | € 8,645,026 | € 8,516,593 | € 8,581,305 | ▲ 1% |
| Profit after taxes | € 267,262 | € 289,452 | € 399,596 | € 68,891 | ▼ 83% |
| Equity | € 1,223,061 | € 1,512,512 | € 1,912,108 | € 1,981,000 | ▲ 4% |
| Total debts | € 3,505,345 | € 3,223,083 | € 3,415,477 | € 3,265,933 | ▼ 4% |
| Cash | € 224,041 | € 297,031 | € 86,880 | € 136,719 | ▲ 57% |
| Land & buildings | € 853,694 | € 795,169 | € 786,823 | € 839,883 | ▲ 7% |
| Retained profit | € 1,098,061 | € 1,387,512 | € 1,787,108 | € 1,856,000 | ▲ 4% |
| Dividend | € 250,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 75,685 | € 67,276 | € 58,866 | € 50,457 | ▼ 14% |
| Balance sheet total | € 4,821,029 | € 4,823,370 | € 5,410,513 | € 5,325,013 | ▼ 2% |
| Employees (FTE) | 23.1 | 24.6 | 21.8 | 20.8 | ▼ 1 |
Key figures of ARKOPHARMA BELUX, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ARKOPHARMA BELUX?
What happened at ARKOPHARMA BELUX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 68,891 (▼ 83% vs 2023). filed late Source: NBB ↗
- PATRICK VERBELEN stepped down as director. NBB
- Olivier Ricq stepped down as director. NBB
- PATRICK VERBELEN became a director. NBB
- Olivier Ricq became a director. NBB
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 267,262 profit in 2021 to € 68,891 profit in 2024.
Paid € 401,605 in corporate taxes since 2021.
Best year ever: 2023, with € 399,596 profit.
Paid out € 250,000 in dividends to the owners in total.
Management
Directors
According to the 2024 annual accounts
PATRICK VERBELEN
Director
since 2023 · until 2026
Olivier Ricq
Director
since 2023 · until 2026
Establishments
Establishment units
Physical locations of this company
Avenue Edison 13
1300 Wavre
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.962.852
- VAT number
- BE 0401.962.852
- Registered office
- Avenue Edison 13, 1300 Wavre
- Names & denominations
- ARKOPHARMA BELUX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 1943
- Peppol
- Active · Active since 17 Nov 2025
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