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 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Les Pharmacies de Gare from Brussel, company number BE0403082015, closed financial year 2025 with a result of € -39,507 after tax. For that financial year Les Pharmacies de Gare recorded a gross margin of € 1.5 million and equity of € 445,353. Compared with financial year 2024, the result moved from € 72,876 to € -39,507. 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 August 31, 2026.
€ 445,353
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -39,507
▼ still € 72,876 profit in 2024
Profit after tax over the fiscal year.
€ 225,443
▲ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 383,853.
People and assets in 2025
27.7
▲ 3.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 11% vs 2024
€ 51,100 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.
€ 30,290
▲ € 29,505 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 740,138
▲ 76% vs 2024
€ 209,141 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.2 million
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 187,839
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,004,110 | € 1,158,087 | € 1,421,998 | € 1,483,606 | ▲ 4% |
| Profit after taxes | € -5,831 | € 22,782 | € 72,876 | € -39,507 | ▼ € 112,383 |
| Equity | € 389,202 | € 411,984 | € 484,860 | € 445,353 | ▼ 8% |
| Total debts | € 2,006,359 | € 2,240,333 | € 2,178,574 | € 2,288,806 | ▲ 5% |
| Cash | € 232,887 | € 266,075 | € 161,635 | € 225,443 | ▲ 39% |
| Retained profit | € 327,702 | € 350,484 | € 423,360 | € 383,853 | ▼ 9% |
| Bank debt | € 485,000 | € 477,500 | € 420,295 | € 740,138 | ▲ 76% |
| Balance sheet total | € 2,395,561 | € 2,652,317 | € 2,663,434 | € 2,734,159 | ▲ 3% |
| Employees (FTE) | 23.3 | 23.3 | 24.6 | 27.7 | ▲ 3.1 |
Key figures of Les Pharmacies de Gare, 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 Les Pharmacies de Gare?
What happened at Les Pharmacies de Gare in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 39,507 (▼ € 112,383 vs 2024). filed late Source: NBB ↗
- New establishment in Liège. KBO
- New establishment in Sint-Gillis (bij-Brussel). KBO
- Start of the company according to the CBE. KBO
- New establishment in Brussel. KBO
In short
From € 5,831 loss in 2022 to € 39,507 loss in 2025.
Paid € 882 in corporate taxes since 2022.
Best year ever: 2024, with € 72,876 profit.
On average € 53,600 of value added per employee in 2025.
Management
The stake of FARGAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Les Pharmacies de GareBehind Les Pharmacies de Gare are ORELYS SRL and FARGAN SA. The shares are held by FARGAN (72.5%).
Directors
According to the 2025 annual accounts
Director · represented by Virginie Delvaulx
Also active at: PACHECO, FARGAN, PHARMACIE CENTRALE DE BRAINE L'ALLEUD, LEARGEST
Shareholders
72.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Centraal Station SN
1000 Brussel
Centraal Station
1000 Brussel
Active since 1 November 1959
Frankrijkstraat 2
1060 Sint-Gillis (bij-Brussel)
Active since 23 June 1994
Place des Guillemins 2
4000 Liège
Active since 20 December 2011
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
- 0403.082.015
- VAT number
- BE 0403.082.015
- Registered office
- Centraal Station SN, 1000 Brussel
- Names & denominations
- Les Pharmacies de Gare
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1959
- Peppol
- Active · Active since 13 Oct 2025
- Activities · NACE
Detailhandel in farmaceutische producten
Apothekers