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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FAGRON BELGIUM from Nazareth-De Pinte, company number BE0403767052, closed financial year 2025 with a result of € -1.4 million after tax. For that financial year FAGRON BELGIUM recorded revenue of € 23.8 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € -1.9 million to € -1.4 million. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 1.7 million
▲ € 1.6 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.4 million
▲ 29 % less loss than in 2024
Profit after tax over the fiscal year.
€ 786,734
▲ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.6 million.
People and assets in 2025
57.1
▲ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.3 million
▲ 2% vs 2024
€ 93,200 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.
€ 70,640
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4.4 million
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 75 days on average.
€ 1.8 million
▲ 43% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 23,578,760 | € 19,909,293 | € 22,644,500 | € 23,824,668 | ▲ 5% |
| Profit after taxes | € -145,147 | € -2,082,771 | € -1,909,856 | € -1,359,610 | ▲ € 550,245 |
| Equity | € 4,019,439 | € 1,936,668 | € 25,600 | € 1,668,475 | ▲ € 1.6 million |
| Total debts | € 6,277,130 | € 7,919,458 | € 6,872,688 | € 6,188,170 | ▼ 10% |
| Cash | € 2,139,872 | € 1,709,062 | € 587,522 | € 786,734 | ▲ 34% |
| Land & buildings | € 256,251 | € 217,622 | € 60,514 | € 326,970 | ▲ € 266,456 |
| Retained profit | € 3,718,967 | € 1,636,196 | € -274,872 | € -1,631,996 | ▼ € 1.4 million |
| Balance sheet total | € 10,296,569 | € 9,856,126 | € 6,898,288 | € 7,856,645 | ▲ 14% |
| Employees (FTE) | 55.5 | 54.7 | 55 | 57.1 | ▲ 2.1 |
Key figures of FAGRON BELGIUM, 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 FAGRON BELGIUM?
What happened at FAGRON BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Cornelia DE JONG stepped down as director. NBB
- Rafael PADILLA stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.4 million. Source: NBB ↗
- Cornelia DE JONG became a director. NBB
- Rafael PADILLA became a director. NBB
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 145,147 loss in 2022 to € 1.4 million loss in 2025.
Paid € 30,989 in corporate taxes since 2022.
Pays suppliers within 75 days on average.
Management
The shares are held by Pharma Pack NV (100%).
Directors
According to the 2025 annual accounts
Cornelia DE JONG
Managing director
since 2023 · until 2029
Rafael PADILLA
Director
Also active at: PHARMA-PACK, ABC DENTAL AND PHARMACEUTICAL CONSULTANCY, FAGRON CAPITAL, FAGRON COMPOUNDING SERVICES, FAGRON
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Venecoweg 20A
9810 Nazareth-De Pinte
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0403.767.052
- VAT number
- BE 0403.767.052
- Registered office
- Venecoweg 20A, 9810 Nazareth-De Pinte
- Names & denominations
- FAGRON BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 May 1959
- Peppol
- Active · Active since 1 Oct 2025
- Activities · NACE
Groothandel in farmaceutische producten
Groothandel in farmaceutische en medische artikelen
Groothandel in parfumerieën en cosmetica