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 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DEMUPHAR from Gent, company number BE0415077054, closed financial year 2025 with a result of € 30,155 after tax. For that financial year DEMUPHAR recorded a gross margin of € 74,815 and equity of € 315,914. Compared with financial year 2024, the result moved from € 39,483 to € 30,155. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 10, 2025.
€ 315,914
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,155
▼ 24% vs 2024
Profit after tax over the fiscal year.
€ 7,670
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 210,914.
Debts at end 2025
€ 162,726
▼ 27% vs 2024
€ 61,601 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1,598
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,963
▲ 77% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 59,930 | € 75,610 | € 67,885 | € 74,815 | ▲ 10% |
| Profit after taxes | € 32,867 | € 47,757 | € 39,483 | € 30,155 | ▼ 24% |
| Equity | € 242,152 | € 265,271 | € 285,759 | € 315,914 | ▲ 11% |
| Total debts | € 737,454 | € 715,284 | € 702,455 | € 662,611 | ▼ 6% |
| Cash | € 7,742 | € 9,380 | € 15,151 | € 7,670 | ▼ 49% |
| Land & buildings | € 19,359 | € 18,579 | € 19,571 | € 18,598 | ▼ 5% |
| Retained profit | € 137,152 | € 160,271 | € 180,759 | € 210,914 | ▲ 17% |
| Dividend | € 33,530 | € 24,638 | € 18,995 | € 0 | ▼ 100% |
| Bank debt | € 437,528 | € 280,882 | € 222,629 | € 162,726 | ▼ 27% |
| Balance sheet total | € 979,606 | € 980,555 | € 988,214 | € 978,525 | ▼ 1% |
Key figures of DEMUPHAR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to DEMUPHAR?
What happened at DEMUPHAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 30,155 (▼ 24% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,867 profit in 2022 to € 30,155 profit in 2025.
Paid € 53,843 in corporate taxes since 2022.
Best year ever: 2023, with € 47,757 profit.
Paid out € 77,163 in dividends to the owners in total.
Management
Behind DEMUPHAR is Filip DE MUYNCK. It owns 100% of Apotheek DE MUYNCK itself.
Directors
According to the 2025 annual accounts
Filip DE MUYNCK
Manager
Establishments
Establishment units
Physical locations of this company
Frans van Ryhovelaan 36 A
9000 Gent
Frans van Ryhovelaan 36A
9000 Gent
Active since 1 July 1975
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0415.077.054
- VAT number
- BE 0415.077.054
- Registered office
- Frans van Ryhovelaan 36 A, 9000 Gent
- Names & denominations
- DEMUPHAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1975
- Peppol
- Active · Active since 25 Sept 2025
- Activities · NACE
Detailhandel in farmaceutische producten
Apothekers