Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 3.9 to 3.1.
Financials
Financial year 2025
VABO PHARMA from Menen, company number BE0420027816, closed financial year 2025 with a result of € 30,624 after tax. For that financial year VABO PHARMA recorded a gross margin of € 372,287 and equity of € 166,233. Compared with financial year 2024, the result moved from € 139,286 to € 30,624. 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 July 23, 2026.
€ 166,233
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,624
▼ 78% vs 2024
Profit after tax over the fiscal year.
€ 65,108
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 30,000 paid out
98 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
3.1
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 210,055
▼ 8% vs 2024
€ 67,800 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.
€ 1,609
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12,248
▼ 97% vs 2024
Loans from banks and other lenders, long and short.
€ 159,986
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,571
▼ 37% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 697,150 | € 602,264 | € 451,116 | € 372,287 | ▼ 17% |
| Profit after taxes | € 329,894 | € 267,690 | € 139,286 | € 30,624 | ▼ 78% |
| Equity | € 158,632 | € 161,323 | € 165,609 | € 166,233 | |
| Total debts | € 1,491,313 | € 1,244,210 | € 903,296 | € 794,580 | ▼ 12% |
| Cash | € 21,814 | € 51,439 | € 99,025 | € 65,108 | ▼ 34% |
| Land & buildings | € 466,869 | € 444,070 | € 414,278 | € 384,875 | ▼ 7% |
| Retained profit | € 108,632 | € 111,323 | € 115,609 | € 116,233 | ▲ 1% |
| Dividend | € 325,000 | € 265,000 | € 135,000 | € 30,000 | ▼ 78% |
| Bank debt | € 641,422 | € 502,041 | € 362,829 | € 12,248 | ▼ 97% |
| Balance sheet total | € 1,649,945 | € 1,405,533 | € 1,068,905 | € 960,813 | ▼ 10% |
| Employees (FTE) | 4.9 | 3.9 | 3.5 | 3.1 | ▼ 0.4 |
Key figures of VABO PHARMA, 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 VABO PHARMA?
What happened at VABO PHARMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 30,624 (▼ 78% vs 2024). Source: NBB ↗
- JUVENTAS & ASSOCIES SCOMM became a director. NBB
- BEHEER FIEBEY COMMV became a director. NBB
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 329,894 profit in 2022 to € 30,624 profit in 2025.
Paid € 14,043 in corporate taxes since 2022.
Best year ever: 2022, with € 329,894 profit.
On average € 120,100 of value added per employee in 2025.
Management
Behind VABO PHARMA are JUVENTAS & ASSOCIES SCOMM and BEHEER FIEBEY COMMV. The same people are also behind De Rote, LEIEZICHT, SENIORIE STEPHANIE, RUSTHUIS STRIJLAND and DAYAM. BEHEER FIEBEY COMMV is also behind DIKI RECORDS, DEWOFIRE, R.A.S.R. 11, Flanders Lease Renting & Trade and HYSOP.
Directors
According to the 2025 annual accounts
Director · represented by Gaënne Fievez
Also active at: De Rote, LEIEZICHT, SENIORIE STEPHANIE, RUSTHUIS STRIJLAND, DAYAM, RESIDENCE MARIE - ASTRID, ACROPOLYS, PHIBA +19 more
since 2011
Director · represented by Thierry Fievez
Also active at: De Rote, LEIEZICHT, SENIORIE STEPHANIE, RUSTHUIS STRIJLAND, DAYAM, RESIDENCE MARIE - ASTRID, ACROPOLYS, PHIBA +24 more
since 2011
Establishments
Establishment units
Physical locations of this company
Dronckaertstraat 68 B
8930 Menen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0420.027.816
- VAT number
- BE 0420.027.816
- Registered office
- Dronckaertstraat 68 B, 8930 Menen
- Names & denominations
- VABO PHARMA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 January 1980
- Peppol
- Active · Active since 11 Mar 2025
- Activities · NACE
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