Financials
Financial year 2025
PHARMACIE GRAAS from Liège, company number BE0421251303, closed financial year 2025 with a result of € 123,959 after tax. For that financial year PHARMACIE GRAAS recorded a gross margin of € 403,154 and equity of € 241,059. Compared with financial year 2024, the result moved from € -50,162 to € 123,959. Profitable, and profit is growing. 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 August 14, 2026.
€ 241,059
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 123,959
▲ still € 50,162 loss in 2024
Profit after tax over the fiscal year.
€ 158,016
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 73,700 paid out
59 % of the profit went to the shareholders, mostly to GRAAS INVEST (100 % of the shares). That is where the money ends up.
People and assets in 2025
3.7
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 224,031
▼ 6% vs 2024
€ 60,500 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.
Debts at end 2025
€ 115,091
▼ 14% vs 2024
€ 17,458 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 141,311
▲ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,201
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 278,724 | € 347,065 | € 413,380 | € 403,154 | ▼ 2% |
| Profit after taxes | € 90,944 | € 111,946 | € -50,162 | € 123,959 | ▲ € 174,121 |
| Equity | € 240,916 | € 240,962 | € 190,800 | € 241,059 | ▲ 26% |
| Total debts | € 487,105 | € 582,737 | € 304,519 | € 369,174 | ▲ 21% |
| Cash | € 109,679 | € 118,947 | € 127,930 | € 158,016 | ▲ 24% |
| Land & buildings | € 1,035 | € 2,790 | € 2,461 | € 5,590 | ▲ 127% |
| Retained profit | € 219,522 | € 219,568 | € 169,406 | € 219,666 | ▲ 30% |
| Dividend | € 90,900 | € 111,900 | € 0 | € 73,700 | |
| Bank debt | € 165,400 | € 148,964 | € 134,183 | € 115,091 | ▼ 14% |
| Balance sheet total | € 728,021 | € 823,699 | € 495,319 | € 610,234 | ▲ 23% |
| Employees (FTE) | 3.2 | 3.9 | 4.3 | 3.7 | ▼ 0.6 |
Key figures of PHARMACIE GRAAS, 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 PHARMACIE GRAAS?
What happened at PHARMACIE GRAAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 123,959. filed late Source: NBB ↗
- Graas Invest SRL became a director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 90,944 profit in 2022 to € 123,959 profit in 2025.
Paid € 60,707 in corporate taxes since 2022.
Best year ever: 2025, with € 123,959 profit.
On average € 109,000 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of GRAAS INVEST, FVS&NG Management comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PHARMACIE GRAASBehind PHARMACIE GRAAS is Graas Invest SRL. The shares are held by GRAAS INVEST (100%) and FVS&NG Management.
Directors
According to the 2025 annual accounts
Director · represented by Graas Nathan
since 2020
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue du Luxembourg 92
4020 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0421.251.303
- VAT number
- BE 0421.251.303
- Registered office
- Avenue du Luxembourg 92, 4020 Liège
- Names & denominations
- PHARMACIE GRAAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1981
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
Apothekers
Detailhandel in farmaceutische producten