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 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FARMA - IMMO from Beernem, company number BE0431280905, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year FARMA - IMMO recorded a gross margin of € 2.3 million and equity of € 7.3 million. Compared with financial year 2024, the result moved from € 61,768 to € 1.1 million. 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 February 27, 2026.
€ 7.3 million
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ € 1.1 million vs 2024
Profit after tax over the fiscal year.
€ 521,718
▲ 93% 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 € 5.6 million.
People and assets in 2025
€ 15,007
▲ € 14,688 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 479,166
▼ 21% vs 2024
€ 125,000 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 47,470
▲ € 42,161 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 851,431 | € 1,109,571 | € 828,192 | € 2,275,548 | ▲ 175% |
| Profit after taxes | € 257,719 | € 74,532 | € 61,768 | € 1,141,755 | ▲ € 1.1 million |
| Equity | € 6,065,010 | € 6,134,542 | € 6,191,310 | € 7,333,065 | ▲ 18% |
| Total debts | € 4,878,054 | € 4,573,927 | € 4,053,816 | € 2,942,244 | ▼ 27% |
| Cash | € 61,308 | € 372,613 | € 269,681 | € 521,718 | ▲ 93% |
| Land & buildings | € 11,503,859 | € 11,047,129 | € 10,664,236 | € 10,281,903 | ▼ 4% |
| Retained profit | € 4,354,518 | € 4,424,050 | € 4,480,818 | € 5,622,573 | ▲ 25% |
| Dividend | € 90,000 | € 5,000 | € 5,000 | € 0 | ▼ 100% |
| Bank debt | € 854,167 | € 729,167 | € 604,166 | € 479,166 | ▼ 21% |
| Balance sheet total | € 11,731,571 | € 11,493,387 | € 10,992,379 | € 11,084,410 | ▲ 1% |
Key figures of FARMA - IMMO, 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 FARMA - IMMO?
What happened at FARMA - IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Wisli Invest NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million (▲ € 1.1 million vs 2024). filed late Source: NBB ↗
- Ward Cecat GCV stepped down as director. NBB
- Wisli Invest NV became a director. NBB
- Ward Cecat GCV became a director. NBB
- New establishment in Beernem. KBO
- Start of the company according to the CBE. KBO
In short
From € 257,719 profit in 2022 to € 1.1 million profit in 2025.
Paid € 472,140 in corporate taxes since 2022.
Best year ever: 2025, with € 1.1 million profit.
Paid out € 100,000 in dividends to the owners in total.
Management
The stake of WISLI INVEST, APOTHEEK DESSEIN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FARMA - IMMOThe shares are held by WISLI INVEST (100%) and APOTHEEK DESSEIN (15.1%). It owns 25% of HIMCO NV itself.
Directors
According to the 2025 annual accounts
since 2020 · until 2026
Director · represented by Ward Cecat
since 2020 · until 2025
Shareholders
100%
15.1%
Participations
25%
Establishments
Establishment units
Physical locations of this company
Parkstraat 2
8730 Beernem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →APOTHEEK DESSEIN same network
€ 35.7 million revenue · 2025
VETRIA
€ 16.1 million revenue · 2025
XLENT-IMMO
€ -350 gross margin · 2025
SANIDUS
€ -4,947 gross margin · 2025
WISLI INVEST same network
€ 555,249 revenue · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.280.905
- VAT number
- BE 0431.280.905
- Registered office
- Parkstraat 2, 8730 Beernem
- Names & denominations
- FARMA - IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 May 1987
- Peppol
- Active · Active since 16 Mar 2026
- Activities · NACE
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