Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.9 to 4.1.
Financials
Financial year 2025
PHARMA PLUS from Boussu, company number BE0432850028, closed financial year 2025 with a result of € 15,884 after tax. For that financial year PHARMA PLUS recorded a gross margin of € 248,353 and equity of € 876,038. Compared with financial year 2024, the result moved from € 78,352 to € 15,884. The company is profitable. 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 May 12, 2026.
€ 876,038
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,884
▼ 80% vs 2024
Profit after tax over the fiscal year.
€ 5,375
▼ 2% 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 € 814,038.
People and assets in 2025
4.1
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 216,406
▲ 4% vs 2024
€ 52,800 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.
€ 15,725
▲ € 14,220 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.
€ 104,694
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 47,609
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 483,482 | € 453,821 | € 602,949 | € 248,353 | ▼ 59% |
| Profit after taxes | € 92,689 | € 50,938 | € 78,352 | € 15,884 | ▼ 80% |
| Equity | € 1,098,864 | € 781,803 | € 860,154 | € 876,038 | ▲ 2% |
| Total debts | € 226,450 | € 296,324 | € 189,118 | € 152,303 | ▼ 19% |
| Cash | € 13,408 | € 11,810 | € 5,478 | € 5,375 | ▼ 2% |
| Land & buildings | € 534,765 | € 498,303 | € 217,529 | € 219,725 | ▲ 1% |
| Retained profit | € 1,036,864 | € 719,803 | € 798,154 | € 814,038 | ▲ 2% |
| Dividend | € 0 | € 368,000 | € 0 | € 0 | |
| Balance sheet total | € 1,325,314 | € 1,078,127 | € 1,049,272 | € 1,028,341 | ▼ 2% |
| Employees (FTE) | 5.6 | 5.9 | 4.2 | 4.1 | ▼ 0.1 |
Key figures of PHARMA PLUS, 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 PHARMA PLUS?
What happened at PHARMA PLUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,884 (▼ 80% vs 2024). Source: NBB ↗
- Alexo SRL became a director. NBB
- Sodiap SRL became a director. NBB
- New establishment in Boussu. KBO
- Start of the company according to the CBE. KBO
In short
From € 92,689 profit in 2022 to € 15,884 profit in 2025.
Paid € 96,464 in corporate taxes since 2022.
Best year ever: 2022, with € 92,689 profit.
On average € 60,600 of value added per employee in 2025.
Management
The stake of SODIAP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PHARMA PLUSBehind PHARMA PLUS are Sodiap SRL and Alexo SRL. The shares are held by SODIAP (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Tom Goderis
Also active at: SDC, HC Pharma, APOTHEEK JENNE, Apotheek de Lisseweg, Apotheek Seurinck, APOTHEEK SCARPHOUT, C.E. FARMA, SANIFAR +24 more
since 2020
Chairman of the board · represented by Olivier Delaere
Also active at: SDC, HC Pharma, SODIAP, APOTHEEK JENNE, PANNOC CHEMIE, Apotheek de Lisseweg, Apotheek Seurinck, APOTHEEK SCARPHOUT +34 more
since 2022
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Alfred Dendal(B) 192
7300 Boussu
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.850.028
- VAT number
- BE 0432.850.028
- Registered office
- Rue Alfred Dendal(B) 192, 7300 Boussu
- Names & denominations
- PHARMA PLUS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1987
- Peppol
- Active · Active since 6 Jun 2025
- Activities · NACE
Detailhandel in farmaceutische producten
Apothekers