Financials
Financial year 2025
GALMART - BORREMANS from Pajottegem, company number BE0435222370, closed financial year 2025 with a result of € 136,414 after tax. For that financial year GALMART - BORREMANS recorded a gross margin of € 470,823 and equity of € 711,076. Compared with financial year 2024, the result moved from € 160,656 to € 136,414. 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 July 30, 2026.
€ 711,076
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 136,414
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 99,750
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 130,000 paid out
95 % of the profit went to the shareholders, mostly to THE PHARMACY INVESTMENT COMPANY (80 % of the shares). That is where the money ends up.
People and assets in 2025
3.5
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 278,808
▲ 9% vs 2024
€ 79,700 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.
€ 11,449
▼ 16% 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.
€ 201,032
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39,331
▼ 43% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 347,030 | € 415,305 | € 477,310 | € 470,823 | ▼ 1% |
| Profit after taxes | € 144,359 | € 130,752 | € 160,656 | € 136,414 | ▼ 15% |
| Equity | € 673,254 | € 684,006 | € 704,662 | € 711,076 | ▲ 1% |
| Total debts | € 313,414 | € 381,694 | € 452,715 | € 451,240 | |
| Cash | € 90,060 | € 111,675 | € 208,664 | € 99,750 | ▼ 52% |
| Land & buildings | € 14,410 | € 12,926 | € 23,547 | € 24,888 | ▲ 6% |
| Retained profit | € 654,662 | € 665,414 | € 686,070 | € 692,484 | ▲ 1% |
| Dividend | € 140,000 | € 120,000 | € 140,000 | € 130,000 | ▼ 7% |
| Balance sheet total | € 986,668 | € 1,065,700 | € 1,157,378 | € 1,162,316 | |
| Employees (FTE) | 2.7 | 3.4 | 3.2 | 3.5 | ▲ 0.3 |
Key figures of GALMART - BORREMANS, 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 GALMART - BORREMANS?
What happened at GALMART - BORREMANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 136,414 (▼ 15% vs 2024). Source: NBB ↗
- Bruno Galmart became a director. NBB
- New establishment in Pajottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 144,359 profit in 2022 to € 136,414 profit in 2025.
Paid € 195,834 in corporate taxes since 2022.
Best year ever: 2024, with € 160,656 profit.
On average € 134,500 of value added per employee in 2025.
Management
The stake of THE PHARMACY INVESTMENT COMPANY, TRIBUTA RIVO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GALMART - BORREMANSBehind GALMART - BORREMANS are Bruno Galmart and Barbara Van Eylen. The shares are held by THE PHARMACY INVESTMENT COMPANY (80%) and TRIBUTA RIVO (20%).
Directors
According to the 2025 annual accounts
Bruno Galmart
Director
Also active at: APOTHEEK TOLLEMBEEK, THE PHARMACY INVESTMENT COMPANY, CASTORO
since 2001
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Marktplein 5
1570 Pajottegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0435.222.370
- VAT number
- BE 0435.222.370
- Registered office
- Marktplein 5, 1570 Pajottegem
- Names & denominations
- GALMART - BORREMANS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 1988
- Peppol
- Active · Active since 5 Nov 2025
- Activities · NACE
Detailhandel in farmaceutische producten
Apothekers