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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
PHARMACIE ADAM from Montigny-le-Tilleul, company number BE0443727686, closed financial year 2024 with a result of € -58,024 after tax. For that financial year PHARMACIE ADAM recorded a gross margin of € 12,093 and equity of € -746,818. Compared with financial year 2023, the result moved from € -106,819 to € -58,024. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2025.
€ -746,818
▼ € 58,024 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -58,024
▲ 46 % less loss than in 2023
Profit after tax over the fiscal year.
€ 12,570
▼ 71% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
People and assets in 2024
€ 278
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 5,238
▼ 76% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 40,327 | € 28,342 | € -17,070 | € 12,093 | ▲ € 29,164 |
| Profit after taxes | € -56,844 | € -12,899 | € -106,819 | € -58,024 | ▲ € 48,795 |
| Equity | € -569,077 | € -581,976 | € -688,795 | € -746,818 | ▼ € 58,024 |
| Total debts | € 1,871,820 | € 1,869,928 | € 1,778,926 | € 1,744,651 | ▼ 2% |
| Cash | € 5,871 | € 126,986 | € 43,551 | € 12,570 | ▼ 71% |
| Land & buildings | € 756,529 | € 660,103 | € 636,197 | € 612,291 | ▼ 4% |
| Retained profit | € -923,100 | € -935,999 | € -1,042,818 | € -1,100,842 | ▼ € 58,024 |
| Balance sheet total | € 1,426,629 | € 1,393,907 | € 1,191,159 | € 1,093,934 | ▼ 8% |
Key figures of PHARMACIE ADAM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PHARMACIE ADAM?
What happened at PHARMACIE ADAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Baudouin Adam stepped down as director. NBB
- Emmanuelle Adam stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 58,024. Source: NBB ↗
- Baudouin Adam became a director. NBB
- Emmanuelle Adam became a director. NBB
- New establishment in Anderlecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 56,844 loss in 2021 to € 58,024 loss in 2024.
Paid € 514 in corporate taxes since 2021.
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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 B.ADAM HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PHARMACIE ADAMThe shares are held by B.ADAM HOLDING (60%).
Directors
According to the 2024 annual accounts
since 2020 · until 2026
since 2020 · until 2026
Shareholders
60%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de la Station 235
6110 Montigny-le-Tilleul
d'Aumalestraat 74
1070 Anderlecht
Active since 10 April 1991
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
- 0443.727.686
- VAT number
- BE 0443.727.686
- Registered office
- Rue de la Station 235, 6110 Montigny-le-Tilleul
- Names & denominations
- PHARMACIE ADAM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 1991
- Peppol
- Not registered