Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
GAMA MEDICALS from Ukkel, company number BE0443857944, closed financial year 2024 with a result of € -37,084 after tax. For that financial year GAMA MEDICALS recorded a gross margin of € 314,927 and equity of € 82,205. Compared with financial year 2023, the result moved from € 46,192 to € -37,084. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 19, 2025.
€ 82,205
▼ 31% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,084
▼ still € 46,192 profit in 2023
Profit after tax over the fiscal year.
€ 57,864
▼ 30% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 20,205.
People and assets in 2024
5.1
▼ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 232,614
▲ 17% vs 2023
€ 45,600 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.
€ 79,605
▼ 33% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 277,039
▼ 20% vs 2023
€ 54,772 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 325,473
▲ 65% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 34,529
▲ 36% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 397,972 | € 524,119 | € 377,523 | € 314,927 | ▼ 17% |
| Profit after taxes | € 94,569 | € 208,649 | € 46,192 | € -37,084 | ▼ € 83,276 |
| Equity | € 104,448 | € 73,097 | € 119,289 | € 82,205 | ▼ 31% |
| Total debts | € 1,008,412 | € 896,327 | € 652,037 | € 645,988 | ▼ 1% |
| Cash | € 83,360 | € 204,974 | € 82,944 | € 57,864 | ▼ 30% |
| Land & buildings | € 436,940 | € 6,052 | € 4,149 | € 2,246 | ▼ 46% |
| Retained profit | € 42,448 | € 11,097 | € 57,289 | € 20,205 | ▼ 65% |
| Dividend | € 65,000 | € 240,000 | € 0 | € 0 | |
| Bank debt | € 616,625 | € 381,673 | € 346,076 | € 277,039 | ▼ 20% |
| Balance sheet total | € 1,112,860 | € 969,423 | € 771,326 | € 728,193 | ▼ 6% |
| Employees (FTE) | 5.2 | 5.3 | 5.2 | 5.1 | ▼ 0.1 |
Key figures of GAMA MEDICALS, 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 GAMA MEDICALS?
What happened at GAMA MEDICALS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 37,084 (▼ € 83,276 vs 2023). filed late Source: NBB ↗
- B&b PHARMA SRL became a director. NBB
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 94,569 profit in 2021 to € 37,084 loss in 2024.
Paid € 48,415 in corporate taxes since 2021.
Best year ever: 2022, with € 208,649 profit.
On average € 61,800 of value added per employee in 2024.
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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&B PHARMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GAMA MEDICALSBehind GAMA MEDICALS is B&b PHARMA SRL. The shares are held by B&B PHARMA (100%).
Directors
According to the 2024 annual accounts
Director · represented by Emmanuel Balthazar, Nassima Boulal
since 2000
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gulden Kasteelstraat 14
1180 Ukkel
Gulden Kasteelstraat 1180 box 14
1180 Ukkel
Active since 15 May 1991
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
- 0443.857.944
- VAT number
- BE 0443.857.944
- Registered office
- Gulden Kasteelstraat 14, 1180 Ukkel
- Names & denominations
- GAMA MEDICALS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 1991
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Detailhandel in farmaceutische producten
Apothekers
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