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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LITHI - PHARMA from Gistel, company number BE0449135041, closed financial year 2025 with a result of € -223,557 after tax. For that financial year LITHI - PHARMA recorded a gross margin of € 149,752 and equity of € 553,324. Compared with financial year 2024, the result moved from € -18,359 to € -223,557. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 29, 2025.
€ 553,324
▼ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -223,557
▼ 1118 % more loss than in 2024
Profit after tax over the fiscal year.
€ 24,844
▲ € 22,518 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 353,324.
People and assets in 2025
€ 3,361
▼ 61% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 633,782
▼ 7% vs 2024
€ 56,077 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 70,156
▲ € 68,640 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,043
▲ 114% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 124,145 | € 204,719 | € 41,181 | € 149,752 | ▲ 264% |
| Profit after taxes | € 28,249 | € 119,769 | € -18,359 | € -223,557 | ▼ € 205,197 |
| Equity | € 675,471 | € 795,240 | € 776,881 | € 553,324 | ▼ 29% |
| Total debts | € 1,485,936 | € 1,291,281 | € 1,029,929 | € 923,223 | ▼ 10% |
| Cash | € 8,349 | € 23,438 | € 2,326 | € 24,844 | ▲ € 22,518 |
| Land & buildings | € 1,346,871 | € 1,150,735 | € 1,123,183 | € 1,165,672 | ▲ 4% |
| Retained profit | € 475,471 | € 595,240 | € 576,881 | € 353,324 | ▼ 39% |
| Bank debt | € 950,265 | € 891,181 | € 684,904 | € 633,782 | ▼ 7% |
| Balance sheet total | € 2,324,531 | € 2,262,080 | € 1,974,369 | € 1,610,593 | ▼ 18% |
Key figures of LITHI - PHARMA, 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 LITHI - PHARMA?
What happened at LITHI - PHARMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thierry BAETSLE stepped down as director. NBB
- Lien Matton stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 223,557. Source: NBB ↗
- Thierry BAETSLE became a director. NBB
- Lien Matton became a director. NBB
- New establishment in Gistel. KBO
- New establishment in Gistel. KBO
- Start of the company according to the CBE. KBO
In short
From € 28,249 profit in 2022 to € 223,557 loss in 2025.
Best year ever: 2023, with € 119,769 profit.
Management
It owns 49.8% of Bioclin itself.
Directors
According to the 2025 annual accounts
Thierry BAETSLE
Managing director
since 2021 · until 2027
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Zomerloosstraat 33 box A
8470 Gistel
Zomerloosstraat 33/A
8470 Gistel
Active since 25 January 1993
Stationsstraat 79
8470 Gistel
Active since 1 February 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.135.041
- VAT number
- BE 0449.135.041
- Registered office
- Zomerloosstraat 33 bus A, 8470 Gistel
- Names & denominations
- LITHI - PHARMA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 January 1993
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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