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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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PHARMA MANAGEMENT from Landen, company number BE0451878656, closed financial year 2025 with a result of € 376,772 after tax. For that financial year PHARMA MANAGEMENT recorded a gross margin of € 183,207 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 193,829 to € 376,772. Profitable, and profit is growing. 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 July 29, 2026.
€ 1.2 million
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 376,772
▲ 94% vs 2024
Profit after tax over the fiscal year.
€ 36,135
▼ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 910,993 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2.5
Average over the fiscal year, from the social balance sheet.
€ 112,808
▲ 40% vs 2024
€ 45,100 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.
€ 37,637
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 347,019
▼ 75% vs 2024
€ 63,537 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1,938
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,011
▼ 60% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 513,792 | € 526,485 | € 407,008 | € 183,207 | ▼ 55% |
| Profit after taxes | € 227,344 | € 212,730 | € 193,829 | € 376,772 | ▲ 94% |
| Equity | € 2,405,701 | € 1,518,400 | € 1,712,229 | € 1,178,008 | ▼ 31% |
| Total debts | € 1,869,550 | € 1,969,669 | € 1,824,590 | € 1,998,881 | ▲ 10% |
| Cash | € 55,927 | € 43,713 | € 68,666 | € 36,135 | ▼ 47% |
| Land & buildings | € 406,398 | € 389,869 | € 373,341 | € 356,812 | ▼ 4% |
| Retained profit | € 1,380,701 | € 1,456,400 | € 1,650,229 | € 1,116,008 | ▼ 32% |
| Dividend | € 0 | € 137,031 | € 0 | € 910,993 | |
| Bank debt | € 1,497,004 | € 1,436,265 | € 1,374,608 | € 347,019 | ▼ 75% |
| Balance sheet total | € 4,275,251 | € 3,488,069 | € 3,536,819 | € 3,176,889 | ▼ 10% |
| Employees (FTE) | 2.3 | 2.3 | 2.5 | 2.5 |
Key figures of PHARMA MANAGEMENT, 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 MANAGEMENT?
What happened at PHARMA MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 376,772 (▲ 94% vs 2024). Source: NBB ↗
- Bart Hendrickx became a director. NBB
- Pascale Goethuys became a director. NBB
- New establishment in Landen. KBO
- Start of the company according to the CBE. KBO
In short
From € 227,344 profit in 2022 to € 376,772 profit in 2025.
Paid € 332,202 in corporate taxes since 2022.
Best year ever: 2025, with € 376,772 profit.
On average € 73,300 of value added per employee in 2025.
Management
Behind PHARMA MANAGEMENT are Bart Hendrickx and Pascale Goethuys. It owns 100% of Apotheek Bart Hendrickx and 100% of Apotheek Attenhoven itself.
Directors
According to the 2025 annual accounts
since 2019
Pascale Goethuys
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Hannuitsesteenweg 78
3400 Landen
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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
LEASEWEB-NL-AMS-01 Netherlands, NL
Website info
Features
Security
Details
- Company number
- 0451.878.656
- VAT number
- BE 0451.878.656
- Registered office
- Hannuitsesteenweg 78, 3400 Landen
- Names & denominations
- PHARMA MANAGEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 1994
- Peppol
- Active · Active since 8 Dec 2025
- Contact
- apotheek-hendrickxbart.be
- Activities · NACE
Detailhandel in farmaceutische producten
Overige rechtskundige dienstverlening
Advocatenkantoor en juridische adviseurs