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 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PHARMATHUS from Aubange, company number BE0462268940, closed financial year 2025 with a result of € 209,797 after tax. For that financial year PHARMATHUS recorded a gross margin of € 612,062 and equity of € 261,016. Compared with financial year 2024, the result moved from € 152,666 to € 209,797. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 261,016
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 209,797
▲ 37% vs 2024
Profit after tax over the fiscal year.
€ 48,040
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 160,000 paid out
76 % of the profit went to the shareholders, mostly to DSTM HOLDING (100 % of the shares). That is where the money ends up.
People and assets in 2025
5.4
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 269,220
▼ 11% vs 2024
€ 49,900 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.
€ 5,580
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 217,390
▼ 2% vs 2024
€ 83,348 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 132,944
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 74,045
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 513,661 | € 496,968 | € 569,915 | € 612,062 | ▲ 7% |
| Profit after taxes | € 196,269 | € 162,558 | € 152,666 | € 209,797 | ▲ 37% |
| Equity | € 195,994 | € 203,552 | € 211,218 | € 261,016 | ▲ 24% |
| Total debts | € 644,980 | € 582,920 | € 567,665 | € 584,903 | ▲ 3% |
| Cash | € 65,203 | € 52,945 | € 53,496 | € 48,040 | ▼ 10% |
| Retained profit | € 177,402 | € 184,960 | € 192,626 | € 242,424 | ▲ 26% |
| Dividend | € 165,000 | € 155,000 | € 145,000 | € 160,000 | ▲ 10% |
| Bank debt | € 358,873 | € 279,143 | € 221,149 | € 217,390 | ▼ 2% |
| Balance sheet total | € 840,974 | € 786,473 | € 778,884 | € 845,919 | ▲ 9% |
| Employees (FTE) | 3.9 | 4 | 5 | 5.4 | ▲ 0.4 |
Key figures of PHARMATHUS, 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 PHARMATHUS?
What happened at PHARMATHUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 209,797 (▲ 37% vs 2024). Source: NBB ↗
- DSTM Holding SRL became a director. NBB
- New establishment in Aubange. KBO
- Start of the company according to the CBE. KBO
In short
From € 196,269 profit in 2022 to € 209,797 profit in 2025.
Paid € 187,574 in corporate taxes since 2022.
Best year ever: 2025, with € 209,797 profit.
On average € 113,300 of value added per employee in 2025.
Management
The stake of DSTM HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PHARMATHUSBehind PHARMATHUS is DSTM Holding SRL. The shares are held by DSTM HOLDING (100%).
Directors
According to the 2025 annual accounts
since 2016
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Commerce - ATHUS 19 D
6791 Aubange
Grand-rue - ATHUS 24 2
6791 Aubange
Active since 3 March 1998
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
HETZNER-AS, DE
Domain
Domain
pharmathus.com
Registered
2016-06-22
Registrar
Infomaniak Network SA
Expires
2026-06-22
Website info
Features
Security
Network
Details
- Company number
- 0462.268.940
- VAT number
- BE 0462.268.940
- Registered office
- Rue du Commerce - ATHUS 19 D, 6791 Aubange
- Names & denominations
- PHARMATHUS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 December 1997
- Peppol
- Active · Active since 4 Nov 2025
- Contact
- pharmathus.com
- Activities · NACE
Detailhandel in farmaceutische producten
Apothekers