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 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PHARMA LOVENJOEL from Bierbeek, company number BE0479213355, closed financial year 2025 with a result of € 30,424 after tax. For that financial year PHARMA LOVENJOEL recorded a gross margin of € 76,302 and equity of € 83,201. Compared with financial year 2024, the result moved from € 29,884 to € 30,424. 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 March 27, 2026.
€ 83,201
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,424
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 19,962
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 25,000 paid out
82 % of the profit went to the shareholders, mostly to CUPPIE (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 150,750
▼ 30% vs 2024
€ 30,829 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 100,910
▲ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 114,759 | € 75,271 | € 69,298 | € 76,302 | ▲ 10% |
| Profit after taxes | € 77,338 | € 32,871 | € 29,884 | € 30,424 | ▲ 2% |
| Equity | € 75,023 | € 77,894 | € 77,777 | € 83,201 | ▲ 7% |
| Total debts | € 512,317 | € 464,884 | € 437,863 | € 399,385 | ▼ 9% |
| Cash | € 43,506 | € 50,406 | € 31,216 | € 19,962 | ▼ 36% |
| Land & buildings | € 298,338 | € 286,534 | € 274,730 | € 262,926 | ▼ 4% |
| Retained profit | € 13,023 | € 15,894 | € 15,777 | € 21,201 | ▲ 34% |
| Dividend | € 75,000 | € 30,000 | € 30,000 | € 25,000 | ▼ 17% |
| Bank debt | € 307,433 | € 257,593 | € 215,118 | € 150,750 | ▼ 30% |
| Balance sheet total | € 587,340 | € 542,778 | € 515,641 | € 482,587 | ▼ 6% |
Key figures of PHARMA LOVENJOEL, 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 April 2027.
What happened to PHARMA LOVENJOEL?
What happened at PHARMA LOVENJOEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kevin Dillaerts stepped down as director. NBB
- Cuppie BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 30,424 (▲ 2% vs 2024). Source: NBB ↗
- Kevin Dillaerts became a director. NBB
- Cuppie BV became a director. NBB
- New establishment in Bierbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 77,338 profit in 2022 to € 30,424 profit in 2025.
Paid € 3,772 in corporate taxes since 2022.
Best year ever: 2022, with € 77,338 profit.
Paid out € 160,000 in dividends to the owners in total.
Management
The stake of CUPPIE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PHARMA LOVENJOELThe shares are held by CUPPIE (100%).
Establishments
Establishment units
Physical locations of this company
Stationsstraat 21
3360 Bierbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.213.355
- VAT number
- BE 0479.213.355
- Registered office
- Stationsstraat 21, 3360 Bierbeek
- Names & denominations
- PHARMA LOVENJOEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 January 2003
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Detailhandel in farmaceutische producten
Apothekers