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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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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 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EFARMZ from Anderlecht, company number BE0534744073, closed financial year 2025 with a result of € -567,233 after tax. For that financial year EFARMZ recorded a gross margin of € 2.1 million and equity of € -40,700. Compared with financial year 2024, the result moved from € -1.1 million to € -567,233. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 28, 2026.
€ -40,700
▲ € 27,487 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -567,233
▲ 49 % less loss than in 2024
Profit after tax over the fiscal year.
€ 304,158
▲ € 238,849 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.8 million.
People and assets in 2025
45.7
▲ 3.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▲ 4% vs 2024
€ 46,700 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.
€ 62,028
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1 million
▼ 9% vs 2024
€ 163,378 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 661,106
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 267,494
▲ 40% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,535,475 | € 1,365,836 | € 1,507,848 | € 2,123,578 | ▲ 41% |
| Profit after taxes | € -840,345 | € -1,428,338 | € -1,107,346 | € -567,233 | ▲ € 540,114 |
| Equity | € 2,467,497 | € 1,039,160 | € -68,187 | € -40,700 | ▲ € 27,487 |
| Total debts | € 1,164,212 | € 1,245,226 | € 2,062,020 | € 1,991,705 | ▼ 3% |
| Cash | € 2,061,980 | € 177,785 | € 65,309 | € 304,158 | ▲ € 238,849 |
| Retained profit | € -1,676,451 | € -3,104,789 | € -4,212,135 | € -4,779,368 | ▼ € 567,233 |
| Bank debt | € 207,444 | € 158,673 | € 1,119,746 | € 1,018,224 | ▼ 9% |
| Balance sheet total | € 3,631,709 | € 2,284,386 | € 1,993,834 | € 1,951,004 | ▼ 2% |
| Employees (FTE) | 46 | 49.5 | 42.3 | 45.7 | ▲ 3.4 |
Key figures of EFARMZ, 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 EFARMZ?
What happened at EFARMZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 567,233. Source: NBB ↗
- Philippe Boyens became a director. NBB
- CDP Invest became a director. NBB
- MB Marketing SRL became a director. NBB
- AKILES MANAGEMENT became a director. NBB
- AMS Equity became a director. NBB
- AKILES SRL became a director. NBB
- FIDOUNA became a director. NBB
In short
From € 840,345 loss in 2022 to € 567,233 loss in 2025.
On average € 46,500 of value added per employee in 2025.
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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 AKILES, FIDOUNA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EFARMZBehind EFARMZ are CDP Invest, Philippe Boyens, MB Marketing SRL, AKILES MANAGEMENT, AMS Equity and AKILES SRL. The shares are held by AKILES (40.9%) and FIDOUNA (24.9%).
Directors
According to the 2025 annual accounts
since 2023
Philippe Boyens
Director
since 2025
since 2022
Director · represented by Thierry François
Also active at: EMMERS RUITERSPORT, Loop, HOLIFRESH, DE BERGHEI, AKILES, MOONBIRD, MCG, The Sealants Group +2 more
since 2022
since 2022
Director · represented by Christophe Rousseaux
Also active at: EMMERS RUITERSPORT, METHIS CONSULTING, Vaigo, DE BERGHEI, CS Holdco, MCG
since 2022
Director · represented by Diégo, Du Monceau de Bergendal
since 2022
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrielaan 135
1070 Anderlecht
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0534.744.073
- VAT number
- BE 0534.744.073
- Registered office
- Industrielaan 135, 1070 Anderlecht
- Names & denominations
- EFARMZ
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 May 2013
- Peppol
- Active · Active since 15 Apr 2025
- Activities · NACE
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