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 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VVM Pharma Invest from Waregem, company number BE0536716836, closed financial year 2025 with a result of € 159,987 after tax. For that financial year VVM Pharma Invest recorded a gross margin of € 175,316 and equity of € 731,658. Compared with financial year 2024, the result moved from € 190,070 to € 159,987. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2025.
€ 731,658
▲ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 159,987
▼ 16% vs 2024
Profit after tax over the fiscal year.
€ 42,697
▼ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 713,052.
People and assets in 2025
€ 54,683
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 902,010
▼ 18% vs 2024
€ 106,567 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 14,901
▲ € 13,713 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,767
▼ 9% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 182,035 | € 202,675 | € 178,607 | € 175,316 | ▼ 2% |
| Profit after taxes | € 90,402 | € 156,551 | € 190,070 | € 159,987 | ▼ 16% |
| Equity | € 395,049 | € 431,600 | € 571,670 | € 731,658 | ▲ 28% |
| Total debts | € 1,282,587 | € 1,252,574 | € 1,173,734 | € 961,428 | ▼ 18% |
| Cash | € 39,232 | € 75,706 | € 54,694 | € 42,697 | ▼ 22% |
| Land & buildings | € 702,157 | € 666,096 | € 633,814 | € 610,205 | ▼ 4% |
| Retained profit | € 376,443 | € 412,994 | € 553,064 | € 713,052 | ▲ 29% |
| Dividend | € 40,000 | € 120,000 | € 50,000 | € 0 | ▼ 100% |
| Bank debt | € 1,258,897 | € 1,123,517 | € 1,106,529 | € 902,010 | ▼ 18% |
| Balance sheet total | € 1,677,637 | € 1,684,174 | € 1,745,404 | € 1,693,086 | ▼ 3% |
Key figures of VVM Pharma Invest, 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 October 2026.
What happened to VVM Pharma Invest?
What happened at VVM Pharma Invest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 159,987 (▼ 16% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 90,402 profit in 2022 to € 159,987 profit in 2025.
Paid € 135,771 in corporate taxes since 2022.
Best year ever: 2024, with € 190,070 profit.
Paid out € 210,000 in dividends to the owners in total.
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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
Behind VVM Pharma Invest are Stefaan Van Meel and Sebastien Verhofstede. It owns 100% of Apotheek Verhofstede itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Zuiderlaan 35 box 94
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0536.716.836
- VAT number
- BE 0536.716.836
- Registered office
- Zuiderlaan 35 bus 94, 8790 Waregem
- Names & denominations
- VVM Pharma Invest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2013
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
Detailhandel in farmaceutische producten