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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Pharmacies by Medi-Market Group from Evere, company number BE0548663375, closed financial year 2025 with a result of € 768,782 after tax. For that financial year Pharmacies by Medi-Market Group recorded revenue of € 61.7 million and equity of € -656,748. Compared with financial year 2024, the result moved from € 963,555 to € 768,782. The company is profitable. 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 July 3, 2026.
€ -656,748
▲ € 768,782 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 768,782
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 276,181
▼ 67% 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 € -718,748.
People and assets in 2025
101.3
▲ 3.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6 million
▼ 2% vs 2024
€ 59,300 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.
€ 627,099
▼ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 12% vs 2024
€ 302,090 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 12.7 million
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 84 days on average.
€ 732,305
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 40,355,866 | € 46,437,612 | € 53,615,120 | € 61,703,783 | ▲ 15% |
| Profit after taxes | € -550,490 | € 825,831 | € 963,555 | € 768,782 | ▼ 20% |
| Equity | € -3,214,915 | € -2,389,084 | € -1,425,529 | € -656,748 | ▲ € 768,782 |
| Total debts | € 15,850,379 | € 16,397,513 | € 16,098,317 | € 21,018,518 | ▲ 31% |
| Cash | € 1,031,682 | € 729,015 | € 846,933 | € 276,181 | ▼ 67% |
| Retained profit | € -3,276,915 | € -2,451,084 | € -1,487,529 | € -718,748 | ▲ € 768,782 |
| Bank debt | € 2,732,146 | € 2,086,738 | € 1,602,590 | € 1,403,363 | ▼ 12% |
| Balance sheet total | € 12,816,578 | € 14,008,428 | € 14,672,787 | € 20,361,770 | ▲ 39% |
| Employees (FTE) | 91.8 | 101.7 | 98.1 | 101.3 | ▲ 3.2 |
Key figures of Pharmacies by Medi-Market Group, 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 Pharmacies by Medi-Market Group?
What happened at Pharmacies by Medi-Market Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 768,782 (▼ 20% vs 2024). Source: NBB ↗
- Medi-Market Group SA stepped down as director. NBB
- New establishment in Mons. KBO
- New establishment in Liège. KBO
- New establishment in Elsene. KBO
- Medi-Market Group SA became a director. NBB
- New establishment in Nivelles. KBO
- New establishment in Namur. KBO
In short
From € 550,490 loss in 2022 to € 768,782 profit in 2025.
Paid € 9,563 in corporate taxes since 2022.
Best year ever: 2024, with € 963,555 profit.
Pays suppliers within 84 days on average.
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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 shares are held by Medi-Market Group (100%).
Directors
According to the 2025 annual accounts
Director · represented by Cédric Antoine
Also active at: Pharmacie by Medi-Market Group – Waterloo Bix, Parapharmacity, Medi-Market Mons Grand Pré, MEDI-MARKET Parapharmacies, Pharmacie by Medi-Market Group - Gosselies, Pharmacie by Medi-Market Group - Bruxelles Docks, Pharmacie by Medi-Market Group - Schoten, Pharmacie by Medi-Market Group - Evere +7 more
since 2021 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Cicerolaan 7
1140 Evere
Chaussée de Tongres 255
4000 Liège
Active since 18 March 2014
Rue de Namur 138
6041 Charleroi
Active since 18 February 2014
Horstebaan 202
2900 Schoten
Active since 24 October 2014
Werkhuizenkaai 159
1000 Brussel
Active since 15 December 2015
Kortrijksesteenweg 1204 box A
9051 Gent
Active since 3 March 2016
Brusselsesteenweg 572
2800 Mechelen
Active since 10 February 2017
Bondgenotenlaan 88
3000 Leuven
Active since 2 January 2018
Rue de Fer 72
5000 Namur
Active since 1 August 2018
Grand'rue 143 box 30
6000 Charleroi
Active since 1 May 2018
Chaussée de Charleroi 579
1410 Waterloo
Active since 16 October 2018
Morettestraat 11
1740 Ternat
Active since 16 October 2018
Verlengde Stallestraat 215/0001 box a
1620 Drogenbos
Active since 16 October 2018
Nieuwstraat 88
1000 Brussel
Active since 30 January 2019
Schuttershofstraat 48 box A
2000 Antwerpen
Active since 1 June 2019
Gentse steenweg 442 A box 1
9300 Aalst
Active since 22 February 2020
Route de Philippeville 247
6010 Charleroi
Active since 15 February 2020
Tiensesteenweg 1B
3360 Bierbeek
Active since 11 June 2020
Rue de Tilff 91A box 2
4100 Seraing
Active since 27 July 2020
Industrieweg 1A
3190 Boortmeerbeek
Active since 1 October 2020
Gouden Kruispunt 73
3390 Tielt-Winge
Active since 17 August 2020
Chaussée de Marche(EP) 464
5101 Namur
Active since 1 December 2020
Rue de l'Industrie 8 box 2
1400 Nivelles
Active since 27 January 2021
Elsense Steenweg 43 A
1050 Elsene
Active since 1 December 2021
Rue des Vennes 1 box 103
4020 Liège
Active since 1 April 2022
Grand-Rue 22-24 box B
7000 Mons
Active since 1 August 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →Pharmacie by Medi-Market Group – Waterloo Bix same network
€ 77,722 gross margin · 2025
Parapharmacity same network
€ 20,926 gross margin · 2025
Medi-Market Mons Grand Pré same network
€ 9,529 gross margin · 2025
MEDI-MARKET Parapharmacies same network
€ 326.6 million revenue · 2025
Pharmacie by Medi-Market Group - Gosselies same network
€ 184,051 gross margin · 2025
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0548.663.375
- VAT number
- BE 0548.663.375
- Registered office
- Cicerolaan 7, 1140 Evere
- Names & denominations
- Pharmacies by Medi-Market Group · Pharmacie by MMG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 2014
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
Detailhandel in farmaceutische producten
Overige niet-gespecialiseerde detailhandel
Detailhandel in cosmetica en toiletartikelen
Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen
Detailhandel in medische en orthopedische artikelen in gespecialiseerde winkels
Detailhandel via postorderbedrijven of via internet