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 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DSTM HOLDING from Léglise, company number BE0649426480, closed financial year 2025 with a result of € 56,563 after tax. For that financial year DSTM HOLDING recorded a gross margin of € 62,179 and equity of € 305,888. Compared with financial year 2024, the result moved from € 11,207 to € 56,563. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 305,888
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 56,563
▲ € 45,356 vs 2024
Profit after tax over the fiscal year.
€ 12,832
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,666 paid out
3 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 1.7 million
▲ 19% vs 2024
€ 104,940 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 15,101
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,656
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 88,518 | € 73,509 | € -3,625 | € 62,179 | ▲ € 65,804 |
| Profit after taxes | € 66,271 | € 90,621 | € 11,207 | € 56,563 | ▲ € 45,356 |
| Equity | € 181,495 | € 270,450 | € 250,991 | € 305,888 | ▲ 22% |
| Total debts | € 1,130,217 | € 1,629,005 | € 1,526,881 | € 1,834,797 | ▲ 20% |
| Cash | € 58,692 | € 68,557 | € 21,881 | € 12,832 | ▼ 41% |
| Land & buildings | € 741,449 | € 879,304 | € 848,934 | € 818,564 | ▼ 4% |
| Retained profit | € 151,495 | € 240,450 | € 220,991 | € 275,888 | ▲ 25% |
| Dividend | € 50,000 | € 1,666 | € 30,666 | € 1,666 | ▼ 95% |
| Bank debt | € 992,114 | € 1,372,935 | € 1,389,836 | € 1,651,887 | ▲ 19% |
| Balance sheet total | € 1,311,712 | € 1,899,455 | € 1,777,871 | € 2,140,685 | ▲ 20% |
Key figures of DSTM HOLDING, 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 DSTM HOLDING?
What happened at DSTM HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 56,563 (▲ € 45,356 vs 2024). Source: NBB ↗
- New establishment in Léglise. KBO
- Start of the company according to the CBE. KBO
In short
From € 66,271 profit in 2022 to € 56,563 profit in 2025.
Paid € 4,245 in corporate taxes since 2022.
Best year ever: 2023, with € 90,621 profit.
Paid out € 83,998 in dividends to the owners in total.
Management
Behind DSTM HOLDING are Gérald DETHIER and Johanne SIVA. It owns 100% of PHARMATHUS, 100% of Healthpharma and 50% of M.T. Pharma itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Chemin de Flory Champ 9
6860 Léglise
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0649.426.480
- VAT number
- BE 0649.426.480
- Registered office
- Chemin de Flory Champ 9, 6860 Léglise
- Names & denominations
- DSTM HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 2016
- Peppol
- Active · Active since 3 Feb 2026
- Activities · NACE
Detailhandel in farmaceutische producten