Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MD Pharma from Gent, company number BE0667779672, closed financial year 2025 with a result of € 257,132 after tax. For that financial year MD Pharma recorded a gross margin of € 891,536 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 307,906 to € 257,132. 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 July 30, 2026.
€ 1.8 million
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 257,132
▼ 16% vs 2024
Profit after tax over the fiscal year.
€ 4,903
▼ 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 € 704,157.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,222
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 326,063
▲ € 279,829 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 | € 884,936 | € 884,620 | € 886,226 | € 891,536 | ▲ 1% |
| Profit after taxes | € 236,021 | € 305,119 | € 307,906 | € 257,132 | ▼ 16% |
| Equity | € 920,999 | € 1,226,119 | € 1,534,025 | € 1,791,157 | ▲ 17% |
| Total debts | € 1,199,957 | € 380,939 | € 391,882 | € 864,058 | ▲ 120% |
| Cash | € 56,065 | € 4,442 | € 14,745 | € 4,903 | ▼ 67% |
| Retained profit | € -166,001 | € 139,119 | € 447,025 | € 704,157 | ▲ 58% |
| Balance sheet total | € 2,120,957 | € 1,607,057 | € 1,925,907 | € 2,655,215 | ▲ 38% |
Key figures of MD Pharma, 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 MD Pharma?
What happened at MD Pharma in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Aquitania BV stepped down as director. NBB
- MD Consult BVBA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 257,132 (▼ 16% vs 2024). Source: NBB ↗
- Aquitania BV became a director. NBB
- MD Consult BVBA became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 236,021 profit in 2022 to € 257,132 profit in 2025.
Paid € 140,191 in corporate taxes since 2022.
Best year ever: 2024, with € 307,906 profit.
A new publication or filing at MD Pharma? We notify you, reason included.
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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 Ceres Pharma comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MD PharmaThe shares are held by Ceres Pharma (100%).
Directors
According to the 2025 annual accounts
Director · represented by Anja Imschoot
Also active at: Ceres Pharmaceuticals, VESALE PHARMACEUTICA, b+pharma Belgium, DGPharma, Labophar, 2PHARMA HOLDING, GLOBIFER INTL, CREDOPHAR +1 more
since 2026 · until 2032
Director · represented by Mario Debel
Also active at: Ceres Pharmaceuticals, VESALE PHARMACEUTICA, 2PHARMA HOLDING, Azur Medical, AUGMENTED ANATOMY, GLOBIFER INTL, CREDOPHAR, 2PHARMA
since 2026 · until 2032
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 1091 box B
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →Ceres Pharmaceuticals same network
€ 14.6 million revenue · 2025
What's Cooking Group
KOUTERLOS
€ 55,337 gross margin · 2024
b+pharma Belgium same network
€ 287,023 gross margin · 2025
DGPharma same network
€ 94,120 gross margin · 2024
+15 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
- 0667.779.672
- VAT number
- BE 0667.779.672
- Registered office
- Kortrijksesteenweg 1091 bus B, 9051 Gent
- Names & denominations
- MD Pharma
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2016
- Peppol
- Active · Active since 1 Aug 2025
- Activities · NACE
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