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 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
A-Z pharma from Anderlecht, company number BE0689800949, closed financial year 2025 with a result of € 81,307 after tax. For that financial year A-Z pharma recorded a gross margin of € 125,640 and equity of € 226,542. Compared with financial year 2024, the result moved from € 78,901 to € 81,307. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 5, 2026.
€ 226,542
▲ 56% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 81,307
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 313
▼ 43% 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 € 207,942.
Debts at end 2025
€ 498,005
▼ 13% vs 2024
€ 74,292 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 60,449
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,187
▲ 28% 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 | € 46,169 | € 38,333 | € 115,483 | € 125,640 | ▲ 9% |
| Profit after taxes | € 235,016 | € 19,898 | € 78,901 | € 81,307 | ▲ 3% |
| Equity | € 431,437 | € 216,335 | € 145,236 | € 226,542 | ▲ 56% |
| Total debts | € 755,594 | € 1,126,950 | € 1,112,210 | € 1,048,058 | ▼ 6% |
| Cash | € 2,275 | € 10,311 | € 546 | € 313 | ▼ 43% |
| Retained profit | € 412,837 | € 197,735 | € 126,636 | € 207,942 | ▲ 64% |
| Dividend | € 0 | € 235,000 | € 150,000 | € 0 | ▼ 100% |
| Bank debt | € 651,619 | € 594,482 | € 570,655 | € 498,005 | ▼ 13% |
| Balance sheet total | € 1,187,031 | € 1,343,285 | € 1,257,445 | € 1,274,600 | ▲ 1% |
Key figures of A-Z 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 A-Z pharma?
What happened at A-Z pharma in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 81,307 (▲ 3% vs 2024). filed late Source: NBB ↗
- New establishment in Anderlecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 235,016 profit in 2022 to € 81,307 profit in 2025.
Paid € 60,864 in corporate taxes since 2022.
Best year ever: 2022, with € 235,016 profit.
Paid out € 385,000 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 A-Z pharma is Tete Kwassigan. It owns 100% of AGALEC itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Aristide Briandlaan 5
1070 Anderlecht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0689.800.949
- VAT number
- BE 0689.800.949
- Registered office
- Aristide Briandlaan 5, 1070 Anderlecht
- Names & denominations
- A-Z pharma
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 2018
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
Activiteiten van holdings
Holdings