Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 1.6 to 1.2.
Financials
Financial year 2025
SDSPHAR from Sint-Joost-ten-Node, company number BE0721936158, closed financial year 2025 with a result of € 203,366 after tax. For that financial year SDSPHAR recorded a gross margin of € 402,964 and equity of € 21,745. Compared with financial year 2024, the result moved from € 130,076 to € 203,366. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 28, 2026.
€ 21,745
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 203,366
▲ 56% vs 2024
Profit after tax over the fiscal year.
€ 174,359
▲ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 210,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1.2
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 63,843
▲ 20% vs 2024
€ 53,200 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.
€ 1,127
▼ 53% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 271,625
▲ 3% vs 2024
€ 54,178 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 135,923
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,700
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 365,648 | € 292,415 | € 270,543 | € 402,964 | ▲ 49% |
| Profit after taxes | € 197,966 | € 144,187 | € 130,076 | € 203,366 | ▲ 56% |
| Equity | € 34,116 | € 28,303 | € 28,378 | € 21,745 | ▼ 23% |
| Total debts | € 593,669 | € 588,002 | € 697,862 | € 718,878 | ▲ 3% |
| Cash | € 260,279 | € 273,937 | € 99,282 | € 174,359 | ▲ 76% |
| Retained profit | € 15,516 | € 9,703 | € 9,778 | € 3,145 | ▼ 68% |
| Dividend | € 220,000 | € 150,000 | € 130,000 | € 210,000 | ▲ 62% |
| Bank debt | € 182,254 | € 156,067 | € 264,229 | € 271,625 | ▲ 3% |
| Balance sheet total | € 627,785 | € 616,305 | € 726,240 | € 740,622 | ▲ 2% |
| Employees (FTE) | 1.2 | 1.6 | 1.3 | 1.2 | ▼ 0.1 |
Key figures of SDSPHAR, 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 SDSPHAR?
What happened at SDSPHAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 203,366 (▲ 56% vs 2024). Source: NBB ↗
- New establishment in Sint-Joost-ten-Node. KBO
- Start of the company according to the CBE. KBO
In short
From € 197,966 profit in 2022 to € 203,366 profit in 2025.
Paid € 244,496 in corporate taxes since 2022.
Best year ever: 2025, with € 203,366 profit.
On average € 335,800 of value added per employee in 2025.
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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 SDSPHAR are Semra Düger and Sabriye Düger.
Directors
According to the 2025 annual accounts
Semra Düger
Director
Sabriye Düger
Director
Establishments
Establishment units
Physical locations of this company
Haachtse Steenweg 61
1210 Sint-Joost-ten-Node
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
- 0721.936.158
- VAT number
- BE 0721.936.158
- Registered office
- Haachtse Steenweg 61, 1210 Sint-Joost-ten-Node
- Names & denominations
- SDSPHAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 2019
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Detailhandel in farmaceutische producten