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 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BESINS HEALTHCARE PHARMTECH from Seraing, company number BE0736939187, closed financial year 2025 with a result of € -6.3 million after tax. For that financial year BESINS HEALTHCARE PHARMTECH recorded revenue of € 7.6 million and equity of € -9.5 million. Compared with financial year 2024, the result moved from € -5.3 million to € -6.3 million. The company made a loss. 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 15, 2026.
€ -9.5 million
▼ € 6.7 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6.3 million
▼ 18 % more loss than in 2024
Profit after tax over the fiscal year.
€ 121,901
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -14.4 million.
People and assets in 2025
41.1
▲ 7.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.1 million
▲ 25% vs 2024
€ 99,700 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.
€ 14.2 million
▼ 10% vs 2024
Of which on lease € 13.9 million.
Debts at end 2025
€ 21.6 million
▼ 2% vs 2024
€ 5 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.4 million
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 410,762
▲ 14% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 6,041,044 | € 7,572,112 | ▲ 25% |
| Gross margin | € 3,066,304 | € 2,545,931 | € 725,320 | € 1,235,449 | ▲ 70% |
| Profit after taxes | € -784,973 | € -2,816,767 | € -5,322,074 | € -6,302,304 | ▼ € 980,230 |
| Equity | € 6,046,581 | € 2,668,980 | € -2,806,174 | € -9,493,314 | ▼ € 6.7 million |
| Total debts | € 33,584,323 | € 27,603,401 | € 29,936,106 | € 33,164,603 | ▲ 11% |
| Cash | € 568,468 | € 790,969 | - | € 121,901 | |
| Land & buildings | - | - | - | € 66,050 | |
| Retained profit | € -1,838,099 | € -2,816,767 | € -8,138,841 | € -14,441,146 | ▼ € 6.3 million |
| Bank debt | € 30,491,486 | € 19,417,017 | € 22,013,749 | € 21,617,911 | ▼ 2% |
| Balance sheet total | € 39,630,904 | € 30,272,381 | € 27,129,932 | € 23,671,289 | ▼ 13% |
| Employees (FTE) | 27.4 | 26.4 | 33.5 | 41.1 | ▲ 7.6 |
Key figures of BESINS HEALTHCARE PHARMTECH, 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 BESINS HEALTHCARE PHARMTECH?
What happened at BESINS HEALTHCARE PHARMTECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean Marie Rakic stepped down as director. NBB
- Rudi Meurs stepped down as director. NBB
- Noshaq stepped down as director. NBB
- Robert Taub stepped down as director. NBB
- Marc Foidart stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 6.3 million. Source: NBB ↗
- Corpar stepped down as director. NBB
- Sparaxis stepped down as director. NBB
In short
From € 784,973 loss in 2022 to € 6.3 million loss in 2025.
Paid € 35,321 in corporate taxes since 2022.
On average € 30,100 of value added per employee in 2025.
Management
The stake of Fund+, QBIC II FUND ARKIV, Ophtalmologie Chirurgicale Van Cauwenberge Rakic, OUSIA, WTW AG comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BESINS HEALTHCARE PHARMTECHThe shares are held by Fund+ (15.3%), QBIC II FUND ARKIV (4.1%), Ophtalmologie Chirurgicale Van Cauwenberge Rakic (3.3%), OUSIA (0.2%) and WTW AG (0%). It owns 41% of LSP2 itself.
Directors
According to the 2025 annual accounts
since 2025 · until 2029
Director · represented by Baudouin Jolly
Also active at: Compagnie Het Zoute, EYED PHARMA, ONE WORLD AVENUE
since 2021 · until 2026
since 2025 · until 2029
Director · represented by Caroline Thielen
Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, Fonderies J. Marichal Ketin et Cie, JUNGLING, MEBF +224 more
since 2021 · until 2026
Director · represented by Eric Brandt
Also active at: FRANKI, Iso - Calor, DARDENNE, DAO, Bureau d'Etudes Pierre Berger, SOGECOM, NOSHAQ IMMO, GABRIEL +59 more
since 2025 · until 2029
since 2024 · until 2029
since 2025 · until 2029
Shareholders
15.3%
4.1%
0.2%
0%
Participations
41%
Establishments
Establishment units
Physical locations of this company
Rue Louis Plescia 9
4102 Seraing
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
- 0736.939.187
- VAT number
- BE 0736.939.187
- Registered office
- Rue Louis Plescia 9, 4102 Seraing
- Names & denominations
- BESINS HEALTHCARE PHARMTECH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 2019
- Peppol
- Active · Active since 15 Sept 2025
- Contact
- [email protected]
- Activities · NACE
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