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 47 % of short-term debt in 2024; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 4 to 2.6.
Financials
Financial year 2024
BELPHARMED from Aalter, company number BE0745944747, closed financial year 2024 with a result of € 468 after tax. For that financial year BELPHARMED recorded a gross margin of € 277,707 and equity of € 14,865. Compared with financial year 2023, the result moved from € 25,626 to € 468. The company is profitable. 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 September 29, 2025.
€ 14,865
▲ 3% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 468
▼ 98% vs 2023
Profit after tax over the fiscal year.
€ 8,944
▼ 67% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 9,865.
People and assets in 2024
2.6
▼ 0.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 171,789
▼ 2% vs 2023
€ 66,100 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.
€ 26,282
▼ 28% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 470,229
▼ 3% vs 2023
€ 21,128 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 181,590
▼ 10% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 71,707
▲ € 56,865 vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 363,199 | € 309,366 | € 253,918 | € 277,707 | ▲ 9% |
| Profit after taxes | € 2,546 | € 21,224 | € 25,626 | € 468 | ▼ 98% |
| Equity | € 7,546 | € 13,771 | € 14,397 | € 14,865 | ▲ 3% |
| Total debts | € 446,038 | € 593,803 | € 928,320 | € 903,176 | ▼ 3% |
| Cash | € 8,292 | € 15,774 | € 27,162 | € 8,944 | ▼ 67% |
| Land & buildings | - | - | € 21,298 | € 18,933 | ▼ 11% |
| Retained profit | € 2,546 | € 8,771 | € 9,397 | € 9,865 | ▲ 5% |
| Dividend | € 0 | € 15,000 | € 25,000 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 340,000 | € 487,003 | € 470,229 | ▼ 3% |
| Balance sheet total | € 453,584 | € 607,574 | € 942,717 | € 918,041 | ▼ 3% |
| Employees (FTE) | 3.7 | 4 | 3.1 | 2.6 | ▼ 0.5 |
Key figures of BELPHARMED, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to BELPHARMED?
What happened at BELPHARMED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 468 (▼ 98% vs 2023). filed late Source: NBB ↗
- New establishment in Aalter. KBO
- New establishment in Aalter. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,546 profit in 2021 to € 468 profit in 2024.
Paid € 7,651 in corporate taxes since 2021.
Best year ever: 2023, with € 25,626 profit.
On average € 106,800 of value added per employee in 2024.
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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
Establishments
Establishment units
Physical locations of this company
Sint-Gerolflaan 7 box B
9880 Aalter
Ambachtenlaan 3-5
9880 Aalter
Active since 13 April 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →DE BIERWEG
€ 295,888 gross margin · 2025
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€ 21,146 gross margin · 2025
AVIMEDIS
€ 119,376 gross margin · 2024
JVB
€ 71,723 gross margin · 2025
GROUP LATAIRE
€ 12,712 gross margin · 2025
+1 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
- 0745.944.747
- VAT number
- BE 0745.944.747
- Registered office
- Sint-Gerolflaan 7 bus B, 9880 Aalter
- Names & denominations
- BELPHARMED
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 April 2020
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Groothandel in voedsel voor huisdieren
Groothandel in veevoeders
Overige detailhandel in voedingsmiddelen, neg
Overige zakelijke dienstverlening, neg
Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.