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 4 of the last 4 fiscal years.
Financials
Financial year 2025
FARMADA from Sint-Truiden, company number BE0757726683, closed financial year 2025 with a result of € 46,176 after tax. For that financial year FARMADA recorded a gross margin of € 136,781 and equity of € -77,613. Compared with financial year 2024, the result moved from € 24,193 to € 46,176. Profitable, and profit is growing. 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 June 22, 2026.
€ -77,613
▲ € 46,176 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 46,176
▲ 91% vs 2024
Profit after tax over the fiscal year.
€ 2,595
▲ € 2,575 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 € -127,613.
People and assets in 2025
€ 83,764
▼ 8% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 77,966
▼ 33% vs 2024
€ 16,166 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 7,276
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,767
▲ 59% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -33,176 | € 49,003 | € 129,128 | € 136,781 | ▲ 6% |
| Profit after taxes | € -74,244 | € -40,558 | € 24,193 | € 46,176 | ▲ 91% |
| Equity | € -107,424 | € -147,982 | € -123,789 | € -77,613 | ▲ € 46,176 |
| Total debts | € 145,014 | € 194,277 | € 189,962 | € 142,758 | ▼ 25% |
| Cash | € 6,943 | € 4,376 | € 20 | € 2,595 | ▲ € 2,575 |
| Retained profit | € -157,424 | € -197,982 | € -173,789 | € -127,613 | ▲ € 46,176 |
| Bank debt | € 120,000 | € 132,400 | € 116,550 | € 77,966 | ▼ 33% |
| Balance sheet total | € 37,590 | € 46,295 | € 66,173 | € 65,145 | ▼ 2% |
Key figures of FARMADA, 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 FARMADA?
What happened at FARMADA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 46,176 (▲ 91% vs 2024). Source: NBB ↗
- New establishment in Sint-Truiden. KBO
- Stef De Man Bv became a director. NBB
- KT-Management became a director. NBB
- Malein became a director. NBB
- CB Holding Bv became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 74,244 loss in 2022 to € 46,176 profit in 2025.
Best year ever: 2025, with € 46,176 profit.
Management
The stake of MALEIN, CB HOLDING, STEF DE MAN, LENA MALCORPS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FARMADABehind FARMADA are Stef De Man Bv, KT-Management, Malein and CB Holding Bv. The shares are held by MALEIN (100%), CB HOLDING (35%), STEF DE MAN (16.7%) and LENA MALCORPS (12.3%).
Directors
According to the 2025 annual accounts
since 2020
Director · represented by Kristof Thys
Also active at: NSR-HOLDING, INTERIOR PARTNERS, BRICKS & TOOLS
since 2020
since 2020
Director · represented by Charlie Baus
Also active at: NSR-HOLDING, INTERIOR PARTNERS, BRICKS & TOOLS, SANICOOP
since 2020
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nieuwpoort 20 box 1
3800 Sint-Truiden
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
DUOCAST-AS, NL
Website info
Features
Security
Details
- Company number
- 0757.726.683
- VAT number
- BE 0757.726.683
- Registered office
- Nieuwpoort 20 bus 1, 3800 Sint-Truiden
- Names & denominations
- FARMADA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 November 2020
- Peppol
- Active · Active since 3 Oct 2025
- Contact
- farmada.be [email protected]
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