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 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GLOPHARMA from Zwevegem, company number BE0819017223, closed financial year 2025 with a result of € 222,275 after tax. For that financial year GLOPHARMA recorded a gross margin of € 404,723 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 204,464 to € 222,275. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 2.1 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 222,275
▲ 9% vs 2024
Profit after tax over the fiscal year.
€ 220,770
▼ 8% 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 € 2.1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 16,144
▲ 194% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1 million
▼ 15% vs 2024
€ 179,176 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 6,883
▲ € 6,127 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,853
▼ 16% 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 | € 393,782 | € 396,100 | € 363,627 | € 404,723 | ▲ 11% |
| Profit after taxes | € 225,552 | € 229,844 | € 204,464 | € 222,275 | ▲ 9% |
| Equity | € 1,459,989 | € 1,689,833 | € 1,894,297 | € 2,116,572 | ▲ 12% |
| Total debts | € 2,085,074 | € 1,879,146 | € 1,700,093 | € 1,487,042 | ▼ 13% |
| Cash | € 242,280 | € 149,135 | € 239,467 | € 220,770 | ▼ 8% |
| Land & buildings | € 322,464 | € 332,974 | € 336,356 | € 350,020 | ▲ 4% |
| Retained profit | € 1,439,989 | € 1,669,833 | € 1,874,297 | € 2,096,572 | ▲ 12% |
| Bank debt | € 1,773,827 | € 1,583,292 | € 1,209,547 | € 1,030,587 | ▼ 15% |
| Balance sheet total | € 3,545,064 | € 3,568,979 | € 3,594,390 | € 3,603,614 |
Key figures of GLOPHARMA, 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 GLOPHARMA?
What happened at GLOPHARMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 222,275 (▲ 9% vs 2024). Source: NBB ↗
- New establishment in Zwevegem. KBO
- Christine Van Laer became a director. NBB
- New establishment in Zwevegem. KBO
- Ruben Glorieux became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 225,552 profit in 2022 to € 222,275 profit in 2025.
Paid € 396,911 in corporate taxes since 2022.
Best year ever: 2023, with € 229,844 profit.
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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 GLOPHARMA are Christine Van Laer and Ruben Glorieux. It owns 100% of Apotheek Glorieux itself.
Directors
According to the 2025 annual accounts
Christine Van Laer
Director
since 2014
Ruben Glorieux
Managing director
since 2009
Establishments
Establishment units
Physical locations of this company
Otegemstraat(Z) 42
8550 Zwevegem
Keiberg(H) 66
8551 Zwevegem
Active since 1 July 2024
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.
Details
- Company number
- 0819.017.223
- VAT number
- BE 0819.017.223
- Registered office
- Otegemstraat(Z) 42, 8550 Zwevegem
- Names & denominations
- GLOPHARMA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2009
- Peppol
- Active · Active since 20 Jun 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van medische beeldvorming en medische laboratoria
Activiteiten van medische laboratoria