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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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AM-PHARMA from Menen, company number BE0829559341, closed financial year 2025 with a result of € -38,840 after tax. For that financial year AM-PHARMA recorded a gross margin of € -9,314 and equity of € 493,393. Compared with financial year 2024, the result moved from € 54,476 to € -38,840. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 493,393
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -38,840
▼ still € 54,476 profit in 2024
Profit after tax over the fiscal year.
€ 3,930
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 343,393.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 159,936
▼ 30% vs 2024
€ 19,895 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 2,009
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,244
▼ 26% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 101,756 | € 108,309 | € 106,052 | € -9,314 | ▼ € 115,366 |
| Profit after taxes | € 52,172 | € 56,219 | € 54,476 | € -38,840 | ▼ € 93,316 |
| Equity | € 424,922 | € 479,475 | € 532,233 | € 493,393 | ▼ 7% |
| Total debts | € 1,005,274 | € 941,719 | € 889,793 | € 926,769 | ▲ 4% |
| Cash | € 4,932 | € 3,563 | € 5,344 | € 3,930 | ▼ 26% |
| Retained profit | € 274,922 | € 329,475 | € 382,233 | € 343,393 | ▼ 10% |
| Dividend | € 1,600 | € 1,666 | € 1,718 | € 0 | ▼ 100% |
| Bank debt | € 367,103 | € 299,659 | € 229,622 | € 159,936 | ▼ 30% |
| Balance sheet total | € 1,430,196 | € 1,421,194 | € 1,422,026 | € 1,420,162 |
Key figures of AM-PHARMA, 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 AM-PHARMA?
What happened at AM-PHARMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 38,840 (▼ € 93,316 vs 2024). Source: NBB ↗
- New establishment in Menen. KBO
- Katrien Adriaen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 52,172 profit in 2022 to € 38,840 loss in 2025.
Paid € 42,360 in corporate taxes since 2022.
Best year ever: 2023, with € 56,219 profit.
Paid out € 4,984 in dividends to the owners in total.
Management
Behind AM-PHARMA is Katrien Adriaen. It owns 99% of Apotheek De Plaats BV itself.
Directors
According to the 2025 annual accounts
since 2010
Establishments
Establishment units
Physical locations of this company
Dronckaertstraat 618
8930 Menen
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
- 0829.559.341
- VAT number
- BE 0829.559.341
- Registered office
- Dronckaertstraat 618, 8930 Menen
- Names & denominations
- AM-PHARMA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 September 2010
- Peppol
- Active · Active since 25 Jan 2025
- Activities · NACE
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