Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2026; threshold 65 %.
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Busy address KBO
43 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
PHARMAVOX from Watermaal-Bosvoorde, company number BE0841606444, closed financial year 2026 with a result of € -475,741 after tax. For that financial year PHARMAVOX recorded a gross margin of € 380,545 and equity of € 6.4 million. Compared with financial year 2025, the result moved from € -323,574 to € -475,741. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2026.
€ 6.4 million
▼ 7% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -475,741
▼ 47 % more loss than in 2025
Profit after tax over the fiscal year.
€ 72,230
▼ 28% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.8 million.
People and assets in 2026
0
Average over the fiscal year, from the social balance sheet.
€ 1,591
▼ 53% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 2.7 million
▼ 7% vs 2025
€ 217,200 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 15,284
▲ € 12,246 vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 17
▼ 96% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 343,727 | € 429,765 | € 353,155 | € 380,545 | ▲ 8% |
| Profit after taxes | € -331,487 | € -220,359 | € -323,574 | € -475,741 | ▼ € 152,167 |
| Equity | € 7,424,645 | € 7,204,285 | € 6,880,711 | € 6,404,971 | ▼ 7% |
| Total debts | € 5,685,578 | € 5,529,805 | € 4,379,441 | € 4,136,316 | ▼ 6% |
| Cash | € 543,181 | € 510,510 | € 99,768 | € 72,230 | ▼ 28% |
| Land & buildings | € 11,274,113 | € 10,836,892 | € 10,402,115 | € 9,966,091 | ▼ 4% |
| Retained profit | € -1,785,355 | € -2,005,715 | € -2,329,289 | € -2,805,029 | ▼ € 475,741 |
| Bank debt | € 3,348,400 | € 3,131,200 | € 2,914,000 | € 2,696,812 | ▼ 7% |
| Balance sheet total | € 13,110,222 | € 12,734,090 | € 11,260,152 | € 10,541,286 | ▼ 6% |
Key figures of PHARMAVOX, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to PHARMAVOX?
What happened at PHARMAVOX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 475,741. Source: NBB ↗
- BILIVIT SRL became a director. NBB
- Camille BOURELY became a director. NBB
- Gabrielle BOURELY became a director. NBB
- Michel BOURELY became a director. NBB
- BELGABY SRL became a director. NBB
- New establishment in Watermaal-Bosvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 331,487 loss in 2023 to € 475,741 loss in 2026.
Management
Behind PHARMAVOX are BILIVIT SRL, Camille BOURELY, Gabrielle BOURELY, Michel BOURELY and BELGABY SRL. Gabrielle BOURELY is also behind BELGABY.
Directors
According to the 2026 annual accounts
Director · represented by BOURELY Camille
since 2019
Camille BOURELY
Director
since 2019
since 2019
Michel BOURELY
Director
since 2019
Director · represented by BOURELY Gabrielle
since 2019
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 178 box 5
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.
All companies at this address →Anc. Ets. F. Verdeyen
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+38 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
- 0841.606.444
- VAT number
- BE 0841.606.444
- Registered office
- Terhulpsesteenweg 178 bus 5, 1170 Watermaal-Bosvoorde
- Names & denominations
- PHARMAVOX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 2011
- Peppol
- Active · Active since 17 Jul 2025
- Activities · NACE
Overige zakelijke dienstverlening, neg
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Holdings