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 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BPHARMA from Gerpinnes, company number BE0843945431, closed financial year 2025 with a result of € 101,700 after tax. For that financial year BPHARMA recorded a gross margin of € 35,795 and equity of € 536,490. Compared with financial year 2024, the result moved from € 67,790 to € 101,700. 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 July 10, 2026.
€ 536,490
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 101,700
▲ 50% vs 2024
Profit after tax over the fiscal year.
€ 13,565
▼ 26% 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 € 530,290.
People and assets in 2025
€ 5,590
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 691,714
▼ 12% vs 2024
€ 102,034 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 10,958
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,411
▼ 72% 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 | € 43,891 | € 41,353 | € 30,846 | € 35,795 | ▲ 16% |
| Profit after taxes | € 51,187 | € 87,166 | € 67,790 | € 101,700 | ▲ 50% |
| Equity | € 289,834 | € 377,000 | € 434,790 | € 536,490 | ▲ 23% |
| Total debts | € 929,476 | € 870,516 | € 816,968 | € 705,707 | ▼ 14% |
| Cash | € 10,539 | € 13,654 | € 18,347 | € 13,565 | ▼ 26% |
| Retained profit | € 283,634 | € 370,800 | € 428,590 | € 530,290 | ▲ 24% |
| Dividend | € 0 | € 0 | € 10,000 | € 0 | ▼ 100% |
| Bank debt | € 906,354 | € 850,928 | € 788,297 | € 691,714 | ▼ 12% |
| Balance sheet total | € 1,219,310 | € 1,247,516 | € 1,251,758 | € 1,242,197 | ▼ 1% |
Key figures of BPHARMA, 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 BPHARMA?
What happened at BPHARMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 101,700 (▲ 50% vs 2024). Source: NBB ↗
- New establishment in Charleroi. KBO
- Start of the company according to the CBE. KBO
In short
From € 51,187 profit in 2022 to € 101,700 profit in 2025.
Paid € 34,081 in corporate taxes since 2022.
Best year ever: 2025, with € 101,700 profit.
Paid out € 10,000 in dividends to the owners in total.
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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 BPHARMA is BENOIT MICHELET. It owns 100% of Pharmacie Blanche itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue de Fromiée(GER) 128
6280 Gerpinnes
Rue Sart-les-Moulins 52 box B
6044 Charleroi
Active since 1 March 2012
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0843.945.431
- VAT number
- BE 0843.945.431
- Registered office
- Rue de Fromiée(GER) 128, 6280 Gerpinnes
- Names & denominations
- BPHARMA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2012
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Detailhandel in farmaceutische producten
Vervaardiging van gehomogeniseerde voedingspreparaten en dieetvoeding
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
Groothandel in farmaceutische en medische artikelen
Handel in eigen onroerend goed
Vervaardiging van farmaceutische grondstoffen