Financials
Financial year 2025
PHARMAKES from Ieper, company number BE0845691926, closed financial year 2025 with a result of € 32,749 after tax. For that financial year PHARMAKES recorded a gross margin of € 95,565 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 110,072 to € 32,749. The company is profitable. 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 October 31, 2025.
€ 1.2 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,749
▼ 70% vs 2024
Profit after tax over the fiscal year.
€ 15,160
▼ 94% 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 € 1.2 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 43,895
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 544,490
▼ 11% vs 2024
€ 71,430 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1,341
▲ 143% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,806
▼ 63% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 359,174 | € 477,209 | € 220,256 | € 95,565 | ▼ 57% |
| Profit after taxes | € 203,080 | € 283,001 | € 110,072 | € 32,749 | ▼ 70% |
| Equity | € 764,431 | € 1,047,432 | € 1,156,670 | € 1,189,419 | ▲ 3% |
| Total debts | € 821,099 | € 1,196,690 | € 882,091 | € 553,904 | ▼ 37% |
| Cash | € 277,696 | € 486,813 | € 239,171 | € 15,160 | ▼ 94% |
| Retained profit | € 745,831 | € 1,028,832 | € 1,138,070 | € 1,170,819 | ▲ 3% |
| Dividend | € 0 | € 0 | € 834 | € 0 | ▼ 100% |
| Bank debt | € 771,660 | € 716,071 | € 612,604 | € 544,490 | ▼ 11% |
| Balance sheet total | € 1,585,530 | € 2,244,122 | € 2,038,761 | € 1,743,323 | ▼ 14% |
Key figures of PHARMAKES, 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 October 2026.
What happened to PHARMAKES?
What happened at PHARMAKES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,749 (▼ 70% vs 2024). Source: NBB ↗
- New establishment in Ieper. KBO
- Roel Kestelyn became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 203,080 profit in 2022 to € 32,749 profit in 2025.
Paid € 337,447 in corporate taxes since 2022.
Best year ever: 2023, with € 283,001 profit.
Paid out € 834 in dividends to the owners in total.
Management
Behind PHARMAKES is Roel Kestelyn. It owns 99.9% of Apotheek Kestelyn itself.
Directors
According to the 2025 annual accounts
since 2012
Establishments
Establishment units
Physical locations of this company
Izegrimstraat 4
8900 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0845.691.926
- VAT number
- BE 0845.691.926
- Registered office
- Izegrimstraat 4, 8900 Ieper
- Names & denominations
- PHARMAKES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 May 2012
- Peppol
- Active · Active since 19 Mar 2025
- Activities · NACE
Detailhandel in farmaceutische producten
Overige zakelijke dienstverlening, neg