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 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Fré Pharma from Oud-Heverlee, company number BE0849038129, closed financial year 2025 with a result of € 40,263 after tax. For that financial year Fré Pharma recorded a gross margin of € 78,271 and equity of € 546,583. Compared with financial year 2024, the result moved from € 38,114 to € 40,263. 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 September 29, 2025.
€ 546,583
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,263
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 14,608
▲ 49% 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 € 496,583.
People and assets in 2025
€ 2,622
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 318,243
▼ 24% vs 2024
€ 103,251 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 10,958
▲ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,171
▲ 200% 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 | € 182,906 | € 69,159 | € 68,455 | € 78,271 | ▲ 14% |
| Profit after taxes | € 121,812 | € 37,833 | € 38,114 | € 40,263 | ▲ 6% |
| Equity | € 430,373 | € 468,205 | € 506,320 | € 546,583 | ▲ 8% |
| Total debts | € 1,556,007 | € 1,182,433 | € 739,133 | € 714,144 | ▼ 3% |
| Cash | € 4 | € 20,692 | € 9,828 | € 14,608 | ▲ 49% |
| Land & buildings | € 408,110 | € 408,110 | € 4,726 | € 4,726 | |
| Retained profit | € 380,373 | € 418,205 | € 456,320 | € 496,583 | ▲ 9% |
| Bank debt | € 1,028,612 | € 626,433 | € 418,112 | € 318,243 | ▼ 24% |
| Balance sheet total | € 1,986,379 | € 1,650,639 | € 1,245,453 | € 1,260,727 | ▲ 1% |
Key figures of Fré Pharma, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to Fré Pharma?
What happened at Fré Pharma in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 40,263 (▲ 6% vs 2024). Source: NBB ↗
- New establishment in Oud-Heverlee. KBO
- Fréderic Hertens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 121,812 profit in 2022 to € 40,263 profit in 2025.
Paid € 83,665 in corporate taxes since 2022.
Best year ever: 2022, with € 121,812 profit.
Management
Behind Fré Pharma is Fréderic Hertens. It owns 100% of Apotheek Meerdaal itself.
Directors
According to the 2025 annual accounts
Fréderic Hertens
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Bierbeekstraat 2B box 1
3052 Oud-Heverlee
Bierbeekstraat 1
3052 Oud-Heverlee
Active since 1 September 2017
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
- 0849.038.129
- VAT number
- BE 0849.038.129
- Registered office
- Bierbeekstraat 2B bus 1, 3052 Oud-Heverlee
- Names & denominations
- Fré Pharma
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 September 2012
- Peppol
- Active · Active since 1 Jan 2001
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