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 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PHARMA WORLD from Nieuwpoort, company number BE0871420581, closed financial year 2025 with a result of € 44,857 after tax. For that financial year PHARMA WORLD recorded a gross margin of € 198,198 and equity of € 516,509. Compared with financial year 2024, the result moved from € 69,995 to € 44,857. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 29, 2025.
€ 516,509
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,857
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 47,143
▲ 52% 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 € 497,909.
People and assets in 2025
€ 38,623
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 685,546
▼ 16% vs 2024
€ 140,116 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 5,620
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,649
▼ 25% 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 | € 54,964 | € 242,768 | € 166,252 | € 198,198 | ▲ 19% |
| Profit after taxes | € 14,720 | € 140,167 | € 69,995 | € 44,857 | ▼ 36% |
| Equity | € 994,982 | € 1,096,607 | € 471,652 | € 516,509 | ▲ 10% |
| Total debts | € 307,737 | € 394,557 | € 1,274,976 | € 1,359,365 | ▲ 7% |
| Cash | € 191,395 | € 279,620 | € 31,082 | € 47,143 | ▲ 52% |
| Land & buildings | € 246,671 | € 228,577 | € 625,890 | € 865,075 | ▲ 38% |
| Retained profit | € 399,482 | € 501,107 | € 453,052 | € 497,909 | ▲ 10% |
| Dividend | € 0 | € 38,542 | € 118,050 | € 0 | ▼ 100% |
| Bank debt | € 196,601 | € 241,944 | € 819,922 | € 685,546 | ▼ 16% |
| Balance sheet total | € 1,302,719 | € 1,491,164 | € 1,746,627 | € 1,875,873 | ▲ 7% |
Key figures of PHARMA WORLD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to PHARMA WORLD?
What happened at PHARMA WORLD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 44,857 (▼ 36% vs 2024). Source: NBB ↗
- Nele Decloedt became a director. NBB
- New establishment in Hooglede. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,720 profit in 2022 to € 44,857 profit in 2025.
Paid € 114,168 in corporate taxes since 2022.
Best year ever: 2023, with € 140,167 profit.
Paid out € 156,592 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 PHARMA WORLD is Nele Decloedt. It owns 99.3% of NDC Pharma itself.
Directors
According to the 2025 annual accounts
Nele Decloedt
Director
since 2005
Establishments
Establishment units
Physical locations of this company
Artanlaan 20A
8620 Nieuwpoort
Bruggestraat 2
8830 Hooglede
Active since 25 January 2005
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0871.420.581
- VAT number
- BE 0871.420.581
- Registered office
- Artanlaan 20A, 8620 Nieuwpoort
- Names & denominations
- PHARMA WORLD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 January 2005
- Peppol
- Active · Active since 17 Mar 2025
- Activities · NACE
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