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 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PHARM@21 from Aalst, company number BE0876529018, closed financial year 2025 with a result of € 51,752 after tax. For that financial year PHARM@21 recorded a gross margin of € 222,925 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 88,503 to € 51,752. 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 November 27, 2025.
€ 1.1 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 51,752
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 10,964
▼ 95% 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 € 1.1 million.
People and assets in 2025
€ 1,283
▼ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▲ 13% vs 2024
€ 142,678 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 430,797
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,986
▼ 15% 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 | € 193,037 | € 152,603 | € 187,225 | € 222,925 | ▲ 19% |
| Profit after taxes | € 91,826 | € 72,896 | € 88,503 | € 51,752 | ▼ 42% |
| Equity | € 931,577 | € 998,273 | € 1,086,776 | € 1,144,728 | ▲ 5% |
| Total debts | € 1,067,119 | € 1,683,924 | € 2,011,709 | € 2,062,175 | ▲ 3% |
| Cash | € 9,303 | € 134,451 | € 230,942 | € 10,964 | ▼ 95% |
| Land & buildings | € 876,918 | € 1,426,228 | € 1,596,835 | € 2,078,997 | ▲ 30% |
| Retained profit | € 925,377 | € 998,273 | € 1,086,776 | € 1,138,528 | ▲ 5% |
| Bank debt | € 764,902 | € 1,300,272 | € 1,339,945 | € 1,511,772 | ▲ 13% |
| Balance sheet total | € 1,998,696 | € 2,682,197 | € 3,098,485 | € 3,206,903 | ▲ 3% |
Key figures of PHARM@21, 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 PHARM@21?
What happened at PHARM@21 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 51,752 (▼ 42% vs 2024). filed late Source: NBB ↗
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 91,826 profit in 2022 to € 51,752 profit in 2025.
Paid € 112,628 in corporate taxes since 2022.
Best year ever: 2022, with € 91,826 profit.
Management
Behind PHARM@21 are TINA VLAEMINCK and JORIS VAN BREMPT. It owns 100% of APOTEEK KELLES itself.
Establishments
Establishment units
Physical locations of this company
Populierestraat 80
9310 Aalst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0876.529.018
- VAT number
- BE 0876.529.018
- Registered office
- Populierestraat 80, 9310 Aalst
- Names & denominations
- PHARM@21
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2005
- Peppol
- Active · Active since 30 Aug 2023
- Activities · NACE
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