ACTIVE

PHARMACIES POPULAIRES DE VERVIERS ET ARRONDISSEMENT

Financial year 2025 · closed on 31/12/2025
Net result
3,8 M €
-26.8% YoY
Revenue
109,5 M €
+6.4% YoY
Equity
24 M €
+18.6% YoY
Workforce
340,1 ETP
+2.8% YoY

What does PHARMACIES POPULAIRES DE VERVIERS ET ARRONDISSEMENT do?

PHARMACIES POPULAIRES DE VERVIERS ET ARRONDISSEMENT is a Cooperative society incorporated in 1913. Its registered office is in Thimister-Clermont. It employs on average 340,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0402.307.894
Incorporation
26/06/1913
Legal form
Cooperative society
Registered office
Rue de l'Avenir 12
4890 Thimister-Clermont · WallonieSee on map
Contributed capital
1 620 058,72 €
Latest accounts
31/12/2025
Average workforce
340,1 ETP
Joint committees (1)
  • 313
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue109,5 M €102,9 M €85,8 M €81,1 M €72,5 M €67,9 M €63,7 M €61,7 M €60 M €61,5 M €59,5 M €57,4 M €57,7 M €57,6 M €55,6 M €53,4 M €52,7 M €51,1 M €48 M €44,7 M €
EBITDA4,4 M €5,1 M €3,9 M €3,6 M €2,9 M €2,9 M €2,8 M €2,4 M €2,4 M €2,5 M €2,3 M €2 M €2,6 M €1,9 M €2,2 M €2,1 M €2,4 M €2,6 M €2,8 M €2,2 M €
Operating result2,7 M €3 M €2,2 M €1,5 M €1,2 M €963,8 k €1,1 M €765,5 k €948 k €1,2 M €920,6 k €626,7 k €1,2 M €730,9 k €1,1 M €1,2 M €1,5 M €1,8 M €2 M €1,6 M €
Net result3,8 M €5,2 M €1,1 M €654,4 k €5,6 M €388,5 k €415,9 k €155 k €450,1 k €360,4 k €85,7 k €139,5 k €357,6 k €80,6 k €329 k €89,2 k €412,8 k €641,5 k €702,1 k €358,4 k €
Balance sheet
Equity24 M €20,2 M €13,7 M €12,7 M €12 M €6,4 M €6 M €5,6 M €5,5 M €5,1 M €4,7 M €4,6 M €4,5 M €4,1 M €4,1 M €3,8 M €3,7 M €3,3 M €2,7 M €2,1 M €
Total assets73,8 M €63,1 M €52,1 M €51,4 M €50,1 M €40,9 M €36,6 M €36,5 M €34,1 M €33,4 M €33 M €31,5 M €29,4 M €29,7 M €29,8 M €28,4 M €28,1 M €25,5 M €23,4 M €22,7 M €
Cash512,7 k €533,2 k €538,1 k €474,3 k €401,7 k €307,6 k €353,7 k €344,8 k €534,6 k €347 k €312,4 k €300,2 k €302 k €362,1 k €353,8 k €287 k €264 k €269,7 k €289,5 k €403,6 k €
Debts48,7 M €41,5 M €37,4 M €37,9 M €37,3 M €33,5 M €29,7 M €30,2 M €27,9 M €27,8 M €27,6 M €26,2 M €24,2 M €24,9 M €25 M €23,9 M €23,8 M €21,5 M €20,1 M €20,1 M €
Other
Workforce340,1 ETP330,7 ETP334,9 ETP315,4 ETP293,0 ETP283,4 ETP278,0 ETP274,7 ETP271,5 ETP264,2 ETP264,4 ETP251,8 ETP242,2 ETP241,4 ETP237,4 ETP231,1 ETP229,5 ETP242,2 ETP240,0 ETP237,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 40 ended

Active mandates

MADELEINE GROSCH-HENNES

Director · since 12 mai 2025

Active
MONIQUE SCHMITZ

Director · since 12 mai 2025

Active
PHILIPPE GEORIS

Director · since 12 mai 2025

Active
PIERRE DETHIER

Director · since 12 mai 2025

Active
OLIVIER BUSTIN

Director · since 13 mai 2024

Active
BERNARD LEMARCHAND

Director · since 25 avril 2022 · until 24 avril 2028

Active
CATHERINE DAUBY

Director · since 25 avril 2022 · until 24 avril 2028

Active
MARC BREYER

Director · since 25 avril 2022 · until 24 avril 2028

Active

Ended mandates

MADELEINE GROSCH-HENNES

Director · since 25 avril 2022 · until 28 avril 2025

Ended
MADELEINE GROSCH-HENNES

Director · since 25 avril 2022 · until 12 mai 2025

Ended
MONIQUE SCHMITZ

Director · since 25 avril 2022 · until 28 avril 2025

Ended
MONIQUE SCHMITZ

Director · since 25 avril 2022 · until 12 mai 2025

Ended
At this address

Other companies at this address

CompanyCBE no.
GENERATION 2000Active
0432.862.104
0402.353.129
0859.769.297
0420.259.329
PHARMAEXPRESSActive
0743.800.651
PHARMA FUTURActive
0787.394.827
SANTIS PHARMAActive
0421.562.592
V-IMMOActive
0461.767.213
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelm120-f-p
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date12/05/202619/05/202514/05/202425/04/202329/04/202211/05/2021
General meeting11/05/202612/05/202513/05/202424/04/202325/04/202226/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

76 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202511/05/202612/05/2026FrenchPDF
m120-f-p31/12/202511/05/202612/05/2026FrenchPDF
Full model31/12/202412/05/202519/05/2025FrenchPDF
m120-f-p31/12/202412/05/202519/05/2025FrenchPDF
Full model31/12/202313/05/202414/05/2024FrenchPDF
m120-f-p31/12/202313/05/202414/05/2024FrenchPDF
Full model31/12/202224/04/202325/04/2023FrenchPDF
m120-f-p31/12/202224/04/202325/04/2023FrenchPDF
Full model31/12/202125/04/202229/04/2022FrenchPDF
m120-f-p31/12/202125/04/202203/05/2022FrenchPDF
Full model31/12/202026/04/202110/05/2021FrenchPDF
m120-f-p31/12/202026/04/202111/05/2021FrenchPDF
Full model31/12/201927/04/202016/06/2020FrenchPDF
m120-f-p31/12/201927/04/202016/06/2020FrenchPDF
Full model31/12/201829/04/201907/05/2019FrenchPDF
m120-f-p31/12/201829/04/201907/05/2019FrenchPDF
Full model31/12/201723/04/201825/04/2018FrenchPDF
m120-f-p31/12/201723/04/201825/04/2018FrenchPDF
Full model31/12/201624/04/201725/04/2017FrenchPDF
m120-f-p31/12/201624/04/201702/05/2017FrenchPDF
Full model31/12/201525/04/201626/04/2016FrenchPDF
m120-f-p31/12/201525/04/201626/04/2016FrenchPDF
Full model31/12/201427/04/201529/04/2015FrenchPDF
m120-f-p31/12/201427/04/201507/05/2015FrenchPDF

View all 76 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 40 ended

Active mandates

MADELEINE GROSCH-HENNES

Director · since 12 mai 2025

Active
MONIQUE SCHMITZ

Director · since 12 mai 2025

Active
PHILIPPE GEORIS

Director · since 12 mai 2025

Active
PIERRE DETHIER

Director · since 12 mai 2025

Active
OLIVIER BUSTIN

Director · since 13 mai 2024

Active
BERNARD LEMARCHAND

Director · since 25 avril 2022 · until 24 avril 2028

Active
CATHERINE DAUBY

Director · since 25 avril 2022 · until 24 avril 2028

Active
MARC BREYER

Director · since 25 avril 2022 · until 24 avril 2028

Active

Ended mandates

MADELEINE GROSCH-HENNES

Director · since 25 avril 2022 · until 28 avril 2025

Ended
MADELEINE GROSCH-HENNES

Director · since 25 avril 2022 · until 12 mai 2025

Ended
MONIQUE SCHMITZ

Director · since 25 avril 2022 · until 28 avril 2025

Ended
MONIQUE SCHMITZ

Director · since 25 avril 2022 · until 12 mai 2025

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office09/09/2026
    CHANGEMENT DE SIEGE SOCIAL
    PDF
  • Restructuring31/10/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring09/09/2025
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
    PDF
  • Mandates16/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares27/05/2024
    CAPITAL, ACTIONS
    PDF
  • Other22/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates07/07/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DENOMINATION - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates06/07/2022
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20253,8 M €
  2. 01/07/2025
    autre
  3. 12/05/2025
    reconductionMonique SCHMITZ — administrateur
  4. 12/05/2025
    reconductionPhilippe GEORIS — administrateur
  5. 12/05/2025
    reconductionPierre DETHIER — administrateur
  6. 12/05/2025
    reconductionMadeleine GROSCH-HENNES — administrateur
  7. 12/05/2025
    nominationOlivier BUSTIN — Administrateur
  8. 12/05/2025
    reconductionCatherine GREGOIRE — représentant permanent (commissaire)
  9. 12/05/2025
    nominationPhilippe GEORIS — Président du Conseil d'Administration
  10. 2024
    Annual accounts 20245,2 M €
  11. 22/04/2024
    augmentation_capital
  12. 2023
    Annual accounts 20231,1 M €
  13. 2022
    Annual accounts 2022654,4 k €
  14. 25/04/2022
    reconductionCatherine DAUBY — administrateur
  15. 25/04/2022
    reconductionBernard LEMARCHAND — administrateur
  16. 25/04/2022
    reconductionMarc BREYER — administrateur
  17. 25/04/2022
    nominationHélène GORRIA — délégué à la gestion journalière
  18. 25/04/2022
    nominationPierre LAFLEUR — délégué à la gestion journalière
  19. 25/04/2022
    nominationCatherine GREGOIRE — représentant permanent (commissaire)
  20. 25/04/2022
    nominationPhilippe GEORIS — Président du Conseil d'Administration
  21. 2022
    Name changePHARMACIES POPULAIRES DE VERVIERS ET ARRONDISSEMENT
  22. 2021
    Annual accounts 20215,6 M €
  23. 2020
    Annual accounts 2020388,5 k €
  24. 2019
    Annual accounts 2019415,9 k €
  25. 2018
    Annual accounts 2018155 k €
  26. 2017
    Annual accounts 2017450,1 k €
  27. 2016
    Annual accounts 2016360,4 k €
  28. 2015
    Annual accounts 201585,7 k €
  29. 2014
    Annual accounts 2014139,5 k €
  30. 2013
    Annual accounts 2013357,6 k €
  31. 2012
    Annual accounts 201280,6 k €
  32. 2011
    Annual accounts 2011329 k €
  33. 2010
    Annual accounts 201089,2 k €
  34. 2009
    Annual accounts 2009412,8 k €
  35. 2008
    Annual accounts 2008641,5 k €
  36. 2008
    Name changeSOCIETE ROYALE COOPERATIVE A RESPONSABILITE LIMITEE DES PHARMACIES POPULAIRES DE VERVIERS ET ARRONDISSEMENT
  37. 2007
    Annual accounts 2007702,1 k €
  38. 2006
    Annual accounts 2006358,4 k €
  39. 26/06/1913
    IncorporationCooperative society