ACTIVE

C.E. FARMA

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Financial year 2025 · closed on 31/12/2025

Net result

68,6 k €

+42.9% YoY

Gross margin

400,7 k €

-0.7% YoY

Equity

1,2 M €

+5.9% YoY

Workforce

3,4 ETP

-19.0% YoY

What does C.E. FARMA do?

C.E. FARMA is a Private limited company incorporated in 1981. Its main activity is: Dispensing chemist in specialised stores. Its registered office is in Oostrozebeke. It employs on average 3,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0422.011.069

Incorporation

10/10/1981

Legal form

Private limited company

Registered office

Markt 3
8780 Oostrozebeke · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

3,4 ETP

Activities (NACE)

47730Dispensing chemist in specialised stores· main 47730Dispensing chemist in specialised stores 52310Warehousing and support activities for transportation

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	400,7 k €	-0.7%	403,5 k €	+13.2%	356,5 k €	-20.8%	450,1 k €	+19.3%	377,2 k €	+4.2%	362,1 k €	+20.5%	300,4 k €	+1.6%	295,7 k €	-7.6%	320,1 k €	-14.9%	376,2 k €	-2.1%	384,3 k €	+9.9%	349,5 k €	+11.4%	313,7 k €	+5.9%	296,1 k €	+73.3%	170,8 k €	+8.7%	157,2 k €	-29.9%	224,3 k €	-15.2%	264,7 k €	+6.1%	249,5 k €	+38.2%	180,6 k €
EBITDA	97,2 k €	+71.1%	56,8 k €	-40.6%	95,7 k €	-53.0%	203,5 k €	+36.9%	148,6 k €	+8.7%	136,7 k €	+35.4%	100,9 k €	-27.8%	139,8 k €	-16.4%	167,2 k €	-27.2%	229,8 k €	-4.2%	239,9 k €	+7.8%	222,6 k €	+4.0%	214,0 k €	+10.4%	193,8 k €	+183%	68,5 k €	+13.7%	60,2 k €	-52.7%	127,2 k €	-24.5%	168,6 k €	+5.5%	159,9 k €	+68.2%	95,1 k €
Operating result	74,5 k €	+83.6%	40,6 k €	-49.1%	79,7 k €	-57.7%	188,5 k €	+48.1%	127,3 k €	+13.5%	112,1 k €	+48.2%	75,7 k €	-33.9%	114,5 k €	-17.4%	138,6 k €	-32.8%	206,4 k €	-1.8%	210,2 k €	+7.5%	195,5 k €	+3.5%	189,0 k €	+13.1%	167,2 k €	+430%	31,5 k €	+61.8%	19,5 k €	-69.8%	64,5 k €	-40.4%	108,2 k €	+10.7%	97,7 k €	+137%	41,3 k €
Net result	68,6 k €	+42.9%	48,0 k €	-33.0%	71,6 k €	-52.7%	151,4 k €	+77.0%	85,5 k €	-3.1%	88,2 k €	+53.3%	57,6 k €	-32.6%	85,4 k €	-12.0%	97,0 k €	-31.8%	142,3 k €	-3.6%	147,6 k €	-5.5%	156,2 k €	-21.7%	199,5 k €	-6.7%	213,8 k €	+74.0%	122,9 k €	-9.9%	136,4 k €	-20.0%	170,4 k €	-2.6%	175,1 k €	+4.1%	168,1 k €	-13.4%	194,2 k €
Balance sheet
Equity	1,2 M €	+5.9%	1,2 M €	+4.3%	1,1 M €	-25.6%	1,5 M €	+11.3%	1,3 M €	+6.8%	1,3 M €	+7.5%	1,2 M €	+5.2%	1,1 M €	+8.3%	1,0 M €	+10.4%	929,6 k €	+18.1%	787,3 k €	+23.1%	639,7 k €	+32.3%	483,5 k €	-69.1%	1,6 M €	-33.5%	2,4 M €	+5.5%	2,2 M €	-8.8%	2,4 M €	+5.6%	2,3 M €	+6.8%	2,2 M €	+8.4%	2,0 M €
Total assets	1,5 M €	+4.5%	1,4 M €	+2.1%	1,4 M €	-20.6%	1,7 M €	+12.4%	1,5 M €	+5.1%	1,5 M €	+7.4%	1,4 M €	+3.4%	1,3 M €	+7.2%	1,2 M €	+1.2%	1,2 M €	+15.2%	1,0 M €	+21.9%	858,6 k €	+14.1%	752,5 k €	-73.9%	2,9 M €	+6.4%	2,7 M €	-0.3%	2,7 M €	-2.1%	2,8 M €	+7.5%	2,6 M €	+8.2%	2,4 M €	+6.2%	2,2 M €
Cash	7,7 k €	-0.5%	7,7 k €	-13.7%	8,9 k €	+17.6%	7,6 k €	+56.5%	4,9 k €	-40.9%	8,2 k €	+4.5%	7,9 k €	-73.9%	30,2 k €	-15.1%	35,6 k €	-19.7%	44,3 k €	-21.1%	56,2 k €	-37.5%	89,9 k €	-47.3%	170,7 k €	-30.2%	244,5 k €	-40.0%	407,3 k €	+88.9%	215,6 k €	+0.9%	213,6 k €	+27.1%	168,1 k €	+103%	82,9 k €	-46.6%	155,3 k €
Debts	222,3 k €	-2.5%	228,0 k €	-7.7%	247,1 k €	+13.2%	218,3 k €	+20.4%	181,3 k €	-6.1%	193,1 k €	+6.4%	181,5 k €	-6.8%	194,8 k €	+1.0%	192,8 k €	-29.9%	275,2 k €	+6.3%	258,9 k €	+26.1%	205,2 k €	-23.7%	268,9 k €	-79.5%	1,3 M €	+271%	354,6 k €	-27.2%	487,1 k €	+45.8%	334,0 k €	+23.3%	271,0 k €	+22.3%	221,5 k €	-11.4%	250,0 k €
Other
Workforce	3,4 ETP	-19.0%	4,2 ETP	+7.7%	3,9 ETP	+14.7%	3,4 ETP	0.0%	3,4 ETP	0.0%	3,4 ETP	+17.2%	2,9 ETP	+20.8%	2,4 ETP	0.0%	2,4 ETP	+4.3%	2,3 ETP	0.0%	2,3 ETP	+43.7%	1,6 ETP	+23.1%	1,3 ETP	-7.1%	1,4 ETP	+7.7%	1,3 ETP	-13.3%	1,5 ETP	0.0%	1,5 ETP	-11.8%	1,7 ETP	+13.3%	1,5 ETP	-6.3%	1,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 22 ended

Active mandates

ALEXO

Chairman of the board of directors · since 01 septembre 2022 · 0870.896.286

Represented by Olivier Delaere

Active

SODIAP

Managing director · since 22 décembre 2020 · 0405.366.364

Represented by Tom Goderis

Active

Ended mandates

ARISTO

Chairman of the board of directors · since 22 décembre 2020 · until 31 août 2022 · 0434.718.564

Represented by Frank Coene

Ended

ARISTO

Chairman of the board of directors · since 22 décembre 2020 · 0434.718.564

Represented by Frank Coene

Ended

Steven Cardoen

Director · since 22 décembre 2020 · until 31 décembre 2020

Ended

STEVEN CARDOEN

Director · since 01 janvier 2020 · until 31 décembre 2020

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/05/2026	17/06/2025	12/06/2024	09/06/2023	07/06/2022	14/06/2021
General meeting	03/04/2026	04/04/2025	05/04/2024	07/04/2023	01/04/2022	31/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/04/2026	12/05/2026	Dutch	PDF
Abridged model	31/12/2024	04/04/2025	17/06/2025	Dutch	PDF
Abridged model	31/12/2023	05/04/2024	12/06/2024	Dutch	PDF
Abridged model	31/12/2022	07/04/2023	09/06/2023	Dutch	PDF
Abridged model	31/12/2021	01/04/2022	07/06/2022	Dutch	PDF
Abridged model	31/12/2020	31/05/2021	14/06/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	14/07/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	09/07/2019	Dutch	PDF
Abridged model	31/12/2017	31/05/2018	28/06/2018	Dutch	PDF
Abridged model	31/12/2016	31/05/2017	10/07/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	26/08/2016	Dutch	PDF
Abridged model	31/12/2014	03/09/2015	09/10/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	04/07/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	21/06/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	09/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	02/06/2009	Dutch	PDF
Abridged model	31/12/2007	15/06/2008	03/07/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	27/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 22 ended

Active mandates

ALEXO

Chairman of the board of directors · since 01 septembre 2022 · 0870.896.286

Represented by Olivier Delaere

Active

SODIAP

Managing director · since 22 décembre 2020 · 0405.366.364

Represented by Tom Goderis

Active

Ended mandates

ARISTO

Chairman of the board of directors · since 22 décembre 2020 · until 31 août 2022 · 0434.718.564

Represented by Frank Coene

Ended

ARISTO

Chairman of the board of directors · since 22 décembre 2020 · 0434.718.564

Represented by Frank Coene

Ended

Steven Cardoen

Director · since 22 décembre 2020 · until 31 décembre 2020

Ended

STEVEN CARDOEN

Director · since 01 janvier 2020 · until 31 décembre 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/02/2021
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates19/05/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/11/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/06/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2005
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/01/2004
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 202568,6 k €↑
2024
Annual accounts 202448,0 k €↓
2024
Name change043 - CE Farma
2023
Annual accounts 202371,6 k €↓
2022
Annual accounts 2022151,4 k €↑
2021
Annual accounts 202185,5 k €↓
2021
Name changeC.E. Farma
2020
Annual accounts 202088,2 k €↑
2019
Annual accounts 201957,6 k €↓
2018
Annual accounts 201885,4 k €↓
2017
Annual accounts 201797,0 k €↓
2016
Annual accounts 2016142,3 k €↓
2015
Annual accounts 2015147,6 k €↓
2014
Annual accounts 2014156,2 k €↓
2013
Annual accounts 2013199,5 k €↓
2012
Annual accounts 2012213,8 k €↑
2011
Annual accounts 2011122,9 k €↓
2010
Annual accounts 2010136,4 k €↓
2009
Annual accounts 2009170,4 k €↓
2008
Annual accounts 2008175,1 k €↑
2007
Annual accounts 2007168,1 k €↓
2006
Annual accounts 2006194,2 k €
10/10/1981
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

C.E. FARMA

Overview

What does C.E. FARMA do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline