ACTIVE

PHARMA STUBBE

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

14,8 k €

+533.6% YoY

Gross margin

177,9 k €

+7.8% YoY

Equity

150,6 k €

+10.9% YoY

Workforce

1,0 ETP

-9.1% YoY

What does PHARMA STUBBE do?

PHARMA STUBBE is a Private limited company incorporated in 1992. Its main activity is: Dispensing chemist in specialised stores. Its registered office is in Ingelmunster. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.935.794

Incorporation

28/12/1992

Legal form

Private limited company

Registered office

Kortrijkstraat 21
8770 Ingelmunster · FlandreSee on map

Contributed capital

55 500,00 €

Latest accounts

30/09/2025

Average workforce

1,0 ETP

Activities (NACE)

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

Joint committees (1)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	177,9 k €	+7.8%	165 k €	+3.8%	158,9 k €	+2.1%	155,7 k €	+5.3%	147,8 k €	-6.4%	157,9 k €	+43.2%	110,3 k €	+15.3%	95,6 k €	-3.9%	99,6 k €	-12.3%	113,6 k €	+7.2%	106 k €	+4.4%	101,5 k €	-31.7%	148,7 k €	+37.0%	108,5 k €	+2.6%	105,8 k €	-18.0%	128,9 k €	-9.0%	141,6 k €	+21.6%	116,5 k €
EBITDA	95,7 k €	+20.4%	79,5 k €	-5.9%	84,5 k €	-6.2%	90 k €	+28.0%	70,4 k €	-26.8%	96,1 k €	+61.5%	59,5 k €	+127%	26,2 k €	-46.3%	48,7 k €	+4.5%	46,6 k €	+65.3%	28,2 k €	+26.9%	22,2 k €	-70.7%	75,9 k €	+169%	28,2 k €	-11.7%	31,9 k €	-48.8%	62,3 k €	-25.6%	83,8 k €	+33.8%	62,6 k €
Operating result	31,7 k €	+111%	15 k €	-35.5%	23,2 k €	-25.6%	31,2 k €	+112%	14,7 k €	-64.7%	41,6 k €	+1634%	2,4 k €	-58.8%	5,8 k €	-82.0%	32,3 k €	+106%	15,7 k €	+38.6%	11,3 k €	+4828%	-240 €	-100%	48,8 k €	+1764%	-2,9 k €	+63.5%	-8 k €	-133%	24,6 k €	-47.6%	46,9 k €	+91.2%	24,5 k €
Net result	14,8 k €	+534%	2,3 k €	-78.7%	11 k €	-33.5%	16,5 k €	+272%	4,4 k €	-85.2%	29,9 k €	+788%	-4,4 k €	-955%	509,3 €	-97.5%	20,7 k €	+6041%	336,5 €	-93.4%	5,1 k €	+722%	-817,9 €	-103%	29,9 k €	+341%	-12,4 k €	+9.1%	-13,6 k €	-180%	17,1 k €	-55.2%	38,2 k €	+181%	13,6 k €
Balance sheet
Equity	150,6 k €	+10.9%	135,8 k €	+1.8%	133,5 k €	+9.0%	122,5 k €	+38.9%	88,2 k €	+5.3%	83,7 k €	+55.7%	53,8 k €	-7.5%	58,1 k €	+0.9%	57,6 k €	+55.9%	37 k €	+0.9%	36,6 k €	+16.1%	31,5 k €	-2.5%	32,3 k €	+1247%	2,4 k €	-97.9%	114,3 k €	-10.7%	128 k €	+15.4%	110,9 k €	+52.6%	72,7 k €
Total assets	535,7 k €	-2.7%	550,8 k €	-6.1%	586,8 k €	-2.8%	604 k €	-1.9%	616 k €	-1.8%	627 k €	-8.0%	681,9 k €	+100%	340,4 k €	-7.8%	369,1 k €	+15.5%	319,4 k €	+51.3%	211,1 k €	-18.6%	259,2 k €	-21.4%	329,7 k €	+4.3%	316,2 k €	+4.0%	303,9 k €	-8.9%	333,5 k €	-6.5%	356,6 k €	+5.2%	338,9 k €
Cash	105 k €	+24.2%	84,5 k €	+33.4%	63,4 k €	+8.1%	58,6 k €	+85.0%	31,7 k €	-16.7%	38 k €	+37.2%	27,7 k €	-32.2%	40,9 k €	-41.2%	69,6 k €	+207%	22,7 k €	-47.0%	42,8 k €	-20.3%	53,7 k €	-32.2%	79,1 k €	+45.4%	54,4 k €	+65.7%	32,8 k €	-12.8%	37,7 k €	-35.9%	58,8 k €	+73.3%	33,9 k €
Debts	368,2 k €	-7.7%	398,9 k €	-9.3%	440 k €	-6.2%	469 k €	-9.9%	520,8 k €	-2.5%	534,4 k €	-13.7%	619,1 k €	+137%	260,8 k €	-12.9%	299,5 k €	+10.9%	270,1 k €	+66.4%	162,3 k €	-24.7%	215,4 k €	-21.3%	273,8 k €	-8.8%	300,2 k €	+66.1%	180,7 k €	-7.9%	196,3 k €	-17.1%	236,9 k €	-7.9%	257,3 k €
Other
Workforce	1,0 ETP	-9.1%	1,1 ETP	+10.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-16.7%	1,2 ETP	+20.0%	1,0 ETP	-23.1%	1,3 ETP	-13.3%	1,5 ETP	-6.3%	1,6 ETP	0.0%	1,6 ETP	0.0%	1,6 ETP	-11.1%	1,8 ETP	+5.9%	1,7 ETP	0.0%	1,7 ETP	+13.3%	1,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 9 ended

Active mandates

Katherine Stubbe

Director

Active

Ended mandates

FRANCIS STUBBE

Manager · since 29 décembre 2010

Ended

KATHERINE STUBBE

Manager · since 29 décembre 2010

Ended

KATHERINE STUBBE

Managing director · since 05 novembre 2005 · until 05 novembre 2011

Ended

CECILE ZOETE

Director · since 05 mars 2005 · until 05 mars 2011

Ended

At this address

Other companies at this address

Company	CBE no.
ECTECH● Active	0468.726.665

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/03/2026	31/03/2025	26/03/2024	24/03/2023	28/03/2022	18/03/2021
General meeting	07/03/2026	01/03/2025	02/03/2024	04/03/2023	05/03/2022	06/03/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	07/03/2026	11/03/2026	Dutch	PDF
Abridged model	30/09/2024	01/03/2025	31/03/2025	Dutch	PDF
Abridged model	30/09/2023	02/03/2024	26/03/2024	Dutch	PDF
Abridged model	30/09/2022	04/03/2023	24/03/2023	Dutch	PDF
Abridged model	30/09/2021	05/03/2022	28/03/2022	Dutch	PDF
Abridged model	30/09/2020	06/03/2021	18/03/2021	Dutch	PDF
Abridged model	30/09/2019	07/03/2020	24/04/2020	Dutch	PDF
Abridged model	30/09/2018	02/03/2019	20/03/2019	Dutch	PDF
Abridged model	30/09/2017	03/03/2018	29/03/2018	Dutch	PDF
Abridged model	30/09/2016	04/03/2017	30/03/2017	Dutch	PDF
Abridged model	30/09/2015	05/03/2016	23/03/2016	Dutch	PDF
Abridged model	30/09/2014	07/03/2015	26/03/2015	Dutch	PDF
Abridged model	30/09/2013	01/03/2014	08/04/2014	Dutch	PDF
Abridged model	30/09/2012	02/03/2013	06/03/2013	Dutch	PDF
Abridged model	30/09/2011	03/03/2012	02/04/2012	Dutch	PDF
Abridged model	30/09/2010	05/03/2011	08/03/2011	Dutch	PDF
Abridged model	30/09/2009	06/03/2010	10/03/2010	Dutch	PDF
Abridged model	30/09/2008	07/03/2009	10/03/2009	Dutch	PDF
Abridged model	30/09/2007	01/03/2008	03/03/2008	Dutch	PDF
Abridged model	30/09/2006	03/03/2007	06/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 30/09/2025 · 1 active · 9 ended

Active mandates

Katherine Stubbe

Director

Active

Ended mandates

FRANCIS STUBBE

Manager · since 29 décembre 2010

Ended

KATHERINE STUBBE

Manager · since 29 décembre 2010

Ended

KATHERINE STUBBE

Managing director · since 05 novembre 2005 · until 05 novembre 2011

Ended

CECILE ZOETE

Director · since 05 mars 2005 · until 05 mars 2011

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/01/2011
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates23/03/2005
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares29/03/2004
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 202514,8 k €↑
2024
Annual accounts 20242,3 k €↓
2023
Annual accounts 202311 k €↓
2022
Annual accounts 202216,5 k €↑
2020
Annual accounts 20204,4 k €↓
2019
Annual accounts 201929,9 k €↑
2018
Annual accounts 2018-4,4 k €↓
2017
Annual accounts 2017509,3 €↓
2016
Annual accounts 201620,7 k €↑
2015
Annual accounts 2015336,5 €↓
2014
Annual accounts 20145,1 k €↑
2013
Annual accounts 2013-817,9 €↓
2012
Annual accounts 201229,9 k €↑
2011
Annual accounts 2011-12,4 k €↑
2010
Annual accounts 2010-13,6 k €↓
2009
Annual accounts 200917,1 k €↓
2008
Annual accounts 200838,2 k €↑
2007
Annual accounts 200713,6 k €
28/12/1992
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

PHARMA STUBBE

Overview

What does PHARMA STUBBE do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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