NORMAL SITUATION

PHARMASALM

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Financial year 2025 · closed on 24/11/2025

Net result

78 k €

+8.0% YoY

Gross margin

120,3 k €

-23.4% YoY

Equity

1,3 M €

+5.1% YoY

Company — Normal situation.

What does PHARMASALM do?

PHARMASALM is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0473.453.040

Legal form

Private limited company

Contributed capital

6 200,00 €

Latest accounts

24/11/2025

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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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	120,3 k €	-23.4%	157 k €	+12.1%	140,1 k €	-24.1%	184,5 k €	-12.3%	210,3 k €	+12.2%	187,5 k €	+36.2%	137,6 k €	+3.2%	133,3 k €	-60.1%	334,1 k €	+115%	155,7 k €	-9.5%	171,9 k €	-3.8%	178,7 k €	-6.0%	190,2 k €	+4.0%	182,8 k €	-11.5%	206,6 k €	-15.2%	243,6 k €	+5.4%	231,1 k €	-3.0%	238,3 k €	+4.4%	228,2 k €	+0.3%	227,5 k €
EBITDA	102,6 k €	-29.7%	145,9 k €	+12.2%	130 k €	-25.8%	175,2 k €	-12.2%	199,6 k €	+11.6%	178,8 k €	+39.6%	128,1 k €	+2.7%	124,8 k €	-61.7%	325,5 k €	+117%	150 k €	-10.1%	166,7 k €	-4.2%	174 k €	-6.1%	185,3 k €	+3.9%	178,3 k €	-12.1%	202,9 k €	-15.3%	239,6 k €	+5.3%	227,5 k €	-3.3%	235,3 k €	+4.5%	225,2 k €	+0.3%	224,6 k €
Operating result	64,1 k €	-16.5%	76,7 k €	+51.2%	50,7 k €	-51.8%	105,3 k €	-16.6%	126,3 k €	+26.0%	100,2 k €	+107%	48,4 k €	+27.0%	38,1 k €	-83.5%	230,7 k €	+161%	88,3 k €	-16.1%	105,3 k €	-6.1%	112 k €	-8.0%	121,8 k €	+10.2%	110,6 k €	-19.5%	137,4 k €	-21.8%	175,6 k €	+10.8%	158,4 k €	-4.6%	166 k €	-1.8%	169 k €	-6.9%	181,6 k €
Net result	78 k €	+8.0%	72,3 k €	+53.6%	47,1 k €	-20.4%	59,1 k €	-9.4%	65,2 k €	+24.6%	52,4 k €	+347%	11,7 k €	+427%	2,2 k €	-98.2%	126,8 k €	+27.9%	99,1 k €	+128%	43,5 k €	-18.9%	53,7 k €	-20.6%	67,6 k €	-31.8%	99,2 k €	+43.8%	68,9 k €	-46.3%	128,4 k €	-2.7%	132 k €	+259%	-83,1 k €	-241%	58,8 k €	-31.8%	86,3 k €
Balance sheet
Equity	1,3 M €	+5.1%	1,2 M €	+7.6%	1,2 M €	+4.1%	1,1 M €	-8.9%	1,2 M €	-6.1%	1,3 M €	-0.2%	1,3 M €	+0.9%	1,3 M €	+0.0%	1,3 M €	+11.0%	1,2 M €	+9.4%	1,1 M €	+4.3%	1 M €	+5.6%	960,3 k €	+7.6%	892,7 k €	+12.5%	793,5 k €	+9.5%	724,5 k €	+21.5%	596,1 k €	+28.4%	464,1 k €	-15.2%	547,2 k €	+12.0%	488,4 k €
Total assets	2,5 M €	+1.8%	2,5 M €	-6.7%	2,6 M €	+3.6%	2,5 M €	+6.1%	2,4 M €	-0.7%	2,4 M €	-2.2%	2,5 M €	-4.7%	2,6 M €	-6.0%	2,8 M €	+24.8%	2,2 M €	-31.7%	3,2 M €	+0.4%	3,2 M €	+0.8%	3,2 M €	-1.0%	3,2 M €	+1.2%	3,2 M €	+5.7%	3 M €	-0.2%	3 M €	+2.2%	3 M €	+3.0%	2,9 M €	+6.0%	2,7 M €
Cash	45,3 k €	+28.8%	35,2 k €	+22.5%	28,7 k €	-10.4%	32,1 k €	-42.1%	55,4 k €	+18.8%	46,6 k €	+5.7%	44,1 k €	-17.1%	53,2 k €	-64.2%	148,4 k €	+796%	16,6 k €	-57.5%	39 k €	-44.9%	70,8 k €	-65.4%	204,4 k €	+13.1%	180,7 k €	+42.9%	126,4 k €	+209%	40,9 k €	+30.5%	31,3 k €	+52.0%	20,6 k €	-31.1%	29,9 k €	+7218%	409 €
Debts	1,2 M €	-0.3%	1,2 M €	-17.7%	1,4 M €	+2.9%	1,4 M €	+22.7%	1,1 M €	+6.0%	1,1 M €	-4.5%	1,1 M €	-10.7%	1,2 M €	-11.5%	1,4 M €	+33.9%	1 M €	-52.1%	2,2 M €	-1.3%	2,2 M €	-1.3%	2,2 M €	-4.3%	2,3 M €	-2.5%	2,4 M €	+4.5%	2,3 M €	-5.6%	2,4 M €	-2.6%	2,5 M €	+7.1%	2,3 M €	+4.5%	2,2 M €

Governance

Board of directors

Seen on filing of 24/11/2025 · 2 active · 4 ended

Active mandates

Dominique SIMON

Director · until 24 novembre 2025

Active

Vincent BACKES

Director · until 24 novembre 2025

Active

Ended mandates

Dominique SIMON

Director

Ended

Dominique SIMON

Manager

Ended

Vincent BACKES

Director

Ended

Vincent BACKES

Manager

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	24/11/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	11 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/01/2026	09/05/2025	12/07/2024	03/08/2023	15/07/2022	16/06/2021
General meeting	24/11/2025	25/04/2025	27/06/2024	30/06/2023	30/06/2022	27/05/2021
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

25 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	24/11/2025	24/11/2025	23/01/2026	French	PDF
Abridged model	31/12/2024	25/04/2025	09/05/2025	French	PDF
Abridged model	31/12/2023	27/06/2024	12/07/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	03/08/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	15/07/2022	French	PDF
Abridged model	31/12/2020	27/05/2021	16/06/2021	French	PDF
Abridged model	31/12/2019	30/06/2020	10/08/2020	French	PDF
Abridged model	31/12/2018	20/06/2019	11/07/2019	French	PDF
Abridged model	31/12/2017	14/06/2018	12/07/2018	French	PDF
Abridged model	31/12/2016	01/06/2017	13/06/2017	French	PDF
Abridged model	31/12/2015	14/04/2016	21/04/2016	French	PDF
Abridged model	31/12/2014	31/07/2015	28/08/2015	French	PDF
Abridged model	31/12/2013	17/07/2014	30/07/2014	French	PDF
Abridged model	31/12/2012	31/07/2013	12/08/2013	French	PDF
Abridged model	31/12/2011	29/07/2012	16/08/2012	French	PDF
Abridged model	31/12/2010	22/06/2011	19/07/2011	French	PDF
Abridged model	31/12/2009	31/07/2010	24/08/2010	French	PDF
Abridged model	31/12/2008	26/06/2009	02/07/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	25/08/2008	French	PDF
Abridged model	31/12/2006	15/06/2007	03/07/2007	French	PDF
Abridged model	31/12/2005	17/05/2006	22/06/2006	French	PDF
Abridged model	31/12/2004	30/06/2005	18/07/2005	French	PDF
Abridged model	31/12/2003	15/06/2004	14/07/2004	French	PDF
Abridged model	31/12/2002	30/06/2003	06/08/2003	French	PDF

View all 25 filings

Estimate

Indicative valuation

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 24/11/2025 · 2 active · 4 ended

Active mandates

Dominique SIMON

Director · until 24 novembre 2025

Active

Vincent BACKES

Director · until 24 novembre 2025

Active

Ended mandates

Dominique SIMON

Director

Ended

Dominique SIMON

Manager

Ended

Vincent BACKES

Director

Ended

Vincent BACKES

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution11/12/2025
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring06/10/2025
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
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 202578 k €↑
2024
Annual accounts 202472,3 k €↑
2023
Annual accounts 202347,1 k €↓
2022
Annual accounts 202259,1 k €↓
2021
Annual accounts 202165,2 k €↑
2020
Annual accounts 202052,4 k €↑
2019
Annual accounts 201911,7 k €↑
2018
Annual accounts 20182,2 k €↓
2017
Annual accounts 2017126,8 k €↑
2016
Annual accounts 201699,1 k €↑
2015
Annual accounts 201543,5 k €↓
2014
Annual accounts 201453,7 k €↓
2013
Annual accounts 201367,6 k €↓
2012
Annual accounts 201299,2 k €↑
2011
Annual accounts 201168,9 k €↓
2010
Annual accounts 2010128,4 k €↓
2009
Annual accounts 2009132 k €↑
2008
Annual accounts 2008-83,1 k €↓
2007
Annual accounts 200758,8 k €↓
2006
Annual accounts 200686,3 k €

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

PHARMASALM

Overview

What does PHARMASALM do?

Trend over 20 financial years

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