ACTIVE

b+pharma Belgium

Financial year 2025 · closed on 31/12/2025
Net result
213,5 k €
+5.1% YoY
Gross margin
287 k €
+1.3% YoY
Equity
2,2 M €
+11.0% YoY
Workforce
0,0 ETP

What does b+pharma Belgium do?

b+pharma Belgium is a Public limited company incorporated in 2001. Its main activity is: Agents specialised in the sale of other particular products. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0474.817.869
Incorporation
22/05/2001
Legal form
Public limited company
Registered office
Kortrijksesteenweg 1091 box B
9051 Gent · FlandreSee on map
Contributed capital
2 350 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Joint committees (3)
  • 118
  • 220
  • 2200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120192018201720162015201420132012201120102009
Income statement
Gross margin287 k €283,3 k €232,4 k €816,9 k €663,3 k €450,3 k €967,7 k €1,4 M €1,7 M €1,2 M €466,2 k €621,6 k €-198,6 k €593,3 k €133,4 k €
EBITDA284,9 k €282,1 k €213,7 k €514,2 k €249,3 k €-61,8 k €400,8 k €496,2 k €341,5 k €398,6 k €321,6 k €-282,3 k €-113,1 k €-752 k €95,3 k €-308,9 k €
Operating result283,2 k €263,5 k €258,3 k €451,2 k €170,2 k €-171,5 k €242,2 k €437,4 k €202,2 k €133,9 k €158 k €-448,9 k €-272 k €-820,4 k €45,7 k €-353,4 k €
Net result213,5 k €203,2 k €194,5 k €416,9 k €162,8 k €-177 k €239,4 k €439,3 k €182,9 k €-25,3 k €25,9 k €-549,5 k €-351 k €-872,7 k €345 €-390 k €
Balance sheet
Equity2,2 M €1,9 M €1,7 M €1,5 M €1,1 M €825,9 k €1 M €763,6 k €324,2 k €141,3 k €166,6 k €140,7 k €90,2 k €66,2 k €563,9 k €313,6 k €
Total assets2,4 M €2,1 M €2 M €2,1 M €1,6 M €1,9 M €2,1 M €3 M €2,7 M €3,7 M €3,4 M €3,2 M €3,1 M €2,2 M €2,5 M €1,6 M €
Cash0 €354,3 k €355,8 k €252,1 k €394,9 k €197,5 k €221,7 k €655,5 k €341,6 k €201,3 k €158,4 k €149,9 k €409,7 k €334,2 k €
Debts236,8 k €190,3 k €214,2 k €521,3 k €428,4 k €1,1 M €1,1 M €2,3 M €2,4 M €3,5 M €3,2 M €3 M €3 M €2,1 M €2 M €1,3 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP2,4 ETP3,2 ETP5,3 ETP5,9 ETP8,3 ETP13,5 ETP11,5 ETP11,4 ETP10,1 ETP11,4 ETP10,6 ETP10,5 ETP8,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 46 ended

Active mandates

Aquitania

Director · since 06 octobre 2022 · until 06 octobre 2028 · 0666.678.822

Represented by ANJA IMSCHOOT

Active
CREDOPHAR

Director · since 06 octobre 2022 · until 06 octobre 2028 · 0849.730.193

Represented by MARIO DEBEL

Active
FARMAFENDER

Director · since 06 octobre 2022 · until 06 octobre 2028 · 0819.991.676

Represented by VAN PETEGHEM BRAM

Active

Ended mandates

Aquitania

Director · since 06 octobre 2022 · until 06 octobre 2028 · 0666.678.822

Represented by IMSCHOOT ANJA

Ended
CREDOPHAR

Director · since 06 octobre 2022 · until 06 octobre 2028 · 0849.730.193

Represented by DEBEL MARIO

Ended
FARMAFENDER

Director · since 06 octobre 2022 · until 06 octobre 2028 · 0819.991.676

Represented by VAN PETEGHEM BRAM

Ended
FARMAFENDER

Managing director · since 31 juillet 2020 · 0819.991.676

Represented by BRAM VAN PETEGHEM

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
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 date04/06/202622/07/202531/05/202431/08/202319/05/202202/06/2021
General meeting03/05/202630/06/202503/05/202430/06/202303/05/202203/05/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202503/05/202604/06/2026DutchPDF
Abridged model31/12/202430/06/202522/07/2025DutchPDF
Abridged model31/12/202303/05/202431/05/2024DutchPDF
Abridged model31/12/202230/06/202331/08/2023DutchPDF
Abridged model31/12/202103/05/202219/05/2022DutchPDF
Abridged model31/12/202003/05/202102/06/2021DutchPDF
Abridged model31/12/201931/07/202026/08/2020DutchPDF
Abridged model31/12/201830/08/201930/08/2019DutchPDF
Abridged model31/12/201719/06/201829/06/2018DutchPDF
Abridged model31/12/201623/06/201710/08/2017DutchPDF
Full model31/12/201504/05/201630/08/2016DutchPDF
Abridged model30/06/201403/11/201419/11/2014DutchPDF
Abridged model30/06/201304/11/201306/01/2014DutchPDF
Abridged model30/06/201203/11/201219/12/2012DutchPDF
Abridged model30/06/201121/11/201119/12/2011DutchPDF
Abridged model30/06/201003/11/201027/01/2011DutchPDF
Abridged model30/06/200903/11/200927/01/2010DutchPDF
Abridged model30/06/200803/11/200818/12/2008DutchPDF
Abridged model30/06/200703/11/200729/01/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 3 active · 46 ended

Active mandates

Aquitania

Director · since 06 octobre 2022 · until 06 octobre 2028 · 0666.678.822

Represented by ANJA IMSCHOOT

Active
CREDOPHAR

Director · since 06 octobre 2022 · until 06 octobre 2028 · 0849.730.193

Represented by MARIO DEBEL

Active
FARMAFENDER

Director · since 06 octobre 2022 · until 06 octobre 2028 · 0819.991.676

Represented by VAN PETEGHEM BRAM

Active

Ended mandates

Aquitania

Director · since 06 octobre 2022 · until 06 octobre 2028 · 0666.678.822

Represented by IMSCHOOT ANJA

Ended
CREDOPHAR

Director · since 06 octobre 2022 · until 06 octobre 2028 · 0849.730.193

Represented by DEBEL MARIO

Ended
FARMAFENDER

Director · since 06 octobre 2022 · until 06 octobre 2028 · 0819.991.676

Represented by VAN PETEGHEM BRAM

Ended
FARMAFENDER

Managing director · since 31 juillet 2020 · 0819.991.676

Represented by BRAM VAN PETEGHEM

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/04/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/02/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/07/2018
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/03/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/02/2016
    BENAMING - 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

Timeline

  1. 2025
    Annual accounts 2025213,5 k €
  2. 2024
    Annual accounts 2024203,2 k €
  3. 2023
    Annual accounts 2023194,5 k €
  4. 2022
    Annual accounts 2022416,9 k €
  5. 2021
    Annual accounts 2021162,8 k €
  6. 2019
    Annual accounts 2019-177 k €
  7. 2018
    Annual accounts 2018239,4 k €
  8. 2017
    Annual accounts 2017439,3 k €
  9. 2016
    Annual accounts 2016182,9 k €
  10. 2015
    Annual accounts 2015-25,3 k €
  11. 2014
    Annual accounts 201425,9 k €
  12. 2013
    Annual accounts 2013-549,5 k €
  13. 2012
    Annual accounts 2012-351 k €
  14. 2011
    Annual accounts 2011-872,7 k €
  15. 2010
    Annual accounts 2010345 €
  16. 2009
    Annual accounts 2009-390 k €
  17. 22/05/2001
    IncorporationPublic limited company