ACTIVE

HDS - FARMA

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Financial year 2025 · closed on 30/09/2025

Net result

33,5 k €

-43.6% YoY

Gross margin

260,8 k €

-7.7% YoY

Equity

408,1 k €

+0.0% YoY

Workforce

2,0 ETP

-23.1% YoY

What does HDS - FARMA do?

HDS - FARMA is a Private limited company incorporated in 2003. Its main activity is: Dispensing chemist in specialised stores. Its registered office is in Erpe-Mere. It employs on average 2,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.633.821

Incorporation

24/02/2003

Legal form

Private limited company

Registered office

Zandstraat 109
9420 Erpe-Mere · FlandreSee on map

Contributed capital

268 600,00 €

Latest accounts

30/09/2025

Average workforce

2,0 ETP

Activities (NACE)

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

Joint committees (1)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	260,8 k €	-7.7%	282,7 k €	-11.1%	317,9 k €	+1.1%	314,4 k €	+21.8%	258,2 k €	-23.9%	339,2 k €	-2.0%	346 k €	+12.5%	307,5 k €	-6.0%	327,1 k €	+17.2%	279,1 k €	+13.3%	246,4 k €	-0.5%	247,6 k €	+6.5%	232,4 k €	+19.2%	194,9 k €	+8.1%	180,3 k €	-3.5%	186,8 k €	+7.8%	173,3 k €	+0.7%	172,1 k €	+19.1%	144,6 k €
EBITDA	113,4 k €	-22.1%	145,6 k €	+39.8%	104,1 k €	-12.4%	118,9 k €	+48.1%	80,2 k €	-45.9%	148,4 k €	+6.2%	139,7 k €	+11.9%	124,9 k €	-7.8%	135,4 k €	-3.6%	140,4 k €	+19.6%	117,4 k €	+13.2%	103,7 k €	-5.5%	109,8 k €	+49.2%	73,6 k €	-16.0%	87,5 k €	-14.4%	102,3 k €	+19.6%	85,6 k €	-8.3%	93,3 k €	+32.0%	70,7 k €
Operating result	52 k €	-10.1%	57,9 k €	-15.7%	68,7 k €	-12.1%	78,1 k €	+88.2%	41,5 k €	-63.1%	112,5 k €	+6.4%	105,7 k €	+20.0%	88,1 k €	-10.1%	97,9 k €	-2.1%	100,1 k €	-3.1%	103,3 k €	+12.9%	91,5 k €	-7.0%	98,4 k €	+46.7%	67,1 k €	-19.2%	83,1 k €	-13.9%	96,5 k €	+19.9%	80,5 k €	-9.5%	89 k €	+37.9%	64,5 k €
Net result	33,5 k €	-43.6%	59,5 k €	+10.4%	53,9 k €	-11.7%	61 k €	+65.6%	36,8 k €	-57.2%	86 k €	+13.0%	76,1 k €	+46.2%	52,1 k €	-14.8%	61,1 k €	-9.2%	67,3 k €	+13.7%	59,2 k €	-14.7%	69,4 k €	-6.9%	74,6 k €	+38.8%	53,7 k €	-17.4%	65,1 k €	-12.5%	74,4 k €	+22.2%	60,9 k €	-4.9%	64 k €	+40.4%	45,6 k €
Balance sheet
Equity	408,1 k €	+0.0%	408,1 k €	-51.2%	836,2 k €	-21.7%	1,1 M €	+6.1%	1 M €	+3.8%	970,7 k €	+9.7%	884,7 k €	+9.4%	808,6 k €	+6.9%	756,5 k €	+7.2%	705,4 k €	+8.8%	648,1 k €	+10.1%	588,9 k €	+13.0%	521,3 k €	+15.7%	450,5 k €	+13.5%	396,7 k €	+17.0%	339 k €	+23.5%	274,4 k €	+27.6%	215 k €	+35.4%	158,8 k €
Total assets	1,5 M €	+37.2%	1,1 M €	+17.4%	908,5 k €	-26.3%	1,2 M €	+4.0%	1,2 M €	+1.2%	1,2 M €	+5.2%	1,1 M €	+6.0%	1 M €	+4.0%	1 M €	+2.2%	987,9 k €	+28.6%	768,1 k €	+9.0%	704,8 k €	+6.7%	660,4 k €	+11.6%	591,8 k €	+8.9%	543,5 k €	+12.6%	482,8 k €	+24.1%	389 k €	+3.3%	376,5 k €	+31.2%	287 k €
Cash	150,3 k €	-4.7%	157,7 k €	-66.1%	464,8 k €	-37.8%	747 k €	+9.3%	683,1 k €	+13.3%	603 k €	+15.4%	522,4 k €	+11.1%	470,1 k €	+10.3%	426,1 k €	+14.7%	371,4 k €	-0.8%	374,4 k €	+20.7%	310,2 k €	+3.9%	298,5 k €	-24.4%	395 k €	+8.2%	365,1 k €	+13.7%	321,2 k €	+41.5%	227 k €	+17.5%	193,2 k €	+40.3%	137,7 k €
Debts	1,1 M €	+60.1%	658,2 k €	+840%	70 k €	-54.1%	152,7 k €	-7.9%	165,8 k €	-16.0%	197,3 k €	-12.5%	225,6 k €	-6.2%	240,6 k €	-4.5%	252 k €	-10.4%	281,3 k €	+137%	118,6 k €	+4.6%	113,4 k €	-16.9%	136,4 k €	-2.6%	140,1 k €	-1.6%	142,4 k €	+1.1%	140,8 k €	+28.3%	109,7 k €	-30.5%	157,9 k €	+26.1%	125,2 k €
Other
Workforce	2,0 ETP	-23.1%	2,6 ETP	-27.8%	3,6 ETP	+2.9%	3,5 ETP	+6.1%	3,3 ETP	0.0%	3,3 ETP	-13.2%	3,8 ETP	0.0%	3,8 ETP		–		3,3 ETP	+13.8%	2,9 ETP	-6.5%	3,1 ETP	+3.3%	3,0 ETP	+11.1%	2,7 ETP	+12.5%	2,4 ETP	0.0%	2,4 ETP	+14.3%	2,1 ETP	+10.5%	1,9 ETP	+5.6%	1,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 5 ended

Active mandates

ESDR

Director · since 01 octobre 2023 · 0800.112.022

Represented by Scharpé Ellen

Active

Ended mandates

Alberik Scharpé

Mandate

Ended

Ellen Scharpé

Mandate

Ended

ESDR

Director · 0800.112.022

Represented by Scharpé ELLEN

Ended

Hilda Demuynck

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
ESDR● Active	0800.112.022

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	16/02/2026	21/03/2025	14/03/2024	21/03/2023	17/03/2022	19/03/2021
General meeting	06/02/2026	15/03/2025	08/03/2024	18/03/2023	16/03/2022	13/03/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	06/02/2026	16/02/2026	Dutch	PDF
Abridged model	30/09/2024	15/03/2025	21/03/2025	Dutch	PDF
Abridged model	30/09/2023	08/03/2024	14/03/2024	Dutch	PDF
Abridged model	30/09/2022	18/03/2023	21/03/2023	Dutch	PDF
Abridged model	30/09/2021	16/03/2022	17/03/2022	Dutch	PDF
Abridged model	30/09/2020	13/03/2021	19/03/2021	Dutch	PDF
Abridged model	30/09/2019	14/03/2020	17/03/2020	Dutch	PDF
Abridged model	30/09/2018	16/03/2019	19/03/2019	Dutch	PDF
Abridged model	30/09/2017	17/03/2018	20/03/2018	Dutch	PDF
Abridged model	30/09/2016	18/03/2017	19/03/2017	Dutch	PDF
Abridged model	30/09/2015	19/03/2016	21/03/2016	Dutch	PDF
Abridged model	30/09/2014	14/03/2015	16/03/2015	Dutch	PDF
Abridged model	30/09/2013	15/03/2014	18/03/2014	Dutch	PDF
Abridged model	30/09/2012	16/03/2013	18/03/2013	Dutch	PDF
Abridged model	30/09/2011	17/03/2012	19/03/2012	Dutch	PDF
Abridged model	30/09/2010	19/03/2011	29/03/2011	Dutch	PDF
Abridged model	30/09/2009	20/03/2010	23/03/2010	Dutch	PDF
Abridged model	30/09/2008	21/03/2009	26/03/2009	Dutch	PDF
Abridged model	30/09/2007	15/03/2008	21/04/2008	Dutch	PDF
Abridged model	30/09/2006	17/03/2007	29/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 5 ended

Active mandates

ESDR

Director · since 01 octobre 2023 · 0800.112.022

Represented by Scharpé Ellen

Active

Ended mandates

Alberik Scharpé

Mandate

Ended

Ellen Scharpé

Mandate

Ended

ESDR

Director · 0800.112.022

Represented by Scharpé ELLEN

Ended

Hilda Demuynck

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/11/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/12/2014
DOEL - KAPITAAL - AANDELEN
PDF
Mandates18/06/2010
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares18/02/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/10/2003
ONTSLAGEN - BENOEMINGEN
PDF
Other05/03/2003
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202533,5 k €↓
2024
Annual accounts 202459,5 k €↑
2023
Annual accounts 202353,9 k €↓
2022
Annual accounts 202261 k €↑
2021
Annual accounts 202136,8 k €↓
2020
Annual accounts 202086 k €↑
2019
Annual accounts 201976,1 k €↑
2018
Annual accounts 201852,1 k €↓
2017
Annual accounts 201761,1 k €↓
2016
Annual accounts 201667,3 k €↑
2015
Annual accounts 201559,2 k €↓
2014
Annual accounts 201469,4 k €↓
2013
Annual accounts 201374,6 k €↑
2012
Annual accounts 201253,7 k €↓
2011
Annual accounts 201165,1 k €↓
2010
Annual accounts 201074,4 k €↑
2009
Annual accounts 200960,9 k €↓
2008
Annual accounts 200864 k €↑
2007
Annual accounts 200745,6 k €
24/02/2003
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

HDS - FARMA

Overview

What does HDS - FARMA do?

Trend over 19 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