ACTIVE

ExpansionPharma

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Financial year 2025 · closed on 31/12/2025
Net result
500,2 k €
+52.2% YoY
Gross margin
973,2 k €
+53.0% YoY
Equity
6,6 M €
+8.2% YoY
Workforce
4,8 ETP
+60.0% YoY

What does ExpansionPharma do?

ExpansionPharma is a Private limited company incorporated in 2013. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Arlon. It employs on average 4,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0536.620.925
Incorporation
10/07/2013
Legal form
Private limited company
Registered office
Rue de l'Abattoir 1
6700 Arlon · WallonieSee on map
Contributed capital
4 857 001,52 €
Latest accounts
31/12/2025
Average workforce
4,8 ETP
Activities (NACE)
46460Wholesale of pharmaceutical goods· main46460Wholesale of pharmaceutical goods64200Activities of holding companies64210Activities of holding companies46460Wholesale of pharmaceutical goods46460Wholesale of pharmaceutical goods
Joint committees (4)
  • 100
  • 200
  • 210
  • 313
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021201920182017201620152014
Income statement
Gross margin973,2 k €636 k €265,4 k €33,9 k €-23,5 k €-6,2 k €8,4 k €50 k €-16,5 k €-5,2 k €-3 k €
EBITDA795,5 k €480,4 k €132,1 k €-25,7 k €-27,4 k €-7,6 k €7,1 k €-5,9 k €-17,6 k €-5,6 k €-3,4 k €
Operating result737,4 k €436,6 k €99,1 k €-37,4 k €-30,8 k €-13,5 k €1,2 k €-6,8 k €-17,6 k €-5,6 k €-5,3 k €
Net result500,2 k €328,8 k €390,7 k €72,1 k €-48,9 k €76 k €15,5 k €83,9 k €162,6 k €184,4 k €-31,7 k €
Balance sheet
Equity6,6 M €6,1 M €5,7 M €5,4 M €5,3 M €5,3 M €5,3 M €5,3 M €5,2 M €159 k €-25,5 k €
Total assets9,9 M €9,6 M €9,4 M €7,7 M €7,2 M €6,9 M €6,8 M €6,7 M €6,4 M €924,8 k €918,7 k €
Cash57,3 k €36 k €35,5 k €1 k €2,3 k €682,2 €1,8 k €32,8 k €6,5 k €16,4 k €10,3 k €
Debts3,3 M €3,4 M €3,6 M €2,3 M €1,9 M €1,6 M €1,5 M €1,5 M €1,2 M €765,8 k €944,2 k €
Other
Workforce4,8 ETP3,0 ETP2,1 ETP0,5 ETP0,0 ETP––1,3 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 · 2 active · 2 ended

Active mandates

Joëlle Denis

Director

Active
Olivier GROFFY

Director

Active

Ended mandates

JOELLE DENIS

Mandate

Ended
OLIVIER GROFFY

Mandate

Ended
At this address

Other companies at this address

CompanyCBE no.
DYNAMIC PHARMA● Active
0831.334.045
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 date20/08/202620/05/202519/08/202425/07/202318/08/202202/07/2021
General meeting14/08/202624/04/202511/07/202426/06/202311/07/202226/06/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202514/08/202620/08/2026FrenchPDF
Abridged model31/12/202424/04/202520/05/2025FrenchPDF
Abridged model31/12/202311/07/202419/08/2024FrenchPDF
Abridged model31/12/202226/06/202325/07/2023FrenchPDF
Abridged model31/12/202111/07/202218/08/2022FrenchPDF
Abridged model31/12/202026/06/202102/07/2021FrenchPDF
Abridged model31/12/201927/06/202028/08/2020FrenchPDF
Abridged model31/12/201830/08/201930/08/2019FrenchPDF
Abridged model31/12/201725/09/201828/09/2018FrenchPDF
Abridged model31/12/201606/07/201730/08/2017FrenchPDF
Abridged model31/12/201520/07/201616/08/2016FrenchPDF
Abridged model31/12/201410/07/201528/08/2015FrenchPDF
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 · 2 active · 2 ended

Active mandates

Joëlle Denis

Director

Active
Olivier GROFFY

Director

Active

Ended mandates

JOELLE DENIS

Mandate

Ended
OLIVIER GROFFY

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/09/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office04/05/2018
    SIEGE SOCIAL
    PDF
  • Capital / shares18/01/2017
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other19/07/2013
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, 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

Timeline

  1. 2025
    Annual accounts 2025500,2 k €↑
  2. 2024
    Annual accounts 2024328,8 k €↓
  3. 2023
    Annual accounts 2023390,7 k €↑
  4. 2022
    Annual accounts 202272,1 k €↑
  5. 2021
    Annual accounts 2021-48,9 k €↓
  6. 2019
    Annual accounts 201976 k €↑
  7. 2018
    Annual accounts 201815,5 k €↓
  8. 2017
    Annual accounts 201783,9 k €↓
  9. 2016
    Annual accounts 2016162,6 k €↓
  10. 2015
    Annual accounts 2015184,4 k €↑
  11. 2014
    Annual accounts 2014-31,7 k €
  12. 10/07/2013
    IncorporationPrivate limited company