ACTIVE

Smart Pharma

Financial year 2025 · closed on 31/12/2025
Net result
-37,3 k €
+3.0% YoY
Gross margin
55,9 k €
-13.6% YoY
Equity
84,1 k €
-30.7% YoY
Workforce
1,1 ETP
+10.0% YoY

What does Smart Pharma do?

Smart Pharma is a Private company with limited liability incorporated in 2015. Its registered office is in Ixelles. It employs on average 1,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0588.980.436
Incorporation
29/01/2015
Legal form
Private company with limited liability
Registered office
Chaussée de Waterloo 606A
1050 Ixelles · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
1,1 ETP
Joint committees (1)
  • 313
Signals
Healthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin55,9 k €64,6 k €103,7 k €97,2 k €107,4 k €124 k €109,3 k €90,4 k €103,2 k €65,7 k €61,8 k €
EBITDA-18 k €-4,3 k €41,9 k €34,7 k €68,5 k €124 k €109,3 k €90,3 k €103,2 k €62,9 k €60,1 k €
Operating result-29,6 k €-30,2 k €8,4 k €8,1 k €42,4 k €98 k €72,5 k €54 k €69 k €29,8 k €-15,9 k €
Net result-37,3 k €-38,4 k €-536,3 €-1,1 k €24,7 k €75,2 k €50,7 k €29,5 k €40,9 k €19,1 k €-24,9 k €
Balance sheet
Equity84,1 k €121,4 k €159,8 k €160,3 k €161,4 k €136,7 k €97,5 k €70,7 k €41,3 k €408,5 €-18,7 k €
Total assets483,5 k €490,6 k €503,9 k €549,6 k €595,1 k €648,1 k €655,1 k €686,4 k €578,8 k €582,1 k €577,2 k €
Cash15,2 k €9,9 k €16,9 k €28,2 k €55,3 k €20,7 k €42,2 k €34,7 k €21,7 k €25,7 k €26,1 k €
Debts397,8 k €367,5 k €344,1 k €389,2 k €433,7 k €511,4 k €557,7 k €615,3 k €536,4 k €581,7 k €595,9 k €
Other
Workforce1,1 ETP1,0 ETP1,0 ETP1,0 ETP0,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

ROZENTAL & HERMAN

Director · since 01 avril 2023 · 0766.880.119

Represented by Philippe HERMAN

Active

Ended mandates

LMP PHARMA

Director · since 31 mars 2023 · 0698.689.218

Represented by LAURENT MENDOZA

Ended
LMP PHARMA

Director · since 31 août 2018 · until 31 mars 2023 · 0698.689.218

Represented by LAURENT MENDOZA

Ended
LMP PHARMA

Manager · since 31 août 2018 · 0698.689.218

Represented by LAURENT MENDOZA

Ended
LAURENT MENDOZA

Manager · since 29 janvier 2015 · until 31 août 2018

Ended
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 date24/08/202630/07/202522/08/202430/08/202327/07/202224/06/2021
General meeting29/05/202630/05/202531/05/202426/05/202327/05/202228/05/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202624/08/2026FrenchPDF
Abridged model31/12/202430/05/202530/07/2025FrenchPDF
Abridged model31/12/202331/05/202422/08/2024FrenchPDF
Abridged model31/12/202226/05/202330/08/2023FrenchPDF
Abridged model31/12/202127/05/202227/07/2022FrenchPDF
Abridged model31/12/202028/05/202124/06/2021FrenchPDF
Abridged model31/12/201929/05/202026/06/2020FrenchPDF
Abridged model31/12/201831/05/201919/07/2019FrenchPDF
Abridged model31/12/201725/05/201827/06/2018FrenchPDF
Abridged model31/12/201626/05/201703/07/2017FrenchPDF
Abridged model31/12/201527/05/201624/08/2016FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025 · 1 active · 9 ended

Active mandates

ROZENTAL & HERMAN

Director · since 01 avril 2023 · 0766.880.119

Represented by Philippe HERMAN

Active

Ended mandates

LMP PHARMA

Director · since 31 mars 2023 · 0698.689.218

Represented by LAURENT MENDOZA

Ended
LMP PHARMA

Director · since 31 août 2018 · until 31 mars 2023 · 0698.689.218

Represented by LAURENT MENDOZA

Ended
LMP PHARMA

Manager · since 31 août 2018 · 0698.689.218

Represented by LAURENT MENDOZA

Ended
LAURENT MENDOZA

Manager · since 29 janvier 2015 · until 31 août 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/05/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/07/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Other02/02/2015
    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 2025-37,3 k €
  2. 2024
    Annual accounts 2024-38,4 k €
  3. 2023
    Annual accounts 2023-536,3 €
  4. 2022
    Annual accounts 2022-1,1 k €
  5. 2021
    Annual accounts 202124,7 k €
  6. 2020
    Annual accounts 202075,2 k €
  7. 2019
    Annual accounts 201950,7 k €
  8. 2018
    Annual accounts 201829,5 k €
  9. 2017
    Annual accounts 201740,9 k €
  10. 2016
    Annual accounts 201619,1 k €
  11. 2015
    Annual accounts 2015-24,9 k €
  12. 29/01/2015
    IncorporationPrivate company with limited liability