ACTIVE

Orifarm Belgium

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Financial year 2024 · Closed on 31/12/2024

Net result175,1 k €+148,9 %over 1 year
Gross margin779,7 k €+62,6 %over 1 year
Equity352 k €+98,9 %over 1 year
Workforce2,1 ETP+40,0 %over 1 year

Identity

Source · BCE/KBO

Orifarm Belgium is a Private limited company incorporated in 2019. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Gent. It employs on average 2,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0736.472.401
Incorporation
16/10/2019
Legal form
Private limited company
Registered office
Gaston Crommenlaan 8
9050 Gent · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2024
Average workforce
2,1 ETP
Joint committees (2)
  • 207
  • 20700
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 6 filings

Trend over 5 financial years

20242023202220212020
Income statement
Gross margin779,7 k €479,4 k €541,6 k €372,1 k €205,7 k €
EBITDA456,7 k €274 k €228,3 k €121,7 k €43,9 k €
Operating result271,4 k €128,1 k €112,8 k €62 k €26,4 k €
Net result175,1 k €70,3 k €46,9 k €37,2 k €12,5 k €
Balance sheet
Equity352 k €177 k €106,7 k €59,7 k €22,5 k €
Total assets5,7 M €2 M €2,1 M €2,2 M €1,1 M €
Cash0 €209,4 k €0 €13,6 k €68,3 k €
Debts4 M €1,6 M €1,7 M €1,6 M €1 M €
Other
Workforce2,1 ETP1,5 ETP2,2 ETP1,5 ETP1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 1 ended

Active mandates

Mads Fink Eriksen

Director · since 24 juin 2025

Active
Thomas Brandhof

Director · since 16 octobre 2019

Active

Ended mandates

Erik Sandberg

Director · since 16 octobre 2019

Ended

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Full financial information

Source · NBB
20242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202116/10/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months15 months
Filing date14/07/202516/12/202421/11/202306/02/202326/04/2022
General meeting11/07/202513/12/202431/10/202331/01/202308/04/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202411/07/202514/07/2025DutchPDF
Abridged model31/12/202313/12/202416/12/2024DutchPDF
Abridged model31/12/202231/10/202321/11/2023DutchPDF
Abridged model31/12/202131/01/202306/02/2023DutchPDF
Abridged modelCorrection31/12/202008/04/202226/04/2022DutchPDF
Abridged model31/12/202031/07/202130/08/2021DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 1 ended

Active mandates

Mads Fink Eriksen

Director · since 24 juin 2025

Active
Thomas Brandhof

Director · since 16 octobre 2019

Active

Ended mandates

Erik Sandberg

Director · since 16 octobre 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/10/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Registered office20/12/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates12/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/10/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024175,1 k €↑
  2. 2023
    Annual accounts 202370,3 k €↑
  3. 2022
    Annual accounts 202246,9 k €↑
  4. 2021
    Annual accounts 202137,2 k €↑
  5. 2020
    Annual accounts 202012,5 k €
  6. 16/10/2019
    IncorporationPrivate limited company