ACTIVE

Solidpharma

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Financial year 2025 · closed on 31/05/2025
Net result
163,7 k €
+1024.6% YoY
Gross margin
1,1 M €
+38.3% YoY
Equity
733,2 k €
+28.7% YoY
Workforce
6,0 ETP
-13.0% YoY

What does Solidpharma do?

Solidpharma is a Private limited company incorporated in 2010. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Gent. It employs on average 6,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0826.168.103
Incorporation
19/05/2010
Legal form
Private limited company
Registered office
Heistraat 16
9052 Gent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/05/2025
Average workforce
6,0 ETP
Activities (NACE)
46460Wholesale of pharmaceutical goods· main46460Wholesale of pharmaceutical goods47740Retail sale of medical and orthopaedic goods in specialised stores47741Retail sale of medical and orthopaedic goods in specialised stores47730Dispensing chemist in specialised stores47730Dispensing chemist in specialised stores
Joint committees (2)
  • 2000
  • 20018
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232021202020192018201720162015201420122011
Income statement
Gross margin1,1 M €824,4 k €1,1 M €484,2 k €1 M €748,3 k €483,8 k €336 k €371,8 k €256,8 k €228,4 k €41,5 k €-27,4 k €
EBITDA524,9 k €256 k €422,6 k €281,2 k €921,7 k €586,5 k €339,6 k €274,9 k €322,8 k €208,5 k €184 k €35,7 k €-28,3 k €
Operating result353,9 k €94,2 k €343 k €259,1 k €906,1 k €551,3 k €299,9 k €239 k €289,2 k €181 k €163,3 k €29,5 k €-29,9 k €
Net result163,7 k €14,6 k €228,7 k €180,6 k €670,2 k €386,1 k €203,3 k €148,8 k €179,1 k €98,8 k €101,5 k €27,4 k €-32,9 k €
Balance sheet
Equity733,2 k €569,5 k €554,9 k €326,2 k €885,6 k €1,1 M €694,3 k €491,1 k €387,6 k €223,5 k €139,7 k €57,4 k €30,1 k €
Total assets2,3 M €2,2 M €2,2 M €1,6 M €2,2 M €1,2 M €857 k €697,2 k €545,5 k €400,6 k €234,4 k €89,7 k €53,9 k €
Cash296,5 k €154,6 k €327,2 k €475 k €1,3 M €834,4 k €580,9 k €502,3 k €247,2 k €169,7 k €102,3 k €14,8 k €5,5 k €
Debts1,5 M €1,6 M €1,6 M €1,3 M €1,3 M €146,3 k €162,6 k €206,2 k €157,9 k €177,1 k €94,7 k €27,2 k €23,3 k €
Other
Workforce6,0 ETP6,9 ETP5,6 ETP2,7 ETP1,3 ETP2,5 ETP2,7 ETP1,0 ETP1,0 ETP1,0 ETP1,0 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 31/05/2025 · 1 active · 9 ended

Active mandates

Namalno

Director · since 14 juillet 2020 · 0749.653.018

Represented by Rogge FABRICE.

Active

Ended mandates

Namalno

Director · since 14 juillet 2020 · 0749.653.018

Represented by Rogge FABRICE

Ended
Cindy Vanderschrieck

Director · since 30 mai 2013 · until 13 juillet 2020

Ended
Erik Michiels

Director · since 30 mai 2013 · until 13 juillet 2020

Ended
CINDY VANDERSCHRIECK

Manager · since 24 avril 2013

Ended
At this address

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Annual accounts

Full financial information

202520242023202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/06/202401/06/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/05/202531/05/202431/05/202331/12/202131/12/202031/12/2019
Length of the financial year12 months12 months17 months12 months12 months12 months
Filing date03/01/202606/01/202503/01/202431/08/202230/08/202115/05/2020
General meeting12/11/202512/11/202414/11/202317/05/202218/05/202101/04/2020
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/05/202512/11/202503/01/2026DutchPDF
Abridged model31/05/202412/11/202406/01/2025DutchPDF
Abridged model31/05/202314/11/202303/01/2024DutchPDF
Abridged model31/12/202117/05/202231/08/2022DutchPDF
Abridged model31/12/202018/05/202130/08/2021DutchPDF
Abridged model31/12/201901/04/202015/05/2020DutchPDF
Abridged model31/12/201821/05/201906/06/2019DutchPDF
Abridged model31/12/201715/05/201808/06/2018DutchPDF
Abridged model31/12/201606/07/201723/08/2017DutchPDF
Abridged model31/12/201517/05/201620/05/2016DutchPDF
Abridged model31/12/201415/06/201523/06/2015DutchPDF
Abridged model31/12/201320/05/201404/06/2014DutchPDF
Abridged model31/12/201207/06/201326/06/2013DutchPDF
Abridged modelCorrection31/12/201130/06/201227/08/2012DutchPDF
Abridged model31/12/201130/06/201223/07/2012DutchPDF
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 31/05/2025 · 1 active · 9 ended

Active mandates

Namalno

Director · since 14 juillet 2020 · 0749.653.018

Represented by Rogge FABRICE.

Active

Ended mandates

Namalno

Director · since 14 juillet 2020 · 0749.653.018

Represented by Rogge FABRICE

Ended
Cindy Vanderschrieck

Director · since 30 mai 2013 · until 13 juillet 2020

Ended
Erik Michiels

Director · since 30 mai 2013 · until 13 juillet 2020

Ended
CINDY VANDERSCHRIECK

Manager · since 24 avril 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other11/01/2023
    WIJZIGING RECHTSVORM - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates27/07/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Court decision17/01/2018
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Restructuring28/06/2013
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring03/04/2013
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates15/09/2011
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/01/2011
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/01/2011
    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 2025163,7 k €↑
  2. 2024
    Annual accounts 202414,6 k €↓
  3. 2023
    Annual accounts 2023228,7 k €↑
  4. 2021
    Annual accounts 2021180,6 k €↓
  5. 2020
    Annual accounts 2020670,2 k €↑
  6. 2019
    Annual accounts 2019386,1 k €↑
  7. 2018
    Annual accounts 2018203,3 k €↑
  8. 2017
    Annual accounts 2017148,8 k €↓
  9. 2016
    Annual accounts 2016179,1 k €↑
  10. 2015
    Annual accounts 201598,8 k €↓
  11. 2014
    Annual accounts 2014101,5 k €↑
  12. 2012
    Annual accounts 201227,4 k €↑
  13. 2011
    Annual accounts 2011-32,9 k €
  14. 19/05/2010
    IncorporationPrivate limited company