ACTIVE

GS PHARMA

Financial year 2025 · closed on 31/12/2025
Net result
124 k €
+692.7% YoY
Gross margin
299,3 k €
+66.2% YoY
Equity
148,4 k €
+0.0% YoY
Workforce
2,0 ETP
+11.1% YoY

What does GS PHARMA do?

GS PHARMA is a Private limited company incorporated in 2012. Its main activity is: Dispensing chemist in specialised stores. Its registered office is in Dilbeek. It employs on average 2,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0848.422.277
Incorporation
04/09/2012
Legal form
Private limited company
Registered office
Brusselstraat 5
1702 Dilbeek · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Joint committees (1)
  • 313
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin299,3 k €180,1 k €189,3 k €182,8 k €164,9 k €168,8 k €159,4 k €223,5 k €205,4 k €240,4 k €168,8 k €145,3 k €172,2 k €
EBITDA158,9 k €54,2 k €66,7 k €64,2 k €57,3 k €63,2 k €76,5 k €140,6 k €140,7 k €182 k €140 k €145 k €95,7 k €
Operating result135 k €29,1 k €41,1 k €9,4 k €-11,6 k €-6 k €6,7 k €70,2 k €72,2 k €134,1 k €92,1 k €98,2 k €35,7 k €
Net result124 k €15,6 k €31,2 k €2,3 k €-21,1 k €-15 k €-2,5 k €57,7 k €64,4 k €94,1 k €64 k €76,5 k €15 k €
Balance sheet
Equity148,4 k €148,4 k €147,7 k €126,5 k €124,1 k €145,3 k €160,3 k €162,8 k €160 k €159,6 k €95,5 k €56,5 k €35 k €
Total assets796,9 k €801,8 k €759,1 k €802,2 k €776,6 k €835,4 k €806,6 k €864,4 k €919,3 k €606,8 k €581,4 k €589,1 k €594,9 k €
Cash17,1 k €62,2 k €55,2 k €63,1 k €23,9 k €38,5 k €25,4 k €19,4 k €54,2 k €40,7 k €27,7 k €66,2 k €53,2 k €
Debts646,1 k €650 k €608,4 k €672,9 k €649,9 k €687,6 k €643 k €699,1 k €756,8 k €444,8 k €483,4 k €530,2 k €557,5 k €
Other
Workforce2,0 ETP1,8 ETP18,0 ETP1,8 ETP1,8 ETP1,9 ETP1,6 ETP1,3 ETP1,3 ETP1,0 ETP0,4 ETP0,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

MSP INVEST

Director · 0847.972.515

Represented by Philippe Robert Germonpré

Active

Ended mandates

GS PHARMA

Director · since 22 mai 2023 · 0848.422.277

Represented by Philippe Germonpré

Ended
MSP INVEST

Manager · 0847.972.515

Represented by Philippe Germonpre

Ended
MSP INVEST

Director · 0847.972.515

Represented by Philippe Germonpré

Ended
MSP INVEST

Manager · 0847.972.515

Represented by Philippe Germonpre

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 date20/06/202616/10/202528/08/202426/07/202330/08/202219/08/2021
General meeting29/05/202630/05/202531/05/202416/06/202327/05/202228/05/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202620/06/2026DutchPDF
Abridged model31/12/202430/05/202516/10/2025DutchPDF
Abridged model31/12/202331/05/202428/08/2024DutchPDF
Abridged model31/12/202216/06/202326/07/2023DutchPDF
Abridged model31/12/202127/05/202230/08/2022DutchPDF
Abridged model31/12/202028/05/202119/08/2021DutchPDF
Abridged model31/12/201928/08/202002/10/2020DutchPDF
Abridged model31/12/201831/05/201919/08/2019DutchPDF
Abridged model31/12/201715/06/201812/07/2018DutchPDF
Abridged model31/12/201616/06/201717/08/2017DutchPDF
Abridged model31/12/201527/05/201607/07/2016DutchPDF
Abridged model31/12/201419/06/201513/08/2015DutchPDF
Abridged model31/12/201320/06/201411/08/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 4 ended

Active mandates

MSP INVEST

Director · 0847.972.515

Represented by Philippe Robert Germonpré

Active

Ended mandates

GS PHARMA

Director · since 22 mai 2023 · 0848.422.277

Represented by Philippe Germonpré

Ended
MSP INVEST

Manager · 0847.972.515

Represented by Philippe Germonpre

Ended
MSP INVEST

Director · 0847.972.515

Represented by Philippe Germonpré

Ended
MSP INVEST

Manager · 0847.972.515

Represented by Philippe Germonpre

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/05/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other06/09/2012
    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

Timeline

  1. 2025
    Annual accounts 2025124 k €
  2. 2024
    Annual accounts 202415,6 k €
  3. 2023
    Annual accounts 202331,2 k €
  4. 2022
    Annual accounts 20222,3 k €
  5. 2021
    Annual accounts 2021-21,1 k €
  6. 2020
    Annual accounts 2020-15 k €
  7. 2019
    Annual accounts 2019-2,5 k €
  8. 2018
    Annual accounts 201857,7 k €
  9. 2017
    Annual accounts 201764,4 k €
  10. 2016
    Annual accounts 201694,1 k €
  11. 2015
    Annual accounts 201564 k €
  12. 2014
    Annual accounts 201476,5 k €
  13. 2013
    Annual accounts 201315 k €
  14. 04/09/2012
    IncorporationPrivate limited company