FARMASO
0866.899.985 · rovalta.com · 23/09/2026
ACTIVE
FARMASO
Financial year 2025 · closed on 31/12/2025
Net result
23 k €
+14.2% YoY
Gross margin
38,3 k €
+29.6% YoY
Equity
279,3 k €
+9.0% YoY
Overview
What does FARMASO do?
FARMASO is a Private limited company incorporated in 2004. Its registered office is in Tienen.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0866.899.985
Incorporation
05/08/2004
Legal form
Private limited company
Registered office
Gilainstraat 37
3300 Tienen · FlandreSee on map
3300 Tienen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Joint committees (1)
- 313
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 16 financial years
| 2025 | 2024 | 2023 | 2022 | 2018 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||
| Gross margin | 38,3 k € | +29.6% | 29,6 k € | -22.4% | 38,1 k € | -13.6% | 44,1 k € | +98.9% | 22,2 k € | -18.5% | 27,2 k € | -15.3% | 32,1 k € | +2.6% | 31,3 k € | -20.0% | 39,2 k € | -1.2% | 39,7 k € | +15.8% | 34,3 k € | -14.8% | 40,2 k € | +11.5% | 36,1 k € | +2162% | 1,6 k € | -93.0% | 22,7 k € | +12.4% | 20,2 k € |
| EBITDA | 37,9 k € | +29.9% | 29,2 k € | -22.6% | 37,7 k € | -13.8% | 43,8 k € | +121% | 19,8 k € | -24.0% | 26,1 k € | -15.9% | 31 k € | +2.6% | 30,2 k € | -20.7% | 38,1 k € | +1.1% | 37,7 k € | +11.3% | 33,8 k € | -15.1% | 39,9 k € | +11.6% | 35,7 k € | +2764% | 1,2 k € | -94.4% | 22,3 k € | +17.2% | 19 k € |
| Operating result | 36,9 k € | +31.0% | 28,2 k € | -23.6% | 36,9 k € | -13.0% | 42,4 k € | +304% | 10,5 k € | -35.8% | 16,3 k € | -19.8% | 20,4 k € | +69.3% | 12 k € | -23.3% | 15,7 k € | -2.4% | 16,1 k € | -14.2% | 18,7 k € | -26.2% | 25,4 k € | +84.6% | 13,8 k € | +156% | -24,8 k € | -586% | -3,6 k € | +47.6% | -6,9 k € |
| Net result | 23 k € | +14.2% | 20,1 k € | -23.9% | 26,4 k € | -5.9% | 28,1 k € | +616% | 3,9 k € | -55.4% | 8,8 k € | -38.4% | 14,3 k € | +89.3% | 7,6 k € | -37.0% | 12 k € | +67.9% | 7,1 k € | -62.3% | 19 k € | -27.8% | 26,2 k € | +81.7% | 14,4 k € | +157% | -25,6 k € | -267% | -7 k € | +7.8% | -7,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||
| Equity | 279,3 k € | +9.0% | 256,3 k € | +6.7% | 240,1 k € | -0.4% | 241 k € | +195% | 81,6 k € | +38.3% | 59 k € | +17.5% | 50,2 k € | +39.8% | 35,9 k € | +26.6% | 28,4 k € | +73.2% | 16,4 k € | +77.3% | 9,2 k € | +195% | -9,7 k € | +79.9% | -48,4 k € | +23.0% | -62,8 k € | -68.6% | -37,2 k € | -23.0% | -30,3 k € |
| Total assets | 293,8 k € | +11.2% | 264,2 k € | +4.6% | 252,7 k € | -6.9% | 271,4 k € | +38.7% | 195,6 k € | -3.5% | 202,8 k € | +2.2% | 198,4 k € | -7.2% | 213,7 k € | -10.8% | 239,6 k € | -10.1% | 266,4 k € | -10.4% | 297,3 k € | +85.7% | 160,1 k € | +3.0% | 155,5 k € | -5.1% | 163,9 k € | -16.2% | 195,5 k € | -17.6% | 237,2 k € |
| Cash | 142,2 k € | +28.0% | 111 k € | +12.7% | 98,5 k € | -13.6% | 114,1 k € | +511% | 18,7 k € | -41.4% | 31,9 k € | +65.1% | 19,3 k € | -22.8% | 25 k € | +4.5% | 23,9 k € | -38.6% | 38,9 k € | -26.4% | 52,9 k € | +13.0% | 46,8 k € | +47.1% | 31,8 k € | +8.9% | 29,2 k € | +27.6% | 22,9 k € | -35.1% | 35,3 k € |
| Debts | 14,6 k € | +83.4% | 7,9 k € | -37.0% | 12,6 k € | -58.5% | 30,3 k € | -73.4% | 114 k € | -20.7% | 143,8 k € | -3.0% | 148,2 k € | -16.6% | 177,7 k € | -15.9% | 211,2 k € | -15.5% | 250 k € | -13.2% | 288 k € | +69.6% | 169,8 k € | -16.7% | 203,8 k € | -10.1% | 226,7 k € | -2.6% | 232,8 k € | -13.0% | 267,5 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 4 ended
Active mandates
Sophie Van Molhem
ActiveEnded mandates
Sophie Van Molhem
EndedSophie Van Molhem
EndedSophie Van Molhem
EndedSophie VAN MOLHEM
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
APOTHEEK GILAIN● Active | 0746.508.634 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 15/04/2026 | 25/03/2025 | 25/03/2024 | 20/06/2023 | 17/03/2022 | 29/07/2021 |
| General meeting | 13/04/2026 | 24/03/2025 | 18/03/2024 | 02/06/2023 | 14/03/2022 | 25/05/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 13/04/2026 | 15/04/2026 | Dutch | |
| Micro model | 31/12/2024 | 24/03/2025 | 25/03/2025 | Dutch | |
| Micro model | 31/12/2023 | 18/03/2024 | 25/03/2024 | Dutch | |
| Micro model | 31/12/2022 | 02/06/2023 | 20/06/2023 | Dutch | |
| Micro model | 31/12/2021 | 14/03/2022 | 17/03/2022 | Dutch | |
| Abridged model | 31/12/2020 | 25/05/2021 | 29/07/2021 | Dutch | |
| Micro model | 31/12/2019 | 29/05/2020 | 13/07/2020 | Dutch | |
| Micro model | 31/12/2018 | 31/05/2019 | 01/07/2019 | Dutch | |
| Micro model | 31/12/2017 | 28/06/2018 | 02/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 26/05/2017 | 27/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 27/05/2016 | 14/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 29/05/2015 | 25/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 02/06/2014 | 27/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 10/06/2013 | 04/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 25/05/2012 | 19/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 30/06/2011 | 26/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 28/05/2010 | 08/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 29/05/2009 | 09/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 30/05/2008 | 30/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 15/06/2007 | 05/07/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 4 ended
Active mandates
Sophie Van Molhem
ActiveEnded mandates
Sophie Van Molhem
EndedSophie Van Molhem
EndedSophie Van Molhem
EndedSophie VAN MOLHEM
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202523 k €↑
- 2024Annual accounts 202420,1 k €↓
- 2023Annual accounts 202326,4 k €↓
- 2022Annual accounts 202228,1 k €↑
- 2018Annual accounts 20183,9 k €↓
- 2016Annual accounts 20168,8 k €↓
- 2015Annual accounts 201514,3 k €↑
- 2014Annual accounts 20147,6 k €↓
- 2013Annual accounts 201312 k €↑
- 2012Annual accounts 20127,1 k €↓
- 2011Annual accounts 201119 k €↓
- 2010Annual accounts 201026,2 k €↑
- 2009Annual accounts 200914,4 k €↑
- 2008Annual accounts 2008-25,6 k €↓
- 2007Annual accounts 2007-7 k €↑
- 2006Annual accounts 2006-7,6 k €
- 05/08/2004IncorporationPrivate limited company