ACTIVE

ESPIDEC

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Financial year 2025 · closed on 31/12/2025

Net result

228 k €

+13.8% YoY

Gross margin

671,9 k €

+4.0% YoY

Equity

1,4 M €

+17.8% YoY

Workforce

3,3 ETP

-8.3% YoY

What does ESPIDEC do?

ESPIDEC is a Private limited company incorporated in 2008. Its main activity is: Dispensing chemist in specialised stores. Its registered office is in Sint-Genesius-Rode. It employs on average 3,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0896.802.612

Incorporation

31/03/2008

Legal form

Private limited company

Registered office

Avenue de la Forêt de Soignes 361
1640 Sint-Genesius-Rode · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Average workforce

3,3 ETP

Activities (NACE)

47730Dispensing chemist in specialised stores· main 47730Dispensing chemist in specialised stores

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	671,9 k €	+4.0%	645,9 k €	+31.5%	491 k €	-27.0%	672,5 k €	+6.0%	634,6 k €	-1.5%	643,9 k €	+29.8%	495,9 k €	-0.6%	498,7 k €	-5.1%	525,5 k €	-2.0%	536 k €	-4.4%	560,6 k €	-12.6%	641,6 k €	+12.4%	571 k €	+10.5%	516,9 k €	+2.6%	503,6 k €	+7.8%	467,1 k €	+1.7%	459,2 k €	+30.0%	353,4 k €
EBITDA	429,7 k €	+6.5%	403,5 k €	+60.5%	251,4 k €	-38.5%	408,9 k €	-0.7%	411,6 k €	-13.6%	476,4 k €	+50.2%	317,1 k €	-1.8%	322,9 k €	+13.8%	283,7 k €	+0.1%	283,3 k €	-9.1%	311,6 k €	+11.6%	279,1 k €	+9.3%	255,3 k €	+19.8%	213,2 k €	+6.1%	200,8 k €	+14.4%	175,5 k €	+14.6%	153,1 k €	+50.1%	102 k €
Operating result	319,3 k €	+11.6%	286,2 k €	+54.7%	185 k €	-49.5%	366,7 k €	+4.5%	350,9 k €	-17.0%	422,7 k €	+61.9%	261 k €	+4.9%	248,9 k €	+64.8%	151 k €	-0.1%	151,1 k €	-13.7%	175,2 k €	+18.9%	147,4 k €	+9.0%	135,3 k €	+47.6%	91,6 k €	+14.0%	80,4 k €	+22.4%	65,7 k €	+57.0%	41,8 k €	+112%	19,8 k €
Net result	228 k €	+13.8%	200,4 k €	+63.1%	122,9 k €	-56.5%	282,2 k €	+4.0%	271,3 k €	-13.2%	312,6 k €	+77.3%	176,3 k €	+8.2%	163 k €	+77.8%	91,7 k €	+4.3%	87,9 k €	+9.7%	80,1 k €	+16.3%	68,9 k €	+2.8%	67 k €	+78.5%	37,5 k €	+37.4%	27,3 k €	+58.9%	17,2 k €	+725%	-2,8 k €	-271%	1,6 k €
Balance sheet
Equity	1,4 M €	+17.8%	1,2 M €	+18.2%	991 k €	+14.2%	868,1 k €	+46.6%	592,3 k €	+40.3%	422,3 k €	+158%	163,9 k €	-3.9%	170,6 k €	-64.7%	482,7 k €	+23.4%	391 k €	+29.0%	303,1 k €	+35.9%	223 k €	+44.7%	154,2 k €	+76.9%	87,1 k €	+75.7%	49,6 k €	+123%	22,3 k €	+340%	5,1 k €	-35.2%	7,8 k €
Total assets	2,3 M €	+5.2%	2,2 M €	+1.1%	2,2 M €	+2.7%	2,1 M €	+15.5%	1,8 M €	+11.3%	1,6 M €	+2.8%	1,6 M €	+8.8%	1,5 M €	+6.3%	1,4 M €	-9.2%	1,5 M €	-7.9%	1,6 M €	-3.6%	1,7 M €	-4.0%	1,8 M €	-3.1%	1,8 M €	-7.4%	2 M €	-3.3%	2,1 M €	-5.2%	2,2 M €	-4.7%	2,3 M €
Cash	134,4 k €	-37.8%	216,2 k €	+22.6%	176,3 k €	-23.7%	231,1 k €	-36.2%	362,1 k €	+150%	145,1 k €	+95.2%	74,3 k €	-12.0%	84,5 k €	+26.7%	66,7 k €	-37.3%	106,4 k €	+11.3%	95,6 k €	-7.3%	103,1 k €	-27.4%	142,1 k €	+28.6%	110,5 k €	-25.3%	148 k €	-12.0%	168,1 k €	-0.3%	168,6 k €	+12.5%	149,9 k €
Debts	917,2 k €	-9.4%	1 M €	-13.3%	1,2 M €	-5.2%	1,2 M €	+0.5%	1,2 M €	+1.7%	1,2 M €	-15.1%	1,4 M €	+10.6%	1,3 M €	+44.1%	891,3 k €	-20.6%	1,1 M €	-12.8%	1,3 M €	-13.1%	1,5 M €	-8.6%	1,6 M €	-7.1%	1,7 M €	-9.5%	1,9 M €	-4.8%	2 M €	-6.1%	2,2 M €	-4.6%	2,3 M €
Other
Workforce	3,3 ETP	-8.3%	3,6 ETP	-2.7%	3,7 ETP	-22.9%	4,8 ETP	+9.1%	4,4 ETP	+18.9%	3,7 ETP	-5.1%	3,9 ETP	+2.6%	3,8 ETP	-20.8%	4,8 ETP	-9.4%	5,3 ETP	+3.9%	5,1 ETP	-26.1%	6,9 ETP	-4.2%	7,2 ETP	+4.3%	6,9 ETP	-4.2%	7,2 ETP	+2.9%	7,0 ETP	-1.4%	7,1 ETP	-4.1%	7,4 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 31/12/2025 · 1 active · 21 ended

Active mandates

PHARDEX

Director · since 02 juillet 2018 · 0687.846.202

Active

Ended mandates

PHARDEX

Director · since 02 juillet 2018 · 0687.846.202

Represented by Xavier De Clercq

Ended

PHARDEX

Administrator - manager · since 02 juillet 2018 · 0687.846.202

Represented by XAVIER DECLERCQ

Ended

PHARDEX

Administrator - manager · since 01 juillet 2018 · 0687.846.202

Ended

MARIE CLAIRE GILOT

Manager · since 01 janvier 2017 · until 31 décembre 2017

Ended

At this address

Other companies at this address

Company	CBE no.
PHARDEX● Active	0687.846.202

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	11/06/2026	23/06/2025	20/06/2024	20/06/2023	15/06/2022	09/07/2021
General meeting	23/05/2026	24/05/2025	25/05/2024	27/05/2023	28/05/2022	22/05/2021
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

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	23/05/2026	11/06/2026	Dutch	PDF
Abridged model	31/12/2024	24/05/2025	23/06/2025	Dutch	PDF
Abridged model	31/12/2023	25/05/2024	20/06/2024	Dutch	PDF
Abridged model	31/12/2022	27/05/2023	20/06/2023	Dutch	PDF
Abridged model	31/12/2021	28/05/2022	15/06/2022	Dutch	PDF
Abridged model	31/12/2020	22/05/2021	09/07/2021	Dutch	PDF
Abridged model	31/12/2019	23/05/2020	18/06/2020	Dutch	PDF
Abridged model	31/12/2018	25/05/2019	06/08/2019	Dutch	PDF
Abridged model	31/12/2017	26/05/2018	20/06/2018	Dutch	PDF
Abridged model	31/12/2016	27/05/2017	07/08/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	14/07/2016	Dutch	PDF
Abridged model	31/12/2014	23/05/2015	17/06/2015	Dutch	PDF
Abridged model	31/12/2013	24/05/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	07/08/2013	Dutch	PDF
Abridged model	31/12/2011	26/05/2012	07/08/2012	Dutch	PDF
Abridged model	31/12/2010	28/05/2011	21/06/2011	Dutch	PDF
Abridged model	31/12/2009	26/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	23/05/2009	18/06/2009	Dutch	PDF

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 31/12/2025 · 1 active · 21 ended

Active mandates

PHARDEX

Director · since 02 juillet 2018 · 0687.846.202

Active

Ended mandates

PHARDEX

Director · since 02 juillet 2018 · 0687.846.202

Represented by Xavier De Clercq

Ended

PHARDEX

Administrator - manager · since 02 juillet 2018 · 0687.846.202

Represented by XAVIER DECLERCQ

Ended

PHARDEX

Administrator - manager · since 01 juillet 2018 · 0687.846.202

Ended

MARIE CLAIRE GILOT

Manager · since 01 janvier 2017 · until 31 décembre 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/11/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/07/2008
KAPITAAL - AANDELEN - DIVERSEN
PDF
Other10/04/2008
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

2025
Annual accounts 2025228 k €↑
2024
Annual accounts 2024200,4 k €↑
2023
Annual accounts 2023122,9 k €↓
2022
Annual accounts 2022282,2 k €↑
2021
Annual accounts 2021271,3 k €↓
2020
Annual accounts 2020312,6 k €↑
2019
Annual accounts 2019176,3 k €↑
2018
Annual accounts 2018163 k €↑
2017
Annual accounts 201791,7 k €↑
2016
Annual accounts 201687,9 k €↑
2015
Annual accounts 201580,1 k €↑
2014
Annual accounts 201468,9 k €↑
2013
Annual accounts 201367 k €↑
2012
Annual accounts 201237,5 k €↑
2011
Annual accounts 201127,3 k €↑
2010
Annual accounts 201017,2 k €↑
2009
Annual accounts 2009-2,8 k €↓
2008
Annual accounts 20081,6 k €
31/03/2008
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ESPIDEC

Overview

What does ESPIDEC do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline