BB FARMA MANAGEMENT
ActiveBB FARMA MANAGEMENT has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.60M and a net result of €259k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 86% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+1
Solvency100▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 2.61 against 2.28 in 2024; short-term debt: 22.5% and cash: 9% of total assets), and 23.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.2%
Return on assets
12.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
12 d late
2024
14 d late
2023
22 d late
2022
28 d late
2021
31 d late
2020
31 d late
2019
60 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.60M▲ 19.3%
2024 · €1.34M
2018: €713k
2019: €790k
2020: €893k
2021: €957k
2022: €1.04M
2023: €1.13M
2024: €1.34M
2018 → 2025
Total assets
€2.10M▲ 16.5%
2024 · €1.80M
2018: €1.25M
2019: €1.27M
2020: €1.41M
2021: €1.42M
2022: €1.55M
2023: €1.68M
2024: €1.80M
2018 → 2025
Net result
€259k▲ 24.8%
2024 · €208k
2018: €82k
2019: €77k
2020: €104k
2021: €63k
2022: €82k
2023: €95k
2024: €208k
2018 → 2025
Working capital
€762k▲ 41.9%
2024 · €537k
2018: €-17k
2019: €31k
2020: €118k
2021: €181k
2022: €256k
2023: €325k
2024: €537k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€957k-€1.04M▲ 8.6%€1.13M▲ 9.2%€1.34M▲ 18.3%€1.60M▲ 19.3%
Operating result€54k-€118k▲ 119%€141k▲ 19.7%€309k▲ 119%€333k▲ 7.9%
Net result€63k-€82k▲ 29.9%€95k▲ 16.0%€208k▲ 118%€259k▲ 24.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.10M
Fixed assets
€865k▲ 2.1%
Current assets
€1.24M▲ 29.3%
Equity and liabilities €2.10M
Equity
€1.60M▲ 19.3%
Debt
€500k▲ 8.3%
The debt ratio falls from 25.6% to 23.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€363k▲
2024 · €331k
Cash flow
€289k▲
2024 · €230k
Solvency
76.2%▲
2024 · 74.4%
Current ratio
2.61▲
2024 · 2.28
Quick ratio
2.00▲
2024 · 1.62
Debt / equity
0.31▼
2024 · 0.34
ROE
16.2%▲
2024 · 15.5%
ROA
12.4%▲
2024 · 11.5%
Interest coverage
48.16▼
2024 · 50.57
Debt
€500k▲
2024 · €461k
Debt ≤ 1 year
€474k▲
2024 · €419k
Debt > 1 year
€26k▼
2024 · €42k
Income taxes
€105k▲
2024 · €96k
Staff costs
€171k▼
2024 · €179k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.80M€2.10M▲
Fixed assets21/28€847k€865k▲
Tangible fixed assets22/27€74k€92k▲
Plant, machinery and equipment23€12k€9k▼
Furniture and vehicles24€63k€83k▲
Financial fixed assets28€773k€773k=
Current assets29/58€956k€1.24M▲
Stocks and contracts in progress3€277k€291k▲
Stocks30/36€277k€291k▲
Amounts receivable within one year40/41€554k€728k▲
Trade receivables40€295k€251k▼
Other amounts receivable41€259k€477k▲
Cash at bank and in hand54/58€97k€190k▲
Deferred charges and accrued income490/1€28k€28k▼
Equity and liabilities
Total equity and liabilities10/49€1.80M€2.10M▲
Equity10/15€1.34M€1.60M▲
Contributions10/11€6k€6k=
Reserves13€1.34M€1.60M▲
Distributable reserves133€1.34M€1.60M▲
Amounts payable17/49€461k€500k▲
Amounts payable after more than one year17€42k€26k▼
Financial debts170/4€42k€26k▼
Amounts payable within one year42/48€419k€474k▲
Current portion of amounts payable after more than one year42€16k€16k▲
Trade debts44€194k€228k▲
Suppliers440/4€194k€228k▲
Advances received on contracts in progress46€6k€0▼
Taxes, remuneration and social security45€98k€162k▲
Taxes450/3€72k€132k▲
Remuneration and social security454/9€26k€30k▲
Other amounts payable47/48€106k€68k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€179k€171k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€30k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€513k€535k▲
Operating profit (loss)9901€309k€333k▲
Financial income75/76B€2k€39k▲
Recurring financial income75€2k€39k▲
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€304k€365k▲
Income taxes67/77€96k€105k▲
Profit (loss) for the period9904€208k€259k▲
Profit (loss) for the period to be appropriated9905€208k€259k▲
Appropriation of the result
Profit (loss) to be appropriated9906€208k€259k▲
Transfer to equity691/2€208k€259k▲
To other reserves6921€208k€259k▲
Social balance
Average headcount (FTE)90872.01.8▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 12 days late
2025
31-12
Financial
Highest result since 2018net €259k ▲24.8%
Operating result €333k, net result €259k, both a record.
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 14 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-12
Financial
Equity above €1MEq €1.04M ▲8.6%
5 profitable years in a row build equity to €1.04M.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €63k ▼39%
Net result drops to €63k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 60 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Riemst · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tramstraat 893770 RiemstGround area
3,512 m²
Building footprint
407 m²
Volume, LiDAR
2,380 m³
2 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BB FARMA MANAGEMENT
since 20032.135.213.785
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73066A0741/00F000 | Flanders | 1,830 m² | 1 · 187 m² | 8.9 m · 2 fl. |
| 73066A0721/00C000 | Flanders | 1,682 m² | 1 · 219 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
FIMOVAR
BE 0462.346.837
Niel · Eq €1.61M
PHARMACIE DE VISSCHER
BE 0471.464.936
Anderlecht · Eq €1.59M
FARMAGORA
BE 0436.025.193
Ternat · Eq €1.59M
PHARMALORRAINE
BE 0455.089.059
Aubange · Eq €1.62M
Apoteek Jespers - Cuijpers
BE 0440.256.175
Anderlecht · Eq €1.63M
Of 5,222 companies in sector 47730 we hold annual accounts for 3,861. 2,601 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-11-2003
Fiscal year end31-12
Activities, NACEBEL
47730Retail sale of pharmaceutical products
52310
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.