Summary
Camba-Pharma has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €137,100 and a net result of €47,651. Equity is growing by about 40% per year across the filed financial years. Its solvency ranks better than 48% of 22,576 sector peers (NACE 47, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
Equity
€137,100▲ 31.3%
2024 · €104,449
Total assets
€437,825▼ 4.1%
2024 · €456,352
Net result
€47,651▲ 28.9%
2024 · €36,955
Working capital
-€80,554▼ 17.7%
2024 · -€68,461
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 22% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€68,885
2025
Net result€47,651
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€437,825
2025
Equity€137,100
2025
Debt€300,724
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€80,554
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)10.9%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency31.3%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.08
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€5,320-€31,266▲ 488%€32,745▲ 4.7%€49,945▲ 52.5%€48,873▼ 2.1%€56,550▲ 15.7%€68,885▲ 21.8%
Net result€2,720-€19,885within the sector's middle half▲ 631%€20,240within the sector's middle half▲ 1.8%€31,841above the sector's middle half▲ 57.3%€32,054above the sector's middle half▲ 0.7%€36,955above the sector's middle half▲ 15.3%€47,651above the sector's middle half▲ 28.9%
Equity€8,108-€27,193within the sector's middle half▲ 235%€59,833within the sector's middle half▲ 120%€50,441within the sector's middle half▼ 15.7%€67,494within the sector's middle half▲ 33.8%€104,449within the sector's middle half▲ 54.8%€137,100above the sector's middle half▲ 31.3%
Total assets€15,493-€244,805within the sector's middle half▲ 16×€265,702within the sector's middle half▲ 8.5%€458,890above the sector's middle half▲ 72.7%€457,640above the sector's middle half▼ 0.3%€456,352above the sector's middle half▼ 0.3%€437,825above the sector's middle half▼ 4.1%
Debt€7,385-€217,611▲ 29×€205,869▼ 5.4%€408,449▲ 98.4%€390,145▼ 4.5%€351,903▼ 9.8%€300,724▼ 14.5%
Working capital€5,270--€10,373below the sector's middle half€5,962within the sector's middle half-€53,579below the sector's middle half-€74,019below the sector's middle half▼ 38.2%-€68,461below the sector's middle half▲ 7.5%-€80,554below the sector's middle half▼ 17.7%
Solvency52.3%-11.1%within the sector's middle half▼ 41.2pp22.5%within the sector's middle half▲ 11.4pp11.0%within the sector's middle half▼ 11.5pp14.7%within the sector's middle half▲ 3.8pp22.9%within the sector's middle half▲ 8.1pp31.3%within the sector's middle half▲ 8.4pp
Current ratio1.76-0.72below the sector's middle half▼ 1.041.14within the sector's middle half▲ 0.420.33below the sector's middle half▼ 0.810.26below the sector's middle half▼ 0.070.27below the sector's middle half▲ 0.010.08below the sector's middle half▼ 0.19
Return on assets (ROA)17.6%-8.1%within the sector's middle half▼ 9.4pp7.6%within the sector's middle half▼ 0.5pp6.9%within the sector's middle half▼ 0.7pp7.0%within the sector's middle half▲ 0.1pp8.1%within the sector's middle half▲ 1.1pp10.9%within the sector's middle half▲ 2.8pp
above
within
below
the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €437,825
Fixed assets
€431,108 ▼ 0.1%
Current assets
€6,717 ▼ 73.0%
Equity and liabilities €437,825
Equity
€137,100 ▲ 31.3%
Debt
€300,724 ▼ 14.5%
Debt's share of the balance-sheet total falls from 77.1% to 68.7%. Equity is higher and debt is lower.
Key figures and ratios
ROE
34.8%▼
2024 · 35.4%
Debt ≤ 1 year
€87,271▼
2024 · €93,336
Debt > 1 year
€212,664▼
2024 · €251,488
Income taxes
€16,590▲
2024 · €13,922
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,392 | €369 | €369 | €369 | €369 | €369 | €369 | = |
| Other operating charges640/8 | - | - | €120 | €122 | €132 | €141 | €144 | ▲ 2.6% |
| Gross operating margin9900 | €6,711 | €31,635 | €33,234 | €50,436 | €49,374 | €57,060 | €69,398 | ▲ 21.6% |
| Operating profit (loss)9901 | €5,320 | €31,266 | €32,745 | €49,945 | €48,873 | €56,550 | €68,885 | ▲ 21.8% |
| Financial income75/76B | - | - | €133 | €643 | €3 | €82 | €2 | ▼ 97.6% |
| Recurring financial income75 | €0 | - | €133 | €643 | €3 | €82 | €2 | ▼ 97.6% |
| Financial charges65/66B | - | - | €2,826 | €5,004 | €5,247 | €5,756 | €4,646 | ▼ 19.3% |
| Recurring financial charges65 | €415 | €2,816 | €2,826 | €5,004 | €5,247 | €5,756 | €4,646 | ▼ 19.3% |
| Profit (loss) for the period before taxes9903 | €4,904 | €28,450 | €30,052 | €45,585 | €43,629 | €50,877 | €64,241 | ▲ 26.3% |
| Income taxes67/77 | €2,184 | €8,565 | €9,812 | €13,744 | €11,576 | €13,922 | €16,590 | ▲ 19.2% |
| Profit (loss) for the period9904 | €2,720 | €19,885 | €20,240 | €31,841 | €32,054 | €36,955 | €47,651 | ▲ 28.9% |
| Profit (loss) for the period to be appropriated9905 | €2,720 | €19,885 | €20,240 | €31,841 | €32,054 | €36,955 | €47,651 | ▲ 28.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €15,493 | €244,805 | €265,702 | €458,890 | €457,640 | €456,352 | €437,825 | ▼ 4.1% |
| Fixed assets21/28 | €3,323 | €217,954 | €217,585 | €432,215 | €431,846 | €431,477 | €431,108 | ▼ 0.1% |
| Tangible fixed assets22/27 | €3,323 | €2,954 | €2,585 | €2,215 | €1,846 | €1,477 | €1,108 | ▼ 25.0% |
| Furniture and vehicles24 | - | - | €2,585 | €2,215 | €1,846 | €1,477 | €1,108 | ▼ 25.0% |
| Financial fixed assets28 | - | €215,000 | €215,000 | €430,000 | €430,000 | €430,000 | €430,000 | = |
| Current assets29/58 | €12,170 | €26,851 | €48,117 | €26,675 | €25,794 | €24,875 | €6,717 | ▼ 73.0% |
| Amounts receivable within one year40/41 | €7,287 | €15,175 | €26,153 | €21,856 | €11,322 | €19,264 | - | - |
| Trade receivables40 | - | - | €6,397 | €21,856 | €10,783 | €19,264 | - | - |
| Other amounts receivable41 | - | - | €19,756 | - | €538 | - | - | - |
| Cash at bank and in hand54/58 | €4,042 | €11,209 | €20,848 | €3,901 | €14,216 | €5,527 | €6,440 | ▲ 16.5% |
| Deferred charges and accrued income490/1 | - | - | €1,116 | €918 | €257 | €85 | €277 | ▲ 227% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €15,493 | €244,805 | €265,702 | €458,890 | €457,640 | €456,352 | €437,825 | ▼ 4.1% |
| Equity10/15 | €8,108 | €27,193 | €59,833 | €50,441 | €67,494 | €104,449 | €137,100 | ▲ 31.3% |
| Contributions10/11 | €6,200 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,908 | €20,993 | €41,233 | €31,841 | €48,894 | €85,849 | €118,500 | ▲ 38.0% |
| Distributable reserves133 | - | - | €41,233 | €31,841 | €48,894 | €85,849 | €118,500 | ▲ 38.0% |
| Amounts payable17/49 | €7,385 | €217,611 | €205,869 | €408,449 | €390,145 | €351,903 | €300,724 | ▼ 14.5% |
| Amounts payable after more than one year17 | - | €180,107 | €163,482 | €327,634 | €289,809 | €251,488 | €212,664 | ▼ 15.4% |
| Financial debts170/4 | - | - | €163,482 | €327,634 | €289,809 | €251,488 | €212,664 | ▼ 15.4% |
| Amounts payable within one year42/48 | €6,900 | €37,224 | €42,155 | €80,253 | €99,813 | €93,336 | €87,271 | ▼ 6.5% |
| Current portion of amounts payable after more than one year42 | - | - | €18,000 | €40,424 | €40,955 | €41,492 | €42,037 | ▲ 1.3% |
| Financial debts43 | - | - | - | €5,853 | €2,706 | €3,884 | €4,890 | ▲ 25.9% |
| Other loans439 | - | - | - | €5,853 | €2,706 | €3,884 | €4,890 | ▲ 25.9% |
| Trade debts44 | €2,217 | €1,618 | €189 | €996 | €373 | €321 | €8,850 | ▲ 28× |
| Suppliers440/4 | - | - | €189 | €996 | €373 | €321 | €8,850 | ▲ 28× |
| Advances received on contracts in progress46 | - | - | - | - | - | €22,385 | - | - |
| Taxes, remuneration and social security45 | - | - | €23,897 | €23,255 | €18,799 | €7,686 | €11,626 | ▲ 51.3% |
| Taxes450/3 | - | - | €23,897 | €19,727 | €13,255 | €7,686 | €11,626 | ▲ 51.3% |
| Remuneration and social security454/9 | - | - | - | €3,528 | €5,544 | - | - | - |
| Other amounts payable47/48 | - | - | €69 | €9,726 | €36,981 | €17,568 | €19,868 | ▲ 13.1% |
| Accrued charges and deferred income492/3 | - | - | €232 | €562 | €523 | €7,078 | €790 | ▼ 88.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,720 | €19,885 | €20,240 | €31,841 | €32,054 | €36,955 | €47,651 | ▲ 28.9% |
| + Depreciation and write-downs630 | €1,392 | €369 | €369 | €369 | €369 | €369 | €369 | = |
| Operating cash flow (approximation) | €4,112 | €20,254 | €20,609 | €32,210 | €32,423 | €37,324 | €48,020 | ▲ 28.7% |
| Investment in fixed assets (approximation) | - | -€215,000 | €0 | -€215,000 | €0 | €0 | €0 | - |
| Change in cash | - | €7,167 | €9,639 | -€16,947 | €10,315 | -€8,689 | €913 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 08-04-2026 | 2026-00076156 |
| 31-12-2024 | micro format | 18-07-2025 | 2025-00295780 |
| 31-12-2023 | micro format | 19-07-2024 | 2024-00270143 |
| 31-12-2022 | micro format | 02-07-2023 | 2023-00199051 |
| 31-12-2021 | micro format | 05-07-2022 | 2022-20150759 |
| 31-12-2020 | micro format | 15-06-2021 | 2021-20300459 |
| 31-12-2019 | micro format | 31-08-2020 | 2020-48900346 |
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Of the 5,204 active companies whose main activity is retail sale of pharmaceutical products (NACE 47730), figures are known for 3,893. 3,570 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.