HEMIFAR
ActiveHEMIFAR has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €108k and a net result of €42k. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 24% of 10206 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency17▲+7
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity short (current ratio 0.81 against 0.7 in 2024), and 85.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
14.9%
Return on assets
5.9%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 10206 sector peers (2025).
NBB · sector comparisonPosition among 10206 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
105 d early
2023
6 d early
2022
on the day
2021
2 d early
2020
30 d late
2019
33 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€108k▲ 64.8%
2024 · €65k
2018: €38k
2019: €39k
2020: €38k
2021: €38k
2022: €38k
2023: €46k
2024: €65k
2018 → 2025
Total assets
€725k▲ 0.4%
2024 · €721k
2018: €574k
2019: €502k
2020: €492k
2021: €616k
2022: €833k
2023: €721k
2024: €721k
2018 → 2025
Net result
€42k▼ 5.3%
2024 · €45k
2018: €101k
2019: €38k
2020: €29k
2021: €65k
2022: €31k
2023: €8k
2024: €45k
2018 → 2025
Working capital
€-111k▲ 41.4%
2024 · €-190k
2018: €-72k
2019: €-87k
2020: €-101k
2021: €-103k
2022: €-185k
2023: €-205k
2024: €-190k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€38k▼ 1.9%€46k▲ 21.9%€65k▲ 43.3%€108k▲ 64.8%
Operating result€77k-€43k▼ 43.9%€20k▼ 53.6%€64k▲ 217%€66k▲ 2.8%
Net result€65k-€31k▼ 51.6%€8k▼ 73.9%€45k▲ 446%€42k▼ 5.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €725k
Fixed assets
€240k▼ 16.7%
Current assets
€485k▲ 11.8%
Equity and liabilities €725k
Equity
€108k▲ 64.8%
Debt
€617k▼ 6.0%
The debt ratio falls from 90.9% to 85.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€110k▼
2024 · €136k
Cash flow
€87k▼
2024 · €117k
Solvency
14.9%▲
2024 · 9.1%
Current ratio
0.81▲
2024 · 0.70
Quick ratio
0.50▲
2024 · 0.40
Debt / equity
5.72▼
2024 · 10.02
ROE
39.3%▼
2024 · 68.4%
ROA
5.9%▼
2024 · 6.2%
Interest coverage
10.46▼
2024 · 11.95
Debt
€617k▼
2024 · €656k
Debt ≤ 1 year
€596k▼
2024 · €624k
Debt > 1 year
€17k▼
2024 · €32k
Income taxes
€17k▲
2024 · €8k
Staff costs
€158k▲
2024 · €141k
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€721k€725k▲
Fixed assets21/28€288k€240k▼
Tangible fixed assets22/27€283k€235k▼
Plant, machinery and equipment23€249k€235k▼
Furniture and vehicles24€3k€0▼
Leasing and similar rights25€31k€0▼
Financial fixed assets28€5k€5k=
Current assets29/58€434k€485k▲
Stocks and contracts in progress3€187k€186k▼
Stocks30/36€187k€186k▼
Amounts receivable within one year40/41€138k€219k▲
Trade receivables40€127k€210k▲
Other amounts receivable41€11k€9k▼
Cash at bank and in hand54/58€101k€74k▼
Deferred charges and accrued income490/1€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€721k€725k▲
Equity10/15€65k€108k▲
Contributions10/11€25k€25k=
Reserves13€40k€83k▲
Distributable reserves133€40k€83k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€656k€617k▼
Amounts payable after more than one year17€32k€17k▼
Financial debts170/4€32k€17k▼
Amounts payable within one year42/48€624k€596k▼
Current portion of amounts payable after more than one year42€77k€61k▼
Trade debts44€182k€193k▲
Suppliers440/4€182k€193k▲
Taxes, remuneration and social security45€17k€40k▲
Taxes450/3€2k€10k▲
Remuneration and social security454/9€14k€30k▲
Other amounts payable47/48€348k€302k▼
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Non-recurring operating income76A-€9k
Remuneration, social security and pensions62€141k€158k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€72k€45k▼
Other operating charges640/8€8k€5k▼
Non-recurring operating charges66A-€42k
Gross operating margin9900€284k€315k▲
Operating profit (loss)9901€64k€66k▲
Financial income75/76B€704€4k▲
Recurring financial income75€704€4k▲
Financial charges65/66B€11k€11k▼
Recurring financial charges65€11k€11k▼
Profit (loss) for the period before taxes9903€53k€59k▲
Income taxes67/77€8k€17k▲
Profit (loss) for the period9904€45k€42k▼
Profit (loss) for the period to be appropriated9905€45k€42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€42k▼
Transfer to equity691/2€20k€42k▲
To other reserves6921€20k€42k▲
Profit to be distributed694/7€25k€0▼
Directors or managers695€25k€0▼
Social balance
Average headcount (FTE)90872.12.2▲
The notes to these accounts (19 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €100kEq €108k ▲64.8%
8 profitable years in a row build equity to €108k.
17-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €8k ▼73.9%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 33 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
14-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 45 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2022
PIETERS Koenraad Gustaaf Omaar Herwig
CurrentDirector · since 17-08-2022
17-08-2022
PIETERS Koenraad Gustaaf Omaar Herwig: Appointed as Director
17-08-2022
P.V.S.: Appointed as Permanent representative
Location & real-estate footprint
Registered office, Hemiksem · 1 establishment unit since 1980
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.
Assestraat 12620 HemiksemGround area
394 m²
Building footprint
145 m²
Volume, LiDAR
957 m³
Parcel 11018A0120/00K000, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hemifar
since 19802.018.311.068
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11018A0120/00K000 | Flanders | 394 m² | 1 · 145 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
MEGA PHARMA
BE 0760.552.551
Merchtem · Eq €108k
PHARMACIE DE L'ABBAYE
BE 0862.761.352
Stavelot · Eq €108k
APOTHEEK VANSCHOENWINKEL
BE 0873.591.502
Leuven · Eq €108k
PHARMACIE KERKOVRE
BE 0685.896.106
Comblain-au-Pont · Eq €108k
Apotheek Maxime Van Eetvelde
BE 0506.644.064
Beveren-Kruibeke-Zwijndrecht · Eq €108k
Of 5,208 companies in sector 47730 we hold annual accounts for 3,850. 3,429 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-1980
Fiscal year end31-12
Activities, NACEBEL
47730Retail sale of pharmaceutical products
52310
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.