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LIBRAF

Active
Public limited companyfounded 1986active for 40 yearsWeerstandsplein 5, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0429.367.827
Summary

LIBRAF has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €152,528 and a net result of €70,494. Equity remains stable across the filed financial years (±0.6% per year). Its solvency ranks better than 37% of 5,017 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Retail sale of pharmaceutical products
NACE 47730
1 site
Size
€616,697total assets 2025
Staff
0.9 FTE
Equity
€152,528
Profit
€70,494
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
THEUNISSEN MANAGEMENT · 100%
2025 accounts 29 days early1 of 3 deeds summarised
Why 93raises riskSector: Retail trade (NACE 47)lowers riskFounded in 1986Size: 0.9 FTE, total assets €616,697Liquidity: current ratio 1.47, cash €113,935Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Strong
Solvency 50+4
equity 24.7% of total assets
Liquidity 55-2
short-term debt 39.5% · cash 18.5%
Profitability 83=
return on assets 11.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,246 companies, NACE 47, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.47, compared with 1.4 in 2024, below the usual 1.5; short-term debt: 39.5% and cash: 18.5% of total assets), and 75.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 40% on solvency, 60% on liquidity, 76% on profitability and 39% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1986
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Size: 0.9 FTE, total assets €616,697
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.47, cash €113,935
NBB · annual accounts
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 days early
2024
51 days early
2023
19 days early
2022
16 days late
2021
25 days late
2020
25 days late
2019
32 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average on the deadline day; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 July (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Financials · financial year 2025, full format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€70,494▼ 14.9%
2024 · €82,868
Working capital
€114,653▲ 0.4%
2024 · €114,161
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result has fallen two years in a row; 2025 is 12% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2025 Net result€0.07m 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), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.04m-€0.05m▲ 12.8%€0.08m▲ 68.6%€0.07m▼ 7.1%€0.1m▲ 67.6%€0.1m▲ 0.1%€0.1m▼ 9.6%€0.1m▼ 12.1%
Net result€0.05m-€0.04m▼ 16.0%€0.08mwithin the sector's middle half▲ 84.3%€0.07mwithin the sector's middle half▼ 7.8%€0.1mabove the sector's middle half▲ 65.4%€0.1mwithin the sector's middle half▼ 8.7%€0.08mwithin the sector's middle half▼ 25.7%€0.07mwithin the sector's middle half▼ 14.9%
Equity€0.1m-€0.1m▲ 0.3%€0.1mwithin the sector's middle half▲ 2.1%€0.2mwithin the sector's middle half▲ 1.9%€0.2mwithin the sector's middle half=€0.2mwithin the sector's middle half=€0.2mwithin the sector's middle half=€0.2mwithin the sector's middle half▲ 0.1%
Total assets€1.1m-€1.1m▲ 2.2%€0.9mwithin the sector's middle half▼ 18.1%€0.9mwithin the sector's middle half▼ 0.5%€0.9mwithin the sector's middle half▲ 2.7%€0.8mwithin the sector's middle half▼ 12.6%€0.7mwithin the sector's middle half▼ 13.1%€0.6mbelow the sector's middle half▼ 13.9%
Debt€1.0m-€1.0m▲ 2.5%€0.8m▼ 21.2%€0.8m▼ 0.9%€0.8m▲ 3.3%€0.7m▼ 15.1%€0.6m▼ 16.2%€0.5m▼ 17.8%
Working capital€0.1m-€0.2m▲ 102%€0.2mwithin the sector's middle half▼ 14.1%€0.2mwithin the sector's middle half▲ 9.6%€0.2mwithin the sector's middle half▼ 11.3%€0.1mwithin the sector's middle half▼ 46.2%€0.1mwithin the sector's middle half▲ 19.3%€0.1mwithin the sector's middle half▲ 0.4%
Solvency13.2%-13.0%▼ 0.2pp16.2%within the sector's middle half▲ 3.2pp16.6%below the sector's middle half▲ 0.4pp16.1%below the sector's middle half▼ 0.4pp18.5%within the sector's middle half▲ 2.3pp21.3%within the sector's middle half▲ 2.8pp24.7%within the sector's middle half▲ 3.5pp
Current ratio1.31-1.67▲ 0.371.96within the sector's middle half▲ 0.291.93within the sector's middle half▼ 0.021.55within the sector's middle half▼ 0.391.27within the sector's middle half▼ 0.271.40within the sector's middle half▲ 0.131.47within the sector's middle half▲ 0.07
Return on assets (ROA)4.7%-3.9%▼ 0.8pp8.7%within the sector's middle half▲ 4.8pp8.0%within the sector's middle half▼ 0.6pp12.9%above the sector's middle half▲ 4.9pp13.5%above the sector's middle half▲ 0.6pp11.6%above the sector's middle half▼ 2.0pp11.4%above the sector's middle half▼ 0.1pp
Staff (FTE)1.8-1.8=1.8within the sector's middle half=0.9below the sector's middle half▼ 50.0%0.9below the sector's middle half=0.9below the sector's middle half=0.9below the sector's middle half=0.9below the sector's middle half=
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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €616,697
Fixed assets €258,219 ▼ 18.4%
Current assets €358,479 ▼ 10.3%
Equity and liabilities €616,697
Equity €152,528 ▲ 0.1%
Provisions €3,966 =
Debt €460,203 ▼ 17.8%
Debt's share of the balance-sheet total falls from 78.2% to 74.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€162,558▼
2024 · €177,193
Cash flow
€134,323▼
2024 · €147,782
Quick ratio
0.85▼
2024 · 0.87
Debt to equity
3.02▼
2024 · 3.67
ROE
46.2%▼
2024 · 54.4%
Interest coverage
14.62▲
2024 · 13.38
Debt ≤ 1 year
€243,825▼
2024 · €285,684
Debt > 1 year
€211,423▼
2024 · €263,261
Income taxes
€18,243▲
2024 · €17,736
Staff costs
€46,519▲
2024 · €45,699
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95.2% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
3.7% stopped otherwise
95.2% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,818 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 63 lines
Balance sheet Code20242025
Assets
Total assets20/58€716,466€616,697▼
Fixed assets21/28€316,621€258,219▼
Tangible fixed assets22/27€309,715€251,313▼
Land and buildings22€218,748€195,940▼
Plant, machinery and equipment23€24,255€19,186▼
Furniture and vehicles24€66,713€36,187▼
Financial fixed assets28€6,906€6,906=
Current assets29/58€399,845€358,479▼
Stocks and contracts in progress3€150,913€151,451▲
Stocks30/36€150,913€151,451▲
Amounts receivable within one year40/41€84,510€85,682▲
Trade receivables40€83,057€84,858▲
Other amounts receivable41€1,453€825▼
Cash at bank and in hand54/58€149,161€113,935▼
Deferred charges and accrued income490/1€15,261€7,410▼
Equity and liabilities
Total equity and liabilities10/49€716,466€616,697▼
Equity10/15€152,434€152,528▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€90,434€90,528▲
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Distributable reserves133€84,234€84,328▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€3,966€3,966=
Provisions for liabilities and charges160/5€3,966€3,966=
Environmental obligations163€0-
Other liabilities and charges164/5€3,966€3,966=
Amounts payable17/49€560,066€460,203▼
Amounts payable after more than one year17€263,261€211,423▼
Financial debts170/4€263,261€211,423▼
Amounts payable within one year42/48€285,684€243,825▼
Current portion of amounts payable after more than one year42€51,147€51,838▲
Financial debts43€50,000€0▼
Credit institutions430/8€50,000€0▼
Trade debts44€51,577€72,402▲
Suppliers440/4€51,577€72,402▲
Taxes, remuneration and social security45€6,559€6,368▼
Taxes450/3€877€243▼
Remuneration and social security454/9€5,682€6,125▲
Other amounts payable47/48€126,402€113,219▼
Accrued charges and deferred income492/3€11,121€4,955▼
Income statement Code20242025
Remuneration, social security and pensions62€45,699€46,519▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64,915€63,829▼
Other operating charges640/8€2,831€2,321▼
Gross operating margin9900€225,723€211,398▼
Operating profit (loss)9901€112,278€98,729▼
Financial income75/76B€1,565€1,126▼
Recurring financial income75€1,565€1,126▼
Financial charges65/66B€13,239€11,118▼
Recurring financial charges65€13,239€11,118▼
Profit (loss) for the period before taxes9903€100,604€88,737▼
Income taxes67/77€17,736€18,243▲
Profit (loss) for the period9904€82,868€70,494▼
Profit (loss) for the period to be appropriated9905€82,868€70,494▼
Appropriation of the result
Profit (loss) to be appropriated9906€82,868€70,494▼
Transfer to equity691/2€68€94▲
To other reserves6921€68€94▲
Profit to be distributed694/7€82,800€70,400▼
Return on contributions (dividend)694€51,800€53,400▲
Directors or managers695€31,000€17,000▼
Social balance sheet
Average headcount (FTE)90870.90.9=

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€42,666€40,802€43,579€45,699€46,519▲ 1.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66,143€64,462€65,223€65,133€65,472€66,181€64,915€63,829▼ 1.7%
Other operating charges640/8---€2,719€2,502€2,751€2,831€2,321▼ 18.0%
Non-recurring operating charges66A---€39€3,899€0---
Gross operating margin9900€152,970€157,790€188,715€184,548€236,711€236,685€225,723€211,398▼ 6.3%
Operating profit (loss)9901€41,909€47,262€79,669€73,991€124,037€124,175€112,278€98,729▼ 12.1%
Financial income75/76B---€12,884€15,194€1,666€1,565€1,126▼ 28.1%
Recurring financial income75€30,830€22,986€14,286€12,884€15,194€1,666€1,565€1,126▼ 28.1%
Financial charges65/66B---€12,908€16,619€13,407€13,239€11,118▼ 16.0%
Recurring financial charges65€20,114€21,595€13,767€12,908€16,619€13,407€13,239€11,118▼ 16.0%
Profit (loss) for the period before taxes9903€52,625€48,652€80,189€73,967€122,612€112,434€100,604€88,737▼ 11.8%
Income taxes67/77€931€5,212€141€135€475€870€17,736€18,243▲ 2.9%
Profit (loss) for the period9904€51,694€43,441€80,048€73,833€122,138€111,563€82,868€70,494▼ 14.9%
Profit (loss) for the period to be appropriated9905€51,694€43,441€80,048€73,833€122,138€111,563€82,868€70,494▼ 14.9%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.1m€1.1m€0.9m€0.9m€0.9m€0.8m€0.7m€0.6m▼ 13.9%
Fixed assets21/28€0.7m€0.6m€0.5m€0.5m€0.4m€0.4m€0.3m€0.3m▼ 18.4%
Tangible fixed assets22/27€0.6m€0.6m€0.5m€0.5m€0.4m€0.4m€0.3m€0.3m▼ 18.9%
Land and buildings22---€0.3m€0.3m€0.2m€0.2m€0.2m▼ 10.4%
Plant, machinery and equipment23---€0.05m€0.04m€0.03m€0.02m€0.02m▼ 20.9%
Furniture and vehicles24---€0.2m€0.1m€0.1m€0.07m€0.04m▼ 45.8%
Financial fixed assets28€0.005m€0.005m€0.005m€0.005m€0.005m€0.007m€0.007m€0.007m=
Current assets29/58€0.4m€0.5m€0.4m€0.4m€0.5m€0.4m€0.4m€0.4m▼ 10.3%
Stocks and contracts in progress3€0.1m€0.2m€0.2m€0.1m€0.2m€0.2m€0.2m€0.2m▲ 0.4%
Stocks30/36---€0.1m€0.2m€0.2m€0.2m€0.2m▲ 0.4%
Amounts receivable within one year40/41€0.2m€0.2m€0.08m€0.1m€0.1m€0.1m€0.08m€0.09m▲ 1.4%
Trade receivables40---€0.09m€0.1m€0.1m€0.08m€0.08m▲ 2.2%
Other amounts receivable41---€0.01m€0.008m€0.003m€0.001m€0.001m▼ 43.2%
Cash at bank and in hand54/58€0.07m€0.1m€0.1m€0.1m€0.2m€0.2m€0.1m€0.1m▼ 23.6%
Deferred charges and accrued income490/1---€0.04m€0.03m€0.002m€0.02m€0.007m▼ 51.4%
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m€0.9m€0.9m€0.9m€0.8m€0.7m€0.6m▼ 13.9%
Equity10/15€0.1m€0.1m€0.1m€0.2m€0.2m€0.2m€0.2m€0.2m▲ 0.1%
Contributions10/11€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m=
Capital10---€0.06m€0.06m€0.06m€0.06m€0.06m=
Issued capital100---€0.06m€0.06m€0.06m€0.06m€0.06m=
Reserves13€0.08m€0.08m€0.09m€0.09m€0.09m€0.09m€0.09m€0.09m▲ 0.1%
Non-distributable reserves130/1---€0.006m€0.006m€0.006m€0.006m€0.006m=
Legal reserve130---€0.006m€0.006m€0.006m€0.006m€0.006m=
Distributable reserves133---€0.08m€0.08m€0.08m€0.08m€0.08m▲ 0.1%
Profit (loss) carried forward14€0----€0€0€0-
Provisions and deferred taxes16€0.004m€0.004m€0.004m€0.004m€0.004m€0.004m€0.004m€0.004m=
Provisions for liabilities and charges160/5---€0.004m€0.004m€0.004m€0.004m€0.004m=
Environmental obligations163----€0.004m€0.004m€0--
Other liabilities and charges164/5---€0.004m--€0.004m€0.004m=
Amounts payable17/49€1.0m€1.0m€0.8m€0.8m€0.8m€0.7m€0.6m€0.5m▼ 17.8%
Amounts payable after more than one year17€0.6m€0.7m€0.6m€0.5m€0.4m€0.3m€0.3m€0.2m▼ 19.7%
Financial debts170/4---€0.5m€0.4m€0.3m€0.3m€0.2m▼ 19.7%
Amounts payable within one year42/48€0.3m€0.3m€0.2m€0.2m€0.3m€0.3m€0.3m€0.2m▼ 14.7%
Current portion of amounts payable after more than one year42---€0.06m€0.06m€0.05m€0.05m€0.05m▲ 1.3%
Financial debts43----€0.09m€0.08m€0.05m€0▼ 100%
Credit institutions430/8----€0.09m€0.08m€0.05m€0▼ 100%
Trade debts44€0.3m€0.1m€0.05m€0.07m€0.004m€0.06m€0.05m€0.07m▲ 40.4%
Suppliers440/4---€0.07m€0.004m€0.06m€0.05m€0.07m▲ 40.4%
Taxes, remuneration and social security45---€0.005m€0.02m€0.007m€0.007m€0.006m▼ 2.9%
Taxes450/3---€275€0.01m€0.001m€0.001m€243▼ 72.3%
Remuneration and social security454/9---€0.005m€0.005m€0.006m€0.006m€0.006m▲ 7.8%
Other amounts payable47/48---€0.07m€0.2m€0.2m€0.1m€0.1m▼ 10.4%
Accrued charges and deferred income492/3---€0.02m€0.09m€0.004m€0.01m€0.005m▼ 55.4%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€51,694€43,441€80,048€73,833€122,138€111,563€82,868€70,494▼ 14.9%
+ Depreciation and write-downs630€66,143€64,462€65,223€65,133€65,472€66,181€64,915€63,829▼ 1.7%
Operating cash flow (approximation)€117,837€107,902€145,271€138,966€187,610€177,744€147,782€134,323▼ 9.1%
Investment in fixed assets (approximation)--€8,153-€16,866-€20,317-€2,633-€4,668-€2,230-€5,427▼ 143%
Change in cash-€76,194-€42,794€28,768€43,570-€9,992-€18,961-€35,226▼ 85.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 40 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 02-07-2026 2026-00243573
31-12-2024 abbreviated format 10-06-2025 2025-00129831
31-12-2023 abbreviated format 12-07-2024 2024-00254573
31-12-2022 abbreviated format 16-08-2023 2023-00334993
31-12-2021 abbreviated format 25-08-2022 2022-20323933
31-12-2020 abbreviated format 25-08-2021 2021-53800508
31-12-2019 abbreviated format 01-09-2020 2020-50000276
31-12-2018 abbreviated format 26-06-2019 2019-23600592
31-12-2017 abbreviated format 18-07-2018 2018-35200247
31-12-2016 abbreviated format 13-07-2017 2017-31600005

Show all 40 filings

Similar companies · same sector, comparable size

Of the 5,204 active companies whose main activity is retail sale of pharmaceutical products (NACE 47730), figures are known for 3,893. 3,589 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.

Directors

Directors
No directors read yet: 1 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

1 owner

Chain of control

  1. THEUNISSEN MANAGEMENT 100%
  2. LIBRAF

Highest known parent: THEUNISSEN MANAGEMENT. The sources do not say who stands above it.

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Capital over the years
  1. 26-10-2023 Capital stated in the deed · €62,000 · 125 shares

Group and network

Connections & network

Depth

The network starts from this company’s shareholders. What else they own or run appears here as nodes.

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History

On 19 August 1986, LIBRAF was incorporated.1 Total assets went from €1.1m in 2018 to €616,697 in 2025 and headcount from 1.8 to 0.9 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
02-07
NBB filing Annual accounts filed
financial year 2025 · full format
2025
10-06
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
12-07
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
26-10
Gazette deed Purpose · Amendment of the articles · Resignations & appointments · Miscellaneous
Purpose change · Capital6 facts ▸
  • General meeting, 23-10-2023
  • Other provision, “verslagplicht wijziging voorwerp, algemene vergadering ontslaat voorzitter unaniem van voorlezing verslag bestuursorgaan” (deed in Dutch)
  • Purpose change
  • Other provision, “aanpassing statuten aan Wetboek van Vennootschappen en Verenigingen, statuten aanpassen aan bepalingen WVV” (deed in Dutch)
  • Amendment of the articles
  • Capital, €62,000
16-08
NBB filing Annual accounts filed
financial year 2022 · abbreviated format · 16 days late
2022
31-12
Financial Highest result from 2018 to 2025net €122,138 ▲65.4%
Net result €122,138, the highest in the series.
25-08
NBB filing Annual accounts filed
financial year 2021 · abbreviated format · 25 days late
2021
31-12
Financial Equity above €150,000equity €152,265 ▲1.9%
A profit in every financial year since 2018 builds equity to €152,265.
25-08
NBB filing Annual accounts filed
financial year 2020 · abbreviated format · 25 days late
2020
01-09
NBB filing Annual accounts filed
financial year 2019 · abbreviated format · 32 days late
2019
26-06
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
18-07
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
13-07
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 40 annual accounts filed, the latest 10 are here; all 40 are under Financials.
1 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPublic limited company
Founded19-08-1986
Financial year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0429367827
Also 9925:BE0429367827
Registered 16-07-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Sint-Pieters-Leeuwunit no. 2.035.187.187
1 permission
Apotheek (LM>3 maand) · since 17-12-2014

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 1986
registered office establishment The establishment unit on the map
Ground area
148 m²
Building footprint
112 m²
Parcel 23077A0118/00V065, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Weerstandsplein 5, 1600 Sint-Pieters-Leeuw
Retail sale of pharmaceutical products
since 1986unit no. 2.035.187.187
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23077A0118/00V065 Flanders 148 m² 1 · 112 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“De exploitatie, huur en verhuur van één of meer apotheken; Het verzorgen van vervangingen van en voor één of meer apotheken alsook de…” (deed in Dutch)
36 activities (deed in Dutch)
  1. De exploitatie, huur en verhuur van één of meer apotheken.
  2. Het verzorgen van vervangingen van en voor één of meer apotheken alsook de organisatie ervan.
  3. Detailhandel in medische en orthopedische artikelen in gespecialiseerde winkels, alsook kleinhandel in geneeskrachtige kruiden, in prothesen en invalidenwagens.
  4. Detailhandel in cosmetica, parfums en toiletartikelen in gespecialiseerde winkels.
  5. Vervaardiging van geneesmiddelen en van overige farmaceutische producten;
  6. Detailhandel in drogisterijartikelen en onderhoudsproducten in gespecialiseerde winkels;
  7. Detailhandel via postorderbedrijven of via internet;
  8. Overige menselijke zorgen;
  9. De ontwikkeling, aan- en verkoop van computersoft- en hardware;
  10. Activiteiten op gebied van webdesign, webhosting en aanverwante activiteiten;
  11. Beheer van apotheken;
  12. Managementactiviteiten van holdings : tussenkomen in het dagelijks bestuur, vertegenwoordigen van bedrijven op grond van bezit van of controle over het vermogen;
  13. Op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven uit verscheidene economische sectoren;
  14. Overige zakelijke dienstverlening;
  15. Diverse administratieve activiteiten ten behoeve van kantoren;
  16. Activiteiten van hoofdkantoren;
  17. De ontwikkeling, aan- en verkoop van computersoft- en hardware;
  18. Activiteiten op gebied van webdesign, webhosting en aanverwante activiteiten;
  19. Het optreden en handelen als dienstverlener, als interim-manager en/of als tussenpersoon bij alle vormen van adviesverlening, management diensten en hulp aan het bedrijfsleven en de overheid op het gebied van marketing, e-business strategy, planning, organisatie, efficiëntie en toezicht, informatica, human resources, administratie en financiën, publiciteit en reclame, financiële en juridische planning en/of het verschaffen van informatie aan bedrijfsleiding en dit in de meest ruime zin;
  20. Het verlenen van adviezen van financiële, technische, commerciële of administratieve aard, alsook het in de ruimste zin van het woord verlenen van bijstand en diensten, rechtstreeks of onrechtstreeks, op het vlak van administratie en financiën, verkoop, productie en algemeen bestuur;
  21. Het verlenen van diensten op het vlak van netwerkvorming en -gebruik, externe vertegenwoordiging en representatie;
  22. Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals onder meer de huurfinanciering aan derden, onroerende leasing, erfpacht en opstalrechten, het aankopen en verkopen, zowel in volle eigendom als in vruchtgebruik en/of blote eigendom, ruilen, bouwen, verbouwen, herstelling, verbetering, onderhouden, huren, verhuren, ter beschikking stellen, verkavelen, prospecteren en uitbaten van onroerende goederen, de aan- en verkoop, huur en verhuur van onroerende goederen betreffende de inrichting en uitrusting van onroerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen, alsmede zich borg te stellen voor het goede verloop van de verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen, met uitzondering van de activiteiten welke voorbehouden zijn voor erkende vastgoedmakelaars.
  23. Handel in onroerende goederen en onroerende zakelijke rechten, dit in de ruimste zin van het woord, met inbegrip van onroerende leasing, met uitzondering van de activiteiten welke voorbehouden zijn voor erkende vastgoedmakelaars;
  24. Ontwikkeling van residentiële en van niet-residentiële bouwprojecten;
  25. Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis;
  26. Beheer van zowel residentieel als niet residentieel onroerend goed voor een vast bedrag of op contractbasis;
  27. Het optreden als tussenpersoon bij onderhandelingen inzake gehele of gedeeltelijke overname van aandelen; alsook, in de ruimste zin van het woord, het deelnemen aan emissieverrichtingen van aandelen en vastrentende waarden door intekening, waarborg, plaatsing, verhandeling of anderszins, alsmede het verwezenlijken van om het even welke verrichtingen inzake portefeuille of kapitaalsbestuur;
  28. Ontwerpen en voeren van reclame- en promotiecampagnes voor derden via de verschillende media;
  29. Zowel voor eigen rekening, voor rekening van derden, of in deelneming met derden, bij te dragen tot de vestiging en de ontwikkeling van ondernemingen.
  30. Het opnemen van bestuurders-, vereffenaars- of andere mandaten in Belgische en/of buitenlandse vennootschappen;
  31. Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium, alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving, overname of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen;
  32. Het bevorderen van de oprichting van vennootschappen door inbreng, participatie of investering:
  33. Het toestaan van leningen en kredietopeningen aan vennootschappen en particulieren, onder om het even welke vorm; in dit kader kan zij zich ook borg stellen of haar aval verlenen, in de meest ruime zin, alle handels- en financiële operaties verrichten behalve die welke wettelijk voorbehouden zijn aan depositobanken, houders van deposito’s op korte termijn, spaarbanken, hypotheekmaatschappijen en kapitalisatieondernemingen.
  34. De vennootschap zal op alle wijzen belangen kunnen nemen in alle zaken, ondernemingen of vennootschappen met eenzelfde gelijklopend of aanverwant voorwerp en dat van aard is de ontwikkeling van haar onderneming te bevorderen of haar klantenbestand uit te breiden.
  35. Zij kan zowel in België als in het buitenland verder alle commerciële, industriële, financiële, roerende en onroerende verrichtingen doen die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp.
  36. Zij mag eveneens belangen hebben bij wijze van inbreng, inschrijving of anderszins, in alle ondernemingen, verenigingen of vennootschappen, die een gelijkaardig, analoog of aanverwant voorwerp nastreven, of waarvan het voorwerp van aard is dat van de vennootschap te bevorderen.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
LIBRAF
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Artikel 2.Zetel, administratieve zetels,agentschappen,ateliers,opslagplaatsen en bijhuizen oprichten of opheffen bij enkel besluit…” (deed in Dutch)

deed of 26-10-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Hetzij één enkele bestuurder,hetzij een raad van bestuur, overeenkomstig beslissing algemene vergadering bij benoeming bestuursorgaan” (deed in Dutch)
“Algemene vergadering” (deed in Dutch)
2 more provisions on this in the deed

deed of 26-10-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed

deed of 26-10-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Monday of June at 20:00

deed of 26-10-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Benoeming vereffenaars, een of meer” (deed in Dutch)
“Bevoegdheden vereffenaars, alle verrichtingen vermeld in de wet” (deed in Dutch)
“Wijze van vereffening, netto-actief in geld of effecten onder aandeelhouders naar verhouding aantal aandelen” (deed in Dutch)

deed of 26-10-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Verhoging en vermindering van het kapitaal, algemene vergadering” (deed in Dutch)
Other provision: “Voorkeurrecht op inschrijving van het kapitaal in geld, aandelen waarop in geld wordt ingeschreven” (deed in Dutch)
Other provision: “Opvraging van stortingen, uitsluitend overschrijving of storting op opgegeven bankrekening” (deed in Dutch)
Other provision: “Op naam, Aard van de aandelen” (deed in Dutch)
Other provision: “Aard van andere effecten, rekening bij erkende rekeninghouder of vereffeningsinstelling” (deed in Dutch)
Other provision: “Ondeelbaarheid van aandelen” (deed in Dutch)
Other provision: “Verkrijging eigen aandelen of certificaten, Wetboek van Vennootschappen en Verenigingen” (deed in Dutch)
Other provision: “Bijzonder gevolmachtigden, binnen perken verleende volmacht” (deed in Dutch)
Other provision: “Schriftelijke besluitvorming raad, eenparig schriftelijk akkoord zonder vergadering” (deed in Dutch)
Other provision: “Controle-commissaris, bedrijfsrevisoren ingeschreven openbaar register of geregistreerde auditkantoren” (deed in Dutch)
Other provision: “Toelating algemene vergadering, door erkende rekeninghouder of vereffeningsinstelling opgesteld te bezorgen” (deed in Dutch)
Other provision: “Gevolmachtigde, elke eigenaar van effecten” (deed in Dutch)
Other provision: “Stemming per brief of langs elektronische weg, voor algemene vergadering” (deed in Dutch)
Other provision: “Voorzitter raad van bestuur, bevoegdheid-samenstelling bureau algemene vergadering” (deed in Dutch)
Other provision: “Niet over onderwerpen niet in agenda vermeld, beraadslaging algemene vergadering” (deed in Dutch)
Other provision: “Schriftelijk, alle besluiten tot bevoegdheid algemene vergadering” (deed in Dutch)
Other provision: “Elektronische algemene vergadering, bij aangetekend schrijven aan bestuursorgaan” (deed in Dutch)
Other provision: “Stemrecht, meerderheid van stemmen ongeacht aantal vertegenwoordigde effecten” (deed in Dutch)
Other provision: “Raad van bestuur, drie weken” (deed in Dutch)
Other provision: “Notulen algemene vergadering, aanwezigheidslijst,verslagen,volmachten,schriftelijke stemmingen” (deed in Dutch)
Other provision: “Bestemming van de winst, jaarvergadering bij gewone meerderheid van stemmen” (deed in Dutch)
Other provision: “Uitkering dividenden en interimdividenden, raad van bestuur” (deed in Dutch)
Other provision: “Uitsluitend rechtbanken van de zetel, geschillen” (deed in Dutch)
Other provision: “Toepasselijkheid Wetboek van vennootschappen en verenigingen, bepalingen waarvan niet geldig is afgeweken geacht ingeschreven” (deed in Dutch)
6 more provisions in the deed, see the deed of 26-10-2023

deed of 26-10-2023