LOUVIMAR
ActiveSummary
LOUVIMAR has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €147,721 and a net result of -€14,383. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 38% of 6550 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability33▼-37
Solvency48=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.95 in 2023; short-term debt: 77% and cash: 29.8% of total assets), and 77% of the assets are financed with debt.
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Signals
Five 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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
23%
Return on assets
-2.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
not confirmed
2024
29 d late
2023
13 d late
2022
32 d late
2021
29 d late
2020
47 d late
2019
21 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 29 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€14,383
2023 · €6,074
Working capital
-€28,833▼ 0.9%
2023 · -€28,572
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€25,155▲ 298%€20,633▼ 18.0%€12,368▼ 40.1%€4,788▼ 61.3%-€12,687
Net result€14,040within the sector's middle half€9,231within the sector's middle half▼ 34.3%-€750within the sector's middle half€6,074within the sector's middle half-€14,383below the sector's middle half
Equity€146,709within the sector's middle half▲ 10.6%€155,940within the sector's middle half▲ 6.3%€155,190within the sector's middle half▼ 0.5%€162,104within the sector's middle half▲ 4.5%€147,721within the sector's middle half▼ 8.9%
Total assets€585,573within the sector's middle half▲ 16.9%€576,562within the sector's middle half▼ 1.5%€649,423within the sector's middle half▲ 12.6%€691,892within the sector's middle half▲ 6.5%€642,329within the sector's middle half▼ 7.2%
Debt€438,864▲ 19.2%€420,622▼ 4.2%€494,233▲ 17.5%€529,788▲ 7.2%€494,607▼ 6.6%
Working capital-€49,705below the sector's middle half▲ 25.2%-€38,484below the sector's middle half▲ 22.6%-€30,202below the sector's middle half▲ 21.5%-€28,572below the sector's middle half▲ 5.4%-€28,833below the sector's middle half▼ 0.9%
Solvency25.1%within the sector's middle half▼ 1.4pp27.0%within the sector's middle half▲ 2.0pp23.9%within the sector's middle half▼ 3.1pp23.4%within the sector's middle half▼ 0.5pp23.0%within the sector's middle half▼ 0.4pp
Current ratio0.88below the sector's middle half▲ 0.080.91below the sector's middle half▲ 0.020.94below the sector's middle half▲ 0.030.95below the sector's middle half▲ 0.010.94below the sector's middle half=
Return on assets (ROA)2.4%within the sector's middle half▲ 2.6pp1.6%within the sector's middle half▼ 0.8pp-0.1%within the sector's middle half▼ 1.7pp0.9%within the sector's middle half▲ 1.0pp-2.2%below the sector's middle half▼ 3.1pp
Staff (FTE)2.7within the sector's middle half▼ 3.6%2.7within the sector's middle half=2.8within the sector's middle half▲ 3.7%2.7within the sector's middle half▼ 3.6%2.8within the sector's middle half▲ 3.7%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €12,687 after €4,788 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €642,329
Fixed assets
€176,555 ▼ 7.4%
Current assets
€465,774 ▼ 7.1%
Equity and liabilities €642,329
Equity
€147,721 ▼ 8.9%
Debt
€494,607 ▼ 6.6%
Debt's share of the balance-sheet total rises from 76.6% to 77.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3,860▼
2023 · €18,325
Cash flow
€2,164▼
2023 · €19,610
Quick ratio
0.63▼
2023 · 0.66
Debt to equity
3.35▲
2023 · 3.27
ROE
-9.7%▼
2023 · 3.7%
Interest coverage
2.09▼
2023 · 11.92
Debt ≤ 1 year
€494,607▼
2023 · €529,788
Income taxes
€990▲
2023 · -€2,803
Staff costs
€269,045▲
2023 · €254,162
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,448 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a small loss
1.4%
went bankrupt
5.0%
stopped otherwise
93%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,448 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €396 | €0 | €150 | - | - |
| Remuneration, social security and pensions62 | - | €228,055 | €254,006 | €254,162 | €269,045 | ▲ 5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,403 | €14,558 | €10,077 | €13,536 | €16,547 | ▲ 22.2% |
| Other operating charges640/8 | - | €4,268 | €4,920 | €4,191 | €4,908 | ▲ 17.1% |
| Non-recurring operating charges66A | - | €0 | - | - | €350 | - |
| Gross operating margin9900 | €273,069 | €267,514 | €281,371 | €276,677 | €278,163 | ▲ 0.5% |
| Operating profit (loss)9901 | €25,155 | €20,633 | €12,368 | €4,788 | -€12,687 | ▼ 365% |
| Financial income75/76B | - | €0 | €2 | €20 | €1,140 | ▲ 5,624% |
| Recurring financial income75 | €30 | €0 | €2 | €20 | €1,140 | ▲ 5,624% |
| Financial charges65/66B | - | €1,521 | €1,561 | €1,537 | €1,846 | ▲ 20.1% |
| Recurring financial charges65 | €1,661 | €1,521 | €1,561 | €1,537 | €1,846 | ▲ 20.1% |
| Profit (loss) for the period before taxes9903 | €23,524 | €19,112 | €10,810 | €3,271 | -€13,393 | ▼ 509% |
| Income taxes67/77 | €9,484 | €9,881 | €11,560 | -€2,803 | €990 | ▲ 135% |
| Profit (loss) for the period9904 | €14,040 | €9,231 | -€750 | €6,074 | -€14,383 | ▼ 337% |
| Profit (loss) for the period to be appropriated9905 | €14,040 | €9,231 | -€750 | €6,074 | -€14,383 | ▼ 337% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €585,573 | €576,562 | €649,423 | €691,892 | €642,329 | ▼ 7.2% |
| Fixed assets21/28 | €206,183 | €194,424 | €185,392 | €190,676 | €176,555 | ▼ 7.4% |
| Tangible fixed assets22/27 | €205,380 | €193,620 | €184,589 | €189,873 | €176,101 | ▼ 7.3% |
| Land and buildings22 | - | €187,508 | €178,704 | €169,900 | €161,096 | ▼ 5.2% |
| Plant, machinery and equipment23 | - | €5,032 | €5,164 | €19,613 | €15,005 | ▼ 23.5% |
| Furniture and vehicles24 | - | €1,080 | €720 | €360 | - | - |
| Financial fixed assets28 | €803 | €803 | €803 | €803 | €453 | ▼ 43.6% |
| Current assets29/58 | €379,390 | €382,138 | €464,031 | €501,216 | €465,774 | ▼ 7.1% |
| Stocks and contracts in progress3 | €146,872 | €127,471 | €133,695 | €151,762 | €155,626 | ▲ 2.5% |
| Stocks30/36 | - | €127,471 | €133,695 | €151,762 | €155,626 | ▲ 2.5% |
| Amounts receivable within one year40/41 | €93,261 | €56,596 | €79,327 | €126,331 | €91,288 | ▼ 27.7% |
| Trade receivables40 | - | €32,984 | €50,231 | €97,444 | €69,013 | ▼ 29.2% |
| Other amounts receivable41 | - | €23,612 | €29,096 | €28,887 | €22,275 | ▼ 22.9% |
| Current investments50/53 | - | - | - | €50,000 | €25,000 | ▼ 50.0% |
| Cash at bank and in hand54/58 | €136,151 | €193,051 | €248,071 | €170,862 | €191,351 | ▲ 12.0% |
| Deferred charges and accrued income490/1 | - | €5,020 | €2,938 | €2,260 | €2,510 | ▲ 11.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €585,573 | €576,562 | €649,423 | €691,892 | €642,329 | ▼ 7.2% |
| Equity10/15 | €146,709 | €155,940 | €155,190 | €162,104 | €147,721 | ▼ 8.9% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €111,860 | €111,860 | €111,860 | €111,860 | €111,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €110,000 | €110,000 | €110,000 | €110,000 | = |
| Profit (loss) carried forward14 | €16,249 | €25,480 | €24,730 | €31,644 | €17,261 | ▼ 45.5% |
| Amounts payable17/49 | €438,864 | €420,622 | €494,233 | €529,788 | €494,607 | ▼ 6.6% |
| Amounts payable after more than one year17 | €9,629 | €0 | - | - | - | - |
| Financial debts170/4 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €429,094 | €420,622 | €494,233 | €529,788 | €494,607 | ▼ 6.6% |
| Current portion of amounts payable after more than one year42 | - | €10,826 | €0 | - | - | - |
| Trade debts44 | €212,874 | €186,125 | €204,996 | €188,104 | €194,888 | ▲ 3.6% |
| Suppliers440/4 | - | €186,125 | €204,996 | €188,104 | €194,888 | ▲ 3.6% |
| Taxes, remuneration and social security45 | - | €38,061 | €36,666 | €39,760 | €56,685 | ▲ 42.6% |
| Taxes450/3 | - | €3,814 | €4,544 | - | €7,639 | - |
| Remuneration and social security454/9 | - | €34,247 | €32,122 | €39,760 | €49,046 | ▲ 23.4% |
| Other amounts payable47/48 | - | €185,609 | €252,571 | €301,924 | €243,035 | ▼ 19.5% |
| Accrued charges and deferred income492/3 | - | €0 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,040 | €9,231 | -€750 | €6,074 | -€14,383 | ▼ 337% |
| + Depreciation and write-downs630 | €22,403 | €14,558 | €10,077 | €13,536 | €16,547 | ▲ 22.2% |
| Operating cash flow (approximation) | €36,443 | €23,789 | €9,326 | €19,610 | €2,164 | ▼ 89.0% |
| Investment in fixed assets (approximation) | - | -€2,798 | -€1,045 | -€18,821 | -€2,425 | ▲ 87.1% |
| Change in cash | - | €56,900 | €55,020 | -€77,209 | €20,488 | ▲ 127% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€14,383
Net result drops to -€14,383, the lowest in the series.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 13 days late
2023
31-12
Financial
Back to profitnet €6,074
Net result €6,074 after one loss-making year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 32 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
31-12
Financial
Equity above €150,000Eq €155,940 ▲6.3%
2 profitable years in a row build equity to €155,940.
16-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 47 days late
2020
31-12
Financial
Back to profitnet €14,040
Net result €14,040 after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 21 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
10-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 11 days late
2016
03-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Perwez · 1 establishment unit since 1998
Ground area
4,730 m²
Building footprint
360 m²
Volume, LiDAR
2,373 m³
2 parcels, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Rue des Combattants 92, 1301 Wavre
since 19982.089.096.720
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25101B0206/00K000 | Wallonia | 3,364 m² | 1 · 203 m² | 7.6 m · 2 fl. |
| 25006D0282/00T000 | Wallonia | 1,366 m² | 1 · 157 m² | 9.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- FINANCIA PHARMA
- LOUVIMAR
Highest known parent: FINANCIA PHARMA. The sources do not say who stands above it.
Owners 1
- FINANCIA PHARMAparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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APOTHEEK MALDEREN
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APOTHEEK PHLIPPO
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PHARMACIE PLACE BOCKSTAEL
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Of 5,220 companies in sector 47730 we hold annual accounts for 3,862. 3,565 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-05-1998
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
68110Buying and selling of own real estate
68121Development of residential building projects
68122Development of non-residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0463466493
Also
9925:BE0463466493
Registered
16-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.