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MAXPHARMA

Active Public limited companyfounded 2000active for 26 yearsSteenweg op Waver 736, 1040 EtterbeekKBO/BCE: BE 0471.830.863 subsidiary of

Lifetime

20 annual accounts with figures on one time axis, 26 filings since 2000
peak €225,463 (2021)
€113,032▲ 27.5%
lowest -€25,208 (2024)
€15,264▲ €40,472
peak €334,157 (2021)
€284,725▼ 1.6%
€142,260▲ 30.9%
peak 2.7 FTE (2024)
1.9 FTE▼ 29.6%
Board5 names since 2018
1 director
Owners
100%
Documentsfilings and deeds
01-07-202630 days before the deadline
2025abbreviated format
Gross margin from €88,665 to €113,032Back to profit: €15,264Staff from 2.7 FTE to 1.9 FTERegistered office moved from Wavre to Etterbeek 24-01Dividend €20,000Debts from €108,713 to €142,260

Key points

from the 2025 annual accounts

Equity

€284,725 ▼ 1.6%
289,4612024+15,264Profit-20,000Dividend284,7252025

MAXPHARMA paid out €20,000 in dividends. That is 131% of the 2025 profit.

Staff

2 employees on 31-12-2025
432021462022432023542024232025

In 2025, 2 people joined and 3 left.

Filings

26 annual accounts since 2000
AprilJune31 JulyOctober200020102020

Five of the last ten came late. The 2022 accounts came latest: 452 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,044 companies had the same profile as MAXPHARMA has now. Each dot stands for 43 companies, two years later.

94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,044 companies, not a prediction for MAXPHARMA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director,
  • 100%score equity €141,142 (2025) · 2025 annual accounts of

Shares in 1 company,

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0471830863
Registered office moved from Wavre to Etterbeek New registered office: chaussée de Wavre n°736, 1040 ETTERBEEK · Previous registered office: rue des Templiers 73, 1301 Wavre · Resignation: (managing director) · General meeting of 01-01-2025 · Gazette deed
New managing director appointed, resigned · Permanent representative: · Director discharge: · General meeting of 10-02-2022 · Gazette deed
Resignation: (managing director) General meeting of 07-05-2021 · Gazette deed
All 42 events

Comparable companies

same main activity, similar in size and age
Company
MAXPHARMA Etterbeek €426,986 €113,032 66.7% 1.9
APOTHEEK MEES NIEUWRODE Holsbeek €441,980 €134,117 -1.5% 1.9
OFFIPHARMA Froidchapelle €399,757 €124,712 65.3% 1.5
COBEA PHARMA Villers-la-Ville €362,823 €144,021 40.4% 2
APOTHEEK MEES HAACHT STATION Haacht €499,951 €137,247 37.9% 1.6
POGGE Schaerbeek €285,910 €128,031 34.5% 2
PHARMACIE DERASSE La Louvière €387,571 €148,815 26.6% 1.8

These companies have the same main activity as MAXPHARMA: retail sale of pharmaceutical products (NACE 47730). They are comparable in size and age: total assets between €286,000 and €500,000, founded between 2001 and 2005.

Official details

Source: KBO
Status
Active since 05-05-2000Normal situation
Activity
Retail sale of pharmaceutical productsNACE 47730
Joint committee
313Pharmacies and pricing offices · annual accounts 2025
Establishment unit
2.098.675.3701040 Etterbeek, since 18-12-2001
Financial year end
31 December
Peppol
Reachable since 18-12-2025
Company details

Annual accounts 2025

≈ €530,000estimated
€426,986▲ 7.2%
Employeeson 31-12-2025
2▼ 60.0%
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on MAXPHARMA

MAXPHARMA files the abbreviated format. That format states no turnover. The gross margin rose from €78,126 in 2006 to €113,032 in 2025.

holds all the shares. In January 2025, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MAXPHARMA

What is the company number of MAXPHARMA?
The company number of MAXPHARMA is 0471.830.863. The VAT number is the same number with BE in front: BE 0471.830.863.
Where is MAXPHARMA based?
The registered office is at Steenweg op Waver 736, 1040 Etterbeek.Company details
What does MAXPHARMA do?
According to the KBO register, the main activity is retail sale of pharmaceutical products (NACE 47730).
What is the legal form of MAXPHARMA?
MAXPHARMA is a public limited company (NV).
When was MAXPHARMA founded?
MAXPHARMA was founded on 05-05-2000.
Is MAXPHARMA still active?
Yes, MAXPHARMA is an active enterprise in the KBO register.
How many employees does MAXPHARMA have?
MAXPHARMA had an average of 1.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MAXPHARMA fall under?
In its 2025 annual accounts, MAXPHARMA states joint committee 313 (Pharmacies and pricing offices).
What is the turnover of MAXPHARMA?
The turnover in financial year 2025 is ≈ €530,000. This figure is estimated from the gross margin of €113,032 and 52 comparable companies (NACE 477). It probably lies between €360,000 and €990,000.
Is MAXPHARMA profitable?
In financial year 2025, MAXPHARMA made a profit of €15,264.
Where can I find the annual accounts of MAXPHARMA?
MAXPHARMA filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAXPHARMA due?
MAXPHARMA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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