Oostpharma
ActiveSummary
Oostpharma has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €243,303 and a net result of €50,468. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 52% of 10522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+3
Solvency64▲+9
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity tight (current ratio 1.19 against 0.94 in 2024; short-term debt: 43.7% and cash: 10.8% of total assets), and 61.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
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
38.8%
Return on assets
8%
Age of the figures
9 mo
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
15 d early
2023
19 d early
2022
11 d early
2021
23 d early
2020
19 d early
2019
17 d early
← 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 18 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 13 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€243,303▲ 26.2%
2024 · €192,835
Total assets
€627,051▼ 3.9%
2024 · €652,162
Net result
€50,468▲ 28.3%
2024 · €39,328
Working capital
€50,825
2024 · -€19,490
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
Line20212022202320242025
Operating result€3,655▼ 88.5%€84,690▲ 2,217%€60,241▼ 28.9%€54,853▼ 8.9%€72,891▲ 32.9%
Net result€2,820below the sector's middle half▼ 90.6%€74,508within the sector's middle half▲ 2,542%€50,025within the sector's middle half▼ 32.9%€39,328within the sector's middle half▼ 21.4%€50,468within the sector's middle half▲ 28.3%
Equity€343,974within the sector's middle half▲ 0.8%€378,482within the sector's middle half▲ 10.0%€403,506within the sector's middle half▲ 6.6%€192,835within the sector's middle half▼ 52.2%€243,303within the sector's middle half▲ 26.2%
Total assets€695,764within the sector's middle half▼ 3.1%€719,604within the sector's middle half▲ 3.4%€693,391within the sector's middle half▼ 3.6%€652,162within the sector's middle half▼ 5.9%€627,051within the sector's middle half▼ 3.9%
Debt€351,790▼ 6.7%€341,122▼ 3.0%€289,885▼ 15.0%€459,327▲ 58.5%€383,749▼ 16.5%
Working capital€130,580within the sector's middle half▼ 18.9%€161,490within the sector's middle half▲ 23.7%€186,725within the sector's middle half▲ 15.6%-€19,490below the sector's middle half€50,825within the sector's middle half
Solvency49.4%within the sector's middle half▲ 1.9pp52.6%within the sector's middle half▲ 3.2pp58.2%within the sector's middle half▲ 5.6pp29.6%within the sector's middle half▼ 28.6pp38.8%within the sector's middle half▲ 9.2pp
Current ratio1.86within the sector's middle half▼ 0.221.95within the sector's middle half▲ 0.092.26within the sector's middle half▲ 0.310.94below the sector's middle half▼ 1.321.19within the sector's middle half▲ 0.24
Return on assets (ROA)0.4%below the sector's middle half▼ 3.8pp10.4%within the sector's middle half▲ 9.9pp7.2%within the sector's middle half▼ 3.1pp6.0%within the sector's middle half▼ 1.2pp8.0%within the sector's middle half▲ 2.0pp
Staff (FTE)0.6below the sector's middle half=0.5below the sector's middle half▼ 16.7%1.1below the sector's middle half▲ 120%1below the sector's middle half▼ 9.1%1below the sector's middle half=
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.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 33% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €627,051
Fixed assets
€302,237 ▼ 9.7%
Current assets
€324,814 ▲ 2.3%
Equity and liabilities €627,051
Equity
€243,303 ▲ 26.2%
Debt
€383,749 ▼ 16.5%
Debt's share of the balance-sheet total falls from 70.4% to 61.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€105,404▲
2024 · €86,938
Cash flow
€82,981▲
2024 · €71,413
Quick ratio
0.61▲
2024 · 0.53
Debt to equity
1.58▼
2024 · 2.38
ROE
20.7%▲
2024 · 20.4%
Interest coverage
19.06▼
2024 · 21.90
Debt ≤ 1 year
€273,989▼
2024 · €336,901
Debt > 1 year
€109,020▼
2024 · €119,915
Income taxes
€18,091▲
2024 · €13,744
Staff costs
€39,961▲
2024 · €26,459
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
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 0.5% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 31,370 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €20,426 | €18,316 | €41,595 | €26,459 | €39,961 | ▲ 51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €63,652 | €38,720 | €31,240 | €32,084 | €32,513 | ▲ 1.3% |
| Other operating charges640/8 | €1,732 | €1,202 | €1,304 | €1,356 | €1,367 | ▲ 0.8% |
| Gross operating margin9900 | €89,465 | €142,928 | €134,381 | €114,753 | €146,732 | ▲ 27.9% |
| Operating profit (loss)9901 | €3,655 | €84,690 | €60,241 | €54,853 | €72,891 | ▲ 32.9% |
| Financial income75/76B | €2,233 | €2,466 | €2,093 | €2,189 | €1,198 | ▼ 45.3% |
| Recurring financial income75 | €2,233 | €2,466 | €2,093 | €2,189 | €1,198 | ▼ 45.3% |
| Financial charges65/66B | €3,069 | €2,667 | €2,569 | €3,970 | €5,530 | ▲ 39.3% |
| Recurring financial charges65 | €3,069 | €2,667 | €2,569 | €3,970 | €5,530 | ▲ 39.3% |
| Profit (loss) for the period before taxes9903 | €2,820 | €84,488 | €59,765 | €53,072 | €68,559 | ▲ 29.2% |
| Income taxes67/77 | - | €9,980 | €9,741 | €13,744 | €18,091 | ▲ 31.6% |
| Profit (loss) for the period9904 | €2,820 | €74,508 | €50,025 | €39,328 | €50,468 | ▲ 28.3% |
| Profit (loss) for the period to be appropriated9905 | €2,820 | €74,508 | €50,025 | €39,328 | €50,468 | ▲ 28.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €695,764 | €719,604 | €693,391 | €652,162 | €627,051 | ▼ 3.9% |
| Fixed assets21/28 | €412,874 | €388,365 | €358,896 | €334,750 | €302,237 | ▼ 9.7% |
| Intangible fixed assets21 | €929 | €2,690 | €2,091 | €1,491 | €892 | ▼ 40.2% |
| Tangible fixed assets22/27 | €405,945 | €379,675 | €350,806 | €327,259 | €295,346 | ▼ 9.8% |
| Land and buildings22 | €331,361 | €320,243 | €298,339 | €276,453 | €254,759 | ▼ 7.8% |
| Plant, machinery and equipment23 | €71,650 | €57,505 | €49,505 | €48,863 | €39,594 | ▼ 19.0% |
| Furniture and vehicles24 | €2,934 | €1,927 | €2,962 | €1,943 | €993 | ▼ 48.9% |
| Financial fixed assets28 | €6,000 | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Current assets29/58 | €282,890 | €331,238 | €334,495 | €317,412 | €324,814 | ▲ 2.3% |
| Stocks and contracts in progress3 | €108,632 | €125,237 | €137,082 | €138,531 | €157,033 | ▲ 13.4% |
| Stocks30/36 | €108,632 | €125,237 | €137,082 | €138,531 | €157,033 | ▲ 13.4% |
| Amounts receivable within one year40/41 | €83,532 | €84,928 | €98,972 | €65,645 | €92,834 | ▲ 41.4% |
| Trade receivables40 | €80,007 | €78,326 | €98,972 | €65,605 | €91,516 | ▲ 39.5% |
| Other amounts receivable41 | €3,524 | €6,602 | - | €40 | €1,318 | ▲ 3,195% |
| Current investments50/53 | €39,000 | €45,000 | €51,000 | - | - | - |
| Cash at bank and in hand54/58 | €46,224 | €67,960 | €40,650 | €106,010 | €67,613 | ▼ 36.2% |
| Deferred charges and accrued income490/1 | €5,503 | €8,113 | €6,790 | €7,225 | €7,334 | ▲ 1.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €695,764 | €719,604 | €693,391 | €652,162 | €627,051 | ▼ 3.9% |
| Equity10/15 | €343,974 | €378,482 | €403,506 | €192,835 | €243,303 | ▲ 26.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €325,374 | €359,882 | €384,906 | €174,235 | €224,703 | ▲ 29.0% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | €24,937 | €24,937 | €24,937 | €24,937 | €24,937 | = |
| Distributable reserves133 | €298,577 | €333,085 | €359,970 | €149,298 | €199,766 | ▲ 33.8% |
| Amounts payable17/49 | €351,790 | €341,122 | €289,885 | €459,327 | €383,749 | ▼ 16.5% |
| Amounts payable after more than one year17 | €199,417 | €170,561 | €141,353 | €119,915 | €109,020 | ▼ 9.1% |
| Financial debts170/4 | €199,417 | €170,561 | €141,353 | €119,915 | €109,020 | ▼ 9.1% |
| Amounts payable within one year42/48 | €152,310 | €169,748 | €147,770 | €336,901 | €273,989 | ▼ 18.7% |
| Current portion of amounts payable after more than one year42 | €28,510 | €28,857 | €29,208 | €22,376 | €10,942 | ▼ 51.1% |
| Trade debts44 | €48,177 | €55,278 | €47,677 | €51,513 | €37,877 | ▼ 26.5% |
| Suppliers440/4 | €48,177 | €55,278 | €47,677 | €51,513 | €37,877 | ▼ 26.5% |
| Advances received on contracts in progress46 | - | - | €124 | - | - | - |
| Taxes, remuneration and social security45 | €2,380 | €7,574 | €20,163 | €7,703 | €17,682 | ▲ 130% |
| Taxes450/3 | - | €4,980 | €14,721 | €3,744 | €11,835 | ▲ 216% |
| Remuneration and social security454/9 | €2,380 | €2,594 | €5,443 | €3,958 | €5,847 | ▲ 47.7% |
| Other amounts payable47/48 | €73,243 | €78,039 | €50,598 | €255,309 | €207,488 | ▼ 18.7% |
| Accrued charges and deferred income492/3 | €63 | €813 | €762 | €2,511 | €740 | ▼ 70.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,820 | €74,508 | €50,025 | €39,328 | €50,468 | ▲ 28.3% |
| + Depreciation and write-downs630 | €63,652 | €38,720 | €31,240 | €32,084 | €32,513 | ▲ 1.3% |
| Operating cash flow (approximation) | €66,472 | €113,228 | €81,265 | €71,413 | €82,981 | ▲ 16.2% |
| Investment in fixed assets (approximation) | - | -€14,212 | -€1,771 | -€7,938 | €0 | ▲ 100% |
| Change in cash | - | €21,736 | -€27,310 | €65,360 | -€38,397 | ▼ 159% |
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
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €200,000Eq €243,303 ▲26.2%
7 profitable years in a row build equity to €243,303.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €74,508 ▲2,542%
Operating result €84,690, net result €74,508, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €37,208
Net result €37,208 after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Assenede · 1 establishment unit since 2004
Ground area
1,344 m²
Building footprint
97 m²
Volume, LiDAR
665 m³
Parcel 43012A0491/00L000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Apotheek Rummens Lieven
since 20042.134.711.068
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43012A0491/00L000 | Flanders | 1,344 m² | 1 · 97 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
- GAVIC INVESTMENTS
- Oostpharma
Highest known parent: GAVIC INVESTMENTS. The sources do not say who stands above it.
Owners 1
- GAVIC INVESTMENTSparent100%
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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteAssenede2.134.711.068
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Of 5,220 companies in sector 47730 we hold annual accounts for 3,862. 3,540 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
Founded16-12-2003
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
Contact
Phone
09-373 67 92Assenede
Fax
09-373 40 79Assenede
E-invoicing
Reachable via Peppol
Peppol ID
0208:0862223003
Also
9925:BE0862223003
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.