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PHARGEST

Active Public limited companyfounded 1993active for 33 yearsChaussée de Dinant 16, 5170 ProfondevilleKBO/BCE: BE 0449.558.574 #3 company by total assets in Profondeville, Wholesale and retail trade sector

Lifetime

20 annual accounts with figures on one time axis, 33 filings since 1993
peak €737,898 (2024)
€716,867▼ 2.9%
lowest -€100,417 (2008)
€57,206▼ 37.9%
peak €873,887 (2023)
€871,154▲ 7.0%
€909,354▼ 1.5%
peak 7.8 FTE (2022)
7.8 FTEunchanged
Board2 names since 2016
2 directors and 1 other
Documentsfilings and deeds
23-07-20268 days before the deadline
2025abbreviated format
Result from €92,062 to €57,206Investments €244,437

Key points

from the 2025 annual accounts

Equity

€871,154 ▲ 7.0%

PHARGEST has made a profit without a break since 2010.

Turnover

≈ €2.6m estimated

The accounts state no turnover.

Investments

€244,437 2.7 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

9 employees on 31-12-2025
242021652022222023222024222025

In 2025, 2 people joined and 2 left.

Filings

33 annual accounts since 1993
AprilJune31 JulyOctober200020102020

The 2019 accounts came 28 days late. The other nine of the last ten were filed on time.

Position in the sector

€716,867

Higher gross margin than 80% of companies in retail trade. Sector median €281,313 · 13,217 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,035 companies had the same profile as PHARGEST has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
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 497,331 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 17,035 companies, not a prediction for PHARGEST. 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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Signals

Board and ownership

Director, since 24-06-2016
Director, since 24-06-2016
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0449558574
Reappointments: (director) and (director) General meeting of 24-06-2022 · Gazette deed
Capital decrease of €30,000 to €62,000 Capital from €92,000 to €62,000 · General meeting of 15-12-2017 · Gazette deed
Reappointments: (director) and (director) General meeting of 24-06-2016 · Gazette deed
All 45 events

Comparable companies

same main activity, similar in size and age
Company
PHARGEST Profondeville €1.8m €716,867 48.9% 7.8
PHARMACIE LUC MOREL Mouscron €1.8m €614,867 49.5% 9.3
VOLKSAPOTHEEK Lanaken €2.0m €731,151 46.0% 6.4
APOTHEEK PHILIPS Begijnendijk €1.8m €777,081 3.2% 6.2
PHARMACIE DE BARCHON Blegny €1.4m €778,830 60.3% 8.2
PHARMA & FLO Namur €2.6m €746,861 57.9% 7.6
PHARMACIE RENARD Ciney €1.5m €792,295 76.6% 8

These companies have the same main activity as PHARGEST: retail sale of pharmaceutical products (NACE 47730). They are comparable in size and age: total assets between €1.4m and €2.6m, founded between 1988 and 2003.

Official details

Source: KBO
Status
Active since 04-03-1993Normal situation
Activity
Retail sale of pharmaceutical productsNACE 47730
Establishment units
2.061.596.9235170 Profondeville, since 08-04-1993
2.174.241.4395000 Namur, since 01-10-2008
Financial year end
31 December
Peppol
Reachable since 11-08-2025
Company details

Annual accounts 2025

€1.8m▲ 2.5%
Employeeson 31-12-2025
9▲ 12.5%
Filing
Filed on 23-07-2026, 8 days before the end of the filing period
Financials

Insights on PHARGEST

PHARGEST files the abbreviated format. That format states no turnover. The gross margin rose from €161,117 in 2006 to €716,867 in 2025.

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 PHARGEST

What is the company number of PHARGEST?
The company number of PHARGEST is 0449.558.574. The VAT number is the same number with BE in front: BE 0449.558.574.
Where is PHARGEST based?
The registered office is at Chaussée de Dinant 16, 5170 Profondeville.Company details
What does PHARGEST do?
According to the KBO register, the main activity is retail sale of pharmaceutical products (NACE 47730).
What is the legal form of PHARGEST?
PHARGEST is a public limited company (NV).
When was PHARGEST founded?
PHARGEST was founded on 04-03-1993.
Is PHARGEST still active?
Yes, PHARGEST is an active enterprise in the KBO register.
How many employees does PHARGEST have?
PHARGEST had an average of 7.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PHARGEST?
The turnover in financial year 2025 is ≈ €2.6m. This figure is estimated from the gross margin of €716,867 and 47 comparable companies (NACE 477). It probably lies between €2.0m and €4.0m.
Is PHARGEST profitable?
In financial year 2025, PHARGEST made a profit of €57,206.
Where can I find the annual accounts of PHARGEST?
PHARGEST filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PHARGEST due?
PHARGEST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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