PHARGEST
ActiveSummary
PHARGEST has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €871,154 and a net result of €57,206. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 64% of 4209 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-2
Solvency74▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.23 in 2024; short-term debt: 45.8% and cash: 13.1% of total assets), and 51.1% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Seven 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 →
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
48.9%
Return on assets
3.2%
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
on the day
2023
22 d early
2022
17 d early
2021
27 d early
2020
15 d early
2019
28 d 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 9 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#3 company by total assets in Profondeville, Wholesale and retail trade sector#5 company by equity in Profondeville, Wholesale and retail trade sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€57,206▼ 37.9%
2024 · €92,062
Working capital
€68,472▼ 62.7%
2024 · €183,334
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€190,650▲ 37.3%€178,882▼ 6.2%€192,279▲ 7.5%€172,807▼ 10.1%€118,578▼ 31.4%
Net result€121,381▲ 42.5%€103,255▼ 14.9%€121,944▲ 18.1%€92,062▼ 24.5%€57,206▼ 37.9%
Equity€813,188▼ 2.3%€751,943▼ 7.5%€873,887▲ 16.2%€813,949▼ 6.9%€871,154▲ 7.0%
Total assets€1.6m▼ 1.5%€1.6m▼ 3.1%€1.7m▲ 7.3%€1.7m▲ 3.1%€1.8m▲ 2.5%
Debt€808,192▼ 0.6%€818,843▲ 1.3%€810,853▼ 1.0%€923,289▲ 13.9%€909,354▼ 1.5%
Working capital€83,322▼ 50.5%€41,141▼ 50.6%€187,316▲ 355%€183,334▼ 2.1%€68,472▼ 62.7%
Staff (FTE)7.6▲ 4.1%7.8▲ 2.6%7.8=7.8=7.8=
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 31% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€896,488 ▲ 20.8%
Current assets
€884,021 ▼ 11.2%
Equity and liabilities €1.8m
Equity
€871,154 ▲ 7.0%
Debt
€909,354 ▼ 1.5%
Debt's share of the balance-sheet total falls from 53.1% to 51.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€208,768▼
2024 · €266,918
Cash flow
€147,396▼
2024 · €186,173
Current ratio
1.08▼
2024 · 1.23
Quick ratio
0.53▼
2024 · 0.59
Debt to equity
1.04▼
2024 · 1.13
ROE
6.6%▼
2024 · 11.3%
ROA
3.2%▼
2024 · 5.3%
Interest coverage
6.19▼
2024 · 7.18
Debt ≤ 1 year
€815,549▲
2024 · €811,663
Debt > 1 year
€70,131▼
2024 · €89,032
Income taxes
€27,918▼
2024 · €44,925
Staff costs
€498,026▲
2024 · €461,256
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% 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 497,058 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% | 1.6% |
| 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 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 16,986 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 | €373,879 | €431,767 | €454,105 | €461,256 | €498,026 | ▲ 8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €110,189 | €110,177 | €72,215 | €94,111 | €90,190 | ▼ 4.2% |
| Other operating charges640/8 | €8,412 | €8,554 | €9,441 | €9,723 | €10,072 | ▲ 3.6% |
| Non-recurring operating charges66A | €0 | - | - | - | - | - |
| Gross operating margin9900 | €683,129 | €729,379 | €728,040 | €737,898 | €716,867 | ▼ 2.9% |
| Operating profit (loss)9901 | €190,650 | €178,882 | €192,279 | €172,807 | €118,578 | ▼ 31.4% |
| Financial income75/76B | €4,613 | €585 | €82 | €1,340 | €278 | ▼ 79.3% |
| Recurring financial income75 | €4,613 | €585 | €82 | €1,340 | €278 | ▼ 79.3% |
| Financial charges65/66B | €17,693 | €17,609 | €21,797 | €37,160 | €33,731 | ▼ 9.2% |
| Recurring financial charges65 | €17,693 | €17,609 | €21,797 | €37,160 | €33,731 | ▼ 9.2% |
| Profit (loss) for the period before taxes9903 | €177,570 | €161,858 | €170,564 | €136,987 | €85,124 | ▼ 37.9% |
| Income taxes67/77 | €56,189 | €58,603 | €48,620 | €44,925 | €27,918 | ▼ 37.9% |
| Profit (loss) for the period9904 | €121,381 | €103,255 | €121,944 | €92,062 | €57,206 | ▼ 37.9% |
| Transfer to tax-exempt reserves689 | - | - | €58,940 | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €121,381 | €103,255 | €63,004 | €92,062 | €57,206 | ▼ 37.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.6m | €1.7m | €1.7m | €1.8m | ▲ 2.5% |
| Fixed assets21/28 | €807,691 | €725,898 | €805,106 | €742,241 | €896,488 | ▲ 20.8% |
| Intangible fixed assets21 | €1,594 | €797 | €1,546 | €1,229 | €912 | ▼ 25.8% |
| Tangible fixed assets22/27 | €806,048 | €725,052 | €803,510 | €740,962 | €895,526 | ▲ 20.9% |
| Land and buildings22 | €587,326 | €559,240 | €577,535 | €544,766 | €511,997 | ▼ 6.0% |
| Plant, machinery and equipment23 | €18,486 | €865 | €100,596 | €79,774 | €65,292 | ▼ 18.2% |
| Furniture and vehicles24 | €74,177 | €36,231 | €20,645 | €22,135 | €17,382 | ▼ 21.5% |
| Leasing and similar rights25 | - | €10,413 | €7,810 | €5,207 | €2,603 | ▼ 50.0% |
| Other tangible fixed assets26 | €126,059 | €118,302 | €96,924 | €89,079 | €86,238 | ▼ 3.2% |
| Assets under construction and advance payments27 | - | - | - | - | €212,014 | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €813,688 | €844,888 | €879,634 | €994,996 | €884,021 | ▼ 11.2% |
| Stocks and contracts in progress3 | €426,540 | €465,467 | €499,860 | €518,418 | €455,669 | ▼ 12.1% |
| Stocks30/36 | €426,540 | €465,467 | €499,860 | €518,418 | €455,669 | ▼ 12.1% |
| Amounts receivable within one year40/41 | €157,041 | €155,050 | €249,747 | €161,801 | €183,921 | ▲ 13.7% |
| Trade receivables40 | €146,440 | €148,274 | €237,105 | €153,212 | €160,553 | ▲ 4.8% |
| Other amounts receivable41 | €10,600 | €6,776 | €12,642 | €8,589 | €23,368 | ▲ 172% |
| Current investments50/53 | €2,941 | €2,941 | €1,500 | €3,203 | €3,508 | ▲ 9.5% |
| Cash at bank and in hand54/58 | €207,156 | €202,175 | €109,787 | €303,651 | €233,280 | ▼ 23.2% |
| Deferred charges and accrued income490/1 | €20,011 | €19,254 | €18,740 | €7,923 | €7,642 | ▼ 3.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.6m | €1.7m | €1.7m | €1.8m | ▲ 2.5% |
| Equity10/15 | €813,188 | €751,943 | €873,887 | €813,949 | €871,154 | ▲ 7.0% |
| Contributions10/11 | €62,650 | €62,650 | €62,650 | €62,650 | €62,650 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Outside capital11 | €650 | €650 | €650 | €650 | €650 | = |
| Share premium1100/10 | €650 | €650 | €650 | €650 | €650 | = |
| Reserves13 | €559,850 | €498,350 | €620,290 | €560,290 | €617,390 | ▲ 10.2% |
| Non-distributable reserves130/1 | €527,850 | €466,350 | €529,350 | €469,350 | €526,450 | ▲ 12.2% |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves not available under the articles1311 | €521,650 | €460,150 | €523,150 | €463,150 | €520,250 | ▲ 12.3% |
| Tax-exempt reserves132 | €16,000 | €16,000 | €74,940 | €74,940 | €74,940 | = |
| Distributable reserves133 | €16,000 | €16,000 | €16,000 | €16,000 | €16,000 | = |
| Profit (loss) carried forward14 | €190,688 | €190,943 | €190,947 | €191,008 | €191,114 | ▲ 0.1% |
| Amounts payable17/49 | €808,192 | €818,843 | €810,853 | €923,289 | €909,354 | ▼ 1.5% |
| Amounts payable after more than one year17 | €73,663 | €11,254 | €106,485 | €89,032 | €70,131 | ▼ 21.2% |
| Financial debts170/4 | €70,723 | €8,314 | €104,985 | €85,832 | €66,631 | ▼ 22.4% |
| Other amounts payable178/9 | €2,940 | €2,940 | €1,500 | €3,200 | €3,500 | ▲ 9.4% |
| Amounts payable within one year42/48 | €730,367 | €803,747 | €692,318 | €811,663 | €815,549 | ▲ 0.5% |
| Current portion of amounts payable after more than one year42 | €165,686 | €73,198 | €18,276 | €19,152 | €19,202 | ▲ 0.3% |
| Financial debts43 | €10,040 | €13,397 | €0 | - | €13,445 | - |
| Credit institutions430/8 | €10,040 | €13,397 | €0 | - | €13,445 | - |
| Trade debts44 | €280,409 | €304,202 | €286,338 | €270,455 | €305,085 | ▲ 12.8% |
| Suppliers440/4 | €280,409 | €304,202 | €286,338 | €270,455 | €305,085 | ▲ 12.8% |
| Taxes, remuneration and social security45 | €89,679 | €104,021 | €111,637 | €105,138 | €100,791 | ▼ 4.1% |
| Taxes450/3 | €44,631 | €53,614 | €46,249 | €34,980 | €31,527 | ▼ 9.9% |
| Remuneration and social security454/9 | €45,048 | €50,407 | €65,388 | €70,157 | €69,264 | ▼ 1.3% |
| Other amounts payable47/48 | €184,553 | €308,928 | €276,067 | €416,918 | €377,025 | ▼ 9.6% |
| Accrued charges and deferred income492/3 | €4,162 | €3,843 | €12,050 | €22,594 | €23,675 | ▲ 4.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €121,381 | €103,255 | €121,944 | €92,062 | €57,206 | ▼ 37.9% |
| + Depreciation and write-downs630 | €110,189 | €110,177 | €72,215 | €94,111 | €90,190 | ▼ 4.2% |
| Operating cash flow (approximation) | €231,570 | €213,432 | €194,159 | €186,173 | €147,396 | ▼ 20.8% |
| Investment in fixed assets (approximation) | - | -€28,383 | -€151,422 | -€31,247 | -€244,437 | ▼ 682% |
| Change in cash | - | -€4,981 | -€92,388 | €193,864 | -€70,371 | ▼ 136% |
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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €57,206 ▼37.9%
Net result drops to €57,206, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €121,944 ▲18.1%
Operating result €192,279, net result €121,944, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has 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.
Directors · office · real estate
Directors
4 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, Profondeville · 2 establishment units since 1993
Ground area
4,241 m²
Building footprint
319 m²
Volume, LiDAR
2,991 m³
2 parcels, Wallonia · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Pharmacie Lohisse
since 19932.061.596.923
Pharmacie de La Plante
since 20082.174.241.439
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92302E0278/00Y000 | Wallonia | 2,712 m² | 1 · 123 m² | 10.5 m · 3 fl. |
| 92101B0083/00X004 | Wallonia | 1,528 m² | 1 · 196 m² | 12.3 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.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesNamur2.174.241.439
Profondeville2.061.596.923
Legal Entity Identifier
875500XJT9C3P2W01D78
Similar companies · same sector, comparable size
APOTEEK MOMMAERT
BE 0414.393.205
Beersel · Eq €871,016
APOTHEEK MEELBERGHS
BE 0427.922.527
Diest · Eq €872,136
MEDIFAR
BE 0456.978.480
Meerhout · Eq €869,111
Westend Healthcare
BE 0636.996.426
Middelkerke · Eq €868,481
Pharmacie de Péronnes
BE 0406.159.586
Binche · Eq €874,893
Of 5,220 companies in sector 47730 we hold annual accounts for 3,860. 3,112 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-03-1993
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
Contact
Website
www.pharmacielohisse.be
E-mail
info@phargest.be
Phone
081/41.10.38
Fax
081/41.33.57
Website
www.pharmaciedelaplante.beNamur
Phone
081/22.58.84Namur
Fax
081/22.56.49Namur
E-invoicing
Reachable via Peppol
Peppol ID
0208:0449558574
Registered
11-08-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.