Pharm'up development
Annual accounts 2025
micro format, filed on 01-07-2026, 30 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €780,000. Estimated: probably between €380,000 and €1.4m.
Money flows
no detail for 2025Balance sheet
balance sheet total €286,691 on 31-12-2025in euro
in euro
Position in the sector
53.5%
Higher than 60% of 13,800 companies in 2025.
2.15
Higher than 60% of 13,181 companies in 2025.
37.4%
Higher than 93% of 13,360 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
286,691 | 262,799 | 290,913 | 292,892 | 246,093 | 279,350 | 169,042 | 169,719 | 153,836 | 123,733 | 131,549 | 113,133 | 195,959 | 130,472 | 72,162 | 108,030 | 94,328 | 70,595 | 29,164 | |
21/28 |
- | - | - | - | - | - | - | - | - | - | 3,724 | 7,449 | 11,173 | 14,898 | - | - | 12,567 | 25,134 | - | |
21 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,567 | 25,134 | - | |
22/27 |
- | - | - | - | - | - | - | - | - | - | 3,724 | 7,449 | 11,173 | 14,898 | - | - | - | - | - | |
24 |
- | - | - | - | - | - | - | - | - | - | 3,724 | 7,449 | 11,173 | 14,898 | - | - | - | - | - | |
29/58 |
286,691 | 262,799 | 290,913 | 292,892 | 246,093 | 279,350 | 169,042 | 169,719 | 153,836 | 123,733 | 127,825 | 105,684 | 184,786 | 115,574 | 72,162 | 108,030 | 81,761 | 45,461 | 29,164 | |
3 |
28,937 | 33,021 | 26,547 | 26,050 | 37,610 | 43,782 | 43,782 | 43,782 | 59,046 | 62,498 | 49,759 | 7,702 | 50,350 | 3,403 | 15,315 | 21,507 | 13,511 | 31,559 | - | |
30/36 |
28,937 | 33,021 | 26,547 | 26,050 | 37,610 | 43,782 | 43,782 | 43,782 | 59,046 | 62,498 | 49,759 | 7,702 | 50,350 | 3,403 | 15,315 | 21,507 | 13,511 | 31,559 | - | |
40/41 |
94,812 | 48,333 | 89,360 | 92,602 | 83,115 | 102,043 | 95,256 | 61,714 | 47,888 | 42,369 | 36,182 | 35,848 | 29,657 | 27,826 | 41,349 | 19,150 | 19,550 | 13,417 | 1,048 | |
40 |
94,812 | 46,781 | 83,836 | 89,332 | 81,573 | 100,502 | 63,599 | 55,569 | 38,884 | 35,723 | 27,788 | 25,077 | 24,897 | 21,676 | 28,144 | 17,719 | 19,518 | 5,672 | - | |
41 |
- | 1,552 | 5,524 | 3,270 | 1,542 | 1,542 | 31,657 | 6,145 | 9,003 | 6,646 | 8,394 | 10,771 | 4,760 | 6,150 | 13,205 | 1,431 | 33 | 7,745 | 1,048 | |
50/53 |
- | 120,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
162,943 | 61,398 | 174,892 | 174,240 | 125,368 | 133,524 | 29,418 | 63,670 | 46,902 | 18,866 | 41,884 | 62,134 | 104,779 | 84,346 | 15,013 | 66,887 | 48,107 | 0 | 27,630 | |
490/1 |
- | 47 | 114 | - | - | - | 586 | 553 | - | - | - | - | - | - | 486 | 486 | 593 | 486 | 486 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
286,691 | 262,799 | 290,913 | 292,892 | 246,093 | 279,350 | 169,042 | 169,719 | 153,836 | 123,733 | 131,549 | 113,133 | 195,959 | 130,472 | 72,162 | 108,030 | 94,328 | 70,595 | 29,164 | |
10/15 |
153,486 | 127,266 | 104,885 | 154,729 | 142,874 | 149,178 | 140,740 | 137,226 | 104,773 | 87,271 | 75,630 | 25,301 | 12,230 | 12,575 | 14,765 | 16,475 | 51,910 | 27,902 | 22,089 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | |
13 |
101,860 | 52,860 | 80,860 | 130,860 | 130,860 | 130,860 | 92,860 | 64,860 | 14,860 | 14,860 | 14,860 | 14,860 | 1,860 | 1,860 | 1,860 | 1,860 | 41,760 | 17,760 | 11,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
101,860 | 52,860 | 80,860 | 129,000 | 129,000 | 129,000 | 91,000 | 63,000 | 13,000 | 13,000 | 13,000 | 13,000 | - | - | - | - | 39,900 | 15,900 | 10,000 | |
14 |
41,626 | 64,406 | 14,025 | 13,869 | 2,014 | 8,318 | 37,880 | 62,366 | 79,913 | 62,411 | 50,770 | 441 | 370 | 715 | 2,905 | 4,615 | 150 | 142 | 229 | |
17/49 |
133,205 | 135,533 | 186,027 | 138,163 | 103,219 | 130,172 | 28,301 | 32,494 | 49,062 | 36,461 | 55,919 | 87,832 | 183,729 | 117,897 | 57,398 | 91,555 | 42,419 | 42,693 | 7,075 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,950 | 11,546 | 19,769 | 27,636 | - | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,950 | 11,546 | 19,769 | 27,636 | - | |
42/48 |
133,205 | 135,533 | 186,027 | 138,163 | 103,219 | 130,172 | 28,301 | 32,494 | 49,062 | 36,461 | 55,919 | 87,832 | 183,729 | 117,897 | 54,447 | 80,009 | 22,650 | 15,057 | 7,075 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 2,950 | 8,595 | 8,223 | 7,868 | 7,527 | - | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,450 | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,450 | - | |
44 |
3,297 | 399 | 647 | - | 15,086 | 8,694 | 2,306 | 1,392 | 2,072 | 3,872 | 737 | 44,494 | 90,081 | 39,770 | 969 | 2,053 | 1,392 | 1,898 | 57 | |
440/4 |
3,297 | 399 | 647 | - | 15,086 | 8,694 | 2,306 | 1,392 | 2,072 | 3,872 | 737 | 44,494 | 90,081 | 39,770 | 969 | 2,053 | 1,392 | 1,898 | 57 | |
45 |
33,930 | 13,757 | 35,704 | 26,485 | 30,956 | 51,332 | 29 | 560 | 17,690 | 7,468 | 26,989 | 334 | 8,398 | 8,358 | 275 | 26,982 | 13,152 | 2,941 | 6,811 | |
450/3 |
33,930 | 13,757 | 35,704 | 26,485 | 30,956 | 51,332 | 29 | 560 | 17,690 | 7,468 | 26,989 | 334 | 8,398 | 8,358 | 275 | 26,982 | 13,152 | 2,941 | 6,811 | |
47/48 |
95,977 | 121,377 | 149,677 | 111,677 | 57,177 | 70,145 | 25,966 | 30,541 | 29,300 | 25,122 | 28,194 | 43,004 | 85,251 | 66,819 | 44,608 | 42,751 | 239 | 239 | 207 | |
| Income statement | ||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | 90,413 | 94,580 | 81,740 | 78,604 | 75,692 | 78,719 | - | - | |
76A |
- | - | - | - | - | - | - | - | - | 224 | - | - | - | - | - | - | - | - | - | |
9900 |
157,338 | 133,213 | 130,327 | 165,648 | 98,679 | 144,867 | 44,760 | 85,855 | 60,869 | 54,453 | 82,426 | 27,037 | 42,955 | 45,521 | 228 | 34,982 | 51,162 | 22,764 | 21,199 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | 63,376 | 51,625 | 60,104 | 91,626 | 40,710 | 27,557 | - | - | |
630 |
- | - | - | - | - | - | - | - | - | 1,882 | 3,724 | 3,724 | 3,724 | 3,724 | - | 12,567 | 12,567 | 12,567 | 1,150 | |
640/8 |
- | - | - | 1,542 | 54 | 0 | - | - | - | - | - | - | - | - | - | - | 373 | 348 | 1,074 | |
9901 |
157,338 | 133,213 | 130,327 | 164,106 | 98,625 | 144,867 | 44,760 | 85,855 | 60,869 | 52,571 | 78,702 | 23,313 | 39,231 | 41,796 | 228 | 22,415 | 38,223 | 9,850 | 18,975 | |
75/76B |
504 | 1,817 | - | - | - | - | 3 | - | - | - | - | 0 | - | 4 | 164 | 69 | 272 | 271 | 9 | |
75 |
504 | 1,817 | - | - | - | - | 3 | - | - | - | - | 0 | - | 4 | 164 | 69 | 272 | 271 | 9 | |
65/66B |
383 | 348 | 370 | 348 | 346 | 346 | 353 | 729 | 337 | 1,295 | 1,799 | 1,433 | 1,523 | 2,031 | 2,102 | 1,319 | 1,575 | 1,337 | 84 | |
65 |
383 | 348 | 370 | 348 | 346 | 346 | 353 | 729 | 337 | 1,295 | 1,799 | 1,433 | 1,523 | 2,031 | 2,102 | 1,319 | 1,575 | 1,337 | 84 | |
9903 |
157,458 | 134,683 | 129,957 | 163,758 | 98,279 | 144,522 | 44,409 | 85,126 | 60,532 | 51,276 | 76,903 | 21,880 | 37,708 | 39,769 | -1,711 | 21,165 | 36,920 | 8,783 | 18,901 | |
67/77 |
50,237 | 34,302 | 33,801 | 41,903 | 24,582 | 42,084 | 15,895 | 30,173 | 20,530 | 17,135 | 26,573 | 8,809 | 13,054 | 12,959 | - | 6,600 | 12,913 | 2,970 | 6,812 | |
9904 |
107,220 | 100,381 | 96,156 | 121,855 | 73,696 | 102,438 | 28,514 | 54,952 | 40,002 | 34,141 | 50,329 | 13,071 | 24,655 | 26,810 | -1,711 | 14,566 | 24,007 | 5,813 | 12,089 | |
9905 |
107,220 | 100,381 | 96,156 | 121,855 | 73,696 | 102,438 | 28,514 | 54,952 | 40,002 | 34,141 | 50,329 | 13,071 | 24,655 | 26,810 | -1,711 | 14,566 | 24,007 | 5,813 | 12,089 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
171,626 | 114,406 | 110,025 | 123,869 | 82,014 | 140,318 | 90,880 | 134,866 | 102,413 | 84,911 | 50,770 | 13,441 | 25,370 | 29,715 | 2,905 | 14,715 | 24,150 | 6,042 | 12,089 | |
14P |
64,406 | 14,025 | 13,869 | 2,014 | 8,318 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
51,000 | 28,000 | 50,000 | - | - | 13,000 | - | - | - | - | - | - | - | - | - | 39,900 | - | - | - | |
691/2 |
100,000 | - | - | - | - | 51,000 | 28,000 | 50,000 | - | - | - | 13,000 | - | - | - | - | 24,000 | 5,900 | 11,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
100,000 | - | - | - | - | 51,000 | 28,000 | 50,000 | - | - | - | 13,000 | - | - | - | - | 24,000 | 5,900 | 10,000 | |
694/7 |
81,000 | 78,000 | 146,000 | 110,000 | 80,000 | 94,000 | 25,000 | 22,500 | 22,500 | 22,500 | - | - | 25,000 | 29,000 | - | 50,000 | - | - | - | |
694 |
81,000 | 78,000 | 146,000 | 110,000 | 80,000 | 94,000 | 25,000 | 22,500 | 22,500 | 22,500 | - | - | 25,000 | 29,000 | - | 50,000 | - | - | - | |
| Document | ||||||||||||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 01-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 01-07-2026 | 2026-00237324 | |
| 31-12-2024 | micro format | 01-07-2025 | 2025-00207595 | |
| 31-12-2023 | micro format | 03-07-2024 | 2024-00205081 | |
| 31-12-2022 | micro format | 05-07-2023 | 2023-00208227 | |
| 31-12-2021 | micro format | 10-08-2022 | 2022-20286104 | |
| 31-12-2020 | micro format | 29-06-2021 | 2021-28300169 | |
| 31-12-2019 | micro format | 19-06-2020 | 2020-19200226 | |
| 31-12-2018 | micro format | 01-08-2019 | 2019-43000354 | |
| 31-12-2017 | micro format | 16-07-2018 | 2018-33700253 | |
| 31-12-2016 | micro format | 16-08-2017 | 2017-44600334 | |
| 31-12-2015 | full format | 30-08-2016 | 2016-56100002 | |
| 31-12-2014 | full format | 10-08-2015 | 2015-41400164 | |
| 31-12-2013 | full format | 23-07-2014 | 2014-34000555 | |
| 31-12-2012 | full format | 24-07-2013 | 2013-34900061 | |
| 31-12-2011 | full format | 13-08-2012 | 2012-40500259 | |
| 31-12-2010 | full format | 29-07-2011 | 2011-36500448 | |
| 31-12-2009 | full format | 30-08-2010 | 2010-49900551 | |
| 31-12-2008 | full format | 25-08-2009 | 2009-64000096 | |
| 31-12-2007 | full format | 31-07-2008 | 2008-52400278 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - | 54,453 | 82,426 | 27,037 | 42,955 | 45,521 | - | 34,982 | 50,790 | 22,417 | 20,125 | ||
| - | - | - | - | - | - | - | - | - | 36,023 | 54,054 | 16,795 | 28,379 | 30,535 | - | 27,133 | 36,574 | 18,380 | 13,239 | ||
| - | - | - | - | - | - | - | - | - | -1,842 | 0 | 0 | 0 | 18,622 | - | 0 | 0 | 37,701 | - | ||
| 101,545 | -113,494 | 652 | 48,872 | -8,156 | 104,106 | -34,252 | 16,768 | 28,036 | -23,018 | -20,250 | -42,645 | 20,433 | 69,333 | -51,874 | 18,780 | 48,107 | -27,630 | - | ||
| 153,486 | 127,266 | 104,885 | 154,729 | 142,874 | 149,178 | 140,740 | 137,226 | 104,773 | 87,271 | 71,906 | 17,852 | 1,057 | -2,323 | 17,715 | 28,021 | 59,111 | 30,405 | 22,089 | ||
| - | - | - | - | - | - | - | - | - | - | - | 25.8% | 41.5% | 51.1% | 0.3% | 29.6% | 48.6% | - | - | ||
| 53.5% | 48.4% | 36.1% | 52.8% | 58.1% | 53.4% | 83.3% | 80.9% | 68.1% | 70.5% | 57.5% | 22.4% | 6.2% | 9.6% | 20.5% | 15.3% | 55.0% | 39.5% | 75.7% | ||
| 2.15 | 1.94 | 1.56 | 2.12 | 2.38 | 2.15 | 5.97 | 5.22 | 3.14 | 3.39 | 2.29 | 1.20 | 1.01 | 0.98 | 1.33 | 1.35 | 3.61 | 3.02 | 4.12 | ||
| 1.94 | 1.70 | 1.42 | 1.93 | 2.02 | 1.81 | 4.43 | 3.88 | 1.93 | 1.68 | 1.40 | 1.12 | 0.73 | 0.95 | 1.04 | 1.08 | 3.01 | 0.92 | 4.12 | ||
| 0.87 | 1.06 | 1.77 | 0.89 | 0.72 | 0.87 | 0.20 | 0.24 | 0.47 | 0.42 | 0.74 | 3.47 | 15.02 | 9.38 | 3.89 | 5.56 | 0.82 | 1.53 | 0.32 | ||
| 69.9% | 78.9% | 91.7% | 78.8% | 51.6% | 68.7% | 20.3% | 40.0% | 38.2% | 39.1% | 66.5% | 51.7% | 201.6% | 213.2% | -11.6% | 88.4% | 46.2% | 20.8% | 54.7% | ||
| 37.4% | 38.2% | 33.1% | 41.6% | 29.9% | 36.7% | 16.9% | 32.4% | 26.0% | 27.6% | 38.3% | 11.6% | 12.6% | 20.5% | -2.4% | 13.5% | 25.5% | 8.2% | 41.5% | ||
| - | - | - | - | - | - | - | - | - | - | - | 101 days | 96 days | 97 days | 131 days | 85 days | 90 days | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | 256 days | 637 days | 242 days | 4 days | 18 days | 18 days | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on Pharm'up development
The operating result for 2025 is 18% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 51.6% to 46.5%. Equity is higher and debt is lower.