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PHARMA SERVICES

Absorbed by GESTIFAR KBO/BCE: BE 0471.348.140 subsidiary of ETABLISSEMENT VANDERELST SRL

Overview

Lifetime

15 annual accounts with figures on one time axis, 21 filings since 2001
peak €78,797 (2012)
€29,446▼ 22.8%
lowest -€20,174 (2011)
-€332▲ €3
peak €168,614 (2016)
€97,910▼ 0.3%
€9,263▼ 0.8%
peak 1.3 FTE (2021)
1.3 FTE▲ 18.2%
Board2 names since 2015
1 directorGestifar
Owners2 names in the annual accounts
66%ETS. VANDERELST and 1 other
Documentsfilings and deeds
28-06-202233 days before the deadline
2021financial year
Gross margin from €38,125 to €29,446Loss of €332Staff from 1.1 FTE to 1.3 FTEMerger proposal: to be absorbed by Gestifar 01-07Cash from €44,979 to €15,674

Key points

from the 2021 annual accounts, the last ones filed

Equity

€97,910 from €168,614 in 2016

Equity fell by 42% in 5 years.

Losses

-€667 in two years
-3352020-3322021

The 2020 and 2021 financial years closed with a loss. 2020 was the heaviest.

Filings

21 annual accounts since 2001
AprilJune31 JulyOctober2005201020152020

Five of the last ten came late. The 2019 accounts came latest: 35 days after the end of the period.

No score

Board and ownership

G
Director, since 30-09-2015
Board & ownership

Recent changes

Merger: absorbed by GESTIFAR Dissolution of the company · Dissolved without liquidation · General meeting of 17-06-2022 · Gazette deed
Merger proposal: to be absorbed by Gestifar Capital from €61,973.38 to €218,038.77, 630 new shares · Permanent representative: Jean-Christophe Vanderelst · Legal-form conversion: from public limited company to private limited company · Gazette deed
Incorporation 21 publications in the Belgian Official Gazette, the last on 14-07-2022 · Gazette deed
All 32 events

Official details

Source: KBO
Status
Absorbed by GESTIFARmerger by absorption, July 2022
Activity
“La société a pour objet le conseil pharmaceutique et le contrôle de la qualité,l'achat,la…” (deed in French)From the articles, 6 activitiesNo NACE code in the KBO yet
Joint committee
313Pharmacies and pricing offices · annual accounts 2021
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2021

€29,446▼ 22.8%
≈ €110,000estimated
€332▼ 0.8%
€97,910▼ 0.3%
€107,173▼ 0.4%
1.3 FTE▲ 18.2%
Filing
Filed on 28-06-2022
Financials

Insights on PHARMA SERVICES

Absorbed by GESTIFAR in July 2022. The last annual accounts are for financial year 2021. The company was dissolved without liquidation.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2021

full format, filed on 28-06-2022, 33 days before the deadline
€29,446
▼ 22.8%
-€42
▲ €54
-
-
91.4%
unchanged
11.57
▲ 0.05

The turnover shown is an estimate from the gross margin.

Turnover ≈ €110,000. Estimated: probably between €56,000 and €200,000.

Money flows

no detail for 2021

Balance sheet

balance sheet total €107,173 on 31-12-2021
What the company ownsHow it is paid for

in euro

in euro

Staff

€22,415

Staff costs divided by the average number of full-time equivalents.

-2 people

people who joined people who left

In 2021, 2 people joined and 4 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 107,173107,584108,425110,067187,711177,323168,924125,252121,439114,92389,183104,73097,76388,112101,632
21/28 ------------2,9145,8278,741
22/27 ------------2,9145,8278,741
29/58 107,173107,584108,425110,067187,711177,323168,924125,252121,439114,92389,183104,73094,85082,28592,891
40/41 91,49962,60543,44322,48632,717109,598155,612107,47291,92663,71121,44326,31120,38617,8948,647
40 74,17532,60543,02519,81532,26080,595126,25568,62041,18033,51412,60025,50020,14217,5408,000
41 17,32430,0004182,67145729,00329,35738,85250,74630,1978,843811244354647
54/58 15,67444,97964,98387,581154,99467,72513,06617,78029,51351,21265,88176,40174,46364,39184,244
490/1 ------246---1,8582,019---
Balance sheet: equity and liabilities
10/49 107,173107,584108,425110,067187,711177,323168,924125,252121,439114,92389,183104,73097,76388,112101,632
10/15 97,91098,24298,57798,02487,774168,614146,962110,265107,11995,65874,56894,74287,07971,26883,538
10/11 18,55018,55018,55018,55018,550110,000110,000218,039218,039218,039218,039218,039218,039218,039218,039
100 --18,55018,55018,550110,000110,000218,039218,039218,039218,039218,039218,039218,039218,039
13 1,8551,8551,8551,8551,8553,0001,900--------
130/1 1,8551,855-------------
130 --1,8551,8551,8553,0001,900--------
1311 1,8551,855-------------
14 77,50577,83778,17277,61967,36955,61435,062-107,774-110,920-122,381-143,471-123,297-130,960-146,771-134,501
17/49 9,2639,3429,84812,04399,9378,70921,96214,98814,32019,26514,6159,98810,68416,84418,094
17 -------------3,9977,208
170/4 -------------3,9977,208
42/48 9,2639,3429,84812,04399,9378,70921,96214,98814,32019,26514,6159,9889,23512,84710,886
42 ------------3,9973,2113,054
44 3,6981026671,30839010615,45010,90510,47611,14512,1565,902--3,304
440/4 3,6981026671,30839010615,45010,90510,47611,14512,1565,902--3,304
45 5,5659,2409,18210,7358,0978,6036,2474,0833,8448,1202,4593,6364,7569,6364,527
450/3 3041,2779211,610-1,4262,959--2,4821,2781,7901,5691,0051,594
454/9 5,2627,9638,2619,1258,0977,1773,2884,0833,8445,6381,1811,8463,1878,6312,933
47/48 ----91,450-265----450481--
492/3 ------------1,449--
Income statement
70 ----------69,42169,42168,595--
76A --------272------
9900 29,44638,12542,18552,93648,84857,37657,68839,67844,86578,7979,14736,16437,67969,27648,287
60/61 ----------64,63236,71534,431--
62 29,14037,87340,20841,49637,84235,32920,21236,26133,46957,77923,77621,87719,29479,69032,228
630 -----------2,3312,9142,9142,914
640/8 3483484233483483483483483661,4555,9713,827874773621
66A ------75--115345733110-130
9901 -42-961,55511,09310,65921,69937,1283,07011,03019,563-20,6008,12914,598-14,10112,525
75/76B --0-1212421343711,9088174961,6752,360947
75 --0-1212421343711,9088174961,6752,360947
65/66B 12183817060591335720710645229352529640
65 12183817060591335720710645229352529640
9903 -163-1781,47411,02310,61021,65236,9623,14611,46621,250-20,1747,66315,811-12,27012,702
67/77 1691569217731---5160-----
9904 -332-33555310,25010,61021,65236,9623,14611,46121,090-20,1747,66315,811-12,27012,702
9905 -332-33555310,25010,61021,65236,9623,14611,46121,090-20,1747,66315,811-12,27012,702
Appropriation of the result
9906 77,50577,83778,17277,61966,22456,714-70,812-107,774-110,920-122,381-143,471-123,297-130,960-146,771-134,501
14P 77,837--------------
791/2 ----1,145-107,774--------
691/2 -----1,1001,900--------
6920 -----1,1001,900--------
Social balance sheet
9087 1.31.11.11.21.211.1110.40.40.40.41.20.5
Hours worked1013 6801,1191,2071,2611,1761,085618-1,0961,1237086406462,213890
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 6 older financial years (2001-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 1 item. You find them in the filed accounts (PDF).

Source: Annual accounts 2021 (PDF), filed on 28-06-2022.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2021 full format 28-06-2022 2022-20105849 PDF
31-12-2020 full format 19-08-2021 2021-52700069 PDF
31-12-2019 full format 04-09-2020 2020-52000563 PDF
31-12-2018 micro format 23-07-2019 2019-39000067 PDF
31-12-2017 micro format 23-08-2018 2018-50800210 PDF
31-12-2016 micro format 18-08-2017 2017-44700493 PDF
31-12-2015 full format 23-08-2016 2016-46400361 PDF
31-12-2014 full format 17-06-2015 2015-18300090 PDF
31-12-2013 full format 18-06-2014 2014-18900012 PDF
31-12-2012 full format 27-06-2013 2013-23000510 PDF
30-06-2011 full format 12-01-2012 2012-00800366 PDF
30-06-2010 full format 01-02-2011 2011-02300113 PDF
30-06-2009 full format 02-03-2010 2010-06000178 PDF
30-06-2008 full format 18-02-2009 2009-05100246 PDF
30-06-2007 full format 08-01-2008 2008-00800249 PDF
30-06-2006 full format 26-02-2007 2007-05800743 PDF
30-06-2005 full format 30-01-2006 2006-03400909 PDF
30-06-2004 full format 28-01-2005 2005-03402233 PDF
30-06-2003 full format 24-12-2003 2003-85304486 PDF
30-06-2002 full format 16-04-2003 2003-10800166 PDF
30-06-2001 full format 19-03-2002 2002-06805190 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202120202019201820172016201520142013201220112010200920082007
-----------10,45917,511-11,18715,438
-----------9,99418,724-9,35615,615
-----------2,33100-
-29,305-20,003-22,598-67,41387,26954,659-4,714-11,733-21,699-14,669-10,5201,93810,072-19,853-
97,91098,24298,57798,02487,774168,614146,962110,265107,11995,65874,56894,74285,61569,43882,005
-----------29.7%11.7%21.3%--
91.4%91.3%90.9%89.1%46.8%95.1%87.0%88.0%88.2%83.2%83.6%90.5%89.1%80.9%82.2%
11.5711.5211.019.141.8820.367.698.368.485.976.1010.4910.276.418.53
0.090.100.100.121.140.050.150.140.130.200.200.110.120.240.22
-0.3%-0.3%0.6%10.5%12.1%12.8%25.2%2.9%10.7%22.0%-27.1%8.1%18.2%-17.2%15.2%
-0.3%-0.3%0.5%9.3%5.7%12.2%21.9%2.5%9.4%18.4%-22.6%7.3%16.2%-13.9%12.5%
----------66 days134 days107 days--
----------69 days59 days---

EBIT margin: not included in this filing.

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.

Social balance sheet

Item31-12-2021
1.3
Joined2
Left4

Source: social balance sheet in the 2021 annual accounts

Insights on PHARMA SERVICES

The operating result for 2021 is a loss of €42, smaller than the loss of €96 in 2020.

Debt's share of the balance-sheet total stays at 8.6%.

Board & ownership

Last board

1 director, last change in 2021
Sole director
since 30-09-2015
listed in the 2021 annual accounts, filed on 28-06-2022

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Gestifar
Sole director
Jean-Christophe Vanderelst
Sole director
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • Gestifar
    • Sole director, from 30-09-2015 to date
  • Jean-Christophe Vanderelst
    • Sole director, from before 01-07-2021, no longer listed in the 2021 annual accounts

See the board, name and registered office on a given date →

Control

Consolidating parent
Equity €444,329
Profit €458 in 2025 (profit €8,174 in 2024)
Checked score 70
consolidates
This company
PHARMA SERVICES
Equity €97,910
Loss €332 in 2021

Capital

Contribution
€18,550
Shares
1,251
Contribution per share
€14.83
Equity per share
€78.27 in 2021
Source
2021 annual accounts

Owners through the years

as the annual accounts name them
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 01-07-2021 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited

Capital transactions

Shareholders according to the deeds
At incorporation deed of 01-07-2021 ↗
  • Gestifar (BE 0441.670.890) sole founder · 100% at incorporation
Capital over time
  1. 01-07-2021 Incorporation · €31,011.48 · 1,251 shares
  2. 01-07-2021 Incorporation · €61,973.38 · 250 shares
  3. 01-07-2021 Capital increase of €156,065.39 · to €218,038.77 · 630 new shares · in kind
  4. 01-07-2021 Capital reduction of €108,038.77 · to absorb losses
  5. 01-07-2021 Capital reduction of €91,450 · repaid to the shareholders

Network & group

Parent

ETABLISSEMENT VANDERELST SRL
0433.063.032 · equity €444,329 · profit €458 (2025)
Checked score 70

Acquisitions and mergers

1 transaction
Taken over by:GESTIFAR

Connections & network

1 last director
Depth

The network starts from the directors of PHARMA SERVICES. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

32 events since 2000
2022
Merger: absorbed by GESTIFARDissolution of the company · Dissolved without liquidation · General meeting of 17-06-20222 points ▸
  • General meeting, 17-06-2022
  • Accounting effect, 01-01-2022
  • The deed holds 8 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFfull format · 33 days before the deadline
2021
Annual accounts 2020 filed PDFfull format · 19 days late
Merger proposal: to be absorbed by GestifarCapital from €61,973.38 to €218,038.77, 630 new shares · Permanent representative: Jean-Christophe Vanderelst · Legal-form conversion: from public limited company to private limited company11 points ▸
  • Accounting effect, 01-01-2021
  • Legal-form conversion, from public limited company to private limited company, mentioned twice in the deed
  • Capital, €62,000, 1,251 shares
  • Founding capital, €31,011.48, 1,251 shares
  • Capital increase, €30,988.52
  • Capital, €18,550, 880 shares
  • Founding capital, €61,973.38, 250 shares
  • Capital increase, €156,065.39
  • Capital decrease, €108,038.77
  • Capital decrease, €91,450
  • Permanent representative, Jean-Christophe Vanderelst
  • The deed holds 11 more points.

Open the deed in the Belgian Official Gazette

2020
Annual accounts 2019 filed PDFfull format · 35 days late
2019
Annual accounts 2018 filed PDFmicro format · 8 days before the deadline
2018
Liquidity more than quadruples current ratio 9.14 The current ratio rises from 1.88 to 9.14. Short-term debt falls from €99,937 to €12,043.
Annual accounts 2017 filed PDFmicro format · 23 days late
2017
Annual accounts 2016 filed PDFmicro format · 18 days late
2016
Liquidity more than doubled current ratio 20.36 The current ratio rises from 7.69 to 20.36. Short-term debt falls from €21,962 to €8,709.
Equity above €150,000 equity €168,614 ▲14.7% After 5 profitable years in a row, equity reaches €168,614.
Annual accounts 2015 filed PDFfull format · 23 days late
2015
Highest result from 2007 to 2021 net €36,962 ▲1,075% The operating result of €37,128 and the net result of €36,962 are both a record.
Annual accounts 2014 filed PDFfull format · 44 days before the deadline
2014
Annual accounts 2013 filed PDFfull format · 43 days before the deadline
2013
Equity above €100,000 equity €107,119 ▲12% After 2 profitable years in a row, equity reaches €107,119.
Annual accounts 2012 filed PDFfull format · 34 days before the deadline
2012
Back to profit net €21,090 The net result is €21,090, after one loss-making year.
Annual accounts 2011 filed PDFfull format · 19 days before the deadline
2011
Weakest financial year net -€20,174 The net result drops to -€20,174, the lowest from 2007 to 2021.
Annual accounts 2010 filed PDFfull format · 1 day late
2010
Annual accounts 2009 filed PDFfull format · 30 days late
2009
Back to profit net €15,811 The net result is €15,811, after one loss-making year.
Annual accounts 2008 filed PDFfull format · 18 days late
2008
Annual accounts 2007 filed PDFfull format · 23 days before the deadline
2007
Annual accounts 2006 filed PDFfull format · 26 days late
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2003
Annual accounts 2003 filed PDFfull format
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2000
Incorporation 21 publications in the Belgian Official Gazette, the last on 14-07-2022

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

A capital increase in 2021 brought the capital to €218,039.1 PHARMA SERVICES has filed 21 sets of annual accounts, the latest for financial year 2021.2 In 2022 the company was absorbed by merger into GESTIFAR.3

  1. 1Belgian Official Gazette, 01-07-2021
  2. 2National Bank, annual accounts 2021
  3. 3Belgian Official Gazette, 14-07-2022

Company details

Purpose according to the articles of association

PurposeThe purpose describes the activities the company may carry out under its articles.
“La société a pour objet le conseil pharmaceutique et le contrôle de la qualité,l'achat,la vente,le commerce,la fabrication et l'emballage en…”
6 activities
  1. La société a pour objet le conseil pharmaceutique et le contrôle de la qualité,l'achat,la vente,le commerce,la fabrication et l'emballage en Belgique et à l'étranger,non seulement de produits pharmaceutiques et de droguerie mais également de produits qui sont analogues ou directement ou indirectement annexes
  2. La société a également pour objet l'assistance en matière financière,administrative,fiscale,comptable,sociale et juridique ainsi que l'organisation et l'exploitation des entreprises aux points de vue financier,administratif,technique ou autre
  3. La société peut réaliser son objet pour son propre compte ou pour compte de tiers,selon la manière qui lui paraîtra la plus appropriée
  4. Elle peut effectuer toutes opérations commerciales,industrielles,financières,mobilières ou immobilières ayant trait,directement ou indirectement à son objet
  5. La société peut s'intéresser par n'importe quelle voie dans des affaires,entreprises ou sociétés qui ont un objet analogue,similaire ou connexe,qui peuvent faciliter la réalisation de son objet,qui peuvent fournir des matières premières ou qui peuvent faciliter l'écoulement de ses produits
  6. La société peut également exercer la fonction d'administrateur dans de telles sociétés
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“B-7332, Rue Emile Vandervelde 3”

Articles of association, deed of 01-07-2021 (in French)

Inactive

Absorbed by GESTIFAR in July 2022

PHARMA SERVICES is no longer in the KBO register. GESTIFAR took it over in a merger by absorption, published in the Belgian Official Gazette on 14 July 2022.

Status
Inactive
Reason
Merger by absorptionBelgian Official Gazette, 14 July 2022 · deed
Absorbed by
GESTIFAR
Last annual accounts
financial year to 31 December 2021
Last registered office
Rue Emile Vandervelde 3, 7332 Siraultas published on 14 July 2022
Legal form
Private limited company (pre-2019)
First annual accounts
financial year 2001
Official KBO record