Pharmacie des Bastions
ActiveSummary
Pharmacie des Bastions has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €185k and a net result of €136k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 22% of 4157 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+2
Solvency37▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.44 in 2024; short-term debt: 46.9% and cash: 10.7% of total assets), and 88.1% of the assets are financed with debt.
Credit advice for your own amount and term
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
Sector 47
higher
← 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
11.9%
Return on assets
8.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 4157 sector peers (2025).
NBB · sector comparisonPosition among 4157 sector peers
Solvency
better than 22%
← weakest
strongest →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
22 d late
2023
1 d late
2022
on the day
2021
22 d late
2020
31 d late
2019
28 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€136k▲ 17.7%
2024 · €116k
2018: €-17k
2019: €12k
2020: €336k
2021: €91k
2022: €136k
2023: €77k
2024: €116k
2018 → 2025
Working capital
€276k▼ 10.8%
2024 · €310k
2018: €106k
2019: €234k
2020: €352k
2021: €249k
2022: €280k
2023: €300k
2024: €310k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€136k-€142k▲ 4.1%€149k▲ 5.0%€149k▲ 0.5%€185k▲ 24.2%
Operating result€111k-€153k▲ 37.7%€101k▼ 34.2%€151k▲ 50.1%€205k▲ 35.9%
Net result€91k-€136k▲ 49.1%€77k▼ 43.2%€116k▲ 50.1%€136k▲ 17.7%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 36% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.56M
Fixed assets
€554k ▼ 10.3%
Current assets
€1.01M ▼ 0.6%
Equity and liabilities €1.56M
Equity
€185k ▲ 24.2%
Debt
€1.38M ▼ 7.1%
Debt's share of the balance-sheet total falls from 90.9% to 88.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€265k▲
2024 · €213k
Cash flow
€196k▲
2024 · €178k
Current ratio
1.38▼
2024 · 1.44
Quick ratio
1.15▼
2024 · 1.23
Debt to equity
7.43▼
2024 · 9.94
ROE
73.4%▼
2024 · 77.5%
ROA
8.7%▲
2024 · 7.1%
Interest coverage
12.15▲
2024 · 6.13
Debt ≤ 1 year
€733k▲
2024 · €706k
Debt > 1 year
€645k▼
2024 · €775k
Income taxes
€49k▲
2024 · €3k
Staff costs
€332k▲
2024 · €260k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 66 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.63M€1.56M▼
Fixed assets21/28€618k€554k▼
Tangible fixed assets22/27€618k€554k▼
Land and buildings22€542k€499k▼
Plant, machinery and equipment23€53k€44k▼
Furniture and vehicles24€5k€2k▼
Leasing and similar rights25€17k€9k▼
Financial fixed assets28€235€235=
Current assets29/58€1.02M€1.01M▼
Amounts receivable after more than one year29€77k€52k▼
Other amounts receivable291€77k€52k▼
Stocks and contracts in progress3€151k€164k▲
Stocks30/36€151k€164k▲
Amounts receivable within one year40/41€777k€623k▼
Trade receivables40€275k€233k▼
Other amounts receivable41€503k€390k▼
Cash at bank and in hand54/58€7k€168k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.63M€1.56M▼
Equity10/15€149k€185k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€87k€123k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€29k€29k=
Distributable reserves133€52k€88k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€1.48M€1.38M▼
Amounts payable after more than one year17€775k€645k▼
Financial debts170/4€687k€645k▼
Other amounts payable178/9€88k-
Amounts payable within one year42/48€706k€733k▲
Current portion of amounts payable after more than one year42€44k€95k▲
Financial debts43€11k-
Credit institutions430/8€11k-
Trade debts44€378k€505k▲
Suppliers440/4€378k€505k▲
Taxes, remuneration and social security45€20k€33k▲
Taxes450/3€2k-
Remuneration and social security454/9€18k€33k▲
Other amounts payable47/48€253k€100k▼
Accrued charges and deferred income492/3€4k-
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€260k€332k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€60k▼
Other operating charges640/8€8k€6k▼
Gross operating margin9900€481k€603k▲
Operating profit (loss)9901€151k€205k▲
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€35k€22k▼
Recurring financial charges65€35k€22k▼
Profit (loss) for the period before taxes9903€118k€186k▲
Income taxes67/77€3k€49k▲
Profit (loss) for the period9904€116k€136k▲
Profit (loss) for the period to be appropriated9905€116k€136k▲
Appropriation of the result
Profit (loss) to be appropriated9906€116k€136k▲
Transfer to equity691/2€686€36k▲
To the legal reserve6920€0-
To other reserves6921€686€36k▲
Profit to be distributed694/7€115k€100k▼
Return on contributions (dividend)694-€100k
Directors or managers695€115k-
Social balance
Average headcount (FTE)90874.5-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €150kEq €185k ▲24.2%
7 profitable years in a row build equity to €185k.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 22 days late
2024
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 1 day late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 22 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €336k ▲2684%
Operating result €366k, net result €336k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Tournai · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chaussée de Bruxelles(TOU) 437500 TournaiGround area
7,085 m²
Parcel 57462B0019/00X010, Wallonia. Linked by address, not a title deed.
1 establishment unit
PHARMACIE DES BASTIONS
since 19942.067.431.373
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57462B0019/00X010 | Wallonia | 7,085 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Apotheek Suys
BE 0862.759.669
Laarne · Eq €185,363
PHARMACIE DE LAUZELLE
BE 0466.774.391
Ottignies-Louvain-la-Neuve · Eq €185,359
PHARDUP
BE 0433.142.810
Etterbeek · Eq €185,351
APOTEEK DE DECKER
BE 0437.713.785
Lebbeke · Eq €185,600
APOTHEEK TAMARA POLET
BE 0541.435.390
Wevelgem · Eq €185,640
Of 5,220 companies in sector 47730 we hold annual accounts for 3,861. 3,580 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-06-1994
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.