Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
How you are paid depends on the track of the reorganisation: an amicable settlement, a collective agreement with a plan the creditors vote on, or a transfer. The judgment and RegSol say which.
What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
The file is in RegSol, where you can read the documents of the procedure.
The judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
FollowFollow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.
This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.
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Lifetime
17 annual accounts with figures on one time axis, 19 filings since 2004
Court officer appointed13-02Gross margin from €261,793 to €447,868Result from €26,184 to €18,111Staff from 2.6 FTE to 3.1 FTECompany renamed from PHARMACIE TERGOLINA to Pharmacie Pharmav…07-04Resignations: Michaël WILLEMS (director) and Didier PETRE (ma…12-03
Five of the last ten came late. The 2023 accounts came latest: 42 days after the end of the period.
Reorganisation running: about 1 in 4 bankrupt within the year
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
24
Critical
Without a bankruptcy probability, the score rests on the figures alone.
An ongoing judicial reorganisation from the Belgian Official Gazette caps the score at 24.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open. There is then no bankruptcy probability from the figures. Of every Belgian company in an open or failed reorganisation, 25% to 26% went bankrupt within twelve months (measured in 2024 and 2025).
Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. Without a bankruptcy probability, the company's Checked score rests on these figures.
Average
68-7equity 43.0% of total assets
31-4short-term debt 57.0% · cash 7.9%
73-4return on assets 3.5%
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
No credit on open account during an ongoing judicial reorganisation
Liquidity is tight, with a current ratio of 1.3 (1.19 in 2024), below the usual 1.5. Short-term debt is 57% and cash 7.9% of total assets. 57% of the assets are financed with debt and provisions.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Two signals.
raises risk
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX of the Code of Economic Law). The company is restructuring.
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 6 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0478753891
Company renamed from PHARMACIE TERGOLINA to Pharmacie Pharmavie Gilly
General meeting of 31-03-2025 · Gazette deed
Resignations: Michaël WILLEMS (director) and Didier PETRE (managing director)Marie-Christine TERGOLINA is a shareholder · Daniel ROELANDT is a shareholder · PHARMASIMPLE is a shareholder · General meeting of 31-01-2025 · Gazette deed
Appointment: SRL BLONDEAU-VANDER CASSYEN (director)
Permanent representative: Virginie VANDER CASSYEN · Director discharge: Francis BRINGARD (praticien de la réorganisation judiciaire) · General meeting of 18-02-2025 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as Pharmacie Pharmavie Gilly: retail sale of pharmaceutical products (NACE 47730). They are comparable in size and age: total assets between €486,000 and €736,000, founded between 2001 and 2006.
Official details
Source: KBO
Status
Active since 12-11-2002Judicial reorganisation · normal situation in the KBO register
Pharmacie Pharmavie Gilly files the abbreviated format. That format states no turnover. The gross margin rose from €97,990 in 2007 to €447,868 in 2025.
What is the company number of Pharmacie Pharmavie Gilly?
The company number of Pharmacie Pharmavie Gilly is 0478.753.891. The VAT number is the same number with BE in front: BE 0478.753.891.
Where is Pharmacie Pharmavie Gilly based?
The registered office is at Rue Noir Dieu 9, 6060 Charleroi.Company details
What does Pharmacie Pharmavie Gilly do?
According to the KBO register, the main activity is retail sale of pharmaceutical products (NACE 47730).
What is the legal form of Pharmacie Pharmavie Gilly?
Pharmacie Pharmavie Gilly is a private limited company (BV).
When was Pharmacie Pharmavie Gilly founded?
Pharmacie Pharmavie Gilly was founded on 12-11-2002.
Is Pharmacie Pharmavie Gilly still active?
Yes, Pharmacie Pharmavie Gilly is in the KBO register. A judicial reorganisation is running.
How many employees does Pharmacie Pharmavie Gilly have?
Pharmacie Pharmavie Gilly had an average of 3.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Pharmacie Pharmavie Gilly fall under?
In its 2025 annual accounts, Pharmacie Pharmavie Gilly states joint committee 313 (Pharmacies and pricing offices).
What is the turnover of Pharmacie Pharmavie Gilly?
The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €447,868 and 47 comparable companies (NACE 477). It probably lies between €1.2m and €2.5m. In financial year 2019 turnover was €920,717.
Is Pharmacie Pharmavie Gilly profitable?
In financial year 2025, Pharmacie Pharmavie Gilly made a profit of €18,111.
Where can I find the annual accounts of Pharmacie Pharmavie Gilly?
Pharmacie Pharmavie Gilly filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.