TAMIPHAR
ActiveSummary
The annual accounts of TAMIPHAR for fiscal year 2024 show a net loss of 66% of the equity at the start of that year. The 2024 annual accounts show equity of €36,653 and a net result of -€69,773. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 14% of 6545 sector peers (fiscal year 2024). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability29▼-3
Solvency26▼-3
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.28 against 0.29 in 2023; short-term debt: 96.7% and cash: 1.8% of total assets), and 98.5% of the assets are financed with debt.
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Signals
Nine 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
1.5%
Return on assets
-2.8%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€69,773
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 6545 sector peers (2024).
NBB · sector comparisonPosition among 6545 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
92 d late
2022
221 d late
2021
239 d late
2020
89 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 139 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#10 employer in Lasne, Wholesale and retail trade sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€69,773▼ 25.5%
2023 · -€55,609
Working capital
-€1.7m▼ 1.3%
2023 · -€1.7m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€131,205▲ 79.4%€44,923▼ 65.8%€42,456▼ 5.5%-€16,686-€10,538▲ 36.8%
Net result€79,368within the sector's middle half▲ 328%€26,430within the sector's middle half▼ 66.7%€18,588within the sector's middle half▼ 29.7%-€55,609below the sector's middle half-€69,773below the sector's middle half▼ 25.5%
Equity€117,018within the sector's middle half▲ 50.7%€143,448within the sector's middle half▲ 22.6%€162,036within the sector's middle half▲ 13.0%€106,426within the sector's middle half▼ 34.3%€36,653below the sector's middle half▼ 65.6%
Total assets€1.8mwithin the sector's middle half▲ 6.7%€2.0mwithin the sector's middle half▲ 11.1%€2.3mabove the sector's middle half▲ 16.7%€2.6mabove the sector's middle half▲ 9.2%€2.5mwithin the sector's middle half▼ 3.6%
Debt€1.7m▲ 4.6%€1.9m▲ 10.3%€2.2m▲ 17.0%€2.5m▲ 12.4%€2.4m▼ 0.9%
Working capital-€772,786below the sector's middle half▼ 10.1%-€1.0mbelow the sector's middle half▼ 31.2%-€1.3mbelow the sector's middle half▼ 28.2%-€1.7mbelow the sector's middle half▼ 30.1%-€1.7mbelow the sector's middle half▼ 1.3%
Solvency6.5%below the sector's middle half▲ 1.9pp7.1%below the sector's middle half▲ 0.7pp6.9%below the sector's middle half▼ 0.2pp4.2%below the sector's middle half▼ 2.8pp1.5%below the sector's middle half▼ 2.7pp
Current ratio0.51below the sector's middle half▲ 0.010.42below the sector's middle half▼ 0.090.38below the sector's middle half▼ 0.040.29below the sector's middle half▼ 0.090.28below the sector's middle half▼ 0.01
Return on assets (ROA)4.4%within the sector's middle half▲ 3.3pp1.3%within the sector's middle half▼ 3.1pp0.8%within the sector's middle half▼ 0.5pp-2.2%below the sector's middle half▼ 3.0pp-2.8%below the sector's middle half▼ 0.7pp
Staff (FTE)7.9within the sector's middle half▲ 12.9%8.2within the sector's middle half▲ 3.8%7.6within the sector's middle half▼ 7.3%8.7within the sector's middle half▲ 14.5%8.5within the sector's middle half▼ 2.3%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10,538 in 2024 against €16,686 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.5m
Fixed assets
€1.8m ▼ 3.0%
Current assets
€669,182 ▼ 5.2%
Equity and liabilities €2.5m
Equity
€36,653 ▼ 65.6%
Debt
€2.4m ▼ 0.9%
Debt's share of the balance-sheet total rises from 95.8% to 98.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€78,578▲
2023 · €71,919
Cash flow
€19,343▼
2023 · €32,996
Quick ratio
0.16▲
2023 · 0.15
Debt to equity
66.28▲
2023 · 23.03
ROE
-190.4%▼
2023 · -52.3%
Interest coverage
1.62▼
2023 · 1.88
Debt ≤ 1 year
€2.4m▼
2023 · €2.4m
Debt > 1 year
€41,576▼
2023 · €49,255
Income taxes
€10,618▲
2023 · €631
Staff costs
€642,749▲
2023 · €588,614
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 974 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a small loss
2.3%
went bankrupt
4.5%
stopped otherwise
93%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 974 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €498,137 | €522,523 | €588,614 | €642,749 | ▲ 9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €43,738 | €43,420 | €83,061 | €88,606 | €89,116 | ▲ 0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2,274 | €0 | - | - | - |
| Other operating charges640/8 | - | €8,702 | €7,188 | €9,195 | €9,873 | ▲ 7.4% |
| Non-recurring operating charges66A | - | €660 | €0 | €200 | €1,268 | ▲ 534% |
| Gross operating margin9900 | €614,697 | €598,116 | €655,227 | €669,928 | €732,467 | ▲ 9.3% |
| Operating profit (loss)9901 | €131,205 | €44,923 | €42,456 | -€16,686 | -€10,538 | ▲ 36.8% |
| Financial income75/76B | - | €387 | €0 | - | - | - |
| Recurring financial income75 | - | €387 | €0 | - | - | - |
| Financial charges65/66B | - | €18,161 | €23,228 | €38,293 | €48,617 | ▲ 27.0% |
| Recurring financial charges65 | €34,963 | €17,842 | €23,161 | €38,293 | €48,617 | ▲ 27.0% |
| Non-recurring financial charges66B | - | €319 | €67 | - | - | - |
| Profit (loss) for the period before taxes9903 | €96,242 | €27,149 | €19,227 | -€54,979 | -€59,155 | ▼ 7.6% |
| Income taxes67/77 | €16,874 | €718 | €640 | €631 | €10,618 | ▲ 1,584% |
| Profit (loss) for the period9904 | €79,368 | €26,430 | €18,588 | -€55,609 | -€69,773 | ▼ 25.5% |
| Profit (loss) for the period to be appropriated9905 | €79,368 | €26,430 | €18,588 | -€55,609 | -€69,773 | ▼ 25.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €2.0m | €2.3m | €2.6m | €2.5m | ▼ 3.6% |
| Fixed assets21/28 | €995,340 | €1.3m | €1.5m | €1.9m | €1.8m | ▼ 3.0% |
| Tangible fixed assets22/27 | €302,542 | €562,440 | €841,518 | €788,631 | €733,021 | ▼ 7.1% |
| Land and buildings22 | - | €196,469 | €189,388 | €182,306 | €175,224 | ▼ 3.9% |
| Plant, machinery and equipment23 | - | €334,203 | €612,417 | €555,089 | €488,184 | ▼ 12.1% |
| Furniture and vehicles24 | - | €31,768 | €39,713 | €51,237 | €69,614 | ▲ 35.9% |
| Financial fixed assets28 | €692,798 | €694,850 | €692,798 | €1.1m | €1.1m | = |
| Current assets29/58 | €810,812 | €749,470 | €808,331 | €705,982 | €669,182 | ▼ 5.2% |
| Stocks and contracts in progress3 | €351,216 | €286,391 | €317,489 | €338,395 | €294,609 | ▼ 12.9% |
| Stocks30/36 | - | €286,391 | €317,489 | €338,395 | €294,609 | ▼ 12.9% |
| Amounts receivable within one year40/41 | €237,289 | €269,578 | €329,972 | €292,397 | €270,350 | ▼ 7.5% |
| Trade receivables40 | - | €258,318 | €300,174 | €262,683 | €263,595 | ▲ 0.3% |
| Other amounts receivable41 | - | €11,260 | €29,797 | €29,714 | €6,755 | ▼ 77.3% |
| Cash at bank and in hand54/58 | €162,932 | €135,858 | €158,101 | €11,777 | €45,216 | ▲ 284% |
| Deferred charges and accrued income490/1 | - | €57,643 | €2,770 | €63,412 | €59,006 | ▼ 6.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €2.0m | €2.3m | €2.6m | €2.5m | ▼ 3.6% |
| Equity10/15 | €117,018 | €143,448 | €162,036 | €106,426 | €36,653 | ▼ 65.6% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Non-distributable reserves130/1 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Profit (loss) carried forward14 | €49,368 | €75,798 | €94,386 | €38,776 | -€30,997 | ▼ 180% |
| Amounts payable17/49 | €1.7m | €1.9m | €2.2m | €2.5m | €2.4m | ▼ 0.9% |
| Amounts payable after more than one year17 | €93,342 | €81,892 | €58,392 | €49,255 | €41,576 | ▼ 15.6% |
| Financial debts170/4 | - | €81,892 | €58,392 | €49,255 | €41,576 | ▼ 15.6% |
| Amounts payable within one year42/48 | €1.6m | €1.8m | €2.1m | €2.4m | €2.4m | ▼ 0.6% |
| Current portion of amounts payable after more than one year42 | - | €55,837 | €64,945 | €409,742 | €401,952 | ▼ 1.9% |
| Trade debts44 | €970,114 | €1.1m | €1.3m | €1.1m | €1.2m | ▲ 3.2% |
| Suppliers440/4 | - | €1.1m | €1.3m | €1.1m | €1.2m | ▲ 3.2% |
| Taxes, remuneration and social security45 | - | €101,062 | €96,186 | €164,305 | €146,050 | ▼ 11.1% |
| Taxes450/3 | - | €23,572 | €20,953 | €34,095 | €23,072 | ▼ 32.3% |
| Remuneration and social security454/9 | - | €77,490 | €75,232 | €130,210 | €122,977 | ▼ 5.6% |
| Other amounts payable47/48 | - | €525,341 | €675,811 | €705,464 | €681,031 | ▼ 3.5% |
| Accrued charges and deferred income492/3 | - | €17,793 | €13,735 | €4,334 | €4,112 | ▼ 5.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €79,368 | €26,430 | €18,588 | -€55,609 | -€69,773 | ▼ 25.5% |
| + Depreciation and write-downs630 | €43,738 | €43,420 | €83,061 | €88,606 | €89,116 | ▲ 0.6% |
| Operating cash flow (approximation) | €123,106 | €69,851 | €101,648 | €32,996 | €19,343 | ▼ 41.4% |
| Investment in fixed assets (approximation) | - | -€305,371 | -€360,086 | -€406,088 | -€34,006 | ▲ 91.6% |
| Change in cash | - | -€27,075 | €22,243 | -€146,323 | €33,439 | ▲ 123% |
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
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 71 days late
2024
31-12
Financial
Weakest financial yearnet -€69,773
Net result drops to -€69,773, the lowest in the series.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 92 days late
08-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 221 days late
2023
27-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 239 days late
2022
31-12
Financial
Equity above €150,000Eq €162,036 ▲13%
5 profitable years in a row build equity to €162,036.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 89 days late
2020
31-12
Financial
Highest result since 2018net €79,368 ▲328%
Operating result €131,205, net result €79,368, both a record.
31-12
Financial
Equity above €100,000Eq €117,018 ▲50.7%
3 profitable years in a row build equity to €117,018.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 92 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 92 days late
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 145 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Lasne · 3 establishment units since 1991
Ground area
5,415 m²
Building footprint
799 m²
Volume, LiDAR
3,135 m³
4 parcels, Wallonia · tallest building 12.0 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
3 establishment units
PHARMACIE DE PLACENOIT
since 19912.052.363.612
PHARMACIE DE PERWEZ
since 20062.154.817.782
PHARMACIE DE LA DYLE
since 20082.184.871.253
4 parcels
Wallonia
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25087C0102/00R000 | Wallonia | 2,122 m² | 1 · 109 m² | 6.7 m · 1 fl. |
| 25084C0534/00N002 | Wallonia | 1,449 m² | 1 · 341 m² | - |
| 25087C0409/00L000 | Wallonia | 1,223 m² | 1 · 184 m² | 8.6 m · 2 fl. |
| 25055C0121/00R002 | Wallonia | 621 m² | 1 · 164 m² | 12.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 2 holdingsOwners 1
-
50%
Holdings 2
-
100%
- Sourceown accounts 2024Equity €760,941Result -€69,24876%
According to the 2024 annual accounts of TAMIPHAR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Food safety, FASFC
3 sitesLasne2.052.363.612
Perwez2.154.817.782
Wavre2.184.871.253
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Of 5,219 companies in this sector we hold annual accounts for 3,862. 2,317 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded28-03-1991
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0443793509
Also
9925:BE0443793509
Registered
20-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.