PHARMACIE MATHIEU
ActivePHARMACIE MATHIEU has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.05M and a net result of €110k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 71% of 4602 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▲+1
Solvency97▲+4
Growth65▲+1
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days only on tighter terms
Liquidity ample (current ratio 1.93 against 1.55 in 2023; short-term debt: 18.9% and cash: 15.1% of total assets), and 27.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
72.1%
Return on assets
7.5%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-12-2025, 133 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
133 d late
2023
61 d late
2022
59 d late
2021
58 d late
2020
275 d late
2019
144 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€1.63M▲ 5.1%
2023 · €1.55M
2018: €1.45M
2019: €1.44M
2020: €1.51M
2021: €1.45M
2022: €1.57M
2023: €1.55M
2018 → 2024
EBIT margin
10.5%▲ 0.6pp
2023 · 9.9%
2018: 8.5%
2019: 9.4%
2020: 12.5%
2021: 10.6%
2022: 10.5%
2023: 9.9%
2018 → 2024
Net result
€110k▲ 13.8%
2023 · €97k
2018: €71k
2019: €80k
2020: €116k
2021: €94k
2022: €99k
2023: €97k
2018 → 2024
Working capital
€258k▲ 32.8%
2023 · €194k
2018: €8k
2019: €57k
2020: €110k
2021: €123k
2022: €99k
2023: €194k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.51M-€1.45M▼ 4.0%€1.57M▲ 8.1%€1.55M▼ 1.2%€1.63M▲ 5.1%
Equity€795k-€889k▲ 11.8%€917k▲ 3.1%€1.01M▲ 10.5%€1.05M▲ 3.9%
Operating result€189k-€153k▼ 18.9%€164k▲ 7.3%€153k▼ 6.8%€171k▲ 11.6%
Net result€116k-€94k▼ 18.9%€99k▲ 4.7%€97k▼ 1.9%€110k▲ 13.8%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 12% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.46M
Fixed assets
€925k▼ 2.6%
Current assets
€534k▼ 2.2%
Equity and liabilities €1.46M
Equity
€1.05M▲ 3.9%
Debt
€407k▼ 15.6%
The debt ratio falls from 32.3% to 27.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€199k▲
2023 · €183k
Cash flow
€138k▲
2023 · €127k
Solvency
72.1%▲
2023 · 67.7%
Current ratio
1.93▲
2023 · 1.55
Quick ratio
1.19▲
2023 · 1.04
Debt / equity
0.39▼
2023 · 0.48
ROE
10.5%▲
2023 · 9.5%
ROA
7.5%▲
2023 · 6.5%
Interest coverage
12.37▼
2023 · 16.72
Debt
€407k▼
2023 · €482k
Debt ≤ 1 year
€276k▼
2023 · €352k
Debt > 1 year
€130k▲
2023 · €130k
Income taxes
€45k▼
2023 · €46k
Staff costs
€86k▲
2023 · €75k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.50M€1.46M▼
Fixed assets21/28€950k€925k▼
Intangible fixed assets21€517k€517k=
Tangible fixed assets22/27€432k€408k▼
Land and buildings22€423k€399k▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€9k€8k▼
Financial fixed assets28€410€410=
Current assets29/58€546k€534k▼
Stocks and contracts in progress3€179k€205k▲
Stocks30/36€179k€205k▲
Amounts receivable within one year40/41€176k€104k▼
Trade receivables40€176k€104k▼
Other amounts receivable41€254€163▼
Cash at bank and in hand54/58€190k€220k▲
Deferred charges and accrued income490/1€1k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.50M€1.46M▼
Equity10/15€1.01M€1.05M▲
Contributions10/11€65k€65k=
Reserves13€621k€645k▲
Distributable reserves133€621k€645k▲
Profit (loss) carried forward14€328k€343k▲
Amounts payable17/49€482k€407k▼
Amounts payable after more than one year17€130k€130k▲
Financial debts170/4€130k€130k▲
Amounts payable within one year42/48€352k€276k▼
Current portion of amounts payable after more than one year42€58k€32k▼
Financial debts43-€9
Credit institutions430/8-€9
Trade debts44€161k€146k▼
Suppliers440/4€161k€146k▼
Taxes, remuneration and social security45€74k€38k▼
Taxes450/3€59k€24k▼
Remuneration and social security454/9€15k€14k▼
Other amounts payable47/48€58k€59k▲
Accrued charges and deferred income492/3€441€489▲
Income statement
Code20232024
Turnover70€1.55M€1.63M▲
Non-recurring operating income76A€145€171▲
Goods, raw materials, services and sundry goods60/61€1.29M€1.36M▲
Remuneration, social security and pensions62€75k€86k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€28k▼
Other operating charges640/8€4k€8k▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€263k€295k▲
Operating profit (loss)9901€153k€171k▲
Financial income75/76B€273€618▲
Recurring financial income75€273€618▲
Financial charges65/66B€11k€16k▲
Recurring financial charges65€11k€16k▲
Profit (loss) for the period before taxes9903€142k€155k▲
Income taxes67/77€46k€45k▼
Profit (loss) for the period9904€97k€110k▲
Profit (loss) for the period to be appropriated9905€97k€110k▲
Appropriation of the result
Profit (loss) to be appropriated9906€424k€438k▲
Profit (loss) brought forward from the previous period14P€327k€328k▲
Transfer from equity791/2-€71k
Transfer to equity691/2€96k€95k▼
To the legal reserve6920€96k€95k▼
Profit to be distributed694/7-€71k
Return on contributions (dividend)694-€71k
Social balance
Average headcount (FTE)90871.61.5▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 133 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
31-12
Financial
Equity above €1MEq €1.01M ▲10.5%
6 profitable years in a row build equity to €1.01M.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 59 days late
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 58 days late
02-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 275 days late
2020
31-12
Financial
Highest result since 2018net €116k ▲45.8%
Operating result €189k, net result €116k, both a record.
22-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 144 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Sivry-Rance · 1 establishment unit since 2006
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.
Grand Rue 606470 Sivry-RanceGround area
1,449 m²
Building footprint
200 m²
Volume, LiDAR
1,825 m³
Parcel 56061D0154/00P000, Wallonia · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PHARMACIE MATHIEU
since 20062.243.749.263
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56061D0154/00P000 | Wallonia | 1,449 m² | 1 · 200 m² | 12.0 m · 3 fl. |
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.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 27,295 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-07-2006
Fiscal year end31-12
Activities, NACEBEL
47730Retail sale of pharmaceutical products
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.