ABELAPHAR
ActiveSummary
ABELAPHAR has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €36k and a net result of €4k. Equity is growing by ~60.2% per year across the filed fiscal years. Its solvency ranks better than 39% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability38▼-7
Solvency45=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.6 in 2023; short-term debt: 59.5% of total assets), and 79.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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 · 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
20.1%
Return on assets
2.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
19 d early
2022
14 d early
2021
17 d early
2020
18 d early
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€36k▲ 2.6%
2023 · €35k
2018: €-16k
2019: €-8k
2020: €4k
2021: €12k
2022: €27k
2023: €35k
2018 → 2024
Total assets
€181k▲ 4.3%
2023 · €173k
2018: €108k
2019: €126k
2020: €137k
2021: €131k
2022: €181k
2023: €173k
2018 → 2024
Net result
€4k▼ 49.5%
2023 · €9k
2018: €-31k
2019: €8k
2020: €12k
2021: €8k
2022: €15k
2023: €9k
2018 → 2024
Working capital
€41k▼ 20.8%
2023 · €51k
2018: €61k
2019: €45k
2020: €70k
2021: €58k
2022: €53k
2023: €51k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€4k-€12k▲ 222%€27k▲ 132%€35k▲ 32.5%€36k▲ 2.6%
Operating result€26k-€22k▼ 16.5%€32k▲ 43.0%€30k▼ 4.7%€24k▼ 19.6%
Net result€12k-€8k▼ 32.4%€15k▲ 91.6%€9k▼ 42.9%€4k▼ 49.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 20% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €181k
Fixed assets
€33k ▼ 10.2%
Current assets
€148k ▲ 8.2%
Equity and liabilities €181k
Equity
€36k ▲ 2.6%
Debt
€145k ▲ 4.8%
Debt's share of the balance-sheet total rises from 79.5% to 79.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▼
2023 · €40k
Cash flow
€13k▼
2023 · €19k
Current ratio
1.38▼
2023 · 1.60
Quick ratio
0.62▼
2023 · 0.69
Debt to equity
3.97▲
2023 · 3.89
ROE
12.1%▼
2023 · 24.5%
ROA
2.4%▼
2023 · 5.0%
Interest coverage
2.00▼
2023 · 2.38
Debt ≤ 1 year
€108k▲
2023 · €86k
Debt > 1 year
€30k▼
2023 · €46k
Income taxes
€3k▼
2023 · €5k
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 · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€173k€181k▲
Fixed assets21/28€36k€33k▼
Tangible fixed assets22/27€36k€33k▼
Plant, machinery and equipment23€32k€29k▼
Furniture and vehicles24€4k€3k▼
Current assets29/58€137k€148k▲
Stocks and contracts in progress3€78k€81k▲
Stocks30/36€78k€81k▲
Amounts receivable within one year40/41€50k€57k▲
Trade receivables40€49k€56k▲
Other amounts receivable41€560€726▲
Current investments50/53€5k€5k=
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€173k€181k▲
Equity10/15€35k€36k▲
Contributions10/11€6k€6k=
Reserves13€29k€30k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€27k€28k▲
Profit (loss) carried forward14€13€13=
Amounts payable17/49€138k€145k▲
Amounts payable after more than one year17€46k€30k▼
Financial debts170/4€46k€30k▼
Amounts payable within one year42/48€86k€108k▲
Current portion of amounts payable after more than one year42€29k€28k▼
Financial debts43€9k€21k▲
Credit institutions430/8€9k€21k▲
Trade debts44€34k€43k▲
Suppliers440/4€34k€43k▲
Taxes, remuneration and social security45€6k€5k▼
Taxes450/3€6k€5k▼
Other amounts payable47/48€7k€10k▲
Accrued charges and deferred income492/3€6k€7k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€41k€34k▼
Operating profit (loss)9901€30k€24k▼
Financial income75/76B€46€0▼
Recurring financial income75€46€0▼
Financial charges65/66B€17k€17k▼
Recurring financial charges65€17k€17k▼
Profit (loss) for the period before taxes9903€13k€8k▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€9k€4k▼
Profit (loss) for the period to be appropriated9905€9k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€4k▼
Profit (loss) brought forward from the previous period14P€13€13=
Transfer from equity791/2-€3k
Transfer to equity691/2€9k€4k▼
To other reserves6921€9k€4k▼
Profit to be distributed694/7-€3k
Return on contributions (dividend)694-€3k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €15k ▲91.6%
Operating result €32k, net result €15k, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Bornem · 1 establishment unit since 2009
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.
Karel Van Doorslaerlaan(MAR) 202880 BornemGround area
567 m²
Building footprint
235 m²
Volume, LiDAR
1,772 m³
Parcel 12024A0237/00M002, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Abelaphar
since 20092.175.353.177
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12024A0237/00M002 | Flanders | 567 m² | 1 · 235 m² | 10.6 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBornem2.175.353.177
Similar companies · same sector, comparable size
JUCENI
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ITIPHARMA GHYSELEN
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Apr. ZEYREK
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Custers Elke
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Of 5,220 companies in sector 47730 we hold annual accounts for 3,861. 2,304 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 formPrivate limited company
Founded23-12-2008
Fiscal year end31-12
Trade name NL
APOTHEEK THIENPONT
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@apotheekthienpont.be
Phone:+32(0)52333332