APOTHEEK VERSTRAETE
ActiveSummary
APOTHEEK VERSTRAETE has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €386k and a net result of €237k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 39% of 4157 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
66
/ 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
Profitability89▼-2
Solvency51▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.36 in 2024; short-term debt: 69% and cash: 11.8% of total assets), and 73.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
26.5%
Return on assets
16.2%
Age of the figures
9 mo
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
26 d late
2023
12 d early
2022
24 d early
2021
31 d early
2020
29 d early
2019
2 d early
← 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
€237k▼ 0.4%
2024 · €238k
2018: €93k
2019: €120k
2020: €171k
2021: €180k
2022: €224k
2023: €219k
2024: €238k
2018 → 2025
Working capital
€243k▼ 19.8%
2024 · €303k
2018: €329k
2019: €316k
2020: €295k
2021: €285k
2022: €279k
2023: €288k
2024: €303k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€384k-€384k▲ 0.1%€385k=€386k▲ 0.3%€386k▲ 0.2%
Operating result€184k-€230k▲ 24.8%€233k▲ 1.5%€268k▲ 14.8%€259k▼ 3.1%
Net result€180k-€224k▲ 24.4%€219k▼ 2.3%€238k▲ 8.6%€237k▼ 0.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.46M
Fixed assets
€209k ▲ 11.8%
Current assets
€1.25M ▲ 10.1%
Equity and liabilities €1.46M
Equity
€386k ▲ 0.2%
Debt
€1.07M ▲ 14.5%
Debt's share of the balance-sheet total rises from 70.8% to 73.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€313k▲
2024 · €313k
Cash flow
€291k▲
2024 · €283k
Current ratio
1.24▼
2024 · 1.36
Quick ratio
0.97▼
2024 · 1.07
Debt to equity
2.78▲
2024 · 2.43
ROE
61.3%▼
2024 · 61.7%
ROA
16.2%▼
2024 · 18.0%
Interest coverage
9.78▲
2024 · 8.52
Debt ≤ 1 year
€1.01M▲
2024 · €832k
Debt > 1 year
€56k▼
2024 · €84k
Income taxes
€7k▼
2024 · €9k
Staff costs
€236k▼
2024 · €254k
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 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.32M€1.46M▲
Fixed assets21/28€187k€209k▲
Tangible fixed assets22/27€187k€209k▲
Land and buildings22€146k€143k▼
Plant, machinery and equipment23€26k€8k▼
Furniture and vehicles24€15k€52k▲
Other tangible fixed assets26-€6k
Current assets29/58€1.13M€1.25M▲
Stocks and contracts in progress3€242k€269k▲
Stocks30/36€242k€269k▲
Amounts receivable within one year40/41€657k€701k▲
Trade receivables40€164k€197k▲
Other amounts receivable41€493k€504k▲
Current investments50/53-€100k
Cash at bank and in hand54/58€228k€172k▼
Deferred charges and accrued income490/1€8k€8k▲
Equity and liabilities
Total equity and liabilities10/49€1.32M€1.46M▲
Equity10/15€386k€386k▲
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€323k€324k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€243€243=
Distributable reserves133€317k€317k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€936k€1.07M▲
Amounts payable after more than one year17€84k€56k▼
Financial debts170/4€84k€56k▼
Amounts payable within one year42/48€832k€1.01M▲
Current portion of amounts payable after more than one year42€33k€27k▼
Trade debts44€127k€139k▲
Suppliers440/4€127k€139k▲
Taxes, remuneration and social security45€35k€33k▼
Taxes450/3€5k€6k▲
Remuneration and social security454/9€30k€27k▼
Other amounts payable47/48€636k€808k▲
Accrued charges and deferred income492/3€21k€9k▼
Income statement
Code20242025
Remuneration, social security and pensions62€254k€236k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€54k▲
Other operating charges640/8€5k€5k▲
Non-recurring operating charges66A€0€382▲
Gross operating margin9900€572k€555k▼
Operating profit (loss)9901€268k€259k▼
Financial income75/76B€16k€16k▲
Recurring financial income75€16k€16k▲
Financial charges65/66B€37k€32k▼
Recurring financial charges65€37k€32k▼
Profit (loss) for the period before taxes9903€247k€244k▼
Income taxes67/77€9k€7k▼
Profit (loss) for the period9904€238k€237k▼
Profit (loss) for the period to be appropriated9905€238k€237k▼
Appropriation of the result
Profit (loss) to be appropriated9906€238k€237k▼
Transfer to equity691/2€1k€699▼
To other reserves6921€1k€699▼
Profit to be distributed694/7€237k€236k▼
Directors or managers695€232k€232k=
Employees696€5k€4k▼
Social balance
Average headcount (FTE)90873.23.3▲
The notes to these accounts (23 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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-12
Financial
Highest result since 2018net €238k ▲8.6%
Operating result €268k, net result €238k, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kortrijk · 1 establishment unit since 1987
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.
Veldstraat(Kor) 1568500 KortrijkGround area
465 m²
Building footprint
380 m²
Volume, LiDAR
3,557 m³
Parcel 34353B0097/00E004, Flanders · tallest building 14.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
APOTHEEK VERSTRAETE
since 19872.032.235.716
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0097/00E004 | Flanders | 465 m² | 1 · 380 m² | 14.1 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 243 EUR awarded · 201 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 243 EUR | 201 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortrijk2.032.235.716
Similar companies · same sector, comparable size
Apotheek Verfaillie
BE 0444.210.609
Tielt · Eq €386,174
LES PHARMACIES RURALES
BE 0444.082.628
Celles (lez-Tournai) · Eq €386,595
Pharma Boulevard
BE 0761.844.730
Lier · Eq €385,603
Apotheek De Vriendt-Wauters
BE 0810.373.137
Berlare · Eq €387,173
GILIS-SEGERS
BE 0459.276.588
Tienen · Eq €385,384
Of 5,220 companies in sector 47730 we hold annual accounts for 3,861. 3,444 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
Founded02-12-1987
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.