De Baere OLV · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of De Baere OLV is 2.1% (moderate). The 2024 annual accounts show equity of €91k and a net result of €47k. Its solvency ranks better than 58% of 6720 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 16 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

How we compute the deadline

The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	18-06-2025	43 d early	2025-00150955
31-12-2023	31-07-2024	15-05-2024	77 d early	2024-00088083

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

2.1% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€47k

Working capital€113k

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 18-06-2025 with the NBB · fiscal year 2024 · micro

Sector comparison

Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	28.8%	20.4%	better than 58% of 6720 sector peers
Net result	€47k	€4k	better than 88% of 6701 sector peers
Equity	€91k	€16k	better than 84% of 6735 sector peers
Gross operating margin	€108k	€24k	better than 83% of 6680 sector peers
Total assets	€316k	€94k	better than 82% of 6724 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€107k
Net profit	€47k
Cash flow	€77k
Staff costs	-
Income taxes	€17k
Dividends	-
Total assets	€316k
Equity	€91k
Debt	€225k
of which ≤ 1y	€112k
of which > 1y	€112k
Working capital	€113k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	2.01
Quick ratio	1.34
Working capital ratio	35.9%
Solvency	28.8%
Debt / equity	2.47
Long-term debt ratio	1.24
Interest coverage	6.71
Gross margin	-
Net margin	-
ROA	14.9%
ROE	51.9%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €90k · 28.5% Current assets €226k · 71.5%

Equity & liabilities

Equity €91k · 28.8% Debt €225k · 71.2%

Full annual accounts (25 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€316k
Fixed assets	21/28	€90k
Intangible fixed assets	21	€60k
Tangible fixed assets	22/27	€30k
Current assets	29/58	€226k
Stocks & contracts in progress	3	€75k
Amounts receivable within one year	40/41	€57k
Cash & bank	54/58	€94k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€316k
Equity	10/15	€91k
Contributions / capital	10/11	€25k
Reserves	13	€62k
Accumulated profits (losses)	14	€4k
Amounts payable	17/49	€225k
Amounts payable after one year	17	€112k
Amounts payable within one year	42/48	€112k
Trade debts payable within one year	44	€66k
Income statement
Gross operating margin	9900	€108k
Operating result	9901	€77k
Financial income	75	€3k
Financial charges	65	€16k
Result before taxes	9903	€65k
Income taxes	67/77	€17k
Net result for the period	9904	€47k
Result to be appropriated	9905	€47k

Ratios computed by Checked.

Health barometer

FY 2024 · computed

83 / 100 Excellent

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

Apotheek De Baere OLV

Koning Albertstraat 45, 1760 RoosdaalVervaardiging van geneesmiddelen

since 20232.352.608.108

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area2,599 m²

Buildings1

Building footprint188 m²

Volume (LiDAR)915 m³

Tallest building7.3 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)