DECORTE APOTHEEK
ActiveSummary
DECORTE APOTHEEK has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €324k and a net result of €90k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 43% of 4157 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+6
Solvency55=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity short (current ratio 0.95 against 0.89 in 2024; short-term debt: 48.2% and cash: 11.7% of total assets), and 69.9% of the assets are financed with debt.
Credit advice 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
30.1%
Return on assets
8.3%
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
17 d early
2023
29 d early
2022
33 d early
2021
60 d late
2020
26 d early
2019
32 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
€90k▲ 44.2%
2024 · €62k
2018: €69k
2019: €82k
2020: €127k
2021: €121k
2022: €85k
2023: €80k
2024: €62k
2018 → 2025
Working capital
€-26k▲ 49.3%
2024 · €-52k
2018: €62
2019: €-35k
2020: €-81k
2021: €-66k
2022: €-50k
2023: €-23k
2024: €-52k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€296k-€297k▲ 0.2%€297k▲ 0.1%€323k▲ 8.5%€324k▲ 0.6%
Operating result€133k-€96k▼ 27.7%€99k▲ 2.2%€84k▼ 15.1%€116k▲ 38.5%
Net result€121k-€85k▼ 30.0%€80k▼ 5.6%€62k▼ 22.4%€90k▲ 44.2%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 38% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.08M
Fixed assets
€585k ▼ 8.2%
Current assets
€494k ▲ 15.8%
Equity and liabilities €1.08M
Equity
€324k ▲ 0.6%
Debt
€754k ▲ 1.8%
Debt's share of the balance-sheet total rises from 69.7% to 69.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€177k▲
2024 · €128k
Cash flow
€151k▲
2024 · €107k
Current ratio
0.95▲
2024 · 0.89
Quick ratio
0.46▲
2024 · 0.43
Debt to equity
2.33▲
2024 · 2.30
ROE
27.7%▲
2024 · 19.3%
ROA
8.3%▲
2024 · 5.9%
Interest coverage
7.05▲
2024 · 5.62
Debt ≤ 1 year
€520k▲
2024 · €478k
Debt > 1 year
€229k▼
2024 · €257k
Income taxes
€1k▲
2024 · €30
Staff costs
€181k▲
2024 · €154k
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€1.06M€1.08M▲
Fixed assets21/28€637k€585k▼
Tangible fixed assets22/27€632k€579k▼
Land and buildings22€620k€568k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€6k€7k▲
Other tangible fixed assets26€935€803▼
Financial fixed assets28€6k€6k=
Current assets29/58€426k€494k▲
Stocks and contracts in progress3€223k€257k▲
Stocks30/36€223k€257k▲
Amounts receivable within one year40/41€80k€100k▲
Trade receivables40€71k€92k▲
Other amounts receivable41€9k€8k▼
Cash at bank and in hand54/58€116k€126k▲
Deferred charges and accrued income490/1€7k€10k▲
Equity and liabilities
Total equity and liabilities10/49€1.06M€1.08M▲
Equity10/15€323k€324k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€261k€262k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€35k€35k=
Distributable reserves133€219k€221k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€741k€754k▲
Amounts payable after more than one year17€257k€229k▼
Financial debts170/4€256k€227k▼
Other amounts payable178/9€2k€2k▲
Amounts payable within one year42/48€478k€520k▲
Current portion of amounts payable after more than one year42€37k€33k▼
Trade debts44€81k€100k▲
Suppliers440/4€81k€100k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€23k€36k▲
Taxes450/3€71€3k▲
Remuneration and social security454/9€23k€32k▲
Other amounts payable47/48€336k€351k▲
Accrued charges and deferred income492/3€5k€5k▼
Income statement
Code20242025
Remuneration, social security and pensions62€154k€181k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€61k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€286k€362k▲
Operating profit (loss)9901€84k€116k▲
Financial income75/76B€2k€524▼
Recurring financial income75€2k€524▼
Financial charges65/66B€23k€25k▲
Recurring financial charges65€23k€25k▲
Profit (loss) for the period before taxes9903€62k€91k▲
Income taxes67/77€30€1k▲
Profit (loss) for the period9904€62k€90k▲
Profit (loss) for the period to be appropriated9905€62k€90k▲
Appropriation of the result
Profit (loss) to be appropriated9906€62k€90k▲
Transfer to equity691/2€25k€2k▼
To other reserves6921€25k€2k▼
Profit to be distributed694/7€37k€88k▲
Directors or managers695€37k€88k▲
Social balance
Average headcount (FTE)90872.02.1▲
The notes to these accounts (22 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €62k ▼22.4%
Net result drops to €62k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 60 days late
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €127k ▲53.9%
Operating result €139k, net result €127k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
14-07
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
5 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, Torhout · 1 establishment unit since 2011
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.
Hofstraat 268820 TorhoutGround area
369 m²
Building footprint
66 m²
Volume, LiDAR
847 m³
Parcel 31033K0418/00H000, Flanders · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
DECORTE APOTHEEK
since 20112.205.171.472
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31033K0418/00H000 | Flanders | 369 m² | 1 · 66 m² | 15.7 m · 4 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 · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteTorhout2.205.171.472
Similar companies · same sector, comparable size
STEVENS PHARMA
BE 0442.284.960
Wezembeek-Oppem · Eq €324,659
FALIPHARMA
BE 0422.990.373
Sambreville · Eq €324,777
MAUDENS JEROEN
BE 0884.829.347
Sint-Genesius-Rode · Eq €324,786
OSTEOSERV
BE 0870.735.346
Kinrooi · Eq €324,795
PHARMACIE MARIE-ANNE LEFEBURE
BE 0827.755.141
Sint-Pieters-Woluwe · Eq €324,897
Of 5,220 companies in sector 47730 we hold annual accounts for 3,861. 3,486 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
Founded23-12-1997
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.