DOROTHEA
ActiveDOROTHEA has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €626k and a net result of €299k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 61% of 10310 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▲+5
Solvency72▲+3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 1.88 against 1.76 in 2024; short-term debt: 52.7% and cash: 76.1% of total assets), but 52.7% 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
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
47.3%
Return on assets
22.6%
Age of the figures
12 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-03-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
1 d early
2023
18 d early
2022
3 d early
2021
8 d early
2020
1 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€626k=
2024 · €626k
2018: €671k
2019: €860k
2020: €962k
2021: €1.05M
2022: €1.06M
2023: €1.06M
2024: €626k
2018 → 2025
Total assets
€1.32M▼ 7.3%
2024 · €1.43M
2018: €1.04M
2019: €1.06M
2020: €1.12M
2021: €1.23M
2022: €1.44M
2023: €1.69M
2024: €1.43M
2018 → 2025
Net result
€299k▲ 10.5%
2024 · €271k
2018: €121k
2019: €189k
2020: €189k
2021: €184k
2022: €209k
2023: €241k
2024: €271k
2018 → 2025
Working capital
€611k▲ 1.1%
2024 · €604k
2018: €270k
2019: €411k
2020: €670k
2021: €887k
2022: €950k
2023: €1.02M
2024: €604k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.05M-€1.06M▲ 1.3%€1.06M=€626k▼ 41.2%€626k=
Operating result€263k-€302k▲ 15.1%€323k▲ 6.7%€369k▲ 14.5%€407k▲ 10.1%
Net result€184k-€209k▲ 13.5%€241k▲ 15.2%€271k▲ 12.3%€299k▲ 10.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.32M
Fixed assets
€15k▼ 32.2%
Current assets
€1.31M▼ 6.9%
Equity and liabilities €1.32M
Equity
€626k=
Debt
€696k▼ 13.0%
The debt ratio falls from 56.1% to 52.7%. Debt is lower.
Key figures and ratios
EBITDA
€416k▲
2024 · €409k
Cash flow
€308k▼
2024 · €311k
Solvency
47.3%▲
2024 · 43.9%
Current ratio
1.88▲
2024 · 1.76
Quick ratio
1.68▲
2024 · 1.58
Debt / equity
1.11▼
2024 · 1.28
ROE
47.8%▲
2024 · 43.2%
ROA
22.6%▲
2024 · 19.0%
Interest coverage
26.06▲
2024 · 24.65
Debt
€696k▼
2024 · €800k
Debt ≤ 1 year
€696k▼
2024 · €800k
Income taxes
€96k▲
2024 · €85k
Staff costs
€68k▼
2024 · €78k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.43M€1.32M▼
Fixed assets21/28€22k€15k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€22k€15k▼
Plant, machinery and equipment23€765€382▼
Furniture and vehicles24€21k€13k▼
Other tangible fixed assets26-€2k
Current assets29/58€1.40M€1.31M▼
Stocks and contracts in progress3€142k€140k▼
Stocks30/36€142k€140k▼
Amounts receivable within one year40/41€139k€157k▲
Trade receivables40€115k€131k▲
Other amounts receivable41€24k€26k▲
Cash at bank and in hand54/58€1.12M€1.01M▼
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€1.43M€1.32M▼
Equity10/15€626k€626k=
Contributions10/11€70k€70k=
Reserves13€556k€556k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€556k€556k=
Profit (loss) carried forward14€0€0=
Amounts payable17/49€800k€696k▼
Amounts payable within one year42/48€800k€696k▼
Financial debts43€30k€53k▲
Credit institutions430/8€30k€53k▲
Trade debts44€95k€138k▲
Suppliers440/4€95k€138k▲
Taxes, remuneration and social security45€65k€72k▲
Taxes450/3€49k€57k▲
Remuneration and social security454/9€16k€15k▼
Other amounts payable47/48€610k€433k▼
Accrued charges and deferred income492/3€312€0▼
Income statement
Code20242025
Non-recurring operating income76A€826€0▼
Remuneration, social security and pensions62€78k€68k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€9k▼
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A-€800
Gross operating margin9900€491k€488k▼
Operating profit (loss)9901€369k€407k▲
Financial income75/76B€3k€5k▲
Recurring financial income75€3k€5k▲
Financial charges65/66B€17k€16k▼
Recurring financial charges65€17k€16k▼
Profit (loss) for the period before taxes9903€356k€395k▲
Income taxes67/77€85k€96k▲
Profit (loss) for the period9904€271k€299k▲
Profit (loss) for the period to be appropriated9905€271k€299k▲
Appropriation of the result
Profit (loss) to be appropriated9906€271k€299k▲
Transfer from equity791/2€439k€0▼
Profit to be distributed694/7€710k€299k▼
Return on contributions (dividend)694€710k€299k▼
Social balance
Average headcount (FTE)90871.01.0=
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
Next filing, fiscal year 2026, expected by
2026
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €299k ▲10.5%
Operating result €407k, net result €299k, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Equity above €1MEq €1.05M ▲9.3%
4 profitable years in a row build equity to €1.05M.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Liquidity doublescurrent ratio 4.43
Current ratio from 2.17 to 4.43; short-term debt falls from €352k to €195k.
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-04
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
3 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, Erpe-Mere · 1 establishment unit since 2014
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.
Bosstraat 99420 Erpe-MereGround area
1,043 m²
Building footprint
275 m²
Volume, LiDAR
1,521 m³
Parcel 41040B0237/00P002, Flanders · tallest building 11.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Apotheek Vantyghem
since 20142.233.796.172
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41040B0237/00P002 | Flanders | 1,043 m² | 1 · 275 m² | 11.4 m · 1 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
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Similar companies · same sector, comparable size
PHARMACIE TELLIER CONSEIL
BE 0870.770.978
Sint-Lambrechts-Woluwe · Eq €626k
PHARMACIE DU BON AIR
BE 0458.555.028
Anderlecht · Eq €626k
PHARMACIE FAIDHERBE
BE 0479.179.208
Frameries · Eq €625k
COPHAREM
BE 0437.038.943
Sint-Jans-Molenbeek · Eq €627k
APOTHEEK ILSE CAUDRON
BE 0878.213.947
Aalst · Eq €625k
Of 5,222 companies in sector 47730 we hold annual accounts for 3,861. 3,271 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-08-2014
Fiscal year end30-09
Activities, NACEBEL
47730Retail sale of pharmaceutical products
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.