Equity
€146,406 from €264,103 in 2022
Equity fell by 45% in 3 years.
Apham
Lifetime
20 annual accounts with figures on one time axis, 49 filings since 1977peak €173,171 (2016)
€40,008▲ 8.3%
lowest -€47,332 (2024)
€961▲ €48,294
peak €264,103 (2022)
€146,406▲ 0.7%
€251,870▲ 4.1%
peak 2 FTE (2013)
0.5 FTE▼ 54.5%
Board4 names since 2016
1 director
Owners
Documentsfilings and deeds
11-06-202650 days before the deadline
2025abbreviated format
Back to profit: €961Staff from 1.1 FTE to 0.5 FTEInvestments €22,626Cash from €60,532 to €41,825
Key points
from the 2025 annual accountsTurnover
≈ €180,000 estimated
The accounts state no turnover.
Investments
€22,626 2.2 × depreciation
Green is investment, beige is depreciation. Machinery stands 20.7% higher than in 2024.
Staff
1 employees on 31-12-2025
In 2025, 1 person joined and 1 left.
Filings
49 annual accounts since 1977
The last five annual accounts were filed 2 to 50 days before the end of the period.
Board
1 joined
New director. Latest change 15-06-2026 · 2 in office.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,044 companies had the same profile as Apham has now. Each dot stands for 43 companies, two years later.
94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,044 companies, not a prediction for Apham. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, , since 01-04-2024
Director
- 100%equity €147,454 (2025) · 2025 annual accounts of
Recent changes
Appointment: (director)
Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0414244042
Resignation: (director)
Appointment: (director) · Director discharge: · General meeting of 01-04-2024 · Gazette deed
Registered office moved within Antwerpen Antwerpsesteenweg
New registered office: 2660 Antwerpen Antwerpsesteenweg 182 · Previous registered office: 2660 Antwerpen Antwerpsesteenweg 184 · Resignation: (director) · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Apham Antwerp | €398,276 | €40,008 | 36.8% | 0.5 |
| APOTHEEK JANSSEN Knokke-Heist | €398,271 | €43,763 | 47.6% | 0.3 |
| APOTHEEK GLORIE Duffel | €402,512 | €49,495 | 67.6% | 0.4 |
| PHARMACIE LERUTH Liège | €326,627 | €48,645 | 17.0% | 0.5 |
| APOTHEEK VANDEVIVERE Sint-Lievens-Houtem | €348,318 | €55,456 | 62.0% | 0.4 |
| CORIPHAR Tienen | €425,689 | €55,990 | 34.5% | 0.3 |
| Apotheek Dawyndt Anzegem | €469,553 | €57,520 | 45.9% | 0.4 |
These companies have the same main activity as Apham: retail sale of pharmaceutical products (NACE 47730). They are comparable in size and age: total assets between €327,000 and €470,000, founded between 1983 and 1990.
Official details
Source: KBO- Status
- Active since 28-06-1974Normal situation
- Activity
- Retail sale of pharmaceutical productsNACE 47730and 1 other
- Joint committee
- 313Pharmacies and pricing offices · annual accounts 2025
- Establishment unit
- 2.010.214.2412660 Antwerp, since 01-09-1974
- Financial year end
- 31 December
- Peppol
- Reachable since 09-10-2024
Annual accounts 2025
- €398,276▲ 2.8%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 11-06-2026, 50 days before the end of the filing period
Insights on Apham
Apham files the abbreviated format. That format states no turnover. The gross margin fell from €108,428 in 2006 to €40,008 in 2025.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Apham
- What is the company number of Apham?
- The company number of Apham is 0414.244.042. The VAT number is the same number with BE in front: BE 0414.244.042.
- Where is Apham based?
- The registered office is at Antwerpsesteenweg 182, 2660 Antwerp.Company details
- What does Apham do?
- According to the KBO register, the main activity is retail sale of pharmaceutical products (NACE 47730).
- What is the legal form of Apham?
- Apham is a public limited company (NV).
- When was Apham founded?
- Apham was founded on 28-06-1974.
- Is Apham still active?
- Yes, Apham is an active enterprise in the KBO register.
- How many employees does Apham have?
- Apham had an average of 0.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Apham fall under?
- In its 2025 annual accounts, Apham states joint committee 313 (Pharmacies and pricing offices).
- What is the turnover of Apham?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €40,008 and 72 comparable companies (NACE 477). It probably lies between €100,000 and €340,000.
- Is Apham profitable?
- In financial year 2025, Apham made a profit of €961.
- Where can I find the annual accounts of Apham?
- Apham filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Apham due?
- Apham must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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