APOTHEEK COGGHE
ActiveSummary
APOTHEEK COGGHE has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €637k and a net result of €134k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 60% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+20
Solvency72▼-1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 1.76 against 1.87 in 2023; short-term debt: 47.7% and cash: 51.1% of total assets), but 52.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
2 d late
2022
2 d late
2021
80 d late
2020
23 d late
2019
66 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€637k▲ 0.6%
2023 · €633k
2018: €597k
2019: €609k
2020: €618k
2021: €626k
2022: €631k
2023: €633k
2018 → 2024
Total assets
€1.35M▲ 2.1%
2023 · €1.32M
2018: €1.32M
2019: €1.45M
2020: €1.21M
2021: €1.25M
2022: €1.31M
2023: €1.32M
2018 → 2024
Net result
€134k▲ 70.5%
2023 · €78k
2018: €126k
2019: €151k
2020: €154k
2021: €103k
2022: €196k
2023: €78k
2018 → 2024
Working capital
€489k▼ 3.6%
2023 · €508k
2018: €425k
2019: €464k
2020: €488k
2021: €506k
2022: €508k
2023: €508k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€618k-€626k▲ 1.3%€631k▲ 0.9%€633k▲ 0.2%€637k▲ 0.6%
Operating result€241k-€183k▼ 23.9%€240k▲ 31.1%€123k▼ 48.7%€163k▲ 32.8%
Net result€154k-€103k▼ 33.1%€196k▲ 90.3%€78k▼ 59.9%€134k▲ 70.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 33% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.35M
Fixed assets
€216k ▼ 6.2%
Current assets
€1.13M ▲ 3.8%
Equity and liabilities €1.35M
Equity
€637k ▲ 0.6%
Debt
€713k ▲ 3.4%
Debt's share of the balance-sheet total rises from 52.1% to 52.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€212k▲
2023 · €168k
Cash flow
€183k▲
2023 · €124k
Current ratio
1.76▼
2023 · 1.87
Quick ratio
1.30▼
2023 · 1.42
Debt to equity
1.12▲
2023 · 1.09
ROE
21.0%▲
2023 · 12.4%
ROA
9.9%▲
2023 · 5.9%
Interest coverage
9.33▲
2023 · 4.12
Debt ≤ 1 year
€644k▲
2023 · €584k
Debt > 1 year
€69k▼
2023 · €105k
Income taxes
€7k▲
2023 · €4k
Staff costs
€89k▼
2023 · €105k
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 · 2024 against 2023 · 58 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.32M€1.35M▲
Fixed assets21/28€231k€216k▼
Tangible fixed assets22/27€230k€216k▼
Land and buildings22€73k€70k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€7k€8k▲
Other tangible fixed assets26€148k€137k▼
Financial fixed assets28€704€704=
Current assets29/58€1.09M€1.13M▲
Stocks and contracts in progress3€265k€299k▲
Stocks30/36€265k€299k▲
Amounts receivable within one year40/41€106k€116k▲
Trade receivables40€98k€109k▲
Other amounts receivable41€9k€7k▼
Current investments50/53€21k€7k▼
Cash at bank and in hand54/58€685k€690k▲
Deferred charges and accrued income490/1€16k€21k▲
Equity and liabilities
Total equity and liabilities10/49€1.32M€1.35M▲
Equity10/15€633k€637k▲
Contributions10/11€138k€138k=
Capital10€138k€138k=
Issued capital100€138k€138k=
Reserves13€495k€499k▲
Non-distributable reserves130/1€14k€14k=
Legal reserve130€14k€14k=
Distributable reserves133€481k€485k▲
Amounts payable17/49€690k€713k▲
Amounts payable after more than one year17€105k€69k▼
Financial debts170/4€105k€69k▼
Amounts payable within one year42/48€584k€644k▲
Current portion of amounts payable after more than one year42€36k€37k▲
Financial debts43€13k€1k▼
Credit institutions430/8€13k€1k▼
Trade debts44€87k€73k▼
Suppliers440/4€87k€73k▼
Taxes, remuneration and social security45€11k€6k▼
Taxes450/3€1k€5k▲
Remuneration and social security454/9€10k€2k▼
Other amounts payable47/48€437k€527k▲
Income statement
Code20232024
Remuneration, social security and pensions62€105k€89k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€49k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€276k€304k▲
Operating profit (loss)9901€123k€163k▲
Financial income75/76B€113€2▼
Recurring financial income75€113€2▼
Financial charges65/66B€41k€23k▼
Recurring financial charges65€41k€23k▼
Profit (loss) for the period before taxes9903€82k€141k▲
Income taxes67/77€4k€7k▲
Profit (loss) for the period9904€78k€134k▲
Profit (loss) for the period to be appropriated9905€78k€134k▲
Appropriation of the result
Profit (loss) to be appropriated9906€78k€134k▲
Transfer to equity691/2€1k€4k▲
To other reserves6921€1k€4k▲
Profit to be distributed694/7€77k€130k▲
Directors or managers695€77k€130k▲
Social balance
Average headcount (FTE)90872.91.4▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 2 days late
2023
31-12
Financial
Weakest financial yearnet €78k ▼59.9%
Net result drops to €78k, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
31-12
Financial
Highest result since 2018net €196k ▲90.3%
Net result €196k, the highest in the series.
19-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 80 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 66 days late
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 427 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 56 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
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, Sint-Katelijne-Waver · 1 establishment unit since 1986
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.
Dijk 182861 Sint-Katelijne-WaverGround area
626 m²
Building footprint
234 m²
Volume, LiDAR
1,453 m³
Parcel 12027A0077/00V000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dijk 18, 2861 Sint-Katelijne-Waver
since 19862.035.423.848
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12027A0077/00V000 | Flanders | 626 m² | 1 · 234 m² | 9.7 m · 2 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 to 2025 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Katelijne-Waver2.035.423.848
Similar companies · same sector, comparable size
SAINT-MARTIN
BE 0463.254.380
Frasnes-lez-Anvaing · Eq €636,514
PHARMACIE SCHOUTETEN
BE 0863.225.962
Comines-Warneton · Eq €637,248
RAMSELPHARMA
BE 0444.246.736
Herselt · Eq €637,252
HOLSBEEK BRECHT - SINT -LENAERTS
BE 0415.789.807
Brecht · Eq €637,722
PHARMACIE PIERRE WAGNER
BE 0421.305.642
Anthisnes · Eq €635,727
Of 5,220 companies in sector 47730 we hold annual accounts for 3,861. 3,266 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
Founded25-07-1986
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.