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Apotheek De Swaene

Active
Private limited companyfounded 1984active for 42 yearsKoning Albert I-laan 68B, 8200 Brugge, BelgiumKBO/BCE: BE 0426.501.080

From the official registers: KBO 42 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Apotheek De Swaene has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68,761 and a net result of -€26,032. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 20% of 12,757 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

KBO
Status
Active since 31-10-1984 Normal situation
Activity
Retail sale of pharmaceutical products NACE 47730
Establishment unit
2.025.847.077 8200 Brugge, since 31-10-1984
Financial year end
31 December
Peppol
Reachable since 30-08-2024

Board and ownership

Board

Financial position

65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
€41,857
▼ 62.9%
Turnover
≈ €190,000
estimated
Loss
€26,032
Equity
€68,761
▼ 27.5%
Total assets
€720,943
▲ 18.2%
Filed on 25-07-2026, 6 days before the deadlineat the National Bank
Score breakdownraises risk1 change of registered office in 24 monthsEquity €68,761 (9.5% of total assets)Sector: Retail trade (NACE 47)lowers riskSize: total assets €720,943Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 23% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 35-6
equity 9.5% of total assets
Liquidity 26-14
short-term debt 55.3% · cash 3.1%
Profitability 33-48
return on assets -3.6%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024lowest value 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.3 percentage points vs 06-2025 08-2025: 0.5%▼ -0.2 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.8%▲ +0.1 percentage points vs 05-2026 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%● unchanged vs 07-2026highest value 09-2026: 0.9%● unchanged vs 08-2026highest value 10-2026: 0.9%● unchanged vs 09-2026highest value
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.39 (0.71 in 2024), below 1. Short-term debt is 55.3% and cash 3.1% of total assets. 90.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 26% of them on solvency, 23% on liquidity, 26% on profitability and 17% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €720,943
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Equity €68,761 (9.5% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 12757 sector peers (2025).
NBB · sector comparison
Position among 12757 sector peers
Solvency
better than 20%
← weakest strongest →
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 25-07-2026, 6 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
6 days early
2024
1 day early
2023
27 days late
2022
31 days early
2021
31 days late
2020
25 days late
2019
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €58,204 in 2024 -€26,032 View
  • Caution: Lower net result than 87% of companies in retail tradesector median €27,641 · 12,747 companies -€26,032 View

Comparable companies

These companies have the same main activity as Apotheek De Swaene: retail sale of pharmaceutical products (NACE 47730). They are comparable in size and age: total assets between €577,000 and €837,000, founded between 1983 and 1993.

CompanyTotal assetsGross margin
Apotheek De Swaene Brugge€720,943€41,857
APOTHEEK ANN VERPLAETSE Kuurne€683,926€39,124
APOTHEEK EUROPARK Antwerpen€836,585€41,349
ZICHEM PHARMA Scherpenheuvel-Zichem€622,406€52,225
Apotheek Vercruysse Brugge€662,948€58,476
APOTHEEK VANDUYNSLAGER Wevelgem€577,436€36,801
CENTRUMAPOTHEEK TORHOUT Torhout€591,095€35,819
Full comparison

Documents

Annual accounts at the NBB

All 42 annual accounts

Articles and registers

Key facts about Apotheek De Swaene

What is the company number of Apotheek De Swaene?
The company number of Apotheek De Swaene is 0426.501.080. The VAT number is the same number with BE in front: BE 0426.501.080.
Where is Apotheek De Swaene based?
The registered office is at Koning Albert I-laan 68B, 8200 Brugge.Company details
What does Apotheek De Swaene do?
According to the KBO register, the main activity is retail sale of pharmaceutical products (NACE 47730).
What is the legal form of Apotheek De Swaene?
The legal form of Apotheek De Swaene is Private limited company (BV).
When was Apotheek De Swaene founded?
Apotheek De Swaene was founded on 31-10-1984.
Is Apotheek De Swaene still active?
Yes, Apotheek De Swaene is an active enterprise in the KBO register.
What is the turnover of Apotheek De Swaene?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €41,857 and 73 comparable companies (NACE 477). It probably lies between €100,000 and €360,000.Financials
Is Apotheek De Swaene profitable?
In financial year 2025, Apotheek De Swaene made a loss of €26,032.
Where can I find the annual accounts of Apotheek De Swaene?
Apotheek De Swaene filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Apotheek De Swaene due?
Apotheek De Swaene must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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