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Apotheek Martens

Active
Private limited companyfounded 1974active for 52 yearsSt.-Truidersteenweg 465, 3840 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0413.904.542
Summary

Apotheek Martens has been active since 1974 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €485,964 and a net result of €10,059. Equity is growing by about 9.3% per year across the filed financial years. Its solvency ranks better than 37% of 12,737 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisFollow ReportCompare
Apotheek MartensActiveChecked score 67/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of pharmaceutical products
NACE 47730
5th oldest company in Tongeren-Borgloon, Wholesale and retail trade sector1 site
Size
≈ €1.8mturnover 2025, estimated
Staff
6.5 FTE
Equity
€485,964
Profit
€10,059
Turnover estimated from the gross margin
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Parent
VP Invest · 100%
  • VP InvestDirector · permanent representative VERHEYEN Lieven Maria Guido Henri
2025 accounts 30 days early2 of 6 deeds summarised
Why 67raises riskLiquidity: current ratio 1.54, cash €116,034, halvedSector: Retail trade (NACE 47)Equity €485,964 (25.3% of total assets)Profit of €10,059 (financial year 2025)Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 38% of its sector peers (NACE 47, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 50-7
equity 25.3% of total assets
Liquidity 34-13
short-term debt 47.6% · cash 6.0%
Profitability 46-45
return on assets 0.5%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,268 companies, NACE 47, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.1%▼ -0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.8%▲ +0.7 percentage points vs 03-2026highest value 05-2026: 0.8%● unchanged vs 04-2026highest value 06-2026: 0.8%● unchanged vs 05-2026highest value 07-2026: 0.8%● unchanged vs 06-2026highest value 08-2026: 0.8%● unchanged vs 07-2026highest value 09-2026: 0.8%● unchanged vs 08-2026highest value 10-2026: 0.8%● unchanged vs 09-2026highest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.54, compared with 1.59 in 2024, above the usual 1.5; short-term debt: 47.6% and cash: 6% of total assets), but 74.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 41% on solvency, 31% on liquidity, 34% on profitability and 46% on growth.

The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises riskneutral
raises risk · Liquidity: current ratio 1.54, cash €116,034, halved
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Equity €485,964 (25.3% of total assets)
NBB · annual accounts
raises risk · Profit of €10,059 (financial year 2025)
NBB · annual accounts
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 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
1 day early
2023
32 days early
2022
38 days early
2021
30 days early
2020
51 days early
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 31 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end31-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Permanent representatives: Serge Premer and Lieven…Gazette deed
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Weakest financial yearnet €10,059 ▼96.3%

Key points

  • Caution: Result fell in 2025from €269,952 to €10,059 ▼ 96.3% View
  • Positive: 5th oldest company in Tongeren-Borgloon, Wholesale and retail trade sectorin the Checked rankings No. 5 View
  • Positive: Filed on time since financial year 2017accounts within the deadline every year 8 years View
  • Controlled by VP Invest 100% View
  • Positive: 7 profitable years in a rowprofit 2025: €10,059 7 years View
  • Active since 1974founded 01-01-1974 52 years View

By topic

Financials

Financial year
2025
Total assets
€1.9m
Profit
€10,059
Solvency
25.3%
Total assets▲ 28.4%
Net result
20192025
Go to Financials

Timeline

Events
51
Since
1978
Next accounts
by 30-04-2027
  1. 29-04-2025Annual accounts filed
  2. 29-03-2024Annual accounts filed
  3. 25-04-2023Resignation: VP INVEST (manager)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of pharmaceutical productsNACE 47730
Founded
01-01-1974
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Apotheek Martens

What is the company number of Apotheek Martens?
0413.904.542. In Belgium the VAT number is the company number with BE in front: BE 0413.904.542.
Where is Apotheek Martens based?
The registered office is at St.-Truidersteenweg 465, 3840 Tongeren-Borgloon.Company details
What does Apotheek Martens do?
According to the KBO register, the main activity is retail sale of pharmaceutical products (NACE 47730).
What is the legal form of Apotheek Martens?
Private limited company (BV).
When was Apotheek Martens founded?
On 01-01-1974.
Is Apotheek Martens still active?
Yes, Apotheek Martens is an active enterprise in the KBO register.
How many employees does Apotheek Martens have?
On average 6.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Apotheek Martens?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Apotheek Martens profitable?
In financial year 2025, Apotheek Martens made a profit of €10,059.
Where can I find the annual accounts of Apotheek Martens?
Apotheek Martens filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Apotheek Martens due?
By 30-04-2027, for financial year 2026.Timeline

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