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Apotheek Muide

Active
Private limited companyfounded 2006active for 20 yearsMeulesteedsesteenweg 7, 9000 Gent, BelgiumKBO/BCE: BE 0883.798.870
Summary

Apotheek Muide has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €292,433 and a net result of -€18,470. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 32% of 12,678 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
Apotheek MuideActiveChecked score 85/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of pharmaceutical products
NACE 47730
1 site
Size
€1.4mtotal assets 2025
Equity
€292,433
Loss
-€18,470
Turnover not published (abbreviated format)
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Holdings
1
  • FRAPEJA INVESTDirector · permanent representative Van Gansbeke,Steven
2025 accounts 56 days early3 of 4 deeds summarised
Why 85raises riskSector: Retail trade (NACE 47)Liquidity: current ratio 0.82, cash €8,467, halvedlowers riskSize: total assets €1.4mFounded in 2006Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 38% of its sector peers (NACE 47, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 46=
equity 20.8% of total assets
Liquidity 42+2
short-term debt 24.5% · cash 0.6%
Profitability 67-1
return on assets -1.3%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,246 companies, NACE 47, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.3%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €24,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.82, compared with 0.62 in 2024, below 1; short-term debt: 24.5% and cash: 0.6% of total assets), and 79.2% 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 37% on solvency, 40% on liquidity, 47% on profitability and 30% on growth.

The bankruptcy probability was computed on 26-10-2026 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

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Liquidity: current ratio 0.82, cash €8,467, halved
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€18,470
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
56 days early
2024
66 days early
2023
14 days early
2022
117 days early
2021
3 days early
2020
16 days late
2019
101 days late
← 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 20 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 June (4 of the last 5 filed years within 53 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Caution: Among the weakest 15% on net resultsector median €27,728 · 12,668 companies -€18,470 View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€18,470 View
  • Merger with Apotheek Van Gansbeke-Gentmerger on 10-05-2024 2024 View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Total assets
€1.4m
Loss
-€18,470
Solvency
20.8%
Total assets▼ 5.5%
Net result
20182025
Go to Financials

Network & group

Holdings
1
Connected companies
2
Mergers and asset contributions
1

1 holding

Go to Network & group

Timeline

Events
24
Since
2008
Next accounts
by 31-07-2027
  1. 10-05-2024Capital & shares · Amendment of the…
  2. 30-01-2024Restructuring · Miscellaneous
  3. 17-10-2023Miscellaneous
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of pharmaceutical productsNACE 47730
Founded
26-09-2006
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
13
Who signs
Each director alone
Purpose
“A)het oprichten,overnemen en uitbaten van apotheken,aankoop en verkoop,in-en…” (deed in Dutch)
Go to Articles of association

Key facts about Apotheek Muide

What is the company number of Apotheek Muide?
0883.798.870. In Belgium the VAT number is the company number with BE in front: BE 0883.798.870.
Where is Apotheek Muide based?
The registered office is at Meulesteedsesteenweg 7, 9000 Gent.Company details
What does Apotheek Muide do?
According to the KBO register, the main activity is retail sale of pharmaceutical products (NACE 47730).
What is the legal form of Apotheek Muide?
Private limited company (BV).
When was Apotheek Muide founded?
On 26-09-2006.
Is Apotheek Muide still active?
Yes, Apotheek Muide is an active enterprise in the KBO register.
How many employees does Apotheek Muide have?
On average 0.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Apotheek Muide?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Apotheek Muide profitable?
In financial year 2025, Apotheek Muide made a loss of €18,470.
Where can I find the annual accounts of Apotheek Muide?
Apotheek Muide filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Apotheek Muide due?
By 31-07-2027, for financial year 2026.Timeline

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Subsidiaries and holdings

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