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APOTHEEK ORBIE

Active
Private limited companyfounded 1987active for 39 yearsLeopoldlaan 56, 8430 Middelkerke, BelgiumKBO/BCE: BE 0431.715.128

From the official registers: KBO 39 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

APOTHEEK ORBIE has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €511,966. Equity has been shrinking by about 4.3% per year since 2018. Its solvency ranks better than 80% of 12,757 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 07-08-1987 Normal situation
Activity
Retail sale of pharmaceutical products NACE 47730
Establishment unit
2.029.859.117 8430 Middelkerke, since 25-08-1987
Financial year end
31 December
Peppol
Reachable since 18-03-2024

Board and ownership

Board
  • NICOLAS ORBIE BVDirector · since 11-02-2015

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€869,320
▲ 2.4%
Turnover
≈ €3.2m
estimated
Profit
€511,966
▲ 4.1%
Equity
€1.2m
▼ 10.8%
Total assets
€1.8m
▼ 7.4%
Staff
5 FTE
▼ 13.8%
Filed on 08-09-2026, 39 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 39 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 2.90, cash €433,365Founded in 1987Equity €1.2m (68.0% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 68% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 93-3
equity 68.0% of total assets
Liquidity 67+6
short-term debt 31.7% · cash 24.4%
Profitability 100=
return on assets 28.8%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 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: 0.1% 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: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: < 0.1%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026highest value 10-2026: < 0.1%▼ -0.2 percentage points vs 09-2026
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.9 (2.72 in 2024), above the usual 1.5. Short-term debt is 31.7% and cash 24.4% of total assets. 32% 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 79% of them on solvency, 73% on liquidity, 96% on profitability and 26% 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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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.90, cash €433,365
NBB · annual accounts
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €1.2m (68.0% of total assets)
NBB · annual accounts
raises risk · Last filed accounts filed 39 days late; 1 of the last 3 accounts late
NBB · filings
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
39 days late
2024
85 days early
2023
133 days early
2022
87 days early
2021
145 days early
2020
129 days early
2019
86 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 89 days before 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 5 May (4 of the last 5 accounts filed within 58 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

  • Positive: Higher net result than 95% of companies in retail tradesector median €27,641 · 12,747 companies €511,966 View
  • Positive: 8 profitable years in a rowprofit 2025: €511,966 8 years View

Comparable companies

These companies have the same main activity as APOTHEEK ORBIE: retail sale of pharmaceutical products (NACE 47730). They are comparable in size and age: total assets between €1.6m and €2m, founded between 1981 and 1988.

CompanyTotal assetsGross margin
APOTHEEK ORBIE Middelkerke€1.8m€0.9m
LA PHARMACIE DE VRIESE Nivelles€1.8m€0.8m
GOESSAERT Zulte€2.0m€0.8m
APOTEEK GOOSSENS Wemmel€1.6m€0.8m
Pharmacie RONDELET Ouffet€1.8m€0.8m
APOTHEEK VAN LAETHEM Ronse€1.8m€0.9m
Apotheek Matton Brussel€1.9m€0.7m
Full comparison

Documents

Annual accounts at the NBB

All 39 annual accounts

Articles and registers

Key facts about APOTHEEK ORBIE

What is the company number of APOTHEEK ORBIE?
The company number of APOTHEEK ORBIE is 0431.715.128. The VAT number is the same number with BE in front: BE 0431.715.128.
Where is APOTHEEK ORBIE based?
The registered office is at Leopoldlaan 56, 8430 Middelkerke.Company details
What does APOTHEEK ORBIE do?
According to the KBO register, the main activity is retail sale of pharmaceutical products (NACE 47730).
What is the legal form of APOTHEEK ORBIE?
The legal form of APOTHEEK ORBIE is Private limited company (BV).
When was APOTHEEK ORBIE founded?
APOTHEEK ORBIE was founded on 07-08-1987.
Is APOTHEEK ORBIE still active?
Yes, APOTHEEK ORBIE is an active enterprise in the KBO register.
How many employees does APOTHEEK ORBIE have?
APOTHEEK ORBIE had an average of 5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of APOTHEEK ORBIE?
The turnover in financial year 2025 is ≈ €3.2m. This figure is estimated from the gross margin of €869,320 and 47 comparable companies (NACE 477). It probably lies between €2.5m and €5.2m.
Is APOTHEEK ORBIE profitable?
In financial year 2025, APOTHEEK ORBIE made a profit of €511,966.
Where can I find the annual accounts of APOTHEEK ORBIE?
APOTHEEK ORBIE filed 39 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 ORBIE due?
APOTHEEK ORBIE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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