Apotheek Tack
ActiveSummary
Apotheek Tack has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €483k and a net result of €65k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 59% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▲+4
Solvency71▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 2.05 in 2024; short-term debt: 34.2% and cash: 22.8% of total assets), but 54.3% 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
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 →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.7%
Return on assets
6.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2024
30 d late
2023
30 d late
2022
66 d late
2021
78 d late
2020
88 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€483k▲ 0.1%
2024 · €483k
2018: €245k
2019: €291k
2020: €349k
2021: €405k
2022: €482k
2023: €533k
2024: €483k
2018 → 2025
Total assets
€1.06M▼ 7.7%
2024 · €1.15M
2018: €1.12M
2019: €1.05M
2020: €1.05M
2021: €1.04M
2022: €1.04M
2023: €1.07M
2024: €1.15M
2018 → 2025
Net result
€65k▲ 62.9%
2024 · €40k
2018: €-56k
2019: €45k
2020: €58k
2021: €56k
2022: €77k
2023: €51k
2024: €40k
2018 → 2025
Working capital
€398k▼ 5.4%
2024 · €421k
2018: €106k
2019: €202k
2020: €290k
2021: €353k
2022: €420k
2023: €487k
2024: €421k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€405k-€482k▲ 19.0%€533k▲ 10.6%€483k▼ 9.4%€483k▲ 0.1%
Operating result€45k-€71k▲ 55.9%€80k▲ 12.7%€98k▲ 22.4%€120k▲ 22.2%
Net result€56k-€77k▲ 37.2%€51k▼ 33.5%€40k▼ 21.7%€65k▲ 62.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 22% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.06M
Fixed assets
€298k ▼ 8.1%
Current assets
€760k ▼ 7.6%
Equity and liabilities €1.06M
Equity
€483k ▲ 0.1%
Debt
€575k ▼ 13.4%
Debt's share of the balance-sheet total falls from 57.9% to 54.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€146k▼
2024 · €156k
Cash flow
€92k▼
2024 · €98k
Current ratio
2.10▲
2024 · 2.05
Quick ratio
1.30▼
2024 · 1.35
Debt to equity
1.19▼
2024 · 1.37
ROE
13.5%▲
2024 · 8.3%
ROA
6.2%▲
2024 · 3.5%
Interest coverage
3.30▲
2024 · 3.26
Debt ≤ 1 year
€362k▼
2024 · €401k
Debt > 1 year
€209k▼
2024 · €261k
Income taxes
€19k▲
2024 · €13k
Staff costs
€109k▲
2024 · €89k
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.15M€1.06M▼
Fixed assets21/28€325k€298k▼
Tangible fixed assets22/27€325k€298k▼
Land and buildings22€294k€275k▼
Plant, machinery and equipment23€6k€3k▼
Furniture and vehicles24€24k€20k▼
Current assets29/58€822k€760k▼
Stocks and contracts in progress3€281k€290k▲
Stocks30/36€281k€290k▲
Amounts receivable within one year40/41€174k€149k▼
Trade receivables40€147k€135k▼
Other amounts receivable41€28k€13k▼
Current investments50/53€75k€75k=
Cash at bank and in hand54/58€285k€241k▼
Deferred charges and accrued income490/1€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€1.15M€1.06M▼
Equity10/15€483k€483k▲
Contributions10/11€200k€200k=
Reserves13€283k€283k▲
Distributable reserves133€283k€283k▲
Amounts payable17/49€664k€575k▼
Amounts payable after more than one year17€261k€209k▼
Financial debts170/4€261k€209k▼
Amounts payable within one year42/48€401k€362k▼
Current portion of amounts payable after more than one year42€51k€51k▲
Trade debts44€219k€109k▼
Suppliers440/4€219k€109k▼
Taxes, remuneration and social security45€16k€19k▲
Remuneration and social security454/9€16k€19k▲
Other amounts payable47/48€115k€182k▲
Accrued charges and deferred income492/3€2k€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€89k€109k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€26k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€249k€259k▲
Operating profit (loss)9901€98k€120k▲
Financial income75/76B€4k€9k▲
Recurring financial income75€4k€9k▲
Financial charges65/66B€48k€44k▼
Recurring financial charges65€48k€44k▼
Profit (loss) for the period before taxes9903€54k€84k▲
Income taxes67/77€13k€19k▲
Profit (loss) for the period9904€40k€65k▲
Profit (loss) for the period to be appropriated9905€40k€65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€40k€65k▲
Transfer from equity791/2€50k-
Transfer to equity691/2-€284
To other reserves6921-€284
Profit to be distributed694/7€90k€65k▼
Return on contributions (dividend)694€90k€45k▼
Directors or managers695-€20k
Social balance
Average headcount (FTE)90871.71.6▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Equity above €500kEq €533k ▲10.6%
5 profitable years in a row build equity to €533k.
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 66 days late
2022
31-12
Financial
Highest result since 2018net €77k ▲37.2%
Net result €77k, the highest in the series.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 78 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 88 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
31-12
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
01-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 62 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 55 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Ledegem · 1 establishment unit since 2006
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.
Papestraat 28880 LedegemGround area
1,401 m²
Building footprint
354 m²
Volume, LiDAR
256 m³
Parcel 36010C1059/00A000, Flanders · tallest building 3.1 m. Linked by address, not a title deed.
1 establishment unit
Apotheek Tack-Ghesquière BVBA
since 20062.151.521.861
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36010C1059/00A000 | Flanders | 1,401 m² | 1 · 354 m² | 3.1 m |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLedegem2.151.521.861
Similar companies · same sector, comparable size
PHARMACIE LAMBERT
BE 0862.629.215
Liège · Eq €482,808
Apotheek D'haen
BE 0449.710.509
Zottegem · Eq €483,738
APOTHEEK CLAUS
BE 0441.794.319
Eeklo · Eq €482,576
PHARMACIE DE GIVRY
BE 0897.812.697
Quévy · Eq €483,944
Apotheek De Wachter
BE 0899.752.895
Lede · Eq €484,457
Of 5,220 companies in sector 47730 we hold annual accounts for 3,861. 3,370 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 formPrivate limited company
Founded26-01-2006
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.