Apotheek Vanhoutte
ActiveApotheek Vanhoutte has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €236k and a net result of €47k. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 86% of 907 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+94
Solvency100=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 5.91 against 4.33 in 2024), and 16.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
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
83.1%
Return on assets
16.4%
Age of the figures
8 mo
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 28-04-2026, 94 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
94 d early
2024
14 d early
2023
12 d early
2022
33 d early
2021
32 d early
2020
30 d early
2019
28 d late
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€236k▲ 0.7%
2024 · €234k
2018: €298k
2019: €311k
2020: €325k
2021: €247k
2022: €218k
2023: €232k
2024: €234k
2018 → 2025
Total assets
€283k▼ 6.7%
2024 · €304k
2018: €428k
2019: €443k
2020: €365k
2021: €288k
2022: €317k
2023: €279k
2024: €304k
2018 → 2025
Net result
€47k▲ 1,930%
2024 · €2k
2018: €8k
2019: €13k
2020: €14k
2021: €17k
2022: €23k
2023: €16k
2024: €2k
2018 → 2025
Working capital
€235k▲ 1.1%
2024 · €232k
2018: €292k
2019: €311k
2020: €322k
2021: €240k
2022: €213k
2023: €229k
2024: €232k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€247k-€218k▼ 11.7%€232k▲ 6.4%€234k▲ 1.0%€236k▲ 0.7%
Operating result€22k-€29k▲ 30.8%€22k▼ 25.6%€3k▼ 88.1%€40k▲ 1,453%
Net result€17k-€23k▲ 30.0%€16k▼ 27.1%€2k▼ 86.0%€47k▲ 1,930%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,453% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €283k
Fixed assets
€642▼ 63.2%
Current assets
€283k▼ 6.4%
Equity and liabilities €283k
Equity
€236k▲ 0.7%
Debt
€48k▼ 31.4%
The debt ratio falls from 23.0% to 16.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€41k▲
2024 · €4k
Cash flow
€48k▲
2024 · €3k
Solvency
83.1%▲
2024 · 77.0%
Current ratio
5.91▲
2024 · 4.33
Quick ratio
5.91▲
2024 · 3.30
Debt / equity
0.20▼
2024 · 0.30
ROE
19.8%▲
2024 · 1.0%
ROA
16.4%▲
2024 · 0.8%
Interest coverage
1020.02▼
2024 · 1757.31
Debt
€48k▼
2024 · €70k
Debt ≤ 1 year
€48k▼
2024 · €70k
Income taxes
€517▼
2024 · €628
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€304k€283k▼
Fixed assets21/28€2k€642▼
Tangible fixed assets22/27€2k€642▼
Land and buildings22€2k€642▼
Plant, machinery and equipment23€0-
Current assets29/58€302k€283k▼
Stocks and contracts in progress3€72k€0▼
Stocks30/36€72k€0▼
Amounts receivable within one year40/41€97k€232k▲
Trade receivables40€70k€0▼
Other amounts receivable41€27k€232k▲
Current investments50/53€17k€17k▲
Cash at bank and in hand54/58€115k€34k▼
Deferred charges and accrued income490/1€1k€0▼
Equity and liabilities
Total equity and liabilities10/49€304k€283k▼
Equity10/15€234k€236k▲
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€172k€173k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€165k€167k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€70k€48k▼
Amounts payable within one year42/48€70k€48k▼
Trade debts44€68k€374▼
Suppliers440/4€68k€374▼
Taxes, remuneration and social security45€9€3k▲
Taxes450/3€9€3k▲
Other amounts payable47/48€1k€45k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€1k€528▼
Gross operating margin9900€5k€42k▲
Operating profit (loss)9901€3k€40k▲
Financial income75/76B€333€7k▲
Recurring financial income75€333€7k▲
Financial charges65/66B€2€41▲
Recurring financial charges65€2€41▲
Profit (loss) for the period before taxes9903€3k€47k▲
Income taxes67/77€628€517▼
Profit (loss) for the period9904€2k€47k▲
Profit (loss) for the period to be appropriated9905€2k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€47k▲
Transfer to equity691/2€2k€2k▼
To other reserves6921€2k€2k▼
Profit to be distributed694/7€0€45k▲
Return on contributions (dividend)694€0-
Directors or managers695-€45k
The notes to these accounts (5 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
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €47k ▲1930%
Operating result €40k, net result €47k, both a record.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €2k ▼86%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity triplescurrent ratio 8.97
Current ratio from 3.35 to 8.97; short-term debt falls from €132k to €40k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Kortrijk · 1 establishment unit since 1989
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.
Bellegemsestraat(Bel) 418510 KortrijkGround area
785 m²
Building footprint
199 m²
Volume, LiDAR
1,100 m³
Parcel 34005C0309/00V000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bellegemsestraat(Bel) 41, 8510 Kortrijk
since 19892.042.325.892
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34005C0309/00V000 | Flanders | 785 m² | 1 · 199 m² | 8.5 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortrijk2.042.325.892
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Of 419 companies in sector 77400 we hold annual accounts for 150. 100 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-02-1989
Fiscal year end31-12
Activities, NACEBEL
77400Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.