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Apotheek Varendries

Active
Private limited companyfounded 1989active for 37 yearsVarendrieskouter 153, 9031 Gent, BelgiumKBO/BCE: BE 0437.820.683
Summary

Apotheek Varendries has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €235,664 and a net result of €218,215. Equity has been stable since 2019 (±1.5% per year). Its solvency ranks better than 28% of 12,775 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 27-06-1989 Normal situation
Activity
Retail sale of pharmaceutical products NACE 47730
Joint committee
313 Paritair Comité voor de apotheken en tarificatiediensten · annual accounts 2025
Establishment unit
2.190.738.466 9031 Gent, since 27-06-1989
Financial year end
31 December
Peppol
Reachable since 08-05-2025

Board and ownership

Board
  • OllinvestDirector · since 01-01-2020 · permanent representative Diericx,Lien
  • RalinvestDirector · since 01-01-2020 · permanent representative Van der Maat,Oliver
Shareholders
  • Ollinvest2025 annual accounts of Ollinvest

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€474,113
▼ 28.3%
Turnover
≈ €1.7m
estimated
Profit
€218,215
▼ 49.3%
Equity
€235,664
▲ 0.7%
Total assets
€1.4m
▼ 1.4%
Employees on 31-12-2025
4
▲ 33.3%
Score breakdownraises riskEquity €235,664 (17.2% of total assets)Sector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 1.10, cash €330,478Size: 2.4 FTE, total assets €1.4mShow the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 51% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency 42=
equity 17.2% of total assets
Liquidity 47+11
short-term debt 63.1% · cash 24.1%
Profitability 89-11
return on assets 15.9%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.3%▲ +0.1 percentage points vs 01-2025 03-2025: 0.2%▼ -0.1 percentage points vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.3%▼ -0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.1 (1.1 in 2024), below the usual 1.5. Short-term debt is 63.1% and cash 24.1% of total assets. 82.8% 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 33% of them on solvency, 46% on liquidity, 84% on profitability and 42% on growth.

The bankruptcy probability was computed on 02-11-2026 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
raises risk · Equity €235,664 (17.2% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Liquidity: current ratio 1.10, cash €330,478
NBB · annual accounts
lowers risk · Size: 2.4 FTE, total assets €1.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
21 days early
2024
17 days early
2023
20 days early
2022
5 days early
2021
7 days late
2020
33 days early
2019
32 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 17 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 12 July (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 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 90% of companies in retail tradesector median €27,601 · 12,764 companies €218,215 View
  • Caution: Result fell in 2025from €430,107 to €218,215 ▼ 49.3% View
  • Positive: 7 profitable years in a rowprofit 2025: €218,215 7 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Resignations: Ralinvest (director) and Ollinvest (director)Reappointments: Ralinvest (director) and Ollinvest (director) · Permanent representatives: Van der Maat,Oliver and Diericx,Lien
  2. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as Apotheek Varendries: retail sale of pharmaceutical products (NACE 47730). They are comparable in size and age: total assets between €1.1m and €1.6m, founded between 1982 and 1990.

CompanyTotal assetsGross margin
Apotheek Varendries Gent€1.4m€0.5m
Apotheek VAN der ELST Filip Geraardsbergen€1.3m€0.5m
Apotheek De Wael Oosterzele€1.6m€0.4m
APOTHEEK SIMOENS R. Zottegem€1.1m€0.4m
Apotheek De Belie Gent€1.2m€0.5m
Apotheek Mertens Genk€1.4m€0.5m
APOTHEEK WOLFSDONK Aarschot€1.3m€0.5m
Full comparison

Key facts about Apotheek Varendries

What is the company number of Apotheek Varendries?
The company number of Apotheek Varendries is 0437.820.683. The VAT number is the same number with BE in front: BE 0437.820.683.
Where is Apotheek Varendries based?
The registered office is at Varendrieskouter 153, 9031 Gent.Company details
What does Apotheek Varendries do?
According to the KBO register, the main activity is retail sale of pharmaceutical products (NACE 47730).
What is the legal form of Apotheek Varendries?
The legal form of Apotheek Varendries is Private limited company (BV).
When was Apotheek Varendries founded?
Apotheek Varendries was founded on 27-06-1989.
Is Apotheek Varendries still active?
Yes, Apotheek Varendries is an active enterprise in the KBO register.
How many employees does Apotheek Varendries have?
Apotheek Varendries had an average of 2.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Apotheek Varendries fall under?
In its 2025 annual accounts, Apotheek Varendries states joint committee 313 (Paritair Comité voor de apotheken en tarificatiediensten).
What is the turnover of Apotheek Varendries?
The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €474,113 and 47 comparable companies (NACE 477). It probably lies between €1.3m and €2.8m.
Is Apotheek Varendries profitable?
In financial year 2025, Apotheek Varendries made a profit of €218,215.
Where can I find the annual accounts of Apotheek Varendries?
Apotheek Varendries filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Apotheek Varendries due?
Apotheek Varendries must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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