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COOP-APOTHEKEN

Active
Cooperative companyfounded 1981active for 45 yearsNieuwevaart 151, 9000 Gent, BelgiumKBO/BCE: BE 0421.598.226
Summary

COOP-APOTHEKEN has been active since 1981 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.9m and a net result of €372,626. Equity remains stable across the filed financial years (±1.9% per year). Its solvency ranks better than 56% of 5,007 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
COOP-APOTHEKENActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of pharmaceutical products
NACE 47730
4th largest employer in Ghent, Wholesale and retail trade sector43 sites
Size
€85.3mturnover 2025
Staff
227.1 FTE
Equity
€12.9m
Profit
€372,626
Net result +251%: merger
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Largest shareholder
VOORUIT NR. 1 · 47.98%
Auditor: CV Auditas BedrijfsrevisorenAccounts 28 days early7 of 35 deeds read
Why 95raises riskSector: Retail trade (NACE 47)lowers riskFounded in 1981Size: turnover €85.3m, 227.1 FTE, total assets €31.2mLiquidity: current ratio 1.52, cash €4.1mShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 62% of its sector peers (NACE 47, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 66-1
equity 41.4% of total assets
Liquidity 51+7
short-term debt 35.4% · cash 13.3%
Profitability 57+1
return on assets 1.2%
Bankruptcy probability, 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 0.5% (383 companies, NACE 47, medium-sized)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.4 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €1,200,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.52, compared with 1.4 in 2024, above the usual 1.5; short-term debt: 35.4% and cash: 13.3% of total assets), but 58.6% 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, medium-sized): better than 68% on solvency, 73% on liquidity, 47% on profitability and 58% on growth.

The bankruptcy probability was computed on 23-10-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1981
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: turnover €85.3m, 227.1 FTE, total assets €31.2m
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
lowers risk · Liquidity: current ratio 1.52, cash €4.1m
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2024
17 days early
2023
19 days early
2022
24 days early
2021
31 days late
2020
31 days early
2019
21 days early
← 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 16 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 13 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. RestructuringAppointments: De Laender Eveline (managing…
  2. Annual accounts filedfinancial year 2025 · full…
  3. RestructuringMerger · Incorporation · Accounting…

Key points

  • Result rose in 2025merger with Tanghe-De Clercq ▲ 251% View
  • Positive: Among the best 5% on equitysector median €448,423 · 5,008 companies €12.9m View
  • Positive: 7 years of growth in a rowturnover 2025: €85.3m 7 years View
  • 4 restructurings since 2024latest: merger with Apotheek Bergendries 4 View
  • Board changedlatest change 11-08-2026 · 2 in office 2 joined · 1 left View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
  • Active since 1981founded 21-05-1981 45 years View

By topic

Financials

Financial year
2025
Turnover
€85.3m
Profit
€372,626
Solvency
41.4%
Turnover▲ 7.5%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Largest shareholder
VOORUIT NR. 1 · 47.98%
Auditor
CV Auditas Bedrijfsrevisoren
  • Wouter VermeylenChair
  • Alain ClauwaertDirector
Go to Board & ownership

Timeline

Events
56
Since
1983
Next accounts
by 31-07-2027
  1. 03-09-2025Resignation: Marc Standaert (director)
  2. 14-07-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
43
Legal form
Cooperative company
Activity
Retail sale of pharmaceutical productsNACE 47730
Founded
21-05-1981
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
3
Purpose
“Het bewerkstellingen van solidariteit in het algemeen en meer bepaald in de…” (deed in Dutch)
Go to Articles of association

Key facts about COOP-APOTHEKEN

What is the company number of COOP-APOTHEKEN?
0421.598.226. In Belgium the VAT number is the company number with BE in front: BE 0421.598.226.
Where is COOP-APOTHEKEN based?
The registered office is at Nieuwevaart 151, 9000 Gent.Company details
What does COOP-APOTHEKEN do?
According to the KBO register, the main activity is retail sale of pharmaceutical products (NACE 47730).
What is the legal form of COOP-APOTHEKEN?
Cooperative company (CV).
When was COOP-APOTHEKEN founded?
On 21-05-1981.
Is COOP-APOTHEKEN still active?
Yes, COOP-APOTHEKEN is an active enterprise in the KBO register.
How many employees does COOP-APOTHEKEN have?
On average 227.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of COOP-APOTHEKEN?
€85.3m in financial year 2025, according to the filed annual accounts.
Is COOP-APOTHEKEN profitable?
In financial year 2025, COOP-APOTHEKEN made a profit of €372,626.
Where can I find the annual accounts of COOP-APOTHEKEN?
COOP-APOTHEKEN filed 44 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of COOP-APOTHEKEN due?
By 31-07-2027, for financial year 2026.Timeline

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