De Baere OLV
ActiveThe computed 12-month bankruptcy probability of De Baere OLV is 2.2% (moderate). The 2024 annual accounts show equity of €91k and a net result of €47k. Its solvency ranks better than 47% of 26056 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
91
/ 100
Excellent▲ +28 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency67▲+37
Growth78
Stability94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.01 against 1.41 in 2023), but 71.2% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
77 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€91k▲ 108%
2023 · €44k
2023: €44k
2023 → 2024
Total assets
€316k▲ 9.1%
2023 · €289k
2023: €289k
2023 → 2024
Net result
€47k▲ 151%
2023 · €19k
2023: €19k
2023 → 2024
Working capital
€113k▲ 129%
2023 · €50k
2023: €50k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€44k-€91k▲ 108%
Operating result€43k-€77k▲ 78.5%
Net result€19k-€47k▲ 151%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 78% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €316k
Fixed assets
€90k▼ 25.0%
Current assets
€226k▲ 33.3%
Equity and liabilities €316k
Equity
€91k▲ 108%
Debt
€225k▼ 8.5%
The debt ratio falls from 84.9% to 71.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€107k▲
2023 · €73k
Cash flow
€77k▲
2023 · €49k
Solvency
28.8%▲
2023 · 15.1%
Current ratio
2.01▲
2023 · 1.41
Quick ratio
1.34▲
2023 · 0.86
Debt / equity
2.47▼
2023 · 5.61
ROE
51.9%▲
2023 · 42.9%
ROA
14.9%▲
2023 · 6.5%
Interest coverage
6.71▲
2023 · 4.18
Debt
€225k▼
2023 · €245k
Debt ≤ 1 year
€112k▼
2023 · €120k
Debt > 1 year
€112k▼
2023 · €126k
Income taxes
€17k▲
2023 · €7k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€289k€316k▲
Fixed assets21/28€120k€90k▼
Intangible fixed assets21€80k€60k▼
Tangible fixed assets22/27€40k€30k▼
Plant, machinery and equipment23€40k€30k▼
Current assets29/58€169k€226k▲
Stocks and contracts in progress3€67k€75k▲
Stocks30/36€67k€75k▲
Amounts receivable within one year40/41€46k€57k▲
Trade receivables40€42k€57k▲
Other amounts receivable41€4k-
Cash at bank and in hand54/58€54k€94k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€289k€316k▲
Equity10/15€44k€91k▲
Contributions10/11€25k€25k=
Reserves13€17k€62k▲
Distributable reserves133€17k€62k▲
Profit (loss) carried forward14€2k€4k▲
Amounts payable17/49€245k€225k▼
Amounts payable after more than one year17€126k€112k▼
Financial debts170/4€126k€112k▼
Amounts payable within one year42/48€120k€112k▼
Current portion of amounts payable after more than one year42€13k€13k▲
Trade debts44€97k€66k▼
Suppliers440/4€97k€66k▼
Taxes, remuneration and social security45€10k€27k▲
Taxes450/3€8k€27k▲
Remuneration and social security454/9€2k-
Other amounts payable47/48-€6k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€30k=
Other operating charges640/8€732€393▼
Gross operating margin9900€74k€108k▲
Operating profit (loss)9901€43k€77k▲
Financial income75/76B-€3k
Recurring financial income75-€3k
Financial charges65/66B€18k€16k▼
Recurring financial charges65€18k€16k▼
Profit (loss) for the period before taxes9903€26k€65k▲
Income taxes67/77€7k€17k▲
Profit (loss) for the period9904€19k€47k▲
Profit (loss) for the period to be appropriated9905€19k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€49k▲
Profit (loss) brought forward from the previous period14P-€2k
Transfer to equity691/2€17k€45k▲
To other reserves6921€17k€45k▲
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
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Roosdaal · 1 establishment unit since 2023
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.
Koning Albertstraat 451760 RoosdaalGround area
2,599 m²
Building footprint
188 m²
Volume, LiDAR
915 m³
Parcel 23723B0012/00C000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Apotheek De Baere OLV
since 20232.352.608.108
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23723B0012/00C000 | Flanders | 2,599 m² | 1 · 188 m² | 7.3 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.
Similar companies · same sector, comparable size
Apotheek Van Wambeke
BE 0886.144.488
Temse · Eq €91k
APOTHEEK DE NEVE
BE 0448.332.614
Heusden-Zolder · Eq €91k
APOTHEEK DIRKS
BE 0423.366.990
Beveren-Kruibeke-Zwijndrecht · Eq €91k
Pharmacie des Citronniers
BE 0430.148.676
Brussel · Eq €91k
CURASAN
BE 0752.980.415
Zwalm · Eq €91k
Of 5,209 companies in sector 47730 we hold annual accounts for 3,851. 3,345 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-11-2022
Fiscal year end31-12
Activities, NACEBEL
47730Retail sale of pharmaceutical products
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.