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FARMA KOERSEL

Active Public limited companyfounded 1994active for 32 yearsBredestraat 2, 3582 BeringenKBO/BCE: BE 0452.491.241 subsidiary of

Lifetime

20 annual accounts with figures on one time axis, 32 filings since 1994
peak €295,246 (2022)
€239,953▼ 13.5%
lowest -€193,002 (2012)
€206,147▲ 98.6%
peak €195,037 (2011)
€183,857▲ 0.2%
€1.4m▼ 22.0%
peak 1.3 FTE (2006)
0.1 FTEunchanged
Board2 names since 2012
2 directors and 1 other
Owners
100%
Documentsfilings and deeds
06-08-20266 days late
2025abbreviated format
Gross margin from €277,251 to €239,953Result from €103,821 to €206,147Debts from €1.9m to €1.4mCash from €27,092 to €111,575

Key points

from the 2025 annual accounts

Equity

€183,857 ▲ 0.2%

FARMA KOERSEL has made a profit without a break since 2013.

Result

€206,147 ▲ 98.6%
€104,0002024€206,0002025

The result rose in 2025 from €103,821 to €206,147.

Turnover

≈ €1.1m estimated

The accounts state no turnover.

Debts

€1.4m 89% of the balance sheet
Financial debts 57%Suppliers 22%Taxes and wages 0%Other 21%

Of this, €748,292 falls due within a year.

Filings

32 annual accounts since 1994
AprilJune31 JulyOctober200020102020

Seven of the last ten came late. The 2019 accounts came latest: 62 days after the end of the period.

Position in the sector

€206,147

Higher net result than 86% of companies in retail trade. Sector median €37,956 · 13,243 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,820 companies had the same profile as FARMA KOERSEL has now. Each dot stands for 10 companies, two years later.

95.1%
were still trading
3.8%
stopped another way
1.0%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,820 companies, not a prediction for FARMA KOERSEL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director,
Director, since 04-10-2012
  • 100%equity €1.2m (2025) · 30-06-2025 annual accounts of
Board & ownership

Recent changes

1 director appointed, 2 reappointments Reappointments: and · Permanent representative: · Appointment: (managing director) · General meeting of 01-09-2024 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0452491241
Purpose change “De exploitatie,huur en verhuur van één of meer apotheken; Het verzorgen van vervangingen van en voor één of…” (deed in Dutch) · General meeting of 12-05-2022 · Gazette deed
2 directors reappointed (managing director) and · Permanent representative: · General meeting of 04-10-2018 · Gazette deed
All 44 events

Comparable companies

same main activity, similar in size and age
Company
FARMA KOERSEL Beringen €1.6m €239,953 11.3% 0.1
APOTHEEK BORMANS BOVELINGEN Heers €1.3m €207,810 6.1% 0.2
APOTHEEK COSSEY-HOUSSIN Wevelgem €1.6m €253,087 21.7% 0
APOTHEEK BEELE-LAMOTE Wevelgem €1.4m €212,256 57.2% 0.2
FAMARO Tongeren-Borgloon €1.2m €190,250 89.3% 0
APOTHEEK VAN DAMME Bruges €1.6m €230,995 33.7% 0.3
DEN APOTHEKER Boutersem €1.7m €250,259 71.2% 0

These companies have the same main activity as FARMA KOERSEL: retail sale of pharmaceutical products (NACE 47730). They are comparable in size and age: total assets between €1.2m and €1.7m, founded between 1983 and 2004.

Official details

Source: KBO
Status
Active since 07-04-1994Normal situation
Activity
Retail sale of pharmaceutical productsNACE 47730
Establishment unit
2.066.911.0383582 Beringen, since 25-05-1994
Financial year end
31 December
Peppol
Reachable since 22-11-2023
Company details

Annual accounts 2025

€1.6m▼ 20.0%
Filing
Filed on 06-08-2026
Financials

Insights on FARMA KOERSEL

FARMA KOERSEL files the abbreviated format. That format states no turnover. The gross margin rose from €112,181 in 2006 to €239,953 in 2025.

holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FARMA KOERSEL

What is the company number of FARMA KOERSEL?
The company number of FARMA KOERSEL is 0452.491.241. The VAT number is the same number with BE in front: BE 0452.491.241.
Where is FARMA KOERSEL based?
The registered office is at Bredestraat 2, 3582 Beringen.Company details
What does FARMA KOERSEL do?
According to the KBO register, the main activity is retail sale of pharmaceutical products (NACE 47730).
What is the legal form of FARMA KOERSEL?
FARMA KOERSEL is a public limited company (NV).
When was FARMA KOERSEL founded?
FARMA KOERSEL was founded on 07-04-1994.
Is FARMA KOERSEL still active?
Yes, FARMA KOERSEL is an active enterprise in the KBO register.
How many employees does FARMA KOERSEL have?
FARMA KOERSEL had an average of 0.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FARMA KOERSEL?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €239,953 and 43 comparable companies (NACE 477). It probably lies between €740,000 and €2.4m.
Is FARMA KOERSEL profitable?
In financial year 2025, FARMA KOERSEL made a profit of €206,147.
Where can I find the annual accounts of FARMA KOERSEL?
FARMA KOERSEL filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FARMA KOERSEL due?
FARMA KOERSEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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