Equity
€143,537 ▼ 0.8%
APOTHEEK FRANSEN paid out €123,000 in dividends. That is 101% of the 2025 profit.
APOTHEEK FRANSEN
Lifetime
20 annual accounts with figures on one time axis, 40 filings since 1986peak €168,668 (2025)
€168,668▲ 9.2%
lowest -€10,628 (2006)
€121,876▲ 13.0%
peak €202,831 (2010)
€143,537▼ 0.8%
€338,532▲ 31.9%
peak 0.3 FTE (2006)
-not published
Board1 name since 2021
1 directorW&KO BV
Owners
Documentsfilings and deeds
02-07-202629 days before the deadline
2025abbreviated format
Dividend €123,000Debts from €256,562 to €338,532
Key points
from the 2025 annual accountsChecked score
95
Excellent
Financially stronger than 62% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
lowers risk
Liquidity: current ratio 1.40, cash €232,747
Founded in 1985
Size: total assets €482,068
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 45% of them on solvency, 69% on liquidity, 96% on profitability and 37% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,613 companies had the same profile as APOTHEEK FRANSEN has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
2.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of APOTHEEK FRANSEN itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,613 companies, not a prediction for APOTHEEK FRANSEN. 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
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.4 (1.53 in 2024), below the usual 1.5. Short-term debt is 70.2% and cash 48.3% of total assets. 70.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 days early
2024
28 days early
2023
33 days early
2022
31 days early
2021
25 days early
2020
32 days early
2019
29 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 30 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 2 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0428233422
Company renamed from APOTEEK FRANSEN to APOTHEEK FRANSEN
Gazette deed
First establishment
Kapellei 2, Zoersel
Incorporation
published on 30-01-1986 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| APOTHEEK FRANSEN Zoersel | €482,068 | €168,668 | 29.8% | - |
| Apotheek Jonkers Ilse Balen | €525,702 | €179,957 | 30.3% | 1.7 |
| Apotheek Generaal Antwerp | €453,148 | €191,235 | 39.2% | 2 |
| MEDIFAR Izegem | €490,803 | €176,068 | 71.7% | 1 |
| PHARMACIE LERNOUX Oupeye | €453,327 | €168,750 | 86.9% | - |
| PHARMAPRODUCTS Heusden-Zolder | €501,031 | €178,003 | 38.7% | 1.5 |
| Apotheek Greet Vanmeirhaeghe Oudenaarde Oudenaarde | €506,287 | €157,125 | 33.4% | - |
These companies have the same main activity as APOTHEEK FRANSEN: retail sale of pharmaceutical products (NACE 47730). They are comparable in size and age: total assets between €453,000 and €526,000, founded between 1983 and 1987.
Official details
Source: KBO- Status
- Active since 30-12-1985Normal situation
- Activity
- Retail sale of pharmaceutical productsNACE 47730
- Establishment unit
- 2.028.760.2452980 Zoersel, since 01-01-1986
- Financial year end
- 31 December
- Peppol
- Reachable since 20-12-2024
Annual accounts 2025
- ≈ €790,000estimated
- €482,068▲ 20.1%
- Filing
- Filed on 02-07-2026, 29 days before the end of the filing period
Insights on APOTHEEK FRANSEN
APOTHEEK FRANSEN files the abbreviated format. That format states no turnover. The gross margin rose from €61,387 in 2006 to €168,668 in 2025.
W&Ko 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 APOTHEEK FRANSEN
- What is the company number of APOTHEEK FRANSEN?
- The company number of APOTHEEK FRANSEN is 0428.233.422. The VAT number is the same number with BE in front: BE 0428.233.422.
- Where is APOTHEEK FRANSEN based?
- The registered office is at Kapellei 2, 2980 Zoersel.Company details
- What does APOTHEEK FRANSEN do?
- According to the KBO register, the main activity is retail sale of pharmaceutical products (NACE 47730).
- What is the legal form of APOTHEEK FRANSEN?
- APOTHEEK FRANSEN is a private limited company (BV).
- When was APOTHEEK FRANSEN founded?
- APOTHEEK FRANSEN was founded on 30-12-1985.
- Is APOTHEEK FRANSEN still active?
- Yes, APOTHEEK FRANSEN is an active enterprise in the KBO register.
- How many employees does APOTHEEK FRANSEN have?
- APOTHEEK FRANSEN had an average of 0.2 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of APOTHEEK FRANSEN?
- The turnover in financial year 2025 is ≈ €790,000. This figure is estimated from the gross margin of €168,668 and 51 comparable companies (NACE 477). It probably lies between €530,000 and €1.5m.
- Is APOTHEEK FRANSEN profitable?
- In financial year 2025, APOTHEEK FRANSEN made a profit of €121,876.
- Where can I find the annual accounts of APOTHEEK FRANSEN?
- APOTHEEK FRANSEN filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of APOTHEEK FRANSEN due?
- APOTHEEK FRANSEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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