Equity
€193,666 =
APOTHEEK TRAP has made a profit in every financial year since 2006.
APOTHEEK TRAP
Lifetime
20 annual accounts with figures on one time axis, 23 filings since 2003peak €306,466 (2024)
€281,558▼ 8.1%
peak €160,179 (2014)
€33,857▼ 39.2%
peak €193,666 (2025)
€193,666unchanged
€284,006▲ 7.0%
peak 3.2 FTE (2024)
2.9 FTE▼ 9.4%
Board1 name since 2006
1 directorTRAP SERVICES BV
Owners
Documentsfilings and deeds
27-07-20264 days before the deadline
2025abbreviated format
Result from €55,661 to €33,857Staff from 3.2 FTE to 2.9 FTECash from €4,072 to €1,927
Key points
from the 2025 annual accountsChecked score
81
Excellent
Financially stronger than 43% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,280 companies (NACE 47, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.6%▼ -0.1 percentage points vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.7%▲ +0.1 percentage points vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.5%▼ -0.3 percentage points vs 07-2025lowest value
09-2025: 0.5%● unchanged vs 08-2025lowest value
10-2025: 0.5%● unchanged vs 09-2025lowest value
11-2025: 0.5%● unchanged vs 10-2025lowest value
12-2025: 0.5%● unchanged vs 11-2025lowest value
01-2026: 0.5%● unchanged vs 12-2025lowest value
02-2026: 0.5%● unchanged vs 01-2026lowest value
03-2026: 0.5%● unchanged vs 02-2026lowest value
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 1.57, cash €1,927, halved
Size: 2.9 FTE, total assets €477,672
Sector: Retail trade (NACE 47)
lowers risk
Founded in 2002
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 56% of them on solvency, 20% on liquidity, 58% on profitability and 39% on growth.
The bankruptcy probability was computed on 06-11-2026 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, 31,368 companies had the same profile as APOTHEEK TRAP has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of APOTHEEK TRAP itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 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 31,368 companies, not a prediction for APOTHEEK TRAP. 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 €15,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.57 (1.73 in 2024), above the usual 1.5. Short-term debt is 56.5% and cash 0.4% of total assets. However, 59.5% of the assets are financed with debt and provisions.
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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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 days early
2024
6 days early
2023
19 days early
2022
23 days late
2021
31 days late
2020
12 days late
2019
on the day
← 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 5 days after 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 27 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0478750527
First establishment
Kerkstraat 44, Dilbeek
Incorporation
published on 20-11-2002 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| APOTHEEK TRAP Dilbeek | €477,672 | €281,558 | 40.5% | 2.9 |
| NIVELPHARMA Nivelles | €440,169 | €278,623 | 14.6% | 2.8 |
| APOTHEEK MATTHIJS Huldenberg | €564,034 | €259,073 | 60.4% | 2.9 |
| PHARMACIE MATTERNE APOTHEEK Kraainem | €491,289 | €225,127 | 32.1% | 3 |
| APOTHEEK DERIDDER Halle | €488,451 | €309,100 | 56.8% | 2.3 |
| PHARMACIE LAPERCHE Evere | €485,699 | €330,897 | 42.7% | 2.7 |
| Pharmacie BARBAY Namur | €512,805 | €240,609 | 45.8% | 2.6 |
These companies have the same main activity as APOTHEEK TRAP: retail sale of pharmaceutical products (NACE 47730). They are comparable in size and age: total assets between €440,000 and €564,000, founded between 2001 and 2004.
Official details
Source: KBO- Status
- Active since 12-11-2002Normal situation
- Activity
- Retail sale of pharmaceutical productsNACE 47730
- Joint committee
- 313Pharmacies and pricing offices · annual accounts 2025
- Establishment unit
- 2.115.462.5081701 Dilbeek, since 30-12-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 07-11-2025
Annual accounts 2025
- €477,672▲ 4.0%
- Employeeson 31-12-2025
- 4=
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Insights on APOTHEEK TRAP
APOTHEEK TRAP files the abbreviated format. That format states no turnover. The gross margin rose from €207,243 in 2006 to €281,558 in 2025.
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 TRAP
- What is the company number of APOTHEEK TRAP?
- The company number of APOTHEEK TRAP is 0478.750.527. The VAT number is the same number with BE in front: BE 0478.750.527.
- Where is APOTHEEK TRAP based?
- The registered office is at Herdebeekstraat 119, 1701 Dilbeek.Company details
- What does APOTHEEK TRAP do?
- According to the KBO register, the main activity is retail sale of pharmaceutical products (NACE 47730).
- What is the legal form of APOTHEEK TRAP?
- APOTHEEK TRAP is a private limited company (pre-2019) (BVBA).
- When was APOTHEEK TRAP founded?
- APOTHEEK TRAP was founded on 12-11-2002.
- Is APOTHEEK TRAP still active?
- Yes, APOTHEEK TRAP is an active enterprise in the KBO register.
- How many employees does APOTHEEK TRAP have?
- APOTHEEK TRAP had an average of 2.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does APOTHEEK TRAP fall under?
- In its 2025 annual accounts, APOTHEEK TRAP states joint committee 313 (Pharmacies and pricing offices).
- What is the turnover of APOTHEEK TRAP?
- The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €281,558 and 47 comparable companies (NACE 477). It probably lies between €770,000 and €1.6m.
- Is APOTHEEK TRAP profitable?
- In financial year 2025, APOTHEEK TRAP made a profit of €33,857.
- Where can I find the annual accounts of APOTHEEK TRAP?
- APOTHEEK TRAP filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of APOTHEEK TRAP due?
- APOTHEEK TRAP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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