Walemapotheek
ActiveSummary
Walemapotheek has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €118k and a net result of €49k. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 32% of 9624 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability81▼-2
Solvency49▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.21 in 2023; short-term debt: 44% and cash: 10.6% of total assets), and 76.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-08-2025, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
12 d late
2023
13 d late
2022
4 d early
2021
23 d late
2020
24 d late
2019
12 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€118k▲ 69.0%
2023 · €70k
2018: €37k
2019: €63k▲ +72.2% vs 2018
2020: €22k▼ -64.7% vs 2019lowest in 7 years
2021: €23k▲ +5.4% vs 2020
2022: €104k▲ +344% vs 2021
2023: €70k▼ -32.8% vs 2022
2024: €118k▲ +69.0% vs 2023highest in 7 years
2018 → 2024
Total assets
€496k▼ 11.9%
2023 · €563k
2018: €887k
2019: €806k▼ -9.1% vs 2018
2020: €989k▲ +22.7% vs 2019highest in 7 years
2021: €895k▼ -9.6% vs 2020
2022: €616k▼ -31.2% vs 2021
2023: €563k▼ -8.6% vs 2022
2024: €496k▼ -11.9% vs 2023lowest in 7 years
2018 → 2024
Net result
€49k▼ 25.6%
2023 · €66k
2018: €26klowest in 7 years
2019: €36k▲ +39.3% vs 2018
2020: €59k▲ +62.5% vs 2019
2021: €81k▲ +37.2% vs 2020highest in 7 years
2022: €81k▼ -0.9% vs 2021
2023: €66k▼ -18.1% vs 2022
2024: €49k▼ -25.6% vs 2023
2018 → 2024
Working capital
€66k▲ 29.3%
2023 · €51k
2018: €90k
2019: €97k▲ +8.7% vs 2018
2020: €43k▼ -55.7% vs 2019
2021: €34k▼ -22.2% vs 2020lowest in 7 years
2022: €102k▲ +205% vs 2021highest in 7 years
2023: €51k▼ -50.3% vs 2022
2024: €66k▲ +29.3% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€22k-€23k▲ 5.4%€104k▲ 344%€70k▼ 32.8%€118k▲ 69.0%
2020: €22klowest in 5 years
2021: €23k▲ +5.4% vs 2020
2022: €104k▲ +344% vs 2021
2023: €70k▼ -32.8% vs 2022
2024: €118k▲ +69.0% vs 2023highest in 5 years
Operating result€84k-€113k▲ 34.5%€111k▼ 1.7%€92k▼ 17.1%€72k▼ 22.1%
2020: €84k
2021: €113k▲ +34.5% vs 2020highest in 5 years
2022: €111k▼ -1.7% vs 2021
2023: €92k▼ -17.1% vs 2022
2024: €72k▼ -22.1% vs 2023lowest in 5 years
Net result€59k-€81k▲ 37.2%€81k▼ 0.9%€66k▼ 18.1%€49k▼ 25.6%
2020: €59k
2021: €81k▲ +37.2% vs 2020highest in 5 years
2022: €81k▼ -0.9% vs 2021
2023: €66k▼ -18.1% vs 2022
2024: €49k▼ -25.6% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 22% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €496k
Fixed assets
€212k ▼ 20.9%
Current assets
€284k ▼ 3.6%
Equity and liabilities €496k
Equity
€118k ▲ 69.0%
Debt
€378k ▼ 23.3%
Debt's share of the balance-sheet total falls from 87.6% to 76.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€132k▼
2023 · €153k
Cash flow
€110k▼
2023 · €127k
Current ratio
1.30▲
2023 · 1.21
Quick ratio
0.61▲
2023 · 0.50
Debt to equity
3.20▼
2023 · 7.06
ROE
41.5%▼
2023 · 94.4%
ROA
9.9%▼
2023 · 11.7%
Interest coverage
14.62▼
2023 · 19.67
Debt ≤ 1 year
€218k▼
2023 · €244k
Debt > 1 year
€157k▼
2023 · €248k
Income taxes
€14k▼
2023 · €18k
Staff costs
€56k▲
2023 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet
Code20232024
Assets
Total assets20/58€563k€496k▼
Fixed assets21/28€268k€212k▼
Intangible fixed assets21€55k€27k▼
Tangible fixed assets22/27€208k€180k▼
Land and buildings22€168k€154k▼
Plant, machinery and equipment23€37k€23k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€5k€5k=
Current assets29/58€295k€284k▼
Stocks and contracts in progress3€172k€151k▼
Stocks30/36€172k€151k▼
Amounts receivable within one year40/41€68k€67k▼
Trade receivables40€64k€61k▼
Other amounts receivable41€4k€6k▲
Cash at bank and in hand54/58€42k€53k▲
Deferred charges and accrued income490/1€12k€12k▲
Equity and liabilities
Total equity and liabilities10/49€563k€496k▼
Equity10/15€70k€118k▲
Contributions10/11€19k€19k=
Reserves13€51k€99k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€51k€99k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€493k€378k▼
Amounts payable after more than one year17€248k€157k▼
Financial debts170/4€248k€157k▼
Amounts payable within one year42/48€244k€218k▼
Current portion of amounts payable after more than one year42€75k€91k▲
Trade debts44€58k€46k▼
Suppliers440/4€58k€46k▼
Taxes, remuneration and social security45€8k€13k▲
Taxes450/3€6k€8k▲
Remuneration and social security454/9€3k€5k▲
Other amounts payable47/48€103k€68k▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20232024
Remuneration, social security and pensions62€31k€56k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€61k▼
Other operating charges640/8€828€583▼
Gross operating margin9900€185k€189k▲
Operating profit (loss)9901€92k€72k▼
Financial income75/76B€60€60=
Recurring financial income75€60€60=
Financial charges65/66B€8k€9k▲
Recurring financial charges65€8k€9k▲
Profit (loss) for the period before taxes9903€84k€63k▼
Income taxes67/77€18k€14k▼
Profit (loss) for the period9904€66k€49k▼
Profit (loss) for the period to be appropriated9905€66k€49k▼
Appropriation of the result
Profit (loss) to be appropriated9906€66k€49k▼
Transfer from equity791/2€100k€0▼
Transfer to equity691/2€66k€48k▼
To other reserves6921€66k€48k▼
Profit to be distributed694/7€100k€833▼
Return on contributions (dividend)694€100k€833▼
Social balance
Average headcount (FTE)90870.81.3▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €60k | €59k | €31k | €56k | ▲ 81.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €62k | €62k | €62k | €61k | €61k | ▼ 1.0% |
| Other operating charges640/8 | - | €476 | €228 | €828 | €583 | ▼ 29.6% |
| Gross operating margin9900 | €204k | €235k | €231k | €185k | €189k | ▲ 2.1% |
| Operating profit (loss)9901 | €84k | €113k | €111k | €92k | €72k | ▼ 22.1% |
| Financial income75/76B | - | - | €60 | €60 | €60 | = |
| Recurring financial income75 | €480 | - | €60 | €60 | €60 | = |
| Financial charges65/66B | - | €9k | €8k | €8k | €9k | ▲ 16.2% |
| Recurring financial charges65 | €9k | €9k | €8k | €8k | €9k | ▲ 16.2% |
| Profit (loss) for the period before taxes9903 | €75k | €104k | €103k | €84k | €63k | ▼ 25.6% |
| Income taxes67/77 | €16k | €23k | €23k | €18k | €14k | ▼ 25.6% |
| Profit (loss) for the period9904 | €59k | €81k | €81k | €66k | €49k | ▼ 25.6% |
| Profit (loss) for the period to be appropriated9905 | €59k | €81k | €81k | €66k | €49k | ▼ 25.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €989k | €895k | €616k | €563k | €496k | ▼ 11.9% |
| Fixed assets21/28 | €449k | €387k | €326k | €268k | €212k | ▼ 20.9% |
| Intangible fixed assets21 | €137k | €110k | €82k | €55k | €27k | ▼ 50.0% |
| Tangible fixed assets22/27 | €307k | €272k | €238k | €208k | €180k | ▼ 13.8% |
| Land and buildings22 | - | €196k | €182k | €168k | €154k | ▼ 8.3% |
| Plant, machinery and equipment23 | - | €76k | €56k | €37k | €23k | ▼ 36.5% |
| Furniture and vehicles24 | - | - | - | €4k | €2k | ▼ 35.3% |
| Financial fixed assets28 | €5k | €5k | €5k | €5k | €5k | = |
| Current assets29/58 | €540k | €508k | €290k | €295k | €284k | ▼ 3.6% |
| Stocks and contracts in progress3 | €159k | €158k | €147k | €172k | €151k | ▼ 12.1% |
| Stocks30/36 | - | €158k | €147k | €172k | €151k | ▼ 12.1% |
| Amounts receivable within one year40/41 | €245k | €65k | €58k | €68k | €67k | ▼ 1.1% |
| Trade receivables40 | - | €61k | €56k | €64k | €61k | ▼ 4.3% |
| Other amounts receivable41 | - | €4k | €2k | €4k | €6k | ▲ 49.9% |
| Cash at bank and in hand54/58 | €129k | €274k | €75k | €42k | €53k | ▲ 25.0% |
| Deferred charges and accrued income490/1 | - | €11k | €10k | €12k | €12k | ▲ 3.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €989k | €895k | €616k | €563k | €496k | ▼ 11.9% |
| Equity10/15 | €22k | €23k | €104k | €70k | €118k | ▲ 69.0% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €4k | €5k | €85k | €51k | €99k | ▲ 94.0% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €3k | €83k | €51k | €99k | ▲ 94.0% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €967k | €871k | €512k | €493k | €378k | ▼ 23.3% |
| Amounts payable after more than one year17 | €470k | €396k | €322k | €248k | €157k | ▼ 36.6% |
| Financial debts170/4 | - | €396k | €322k | €248k | €157k | ▼ 36.6% |
| Amounts payable within one year42/48 | €497k | €474k | €188k | €244k | €218k | ▼ 10.5% |
| Current portion of amounts payable after more than one year42 | - | €74k | €74k | €75k | €91k | ▲ 21.7% |
| Trade debts44 | €306k | €225k | €47k | €58k | €46k | ▼ 19.9% |
| Suppliers440/4 | - | €225k | €47k | €58k | €46k | ▼ 19.9% |
| Taxes, remuneration and social security45 | - | €19k | €15k | €8k | €13k | ▲ 57.2% |
| Taxes450/3 | - | €13k | €14k | €6k | €8k | ▲ 39.2% |
| Remuneration and social security454/9 | - | €6k | €938 | €3k | €5k | ▲ 98.3% |
| Other amounts payable47/48 | - | €156k | €51k | €103k | €68k | ▼ 34.1% |
| Accrued charges and deferred income492/3 | - | €1k | €3k | €2k | €3k | ▲ 81.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €59k | €81k | €81k | €66k | €49k | ▼ 25.6% |
| + Depreciation and write-downs630 | €62k | €62k | €62k | €61k | €61k | ▼ 1.0% |
| Operating cash flow (approximation) | €121k | €143k | €142k | €127k | €110k | ▼ 13.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-4k | €-5k | ▼ 14.3% |
| Change in cash | - | €145k | €-199k | €-32k | €11k | ▲ 133% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 12 days late
2024
31-12
Financial
Equity above €100kEq €118k ▲69%
7 profitable years in a row build equity to €118k.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 13 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €100kEq €104k ▲344%
5 profitable years in a row build equity to €104k.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
31-12
Financial
Highest result since 2018net €81k ▲37.2%
Operating result €113k, net result €81k, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 12 days late
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 16 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 21 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Mechelen · 1 establishment unit since 2016
Ground area
836 m²
Building footprint
836 m²
Volume, LiDAR
9,562 m³
Parcel 12037B0346/00_000, Flanders · tallest building 28.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Walemapotheek
since 20162.248.656.671
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12037B0346/00_000 ProtectedMonument · Townscape or village viewParochiekerk Onze-Lieve-Vrouw van Bijstand met kerkhof en kerkhofmuurSource ↗ |
Flanders | 836 m² | 1 · 836 m² | 28.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMechelen2.248.656.671
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Of 5,220 companies in sector 47730 we hold annual accounts for 3,861. 3,496 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
Contact
E-mail
katpeet@hotmail.comMechelen
Phone
015/20.56.22Mechelen
Scores and ratios are computed by Checked and are not a credit decision.