Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 8.6 to 6.8.
Financials
Financial year 2025
Apotheek Devroe from Tielt, company number BE0432762926, closed financial year 2025 with a result of € 280,689 after tax. For that financial year Apotheek Devroe recorded a gross margin of € 1.4 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 399,388 to € 280,689. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 21, 2026.
€ 1.6 million
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 280,689
▼ 30% vs 2024
Profit after tax over the fiscal year.
€ 594,093
▲ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 841 paid out
0 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
6.8
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 458,169
▼ 6% vs 2024
€ 67,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 24,564
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▼ 10% vs 2024
€ 164,589 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 278,009
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 177,551
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 997,140 | € 1,143,269 | € 1,282,566 | € 1,358,364 | ▲ 6% |
| Profit after taxes | € 247,905 | € 285,588 | € 399,388 | € 280,689 | ▼ 30% |
| Equity | € 873,591 | € 967,440 | € 1,365,961 | € 1,645,808 | ▲ 20% |
| Total debts | € 2,984,660 | € 3,162,060 | € 2,865,827 | € 2,647,335 | ▼ 8% |
| Cash | € 659,027 | € 291,876 | € 357,177 | € 594,093 | ▲ 66% |
| Land & buildings | € 2,213,078 | € 2,351,918 | € 2,269,722 | € 2,182,227 | ▼ 4% |
| Retained profit | € 850,377 | € 944,227 | € 1,342,747 | € 1,622,595 | ▲ 21% |
| Dividend | € 808 | € 191,738 | € 867 | € 841 | ▼ 3% |
| Bank debt | € 2,544,340 | € 2,212,188 | € 1,849,834 | € 1,667,697 | ▼ 10% |
| Balance sheet total | € 3,858,250 | € 4,129,500 | € 4,231,788 | € 4,293,143 | ▲ 1% |
| Employees (FTE) | 7.4 | 8.6 | 7.4 | 6.8 | ▼ 0.6 |
Key figures of Apotheek Devroe, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Apotheek Devroe?
What happened at Apotheek Devroe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 280,689 (▼ 30% vs 2024). Source: NBB ↗
- Ruth Devroe became a director. NBB
- New establishment in Wingene. KBO
- New establishment in Tielt. KBO
- New establishment in Ardooie. KBO
- Start of the company according to the CBE. KBO
In short
From € 247,905 profit in 2022 to € 280,689 profit in 2025.
Paid € 625,686 in corporate taxes since 2022.
Best year ever: 2024, with € 399,388 profit.
On average € 199,800 of value added per employee in 2025.
Management
Behind Apotheek Devroe is Ruth Devroe. Ruth Devroe is also behind WINGENE FARMA, APO-ART and KOOLSKAMP FARMA.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Kortrijkstraat 129
8700 Tielt
Kloosterstraat 16
8851 Ardooie
Active since 29 December 1987
Oude Bruggestraat 48
8750 Wingene
Active since 1 January 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.762.926
- VAT number
- BE 0432.762.926
- Registered office
- Kortrijkstraat 129, 8700 Tielt
- Names & denominations
- Apotheek Devroe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1987
- Peppol
- Active · Active since 29 Apr 2025
- Activities · NACE
Detailhandel in farmaceutische producten
Apothekers