What does APOTHEEK VELGHE do?

APOTHEEK VELGHE is a logistics company in Maarkedal. Public Limited, started on 11 December 1991, 1 establishment.

What is the address of APOTHEEK VELGHE?

The registered office of APOTHEEK VELGHE is located at Zottegemstraat 24, 9688 Maarkedal.

Is APOTHEEK VELGHE still active?

Yes. According to the CBE (29 October 2026) APOTHEEK VELGHE is active, legal situation “Normale toestand”, started on 11 December 1991.

Is APOTHEEK VELGHE registered on Peppol?

Yes, APOTHEEK VELGHE is registered on the Peppol network with ID 0208:0446045293.

What is the enterprise number of APOTHEEK VELGHE?

The enterprise number of APOTHEEK VELGHE is BE0446045293.

When was APOTHEEK VELGHE founded?

APOTHEEK VELGHE was founded on 11 December 1991.

Who are the directors of APOTHEEK VELGHE?

According to the 2025 annual accounts, the directors of APOTHEEK VELGHE are: Kristof Cauterman, CAUTERMAN-VELGHE BV.

Is APOTHEEK VELGHE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 December 1991; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did APOTHEEK VELGHE make in 2025?

APOTHEEK VELGHE recorded a loss after taxes of € 33,317 in financial year 2025.

What is the revenue of APOTHEEK VELGHE?

As a small company, APOTHEEK VELGHE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 189,820.

How much does an employee at APOTHEEK VELGHE earn?

The average wage cost per full-time employee at APOTHEEK VELGHE was € 68,200 in 2025: staff costs of € 115,884 for 1.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does APOTHEEK VELGHE have?

According to the 2025 annual accounts, APOTHEEK VELGHE has 1.7 full-time equivalents (FTE).

APOTHEEK VELGHE (Public Limited) - Maarkedal

Dossier APOTHEEK VELGHE, printed on 29 October 2026 from databakkes.be/en/0446045293/apotheek-velghe. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

APOTHEEK VELGHE from Maarkedal, company number BE0446045293, closed financial year 2025 with a result of € -33,317 after tax. For that financial year APOTHEEK VELGHE recorded a gross margin of € 189,820 and equity of € 139,176. Compared with financial year 2024, the result moved from € 3,467 to € -33,317. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.

What it is worth Healthy

€ 139,176

▼ 20% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -33,317

▼ still € 3,467 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 11,801

▼ 91% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 77,176.

People and assets in 2025

Full-time equivalents

1.7

▲ 0.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 115,884

▼ 16% vs 2024

€ 68,200 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.

Vehicles and equipment

€ 39,140

▼ 14% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 10 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 771,426

▲ 9% vs 2024

€ 58,324 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 137,060

▼ 5% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 23,655

▼ 23% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 251,168 Gross margin 2022: € 251,168 First fiscal year in the series	€ 258,143 Gross margin 2023: € 258,143 ▲ 3% vs 2022 (€ 251,168) Favourable step	€ 247,627 Gross margin 2024: € 247,627 ▼ 4% vs 2023 (€ 258,143) Unfavourable step	€ 189,820 Gross margin 2025: € 189,820 ▼ 23% vs 2024 (€ 247,627) Unfavourable step	▼ 23%
Profit after taxes	€ 67,521 Profit after taxes 2022: € 67,521 First fiscal year in the series	€ 21,923 Profit after taxes 2023: € 21,923 ▼ 68% vs 2022 (€ 67,521) Unfavourable step	€ 3,467 Profit after taxes 2024: € 3,467 ▼ 84% vs 2023 (€ 21,923) Unfavourable step	€ -33,317 Profit after taxes 2025: € -33,317 ▼ € 36,783 vs 2024 (€ 3,467) Unfavourable step	▼ € 36,783
Equity	€ 168,071 Equity 2022: € 168,071 First fiscal year in the series	€ 170,882 Equity 2023: € 170,882 ▲ 2% vs 2022 (€ 168,071) Favourable step	€ 174,348 Equity 2024: € 174,348 ▲ 2% vs 2023 (€ 170,882) Favourable step	€ 139,176 Equity 2025: € 139,176 ▼ 20% vs 2024 (€ 174,348) Unfavourable step	▼ 20%
Total debts	€ 1,072,609 Total debts 2022: € 1,072,609 First fiscal year in the series	€ 994,330 Total debts 2023: € 994,330 ▼ 7% vs 2022 (€ 1,072,609) Favourable step	€ 1,057,737 Total debts 2024: € 1,057,737 ▲ 6% vs 2023 (€ 994,330) Unfavourable step	€ 978,425 Total debts 2025: € 978,425 ▼ 7% vs 2024 (€ 1,057,737) Favourable step	▼ 7%
Cash	€ 33,369 Cash 2022: € 33,369 First fiscal year in the series	€ 32,367 Cash 2023: € 32,367 ▼ 3% vs 2022 (€ 33,369) Unfavourable step	€ 135,395 Cash 2024: € 135,395 ▲ € 103,028 vs 2023 (€ 32,367) Favourable step	€ 11,801 Cash 2025: € 11,801 ▼ 91% vs 2024 (€ 135,395) Unfavourable step	▼ 91%
Land & buildings	€ 661,103 Land & buildings 2022: € 661,103 First fiscal year in the series	€ 601,154 Land & buildings 2023: € 601,154 ▼ 9% vs 2022 (€ 661,103) Unchanged	€ 549,411 Land & buildings 2024: € 549,411 ▼ 9% vs 2023 (€ 601,154) Unchanged	€ 496,108 Land & buildings 2025: € 496,108 ▼ 10% vs 2024 (€ 549,411) Unchanged	▼ 10%
Retained profit	€ 106,071 Retained profit 2022: € 106,071 First fiscal year in the series	€ 108,882 Retained profit 2023: € 108,882 ▲ 3% vs 2022 (€ 106,071) Favourable step	€ 112,348 Retained profit 2024: € 112,348 ▲ 3% vs 2023 (€ 108,882) Favourable step	€ 77,176 Retained profit 2025: € 77,176 ▼ 31% vs 2024 (€ 112,348) Unfavourable step	▼ 31%
Dividend	€ 65,000 Dividend 2022: € 65,000 First fiscal year in the series	€ 18,000 Dividend 2023: € 18,000 ▼ 72% vs 2022 (€ 65,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 18,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 689,022 Bank debt 2022: € 689,022 First fiscal year in the series	€ 644,765 Bank debt 2023: € 644,765 ▼ 6% vs 2022 (€ 689,022) Favourable step	€ 710,445 Bank debt 2024: € 710,445 ▲ 10% vs 2023 (€ 644,765) Unfavourable step	€ 771,426 Bank debt 2025: € 771,426 ▲ 9% vs 2024 (€ 710,445) Unfavourable step	▲ 9%
Balance sheet total	€ 1,240,681 Balance sheet total 2022: € 1,240,681 First fiscal year in the series	€ 1,165,212 Balance sheet total 2023: € 1,165,212 ▼ 6% vs 2022 (€ 1,240,681) Unchanged	€ 1,232,085 Balance sheet total 2024: € 1,232,085 ▲ 6% vs 2023 (€ 1,165,212) Unchanged	€ 1,117,601 Balance sheet total 2025: € 1,117,601 ▼ 9% vs 2024 (€ 1,232,085) Unchanged	▼ 9%
Employees (FTE)	3.1 Employees (FTE) 2022: 3.1 First fiscal year in the series	3.6 Employees (FTE) 2023: 3.6 ▲ 0.5 vs 2022 (3.1) Unchanged	1.3 Employees (FTE) 2024: 1.3 ▼ 2.3 vs 2023 (3.6) Unchanged	1.7 Employees (FTE) 2025: 1.7 ▲ 0.4 vs 2024 (1.3) Unchanged	▲ 0.4

Key figures of APOTHEEK VELGHE, 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 VELGHE?

What happened at APOTHEEK VELGHE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 24, 2026 New annual accounts for financial year 2025: loss of € 33,317 (▼ € 36,783 vs 2024). filed late Source: NBB ↗
2025 Kristof Cauterman became a director. NBB
2025 CAUTERMAN-VELGHE BV became a director. NBB
Feb 6, 1992 New establishment in Maarkedal. KBO
Dec 11, 1991 Start of the company according to the CBE. KBO

In short

From € 67,521 profit in 2022 to € 33,317 loss in 2025.

Paid € 13,879 in corporate taxes since 2022.

Best year ever: 2022, with € 67,521 profit.

On average € 111,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

CAUTERMAN-VELGHE 98.4%

The stake of CAUTERMAN-VELGHE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

APOTHEEK VELGHE

Behind APOTHEEK VELGHE are Kristof Cauterman and CAUTERMAN-VELGHE BV. The shares are held by CAUTERMAN-VELGHE (98.4%).

Directors

According to the 2025 annual accounts

Kristof Cauterman

Director

Also active at: CAUTERMAN-VELGHE, CAUTERMAN PROJECTS

since 2025

CAUTERMAN-VELGHE BV

Director · represented by Velghe Evelyn

Also active at: Apotheek Velghe Ronse, CAUTERMAN PROJECTS

since 2025

Shareholders

CAUTERMAN-VELGHE

98.4%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Zottegemstraat 24

9688 Maarkedal

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

Apotheek Velghe Ronse same network

€ 58,162 gross margin · 2025

CAUTERMAN-VELGHE same network

€ 60,880 gross margin · 2025

CAUTERMAN PROJECTS same network

€ 62,539 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0446.045.293

VAT number

BE 0446.045.293

Registered office

Zottegemstraat 24, 9688 Maarkedal

Names & denominations

APOTHEEK VELGHE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

11 December 1991

Peppol

Active · Active since 8 Apr 2026

Activities · NACE

Apothekers

Detailhandel in farmaceutische producten

View on CBE Public ↗ Annual accounts (NBB) ↗

APOTHEEK VELGHE

Financials

What happened to APOTHEEK VELGHE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions