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 4.8 to 3.9.
Financials
Financial year 2025
APOTHEKE REUL from Eupen, company number BE0459458712, closed financial year 2025 with a result of € 65,867 after tax. For that financial year APOTHEKE REUL recorded a gross margin of € 462,016 and equity of € 462,118. Compared with financial year 2024, the result moved from € 59,724 to € 65,867. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 14, 2026.
€ 462,118
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 65,867
▲ 10% vs 2024
Profit after tax over the fiscal year.
€ 227,637
▲ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 65,800 paid out
100 % of the profit went to the shareholders, mostly to PHARMAFLO MANAGEMENT (50 % of the shares). That is where the money ends up.
People and assets in 2025
3.9
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 290,563
▲ 2% vs 2024
€ 74,500 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.
€ 9,878
▲ € 8,644 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 520,139
▼ 13% vs 2024
Loans from banks and other lenders, long and short.
€ 3,622
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 62,100
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 667,708 | € 646,433 | € 434,885 | € 462,016 | ▲ 6% |
| Profit after taxes | € 217,543 | € 244,447 | € 59,724 | € 65,867 | ▲ 10% |
| Equity | € 461,980 | € 462,027 | € 462,051 | € 462,118 | |
| Total debts | € 988,484 | € 1,302,481 | € 1,038,431 | € 982,560 | ▼ 5% |
| Cash | € 166,185 | € 316,247 | € 166,076 | € 227,637 | ▲ 37% |
| Land & buildings | € 719,097 | € 689,280 | € 647,639 | € 605,998 | ▼ 6% |
| Retained profit | € 449,580 | € 449,627 | € 449,651 | € 449,718 | |
| Dividend | € 160,174 | € 244,400 | € 59,700 | € 65,800 | ▲ 10% |
| Bank debt | € 755,139 | € 676,806 | € 598,473 | € 520,139 | ▼ 13% |
| Balance sheet total | € 1,450,464 | € 1,764,508 | € 1,500,482 | € 1,444,678 | ▼ 4% |
| Employees (FTE) | 4.4 | 4.8 | 4 | 3.9 | ▼ 0.1 |
Key figures of APOTHEKE REUL, 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 APOTHEKE REUL?
What happened at APOTHEKE REUL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 65,867 (▲ 10% vs 2024). filed late Source: NBB ↗
- Pharmaflo management became a director. NBB
- Nikolaus Reul became a director. NBB
- New establishment in Eupen. KBO
- Start of the company according to the CBE. KBO
In short
From € 217,543 profit in 2022 to € 65,867 profit in 2025.
Paid € 103,206 in corporate taxes since 2022.
Best year ever: 2023, with € 244,447 profit.
On average € 118,500 of value added per employee in 2025.
Management
The stake of PHARMAFLO MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
APOTHEKE REULBehind APOTHEKE REUL are Pharmaflo management and Nikolaus Reul. The shares are held by PHARMAFLO MANAGEMENT (50%).
Directors
According to the 2025 annual accounts
Director · represented by Reul Florence
since 2024
since 2020
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue d'Aix la Chapelle 40-42
4700 Eupen
Rue d'Aix la Chapelle 42
4700 Eupen
Active since 4 April 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0459.458.712
- VAT number
- BE 0459.458.712
- Registered office
- Rue d'Aix la Chapelle 40-42, 4700 Eupen
- Names & denominations
- APOTHEKE REUL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 1996
- Peppol
- Active · Active since 28 Nov 2025
- Contact
- apotheke-reul.be
- Activities · NACE
Detailhandel in farmaceutische producten
Apothekers
Vervaardiging van geneesmiddelen
Vervaardiging van parfums en cosmetische artikelen
Vervaardiging van parfums en toiletartikelen