Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Apotheek Waterven from Kortrijk, company number BE0536769888, closed financial year 2025 with a result of € -60,701 after tax. For that financial year Apotheek Waterven recorded a gross margin of € 46,090 and equity of € -85,381. Compared with financial year 2024, the result moved from € -131,246 to € -60,701. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ -85,381
▼ € 60,701 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -60,701
▲ 54 % less loss than in 2024
Profit after tax over the fiscal year.
€ 20,022
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -396,381.
People and assets in 2025
1.1
Average over the fiscal year, from the social balance sheet.
€ 69,383
▲ 1% vs 2024
€ 63,100 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.
€ 8,358
▲ 161% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 144,079
▼ 11% vs 2024
€ 17,744 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 28,567
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,985
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 77,060 | € -21,165 | € 10,956 | € 46,090 | ▲ € 35,133 |
| Profit after taxes | € -61,506 | € -142,928 | € -131,246 | € -60,701 | ▲ € 70,545 |
| Equity | € 249,494 | € 106,565 | € -24,680 | € -85,381 | ▼ € 60,701 |
| Total debts | € 290,501 | € 404,226 | € 242,870 | € 297,718 | ▲ 23% |
| Cash | € 12,349 | € 24,556 | € 27,536 | € 20,022 | ▼ 27% |
| Land & buildings | € 288,978 | € 261,446 | € 0 | - | |
| Retained profit | € -61,506 | € -204,435 | € -335,680 | € -396,381 | ▼ € 60,701 |
| Bank debt | € 220,730 | € 179,566 | € 161,822 | € 144,079 | ▼ 11% |
| Balance sheet total | € 539,994 | € 510,792 | € 218,190 | € 212,336 | ▼ 3% |
| Employees (FTE) | 1 | 1 | 1.1 | 1.1 |
Key figures of Apotheek Waterven, 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 Waterven?
What happened at Apotheek Waterven in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 60,701. Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 61,506 loss in 2022 to € 60,701 loss in 2025.
Paid € 549 in corporate taxes since 2022.
On average € 41,900 of value added per employee in 2025.
A new publication or filing at Apotheek Waterven? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of EURINVESTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Apotheek WatervenBehind Apotheek Waterven is EURINVESTS BV. The shares are held by EURINVESTS (100%).
Directors
According to the 2025 annual accounts
Director · represented by Krist Nollet
Also active at: APOTHEEK CREMERS, AVR, AVRIMMO, APOTHEEK DE MAZIERE, APOTHEEK VANACKERE, APOTHEEK MEENSEPOORT, NK INVEST, FLEXCARE +1 more
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oude Ieperseweg(Heu) 149 box 1
8501 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0536.769.888
- VAT number
- BE 0536.769.888
- Registered office
- Oude Ieperseweg(Heu) 149 bus 1, 8501 Kortrijk
- Names & denominations
- Apotheek Waterven
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 2013
- Peppol
- Active · Active since 16 Jul 2026
- Activities · NACE
Detailhandel in farmaceutische producten
Detailhandel in drogisterijartikelen en onderhoudsproducten
Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen
Detailhandel in medische en orthopedische artikelen in gespecialiseerde winkels
Detailhandel in drogisterijartikelen en onderhoudsproducten in gespecialiseerde winkels