Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
APOTHEEK MINERVA from Antwerpen, company number BE0774449483, closed financial year 2025 with a result of € -5,540 after tax. For that financial year APOTHEEK MINERVA recorded a gross margin of € 263,799 and equity of € 43,010. Compared with financial year 2024, the result moved from € -3,221 to € -5,540. 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 July 7, 2026.
€ 43,010
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,540
▼ 72 % more loss than in 2024
Profit after tax over the fiscal year.
€ 19,268
▲ 135% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6,990.
People and assets in 2025
2.2
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 146,201
▲ 6% vs 2024
€ 66,500 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.
€ 34,983
▲ € 31,861 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▲ € 1.4 million vs 2024
€ 88,826 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 51,628
▲ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,616
▲ 49% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 255,469 | € 176,699 | € 192,415 | € 263,799 | ▲ 37% |
| Profit after taxes | € -790 | € 2,562 | € -3,221 | € -5,540 | ▼ € 2,319 |
| Equity | € 49,210 | € 51,772 | € 48,550 | € 43,010 | ▼ 11% |
| Total debts | € 480,203 | € 430,382 | € 396,619 | € 1,780,370 | ▲ € 1.4 million |
| Cash | € 31,959 | € 28,676 | € 8,213 | € 19,268 | ▲ 135% |
| Land & buildings | - | - | € 2,622 | € 1,360,203 | ▲ € 1.4 million |
| Retained profit | € -790 | € 1,772 | € -1,450 | € -6,990 | ▼ € 5,540 |
| Bank debt | € 422,247 | € 362,018 | € 301,493 | € 1,666,185 | ▲ € 1.4 million |
| Balance sheet total | € 529,413 | € 482,154 | € 445,169 | € 1,823,380 | ▲ € 1.4 million |
| Employees (FTE) | 2 | 1.7 | 2.1 | 2.2 | ▲ 0.1 |
Key figures of APOTHEEK MINERVA, 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 MINERVA?
What happened at APOTHEEK MINERVA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,540. Source: NBB ↗
- New establishment in Antwerpen. KBO
- APOCOR BV became a director. NBB
- Philotheek BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 790 loss in 2022 to € 5,540 loss in 2025.
Paid € 617 in corporate taxes since 2022.
Best year ever: 2023, with € 2,562 profit.
On average € 119,900 of value added per employee in 2025.
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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 APOCOR, Philotheek comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
APOTHEEK MINERVABehind APOTHEEK MINERVA are APOCOR BV and Philotheek BV. The shares are held by APOCOR (50%) and Philotheek (50%).
Directors
According to the 2025 annual accounts
Bestuurder · represented by Yelle Corrynen
Also active at: Apotheek Generaal, Eeuwfeestapotheek
since 2021
Bestuurder · represented by Philip Otten
Also active at: Apotheek Generaal, Eeuwfeestapotheek
since 2021
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brederodestraat 63
2018 Antwerpen
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
A2HOSTING - A2 Hosting, Inc., US
Website info
Features
Security
Details
- Company number
- 0774.449.483
- VAT number
- BE 0774.449.483
- Registered office
- Brederodestraat 63, 2018 Antwerpen
- Names & denominations
- APOTHEEK MINERVA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 September 2021
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- apotheekminerva.be
- Activities · NACE
Detailhandel in farmaceutische producten