Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
APOTHEEK PICARD from Glabbeek, company number BE0830138272, closed financial year 2025 with a result of € 51,528 after tax. For that financial year APOTHEEK PICARD recorded a gross margin of € 148,126 and equity of € 57,950. Compared with financial year 2024, the result moved from € 42,027 to € 51,528. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 57,950
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 51,528
▲ 23% vs 2024
Profit after tax over the fiscal year.
€ 59,340
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 40,000 paid out
78 % of the profit went to the shareholders, mostly to MANAGEMENT PICARD (100 % of the shares). That is where the money ends up.
People and assets in 2025
0.1
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2,794
▼ 82% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,160
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 341,893
▼ 14% vs 2024
€ 57,739 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 52,389
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,816
▲ 136% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 150,938 | € 161,666 | € 158,002 | € 148,126 | ▼ 6% |
| Profit after taxes | € 32,360 | € 34,481 | € 42,027 | € 51,528 | ▲ 23% |
| Equity | € 22,914 | € 28,395 | € 46,422 | € 57,950 | ▲ 25% |
| Total debts | € 624,648 | € 623,392 | € 698,116 | € 646,401 | ▼ 7% |
| Cash | € 29,175 | € 49,611 | € 57,547 | € 59,340 | ▲ 3% |
| Land & buildings | € 148,301 | € 134,819 | € 121,337 | € 107,855 | ▼ 11% |
| Retained profit | € 4,314 | € 9,795 | € 27,822 | € 39,350 | ▲ 41% |
| Dividend | € 32,000 | € 29,000 | € 24,000 | € 40,000 | ▲ 67% |
| Bank debt | € 408,431 | € 354,151 | € 398,550 | € 341,893 | ▼ 14% |
| Balance sheet total | € 647,562 | € 651,786 | € 744,538 | € 704,351 | ▼ 5% |
| Employees (FTE) | 0.5 | 0.5 | 0.5 | 0.1 | ▼ 0.4 |
Key figures of APOTHEEK PICARD, 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 PICARD?
What happened at APOTHEEK PICARD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 51,528 (▲ 23% vs 2024). Source: NBB ↗
- New establishment in Glabbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,360 profit in 2022 to € 51,528 profit in 2025.
Paid € 44,471 in corporate taxes since 2022.
Best year ever: 2025, with € 51,528 profit.
Paid out € 125,000 in dividends to the owners in total.
A new publication or filing at APOTHEEK PICARD? 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 MANAGEMENT PICARD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
APOTHEEK PICARDBehind APOTHEEK PICARD is MANAGEMENT PICARD BV. The shares are held by MANAGEMENT PICARD (100%).
Directors
According to the 2025 annual accounts
Director · represented by Ingrid Picard
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tiensesteenweg 61
3380 Glabbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0830.138.272
- VAT number
- BE 0830.138.272
- Registered office
- Tiensesteenweg 61, 3380 Glabbeek
- Names & denominations
- APOTHEEK PICARD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 October 2010
- Peppol
- Active · Active since 23 Jun 2025
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