ACTIVE

Crocodile

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-417 k €

+28.6% YoY

Revenue

24,2 M €

+9.6% YoY

Equity

6 M €

-6.5% YoY

Workforce

26,7 ETP

+3.9% YoY

What does Crocodile do?

Crocodile is a Public limited company incorporated in 1952. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Kortrijk. It employs on average 26,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0405.325.782

Incorporation

09/07/1952

Legal form

Public limited company

Registered office

Grote Markt(Kor) 5-6
8500 Kortrijk · FlandreSee on map

Contributed capital

745 000,00 €

Latest accounts

31/12/2025

Average workforce

26,7 ETP

Activities (NACE)

46460Wholesale of pharmaceutical goods· main 46460Wholesale of pharmaceutical goods 47730Dispensing chemist in specialised stores 47730Dispensing chemist in specialised stores 51460Air transport 52310Warehousing and support activities for transportation+6

Joint committees (2)

Signals

Solid equityLow riskGood liquidityHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	24,2 M €	+9.6%	22,1 M €	+3.4%	21,4 M €	+1.6%	21 M €	-1.2%	21,3 M €	+0.5%	21,2 M €	+2.7%	20,6 M €	-0.3%	20,7 M €	-9.0%	22,7 M €	+4.7%	21,7 M €	+0.5%	21,6 M €	-0.8%	21,8 M €	-6.2%	23,2 M €	-10.3%	25,9 M €	-32.6%	38,4 M €	-4.2%	40,1 M €	-1.5%	40,7 M €	+3.0%	39,5 M €
EBITDA	-226,2 k €	+41.2%	-384,7 k €	-97.1%	-195,2 k €	-1298%	16,3 k €	-81.0%	85,8 k €	+190%	-95,5 k €	-49.8%	-63,8 k €	+75.3%	-257,8 k €	-265%	156,6 k €	+1243%	11,7 k €	+107%	-159,3 k €	+18.8%	-196,2 k €	-73.6%	-113 k €	-132%	-48,7 k €	-117%	291,6 k €	+2.7%	284,1 k €	-47.1%	537,3 k €	+35.1%	397,7 k €
Operating result	-515,4 k €	+23.6%	-674,9 k €	-71.7%	-393,1 k €	-70.4%	-230,6 k €	-37.6%	-167,6 k €	+54.3%	-367 k €	-5.6%	-347,4 k €	+35.3%	-536,9 k €	-1318%	-37,9 k €	+75.5%	-154,4 k €	+62.1%	-407,3 k €	+10.5%	-454,9 k €	-34.2%	-339 k €	-112%	-159,9 k €	-180%	199,5 k €	+13.8%	175,3 k €	-59.8%	436,5 k €	+50.5%	290,1 k €
Net result	-417 k €	+28.6%	-583,9 k €	-89.0%	-308,9 k €	-169%	-115 k €	-312%	-27,9 k €	+88.7%	-247,2 k €	-14.3%	-216,3 k €	+45.6%	-397,3 k €	-380%	142 k €	+595%	20,4 k €	+109%	-232,1 k €	+21.9%	-297,3 k €	-291%	-76,1 k €	-214%	66,5 k €	-80.6%	343,5 k €	-20.5%	432 k €	-24.4%	571,6 k €	+21.6%	469,9 k €
Balance sheet
Equity	6 M €	-6.5%	6,4 M €	-8.4%	7 M €	-4.2%	7,3 M €	-1.6%	7,4 M €	-0.4%	7,4 M €	-3.2%	7,7 M €	-2.7%	7,9 M €	-10.0%	8,8 M €	+1.6%	8,6 M €	+0.2%	8,6 M €	-2.6%	8,8 M €	-3.3%	9,1 M €	-4.0%	9,5 M €	+0.2%	9,5 M €	+3.0%	9,2 M €	+3.9%	8,9 M €	+5.4%	8,4 M €
Total assets	7,2 M €	-6.7%	7,7 M €	-7.1%	8,3 M €	+2.2%	8,2 M €	-4.6%	8,6 M €	-1.7%	8,7 M €	-4.7%	9,1 M €	-3.0%	9,4 M €	-3.8%	9,8 M €	-0.4%	9,8 M €	-5.8%	10,4 M €	+3.3%	10,1 M €	-10.7%	11,3 M €	+0.7%	11,2 M €	-13.6%	13 M €	+0.9%	12,9 M €	-3.2%	13,3 M €	+0.4%	13,3 M €
Cash	658,1 k €	+2.0%	645,4 k €	-54.8%	1,4 M €	+41.2%	1 M €	-19.8%	1,3 M €	+3.8%	1,2 M €	+22.6%	991 k €	-24.3%	1,3 M €	-20.3%	1,6 M €	-7.5%	1,8 M €	+10.3%	1,6 M €	-0.5%	1,6 M €	-30.3%	2,3 M €	-24.0%	3,1 M €	+203%	1 M €	+1.0%	1 M €	-6.4%	1,1 M €	+53.6%	695,9 k €
Debts	1,3 M €	-7.4%	1,4 M €	-0.4%	1,4 M €	+54.8%	885,6 k €	-24.2%	1,2 M €	-9.6%	1,3 M €	-12.6%	1,5 M €	-4.3%	1,5 M €	+49.0%	1 M €	-14.9%	1,2 M €	-33.9%	1,8 M €	+44.3%	1,3 M €	-41.7%	2,2 M €	+26.6%	1,7 M €	-50.8%	3,5 M €	-4.4%	3,7 M €	-17.4%	4,5 M €	-8.2%	4,9 M €
Other
Workforce	26,7 ETP	+3.9%	25,7 ETP	-3.0%	26,5 ETP	-5.0%	27,9 ETP	-1.4%	28,3 ETP	-1.7%	28,8 ETP	+17.6%	24,5 ETP	+7.0%	22,9 ETP	-6.1%	24,4 ETP	-21.5%	31,1 ETP	+30.7%	23,8 ETP	-3.3%	24,6 ETP	+0.8%	24,4 ETP	-9.3%	26,9 ETP	-19.2%	33,3 ETP	-4.6%	34,9 ETP	+7.4%	32,5 ETP	-9.2%	35,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 12 ended

Active mandates

ANNABEL VAN POUCKE

Director · since 25 août 2021 · until 11 mai 2027

Active

Olivier VAN POUCKE

Director · since 25 août 2021 · until 11 mai 2027

Active

Xavier VAN POUCKE

Director · since 25 août 2021 · until 11 mai 2027

Active

Ended mandates

Annabel Van Poucke

Managing director · since 25 août 2021 · until 11 mai 2027

Ended

Olivier Van Poucke

Managing director · since 25 août 2021 · until 11 mai 2027

Ended

Xavier Van Poucke

Managing director · since 25 août 2021 · until 11 mai 2027

Ended

Annabel Van Poucke

Managing director · since 10 mai 2016 · until 10 mai 2022

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/07/2026	22/07/2025	16/05/2024	01/06/2023	03/06/2022	27/05/2021
General meeting	03/07/2026	11/07/2025	14/05/2024	09/05/2023	10/05/2022	11/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	03/07/2026	08/07/2026	Dutch	PDF
Full model	31/12/2024	11/07/2025	22/07/2025	Dutch	PDF
Full model	31/12/2023	14/05/2024	16/05/2024	Dutch	PDF
Full model	31/12/2022	09/05/2023	01/06/2023	Dutch	PDF
Full model	31/12/2021	10/05/2022	03/06/2022	Dutch	PDF
Full model	31/12/2020	11/05/2021	27/05/2021	Dutch	PDF
Full model	31/12/2019	12/05/2020	20/05/2020	Dutch	PDF
Full model	31/12/2018	14/05/2019	06/06/2019	Dutch	PDF
Full model	31/12/2017	26/06/2018	24/07/2018	Dutch	PDF
Full model	31/12/2016	07/07/2017	18/07/2017	Dutch	PDF
Full model	31/12/2015	22/07/2016	25/07/2016	Dutch	PDF
Full model	31/12/2014	14/08/2015	25/08/2015	Dutch	PDF
Full model	31/12/2013	27/06/2014	30/07/2014	Dutch	PDF
Full model	31/12/2012	27/06/2013	27/08/2013	Dutch	PDF
Full model	31/12/2011	25/06/2012	20/07/2012	Dutch	PDF
Full model	31/12/2010	17/06/2011	01/07/2011	Dutch	PDF
Full model	31/12/2009	23/06/2010	05/07/2010	Dutch	PDF
Full model	31/12/2008	23/06/2009	06/07/2009	Dutch	PDF
Full model	31/12/2007	10/06/2008	20/06/2008	Dutch	PDF
Full model	31/12/2006	29/05/2007	28/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 12 ended

Active mandates

ANNABEL VAN POUCKE

Director · since 25 août 2021 · until 11 mai 2027

Active

Olivier VAN POUCKE

Director · since 25 août 2021 · until 11 mai 2027

Active

Xavier VAN POUCKE

Director · since 25 août 2021 · until 11 mai 2027

Active

Ended mandates

Annabel Van Poucke

Managing director · since 25 août 2021 · until 11 mai 2027

Ended

Olivier Van Poucke

Managing director · since 25 août 2021 · until 11 mai 2027

Ended

Xavier Van Poucke

Managing director · since 25 août 2021 · until 11 mai 2027

Ended

Annabel Van Poucke

Managing director · since 10 mai 2016 · until 10 mai 2022

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/08/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/01/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/03/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/08/2013
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares31/01/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-417 k €↑
2024
Annual accounts 2024-583,9 k €↓
2023
Annual accounts 2023-308,9 k €↓
2022
Annual accounts 2022-115 k €↓
2021
Annual accounts 2021-27,9 k €↑
2020
Annual accounts 2020-247,2 k €↓
2019
Annual accounts 2019-216,3 k €↑
2018
Annual accounts 2018-397,3 k €↓
2015
Annual accounts 2015142 k €↑
2014
Annual accounts 201420,4 k €↑
2013
Annual accounts 2013-232,1 k €↑
2012
Annual accounts 2012-297,3 k €↓
2011
Annual accounts 2011-76,1 k €↓
2010
Annual accounts 201066,5 k €↓
2009
Annual accounts 2009343,5 k €↓
2008
Annual accounts 2008432 k €↓
2007
Annual accounts 2007571,6 k €↑
2006
Annual accounts 2006469,9 k €
09/07/1952
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Crocodile

Overview

What does Crocodile do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline