ACTIVE

APOTHEEK GLORIEUX

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Financial year 2025 · closed on 31/12/2025

Net result

362,6 k €

-8.4% YoY

Gross margin

568,2 k €

-4.1% YoY

Equity

470,1 k €

+1.6% YoY

Workforce

2,6 ETP

+8.3% YoY

What does APOTHEEK GLORIEUX do?

APOTHEEK GLORIEUX is a Private limited company incorporated in 1980. Its registered office is in Zwevegem. It employs on average 2,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0420.109.869

Incorporation

03/01/1980

Legal form

Private limited company

Registered office

Otegemstraat(Z) 42
8550 Zwevegem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

2,6 ETP

Joint committees (1)

Contacts

3 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	568,2 k €	-4.1%	592,7 k €	+6.7%	555,6 k €	-2.8%	571,7 k €	+4.3%	547,9 k €	-9.0%	602 k €	+36.4%	441,4 k €	-4.5%	462,2 k €	-1.4%	468,8 k €	-12.0%	532,6 k €	+17.3%	454,1 k €	+1.8%	446 k €	+36.0%	327,8 k €	+8.5%	302,2 k €	+72.2%	175,5 k €	+27.6%	137,5 k €	-45.6%	252,9 k €	-6.9%	271,5 k €	-0.7%	273,3 k €	+12.6%	242,8 k €
EBITDA	392,1 k €	-12.0%	445,6 k €	+18.7%	375,6 k €	-5.4%	396,9 k €	+1.7%	390,1 k €	-7.5%	421,7 k €	+65.7%	254,5 k €	-20.7%	321 k €	+16.4%	275,8 k €	-10.1%	306,8 k €	+29.3%	237,3 k €	+17.2%	202,4 k €	+88.3%	107,5 k €	+54.3%	69,7 k €	+196%	-72,3 k €	-11.0%	-65,2 k €	-229%	50,4 k €	-40.0%	84 k €	-12.2%	95,6 k €	+23.6%	77,3 k €
Operating result	359,6 k €	-11.4%	405,8 k €	+20.5%	336,8 k €	-6.7%	360,8 k €	-1.0%	364,5 k €	-9.0%	400,4 k €	+74.8%	229,1 k €	-22.6%	296 k €	+16.3%	254,5 k €	-12.5%	290,9 k €	+30.9%	222,3 k €	+23.5%	179,9 k €	+112%	84,9 k €	+184%	29,9 k €	+126%	-115,4 k €	-10.0%	-104,8 k €	-874%	13,5 k €	-64.7%	38,4 k €	-23.1%	49,9 k €	+62.6%	30,7 k €
Net result	362,6 k €	-8.4%	395,9 k €	+18.0%	335,6 k €	-7.2%	361,7 k €	-1.1%	365,8 k €	-8.9%	401,4 k €	+75.1%	229,2 k €	-22.6%	296 k €	+16.2%	254,7 k €	-10.8%	285,5 k €	+24.5%	229,3 k €	+23.4%	185,8 k €	+86.1%	99,8 k €	+105%	48,7 k €	-82.1%	272,2 k €	+6555%	-4,2 k €	-117%	24,8 k €	-52.0%	51,8 k €	-9.2%	57 k €	+41.9%	40,2 k €
Balance sheet
Equity	470,1 k €	+1.6%	462,6 k €	+1.3%	456,6 k €	+0.1%	456 k €	+0.4%	454,3 k €	+1.3%	448,5 k €	+0.3%	447,1 k €	-0.2%	447,9 k €	+1.4%	441,9 k €	+1.1%	437,2 k €	+3.7%	421,7 k €	-7.5%	455,8 k €	-69.0%	1,5 M €	+7.3%	1,4 M €	+1.2%	1,4 M €	+20.7%	1,1 M €	-0.4%	1,1 M €	+2.3%	1,1 M €	+4.9%	1 M €	+5.7%	991,9 k €
Total assets	838,4 k €	+14.8%	730,5 k €	-1.9%	744,9 k €	-2.3%	762,1 k €	-0.0%	762,1 k €	+10.6%	689,3 k €	-6.5%	737,6 k €	-3.0%	760,7 k €	+11.0%	685,4 k €	-6.5%	732,7 k €	-9.6%	810,9 k €	-56.5%	1,9 M €	+15.6%	1,6 M €	+3.3%	1,6 M €	+0.8%	1,5 M €	+17.7%	1,3 M €	+3.1%	1,3 M €	-6.3%	1,4 M €	+7.5%	1,3 M €	+0.9%	1,3 M €
Cash	106,1 k €	+853%	11,1 k €	-82.6%	64 k €	-30.8%	92,5 k €	-6.6%	99 k €	+5.4%	93,9 k €	-32.8%	139,8 k €	+15.0%	121,6 k €	+116%	56,2 k €	-57.9%	133,6 k €	-25.1%	178,4 k €	+511%	29,2 k €	-94.6%	539 k €	+169%	200,2 k €	-51.2%	409,9 k €	+2.8%	398,9 k €	+100%	199,3 k €	-24.0%	262,4 k €	+52.4%	172,1 k €	+37.1%	125,6 k €
Debts	368,3 k €	+37.5%	267,9 k €	-7.1%	288,3 k €	-5.8%	306,1 k €	-0.6%	307,9 k €	+27.8%	240,8 k €	-17.1%	290,5 k €	-7.1%	312,8 k €	+28.5%	243,4 k €	-17.6%	295,5 k €	-24.1%	389,1 k €	-72.4%	1,4 M €	+1028%	125 k €	-26.7%	170,4 k €	-3.5%	176,7 k €	+1.7%	173,7 k €	+34.3%	129,3 k €	-46.1%	239,8 k €	+21.3%	197,8 k €	-17.7%	240,3 k €
Other
Workforce	2,6 ETP	+8.3%	2,4 ETP	-14.3%	2,8 ETP	-3.4%	2,9 ETP	-3.3%	3,0 ETP	-11.8%	3,4 ETP	-2.9%	3,5 ETP	+9.4%	3,2 ETP	-5.9%	3,4 ETP	-20.9%	4,3 ETP	+4.9%	4,1 ETP	0.0%	4,1 ETP	+7.9%	3,8 ETP	-2.6%	3,9 ETP	-15.2%	4,6 ETP	+9.5%	4,2 ETP	0.0%	4,2 ETP	-4.5%	4,4 ETP	+15.8%	3,8 ETP	-9.5%	4,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 24 ended

Active mandates

GLOPHARMA

Director · 0819.017.223

Represented by Glorieux Ruben

Active

Ended mandates

GLOPHARMA

Managing director · since 02 janvier 2015 · 0819.017.223

Represented by Ruben Glorieux

Ended

Frank Coene

Chairman of the board of directors · since 02 janvier 2014 · until 10 mai 2015

Ended

Frank Coene

Chairman of the board of directors · since 02 janvier 2014

Ended

PHILLAUR

Managing director · since 02 janvier 2014 · until 31 décembre 2014 · 0431.573.289

Represented by Pol Windels

Ended

At this address

Other companies at this address

Company	CBE no.
Christine Van Laer● Active	1033.867.372
GLOPHARMA● Active	0819.017.223

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	18/06/2026	18/07/2025	30/09/2024	26/06/2023	24/06/2022	25/06/2021
General meeting	10/06/2026	03/05/2025	04/05/2024	06/05/2023	07/05/2022	03/05/2021
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

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	10/06/2026	18/06/2026	Dutch	PDF
Abridged model	31/12/2024	03/05/2025	18/07/2025	Dutch	PDF
Abridged modelCorrection	31/12/2023	04/05/2024	30/09/2024	Dutch	PDF
Abridged model	31/12/2023	04/05/2024	22/08/2024	Dutch	PDF
Abridged model	31/12/2022	06/05/2023	26/06/2023	Dutch	PDF
Abridged model	31/12/2021	07/05/2022	24/06/2022	Dutch	PDF
Abridged model	31/12/2020	03/05/2021	25/06/2021	Dutch	PDF
Abridged model	31/12/2019	02/05/2020	29/06/2020	Dutch	PDF
Abridged model	31/12/2018	04/05/2019	24/06/2019	Dutch	PDF
Abridged model	31/12/2017	05/05/2018	28/06/2018	Dutch	PDF
Abridged model	31/12/2016	06/05/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	07/05/2016	10/06/2016	Dutch	PDF
Abridged model	31/12/2014	22/04/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	03/05/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	04/05/2013	30/05/2013	Dutch	PDF
Abridged model	31/12/2011	05/05/2012	04/06/2012	Dutch	PDF
Abridged model	31/12/2010	07/05/2011	26/05/2011	Dutch	PDF
Abridged model	31/12/2009	03/05/2010	07/05/2010	Dutch	PDF
Abridged model	31/12/2008	02/05/2009	28/05/2009	Dutch	PDF
Abridged model	31/12/2007	03/05/2008	16/05/2008	Dutch	PDF
Abridged model	31/12/2006	05/05/2007	21/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active · 24 ended

Active mandates

GLOPHARMA

Director · 0819.017.223

Represented by Glorieux Ruben

Active

Ended mandates

GLOPHARMA

Managing director · since 02 janvier 2015 · 0819.017.223

Represented by Ruben Glorieux

Ended

Frank Coene

Chairman of the board of directors · since 02 janvier 2014 · until 10 mai 2015

Ended

Frank Coene

Chairman of the board of directors · since 02 janvier 2014

Ended

PHILLAUR

Managing director · since 02 janvier 2014 · until 31 décembre 2014 · 0431.573.289

Represented by Pol Windels

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/06/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/04/2015
BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates09/04/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/02/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/02/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/06/2011
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares21/10/2005
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 2025362,6 k €↓
2024
Annual accounts 2024395,9 k €↑
2023
Annual accounts 2023335,6 k €↓
2022
Annual accounts 2022361,7 k €↓
2021
Annual accounts 2021365,8 k €↓
2020
Annual accounts 2020401,4 k €↑
2019
Annual accounts 2019229,2 k €↓
2018
Annual accounts 2018296 k €↑
2017
Annual accounts 2017254,7 k €↓
2016
Annual accounts 2016285,5 k €↑
2015
Annual accounts 2015229,3 k €↑
2014
Annual accounts 2014185,8 k €↑
2014
Name changeAPOTHEEK GLORIEUX
2013
Annual accounts 201399,8 k €↑
2012
Annual accounts 201248,7 k €↓
2011
Annual accounts 2011272,2 k €↑
2010
Annual accounts 2010-4,2 k €↓
2009
Annual accounts 200924,8 k €↓
2008
Annual accounts 200851,8 k €↓
2007
Annual accounts 200757 k €↑
2006
Annual accounts 200640,2 k €
2006
Name changeAPOTHEEK WINDELS
03/01/1980
IncorporationPrivate 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

APOTHEEK GLORIEUX

Overview

What does APOTHEEK GLORIEUX do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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