ACTIVE

Apotheek Mares

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

49 k €

+35.3% YoY

Gross margin

194,7 k €

-6.3% YoY

Equity

437,2 k €

+3.3% YoY

Workforce

1,6 ETP

-5.9% YoY

What does Apotheek Mares do?

Apotheek Mares is a Private limited company incorporated in 1986. Its main activity is: Dispensing chemist in specialised stores. Its registered office is in De Haan. It employs on average 1,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0429.137.797

Incorporation

09/07/1986

Legal form

Private limited company

Registered office

Driftweg 5
8420 De Haan · FlandreSee on map

Contributed capital

120 000,00 €

Latest accounts

31/12/2025

Average workforce

1,6 ETP

Activities (NACE)

47730Dispensing chemist in specialised stores· main 47730Dispensing chemist in specialised stores 52310Warehousing and support activities for transportation

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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 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	194,7 k €	-6.3%	207,9 k €	+29.0%	161,2 k €	+2.1%	157,9 k €	+15.8%	136,3 k €	+40.5%	97 k €	-26.2%	131,5 k €	+28.7%	102,2 k €	+6.2%	96,3 k €	-28.9%	135,3 k €	+10.8%	122,2 k €	-16.2%	145,8 k €	+12.9%	129,2 k €	+10.3%	117,1 k €	+5.5%	110,9 k €	+11.4%	99,5 k €	-8.1%	108,3 k €	-2.5%	111,2 k €	-3.6%	115,3 k €	-7.7%	125 k €
EBITDA	57,4 k €	+16.4%	49,3 k €	+13.1%	43,6 k €	+6.5%	40,9 k €	+28.4%	31,9 k €	+942%	-3,8 k €	-111%	35 k €	+39.2%	25,2 k €	-24.2%	33,2 k €	-55.1%	73,9 k €	+26.0%	58,6 k €	-22.0%	75,2 k €	+17.7%	63,9 k €	+7.4%	59,5 k €	+24.8%	47,7 k €	+126%	21,1 k €	-41.7%	36,2 k €	-6.6%	38,7 k €	+4.7%	37 k €	-10.4%	41,2 k €
Operating result	55,1 k €	+17.1%	47,1 k €	+15.3%	40,8 k €	+9.2%	37,4 k €	+48.3%	25,2 k €	+266%	-15,2 k €	-165%	23,3 k €	+121%	10,5 k €	+188%	3,7 k €	-91.3%	42,1 k €	+48.0%	28,5 k €	-34.9%	43,8 k €	+11.8%	39,2 k €	+3.7%	37,8 k €	+44.5%	26,1 k €	+3550%	716 €	-95.6%	16,3 k €	-14.6%	19,1 k €	+46.8%	13 k €	-31.2%	18,9 k €
Net result	49 k €	+35.3%	36,3 k €	+7.6%	33,7 k €	+5.6%	31,9 k €	+29.0%	24,7 k €	+275%	-14,1 k €	-191%	15,5 k €	+64.2%	9,4 k €	+71.9%	5,5 k €	-84.5%	35,3 k €	+30.4%	27,1 k €	-23.1%	35,2 k €	+8.9%	32,3 k €	+4.4%	31 k €	+34.9%	23 k €	+16424%	139 €	-98.9%	12,1 k €	-0.1%	12,1 k €	+19.6%	10,2 k €	-34.0%	15,4 k €
Balance sheet
Equity	437,2 k €	+3.3%	423,2 k €	+1.5%	416,9 k €	+5.0%	397,2 k €	+4.9%	378,6 k €	+4.3%	363,1 k €	-3.7%	377,2 k €	+1.8%	370,7 k €	+1.2%	366,3 k €	+0.8%	363,3 k €	-11.8%	412 k €	+4.3%	394,9 k €	+9.8%	359,7 k €	+9.9%	327,3 k €	+10.5%	296,3 k €	+8.4%	273,4 k €	+0.1%	273,2 k €	+4.6%	261,1 k €	+4.9%	248,9 k €	+4.3%	238,8 k €
Total assets	563,5 k €	+2.9%	547,6 k €	+10.3%	496,3 k €	-0.5%	499,1 k €	+6.9%	466,7 k €	+10.2%	423,6 k €	-5.5%	448,1 k €	+4.9%	427,4 k €	-1.5%	434 k €	-4.3%	453,5 k €	-7.3%	489 k €	+6.1%	461,1 k €	+7.3%	429,5 k €	+6.8%	402,3 k €	+8.8%	369,8 k €	+11.1%	332,9 k €	-1.9%	339,3 k €	+2.1%	332,2 k €	+3.3%	321,6 k €	-14.9%	377,8 k €
Cash	81,2 k €	-14.9%	95,4 k €	+89.9%	50,3 k €	-34.1%	76,3 k €	-1.1%	77,1 k €	+17.4%	65,7 k €	-43.5%	116,2 k €	+28.8%	90,3 k €	-26.2%	122,4 k €	-21.2%	155,3 k €	-10.5%	173,4 k €	+25.4%	138,3 k €	+41.1%	98 k €	+16.6%	84,1 k €	+71.7%	49 k €	+11.0%	44,1 k €	+31.7%	33,5 k €	+31.6%	25,4 k €	+46.2%	17,4 k €	-43.7%	30,9 k €
Debts	125,8 k €	+1.5%	124 k €	+57.3%	78,8 k €	-22.1%	101,2 k €	+15.5%	87,7 k €	+45.7%	60,2 k €	-14.8%	70,6 k €	+25.2%	56,4 k €	-15.9%	67,1 k €	-25.3%	89,8 k €	+16.7%	76,9 k €	+32.4%	58,1 k €	-16.8%	69,9 k €	-6.8%	75 k €	+2.1%	73,4 k €	+23.3%	59,5 k €	-9.9%	66,1 k €	-7.1%	71,1 k €	-2.1%	72,6 k €	-47.7%	139 k €
Other
Workforce	1,6 ETP	-5.9%	1,7 ETP	+13.3%	1,5 ETP	-6.3%	1,6 ETP	0.0%	1,6 ETP	0.0%	1,6 ETP	0.0%	1,6 ETP	+23.1%	1,3 ETP	+30.0%	1,0 ETP	+11.1%	0,9 ETP	0.0%	0,9 ETP	0.0%	0,9 ETP	0.0%	0,9 ETP	0.0%	0,9 ETP	-18.2%	1,1 ETP	-21.4%	1,4 ETP	+16.7%	1,2 ETP	-25.0%	1,6 ETP	-11.1%	1,8 ETP	-14.3%	2,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Hélène Mares

Director

Active

VEMATH

Director · 0568.709.218

Represented by Veerle Verlaecke

Active

Ended mandates

Hélène Mares

Manager · since 17 juillet 1986

Ended

Hélène Mares

Mandate

Ended

VEMATH

Mandate · 0568.709.218

Represented by Veerle Verlaecke

Ended

VEMATH

Mandate · 0568.709.218

Represented by Veerle Verlaecke

Ended

At this address

Other companies at this address

Company	CBE no.
DE VUYST CONCEPTS● Active	0807.647.536
VEMATH● Active	0568.709.218
Vereniging van Mede-eigenaars Residentie te De Haan (Klemskerke), Driftweg 5● Active	0876.696.193

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	16/07/2026	17/07/2025	10/06/2024	07/07/2023	23/05/2022	14/06/2021
General meeting	07/07/2026	20/06/2025	17/05/2024	15/06/2023	20/05/2022	21/05/2021
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
Abridged model	31/12/2025	07/07/2026	16/07/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	17/07/2025	Dutch	PDF
Abridged model	31/12/2023	17/05/2024	10/06/2024	Dutch	PDF
Abridged model	31/12/2022	15/06/2023	07/07/2023	Dutch	PDF
Abridged model	31/12/2021	20/05/2022	23/05/2022	Dutch	PDF
Abridged model	31/12/2020	21/05/2021	14/06/2021	Dutch	PDF
Abridged model	31/12/2019	15/05/2020	04/06/2020	Dutch	PDF
Abridged model	31/12/2018	17/05/2019	11/06/2019	Dutch	PDF
Abridged model	31/12/2017	28/06/2018	09/07/2018	Dutch	PDF
Abridged model	31/12/2016	19/05/2017	22/05/2017	Dutch	PDF
Abridged model	31/12/2015	20/05/2016	17/06/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	27/07/2015	Dutch	PDF
Abridged model	31/12/2013	16/05/2014	26/08/2014	Dutch	PDF
Abridged model	31/12/2012	17/05/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	18/05/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	20/05/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	21/05/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	15/05/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	16/05/2008	30/08/2008	Dutch	PDF
Abridged model	31/12/2006	18/05/2007	27/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 2 active · 5 ended

Active mandates

Hélène Mares

Director

Active

VEMATH

Director · 0568.709.218

Represented by Veerle Verlaecke

Active

Ended mandates

Hélène Mares

Manager · since 17 juillet 1986

Ended

Hélène Mares

Mandate

Ended

VEMATH

Mandate · 0568.709.218

Represented by Veerle Verlaecke

Ended

VEMATH

Mandate · 0568.709.218

Represented by Veerle Verlaecke

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/05/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/04/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/10/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - 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 202549 k €↑
2024
Annual accounts 202436,3 k €↑
2023
Annual accounts 202333,7 k €↑
2022
Annual accounts 202231,9 k €↑
2021
Annual accounts 202124,7 k €↑
2020
Annual accounts 2020-14,1 k €↓
2019
Annual accounts 201915,5 k €↑
2018
Annual accounts 20189,4 k €↑
2017
Annual accounts 20175,5 k €↓
2016
Annual accounts 201635,3 k €↑
2015
Annual accounts 201527,1 k €↓
2014
Annual accounts 201435,2 k €↑
2013
Annual accounts 201332,3 k €↑
2012
Annual accounts 201231 k €↑
2011
Annual accounts 201123 k €↑
2010
Annual accounts 2010139 €↓
2009
Annual accounts 200912,1 k €↓
2008
Annual accounts 200812,1 k €↑
2007
Annual accounts 200710,2 k €↓
2006
Annual accounts 200615,4 k €
09/07/1986
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 Mares

Overview

What does Apotheek Mares 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