ACTIVE

GROEP PANORAMA APOTHEKEN

Financial year 2025 · Closed on 31/12/2025

Net result-200,8 k €-128,6 %over 1 year

Gross margin-36,7 k €-102,1 %over 1 year

Equity14,2 M €+116,3 %over 1 year

Identity

Source · BCE/KBO

GROEP PANORAMA APOTHEKEN is a Private limited company incorporated in 2013. Its main activity is: Retail sale of medical and orthopaedic goods in specialised stores. Its registered office is in Lummen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0537.764.436
Incorporation: 29/08/2013
Legal form: Private limited company
Registered office: Dorpsstraat 18
3560 Lummen · FlandreSee on map
Contributed capital: 5 384 123,58 €
Latest accounts: 31/12/2025

Activities (NACE)

47742Retail sale of medical and orthopaedic goods in specialised stores· main 47782Other retail sale of new goods in specialised stores

Joint committees (1)

Contacts

2 public details availableLog in to view

Signals

Solid equityLow riskGood liquidity

Financials

Source · NBB, 12 filings

Trend over 12 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-36,7 k €	-102%	1,7 M €	-2.7%	1,8 M €	+19.6%	1,5 M €	+16.6%	1,3 M €
EBITDA	-38,2 k €	-102%	1,6 M €	-1.1%	1,6 M €	+21.8%	1,3 M €	+20.6%	1,1 M €
Operating result	-73,8 k €	-105%	1,6 M €	-1.2%	1,6 M €	+22.3%	1,3 M €	+21.2%	1,1 M €
Net result	-200,8 k €	-129%	702,7 k €	-9.4%	775,6 k €	+26.0%	615,7 k €	+39.8%	440,3 k €
Balance sheet
Equity	14,2 M €	+116%	6,6 M €	+12.0%	5,9 M €	+15.3%	5,1 M €	+13.8%	4,5 M €
Total assets	19,5 M €	-26.6%	26,6 M €	-1.5%	27 M €	+18.1%	22,9 M €	-3.2%	23,6 M €
Cash	527,9 k €	+468%	93 k €	-68.3%	293,6 k €	+174%	107,2 k €	+8.8%	98,6 k €
Debts	5,3 M €	-73.5%	19,9 M €	-5.4%	21,1 M €	+18.9%	17,7 M €	-7.2%	19,1 M €
Other
Workforce	–		2,9 ETP	-14.7%	3,4 ETP	+3.0%	3,3 ETP	-15.4%	3,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
KONRAD INVEST0656.636.154	Directorsince 12/09/2019Administrator - manager12/09/2019 → 2019 accountsended
GALECINA0524.748.719	Directorsince 28/08/2013Manager28/08/2013 → 2019 accountsended
MANAGEMENT THYS0832.029.178	Directorsince 28/08/2013Manager28/08/2013 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BVBA GALECINA	Manager28/08/2013 → 2015 accounts
BVBA MANAGEMENT THIJS	Manager28/08/2013 → 2015 accounts

Other companies at this address

Dorpsstraat 18 3560 Lummen

Company	CBE no.
APOTHEEK PANORAMA LUMMEN● Active	0424.919.584
Panorama Operations● Active	1019.648.756

Full financial information

Source · NBB

	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	31/07/2026	13/08/2025	29/07/2024	28/07/2023	26/08/2022	29/07/2021
General meeting	30/06/2026	15/07/2025	29/06/2024	30/06/2023	30/06/2022	22/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 12 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/07/2026	Dutch	PDF
Abridged model	31/12/2024	15/07/2025	13/08/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	29/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	28/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	26/08/2022	Dutch	PDF
Abridged model	31/12/2020	22/05/2021	29/07/2021	Dutch	PDF
Abridged model	31/12/2019	23/05/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	25/05/2019	25/07/2019	Dutch	PDF
Abridged model	31/12/2017	26/05/2018	26/06/2018	Dutch	PDF
Abridged model	31/12/2016	27/05/2017	11/07/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	17/06/2016	Dutch	PDF
Abridged model	31/12/2014	23/05/2015	13/07/2015	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
KONRAD INVEST0656.636.154	Directorsince 12/09/2019Administrator - manager12/09/2019 → 2019 accountsended
GALECINA0524.748.719	Directorsince 28/08/2013Manager28/08/2013 → 2019 accountsended
MANAGEMENT THYS0832.029.178	Directorsince 28/08/2013Manager28/08/2013 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BVBA GALECINA	Manager28/08/2013 → 2015 accounts
BVBA MANAGEMENT THIJS	Manager28/08/2013 → 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other29/10/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Capital / shares28/04/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN
PDF
Other11/04/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/01/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares22/08/2019
KAPITAAL - AANDELEN
PDF
Other18/11/2015
BENAMING
PDF
Mandates15/01/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings12 filings

Mandates

GALECINA

KONRAD INVEST

MANAGEMENT THYS

BVBA MANAGEMENT THIJS

BVBA GALECINA

20132014201520162017201820192020202120222023202420252026

GROEP PANORAMA APOTHEKEN

Dorpsstraat 18, 3560 Lummen

DirectorManager

Director

DirectorManager

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Dorpsstraat 18, 3560 LummenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00364731

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
GROEP PANORAMA APOTHEKENCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00364731

Events

2025
Annual accounts 2025-200,8 k €↓
2024
Annual accounts 2024702,7 k €↓
2023
Annual accounts 2023775,6 k €↑
2022
Annual accounts 2022615,7 k €↑
2021
Annual accounts 2021440,3 k €↓
2020
Annual accounts 2020539,8 k €↓
2019
Annual accounts 2019641,3 k €↑
2018
Annual accounts 2018124 k €↓
2017
Annual accounts 2017126,6 k €↑
2016
Annual accounts 2016113,1 k €↓
2015
Annual accounts 2015134,5 k €↑
2014
Annual accounts 201453,5 k €
29/08/2013
IncorporationPrivate limited company

GROEP PANORAMA APOTHEKEN

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events