ACTIVE

Geassocieerde Apotheek Merksem

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Financial year 2025 · Closed on 31/12/2025

Net result27,5 k €-17,1 %over 1 year

Gross margin191,1 k €+2,2 %over 1 year

Equity490,4 k €+5,9 %over 1 year

Workforce2,0 ETP+5,3 %over 1 year

Identity

Source · BCE/KBO

Geassocieerde Apotheek Merksem is a Private limited company incorporated in 2007. Its main activity is: Dispensing chemist in specialised stores. Its registered office is in Antwerpen. It employs on average 2,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0890.315.983
Incorporation: 25/06/2007
Legal form: Private limited company
Registered office: Weggestraat 5
2170 Antwerpen · FlandreSee on map
Contributed capital: 20 000,00 €
Latest accounts: 31/12/2025
Average workforce: 2,0 ETP

Activities (NACE)

47730Dispensing chemist in specialised stores· main 47730Dispensing chemist in specialised stores 52310Warehousing and support activities for transportation 47740Retail sale of medical and orthopaedic goods in specialised stores 47741Retail sale of medical and orthopaedic goods in specialised stores 47750Retail sale of cosmetic and toilet articles in specialised stores+3

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	191,1 k €	+2.2%	187,1 k €	+19.2%	156,9 k €	-24.7%	208,4 k €	+6.6%	195,5 k €
EBITDA	32,5 k €	-31.3%	47,3 k €	-27.6%	65,3 k €	-9.7%	72,3 k €	-7.9%	78,5 k €
Operating result	31,7 k €	-31.9%	46,5 k €	-27.7%	64,3 k €	-9.8%	71,2 k €	-8.1%	77,5 k €
Net result	27,5 k €	-17.1%	33,1 k €	-29.8%	47,2 k €	-11.5%	53,4 k €	-8.8%	58,5 k €
Balance sheet
Equity	490,4 k €	+5.9%	462,9 k €	+7.7%	429,8 k €	+12.3%	382,5 k €	+16.2%	329,2 k €
Total assets	623,9 k €	+8.9%	572,9 k €	-6.3%	611,2 k €	+4.6%	584,5 k €	+16.1%	503,3 k €
Cash	9,2 k €	+74.1%	5,3 k €	-90.4%	54,6 k €	+2.3%	53,4 k €	+150%	21,3 k €
Debts	133,5 k €	+21.4%	110 k €	-39.4%	181,5 k €	-10.1%	202 k €	+16.0%	174,1 k €
Other
Workforce	2,0 ETP	+5.3%	1,9 ETP	-5.0%	2,0 ETP	0.0%	2,0 ETP	+11.1%	1,8 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

2 active · 11 ended

Active mandates

A. Pirlot

Director · since 18 mai 2025 · until 30 juin 2031

Active

J. Mannaerts

Director · since 30 juin 2023 · until 30 juin 2029

Active

Ended mandates

A. Pirlot

Director · since 21 mai 2019 · until 21 mai 2025

Ended

A. Pirlot

Director · since 20 mai 2019 · until 19 mai 2025

Ended

A. Pirlot

Director · since 20 mai 2019 · until 20 mai 2025

Ended

J. Mannaerts

Director · since 31 mars 2017 · until 15 mai 2023

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro 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	28/07/2026	30/07/2025	08/08/2024	25/07/2023	27/07/2022	11/06/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	17/05/2021
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, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	28/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	08/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	25/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	27/07/2022	Dutch	PDF
Micro model	31/12/2020	17/05/2021	11/06/2021	Dutch	PDF
Micro model	31/12/2019	29/06/2020	30/07/2020	Dutch	PDF
Abridged model	31/12/2018	20/05/2019	17/06/2019	Dutch	PDF
Abridged model	31/12/2017	22/05/2018	30/05/2018	Dutch	PDF
Abridged model	31/12/2016	15/05/2017	13/06/2017	Dutch	PDF
Abridged model	31/12/2015	16/05/2016	15/06/2016	Dutch	PDF
Abridged model	31/12/2014	18/05/2015	16/06/2015	Dutch	PDF
Abridged model	31/12/2013	21/05/2014	16/06/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	30/05/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	25/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	27/07/2011	Dutch	PDF
Abridged model	31/12/2009	21/06/2010	08/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/06/2009	08/10/2009	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

2 active · 11 ended

Active mandates

A. Pirlot

Director · since 18 mai 2025 · until 30 juin 2031

Active

J. Mannaerts

Director · since 30 juin 2023 · until 30 juin 2029

Active

Ended mandates

A. Pirlot

Director · since 21 mai 2019 · until 21 mai 2025

Ended

A. Pirlot

Director · since 20 mai 2019 · until 19 mai 2025

Ended

A. Pirlot

Director · since 20 mai 2019 · until 20 mai 2025

Ended

J. Mannaerts

Director · since 31 mars 2017 · until 15 mai 2023

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates21/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/05/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/09/2013
ONTSLAGEN - BENOEMINGEN
PDF
Other04/07/2007
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

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

See the Business plan

Timeline

2025
Annual accounts 202527,5 k €↓
2024
Annual accounts 202433,1 k €↓
2023
Annual accounts 202347,2 k €↓
2023
Name changeG.A. Merksem
2022
Annual accounts 202253,4 k €↓
2021
Annual accounts 202158,5 k €↑
2021
Name changeGeassocieerde Apotheek Merksem
2020
Annual accounts 202033,5 k €↓
2019
Annual accounts 201946,6 k €↑
2018
Annual accounts 201833,2 k €↓
2017
Annual accounts 201736,4 k €↓
2016
Annual accounts 201673 k €↑
2015
Annual accounts 201560,5 k €↓
2014
Annual accounts 201470,6 k €↑
2013
Annual accounts 201334,3 k €↑
2012
Annual accounts 201231,2 k €↓
2011
Annual accounts 201144,9 k €↓
2010
Annual accounts 201046,8 k €↑
2009
Annual accounts 200945,3 k €↑
2008
Annual accounts 200830,2 k €
25/06/2007
IncorporationPrivate limited company

Geassocieerde Apotheek Merksem

Overview

Identity

Financials

Valuation

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

Timeline