APOTEEK DREEZEN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
APOTEEK DREEZEN
Largest movements
- Tangible fixed assets +€392,518
new in 2025: €392,518
of which Land and buildings: +€364,707
- Cash -€140,983
down €140,983 (-45.0%), from €313,057 to €172,074
mainly Investment in fixed assets (net) (-€435,301) and Receivables within one year (-€44,010)
- Receivables within one year +€44,010
up €44,010 (+37.5%), from €117,490 to €161,500
of which Other amounts receivable: +€62,089
- Stocks and contracts +€26,742
up €26,742 (+22.1%), from €121,156 to €147,898
- Deferred charges and accrued income -€10,781
down €10,781 (-86.0%), from €12,539 to €1,758
- Debts after one year +€255,352
new in 2025: €255,352
- Short-term financial debts +€71,284
new in 2025: €71,284
of which Other loans: +€68,750
- Other debts -€41,305
down €41,305 (-100%), from €41,305 to €0
- Current portion of long-term debt +€27,816
new in 2025: €27,816
- Reserves +€19,132
up €19,132 (+4.5%), from €428,639 to €447,772
- Depreciation +€36,483
up €36,483 (+6,087%), from €599 to €37,082
- Taxes -€24,266
down €24,266 (-100.0%), from €24,266 to €0
- Staff costs +€20,111
up €20,111 (+97.5%), from €20,621 to €40,732
- Financial charges +€14,588
up €14,588 (+2,662%), from €548 to €15,137
- Financial income -€14,276
down €14,276 (-93.2%), from €15,319 to €1,043
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €565,007 | €882,214 | +€317,207 | +56.1% |
| Fixed assets | 21/28 | €765 | €398,984 | +€398,218 | +52,037% |
| Intangible fixed assets | 21 | €765 | €166 | -€599 | -78.3% |
| Tangible fixed assets | 22/27 | - | €392,518 | +€392,518 | |
| Land and buildings | 22 | - | €364,707 | +€364,707 | |
| Plant, machinery and equipment | 23 | - | €19,773 | +€19,773 | |
| Furniture and vehicles | 24 | - | €8,038 | +€8,038 | |
| Financial fixed assets | 28 | - | €6,300 | +€6,300 | |
| Current assets | 29/58 | €564,242 | €483,230 | -€81,012 | -14.4% |
| Stocks and contracts in progress | 3 | €121,156 | €147,898 | +€26,742 | +22.1% |
| Stocks | 30/36 | €121,156 | €147,898 | +€26,742 | +22.1% |
| Amounts receivable within one year | 40/41 | €117,490 | €161,500 | +€44,010 | +37.5% |
| Trade receivables | 40 | €117,490 | €99,410 | -€18,079 | -15.4% |
| Other amounts receivable | 41 | - | €62,089 | +€62,089 | |
| Cash at bank and in hand | 54/58 | €313,057 | €172,074 | -€140,983 | -45.0% |
| Deferred charges and accrued income | 490/1 | €12,539 | €1,758 | -€10,781 | -86.0% |
| Total equity and liabilities | 10/49 | €565,007 | €882,214 | +€317,207 | +56.1% |
| Equity | 10/15 | €447,231 | €466,364 | +€19,132 | +4.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €428,639 | €447,772 | +€19,132 | +4.5% |
| Distributable reserves | 133 | €428,639 | €447,772 | +€19,132 | +4.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €117,776 | €415,850 | +€298,074 | +253% |
| Amounts payable after more than one year | 17 | - | €255,352 | +€255,352 | |
| Financial debts | 170/4 | - | €255,352 | +€255,352 | |
| Amounts payable within one year | 42/48 | €117,776 | €151,602 | +€33,826 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | - | €27,816 | +€27,816 | |
| Financial debts | 43 | - | €71,284 | +€71,284 | |
| Credit institutions | 430/8 | - | €2,534 | +€2,534 | |
| Other loans | 439 | - | €68,750 | +€68,750 | |
| Trade debts | 44 | €63,724 | €48,111 | -€15,613 | -24.5% |
| Suppliers | 440/4 | €63,724 | €48,111 | -€15,613 | -24.5% |
| Taxes, remuneration and social security | 45 | €12,747 | €4,392 | -€8,355 | -65.5% |
| Taxes | 450/3 | €10,282 | €0 | -€10,282 | -100% |
| Remuneration and social security | 454/9 | €2,464 | €4,392 | +€1,927 | +78.2% |
| Other amounts payable | 47/48 | €41,305 | €0 | -€41,305 | -100% |
| Accrued charges and deferred income | 492/3 | - | €8,896 | +€8,896 | |
| Remuneration, social security and pensions | 62 | €20,621 | €40,732 | +€20,111 | +97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €599 | €37,082 | +€36,483 | +6,087% |
| Other operating charges | 640/8 | €1,143 | €1,277 | +€134 | +11.7% |
| Gross operating margin | 9900 | €98,071 | €112,318 | +€14,247 | +14.5% |
| Operating profit (loss) | 9901 | €75,707 | €33,226 | -€42,481 | -56.1% |
| Financial income | 75/76B | €15,319 | €1,043 | -€14,276 | -93.2% |
| Recurring financial income | 75 | €15,319 | €1,043 | -€14,276 | -93.2% |
| Financial charges | 65/66B | €548 | €15,137 | +€14,588 | +2,662% |
| Recurring financial charges | 65 | €548 | €15,137 | +€14,588 | +2,662% |
| Profit (loss) for the period before taxes | 9903 | €90,478 | €19,133 | -€71,345 | -78.9% |
| Income taxes | 67/77 | €24,266 | €0 | -€24,266 | -100.0% |
| Profit (loss) for the period | 9904 | €66,212 | €19,132 | -€47,080 | -71.1% |
| Profit (loss) for the period to be appropriated | 9905 | €66,212 | €19,132 | -€47,080 | -71.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.