APOTEEK HANCOUR: 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 HANCOUR
Largest movements
- Receivables within one year -€40,215
down €40,215 (-17.0%), from €237,011 to €196,797
of which Other amounts receivable: -€50,705
- Tangible fixed assets -€15,530
down €15,530 (-25.1%), from €61,957 to €46,428
of which Other tangible fixed assets: -€15,498
- Cash -€8,651
down €8,651 (-15.0%), from €57,816 to €49,164
mainly Other debts (-€109,744) and Tax, wage and social debts (-€16,990)
- Stocks and contracts -€6,866
down €6,866 (-10.5%), from €65,628 to €58,762
- Other debts -€109,744
down €109,744 (-46.6%), from €235,476 to €125,732
- Reserves +€76,029
up €76,029 (+3,790%), from €2,006 to €78,035
of which Distributable reserves: +€76,029
- Tax, wage and social debts -€16,990
down €16,990 (-52.2%), from €32,545 to €15,556
- Debts after one year -€15,330
down €15,330 (-23.9%), from €64,182 to €48,852
- Trade debts +€14,372
up €14,372 (+44.2%), from €32,545 to €46,917
- Financial charges +€10,457
up €10,457 (+223%), from €4,690 to €15,146
- Gross operating margin -€10,444
down €10,444 (-7.3%), from €143,942 to €133,498
- Taxes -€6,468
down €6,468 (-19.8%), from €32,722 to €26,254
- Financial income -€1,648
down €1,648 (-56.3%), from €2,927 to €1,280
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 | €425,855 | €354,659 | -€71,196 | -16.7% |
| Fixed assets | 21/28 | €62,825 | €47,296 | -€15,530 | -24.7% |
| Tangible fixed assets | 22/27 | €61,957 | €46,428 | -€15,530 | -25.1% |
| Plant, machinery and equipment | 23 | €1,518 | €733 | -€785 | -51.7% |
| Furniture and vehicles | 24 | - | €753 | +€753 | |
| Other tangible fixed assets | 26 | €60,439 | €44,941 | -€15,498 | -25.6% |
| Financial fixed assets | 28 | €868 | €868 | = | 0.0% |
| Current assets | 29/58 | €363,030 | €307,364 | -€55,666 | -15.3% |
| Stocks and contracts in progress | 3 | €65,628 | €58,762 | -€6,866 | -10.5% |
| Stocks | 30/36 | €65,628 | €58,762 | -€6,866 | -10.5% |
| Amounts receivable within one year | 40/41 | €237,011 | €196,797 | -€40,215 | -17.0% |
| Trade receivables | 40 | €70,893 | €81,383 | +€10,490 | +14.8% |
| Other amounts receivable | 41 | €166,118 | €115,414 | -€50,705 | -30.5% |
| Current investments | 50/53 | €3 | €3 | -€0 | -4.6% |
| Cash at bank and in hand | 54/58 | €57,816 | €49,164 | -€8,651 | -15.0% |
| Deferred charges and accrued income | 490/1 | €2,571 | €2,638 | +€67 | +2.6% |
| Total equity and liabilities | 10/49 | €425,855 | €354,659 | -€71,196 | -16.7% |
| Equity | 10/15 | €26,244 | €102,272 | +€76,029 | +290% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €2,006 | €78,035 | +€76,029 | +3,790% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,006 | €78,035 | +€76,029 | +3,790% |
| Profit (loss) carried forward | 14 | €5,487 | €5,487 | = | 0.0% |
| Amounts payable | 17/49 | €399,611 | €252,387 | -€147,225 | -36.8% |
| Amounts payable after more than one year | 17 | €64,182 | €48,852 | -€15,330 | -23.9% |
| Financial debts | 170/4 | €64,182 | €48,852 | -€15,330 | -23.9% |
| Amounts payable within one year | 42/48 | €335,429 | €203,535 | -€131,895 | -39.3% |
| Current portion of amounts payable after more than one year | 42 | €22,363 | €15,330 | -€7,033 | -31.5% |
| Financial debts | 43 | €12,500 | €0 | -€12,500 | -100% |
| Credit institutions | 430/8 | €12,500 | €0 | -€12,500 | -100% |
| Trade debts | 44 | €32,545 | €46,917 | +€14,372 | +44.2% |
| Suppliers | 440/4 | €32,545 | €46,917 | +€14,372 | +44.2% |
| Taxes, remuneration and social security | 45 | €32,545 | €15,556 | -€16,990 | -52.2% |
| Taxes | 450/3 | €32,545 | €15,556 | -€16,990 | -52.2% |
| Other amounts payable | 47/48 | €235,476 | €125,732 | -€109,744 | -46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,362 | €16,331 | -€1,031 | -5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €772 | €1,018 | +€245 | +31.8% |
| Gross operating margin | 9900 | €143,942 | €133,498 | -€10,444 | -7.3% |
| Operating profit (loss) | 9901 | €125,807 | €116,150 | -€9,658 | -7.7% |
| Financial income | 75/76B | €2,927 | €1,280 | -€1,648 | -56.3% |
| Recurring financial income | 75 | €2,927 | €1,280 | -€1,648 | -56.3% |
| Financial charges | 65/66B | €4,690 | €15,146 | +€10,457 | +223% |
| Recurring financial charges | 65 | €4,690 | €15,146 | +€10,457 | +223% |
| Profit (loss) for the period before taxes | 9903 | €124,045 | €102,283 | -€21,762 | -17.5% |
| Income taxes | 67/77 | €32,722 | €26,254 | -€6,468 | -19.8% |
| Profit (loss) for the period | 9904 | €91,323 | €76,029 | -€15,294 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €91,323 | €76,029 | -€15,294 | -16.7% |
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 1 November 2026 via checked.be.