APOTHEEK AERNOUT: what changed
What changed
APOTHEEK AERNOUT
NACE 47.730, Retail sale of pharmaceutical products
filed annual accounts (NBB)
Net result for the year
€56,930
2024 · €33,750+€23,180
Equity
€450,282
2024 · €393,352+€56,930
Cash
€77,051
2024 · €50,389+€26,662
Balance sheet total
€688,443
2024 · €639,536+€48,908
Largest movements
Assets
- Cash +€26,662
up €26,662 (+52.9%), from €50,389 to €77,051
mainly Net result for the year (+€56,930) and Trade debts (+€34,123)
- Receivables within one year +€20,806
up €20,806 (+32.0%), from €64,966 to €85,771
of which Trade receivables: +€20,802
- Stocks and contracts +€7,612
up €7,612 (+6.4%), from €118,591 to €126,203
Equity and liabilities
- Reserves +€56,930
up €56,930 (+19.8%), from €288,010 to €344,940
of which Distributable reserves: +€56,930
- Debts after one year -€34,969
down €34,969 (-79.6%), from €43,943 to €8,974
- Trade debts +€34,123
up €34,123 (+43.6%), from €78,225 to €112,347
Income statement
- Gross operating margin +€19,332
up €19,332 (+11.6%), from €166,174 to €185,506
- Depreciation -€7,715
down €7,715 (-25.9%), from €29,794 to €22,080
- Taxes +€4,546
up €4,546 (+36.7%), from €12,379 to €16,925
- Financial charges -€2,786
down €2,786 (-24.4%), from €11,402 to €8,617
- Staff costs +€1,957
up €1,957 (+2.6%), from €75,201 to €77,159
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€33,750
Gross operating margin
+€19,332
Staff costs
-€1,957
Depreciation
+€7,715
Other operating charges
-€4
Financial income
-€144
Financial charges
+€2,786
Taxes
-€4,546
Result 2025
€56,930
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€82,189
Investment
-€15,714
Financing
-€39,814
Cash 2024
€50,389
From operations (derived)
+€82,189
Net result for the year
+€56,930
Depreciation
+€22,080
Stocks and contracts
-€7,612
Receivables within one year
-€20,806
Deferred charges and accrued income
-€194
Trade debts
+€34,123
Tax, wage and social debts
-€121
Other debts
-€1,780
Accrued charges and deferred income
-€431
Investment (derived)
-€15,714
Investment in fixed assets (net)
-€15,714
Financing
-€39,814
Debts after one year
-€34,969
Current portion of long-term debt
-€4,845
Cash 2025
€77,051
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €639,536 | €688,443 | +€48,908 | +7.6% |
| Fixed assets | 21/28 | €402,388 | €396,023 | -€6,365 | -1.6% |
| Tangible fixed assets | 22/27 | €402,388 | €396,023 | -€6,365 | -1.6% |
| Land and buildings | 22 | €394,310 | €376,610 | -€17,700 | -4.5% |
| Plant, machinery and equipment | 23 | €3,505 | €4,371 | +€866 | +24.7% |
| Furniture and vehicles | 24 | €4,573 | €15,041 | +€10,468 | +229% |
| Current assets | 29/58 | €237,148 | €292,421 | +€55,273 | +23.3% |
| Stocks and contracts in progress | 3 | €118,591 | €126,203 | +€7,612 | +6.4% |
| Stocks | 30/36 | €118,591 | €126,203 | +€7,612 | +6.4% |
| Amounts receivable within one year | 40/41 | €64,966 | €85,771 | +€20,806 | +32.0% |
| Trade receivables | 40 | €64,944 | €85,746 | +€20,802 | +32.0% |
| Other amounts receivable | 41 | €21 | €26 | +€4 | +19.2% |
| Cash at bank and in hand | 54/58 | €50,389 | €77,051 | +€26,662 | +52.9% |
| Deferred charges and accrued income | 490/1 | €3,201 | €3,396 | +€194 | +6.1% |
| Total equity and liabilities | 10/49 | €639,536 | €688,443 | +€48,908 | +7.6% |
| Equity | 10/15 | €393,352 | €450,282 | +€56,930 | +14.5% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | €288,010 | €344,940 | +€56,930 | +19.8% |
| Tax-exempt reserves | 132 | €44,155 | €44,155 | = | 0.0% |
| Distributable reserves | 133 | €243,855 | €300,785 | +€56,930 | +23.3% |
| Investment grants | 15 | €20,342 | €20,342 | = | 0.0% |
| Amounts payable | 17/49 | €246,184 | €238,161 | -€8,023 | -3.3% |
| Amounts payable after more than one year | 17 | €43,943 | €8,974 | -€34,969 | -79.6% |
| Financial debts | 170/4 | €43,943 | €8,974 | -€34,969 | -79.6% |
| Amounts payable within one year | 42/48 | €198,788 | €226,166 | +€27,377 | +13.8% |
| Current portion of amounts payable after more than one year | 42 | €39,814 | €34,969 | -€4,845 | -12.2% |
| Trade debts | 44 | €78,225 | €112,347 | +€34,123 | +43.6% |
| Suppliers | 440/4 | €78,225 | €112,347 | +€34,123 | +43.6% |
| Taxes, remuneration and social security | 45 | €18,023 | €17,902 | -€121 | -0.7% |
| Taxes | 450/3 | €9,617 | €9,218 | -€399 | -4.1% |
| Remuneration and social security | 454/9 | €8,406 | €8,684 | +€278 | +3.3% |
| Other amounts payable | 47/48 | €62,727 | €60,947 | -€1,780 | -2.8% |
| Accrued charges and deferred income | 492/3 | €3,452 | €3,021 | -€431 | -12.5% |
| Remuneration, social security and pensions | 62 | €75,201 | €77,159 | +€1,957 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,794 | €22,080 | -€7,715 | -25.9% |
| Other operating charges | 640/8 | €3,791 | €3,796 | +€4 | +0.1% |
| Gross operating margin | 9900 | €166,174 | €185,506 | +€19,332 | +11.6% |
| Operating profit (loss) | 9901 | €57,387 | €82,472 | +€25,085 | +43.7% |
| Financial income | 75/76B | €145 | €1 | -€144 | -99.6% |
| Recurring financial income | 75 | €145 | €1 | -€144 | -99.6% |
| Financial charges | 65/66B | €11,402 | €8,617 | -€2,786 | -24.4% |
| Recurring financial charges | 65 | €11,402 | €8,617 | -€2,786 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €46,129 | €73,856 | +€27,726 | +60.1% |
| Income taxes | 67/77 | €12,379 | €16,925 | +€4,546 | +36.7% |
| Profit (loss) for the period | 9904 | €33,750 | €56,930 | +€23,180 | +68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,750 | €56,930 | +€23,180 | +68.7% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.