APOTHEEK AERNOUTS: what changed
What changed
APOTHEEK AERNOUTS
NACE 47.730, Retail sale of pharmaceutical products
filed annual accounts (NBB)
Net result for the year
€53,096
2025 · €54,852-€1,757
Equity
€705,434
2025 · €654,675+€50,759
Cash
€593,815
2025 · €519,267+€74,548
Balance sheet total
€1.0m
2025 · €918,092+€85,055
Largest movements
Assets
- Cash +€74,548
up €74,548 (+14.4%), from €519,267 to €593,815
mainly Trade debts (+€56,746) and Net result for the year (+€53,096)
- Tangible fixed assets -€40,582
down €40,582 (-37.7%), from €107,534 to €66,952
of which Furniture and vehicles: -€20,995
- Stocks and contracts +€31,732
up €31,732 (+17.0%), from €186,720 to €218,452
- Receivables within one year +€18,999
up €18,999 (+19.7%), from €96,291 to €115,290
of which Trade receivables: +€13,359
Equity and liabilities
- Trade debts +€56,746
up €56,746 (+34.3%), from €165,352 to €222,098
- Profit (loss) carried forward +€50,759
up €50,759 (+8.0%), from €634,224 to €684,982
- Current portion of long-term debt -€19,211
down €19,211 (-100%), from €19,211 to €0
Income statement
- Staff costs -€7,784
down €7,784 (-6.6%), from €118,609 to €110,825
- Gross operating margin -€5,742
down €5,742 (-2.4%), from €238,972 to €233,229
- Financial income -€3,394
down €3,394 (-77.2%), from €4,398 to €1,004
Change in the result, 2025 to 2026
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 2025
€54,852
Gross operating margin
-€5,742
Staff costs
+€7,784
Depreciation
+€654
Other operating charges
-€49
Financial income
-€3,394
Financial charges
-€1,765
Taxes
+€754
Result 2026
€53,096
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€97,368
Investment
-€1,272
Financing
-€21,548
Cash 2025
€519,267
From operations (derived)
+€97,368
Net result for the year
+€53,096
Depreciation
+€41,854
Stocks and contracts
-€31,732
Receivables within one year
-€18,999
Deferred charges and accrued income
-€358
Trade debts
+€56,746
Tax, wage and social debts
-€5,041
Other debts
+€2,185
Accrued charges and deferred income
-€383
Investment (derived)
-€1,272
Investment in fixed assets (net)
-€1,272
Financing
-€21,548
Current portion of long-term debt
-€19,211
Contributions, distributions and other
-€2,337
Cash 2026
€593,815
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €918,092 | €1,003,147 | +€85,055 | +9.3% |
| Fixed assets | 21/28 | €108,337 | €67,755 | -€40,582 | -37.5% |
| Tangible fixed assets | 22/27 | €107,534 | €66,952 | -€40,582 | -37.7% |
| Land and buildings | 22 | €17,001 | €0 | -€17,001 | -100% |
| Plant, machinery and equipment | 23 | €18,939 | €16,353 | -€2,587 | -13.7% |
| Furniture and vehicles | 24 | €71,594 | €50,599 | -€20,995 | -29.3% |
| Financial fixed assets | 28 | €803 | €803 | = | 0.0% |
| Current assets | 29/58 | €809,755 | €935,392 | +€125,637 | +15.5% |
| Stocks and contracts in progress | 3 | €186,720 | €218,452 | +€31,732 | +17.0% |
| Stocks | 30/36 | €186,720 | €218,452 | +€31,732 | +17.0% |
| Amounts receivable within one year | 40/41 | €96,291 | €115,290 | +€18,999 | +19.7% |
| Trade receivables | 40 | €91,835 | €105,194 | +€13,359 | +14.5% |
| Other amounts receivable | 41 | €4,456 | €10,095 | +€5,640 | +127% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €519,267 | €593,815 | +€74,548 | +14.4% |
| Deferred charges and accrued income | 490/1 | €7,478 | €7,835 | +€358 | +4.8% |
| Total equity and liabilities | 10/49 | €918,092 | €1,003,147 | +€85,055 | +9.3% |
| Equity | 10/15 | €654,675 | €705,434 | +€50,759 | +7.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €634,224 | €684,982 | +€50,759 | +8.0% |
| Amounts payable | 17/49 | €263,417 | €297,714 | +€34,296 | +13.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €259,464 | €294,143 | +€34,679 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €19,211 | €0 | -€19,211 | -100% |
| Trade debts | 44 | €165,352 | €222,098 | +€56,746 | +34.3% |
| Suppliers | 440/4 | €165,352 | €222,098 | +€56,746 | +34.3% |
| Taxes, remuneration and social security | 45 | €24,013 | €18,972 | -€5,041 | -21.0% |
| Taxes | 450/3 | €1,248 | €1,136 | -€112 | -9.0% |
| Remuneration and social security | 454/9 | €22,765 | €17,836 | -€4,929 | -21.7% |
| Other amounts payable | 47/48 | €50,889 | €53,074 | +€2,185 | +4.3% |
| Accrued charges and deferred income | 492/3 | €3,953 | €3,571 | -€383 | -9.7% |
| Remuneration, social security and pensions | 62 | €118,609 | €110,825 | -€7,784 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,509 | €41,854 | -€654 | -1.5% |
| Other operating charges | 640/8 | €344 | €393 | +€49 | +14.3% |
| Gross operating margin | 9900 | €238,972 | €233,229 | -€5,742 | -2.4% |
| Operating profit (loss) | 9901 | €77,509 | €80,157 | +€2,647 | +3.4% |
| Financial income | 75/76B | €4,398 | €1,004 | -€3,394 | -77.2% |
| Recurring financial income | 75 | €4,398 | €1,004 | -€3,394 | -77.2% |
| Financial charges | 65/66B | €7,133 | €8,898 | +€1,765 | +24.7% |
| Recurring financial charges | 65 | €7,133 | €8,898 | +€1,765 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €74,773 | €72,262 | -€2,511 | -3.4% |
| Income taxes | 67/77 | €19,921 | €19,167 | -€754 | -3.8% |
| Profit (loss) for the period | 9904 | €54,852 | €53,096 | -€1,757 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,852 | €53,096 | -€1,757 | -3.2% |
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 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.