APOTHEEK ALAERTS: 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.
APOTHEEK ALAERTS
Largest movements
- Cash +€23,122
up €23,122 (+59.9%), from €38,611 to €61,732
mainly Net result for the year (+€55,325) and Receivables within one year (+€16,731)
- Receivables within one year -€16,731
down €16,731 (-9.5%), from €175,504 to €158,773
of which Other amounts receivable: -€19,073
- Tangible fixed assets -€8,163
down €8,163 (-37.9%), from €21,521 to €13,358
of which Land and buildings: -€6,393
- Stocks and contracts +€5,986
up €5,986 (+6.0%), from €99,283 to €105,269
- Profit (loss) carried forward +€15,325
up €15,325 (+11.1%), from €137,789 to €153,113
- Debts after one year -€8,593
down €8,593 (-29.2%), from €29,414 to €20,821
- Taxes +€7,294
up €7,294 (+267%), from €2,729 to €10,023
- Gross operating margin +€3,837
up €3,837 (+3.7%), from €103,358 to €107,195
- Staff costs +€1,169
up €1,169 (+4.1%), from €28,807 to €29,975
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 | €337,864 | €341,263 | +€3,399 | +1.0% |
| Fixed assets | 21/28 | €21,521 | €13,358 | -€8,163 | -37.9% |
| Tangible fixed assets | 22/27 | €21,521 | €13,358 | -€8,163 | -37.9% |
| Land and buildings | 22 | €19,179 | €12,786 | -€6,393 | -33.3% |
| Plant, machinery and equipment | 23 | €2,342 | €572 | -€1,770 | -75.6% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €316,343 | €327,905 | +€11,562 | +3.7% |
| Stocks and contracts in progress | 3 | €99,283 | €105,269 | +€5,986 | +6.0% |
| Stocks | 30/36 | €99,283 | €105,269 | +€5,986 | +6.0% |
| Amounts receivable within one year | 40/41 | €175,504 | €158,773 | -€16,731 | -9.5% |
| Trade receivables | 40 | €80,344 | €82,686 | +€2,342 | +2.9% |
| Other amounts receivable | 41 | €95,160 | €76,087 | -€19,073 | -20.0% |
| Cash at bank and in hand | 54/58 | €38,611 | €61,732 | +€23,122 | +59.9% |
| Deferred charges and accrued income | 490/1 | €2,945 | €2,131 | -€815 | -27.7% |
| Total equity and liabilities | 10/49 | €337,864 | €341,263 | +€3,399 | +1.0% |
| Equity | 10/15 | €199,249 | €214,573 | +€15,325 | +7.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,860 | €42,860 | = | 0.0% |
| Distributable reserves | 133 | €42,860 | €42,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,789 | €153,113 | +€15,325 | +11.1% |
| Amounts payable | 17/49 | €138,615 | €126,690 | -€11,925 | -8.6% |
| Amounts payable after more than one year | 17 | €29,414 | €20,821 | -€8,593 | -29.2% |
| Financial debts | 170/4 | €29,414 | €20,821 | -€8,593 | -29.2% |
| Amounts payable within one year | 42/48 | €108,361 | €105,474 | -€2,887 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €8,918 | €8,591 | -€327 | -3.7% |
| Trade debts | 44 | €49,035 | €49,177 | +€142 | +0.3% |
| Suppliers | 440/4 | €49,035 | €49,177 | +€142 | +0.3% |
| Taxes, remuneration and social security | 45 | €5,424 | €5,660 | +€237 | +4.4% |
| Taxes | 450/3 | €0 | €179 | +€179 | |
| Remuneration and social security | 454/9 | €5,424 | €5,482 | +€58 | +1.1% |
| Other amounts payable | 47/48 | €44,984 | €42,046 | -€2,939 | -6.5% |
| Accrued charges and deferred income | 492/3 | €840 | €395 | -€446 | -53.0% |
| Remuneration, social security and pensions | 62 | €28,807 | €29,975 | +€1,169 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,638 | €8,163 | -€475 | -5.5% |
| Other operating charges | 640/8 | €304 | €234 | -€70 | -23.1% |
| Gross operating margin | 9900 | €103,358 | €107,195 | +€3,837 | +3.7% |
| Operating profit (loss) | 9901 | €65,609 | €68,823 | +€3,214 | +4.9% |
| Financial income | 75/76B | €0 | €11 | +€11 | +7,527% |
| Recurring financial income | 75 | €0 | €11 | +€11 | +7,527% |
| Financial charges | 65/66B | €4,370 | €3,487 | -€883 | -20.2% |
| Recurring financial charges | 65 | €4,370 | €3,487 | -€883 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €61,239 | €65,347 | +€4,108 | +6.7% |
| Income taxes | 67/77 | €2,729 | €10,023 | +€7,294 | +267% |
| Profit (loss) for the period | 9904 | €58,510 | €55,325 | -€3,185 | -5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €58,510 | €55,325 | -€3,185 | -5.4% |
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 19 October 2026 via checked.be.