APOTHEEK BARE: what changed
Two fiscal 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 BARE
Largest movements
- Cash -€77,904
down €77,904 (-28.2%), from €275,897 to €197,994
mainly Contributions, distributions and other (-€112,500) and Stocks and contracts (-€30,974)
- Stocks and contracts +€30,974
up €30,974 (+13.5%), from €228,988 to €259,962
- Reserves -€63,000
down €63,000 (-15.3%), from €410,900 to €347,900
of which Distributable reserves: -€63,000
- Other debts +€21,852
up €21,852 (+23.6%), from €92,600 to €114,452
- Trade debts -€12,380
down €12,380 (-12.4%), from €100,061 to €87,680
- Financial income -€4,741
down €4,741 (-79.8%), from €5,944 to €1,203
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.
Cash bridge derived
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 | €1,233,724 | €1,179,315 | -€54,409 | -4.4% |
| Fixed assets | 21/28 | €335,934 | €334,433 | -€1,501 | -0.4% |
| Tangible fixed assets | 22/27 | €335,934 | €334,433 | -€1,501 | -0.4% |
| Land and buildings | 22 | €328,682 | €316,639 | -€12,042 | -3.7% |
| Plant, machinery and equipment | 23 | €3,908 | €15,684 | +€11,776 | +301.3% |
| Furniture and vehicles | 24 | €3,344 | €2,109 | -€1,235 | -36.9% |
| Current assets | 29/58 | €897,790 | €844,883 | -€52,908 | -5.9% |
| Stocks and contracts in progress | 3 | €228,988 | €259,962 | +€30,974 | +13.5% |
| Stocks | 30/36 | €228,988 | €259,962 | +€30,974 | +13.5% |
| Amounts receivable within one year | 40/41 | €154,156 | €143,799 | -€10,357 | -6.7% |
| Trade receivables | 40 | €121,777 | €131,333 | +€9,556 | +7.8% |
| Other amounts receivable | 41 | €32,379 | €12,466 | -€19,913 | -61.5% |
| Current investments | 50/53 | €228,251 | €228,251 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €275,897 | €197,994 | -€77,904 | -28.2% |
| Deferred charges and accrued income | 490/1 | €10,498 | €14,877 | +€4,379 | +41.7% |
| Total equity and liabilities | 10/49 | €1,233,724 | €1,179,315 | -€54,409 | -4.4% |
| Equity | 10/15 | €1,013,179 | €950,343 | -€62,835 | -6.2% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €410,900 | €347,900 | -€63,000 | -15.3% |
| Non-distributable reserves | 130/1 | €28,000 | €28,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €28,000 | €28,000 | = | 0.0% |
| Distributable reserves | 133 | €382,900 | €319,900 | -€63,000 | -16.5% |
| Profit (loss) carried forward | 14 | €2,279 | €2,443 | +€165 | +7.2% |
| Amounts payable | 17/49 | €220,545 | €228,972 | +€8,427 | +3.8% |
| Amounts payable within one year | 42/48 | €220,122 | €226,619 | +€6,496 | +3.0% |
| Trade debts | 44 | €100,061 | €87,680 | -€12,380 | -12.4% |
| Suppliers | 440/4 | €100,061 | €87,680 | -€12,380 | -12.4% |
| Taxes, remuneration and social security | 45 | €27,461 | €24,486 | -€2,975 | -10.8% |
| Taxes | 450/3 | €3,500 | €0 | -€3,500 | -100.0% |
| Remuneration and social security | 454/9 | €23,961 | €24,486 | +€525 | +2.2% |
| Other amounts payable | 47/48 | €92,600 | €114,452 | +€21,852 | +23.6% |
| Accrued charges and deferred income | 492/3 | €423 | €2,353 | +€1,931 | +456.9% |
| Remuneration, social security and pensions | 62 | €188,923 | €191,218 | +€2,295 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,360 | €19,592 | -€2,769 | -12.4% |
| Other operating charges | 640/8 | €4,526 | €4,153 | -€373 | -8.2% |
| Gross operating margin | 9900 | €283,521 | €284,860 | +€1,339 | +0.5% |
| Operating profit (loss) | 9901 | €67,713 | €69,898 | +€2,185 | +3.2% |
| Financial income | 75/76B | €5,944 | €1,203 | -€4,741 | -79.8% |
| Recurring financial income | 75 | €5,944 | €1,203 | -€4,741 | -79.8% |
| Financial charges | 65/66B | €461 | €1,457 | +€996 | +216.0% |
| Recurring financial charges | 65 | €461 | €1,457 | +€996 | +216.0% |
| Profit (loss) for the period before taxes | 9903 | €73,196 | €69,644 | -€3,551 | -4.9% |
| Income taxes | 67/77 | €21,634 | €19,980 | -€1,654 | -7.6% |
| Profit (loss) for the period | 9904 | €51,562 | €49,665 | -€1,898 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €51,562 | €49,665 | -€1,898 | -3.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.