APOTHEEK BAUDOT: what changed
What changed
APOTHEEK BAUDOT
NACE 47.730, Retail sale of pharmaceutical products
filed annual accounts (NBB)
Net result for the year
€3,634
2024 · €40,535-€36,900
Equity
€41,399
2024 · €187,764-€146,366
Cash
€29,656
2024 · €40,310-€10,654
Balance sheet total
€488,618
2024 · €512,664-€24,046
Largest movements
Assets
- Tangible fixed assets -€46,282
down €46,282 (-25.5%), from €181,212 to €134,930
of which Land and buildings: -€23,772
- Receivables within one year +€26,714
up €26,714 (+18.9%), from €141,385 to €168,100
of which Trade receivables: +€15,907
- Cash -€10,654
down €10,654 (-26.4%), from €40,310 to €29,656
mainly Contributions, distributions and other (-€150,000) and Debts after one year (-€43,827)
Equity and liabilities
- Reserves -€146,366
down €146,366 (-86.5%), from €169,164 to €22,799
- Other debts +€136,319
up €136,319 (+353%), from €38,633 to €174,953
- Debts after one year -€43,827
down €43,827 (-32.7%), from €133,977 to €90,150
- Trade debts +€24,864
up €24,864 (+31.5%), from €78,870 to €103,734
Income statement
- Staff costs +€37,909
up €37,909 (+19.7%), from €191,945 to €229,854
- Gross operating margin -€9,696
down €9,696 (-3.3%), from €296,212 to €286,516
- Taxes -€5,711
down €5,711 (-77.6%), from €7,363 to €1,652
- Financial charges -€4,293
down €4,293 (-46.7%), from €9,183 to €4,891
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
€40,535
Gross operating margin
-€9,696
Staff costs
-€37,909
Depreciation
-€176
Other operating charges
+€200
Financial income
+€677
Financial charges
+€4,293
Taxes
+€5,711
Result 2025
€3,634
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
+€182,402
Investment
€0
Financing
-€193,055
Cash 2024
€40,310
From operations (derived)
+€182,402
Net result for the year
+€3,634
Depreciation
+€46,282
Stocks and contracts
-€1,970
Receivables within one year
-€26,714
Deferred charges and accrued income
-€4,205
Trade debts
+€24,864
Tax, wage and social debts
+€3,638
Other debts
+€136,319
Accrued charges and deferred income
+€554
Financing
-€193,055
Debts after one year
-€43,827
Current portion of long-term debt
+€772
Contributions, distributions and other
-€150,000
Cash 2025
€29,656
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €512,664 | €488,618 | -€24,046 | -4.7% |
| Fixed assets | 21/28 | €186,212 | €139,930 | -€46,282 | -24.9% |
| Tangible fixed assets | 22/27 | €181,212 | €134,930 | -€46,282 | -25.5% |
| Land and buildings | 22 | €108,635 | €84,863 | -€23,772 | -21.9% |
| Plant, machinery and equipment | 23 | €14,895 | €12,408 | -€2,487 | -16.7% |
| Furniture and vehicles | 24 | €4,168 | €2,872 | -€1,296 | -31.1% |
| Leasing and similar rights | 25 | €53,514 | €34,787 | -€18,727 | -35.0% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €326,452 | €348,688 | +€22,236 | +6.8% |
| Stocks and contracts in progress | 3 | €130,901 | €132,871 | +€1,970 | +1.5% |
| Stocks | 30/36 | €130,901 | €132,871 | +€1,970 | +1.5% |
| Amounts receivable within one year | 40/41 | €141,385 | €168,100 | +€26,714 | +18.9% |
| Trade receivables | 40 | €133,709 | €149,615 | +€15,907 | +11.9% |
| Other amounts receivable | 41 | €7,677 | €18,485 | +€10,808 | +141% |
| Cash at bank and in hand | 54/58 | €40,310 | €29,656 | -€10,654 | -26.4% |
| Deferred charges and accrued income | 490/1 | €13,857 | €18,062 | +€4,205 | +30.3% |
| Total equity and liabilities | 10/49 | €512,664 | €488,618 | -€24,046 | -4.7% |
| Equity | 10/15 | €187,764 | €41,399 | -€146,366 | -78.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €169,164 | €22,799 | -€146,366 | -86.5% |
| Distributable reserves | 133 | €169,164 | €22,799 | -€146,366 | -86.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €324,900 | €447,219 | +€122,320 | +37.6% |
| Amounts payable after more than one year | 17 | €133,977 | €90,150 | -€43,827 | -32.7% |
| Financial debts | 170/4 | €133,977 | €90,150 | -€43,827 | -32.7% |
| Amounts payable within one year | 42/48 | €188,305 | €353,897 | +€165,592 | +87.9% |
| Current portion of amounts payable after more than one year | 42 | €43,055 | €43,827 | +€772 | +1.8% |
| Trade debts | 44 | €78,870 | €103,734 | +€24,864 | +31.5% |
| Suppliers | 440/4 | €78,870 | €103,734 | +€24,864 | +31.5% |
| Taxes, remuneration and social security | 45 | €27,746 | €31,384 | +€3,638 | +13.1% |
| Taxes | 450/3 | €3,255 | €2,427 | -€828 | -25.4% |
| Remuneration and social security | 454/9 | €24,492 | €28,958 | +€4,466 | +18.2% |
| Other amounts payable | 47/48 | €38,633 | €174,953 | +€136,319 | +353% |
| Accrued charges and deferred income | 492/3 | €2,618 | €3,172 | +€554 | +21.2% |
| Remuneration, social security and pensions | 62 | €191,945 | €229,854 | +€37,909 | +19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,106 | €46,282 | +€176 | +0.4% |
| Other operating charges | 640/8 | €1,264 | €1,064 | -€200 | -15.9% |
| Gross operating margin | 9900 | €296,212 | €286,516 | -€9,696 | -3.3% |
| Operating profit (loss) | 9901 | €56,897 | €9,316 | -€47,581 | -83.6% |
| Financial income | 75/76B | €184 | €861 | +€677 | +368% |
| Recurring financial income | 75 | €184 | €861 | +€677 | +368% |
| Financial charges | 65/66B | €9,183 | €4,891 | -€4,293 | -46.7% |
| Recurring financial charges | 65 | €9,183 | €4,891 | -€4,293 | -46.7% |
| Profit (loss) for the period before taxes | 9903 | €47,898 | €5,287 | -€42,611 | -89.0% |
| Income taxes | 67/77 | €7,363 | €1,652 | -€5,711 | -77.6% |
| Profit (loss) for the period | 9904 | €40,535 | €3,634 | -€36,900 | -91.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,535 | €3,634 | -€36,900 | -91.0% |
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 2 November 2026 via checked.be.