APOTHEEK BEKAERT: 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 BEKAERT
Largest movements
- Receivables within one year -€63,487
down €63,487 (-21.4%), from €297,123 to €233,636
of which Trade receivables: -€63,872
- Cash +€37,753
up €37,753 (+28.2%), from €133,853 to €171,606
mainly Net result for the year (+€163,967) and Receivables within one year (+€63,487)
- Tangible fixed assets -€34,824
down €34,824 (-28.8%), from €121,012 to €86,188
of which Land and buildings: -€35,934
- Stocks and contracts +€10,416
up €10,416 (+5.3%), from €197,654 to €208,070
- Other debts -€80,575
down €80,575 (-47.5%), from €169,611 to €89,036
- Reserves +€80,000
up €80,000 (+25.8%), from €309,880 to €389,880
of which Distributable reserves: +€80,000
- Trade debts -€46,383
down €46,383 (-37.4%), from €124,059 to €77,675
- Gross operating margin +€11,604
up €11,604 (+3.2%), from €359,120 to €370,724
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 | €756,573 | €705,473 | -€51,100 | -6.8% |
| Fixed assets | 21/28 | €121,012 | €86,188 | -€34,824 | -28.8% |
| Tangible fixed assets | 22/27 | €121,012 | €86,188 | -€34,824 | -28.8% |
| Land and buildings | 22 | €84,563 | €48,629 | -€35,934 | -42.5% |
| Plant, machinery and equipment | 23 | €33,024 | €27,693 | -€5,331 | -16.1% |
| Furniture and vehicles | 24 | €3,426 | €9,866 | +€6,441 | +188% |
| Current assets | 29/58 | €635,561 | €619,285 | -€16,276 | -2.6% |
| Stocks and contracts in progress | 3 | €197,654 | €208,070 | +€10,416 | +5.3% |
| Stocks | 30/36 | €197,654 | €208,070 | +€10,416 | +5.3% |
| Amounts receivable within one year | 40/41 | €297,123 | €233,636 | -€63,487 | -21.4% |
| Trade receivables | 40 | €296,839 | €232,966 | -€63,872 | -21.5% |
| Other amounts receivable | 41 | €284 | €669 | +€385 | +136% |
| Cash at bank and in hand | 54/58 | €133,853 | €171,606 | +€37,753 | +28.2% |
| Deferred charges and accrued income | 490/1 | €6,932 | €5,974 | -€958 | -13.8% |
| Total equity and liabilities | 10/49 | €756,573 | €705,473 | -€51,100 | -6.8% |
| Equity | 10/15 | €375,058 | €459,025 | +€83,967 | +22.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €309,880 | €389,880 | +€80,000 | +25.8% |
| Non-distributable reserves | 130/1 | €19,880 | €19,880 | = | 0.0% |
| Legal reserve | 130 | €19,880 | €19,880 | = | 0.0% |
| Distributable reserves | 133 | €290,000 | €370,000 | +€80,000 | +27.6% |
| Profit (loss) carried forward | 14 | €3,178 | €7,145 | +€3,967 | +125% |
| Amounts payable | 17/49 | €381,515 | €246,448 | -€135,067 | -35.4% |
| Amounts payable after more than one year | 17 | €55,000 | €55,000 | = | 0.0% |
| Financial debts | 170/4 | €55,000 | €55,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €321,629 | €187,449 | -€134,179 | -41.7% |
| Trade debts | 44 | €124,059 | €77,675 | -€46,383 | -37.4% |
| Suppliers | 440/4 | €124,059 | €77,675 | -€46,383 | -37.4% |
| Taxes, remuneration and social security | 45 | €27,959 | €20,738 | -€7,221 | -25.8% |
| Taxes | 450/3 | €15,829 | €7,083 | -€8,746 | -55.3% |
| Remuneration and social security | 454/9 | €12,130 | €13,655 | +€1,525 | +12.6% |
| Other amounts payable | 47/48 | €169,611 | €89,036 | -€80,575 | -47.5% |
| Accrued charges and deferred income | 492/3 | €4,887 | €3,999 | -€888 | -18.2% |
| Remuneration, social security and pensions | 62 | €120,721 | €122,652 | +€1,930 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,353 | €44,504 | +€2,152 | +5.1% |
| Other operating charges | 640/8 | €799 | €855 | +€56 | +7.0% |
| Gross operating margin | 9900 | €359,120 | €370,724 | +€11,604 | +3.2% |
| Operating profit (loss) | 9901 | €195,246 | €202,713 | +€7,466 | +3.8% |
| Financial income | 75/76B | €5,472 | €2,062 | -€3,410 | -62.3% |
| Recurring financial income | 75 | €5,472 | €2,062 | -€3,410 | -62.3% |
| Financial charges | 65/66B | €11,325 | €11,635 | +€310 | +2.7% |
| Recurring financial charges | 65 | €11,325 | €11,635 | +€310 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €189,393 | €193,140 | +€3,747 | +2.0% |
| Income taxes | 67/77 | €30,563 | €29,173 | -€1,391 | -4.6% |
| Profit (loss) for the period | 9904 | €158,830 | €163,967 | +€5,137 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €158,830 | €163,967 | +€5,137 | +3.2% |
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.