APOTHEEK BLANCKAERT: 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 BLANCKAERT
Largest movements
- Cash +€115,142
up €115,142 (+138%), from €83,168 to €198,310
mainly Net result for the year (+€119,858) and Other debts (+€72,678)
- Receivables within one year -€55,767
down €55,767 (-39.4%), from €141,556 to €85,789
of which Other amounts receivable: -€63,680
- Current investments -€49,443
down €49,443 (-45.5%), from €108,722 to €59,279
- Tangible fixed assets -€13,647
down €13,647 (-44.0%), from €31,019 to €17,372
of which Land and buildings: -€9,721
- Stocks and contracts -€9,190
down €9,190 (-6.5%), from €141,334 to €132,145
- Reserves -€74,868
down €74,868 (-35.0%), from €213,719 to €138,851
of which Distributable reserves: -€74,868
- Other debts +€72,678
up €72,678 (+39.4%), from €184,391 to €257,069
- Profit (loss) carried forward -€17,141
no longer reported in 2025 (was €17,141)
- Trade debts +€8,661
up €8,661 (+13.9%), from €62,108 to €70,769
- Short-term financial debts -€6,788
no longer reported in 2025 (was €6,788)
- Gross operating margin -€14,218
down €14,218 (-7.5%), from €188,701 to €174,483
- Financial charges -€10,132
down €10,132 (-33.9%), from €29,869 to €19,737
- Other operating charges -€2,274
down €2,274 (-75.7%), from €3,004 to €729
- Financial income -€1,906
down €1,906 (-34.2%), from €5,565 to €3,659
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 | €509,872 | €498,058 | -€11,814 | -2.3% |
| Fixed assets | 21/28 | €31,100 | €17,453 | -€13,647 | -43.9% |
| Tangible fixed assets | 22/27 | €31,019 | €17,372 | -€13,647 | -44.0% |
| Land and buildings | 22 | €24,032 | €14,311 | -€9,721 | -40.5% |
| Plant, machinery and equipment | 23 | €2,414 | €1,036 | -€1,378 | -57.1% |
| Furniture and vehicles | 24 | €3,181 | €875 | -€2,306 | -72.5% |
| Other tangible fixed assets | 26 | €1,392 | €1,151 | -€242 | -17.3% |
| Financial fixed assets | 28 | €81 | €81 | = | 0.0% |
| Current assets | 29/58 | €478,771 | €480,605 | +€1,834 | +0.4% |
| Stocks and contracts in progress | 3 | €141,334 | €132,145 | -€9,190 | -6.5% |
| Stocks | 30/36 | €141,334 | €132,145 | -€9,190 | -6.5% |
| Amounts receivable within one year | 40/41 | €141,556 | €85,789 | -€55,767 | -39.4% |
| Trade receivables | 40 | €69,879 | €77,791 | +€7,912 | +11.3% |
| Other amounts receivable | 41 | €71,677 | €7,998 | -€63,680 | -88.8% |
| Current investments | 50/53 | €108,722 | €59,279 | -€49,443 | -45.5% |
| Cash at bank and in hand | 54/58 | €83,168 | €198,310 | +€115,142 | +138% |
| Deferred charges and accrued income | 490/1 | €3,991 | €5,082 | +€1,091 | +27.3% |
| Total equity and liabilities | 10/49 | €509,872 | €498,058 | -€11,814 | -2.3% |
| Equity | 10/15 | €249,459 | €157,451 | -€92,009 | -36.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €213,719 | €138,851 | -€74,868 | -35.0% |
| Non-distributable reserves | 130/1 | €1,851 | €1,851 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,851 | €1,851 | = | 0.0% |
| Distributable reserves | 133 | €211,867 | €136,999 | -€74,868 | -35.3% |
| Profit (loss) carried forward | 14 | €17,141 | - | -€17,141 | |
| Amounts payable | 17/49 | €260,412 | €340,608 | +€80,195 | +30.8% |
| Amounts payable within one year | 42/48 | €259,111 | €340,425 | +€81,313 | +31.4% |
| Financial debts | 43 | €6,788 | - | -€6,788 | |
| Credit institutions | 430/8 | €6,788 | - | -€6,788 | |
| Trade debts | 44 | €62,108 | €70,769 | +€8,661 | +13.9% |
| Suppliers | 440/4 | €62,108 | €70,769 | +€8,661 | +13.9% |
| Taxes, remuneration and social security | 45 | €5,825 | €12,587 | +€6,762 | +116% |
| Taxes | 450/3 | €3,825 | €12,587 | +€8,762 | +229% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €184,391 | €257,069 | +€72,678 | +39.4% |
| Accrued charges and deferred income | 492/3 | €1,301 | €183 | -€1,118 | -85.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,424 | €4,748 | -€676 | -12.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,249 | - | -€1,249 | |
| Other operating charges | 640/8 | €3,004 | €729 | -€2,274 | -75.7% |
| Non-recurring operating charges | 66A | - | €6 | +€6 | |
| Gross operating margin | 9900 | €188,701 | €174,483 | -€14,218 | -7.5% |
| Operating profit (loss) | 9901 | €179,024 | €168,999 | -€10,024 | -5.6% |
| Financial income | 75/76B | €5,565 | €3,659 | -€1,906 | -34.2% |
| Recurring financial income | 75 | €5,565 | €3,659 | -€1,906 | -34.2% |
| Financial charges | 65/66B | €29,869 | €19,737 | -€10,132 | -33.9% |
| Recurring financial charges | 65 | €29,869 | €19,737 | -€10,132 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €154,719 | €152,922 | -€1,798 | -1.2% |
| Income taxes | 67/77 | €34,044 | €33,063 | -€981 | -2.9% |
| Profit (loss) for the period | 9904 | €120,676 | €119,858 | -€817 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €120,676 | €119,858 | -€817 | -0.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.