APOTHEEK BODEN: what changed
What changed
APOTHEEK BODEN
NACE 47.730, Retail sale of pharmaceutical products
filed annual accounts (NBB)
Net result for the year
€77,387
2024 · €61,151+€16,236
Equity
€352,416
2024 · €285,029+€67,387
Cash
€230,943
2024 · €224,970+€5,974
Balance sheet total
€545,528
2024 · €515,640+€29,888
Largest movements
Assets
- Receivables within one year +€32,038
up €32,038 (+52.3%), from €61,222 to €93,261
of which Trade receivables: +€33,711
- Tangible fixed assets -€22,849
down €22,849 (-18.2%), from €125,759 to €102,909
- Stocks and contracts +€15,226
up €15,226 (+15.9%), from €95,849 to €111,075
- Cash +€5,974
up €5,974 (+2.7%), from €224,970 to €230,943
mainly Net result for the year (+€77,387) and Depreciation (+€24,849)
Equity and liabilities
- Reserves +€67,387
up €67,387 (+25.4%), from €265,000 to €332,387
- Other debts -€34,424
down €34,424 (-43.6%), from €79,007 to €44,583
- Trade debts +€21,455
up €21,455 (+67.7%), from €31,681 to €53,136
- Debts after one year -€18,620
down €18,620 (-26.8%), from €69,379 to €50,759
Income statement
- Gross operating margin +€21,373
up €21,373 (+11.4%), from €187,634 to €209,007
- Staff costs +€2,615
up €2,615 (+3.8%), from €68,069 to €70,684
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
€61,151
Gross operating margin
+€21,373
Staff costs
-€2,615
Depreciation
-€1,663
Other operating charges
-€41
Financial income
-€103
Financial charges
+€15
Taxes
-€730
Result 2025
€77,387
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
+€36,371
Investment
-€1,999
Financing
-€28,398
Cash 2024
€224,970
From operations (derived)
+€36,371
Net result for the year
+€77,387
Depreciation
+€24,849
Stocks and contracts
-€15,226
Receivables within one year
-€32,038
Deferred charges and accrued income
+€501
Trade debts
+€21,455
Tax, wage and social debts
-€4,839
Other debts
-€34,424
Accrued charges and deferred income
-€1,294
Investment (derived)
-€1,999
Investment in fixed assets (net)
-€1,999
Financing
-€28,398
Debts after one year
-€18,620
Current portion of long-term debt
+€222
Contributions, distributions and other
-€10,000
Cash 2025
€230,943
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €515,640 | €545,528 | +€29,888 | +5.8% |
| Fixed assets | 21/28 | €125,759 | €102,909 | -€22,849 | -18.2% |
| Tangible fixed assets | 22/27 | €125,759 | €102,909 | -€22,849 | -18.2% |
| Plant, machinery and equipment | 23 | €125,759 | €102,909 | -€22,849 | -18.2% |
| Current assets | 29/58 | €389,881 | €442,619 | +€52,737 | +13.5% |
| Stocks and contracts in progress | 3 | €95,849 | €111,075 | +€15,226 | +15.9% |
| Stocks | 30/36 | €95,849 | €111,075 | +€15,226 | +15.9% |
| Amounts receivable within one year | 40/41 | €61,222 | €93,261 | +€32,038 | +52.3% |
| Trade receivables | 40 | €59,549 | €93,261 | +€33,711 | +56.6% |
| Other amounts receivable | 41 | €1,673 | €0 | -€1,673 | -100% |
| Cash at bank and in hand | 54/58 | €224,970 | €230,943 | +€5,974 | +2.7% |
| Deferred charges and accrued income | 490/1 | €7,840 | €7,339 | -€501 | -6.4% |
| Total equity and liabilities | 10/49 | €515,640 | €545,528 | +€29,888 | +5.8% |
| Equity | 10/15 | €285,029 | €352,416 | +€67,387 | +23.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €265,000 | €332,387 | +€67,387 | +25.4% |
| Distributable reserves | 133 | €265,000 | €332,387 | +€67,387 | +25.4% |
| Profit (loss) carried forward | 14 | €1,429 | €1,429 | = | 0.0% |
| Amounts payable | 17/49 | €230,611 | €193,112 | -€37,500 | -16.3% |
| Amounts payable after more than one year | 17 | €69,379 | €50,759 | -€18,620 | -26.8% |
| Financial debts | 170/4 | €69,379 | €50,759 | -€18,620 | -26.8% |
| Amounts payable within one year | 42/48 | €156,497 | €138,911 | -€17,586 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €18,398 | €18,620 | +€222 | +1.2% |
| Trade debts | 44 | €31,681 | €53,136 | +€21,455 | +67.7% |
| Suppliers | 440/4 | €31,681 | €53,136 | +€21,455 | +67.7% |
| Taxes, remuneration and social security | 45 | €27,411 | €22,572 | -€4,839 | -17.7% |
| Taxes | 450/3 | €19,471 | €14,260 | -€5,211 | -26.8% |
| Remuneration and social security | 454/9 | €7,940 | €8,312 | +€372 | +4.7% |
| Other amounts payable | 47/48 | €79,007 | €44,583 | -€34,424 | -43.6% |
| Accrued charges and deferred income | 492/3 | €4,735 | €3,441 | -€1,294 | -27.3% |
| Remuneration, social security and pensions | 62 | €68,069 | €70,684 | +€2,615 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,185 | €24,849 | +€1,663 | +7.2% |
| Other operating charges | 640/8 | €1,023 | €1,064 | +€41 | +4.0% |
| Gross operating margin | 9900 | €187,634 | €209,007 | +€21,373 | +11.4% |
| Operating profit (loss) | 9901 | €95,357 | €112,410 | +€17,053 | +17.9% |
| Financial income | 75/76B | €2,551 | €2,448 | -€103 | -4.0% |
| Recurring financial income | 75 | €2,551 | €2,448 | -€103 | -4.0% |
| Financial charges | 65/66B | €6,272 | €6,257 | -€15 | -0.2% |
| Recurring financial charges | 65 | €6,272 | €6,257 | -€15 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €91,636 | €108,601 | +€16,966 | +18.5% |
| Income taxes | 67/77 | €30,484 | €31,214 | +€730 | +2.4% |
| Profit (loss) for the period | 9904 | €61,151 | €77,387 | +€16,236 | +26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €61,151 | €77,387 | +€16,236 | +26.6% |
Next steps
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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 5 November 2026 via checked.be.