APOTHEEK BOURGUIGNON-DERAEVE: 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 BOURGUIGNON-DERAEVE
Largest movements
- Cash +€916,187
up €916,187 (+83.4%), from €1.1m to €2.0m
mainly Current investments (+€845,481) and Net result for the year (+€439,701)
- Current investments -€845,481
down €845,481 (-32.4%), from €2.6m to €1.8m
- Other debts -€470,609
no longer reported in 2025 (was €470,609)
- Reserves +€439,701
up €439,701 (+9.7%), from €4.5m to €5.0m
- Tax, wage and social debts +€92,541
up €92,541 (+271%), from €34,199 to €126,740
of which Taxes: +€91,279
- Gross operating margin +€24,975
up €24,975 (+2.2%), from €1.1m to €1.2m
- Taxes +€23,168
up €23,168 (+10.4%), from €222,574 to €245,743
- Staff costs +€14,456
up €14,456 (+3.2%), from €456,597 to €471,053
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 | €5,255,872 | €5,339,690 | +€83,818 | +1.6% |
| Fixed assets | 21/28 | €553,947 | €521,172 | -€32,776 | -5.9% |
| Tangible fixed assets | 22/27 | €553,947 | €521,172 | -€32,776 | -5.9% |
| Land and buildings | 22 | €531,219 | €464,474 | -€66,746 | -12.6% |
| Plant, machinery and equipment | 23 | €17,540 | €32,922 | +€15,381 | +87.7% |
| Furniture and vehicles | 24 | €5,188 | €23,776 | +€18,588 | +358% |
| Current assets | 29/58 | €4,701,924 | €4,818,518 | +€116,594 | +2.5% |
| Stocks and contracts in progress | 3 | €636,120 | €652,068 | +€15,948 | +2.5% |
| Stocks | 30/36 | €636,120 | €652,068 | +€15,948 | +2.5% |
| Amounts receivable within one year | 40/41 | €355,070 | €379,618 | +€24,548 | +6.9% |
| Trade receivables | 40 | €355,070 | €379,618 | +€24,548 | +6.9% |
| Current investments | 50/53 | €2,612,395 | €1,766,914 | -€845,481 | -32.4% |
| Cash at bank and in hand | 54/58 | €1,098,340 | €2,014,527 | +€916,187 | +83.4% |
| Deferred charges and accrued income | 490/1 | - | €5,391 | +€5,391 | |
| Total equity and liabilities | 10/49 | €5,255,872 | €5,339,690 | +€83,818 | +1.6% |
| Equity | 10/15 | €4,555,242 | €4,994,943 | +€439,701 | +9.7% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Capital | 10 | €24,789 | €24,789 | = | 0.0% |
| Issued capital | 100 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €4,530,453 | €4,970,154 | +€439,701 | +9.7% |
| Non-distributable reserves | 130/1 | €4,530,453 | €4,970,154 | +€439,701 | +9.7% |
| Legal reserve | 130 | €2,479 | €2,479 | = | 0.0% |
| Other | 1319 | €4,527,974 | €4,967,675 | +€439,701 | +9.7% |
| Amounts payable | 17/49 | €700,630 | €344,747 | -€355,883 | -50.8% |
| Amounts payable within one year | 42/48 | €700,630 | €344,747 | -€355,883 | -50.8% |
| Trade debts | 44 | €195,822 | €218,007 | +€22,185 | +11.3% |
| Suppliers | 440/4 | €195,822 | €218,007 | +€22,185 | +11.3% |
| Taxes, remuneration and social security | 45 | €34,199 | €126,740 | +€92,541 | +271% |
| Taxes | 450/3 | €15,879 | €107,158 | +€91,279 | +575% |
| Remuneration and social security | 454/9 | €18,320 | €19,581 | +€1,262 | +6.9% |
| Other amounts payable | 47/48 | €470,609 | - | -€470,609 | |
| Remuneration, social security and pensions | 62 | €456,597 | €471,053 | +€14,456 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,983 | €89,814 | +€7,831 | +9.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €9,126 | - | -€9,126 | |
| Other operating charges | 640/8 | €12,048 | €11,471 | -€577 | -4.8% |
| Gross operating margin | 9900 | €1,148,557 | €1,173,532 | +€24,975 | +2.2% |
| Operating profit (loss) | 9901 | €588,804 | €601,194 | +€12,391 | +2.1% |
| Financial income | 75/76B | €75,880 | €85,673 | +€9,793 | +12.9% |
| Recurring financial income | 75 | €75,880 | €85,673 | +€9,793 | +12.9% |
| Financial charges | 65/66B | €1,966 | €1,424 | -€543 | -27.6% |
| Recurring financial charges | 65 | €1,966 | €1,424 | -€543 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €662,717 | €685,443 | +€22,726 | +3.4% |
| Income taxes | 67/77 | €222,574 | €245,743 | +€23,168 | +10.4% |
| Profit (loss) for the period | 9904 | €440,143 | €439,701 | -€442 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €440,143 | €439,701 | -€442 | -0.1% |
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 27 October 2026 via checked.be.