APOTHEEK BRACKE: what changed
Two fiscal 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 BRACKE
Largest movements
- Cash -€29,091
down €29,091 (-28.5%), from €101,942 to €72,851
mainly Other debts (-€37,411) and Trade debts (-€22,103)
- Current investments -€14,726
down €14,726 (-100.0%), from €14,726 to €0
- Tangible fixed assets -€11,062
down €11,062 (-12.0%), from €92,552 to €81,489
of which Plant, machinery and equipment: -€10,762
- Stocks and contracts -€8,574
down €8,574 (-10.4%), from €82,765 to €74,191
- Receivables within one year +€3,848
up €3,848 (+11.9%), from €32,403 to €36,251
of which Trade receivables: +€3,432
- Other debts -€37,411
down €37,411 (-57.1%), from €65,529 to €28,119
- Trade debts -€22,103
down €22,103 (-38.7%), from €57,125 to €35,023
- Debts after one year -€10,925
down €10,925 (-14.9%), from €73,345 to €62,420
- Current portion of long-term debt +€5,827
up €5,827 (+1242.4%), from €469 to €6,296
- Reserves +€5,203
up €5,203 (+4.7%), from €111,543 to €116,746
of which Distributable reserves: +€5,203
- Financial charges +€27,885
up €27,885 (+511.4%), from €5,452 to €33,337
- Gross operating margin +€12,750
up €12,750 (+34.5%), from €36,968 to €49,717
- Depreciation +€5,550
up €5,550 (+100.7%), from €5,513 to €11,062
- Financial income +€3,829
up €3,829 (+30104.1%), from €13 to €3,842
- Taxes -€2,599
down €2,599 (-49.9%), from €5,213 to €2,614
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.
Cash bridge derived
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 | €331,397 | €269,247 | -€62,150 | -18.8% |
| Fixed assets | 21/28 | €92,802 | €81,739 | -€11,062 | -11.9% |
| Tangible fixed assets | 22/27 | €92,552 | €81,489 | -€11,062 | -12.0% |
| Plant, machinery and equipment | 23 | €89,793 | €79,030 | -€10,762 | -12.0% |
| Furniture and vehicles | 24 | €2,759 | €2,459 | -€300 | -10.9% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €238,595 | €187,507 | -€51,087 | -21.4% |
| Stocks and contracts in progress | 3 | €82,765 | €74,191 | -€8,574 | -10.4% |
| Stocks | 30/36 | €82,765 | €74,191 | -€8,574 | -10.4% |
| Amounts receivable within one year | 40/41 | €32,403 | €36,251 | +€3,848 | +11.9% |
| Trade receivables | 40 | €29,864 | €33,295 | +€3,432 | +11.5% |
| Other amounts receivable | 41 | €2,539 | €2,956 | +€417 | +16.4% |
| Current investments | 50/53 | €14,726 | €0 | -€14,726 | -100.0% |
| Cash at bank and in hand | 54/58 | €101,942 | €72,851 | -€29,091 | -28.5% |
| Deferred charges and accrued income | 490/1 | €6,759 | €4,215 | -€2,545 | -37.6% |
| Total equity and liabilities | 10/49 | €331,397 | €269,247 | -€62,150 | -18.8% |
| Equity | 10/15 | €130,143 | €135,346 | +€5,203 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €111,543 | €116,746 | +€5,203 | +4.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €111,543 | €116,746 | +€5,203 | +4.7% |
| Amounts payable | 17/49 | €201,254 | €133,901 | -€67,353 | -33.5% |
| Amounts payable after more than one year | 17 | €73,345 | €62,420 | -€10,925 | -14.9% |
| Financial debts | 170/4 | €73,345 | €62,420 | -€10,925 | -14.9% |
| Amounts payable within one year | 42/48 | €125,610 | €71,481 | -€54,129 | -43.1% |
| Current portion of amounts payable after more than one year | 42 | €469 | €6,296 | +€5,827 | +1242.4% |
| Trade debts | 44 | €57,125 | €35,023 | -€22,103 | -38.7% |
| Suppliers | 440/4 | €57,125 | €35,023 | -€22,103 | -38.7% |
| Taxes, remuneration and social security | 45 | €2,486 | €2,044 | -€442 | -17.8% |
| Taxes | 450/3 | €2,486 | €2,044 | -€442 | -17.8% |
| Other amounts payable | 47/48 | €65,529 | €28,119 | -€37,411 | -57.1% |
| Accrued charges and deferred income | 492/3 | €2,299 | €0 | -€2,299 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,513 | €11,062 | +€5,550 | +100.7% |
| Other operating charges | 640/8 | €1,716 | €1,343 | -€373 | -21.8% |
| Gross operating margin | 9900 | €36,968 | €49,717 | +€12,750 | +34.5% |
| Operating profit (loss) | 9901 | €29,739 | €37,312 | +€7,573 | +25.5% |
| Financial income | 75/76B | €13 | €3,842 | +€3,829 | +30104.1% |
| Recurring financial income | 75 | €13 | €3,842 | +€3,829 | +30104.1% |
| Financial charges | 65/66B | €5,452 | €33,337 | +€27,885 | +511.4% |
| Recurring financial charges | 65 | €5,452 | €33,337 | +€27,885 | +511.4% |
| Profit (loss) for the period before taxes | 9903 | €24,299 | €7,817 | -€16,482 | -67.8% |
| Income taxes | 67/77 | €5,213 | €2,614 | -€2,599 | -49.9% |
| Profit (loss) for the period | 9904 | €19,086 | €5,203 | -€13,883 | -72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,086 | €5,203 | -€13,883 | -72.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.