APOTHEEK BRECX: 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 BRECX
Largest movements
- Cash -€50,299
down €50,299 (-23.2%), from €217,272 to €166,973
mainly Contributions, distributions and other (-€84,000) and Other debts (-€47,065)
- Stocks and contracts +€27,228
up €27,228 (+14.5%), from €187,895 to €215,123
- Receivables within one year +€9,398
up €9,398 (+7.4%), from €126,384 to €135,782
of which Trade receivables: +€5,881
- Profit (loss) carried forward +€53,156
up €53,156 (+33.0%), from €161,247 to €214,403
- Other debts -€47,065
down €47,065 (-25.1%), from €187,657 to €140,592
- Trade debts -€16,967
down €16,967 (-21.6%), from €78,385 to €61,418
- Gross operating margin -€6,487
down €6,487 (-2.7%), from €243,499 to €237,011
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 | €547,208 | €540,176 | -€7,032 | -1.3% |
| Fixed assets | 21/28 | €11,122 | €13,878 | +€2,756 | +24.8% |
| Tangible fixed assets | 22/27 | €11,122 | €13,878 | +€2,756 | +24.8% |
| Plant, machinery and equipment | 23 | €10,821 | €13,878 | +€3,058 | +28.3% |
| Furniture and vehicles | 24 | €302 | €0 | -€302 | -100% |
| Current assets | 29/58 | €536,086 | €526,298 | -€9,788 | -1.8% |
| Stocks and contracts in progress | 3 | €187,895 | €215,123 | +€27,228 | +14.5% |
| Stocks | 30/36 | €187,895 | €215,123 | +€27,228 | +14.5% |
| Amounts receivable within one year | 40/41 | €126,384 | €135,782 | +€9,398 | +7.4% |
| Trade receivables | 40 | €123,112 | €128,993 | +€5,881 | +4.8% |
| Other amounts receivable | 41 | €3,272 | €6,789 | +€3,517 | +108% |
| Cash at bank and in hand | 54/58 | €217,272 | €166,973 | -€50,299 | -23.2% |
| Deferred charges and accrued income | 490/1 | €4,536 | €8,420 | +€3,885 | +85.7% |
| Total equity and liabilities | 10/49 | €547,208 | €540,176 | -€7,032 | -1.3% |
| Equity | 10/15 | €263,539 | €316,695 | +€53,156 | +20.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €83,700 | €83,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €194 | €194 | = | 0.0% |
| Reserves not available under the articles | 1311 | €194 | €194 | = | 0.0% |
| Tax-exempt reserves | 132 | €260 | €260 | = | 0.0% |
| Distributable reserves | 133 | €83,245 | €83,245 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,247 | €214,403 | +€53,156 | +33.0% |
| Amounts payable | 17/49 | €283,669 | €223,481 | -€60,188 | -21.2% |
| Amounts payable within one year | 42/48 | €283,000 | €223,328 | -€59,672 | -21.1% |
| Current portion of amounts payable after more than one year | 42 | €5,419 | €6,071 | +€652 | +12.0% |
| Trade debts | 44 | €78,385 | €61,418 | -€16,967 | -21.6% |
| Suppliers | 440/4 | €78,385 | €61,418 | -€16,967 | -21.6% |
| Taxes, remuneration and social security | 45 | €11,539 | €15,247 | +€3,708 | +32.1% |
| Taxes | 450/3 | €82 | €146 | +€63 | +77.2% |
| Remuneration and social security | 454/9 | €11,456 | €15,101 | +€3,645 | +31.8% |
| Other amounts payable | 47/48 | €187,657 | €140,592 | -€47,065 | -25.1% |
| Accrued charges and deferred income | 492/3 | €669 | €153 | -€516 | -77.1% |
| Remuneration, social security and pensions | 62 | €76,270 | €75,780 | -€490 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,967 | €4,432 | -€1,535 | -25.7% |
| Other operating charges | 640/8 | €694 | €173 | -€521 | -75.1% |
| Gross operating margin | 9900 | €243,499 | €237,011 | -€6,487 | -2.7% |
| Operating profit (loss) | 9901 | €160,568 | €156,627 | -€3,941 | -2.5% |
| Financial income | 75/76B | €0 | €1,936 | +€1,936 | +1,936,350% |
| Recurring financial income | 75 | €0 | €1,936 | +€1,936 | +1,936,350% |
| Financial charges | 65/66B | €3,287 | €3,271 | -€17 | -0.5% |
| Recurring financial charges | 65 | €3,287 | €3,271 | -€17 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €157,281 | €155,292 | -€1,988 | -1.3% |
| Income taxes | 67/77 | €16,082 | €18,136 | +€2,054 | +12.8% |
| Profit (loss) for the period | 9904 | €141,198 | €137,156 | -€4,042 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €141,198 | €137,156 | -€4,042 | -2.9% |
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.