Apotheek Cnudde: 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 Cnudde
Largest movements
- Receivables within one year +€120,213
up €120,213 (+68.0%), from €176,754 to €296,967
of which Other amounts receivable: +€74,503
- Tangible fixed assets -€32,634
down €32,634 (-4.1%), from €801,152 to €768,518
of which Land and buildings: -€29,049
- Reserves +€68,981
up €68,981 (+5.6%), from €1.2m to €1.3m
of which Distributable reserves: +€68,981
- Trade debts +€24,306
up €24,306 (+27.9%), from €87,024 to €111,330
- Gross operating margin -€40,919
down €40,919 (-12.6%), from €324,026 to €283,108
- Taxes -€7,850
down €7,850 (-12.6%), from €62,508 to €54,657
- Staff costs -€4,888
down €4,888 (-5.9%), from €82,646 to €77,759
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 | €1,423,773 | €1,505,038 | +€81,265 | +5.7% |
| Fixed assets | 21/28 | €802,362 | €769,728 | -€32,634 | -4.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €801,152 | €768,518 | -€32,634 | -4.1% |
| Land and buildings | 22 | €783,656 | €754,607 | -€29,049 | -3.7% |
| Plant, machinery and equipment | 23 | €17,496 | €13,911 | -€3,585 | -20.5% |
| Financial fixed assets | 28 | €1,210 | €1,210 | = | 0.0% |
| Current assets | 29/58 | €621,411 | €735,310 | +€113,899 | +18.3% |
| Stocks and contracts in progress | 3 | €168,490 | €166,819 | -€1,671 | -1.0% |
| Stocks | 30/36 | €168,490 | €166,819 | -€1,671 | -1.0% |
| Amounts receivable within one year | 40/41 | €176,754 | €296,967 | +€120,213 | +68.0% |
| Trade receivables | 40 | €144,567 | €190,277 | +€45,710 | +31.6% |
| Other amounts receivable | 41 | €32,187 | €106,690 | +€74,503 | +231% |
| Cash at bank and in hand | 54/58 | €270,366 | €267,842 | -€2,524 | -0.9% |
| Deferred charges and accrued income | 490/1 | €5,800 | €3,682 | -€2,119 | -36.5% |
| Total equity and liabilities | 10/49 | €1,423,773 | €1,505,038 | +€81,265 | +5.7% |
| Equity | 10/15 | €1,244,927 | €1,313,909 | +€68,981 | +5.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,226,335 | €1,295,317 | +€68,981 | +5.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,226,335 | €1,295,317 | +€68,981 | +5.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €178,845 | €191,129 | +€12,284 | +6.9% |
| Amounts payable within one year | 42/48 | €178,845 | €191,129 | +€12,284 | +6.9% |
| Trade debts | 44 | €87,024 | €111,330 | +€24,306 | +27.9% |
| Suppliers | 440/4 | €87,024 | €111,330 | +€24,306 | +27.9% |
| Taxes, remuneration and social security | 45 | €45,177 | €33,776 | -€11,401 | -25.2% |
| Taxes | 450/3 | €35,986 | €22,933 | -€13,053 | -36.3% |
| Remuneration and social security | 454/9 | €9,191 | €10,843 | +€1,652 | +18.0% |
| Other amounts payable | 47/48 | €46,645 | €46,023 | -€622 | -1.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €82,646 | €77,759 | -€4,888 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,325 | €32,634 | -€691 | -2.1% |
| Other operating charges | 640/8 | €5,186 | €5,398 | +€213 | +4.1% |
| Gross operating margin | 9900 | €324,026 | €283,108 | -€40,919 | -12.6% |
| Operating profit (loss) | 9901 | €202,870 | €167,317 | -€35,552 | -17.5% |
| Financial income | 75/76B | €841 | €2,023 | +€1,182 | +141% |
| Recurring financial income | 75 | €841 | €2,023 | +€1,182 | +141% |
| Financial charges | 65/66B | €776 | €702 | -€74 | -9.6% |
| Recurring financial charges | 65 | €776 | €702 | -€74 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €202,935 | €168,639 | -€34,296 | -16.9% |
| Income taxes | 67/77 | €62,508 | €54,657 | -€7,850 | -12.6% |
| Profit (loss) for the period | 9904 | €140,427 | €113,981 | -€26,446 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €140,427 | €113,981 | -€26,446 | -18.8% |
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 31 October 2026 via checked.be.