APOTHEEK COPPENS-DERCON: what changed
What changed
APOTHEEK COPPENS-DERCON
NACE 47.730, Retail sale of pharmaceutical products
filed annual accounts (NBB)
Net result for the year
€81,771
2024 · €72,950+€8,821
Equity
€64,695
2024 · €47,923+€16,771
Cash
€3,534
2024 · €5,958-€2,424
Balance sheet total
€747,309
2024 · €779,117-€31,808
Largest movements
Assets
- Receivables within one year -€24,459
down €24,459 (-13.2%), from €185,896 to €161,437
of which Other amounts receivable: -€62,694
- Tangible fixed assets -€15,501
down €15,501 (-3.8%), from €409,779 to €394,278
of which Land and buildings: -€14,627
- Stocks and contracts +€9,570
up €9,570 (+7.3%), from €130,305 to €139,875
- Financial fixed assets +€9,051
new in 2025: €9,051
Equity and liabilities
- Current portion of long-term debt -€25,230
down €25,230 (-19.9%), from €126,485 to €101,255
- Reserves +€16,771
up €16,771 (+40.2%), from €41,723 to €58,495
- Other debts -€11,980
down €11,980 (-12.3%), from €97,403 to €85,423
- Short-term financial debts -€8,084
down €8,084 (-31.4%), from €25,759 to €17,675
Income statement
- Gross operating margin +€20,586
up €20,586 (+12.4%), from €165,506 to €186,092
- Taxes +€7,255
up €7,255 (+35.7%), from €20,321 to €27,576
- Financial income -€2,756
down €2,756 (-38.4%), from €7,179 to €4,423
- Depreciation +€1,890
up €1,890 (+5.6%), from €33,867 to €35,756
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
€72,950
Gross operating margin
+€20,586
Staff costs
-€888
Depreciation
-€1,890
Other operating charges
-€245
Financial income
-€2,756
Financial charges
+€1,269
Taxes
-€7,255
Result 2025
€81,771
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
+€120,451
Investment
-€23,307
Financing
-€99,569
Cash 2024
€5,958
From operations (derived)
+€120,451
Net result for the year
+€81,771
Depreciation
+€35,756
Stocks and contracts
-€9,570
Receivables within one year
+€24,459
Deferred charges and accrued income
+€2,045
Trade debts
+€1,475
Tax, wage and social debts
-€4,487
Other debts
-€11,980
Accrued charges and deferred income
+€981
Investment (derived)
-€23,307
Investment in fixed assets (net)
-€23,307
Financing
-€99,569
Debts after one year
-€1,255
Current portion of long-term debt
-€25,230
Short-term financial debts
-€8,084
Contributions, distributions and other
-€65,000
Cash 2025
€3,534
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €779,117 | €747,309 | -€31,808 | -4.1% |
| Fixed assets | 21/28 | €423,653 | €411,203 | -€12,450 | -2.9% |
| Intangible fixed assets | 21 | €13,874 | €7,874 | -€6,000 | -43.2% |
| Tangible fixed assets | 22/27 | €409,779 | €394,278 | -€15,501 | -3.8% |
| Land and buildings | 22 | €362,072 | €347,445 | -€14,627 | -4.0% |
| Plant, machinery and equipment | 23 | €11,497 | €17,720 | +€6,223 | +54.1% |
| Furniture and vehicles | 24 | €36,210 | €29,113 | -€7,097 | -19.6% |
| Financial fixed assets | 28 | - | €9,051 | +€9,051 | |
| Current assets | 29/58 | €355,465 | €336,106 | -€19,359 | -5.4% |
| Stocks and contracts in progress | 3 | €130,305 | €139,875 | +€9,570 | +7.3% |
| Stocks | 30/36 | €130,305 | €139,875 | +€9,570 | +7.3% |
| Amounts receivable within one year | 40/41 | €185,896 | €161,437 | -€24,459 | -13.2% |
| Trade receivables | 40 | €75,203 | €113,438 | +€38,235 | +50.8% |
| Other amounts receivable | 41 | €110,693 | €47,998 | -€62,694 | -56.6% |
| Cash at bank and in hand | 54/58 | €5,958 | €3,534 | -€2,424 | -40.7% |
| Deferred charges and accrued income | 490/1 | €33,306 | €31,261 | -€2,045 | -6.1% |
| Total equity and liabilities | 10/49 | €779,117 | €747,309 | -€31,808 | -4.1% |
| Equity | 10/15 | €47,923 | €64,695 | +€16,771 | +35.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41,723 | €58,495 | +€16,771 | +40.2% |
| Distributable reserves | 133 | €41,723 | €58,495 | +€16,771 | +40.2% |
| Amounts payable | 17/49 | €731,194 | €682,614 | -€48,580 | -6.6% |
| Amounts payable after more than one year | 17 | €283,480 | €282,225 | -€1,255 | -0.4% |
| Financial debts | 170/4 | €283,480 | €282,225 | -€1,255 | -0.4% |
| Amounts payable within one year | 42/48 | €447,293 | €398,987 | -€48,306 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €126,485 | €101,255 | -€25,230 | -19.9% |
| Financial debts | 43 | €25,759 | €17,675 | -€8,084 | -31.4% |
| Credit institutions | 430/8 | €25,759 | €17,675 | -€8,084 | -31.4% |
| Trade debts | 44 | €185,650 | €187,125 | +€1,475 | +0.8% |
| Suppliers | 440/4 | €185,650 | €187,125 | +€1,475 | +0.8% |
| Taxes, remuneration and social security | 45 | €11,997 | €7,509 | -€4,487 | -37.4% |
| Taxes | 450/3 | €11,700 | €7,187 | -€4,513 | -38.6% |
| Remuneration and social security | 454/9 | €297 | €322 | +€26 | +8.7% |
| Other amounts payable | 47/48 | €97,403 | €85,423 | -€11,980 | -12.3% |
| Accrued charges and deferred income | 492/3 | €421 | €1,402 | +€981 | +233% |
| Remuneration, social security and pensions | 62 | €7,479 | €8,367 | +€888 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,867 | €35,756 | +€1,890 | +5.6% |
| Other operating charges | 640/8 | €4,619 | €4,864 | +€245 | +5.3% |
| Gross operating margin | 9900 | €165,506 | €186,092 | +€20,586 | +12.4% |
| Operating profit (loss) | 9901 | €119,542 | €137,105 | +€17,563 | +14.7% |
| Financial income | 75/76B | €7,179 | €4,423 | -€2,756 | -38.4% |
| Recurring financial income | 75 | €7,179 | €4,423 | -€2,756 | -38.4% |
| Financial charges | 65/66B | €33,449 | €32,180 | -€1,269 | -3.8% |
| Recurring financial charges | 65 | €33,449 | €32,180 | -€1,269 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €93,272 | €109,348 | +€16,076 | +17.2% |
| Income taxes | 67/77 | €20,321 | €27,576 | +€7,255 | +35.7% |
| Profit (loss) for the period | 9904 | €72,950 | €81,771 | +€8,821 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €72,950 | €81,771 | +€8,821 | +12.1% |
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 7 November 2026 via checked.be.