APOTHEEK CORNE: what changed
APOTHEEK CORNE
Largest movements
- Stocks and contracts +€90,626
up €90,626 (+41.3%), from €219,329 to €309,955
- Cash +€55,748
up €55,748 (+43.3%), from €128,862 to €184,610
mainly Other debts (+€131,898) and Net result for the year (+€47,571)
- Receivables within one year +€30,855
up €30,855 (+17.0%), from €181,502 to €212,358
of which Trade receivables: +€96,798
- Tangible fixed assets -€13,154
down €13,154 (-15.3%), from €85,974 to €72,820
of which Land and buildings: -€10,640
- Other debts +€131,898
up €131,898 (+91.0%), from €145,000 to €276,898
- Trade debts +€39,744
up €39,744 (+46.1%), from €86,276 to €126,021
- Current portion of long-term debt -€18,205
down €18,205 (-100%), from €18,205 to €0
- Tax, wage and social debts +€12,542
up €12,542 (+61.3%), from €20,465 to €33,007
of which Remuneration and social security: +€11,071
- Gross operating margin -€105,444
down €105,444 (-34.8%), from €303,012 to €197,568
- Depreciation -€18,862
down €18,862 (-53.8%), from €35,052 to €16,189
- Staff costs +€7,564
up €7,564 (+6.5%), from €115,850 to €123,414
- Financial charges +€5,664
up €5,664 (+165%), from €3,429 to €9,093
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €622,777 | €789,558 | +€166,781 | +26.8% |
| Fixed assets | 21/28 | €90,974 | €77,820 | -€13,154 | -14.5% |
| Tangible fixed assets | 22/27 | €85,974 | €72,820 | -€13,154 | -15.3% |
| Land and buildings | 22 | €48,977 | €38,337 | -€10,640 | -21.7% |
| Plant, machinery and equipment | 23 | €32,960 | €32,314 | -€646 | -2.0% |
| Furniture and vehicles | 24 | €4,037 | €2,169 | -€1,868 | -46.3% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €531,803 | €711,739 | +€179,936 | +33.8% |
| Stocks and contracts in progress | 3 | €219,329 | €309,955 | +€90,626 | +41.3% |
| Stocks | 30/36 | €219,329 | €309,955 | +€90,626 | +41.3% |
| Amounts receivable within one year | 40/41 | €181,502 | €212,358 | +€30,855 | +17.0% |
| Trade receivables | 40 | €96,372 | €193,170 | +€96,798 | +100% |
| Other amounts receivable | 41 | €85,131 | €19,188 | -€65,943 | -77.5% |
| Cash at bank and in hand | 54/58 | €128,862 | €184,610 | +€55,748 | +43.3% |
| Deferred charges and accrued income | 490/1 | €2,109 | €4,815 | +€2,706 | +128% |
| Total equity and liabilities | 10/49 | €622,777 | €789,558 | +€166,781 | +26.8% |
| Equity | 10/15 | €301,811 | €303,382 | +€1,571 | +0.5% |
| Contributions | 10/11 | €212,800 | €212,800 | = | 0.0% |
| Reserves | 13 | €89,011 | €90,582 | +€1,571 | +1.8% |
| Distributable reserves | 133 | €89,011 | €90,582 | +€1,571 | +1.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €320,967 | €486,177 | +€165,210 | +51.5% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €269,967 | €435,926 | +€165,960 | +61.5% |
| Current portion of amounts payable after more than one year | 42 | €18,205 | €0 | -€18,205 | -100% |
| Financial debts | 43 | €20 | €0 | -€20 | -100% |
| Credit institutions | 430/8 | €20 | €0 | -€20 | -100% |
| Trade debts | 44 | €86,276 | €126,021 | +€39,744 | +46.1% |
| Suppliers | 440/4 | €86,276 | €126,021 | +€39,744 | +46.1% |
| Taxes, remuneration and social security | 45 | €20,465 | €33,007 | +€12,542 | +61.3% |
| Taxes | 450/3 | €319 | €1,790 | +€1,471 | +461% |
| Remuneration and social security | 454/9 | €20,146 | €31,217 | +€11,071 | +55.0% |
| Other amounts payable | 47/48 | €145,000 | €276,898 | +€131,898 | +91.0% |
| Accrued charges and deferred income | 492/3 | €1,000 | €251 | -€749 | -74.9% |
| Remuneration, social security and pensions | 62 | €115,850 | €123,414 | +€7,564 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,052 | €16,189 | -€18,862 | -53.8% |
| Other operating charges | 640/8 | €1,618 | €2,028 | +€410 | +25.4% |
| Gross operating margin | 9900 | €303,012 | €197,568 | -€105,444 | -34.8% |
| Operating profit (loss) | 9901 | €150,493 | €55,937 | -€94,556 | -62.8% |
| Financial income | 75/76B | €4,779 | €2,577 | -€2,203 | -46.1% |
| Recurring financial income | 75 | €4,779 | €2,577 | -€2,203 | -46.1% |
| Financial charges | 65/66B | €3,429 | €9,093 | +€5,664 | +165% |
| Recurring financial charges | 65 | €3,429 | €9,093 | +€5,664 | +165% |
| Profit (loss) for the period before taxes | 9903 | €151,843 | €49,421 | -€102,422 | -67.5% |
| Income taxes | 67/77 | €2,119 | €1,850 | -€269 | -12.7% |
| Profit (loss) for the period | 9904 | €149,724 | €47,571 | -€102,153 | -68.2% |
| Profit (loss) for the period to be appropriated | 9905 | €149,724 | €47,571 | -€102,153 | -68.2% |
Next steps
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 4 November 2026 via checked.be.