APOTHEEK CORNELUS: what changed
APOTHEEK CORNELUS
Largest movements
- Cash -€21,547
down €21,547 (-77.4%), from €27,851 to €6,305
mainly Other debts (-€177,998) and Receivables within one year (-€8,599)
- Tangible fixed assets -€18,173
down €18,173 (-16.3%), from €111,622 to €93,448
of which Land and buildings: -€13,081
- Receivables within one year +€8,599
up €8,599 (+24.9%), from €34,550 to €43,150
of which Trade receivables: +€7,207
- Stocks and contracts -€4,486
down €4,486 (-3.8%), from €116,814 to €112,328
- Other debts -€177,998
down €177,998 (-96.6%), from €184,224 to €6,226
- Debts after one year +€122,973
up €122,973, from €0 to €122,973
- Reserves +€13,207
up €13,207 (+35.6%), from €37,097 to €50,304
of which Distributable reserves: +€13,207
- Trade debts +€7,321
up €7,321 (+38.7%), from €18,936 to €26,257
- Short-term financial debts +€3,857
new in 2026: €3,857
- Gross operating margin +€2,993
up €2,993 (+7.2%), from €41,789 to €44,783
- Taxes -€2,332
down €2,332 (-29.6%), from €7,883 to €5,552
- Financial charges +€1,915
up €1,915 (+74.1%), from €2,586 to €4,501
- Depreciation -€1,149
down €1,149 (-5.9%), from €19,323 to €18,173
- Other operating charges +€1,077
up €1,077 (+42.4%), from €2,539 to €3,616
Change in the result, 2025 to 2026
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 2025 and 2026 balance sheets and the 2026 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 | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €293,300 | €258,837 | -€34,462 | -11.7% |
| Fixed assets | 21/28 | €111,622 | €93,448 | -€18,173 | -16.3% |
| Tangible fixed assets | 22/27 | €111,622 | €93,448 | -€18,173 | -16.3% |
| Land and buildings | 22 | €90,323 | €77,242 | -€13,081 | -14.5% |
| Plant, machinery and equipment | 23 | €19,892 | €15,497 | -€4,395 | -22.1% |
| Furniture and vehicles | 24 | €1,407 | €710 | -€697 | -49.5% |
| Current assets | 29/58 | €181,678 | €165,389 | -€16,289 | -9.0% |
| Stocks and contracts in progress | 3 | €116,814 | €112,328 | -€4,486 | -3.8% |
| Stocks | 30/36 | €116,814 | €112,328 | -€4,486 | -3.8% |
| Amounts receivable within one year | 40/41 | €34,550 | €43,150 | +€8,599 | +24.9% |
| Trade receivables | 40 | €27,302 | €34,509 | +€7,207 | +26.4% |
| Other amounts receivable | 41 | €7,249 | €8,641 | +€1,392 | +19.2% |
| Cash at bank and in hand | 54/58 | €27,851 | €6,305 | -€21,547 | -77.4% |
| Deferred charges and accrued income | 490/1 | €2,462 | €3,607 | +€1,145 | +46.5% |
| Total equity and liabilities | 10/49 | €293,300 | €258,837 | -€34,462 | -11.7% |
| Equity | 10/15 | €55,697 | €68,904 | +€13,207 | +23.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €37,097 | €50,304 | +€13,207 | +35.6% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €37,097 | €50,304 | +€13,207 | +35.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €237,602 | €189,933 | -€47,669 | -20.1% |
| Amounts payable after more than one year | 17 | €0 | €122,973 | +€122,973 | |
| Financial debts | 170/4 | €0 | €122,973 | +€122,973 | |
| Amounts payable within one year | 42/48 | €236,499 | €65,357 | -€171,143 | -72.4% |
| Current portion of amounts payable after more than one year | 42 | €21,088 | €19,509 | -€1,579 | -7.5% |
| Financial debts | 43 | - | €3,857 | +€3,857 | |
| Credit institutions | 430/8 | - | €3,857 | +€3,857 | |
| Trade debts | 44 | €18,936 | €26,257 | +€7,321 | +38.7% |
| Suppliers | 440/4 | €18,936 | €26,257 | +€7,321 | +38.7% |
| Taxes, remuneration and social security | 45 | €12,251 | €9,508 | -€2,743 | -22.4% |
| Taxes | 450/3 | €10,051 | €9,508 | -€543 | -5.4% |
| Remuneration and social security | 454/9 | €2,200 | €0 | -€2,200 | -100% |
| Other amounts payable | 47/48 | €184,224 | €6,226 | -€177,998 | -96.6% |
| Accrued charges and deferred income | 492/3 | €1,103 | €1,604 | +€501 | +45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,323 | €18,173 | -€1,149 | -5.9% |
| Other operating charges | 640/8 | €2,539 | €3,616 | +€1,077 | +42.4% |
| Gross operating margin | 9900 | €41,789 | €44,783 | +€2,993 | +7.2% |
| Operating profit (loss) | 9901 | €19,928 | €22,993 | +€3,065 | +15.4% |
| Financial income | 75/76B | €415 | €267 | -€148 | -35.7% |
| Recurring financial income | 75 | €415 | €267 | -€148 | -35.7% |
| Financial charges | 65/66B | €2,586 | €4,501 | +€1,915 | +74.1% |
| Recurring financial charges | 65 | €2,586 | €4,501 | +€1,915 | +74.1% |
| Profit (loss) for the period before taxes | 9903 | €17,757 | €18,759 | +€1,002 | +5.6% |
| Income taxes | 67/77 | €7,883 | €5,552 | -€2,332 | -29.6% |
| Profit (loss) for the period | 9904 | €9,873 | €13,207 | +€3,333 | +33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,873 | €13,207 | +€3,333 | +33.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.