APOTHEEK DE BEER: what changed
APOTHEEK DE BEER
Largest movements
- Deferred charges and accrued income +€105,685
up €105,685 (+894%), from €11,827 to €117,512
- Receivables within one year -€102,224
down €102,224 (-81.3%), from €125,749 to €23,526
of which Trade receivables: -€100,603
- Cash +€50,248
up €50,248 (+21.6%), from €232,940 to €283,188
mainly Receivables within one year (+€102,224) and Net result for the year (+€38,591)
- Tangible fixed assets -€36,374
down €36,374 (-26.8%), from €135,793 to €99,419
of which Land and buildings: -€89,652
- Intangible fixed assets +€9,750
new in 2025: €9,750
- Reserves +€29,091
up €29,091 (+7.4%), from €393,192 to €422,283
- Trade debts +€12,693
up €12,693 (+18.6%), from €68,215 to €80,908
- Other debts -€8,900
down €8,900 (-5.4%), from €163,472 to €154,572
- Gross operating margin +€22,257
up €22,257 (+8.3%), from €267,956 to €290,213
- Staff costs +€11,679
up €11,679 (+6.1%), from €190,530 to €202,209
- Depreciation -€10,022
down €10,022 (-26.3%), from €38,163 to €28,141
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 | €691,915 | €725,937 | +€34,023 | +4.9% |
| Fixed assets | 21/28 | €135,793 | €109,169 | -€26,623 | -19.6% |
| Intangible fixed assets | 21 | - | €9,750 | +€9,750 | |
| Tangible fixed assets | 22/27 | €135,793 | €99,419 | -€36,374 | -26.8% |
| Land and buildings | 22 | €89,652 | - | -€89,652 | |
| Plant, machinery and equipment | 23 | €11,794 | €8,931 | -€2,863 | -24.3% |
| Furniture and vehicles | 24 | €34,346 | €8,095 | -€26,251 | -76.4% |
| Other tangible fixed assets | 26 | - | €82,393 | +€82,393 | |
| Current assets | 29/58 | €556,122 | €616,768 | +€60,646 | +10.9% |
| Stocks and contracts in progress | 3 | €185,605 | €192,542 | +€6,937 | +3.7% |
| Stocks | 30/36 | €185,605 | €192,542 | +€6,937 | +3.7% |
| Amounts receivable within one year | 40/41 | €125,749 | €23,526 | -€102,224 | -81.3% |
| Trade receivables | 40 | €117,057 | €16,454 | -€100,603 | -85.9% |
| Other amounts receivable | 41 | €8,692 | €7,072 | -€1,620 | -18.6% |
| Cash at bank and in hand | 54/58 | €232,940 | €283,188 | +€50,248 | +21.6% |
| Deferred charges and accrued income | 490/1 | €11,827 | €117,512 | +€105,685 | +894% |
| Total equity and liabilities | 10/49 | €691,915 | €725,937 | +€34,023 | +4.9% |
| Equity | 10/15 | €413,146 | €442,237 | +€29,091 | +7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €393,192 | €422,283 | +€29,091 | +7.4% |
| Distributable reserves | 133 | €393,192 | €422,283 | +€29,091 | +7.4% |
| Profit (loss) carried forward | 14 | €1,354 | €1,354 | = | 0.0% |
| Amounts payable | 17/49 | €278,769 | €283,700 | +€4,932 | +1.8% |
| Amounts payable within one year | 42/48 | €269,696 | €274,768 | +€5,072 | +1.9% |
| Trade debts | 44 | €68,215 | €80,908 | +€12,693 | +18.6% |
| Suppliers | 440/4 | €68,215 | €80,908 | +€12,693 | +18.6% |
| Taxes, remuneration and social security | 45 | €38,009 | €39,288 | +€1,279 | +3.4% |
| Taxes | 450/3 | €5,071 | €2,804 | -€2,267 | -44.7% |
| Remuneration and social security | 454/9 | €32,937 | €36,484 | +€3,547 | +10.8% |
| Other amounts payable | 47/48 | €163,472 | €154,572 | -€8,900 | -5.4% |
| Accrued charges and deferred income | 492/3 | €9,073 | €8,933 | -€141 | -1.5% |
| Remuneration, social security and pensions | 62 | €190,530 | €202,209 | +€11,679 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,163 | €28,141 | -€10,022 | -26.3% |
| Other operating charges | 640/8 | €2,609 | €5,419 | +€2,810 | +108% |
| Gross operating margin | 9900 | €267,956 | €290,213 | +€22,257 | +8.3% |
| Operating profit (loss) | 9901 | €36,653 | €54,443 | +€17,789 | +48.5% |
| Financial income | 75/76B | €2,571 | €2,451 | -€119 | -4.6% |
| Recurring financial income | 75 | €2,571 | €2,451 | -€119 | -4.6% |
| Financial charges | 65/66B | €13,821 | €11,162 | -€2,658 | -19.2% |
| Recurring financial charges | 65 | €13,821 | €11,162 | -€2,658 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €25,403 | €45,732 | +€20,328 | +80.0% |
| Income taxes | 67/77 | €6,963 | €7,140 | +€177 | +2.5% |
| Profit (loss) for the period | 9904 | €18,440 | €38,591 | +€20,151 | +109% |
| Profit (loss) for the period to be appropriated | 9905 | €18,440 | €38,591 | +€20,151 | +109% |
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.