Apotheek De Thems: 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 De Thems
Largest movements
- Cash -€65,246
down €65,246 (-30.7%), from €212,735 to €147,489
mainly Other debts (-€95,248) and Contributions, distributions and other (-€49,500)
- Receivables within one year +€25,801
up €25,801 (+27.8%), from €92,709 to €118,510
of which Trade receivables: +€27,778
- Stocks and contracts +€15,755
up €15,755 (+7.8%), from €202,726 to €218,482
- Tangible fixed assets +€11,541
up €11,541 (+2.0%), from €581,807 to €593,348
of which Land and buildings: +€25,169
- Reserves +€100,918
up €100,918 (+47.7%), from €211,707 to €312,626
- Other debts -€95,248
down €95,248 (-35.2%), from €270,222 to €174,974
- Debts after one year -€44,657
down €44,657 (-13.1%), from €340,928 to €296,271
- Trade debts +€14,889
up €14,889 (+20.0%), from €74,457 to €89,346
- Gross operating margin +€56,051
up €56,051 (+22.9%), from €244,888 to €300,938
- Taxes +€32,233
up €32,233 (+5,085%), from €634 to €32,867
- Staff costs +€18,402
up €18,402 (+38.1%), from €48,327 to €66,729
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 | €1,095,331 | €1,081,162 | -€14,168 | -1.3% |
| Fixed assets | 21/28 | €583,499 | €594,826 | +€11,327 | +1.9% |
| Intangible fixed assets | 21 | €1,462 | €1,248 | -€214 | -14.6% |
| Tangible fixed assets | 22/27 | €581,807 | €593,348 | +€11,541 | +2.0% |
| Land and buildings | 22 | €506,318 | €531,487 | +€25,169 | +5.0% |
| Plant, machinery and equipment | 23 | €75,226 | €61,735 | -€13,491 | -17.9% |
| Furniture and vehicles | 24 | €263 | €126 | -€138 | -52.3% |
| Financial fixed assets | 28 | €230 | €230 | = | 0.0% |
| Current assets | 29/58 | €511,831 | €486,337 | -€25,495 | -5.0% |
| Stocks and contracts in progress | 3 | €202,726 | €218,482 | +€15,755 | +7.8% |
| Stocks | 30/36 | €202,726 | €218,482 | +€15,755 | +7.8% |
| Amounts receivable within one year | 40/41 | €92,709 | €118,510 | +€25,801 | +27.8% |
| Trade receivables | 40 | €88,694 | €116,472 | +€27,778 | +31.3% |
| Other amounts receivable | 41 | €4,015 | €2,038 | -€1,977 | -49.2% |
| Cash at bank and in hand | 54/58 | €212,735 | €147,489 | -€65,246 | -30.7% |
| Deferred charges and accrued income | 490/1 | €3,661 | €1,856 | -€1,805 | -49.3% |
| Total equity and liabilities | 10/49 | €1,095,331 | €1,081,162 | -€14,168 | -1.3% |
| Equity | 10/15 | €361,707 | €462,626 | +€100,918 | +27.9% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €211,707 | €312,626 | +€100,918 | +47.7% |
| Distributable reserves | 133 | €211,707 | €312,626 | +€100,918 | +47.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €733,623 | €618,537 | -€115,087 | -15.7% |
| Amounts payable after more than one year | 17 | €340,928 | €296,271 | -€44,657 | -13.1% |
| Financial debts | 170/4 | €340,928 | €296,271 | -€44,657 | -13.1% |
| Amounts payable within one year | 42/48 | €392,696 | €322,266 | -€70,430 | -17.9% |
| Current portion of amounts payable after more than one year | 42 | €44,553 | €44,657 | +€104 | +0.2% |
| Trade debts | 44 | €74,457 | €89,346 | +€14,889 | +20.0% |
| Suppliers | 440/4 | €74,457 | €89,346 | +€14,889 | +20.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €3,463 | €13,289 | +€9,825 | +284% |
| Taxes | 450/3 | €634 | €660 | +€26 | +4.1% |
| Remuneration and social security | 454/9 | €2,829 | €12,628 | +€9,799 | +346% |
| Other amounts payable | 47/48 | €270,222 | €174,974 | -€95,248 | -35.2% |
| Remuneration, social security and pensions | 62 | €48,327 | €66,729 | +€18,402 | +38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,594 | €38,044 | +€1,450 | +4.0% |
| Other operating charges | 640/8 | €3,256 | €3,357 | +€100 | +3.1% |
| Non-recurring operating charges | 66A | €37 | €0 | -€37 | -100% |
| Gross operating margin | 9900 | €244,888 | €300,938 | +€56,051 | +22.9% |
| Operating profit (loss) | 9901 | €156,674 | €192,809 | +€36,135 | +23.1% |
| Financial income | 75/76B | €477 | €165 | -€313 | -65.5% |
| Recurring financial income | 75 | €477 | €165 | -€313 | -65.5% |
| Financial charges | 65/66B | €9,459 | €9,688 | +€229 | +2.4% |
| Recurring financial charges | 65 | €9,459 | €9,688 | +€229 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €147,692 | €183,286 | +€35,594 | +24.1% |
| Income taxes | 67/77 | €634 | €32,867 | +€32,233 | +5,085% |
| Profit (loss) for the period | 9904 | €147,058 | €150,418 | +€3,361 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €147,058 | €150,418 | +€3,361 | +2.3% |
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 30 October 2026 via checked.be.