APOTHEEK DECORTE: 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 DECORTE
Largest movements
- Cash +€79,239
up €79,239 (+82.7%), from €95,775 to €175,014
mainly Net result for the year (+€95,195) and Current investments (+€68,460)
- Current investments -€68,460
down €68,460 (-30.0%), from €228,313 to €159,853
- Receivables within one year -€23,989
down €23,989 (-17.6%), from €136,071 to €112,082
of which Other amounts receivable: -€41,118
- Tangible fixed assets +€21,532
up €21,532 (+13.5%), from €159,837 to €181,369
of which Land and buildings: +€23,040
- Debts after one year -€39,200
down €39,200 (-31.9%), from €122,767 to €83,567
- Reserves +€34,148
up €34,148 (+7.7%), from €443,172 to €477,319
of which Distributable reserves: +€34,148
- Gross operating margin +€17,474
up €17,474 (+9.3%), from €188,418 to €205,893
- Staff costs +€11,757
up €11,757 (+31.6%), from €37,258 to €49,015
- Financial charges -€4,454
down €4,454 (-40.0%), from €11,132 to €6,678
- Financial income -€3,272
down €3,272 (-31.8%), from €10,286 to €7,013
- Depreciation +€2,792
up €2,792 (+14.0%), from €19,981 to €22,772
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 | €764,331 | €768,690 | +€4,359 | +0.6% |
| Fixed assets | 21/28 | €159,951 | €181,483 | +€21,532 | +13.5% |
| Tangible fixed assets | 22/27 | €159,837 | €181,369 | +€21,532 | +13.5% |
| Land and buildings | 22 | €154,609 | €177,649 | +€23,040 | +14.9% |
| Plant, machinery and equipment | 23 | €2,724 | €2,081 | -€643 | -23.6% |
| Furniture and vehicles | 24 | €2,504 | €1,639 | -€866 | -34.6% |
| Financial fixed assets | 28 | €114 | €114 | = | 0.0% |
| Current assets | 29/58 | €604,380 | €587,207 | -€17,173 | -2.8% |
| Stocks and contracts in progress | 3 | €137,877 | €136,549 | -€1,328 | -1.0% |
| Stocks | 30/36 | €137,877 | €136,549 | -€1,328 | -1.0% |
| Amounts receivable within one year | 40/41 | €136,071 | €112,082 | -€23,989 | -17.6% |
| Trade receivables | 40 | €60,805 | €77,934 | +€17,129 | +28.2% |
| Other amounts receivable | 41 | €75,266 | €34,148 | -€41,118 | -54.6% |
| Current investments | 50/53 | €228,313 | €159,853 | -€68,460 | -30.0% |
| Cash at bank and in hand | 54/58 | €95,775 | €175,014 | +€79,239 | +82.7% |
| Deferred charges and accrued income | 490/1 | €6,343 | €3,708 | -€2,635 | -41.5% |
| Total equity and liabilities | 10/49 | €764,331 | €768,690 | +€4,359 | +0.6% |
| Equity | 10/15 | €468,172 | €502,319 | +€34,148 | +7.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €443,172 | €477,319 | +€34,148 | +7.7% |
| Tax-exempt reserves | 132 | €44,250 | €44,250 | = | 0.0% |
| Distributable reserves | 133 | €398,922 | €433,069 | +€34,148 | +8.6% |
| Amounts payable | 17/49 | €296,160 | €266,371 | -€29,789 | -10.1% |
| Amounts payable after more than one year | 17 | €122,767 | €83,567 | -€39,200 | -31.9% |
| Financial debts | 170/4 | €122,767 | €83,567 | -€39,200 | -31.9% |
| Amounts payable within one year | 42/48 | €172,346 | €182,637 | +€10,291 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €39,200 | €39,200 | = | 0.0% |
| Trade debts | 44 | €50,375 | €54,230 | +€3,855 | +7.7% |
| Suppliers | 440/4 | €50,375 | €54,230 | +€3,855 | +7.7% |
| Taxes, remuneration and social security | 45 | €25,677 | €28,160 | +€2,482 | +9.7% |
| Taxes | 450/3 | €22,744 | €21,982 | -€762 | -3.4% |
| Remuneration and social security | 454/9 | €2,933 | €6,177 | +€3,244 | +111% |
| Other amounts payable | 47/48 | €57,094 | €61,047 | +€3,954 | +6.9% |
| Accrued charges and deferred income | 492/3 | €1,047 | €166 | -€880 | -84.1% |
| Remuneration, social security and pensions | 62 | €37,258 | €49,015 | +€11,757 | +31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,981 | €22,772 | +€2,792 | +14.0% |
| Other operating charges | 640/8 | €3,470 | €3,605 | +€135 | +3.9% |
| Non-recurring operating charges | 66A | €42 | €54 | +€12 | +28.7% |
| Gross operating margin | 9900 | €188,418 | €205,893 | +€17,474 | +9.3% |
| Operating profit (loss) | 9901 | €127,667 | €130,447 | +€2,779 | +2.2% |
| Financial income | 75/76B | €10,286 | €7,013 | -€3,272 | -31.8% |
| Recurring financial income | 75 | €10,286 | €7,013 | -€3,272 | -31.8% |
| Financial charges | 65/66B | €11,132 | €6,678 | -€4,454 | -40.0% |
| Recurring financial charges | 65 | €11,132 | €6,678 | -€4,454 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €126,821 | €130,782 | +€3,961 | +3.1% |
| Income taxes | 67/77 | €35,718 | €35,587 | -€131 | -0.4% |
| Profit (loss) for the period | 9904 | €91,103 | €95,195 | +€4,092 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €91,103 | €95,195 | +€4,092 | +4.5% |
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 13 October 2026 via checked.be.