Apotheek Delrue: 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 Delrue
Largest movements
- Intangible fixed assets -€40,000
down €40,000 (-25.0%), from €160,000 to €120,000
- Cash +€39,351
up €39,351 (+21.3%), from €184,942 to €224,293
mainly Depreciation (+€46,473) and Other debts (+€36,259)
- Receivables within one year -€19,546
down €19,546 (-15.0%), from €130,458 to €110,912
of which Trade receivables: -€40,713
- Stocks and contracts -€9,585
down €9,585 (-4.2%), from €229,812 to €220,227
- Reserves -€55,308
down €55,308 (-14.9%), from €370,387 to €315,079
- Other debts +€36,259
up €36,259 (+19.8%), from €183,287 to €219,546
- Current portion of long-term debt -€30,000
down €30,000 (-75.0%), from €40,000 to €10,000
- Trade debts +€28,771
up €28,771 (+71.6%), from €40,182 to €68,954
- Debts after one year -€10,000
down €10,000 (-100%), from €10,000 to €0
- Gross operating margin -€144,133
down €144,133 (-46.2%), from €312,179 to €168,046
- Taxes -€43,449
down €43,449 (-84.0%), from €51,723 to €8,274
- Financial charges -€6,918
down €6,918 (-34.8%), from €19,908 to €12,989
- Depreciation -€3,766
down €3,766 (-7.5%), from €50,238 to €46,473
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 | €715,387 | €679,185 | -€36,202 | -5.1% |
| Fixed assets | 21/28 | €168,243 | €121,770 | -€46,473 | -27.6% |
| Intangible fixed assets | 21 | €160,000 | €120,000 | -€40,000 | -25.0% |
| Tangible fixed assets | 22/27 | €8,242 | €1,770 | -€6,473 | -78.5% |
| Plant, machinery and equipment | 23 | €501 | €262 | -€239 | -47.7% |
| Furniture and vehicles | 24 | €7,742 | €1,508 | -€6,234 | -80.5% |
| Current assets | 29/58 | €547,145 | €557,416 | +€10,271 | +1.9% |
| Stocks and contracts in progress | 3 | €229,812 | €220,227 | -€9,585 | -4.2% |
| Stocks | 30/36 | €229,812 | €220,227 | -€9,585 | -4.2% |
| Amounts receivable within one year | 40/41 | €130,458 | €110,912 | -€19,546 | -15.0% |
| Trade receivables | 40 | €129,897 | €89,185 | -€40,713 | -31.3% |
| Other amounts receivable | 41 | €560 | €21,727 | +€21,167 | +3,778% |
| Cash at bank and in hand | 54/58 | €184,942 | €224,293 | +€39,351 | +21.3% |
| Deferred charges and accrued income | 490/1 | €1,933 | €1,984 | +€50 | +2.6% |
| Total equity and liabilities | 10/49 | €715,387 | €679,185 | -€36,202 | -5.1% |
| Equity | 10/15 | €382,787 | €327,479 | -€55,308 | -14.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €370,387 | €315,079 | -€55,308 | -14.9% |
| Distributable reserves | 133 | €370,387 | €315,079 | -€55,308 | -14.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €332,601 | €351,707 | +€19,106 | +5.7% |
| Amounts payable after more than one year | 17 | €10,000 | €0 | -€10,000 | -100% |
| Financial debts | 170/4 | €10,000 | €0 | -€10,000 | -100% |
| Amounts payable within one year | 42/48 | €305,069 | €340,912 | +€35,843 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €40,000 | €10,000 | -€30,000 | -75.0% |
| Trade debts | 44 | €40,182 | €68,954 | +€28,771 | +71.6% |
| Suppliers | 440/4 | €40,182 | €68,954 | +€28,771 | +71.6% |
| Taxes, remuneration and social security | 45 | €41,600 | €42,412 | +€813 | +2.0% |
| Taxes | 450/3 | €25,496 | €21,015 | -€4,481 | -17.6% |
| Remuneration and social security | 454/9 | €16,104 | €21,397 | +€5,293 | +32.9% |
| Other amounts payable | 47/48 | €183,287 | €219,546 | +€36,259 | +19.8% |
| Accrued charges and deferred income | 492/3 | €17,532 | €10,795 | -€6,737 | -38.4% |
| Remuneration, social security and pensions | 62 | €73,327 | €75,171 | +€1,845 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,238 | €46,473 | -€3,766 | -7.5% |
| Other operating charges | 640/8 | €126 | €634 | +€508 | +403% |
| Gross operating margin | 9900 | €312,179 | €168,046 | -€144,133 | -46.2% |
| Operating profit (loss) | 9901 | €188,488 | €45,768 | -€142,720 | -75.7% |
| Financial income | 75/76B | €1,112 | €1,045 | -€68 | -6.1% |
| Recurring financial income | 75 | €1,112 | €1,045 | -€68 | -6.1% |
| Financial charges | 65/66B | €19,908 | €12,989 | -€6,918 | -34.8% |
| Recurring financial charges | 65 | €19,908 | €12,989 | -€6,918 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | €169,693 | €33,823 | -€135,869 | -80.1% |
| Income taxes | 67/77 | €51,723 | €8,274 | -€43,449 | -84.0% |
| Profit (loss) for the period | 9904 | €117,970 | €25,549 | -€92,421 | -78.3% |
| Profit (loss) for the period to be appropriated | 9905 | €117,970 | €25,549 | -€92,421 | -78.3% |
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 28 October 2026 via checked.be.