Apotheek DK: 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 DK
Largest movements
- Receivables within one year +€115,601
up €115,601 (+183%), from €63,154 to €178,755
of which Trade receivables: +€112,660
- Stocks and contracts +€16,739
up €16,739 (+11.4%), from €146,458 to €163,197
- Cash -€15,947
down €15,947 (-32.0%), from €49,763 to €33,816
mainly Receivables within one year (-€115,601) and Investment in fixed assets (net) (-€25,558)
- Financial fixed assets +€15,410
new in 2025: €15,410
- Deferred charges and accrued income +€8,294
up €8,294 (+230%), from €3,607 to €11,901
- Trade debts +€68,935
up €68,935 (+225%), from €30,602 to €99,538
- Reserves +€49,942
up €49,942 (+41.5%), from €120,312 to €170,254
of which Distributable reserves: +€49,942
- Other debts +€12,152
up €12,152 (+14.5%), from €83,567 to €95,719
- Tax, wage and social debts +€10,977
up €10,977 (+58.7%), from €18,711 to €29,688
of which Remuneration and social security: +€11,370
- Staff costs +€51,505
up €51,505 (+50.3%), from €102,471 to €153,977
- Gross operating margin +€13,487
up €13,487 (+6.0%), from €225,367 to €238,854
- Taxes +€12,051
up €12,051 (+229%), from €5,269 to €17,320
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 | €327,957 | €465,446 | +€137,489 | +41.9% |
| Fixed assets | 21/28 | €64,975 | €77,777 | +€12,802 | +19.7% |
| Intangible fixed assets | 21 | €1,006 | €886 | -€120 | -11.9% |
| Tangible fixed assets | 22/27 | €63,969 | €61,481 | -€2,488 | -3.9% |
| Land and buildings | 22 | €17,084 | €15,416 | -€1,668 | -9.8% |
| Plant, machinery and equipment | 23 | €44,752 | €41,851 | -€2,901 | -6.5% |
| Furniture and vehicles | 24 | €2,133 | €4,214 | +€2,081 | +97.5% |
| Financial fixed assets | 28 | - | €15,410 | +€15,410 | |
| Current assets | 29/58 | €262,982 | €387,669 | +€124,687 | +47.4% |
| Stocks and contracts in progress | 3 | €146,458 | €163,197 | +€16,739 | +11.4% |
| Stocks | 30/36 | €146,458 | €163,197 | +€16,739 | +11.4% |
| Amounts receivable within one year | 40/41 | €63,154 | €178,755 | +€115,601 | +183% |
| Trade receivables | 40 | €60,723 | €173,383 | +€112,660 | +186% |
| Other amounts receivable | 41 | €2,430 | €5,372 | +€2,942 | +121% |
| Cash at bank and in hand | 54/58 | €49,763 | €33,816 | -€15,947 | -32.0% |
| Deferred charges and accrued income | 490/1 | €3,607 | €11,901 | +€8,294 | +230% |
| Total equity and liabilities | 10/49 | €327,957 | €465,446 | +€137,489 | +41.9% |
| Equity | 10/15 | €189,940 | €239,883 | +€49,942 | +26.3% |
| Contributions | 10/11 | €69,628 | €69,628 | = | 0.0% |
| Capital | 10 | €69,628 | €69,628 | = | 0.0% |
| Issued capital | 100 | €69,628 | €69,628 | = | 0.0% |
| Reserves | 13 | €120,312 | €170,254 | +€49,942 | +41.5% |
| Non-distributable reserves | 130/1 | €6,963 | €6,963 | = | 0.0% |
| Legal reserve | 130 | €6,963 | €6,963 | = | 0.0% |
| Tax-exempt reserves | 132 | €432 | €432 | = | 0.0% |
| Distributable reserves | 133 | €112,917 | €162,859 | +€49,942 | +44.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €138,016 | €225,564 | +€87,547 | +63.4% |
| Amounts payable within one year | 42/48 | €137,321 | €224,945 | +€87,624 | +63.8% |
| Trade debts | 44 | €30,602 | €99,538 | +€68,935 | +225% |
| Suppliers | 440/4 | €30,602 | €99,538 | +€68,935 | +225% |
| Advances received on contracts in progress | 46 | €4,441 | €0 | -€4,441 | -100% |
| Taxes, remuneration and social security | 45 | €18,711 | €29,688 | +€10,977 | +58.7% |
| Taxes | 450/3 | €2,672 | €2,279 | -€393 | -14.7% |
| Remuneration and social security | 454/9 | €16,039 | €27,409 | +€11,370 | +70.9% |
| Other amounts payable | 47/48 | €83,567 | €95,719 | +€12,152 | +14.5% |
| Accrued charges and deferred income | 492/3 | €695 | €619 | -€76 | -11.0% |
| Remuneration, social security and pensions | 62 | €102,471 | €153,977 | +€51,505 | +50.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,721 | €12,756 | +€1,035 | +8.8% |
| Other operating charges | 640/8 | €1,140 | €1,142 | +€3 | +0.2% |
| Non-recurring operating charges | 66A | €242 | €0 | -€242 | -100% |
| Gross operating margin | 9900 | €225,367 | €238,854 | +€13,487 | +6.0% |
| Operating profit (loss) | 9901 | €109,793 | €70,979 | -€38,814 | -35.4% |
| Financial income | 75/76B | €0 | €47 | +€47 | +14,684% |
| Recurring financial income | 75 | €0 | €47 | +€47 | +14,684% |
| Financial charges | 65/66B | €4,592 | €3,764 | -€828 | -18.0% |
| Recurring financial charges | 65 | €4,592 | €3,764 | -€828 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €105,201 | €67,263 | -€37,938 | -36.1% |
| Income taxes | 67/77 | €5,269 | €17,320 | +€12,051 | +229% |
| Profit (loss) for the period | 9904 | €99,932 | €49,942 | -€49,990 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €99,932 | €49,942 | -€49,990 | -50.0% |
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 16 October 2026 via checked.be.