Apotheek E. Derveaux: 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 E. Derveaux
Largest movements
- Receivables within one year -€21,708
down €21,708 (-20.3%), from €107,056 to €85,347
of which Trade receivables: -€15,453
- Cash +€18,792
up €18,792 (+37.6%), from €50,041 to €68,834
mainly Receivables within one year (+€21,708) and Net result for the year (+€11,637)
- Stocks and contracts -€6,319
down €6,319 (-3.0%), from €209,511 to €203,192
- Other debts -€15,247
down €15,247 (-58.6%), from €26,012 to €10,765
- Reserves +€11,637
up €11,637 (+4.9%), from €237,601 to €249,238
of which Distributable reserves: +€11,637
- Trade debts -€5,630
down €5,630 (-13.7%), from €41,226 to €35,597
- Gross operating margin +€17,436
up €17,436 (+23.7%), from €73,491 to €90,927
- Taxes +€4,911
up €4,911 (+787%), from €624 to €5,535
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 | €381,064 | €372,220 | -€8,845 | -2.3% |
| Fixed assets | 21/28 | €14,457 | €14,117 | -€339 | -2.3% |
| Tangible fixed assets | 22/27 | €10,407 | €10,067 | -€339 | -3.3% |
| Plant, machinery and equipment | 23 | €6,983 | €3,571 | -€3,412 | -48.9% |
| Furniture and vehicles | 24 | €1,788 | €5,515 | +€3,727 | +208% |
| Other tangible fixed assets | 26 | €1,636 | €981 | -€654 | -40.0% |
| Financial fixed assets | 28 | €4,050 | €4,050 | = | 0.0% |
| Current assets | 29/58 | €366,608 | €358,102 | -€8,505 | -2.3% |
| Stocks and contracts in progress | 3 | €209,511 | €203,192 | -€6,319 | -3.0% |
| Stocks | 30/36 | €209,511 | €203,192 | -€6,319 | -3.0% |
| Amounts receivable within one year | 40/41 | €107,056 | €85,347 | -€21,708 | -20.3% |
| Trade receivables | 40 | €63,722 | €48,270 | -€15,453 | -24.2% |
| Other amounts receivable | 41 | €43,333 | €37,078 | -€6,256 | -14.4% |
| Cash at bank and in hand | 54/58 | €50,041 | €68,834 | +€18,792 | +37.6% |
| Deferred charges and accrued income | 490/1 | - | €729 | +€729 | |
| Total equity and liabilities | 10/49 | €381,064 | €372,220 | -€8,845 | -2.3% |
| Equity | 10/15 | €299,601 | €311,238 | +€11,637 | +3.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €237,601 | €249,238 | +€11,637 | +4.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €231,401 | €243,038 | +€11,637 | +5.0% |
| Amounts payable | 17/49 | €81,464 | €60,982 | -€20,482 | -25.1% |
| Amounts payable within one year | 42/48 | €81,464 | €60,982 | -€20,482 | -25.1% |
| Trade debts | 44 | €41,226 | €35,597 | -€5,630 | -13.7% |
| Suppliers | 440/4 | €41,226 | €35,597 | -€5,630 | -13.7% |
| Taxes, remuneration and social security | 45 | €14,225 | €14,620 | +€395 | +2.8% |
| Taxes | 450/3 | €3,698 | €1,883 | -€1,815 | -49.1% |
| Remuneration and social security | 454/9 | €10,528 | €12,738 | +€2,210 | +21.0% |
| Other amounts payable | 47/48 | €26,012 | €10,765 | -€15,247 | -58.6% |
| Remuneration, social security and pensions | 62 | €63,893 | €64,331 | +€438 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,270 | €4,829 | -€441 | -8.4% |
| Other operating charges | 640/8 | €1,423 | €1,468 | +€45 | +3.2% |
| Non-recurring operating charges | 66A | €419 | €1,054 | +€636 | +152% |
| Gross operating margin | 9900 | €73,491 | €90,927 | +€17,436 | +23.7% |
| Operating profit (loss) | 9901 | €2,485 | €19,244 | +€16,759 | +674% |
| Financial income | 75/76B | €293 | €420 | +€127 | +43.2% |
| Recurring financial income | 75 | €24 | €49 | +€25 | +106% |
| Non-recurring financial income | 76B | €269 | €371 | +€102 | +37.7% |
| Financial charges | 65/66B | €2,727 | €2,492 | -€235 | -8.6% |
| Recurring financial charges | 65 | €2,727 | €2,492 | -€235 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €52 | €17,172 | +€17,120 | +33,096% |
| Income taxes | 67/77 | €624 | €5,535 | +€4,911 | +787% |
| Profit (loss) for the period | 9904 | -€572 | €11,637 | +€12,209 | |
| Profit (loss) for the period to be appropriated | 9905 | -€572 | €11,637 | +€12,209 |
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.