Apotheek Ellen Cogge: 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 Ellen Cogge
Largest movements
- Cash +€23,460
up €23,460 (+14.5%), from €161,911 to €185,371
mainly Depreciation (+€28,655) and Net result for the year (+€24,889)
- Receivables within one year +€20,582
up €20,582 (+15.7%), from €131,354 to €151,936
of which Trade receivables: +€36,367
- Intangible fixed assets -€16,200
down €16,200 (-33.3%), from €48,600 to €32,400
- Tangible fixed assets -€12,455
down €12,455 (-39.4%), from €31,580 to €19,125
of which Land and buildings: -€10,706
- Stocks and contracts -€10,898
down €10,898 (-12.7%), from €85,493 to €74,595
- Other debts +€24,573
up €24,573 (+7,767%), from €316 to €24,889
- Current portion of long-term debt -€12,329
down €12,329 (-86.9%), from €14,191 to €1,862
- Trade debts -€9,229
down €9,229 (-9.8%), from €94,065 to €84,836
- Gross operating margin -€13,770
down €13,770 (-15.2%), from €90,598 to €76,828
- Staff costs +€10,860
up €10,860 (+431%), from €2,523 to €13,383
- Taxes -€6,181
down €6,181 (-42.1%), from €14,690 to €8,509
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 | €463,371 | €465,443 | +€2,073 | +0.4% |
| Fixed assets | 21/28 | €80,180 | €51,525 | -€28,655 | -35.7% |
| Intangible fixed assets | 21 | €48,600 | €32,400 | -€16,200 | -33.3% |
| Tangible fixed assets | 22/27 | €31,580 | €19,125 | -€12,455 | -39.4% |
| Land and buildings | 22 | €26,335 | €15,629 | -€10,706 | -40.7% |
| Leasing and similar rights | 25 | €5,244 | €3,496 | -€1,748 | -33.3% |
| Current assets | 29/58 | €383,191 | €413,918 | +€30,727 | +8.0% |
| Stocks and contracts in progress | 3 | €85,493 | €74,595 | -€10,898 | -12.7% |
| Stocks | 30/36 | €85,493 | €74,595 | -€10,898 | -12.7% |
| Amounts receivable within one year | 40/41 | €131,354 | €151,936 | +€20,582 | +15.7% |
| Trade receivables | 40 | €69,963 | €106,330 | +€36,367 | +52.0% |
| Other amounts receivable | 41 | €61,391 | €45,607 | -€15,785 | -25.7% |
| Cash at bank and in hand | 54/58 | €161,911 | €185,371 | +€23,460 | +14.5% |
| Deferred charges and accrued income | 490/1 | €4,433 | €2,015 | -€2,417 | -54.5% |
| Total equity and liabilities | 10/49 | €463,371 | €465,443 | +€2,073 | +0.4% |
| Equity | 10/15 | €347,526 | €347,526 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €328,002 | €328,002 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,782 | €13,782 | = | 0.0% |
| Distributable reserves | 133 | €314,220 | €314,220 | = | 0.0% |
| Profit (loss) carried forward | 14 | €923 | €923 | = | 0.0% |
| Amounts payable | 17/49 | €115,845 | €117,918 | +€2,073 | +1.8% |
| Amounts payable after more than one year | 17 | €3,674 | €1,812 | -€1,862 | -50.7% |
| Financial debts | 170/4 | €3,674 | €1,812 | -€1,862 | -50.7% |
| Amounts payable within one year | 42/48 | €109,674 | €116,106 | +€6,432 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €14,191 | €1,862 | -€12,329 | -86.9% |
| Trade debts | 44 | €94,065 | €84,836 | -€9,229 | -9.8% |
| Suppliers | 440/4 | €94,065 | €84,836 | -€9,229 | -9.8% |
| Taxes, remuneration and social security | 45 | €1,102 | €4,518 | +€3,416 | +310% |
| Taxes | 450/3 | €18 | €417 | +€398 | +2,158% |
| Remuneration and social security | 454/9 | €1,083 | €4,102 | +€3,018 | +279% |
| Other amounts payable | 47/48 | €316 | €24,889 | +€24,573 | +7,767% |
| Accrued charges and deferred income | 492/3 | €2,497 | - | -€2,497 | |
| Remuneration, social security and pensions | 62 | €2,523 | €13,383 | +€10,860 | +431% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,655 | €28,655 | = | 0.0% |
| Other operating charges | 640/8 | €1,629 | €1,415 | -€214 | -13.1% |
| Gross operating margin | 9900 | €90,598 | €76,828 | -€13,770 | -15.2% |
| Operating profit (loss) | 9901 | €57,792 | €33,375 | -€24,417 | -42.2% |
| Financial income | 75/76B | €2,160 | €2,062 | -€98 | -4.5% |
| Recurring financial income | 75 | €2,160 | €2,062 | -€98 | -4.5% |
| Financial charges | 65/66B | €2,155 | €2,038 | -€117 | -5.4% |
| Recurring financial charges | 65 | €2,155 | €2,038 | -€117 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €57,797 | €33,399 | -€24,398 | -42.2% |
| Income taxes | 67/77 | €14,690 | €8,509 | -€6,181 | -42.1% |
| Profit (loss) for the period | 9904 | €43,106 | €24,889 | -€18,217 | -42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,106 | €24,889 | -€18,217 | -42.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.