APOTHEEK FRANSEN: 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 FRANSEN
Largest movements
- Cash +€47,857
up €47,857 (+25.9%), from €184,890 to €232,747
mainly Net result for the year (+€121,876) and Other debts (+€82,004)
- Stocks and contracts +€23,347
up €23,347 (+18.9%), from €123,607 to €146,954
- Receivables within one year +€11,461
up €11,461 (+14.7%), from €77,729 to €89,190
of which Trade receivables: +€13,187
- Other debts +€82,004
up €82,004 (+48.2%), from €170,048 to €252,052
- Gross operating margin +€14,215
up €14,215 (+9.2%), from €154,453 to €168,668
- Taxes +€4,517
up €4,517 (+12.5%), from €36,110 to €40,626
- Depreciation -€3,255
down €3,255 (-44.9%), from €7,254 to €3,999
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 | €401,223 | €482,068 | +€80,845 | +20.1% |
| Fixed assets | 21/28 | €8,750 | €8,856 | +€106 | +1.2% |
| Tangible fixed assets | 22/27 | €8,750 | €8,856 | +€106 | +1.2% |
| Land and buildings | 22 | €65 | €33 | -€33 | -50.0% |
| Plant, machinery and equipment | 23 | €6,585 | €8,307 | +€1,722 | +26.2% |
| Other tangible fixed assets | 26 | €2,100 | €516 | -€1,584 | -75.4% |
| Current assets | 29/58 | €392,473 | €473,212 | +€80,739 | +20.6% |
| Stocks and contracts in progress | 3 | €123,607 | €146,954 | +€23,347 | +18.9% |
| Stocks | 30/36 | €123,607 | €146,954 | +€23,347 | +18.9% |
| Amounts receivable within one year | 40/41 | €77,729 | €89,190 | +€11,461 | +14.7% |
| Trade receivables | 40 | €74,921 | €88,108 | +€13,187 | +17.6% |
| Other amounts receivable | 41 | €2,808 | €1,083 | -€1,726 | -61.4% |
| Cash at bank and in hand | 54/58 | €184,890 | €232,747 | +€47,857 | +25.9% |
| Deferred charges and accrued income | 490/1 | €6,247 | €4,321 | -€1,926 | -30.8% |
| Total equity and liabilities | 10/49 | €401,223 | €482,068 | +€80,845 | +20.1% |
| Equity | 10/15 | €144,661 | €143,537 | -€1,124 | -0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €126,061 | €124,937 | -€1,124 | -0.9% |
| Distributable reserves | 133 | €126,061 | €124,937 | -€1,124 | -0.9% |
| Amounts payable | 17/49 | €256,562 | €338,532 | +€81,969 | +31.9% |
| Amounts payable within one year | 42/48 | €256,562 | €338,532 | +€81,969 | +31.9% |
| Trade debts | 44 | €85,405 | €85,853 | +€448 | +0.5% |
| Suppliers | 440/4 | €85,405 | €85,853 | +€448 | +0.5% |
| Taxes, remuneration and social security | 45 | €1,110 | €626 | -€483 | -43.6% |
| Taxes | 450/3 | €1,110 | €626 | -€483 | -43.6% |
| Other amounts payable | 47/48 | €170,048 | €252,052 | +€82,004 | +48.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,254 | €3,999 | -€3,255 | -44.9% |
| Other operating charges | 640/8 | €1,864 | €657 | -€1,207 | -64.7% |
| Gross operating margin | 9900 | €154,453 | €168,668 | +€14,215 | +9.2% |
| Operating profit (loss) | 9901 | €145,334 | €164,012 | +€18,678 | +12.9% |
| Financial income | 75/76B | €1,282 | €847 | -€435 | -33.9% |
| Recurring financial income | 75 | €1,282 | €847 | -€435 | -33.9% |
| Financial charges | 65/66B | €2,661 | €2,357 | -€304 | -11.4% |
| Recurring financial charges | 65 | €2,661 | €2,357 | -€304 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €143,955 | €162,502 | +€18,547 | +12.9% |
| Income taxes | 67/77 | €36,110 | €40,626 | +€4,517 | +12.5% |
| Profit (loss) for the period | 9904 | €107,846 | €121,876 | +€14,030 | +13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €107,846 | €121,876 | +€14,030 | +13.0% |
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 18 October 2026 via checked.be.