APOTHEEK GODERIS & VINCENT: 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 GODERIS & VINCENT
Largest movements
- Tangible fixed assets -€46,891
down €46,891 (-3.1%), from €1.5m to €1.5m
of which Plant, machinery and equipment: -€38,610
- Receivables within one year -€36,862
down €36,862 (-10.9%), from €337,183 to €300,321
of which Other amounts receivable: -€46,044
- Debts after one year -€124,260
down €124,260 (-9.1%), from €1.4m to €1.2m
of which Financial debts: -€84,228
- Other debts +€46,605
up €46,605 (+116.4%), from €40,032 to €86,637
- Trade debts -€25,643
down €25,643 (-17.8%), from €144,356 to €118,713
- Staff costs +€34,618
up €34,618 (+26.9%), from €128,765 to €163,383
- Gross operating margin +€12,258
up €12,258 (+3.7%), from €330,041 to €342,299
- Other operating charges +€3,880
up €3,880 (+59.3%), from €6,541 to €10,422
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.
Cash bridge derived
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 | €2,088,708 | €2,006,033 | -€82,675 | -4.0% |
| Fixed assets | 21/28 | €1,529,043 | €1,482,151 | -€46,891 | -3.1% |
| Tangible fixed assets | 22/27 | €1,529,043 | €1,482,151 | -€46,891 | -3.1% |
| Land and buildings | 22 | €984,611 | €955,464 | -€29,147 | -3.0% |
| Plant, machinery and equipment | 23 | €517,986 | €479,376 | -€38,610 | -7.5% |
| Furniture and vehicles | 24 | €16,706 | €40,168 | +€23,462 | +140.4% |
| Leasing and similar rights | 25 | €9,740 | €7,143 | -€2,597 | -26.7% |
| Current assets | 29/58 | €559,666 | €523,882 | -€35,783 | -6.4% |
| Stocks and contracts in progress | 3 | €184,767 | €190,898 | +€6,131 | +3.3% |
| Stocks | 30/36 | €184,767 | €190,898 | +€6,131 | +3.3% |
| Amounts receivable within one year | 40/41 | €337,183 | €300,321 | -€36,862 | -10.9% |
| Trade receivables | 40 | €181,821 | €191,003 | +€9,182 | +5.1% |
| Other amounts receivable | 41 | €155,362 | €109,318 | -€46,044 | -29.6% |
| Cash at bank and in hand | 54/58 | €31,124 | €27,398 | -€3,726 | -12.0% |
| Deferred charges and accrued income | 490/1 | €6,592 | €5,266 | -€1,326 | -20.1% |
| Total equity and liabilities | 10/49 | €2,088,708 | €2,006,033 | -€82,675 | -4.0% |
| Equity | 10/15 | €419,580 | €420,167 | +€587 | +0.1% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €219,580 | €220,167 | +€587 | +0.3% |
| Distributable reserves | 133 | €219,580 | €220,167 | +€587 | +0.3% |
| Amounts payable | 17/49 | €1,669,128 | €1,585,866 | -€83,262 | -5.0% |
| Amounts payable after more than one year | 17 | €1,365,360 | €1,241,101 | -€124,260 | -9.1% |
| Financial debts | 170/4 | €1,258,608 | €1,174,381 | -€84,228 | -6.7% |
| Other amounts payable | 178/9 | €106,752 | €66,720 | -€40,032 | -37.5% |
| Amounts payable within one year | 42/48 | €303,768 | €343,417 | +€39,649 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €105,422 | €114,181 | +€8,759 | +8.3% |
| Trade debts | 44 | €144,356 | €118,713 | -€25,643 | -17.8% |
| Suppliers | 440/4 | €144,356 | €118,713 | -€25,643 | -17.8% |
| Taxes, remuneration and social security | 45 | €13,958 | €23,886 | +€9,928 | +71.1% |
| Taxes | 450/3 | €1,021 | €5,667 | +€4,646 | +454.9% |
| Remuneration and social security | 454/9 | €12,937 | €18,219 | +€5,282 | +40.8% |
| Other amounts payable | 47/48 | €40,032 | €86,637 | +€46,605 | +116.4% |
| Accrued charges and deferred income | 492/3 | - | €1,349 | +€1,349 | |
| Remuneration, social security and pensions | 62 | €128,765 | €163,383 | +€34,618 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,133 | €86,155 | +€1,022 | +1.2% |
| Other operating charges | 640/8 | €6,541 | €10,422 | +€3,880 | +59.3% |
| Gross operating margin | 9900 | €330,041 | €342,299 | +€12,258 | +3.7% |
| Operating profit (loss) | 9901 | €109,601 | €82,339 | -€27,262 | -24.9% |
| Financial income | 75/76B | €7,158 | €9,146 | +€1,988 | +27.8% |
| Recurring financial income | 75 | €7,158 | €6,524 | -€634 | -8.9% |
| Non-recurring financial income | 76B | - | €2,622 | +€2,622 | |
| Financial charges | 65/66B | €45,344 | €43,405 | -€1,939 | -4.3% |
| Recurring financial charges | 65 | €45,344 | €43,405 | -€1,939 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €71,416 | €48,081 | -€23,335 | -32.7% |
| Income taxes | 67/77 | €2,060 | €3,494 | +€1,434 | +69.6% |
| Profit (loss) for the period | 9904 | €69,356 | €44,587 | -€24,769 | -35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €69,356 | €44,587 | -€24,769 | -35.7% |
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 11 October 2026 via checked.be.