Apotheek Godilo: 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 Godilo
Largest movements
- Receivables within one year -€202,228
down €202,228 (-38.0%), from €532,642 to €330,414
of which Other amounts receivable: -€165,217
- Cash +€18,808
up €18,808 (+72.3%), from €26,021 to €44,829
mainly Receivables within one year (+€202,228) and Net result for the year (+€63,882)
- Tangible fixed assets -€9,853
down €9,853 (-8.4%), from €117,413 to €107,561
of which Land and buildings: -€15,443
- Other debts -€199,062
down €199,062 (-73.9%), from €269,224 to €70,162
- Reserves +€63,882
up €63,882 (+35.9%), from €178,037 to €241,918
of which Distributable reserves: +€63,882
- Debts after one year -€46,132
down €46,132 (-36.8%), from €125,412 to €79,280
- Advances received -€36,135
down €36,135 (-93.5%), from €38,655 to €2,520
- Trade debts +€9,414
up €9,414 (+7.7%), from €122,194 to €131,608
- Gross operating margin +€15,001
up €15,001 (+16.8%), from €89,531 to €104,532
- Financial income +€3,953
up €3,953 (+15.4%), from €25,729 to €29,683
- Taxes +€3,773
up €3,773 (+20.7%), from €18,256 to €22,029
- Depreciation +€2,692
up €2,692 (+13.0%), from €20,755 to €23,447
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 | €802,585 | €608,404 | -€194,181 | -24.2% |
| Fixed assets | 21/28 | €117,413 | €107,561 | -€9,853 | -8.4% |
| Tangible fixed assets | 22/27 | €117,413 | €107,561 | -€9,853 | -8.4% |
| Land and buildings | 22 | €77,216 | €61,773 | -€15,443 | -20.0% |
| Plant, machinery and equipment | 23 | €21,883 | €19,117 | -€2,766 | -12.6% |
| Furniture and vehicles | 24 | €1,290 | €873 | -€416 | -32.3% |
| Other tangible fixed assets | 26 | €17,024 | €25,797 | +€8,773 | +51.5% |
| Current assets | 29/58 | €685,172 | €500,844 | -€184,328 | -26.9% |
| Stocks and contracts in progress | 3 | €124,659 | €123,667 | -€992 | -0.8% |
| Stocks | 30/36 | €124,659 | €123,667 | -€992 | -0.8% |
| Amounts receivable within one year | 40/41 | €532,642 | €330,414 | -€202,228 | -38.0% |
| Trade receivables | 40 | €108,858 | €71,847 | -€37,011 | -34.0% |
| Other amounts receivable | 41 | €423,784 | €258,567 | -€165,217 | -39.0% |
| Cash at bank and in hand | 54/58 | €26,021 | €44,829 | +€18,808 | +72.3% |
| Deferred charges and accrued income | 490/1 | €1,850 | €1,933 | +€83 | +4.5% |
| Total equity and liabilities | 10/49 | €802,585 | €608,404 | -€194,181 | -24.2% |
| Equity | 10/15 | €184,237 | €248,118 | +€63,882 | +34.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €178,037 | €241,918 | +€63,882 | +35.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €36,363 | €36,363 | = | 0.0% |
| Distributable reserves | 133 | €139,813 | €203,695 | +€63,882 | +45.7% |
| Amounts payable | 17/49 | €618,349 | €360,286 | -€258,062 | -41.7% |
| Amounts payable after more than one year | 17 | €125,412 | €79,280 | -€46,132 | -36.8% |
| Financial debts | 170/4 | €125,412 | €79,280 | -€46,132 | -36.8% |
| Amounts payable within one year | 42/48 | €492,909 | €281,006 | -€211,903 | -43.0% |
| Current portion of amounts payable after more than one year | 42 | €45,309 | €46,132 | +€823 | +1.8% |
| Financial debts | 43 | €6,274 | €12,536 | +€6,262 | +99.8% |
| Other loans | 439 | €6,274 | €12,536 | +€6,262 | +99.8% |
| Trade debts | 44 | €122,194 | €131,608 | +€9,414 | +7.7% |
| Suppliers | 440/4 | €122,194 | €131,608 | +€9,414 | +7.7% |
| Advances received on contracts in progress | 46 | €38,655 | €2,520 | -€36,135 | -93.5% |
| Taxes, remuneration and social security | 45 | €11,253 | €18,049 | +€6,795 | +60.4% |
| Taxes | 450/3 | €11,253 | €18,049 | +€6,795 | +60.4% |
| Other amounts payable | 47/48 | €269,224 | €70,162 | -€199,062 | -73.9% |
| Accrued charges and deferred income | 492/3 | €27 | €0 | -€27 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,755 | €23,447 | +€2,692 | +13.0% |
| Other operating charges | 640/8 | €4,269 | €3,744 | -€525 | -12.3% |
| Gross operating margin | 9900 | €89,531 | €104,532 | +€15,001 | +16.8% |
| Operating profit (loss) | 9901 | €64,507 | €77,341 | +€12,834 | +19.9% |
| Financial income | 75/76B | €25,729 | €29,683 | +€3,953 | +15.4% |
| Recurring financial income | 75 | €25,729 | €29,683 | +€3,953 | +15.4% |
| Financial charges | 65/66B | €21,325 | €21,113 | -€211 | -1.0% |
| Recurring financial charges | 65 | €21,325 | €21,113 | -€211 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €68,912 | €85,910 | +€16,998 | +24.7% |
| Income taxes | 67/77 | €18,256 | €22,029 | +€3,773 | +20.7% |
| Profit (loss) for the period | 9904 | €50,656 | €63,882 | +€13,225 | +26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,656 | €63,882 | +€13,225 | +26.1% |
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 23 October 2026 via checked.be.