Apotheek Grillet: what changed
What changed
Apotheek Grillet
NACE 47.730, Retail sale of pharmaceutical products
filed annual accounts (NBB)
Net result for the year
€110,492
2024 · €83,384+€27,109
Equity
€469,257
2024 · €418,764+€50,492
Cash
€222,816
2024 · €177,923+€44,893
Balance sheet total
€694,883
2024 · €627,380+€67,503
Largest movements
Assets
- Cash +€44,893
up €44,893 (+25.2%), from €177,923 to €222,816
mainly Net result for the year (+€110,492) and Other debts (+€20,094)
- Receivables within one year +€32,640
up €32,640 (+15.4%), from €211,332 to €243,972
of which Trade receivables: +€34,181
Equity and liabilities
- Reserves +€50,492
up €50,492 (+14.2%), from €356,764 to €407,257
of which Distributable reserves: +€50,492
- Other debts +€20,094
up €20,094 (+15.4%), from €130,145 to €150,239
Income statement
- Gross operating margin +€31,250
up €31,250 (+15.5%), from €201,907 to €233,157
- Staff costs +€3,634
up €3,634 (+4.0%), from €90,783 to €94,416
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€83,384
Gross operating margin
+€31,250
Staff costs
-€3,634
Depreciation
+€778
Other operating charges
+€457
Financial income
+€307
Financial charges
+€19
Taxes
-€2,068
Result 2025
€110,492
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€104,893
Investment
€0
Financing
-€60,000
Cash 2024
€177,923
From operations (derived)
+€104,893
Net result for the year
+€110,492
Depreciation
+€8,783
Stocks and contracts
+€1,612
Receivables within one year
-€32,640
Deferred charges and accrued income
-€364
Trade debts
-€290
Tax, wage and social debts
-€2,794
Other debts
+€20,094
Financing
-€60,000
Contributions, distributions and other
-€60,000
Cash 2025
€222,816
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €627,380 | €694,883 | +€67,503 | +10.8% |
| Fixed assets | 21/28 | €24,126 | €15,343 | -€8,783 | -36.4% |
| Intangible fixed assets | 21 | €6,665 | €4,085 | -€2,580 | -38.7% |
| Tangible fixed assets | 22/27 | €17,461 | €11,258 | -€6,203 | -35.5% |
| Land and buildings | 22 | €16,582 | €10,930 | -€5,652 | -34.1% |
| Plant, machinery and equipment | 23 | €879 | €328 | -€551 | -62.7% |
| Current assets | 29/58 | €603,254 | €679,540 | +€76,286 | +12.6% |
| Stocks and contracts in progress | 3 | €210,556 | €208,945 | -€1,612 | -0.8% |
| Stocks | 30/36 | €210,556 | €208,945 | -€1,612 | -0.8% |
| Amounts receivable within one year | 40/41 | €211,332 | €243,972 | +€32,640 | +15.4% |
| Trade receivables | 40 | €57,177 | €91,358 | +€34,181 | +59.8% |
| Other amounts receivable | 41 | €154,155 | €152,614 | -€1,541 | -1.0% |
| Cash at bank and in hand | 54/58 | €177,923 | €222,816 | +€44,893 | +25.2% |
| Deferred charges and accrued income | 490/1 | €3,443 | €3,807 | +€364 | +10.6% |
| Total equity and liabilities | 10/49 | €627,380 | €694,883 | +€67,503 | +10.8% |
| Equity | 10/15 | €418,764 | €469,257 | +€50,492 | +12.1% |
| 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 | €356,764 | €407,257 | +€50,492 | +14.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,512 | €9,512 | = | 0.0% |
| Distributable reserves | 133 | €341,053 | €391,545 | +€50,492 | +14.8% |
| Amounts payable | 17/49 | €208,616 | €225,626 | +€17,010 | +8.2% |
| Amounts payable within one year | 42/48 | €208,616 | €225,626 | +€17,010 | +8.2% |
| Trade debts | 44 | €59,913 | €59,624 | -€290 | -0.5% |
| Suppliers | 440/4 | €59,913 | €59,624 | -€290 | -0.5% |
| Taxes, remuneration and social security | 45 | €18,558 | €15,763 | -€2,794 | -15.1% |
| Taxes | 450/3 | €5,207 | €1,908 | -€3,299 | -63.4% |
| Remuneration and social security | 454/9 | €13,350 | €13,855 | +€505 | +3.8% |
| Other amounts payable | 47/48 | €130,145 | €150,239 | +€20,094 | +15.4% |
| Remuneration, social security and pensions | 62 | €90,783 | €94,416 | +€3,634 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,561 | €8,783 | -€778 | -8.1% |
| Other operating charges | 640/8 | €3,225 | €2,768 | -€457 | -14.2% |
| Gross operating margin | 9900 | €201,907 | €233,157 | +€31,250 | +15.5% |
| Operating profit (loss) | 9901 | €98,338 | €127,189 | +€28,851 | +29.3% |
| Financial income | 75/76B | €250 | €556 | +€307 | +123% |
| Recurring financial income | 75 | €250 | €556 | +€307 | +123% |
| Financial charges | 65/66B | €364 | €345 | -€19 | -5.2% |
| Recurring financial charges | 65 | €364 | €345 | -€19 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €98,223 | €127,401 | +€29,177 | +29.7% |
| Income taxes | 67/77 | €14,840 | €16,908 | +€2,068 | +13.9% |
| Profit (loss) for the period | 9904 | €83,384 | €110,492 | +€27,109 | +32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €83,384 | €110,492 | +€27,109 | +32.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.