APOTHEEK HELLINGS: 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 HELLINGS
Largest movements
- Cash -€165,484
down €165,484 (-38.1%), from €434,171 to €268,686
mainly Accrued charges and deferred income (-€134,686) and Trade debts (-€81,597)
- Deferred charges and accrued income -€78,284
down €78,284 (-91.3%), from €85,731 to €7,447
- Receivables within one year +€60,134
up €60,134 (+26.7%), from €224,851 to €284,984
of which Trade receivables: +€98,999
- Stocks and contracts -€11,418
down €11,418 (-7.0%), from €163,764 to €152,347
- Accrued charges and deferred income -€134,686
down €134,686 (-95.5%), from €141,035 to €6,349
- Trade debts -€81,597
down €81,597 (-57.6%), from €141,715 to €60,118
- Other debts +€25,995
up €25,995 (+32.0%), from €81,252 to €107,247
- Reserves +€12,872
up €12,872 (+2.5%), from €509,720 to €522,592
- Gross operating margin -€120,785
down €120,785 (-55.0%), from €219,461 to €98,676
- Staff costs -€54,358
down €54,358 (-39.8%), from €136,529 to €82,172
- Taxes -€11,590
down €11,590 (-69.9%), from €16,589 to €4,999
- Depreciation -€5,228
down €5,228 (-43.6%), from €11,999 to €6,770
- Financial income -€3,476
down €3,476 (-18.5%), from €18,806 to €15,330
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 | €938,439 | €740,691 | -€197,748 | -21.1% |
| Fixed assets | 21/28 | €29,923 | €27,227 | -€2,696 | -9.0% |
| Tangible fixed assets | 22/27 | €29,080 | €26,384 | -€2,696 | -9.3% |
| Land and buildings | 22 | €22,576 | €18,743 | -€3,833 | -17.0% |
| Plant, machinery and equipment | 23 | €6,313 | €3,729 | -€2,584 | -40.9% |
| Furniture and vehicles | 24 | €191 | €3,912 | +€3,721 | +1948.4% |
| Financial fixed assets | 28 | €843 | €843 | = | 0.0% |
| Current assets | 29/58 | €908,516 | €713,464 | -€195,052 | -21.5% |
| Stocks and contracts in progress | 3 | €163,764 | €152,347 | -€11,418 | -7.0% |
| Stocks | 30/36 | €163,764 | €152,347 | -€11,418 | -7.0% |
| Amounts receivable within one year | 40/41 | €224,851 | €284,984 | +€60,134 | +26.7% |
| Trade receivables | 40 | €5,168 | €104,167 | +€98,999 | +1915.6% |
| Other amounts receivable | 41 | €219,683 | €180,817 | -€38,865 | -17.7% |
| Cash at bank and in hand | 54/58 | €434,171 | €268,686 | -€165,484 | -38.1% |
| Deferred charges and accrued income | 490/1 | €85,731 | €7,447 | -€78,284 | -91.3% |
| Total equity and liabilities | 10/49 | €938,439 | €740,691 | -€197,748 | -21.1% |
| Equity | 10/15 | €528,320 | €541,192 | +€12,872 | +2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €509,720 | €522,592 | +€12,872 | +2.5% |
| Distributable reserves | 133 | €509,720 | €522,592 | +€12,872 | +2.5% |
| Amounts payable | 17/49 | €410,120 | €199,499 | -€210,620 | -51.4% |
| Amounts payable after more than one year | 17 | €12,082 | €5,610 | -€6,472 | -53.6% |
| Financial debts | 170/4 | €7,252 | €780 | -€6,472 | -89.2% |
| Other amounts payable | 178/9 | €4,830 | €4,830 | = | 0.0% |
| Amounts payable within one year | 42/48 | €257,003 | €187,540 | -€69,462 | -27.0% |
| Current portion of amounts payable after more than one year | 42 | €11,439 | €6,472 | -€4,968 | -43.4% |
| Trade debts | 44 | €141,715 | €60,118 | -€81,597 | -57.6% |
| Suppliers | 440/4 | €141,715 | €60,118 | -€81,597 | -57.6% |
| Taxes, remuneration and social security | 45 | €22,596 | €13,704 | -€8,892 | -39.4% |
| Taxes | 450/3 | €138 | - | -€138 | |
| Remuneration and social security | 454/9 | €22,458 | €13,704 | -€8,754 | -39.0% |
| Other amounts payable | 47/48 | €81,252 | €107,247 | +€25,995 | +32.0% |
| Accrued charges and deferred income | 492/3 | €141,035 | €6,349 | -€134,686 | -95.5% |
| Remuneration, social security and pensions | 62 | €136,529 | €82,172 | -€54,358 | -39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,999 | €6,770 | -€5,228 | -43.6% |
| Other operating charges | 640/8 | €5,302 | €5,201 | -€101 | -1.9% |
| Gross operating margin | 9900 | €219,461 | €98,676 | -€120,785 | -55.0% |
| Operating profit (loss) | 9901 | €65,631 | €4,533 | -€61,098 | -93.1% |
| Financial income | 75/76B | €18,806 | €15,330 | -€3,476 | -18.5% |
| Recurring financial income | 75 | €18,806 | €15,330 | -€3,476 | -18.5% |
| Financial charges | 65/66B | €4,473 | €1,992 | -€2,481 | -55.5% |
| Recurring financial charges | 65 | €4,473 | €1,992 | -€2,481 | -55.5% |
| Profit (loss) for the period before taxes | 9903 | €79,964 | €17,871 | -€62,093 | -77.7% |
| Income taxes | 67/77 | €16,589 | €4,999 | -€11,590 | -69.9% |
| Profit (loss) for the period | 9904 | €63,374 | €12,872 | -€50,503 | -79.7% |
| Profit (loss) for the period to be appropriated | 9905 | €63,374 | €12,872 | -€50,503 | -79.7% |
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.