APOTHEEK HENDRICKX: 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 HENDRICKX
Largest movements
- Cash +€33,395
up €33,395 (+45.6%), from €73,240 to €106,635
mainly Net result for the year (+€30,171) and Depreciation (+€19,271)
- Tangible fixed assets -€15,956
down €15,956 (-16.5%), from €96,719 to €80,763
of which Furniture and vehicles: -€15,046
- Receivables within one year +€15,700
up €15,700 (+5.4%), from €288,703 to €304,403
of which Trade receivables: +€12,915
- Stocks and contracts +€7,857
up €7,857 (+10.1%), from €77,417 to €85,274
- Profit (loss) carried forward +€30,171
up €30,171 (+57.2%), from -€52,732 to -€22,562
- Trade debts +€11,211
up €11,211 (+19.6%), from €57,154 to €68,364
- Gross operating margin +€20,704
up €20,704 (+30.6%), from €67,726 to €88,430
- Staff costs +€11,303
up €11,303 (+48.7%), from €23,197 to €34,501
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 | €545,176 | €585,967 | +€40,791 | +7.5% |
| Fixed assets | 21/28 | €96,719 | €80,763 | -€15,956 | -16.5% |
| Tangible fixed assets | 22/27 | €96,719 | €80,763 | -€15,956 | -16.5% |
| Land and buildings | 22 | €39,010 | €36,206 | -€2,804 | -7.2% |
| Plant, machinery and equipment | 23 | €6,080 | €7,975 | +€1,895 | +31.2% |
| Furniture and vehicles | 24 | €51,629 | €36,583 | -€15,046 | -29.1% |
| Current assets | 29/58 | €448,457 | €505,204 | +€56,747 | +12.7% |
| Stocks and contracts in progress | 3 | €77,417 | €85,274 | +€7,857 | +10.1% |
| Stocks | 30/36 | €77,417 | €85,274 | +€7,857 | +10.1% |
| Amounts receivable within one year | 40/41 | €288,703 | €304,403 | +€15,700 | +5.4% |
| Trade receivables | 40 | €55,780 | €68,694 | +€12,915 | +23.2% |
| Other amounts receivable | 41 | €232,924 | €235,709 | +€2,785 | +1.2% |
| Cash at bank and in hand | 54/58 | €73,240 | €106,635 | +€33,395 | +45.6% |
| Deferred charges and accrued income | 490/1 | €9,096 | €8,891 | -€205 | -2.3% |
| Total equity and liabilities | 10/49 | €545,176 | €585,967 | +€40,791 | +7.5% |
| Equity | 10/15 | €100,634 | €130,804 | +€30,171 | +30.0% |
| 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 | €91,366 | €91,366 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €85,166 | €85,166 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,732 | -€22,562 | +€30,171 | +57.2% |
| Amounts payable | 17/49 | €444,543 | €455,163 | +€10,620 | +2.4% |
| Amounts payable after more than one year | 17 | €160,000 | €160,000 | = | 0.0% |
| Financial debts | 170/4 | €160,000 | €160,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €280,671 | €294,111 | +€13,441 | +4.8% |
| Trade debts | 44 | €57,154 | €68,364 | +€11,211 | +19.6% |
| Suppliers | 440/4 | €57,154 | €68,364 | +€11,211 | +19.6% |
| Taxes, remuneration and social security | 45 | €1,575 | €4,138 | +€2,564 | +163% |
| Taxes | 450/3 | €118 | €227 | +€109 | +91.9% |
| Remuneration and social security | 454/9 | €1,456 | €3,911 | +€2,455 | +169% |
| Other amounts payable | 47/48 | €221,943 | €221,609 | -€334 | -0.2% |
| Accrued charges and deferred income | 492/3 | €3,872 | €1,052 | -€2,820 | -72.8% |
| Remuneration, social security and pensions | 62 | €23,197 | €34,501 | +€11,303 | +48.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,948 | €19,271 | +€322 | +1.7% |
| Other operating charges | 640/8 | €3,256 | €3,468 | +€212 | +6.5% |
| Gross operating margin | 9900 | €67,726 | €88,430 | +€20,704 | +30.6% |
| Operating profit (loss) | 9901 | €22,324 | €31,191 | +€8,866 | +39.7% |
| Financial income | 75/76B | €980 | €730 | -€250 | -25.5% |
| Recurring financial income | 75 | €980 | €730 | -€250 | -25.5% |
| Financial charges | 65/66B | €1,511 | €1,642 | +€131 | +8.6% |
| Recurring financial charges | 65 | €1,511 | €1,642 | +€131 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €21,793 | €30,279 | +€8,486 | +38.9% |
| Income taxes | 67/77 | €118 | €109 | -€10 | -8.1% |
| Profit (loss) for the period | 9904 | €21,675 | €30,171 | +€8,496 | +39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,675 | €30,171 | +€8,496 | +39.2% |
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 26 October 2026 via checked.be.