APOTHEEK HENDRICKX: what changed
APOTHEEK HENDRICKX
Largest movements
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Cash +€48,438
up €48,438 (+55.2%), from €87,704 to €136,142
mainly Current investments (+€50,000) and Depreciation (+€32,380)
- Tangible fixed assets -€28,843
down €28,843 (-19.8%), from €145,908 to €117,065
- Receivables within one year +€18,426
up €18,426 (+13.6%), from €135,834 to €154,260
of which Other amounts receivable: +€14,215
- Stocks and contracts -€15,694
down €15,694 (-9.8%), from €160,119 to €144,424
- Reserves -€36,164
down €36,164 (-9.2%), from €392,483 to €356,318
- Trade debts +€31,858
up €31,858 (+31.9%), from €100,020 to €131,878
- Debts after one year -€30,333
down €30,333 (-54.3%), from €55,831 to €25,499
- Tax, wage and social debts +€14,780
up €14,780 (+295%), from €5,004 to €19,784
of which Remuneration and social security: +€10,417
- Staff costs +€46,170
up €46,170 (+186%), from €24,871 to €71,041
- Gross operating margin -€26,102
down €26,102 (-17.2%), from €151,688 to €125,587
- Taxes -€18,231
down €18,231 (-78.0%), from €23,384 to €5,153
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €592,090 | €575,928 | -€16,162 | -2.7% |
| Fixed assets | 21/28 | €155,335 | €135,543 | -€19,792 | -12.7% |
| Tangible fixed assets | 22/27 | €145,908 | €117,065 | -€28,843 | -19.8% |
| Plant, machinery and equipment | 23 | €40,542 | €27,320 | -€13,222 | -32.6% |
| Furniture and vehicles | 24 | €4,491 | €2,621 | -€1,871 | -41.6% |
| Other tangible fixed assets | 26 | €100,875 | €87,124 | -€13,751 | -13.6% |
| Financial fixed assets | 28 | €9,427 | €18,478 | +€9,051 | +96.0% |
| Current assets | 29/58 | €436,755 | €440,385 | +€3,630 | +0.8% |
| Stocks and contracts in progress | 3 | €160,119 | €144,424 | -€15,694 | -9.8% |
| Stocks | 30/36 | €160,119 | €144,424 | -€15,694 | -9.8% |
| Amounts receivable within one year | 40/41 | €135,834 | €154,260 | +€18,426 | +13.6% |
| Trade receivables | 40 | €62,745 | €66,956 | +€4,211 | +6.7% |
| Other amounts receivable | 41 | €73,089 | €87,304 | +€14,215 | +19.4% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €87,704 | €136,142 | +€48,438 | +55.2% |
| Deferred charges and accrued income | 490/1 | €3,098 | €5,558 | +€2,461 | +79.4% |
| Total equity and liabilities | 10/49 | €592,090 | €575,928 | -€16,162 | -2.7% |
| Equity | 10/15 | €398,683 | €362,518 | -€36,164 | -9.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €392,483 | €356,318 | -€36,164 | -9.2% |
| Distributable reserves | 133 | €392,483 | €356,318 | -€36,164 | -9.2% |
| Amounts payable | 17/49 | €193,407 | €213,409 | +€20,002 | +10.3% |
| Amounts payable after more than one year | 17 | €55,831 | €25,499 | -€30,333 | -54.3% |
| Financial debts | 170/4 | €55,831 | €25,499 | -€30,333 | -54.3% |
| Amounts payable within one year | 42/48 | €135,069 | €181,994 | +€46,926 | +34.7% |
| Current portion of amounts payable after more than one year | 42 | €30,045 | €30,333 | +€288 | +1.0% |
| Trade debts | 44 | €100,020 | €131,878 | +€31,858 | +31.9% |
| Suppliers | 440/4 | €100,020 | €131,878 | +€31,858 | +31.9% |
| Taxes, remuneration and social security | 45 | €5,004 | €19,784 | +€14,780 | +295% |
| Taxes | 450/3 | €861 | €5,224 | +€4,363 | +507% |
| Remuneration and social security | 454/9 | €4,143 | €14,560 | +€10,417 | +251% |
| Accrued charges and deferred income | 492/3 | €2,507 | €5,916 | +€3,409 | +136% |
| Remuneration, social security and pensions | 62 | €24,871 | €71,041 | +€46,170 | +186% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,308 | €32,380 | +€1,073 | +3.4% |
| Other operating charges | 640/8 | €2,005 | €520 | -€1,486 | -74.1% |
| Gross operating margin | 9900 | €151,688 | €125,587 | -€26,102 | -17.2% |
| Operating profit (loss) | 9901 | €93,504 | €21,645 | -€71,859 | -76.9% |
| Financial income | 75/76B | €2,254 | €1,717 | -€538 | -23.8% |
| Recurring financial income | 75 | €2,254 | €1,717 | -€538 | -23.8% |
| Financial charges | 65/66B | €4,512 | €4,374 | -€138 | -3.1% |
| Recurring financial charges | 65 | €4,512 | €4,374 | -€138 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €91,247 | €18,988 | -€72,258 | -79.2% |
| Income taxes | 67/77 | €23,384 | €5,153 | -€18,231 | -78.0% |
| Profit (loss) for the period | 9904 | €67,863 | €13,836 | -€54,028 | -79.6% |
| Profit (loss) for the period to be appropriated | 9905 | €67,863 | €13,836 | -€54,028 | -79.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.