APOTHEEK JACOBS: what changed
Two fiscal 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.
What changed
APOTHEEK JACOBS
NACE 47.730, Retail sale of pharmaceutical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€126,905
2024 · €129,117-€2,212
Equity
€475,538
2024 · €493,633-€18,095
Cash
€216,178
2024 · €185,339+€30,839
Balance sheet total
€933,467
2024 · €990,098-€56,631
Largest movements
Assets
- Tangible fixed assets -€38,299
down €38,299 (-12.6%), from €304,947 to €266,649
of which Other tangible fixed assets: -€33,901
- Cash +€30,839
up €30,839 (+16.6%), from €185,339 to €216,178
mainly Net result for the year (+€126,905) and Depreciation (+€66,659)
- Receivables within one year -€20,894
down €20,894 (-11.5%), from €181,191 to €160,297
of which Other amounts receivable: -€38,048
- Intangible fixed assets -€20,399
down €20,399 (-12.0%), from €170,402 to €150,003
Equity and liabilities
- Debts after one year -€30,000
down €30,000 (-14.2%), from €211,667 to €181,667
- Reserves -€18,095
down €18,095 (-4.2%), from €431,633 to €413,538
of which Tax-exempt reserves: -€19,722
Income statement
- Staff costs +€2,590
up €2,590 (+7.1%), from €36,633 to €39,223
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.
Result 2024
€129,117
Gross operating margin
-€2,328
Staff costs
-€2,590
Depreciation
+€1,636
Other operating charges
-€613
Other operating items
+€252
Financial income
+€19
Financial charges
+€993
Taxes
+€419
Result 2025
€126,905
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.
From operations
+€213,800
Investment
-€7,962
Financing
-€175,000
Cash 2024
€185,339
From operations (derived)
+€213,800
Net result for the year
+€126,905
Depreciation
+€66,659
Stocks and contracts
+€6,022
Receivables within one year
+€20,894
Deferred charges and accrued income
+€1,855
Provisions
-€6,574
Trade debts
+€963
Tax, wage and social debts
-€2,598
Smaller working-capital items
-€326
Investment (derived)
-€7,962
Investment in fixed assets (net)
-€7,962
Financing
-€175,000
Debts after one year
-€30,000
Contributions, distributions and other
-€145,000
Cash 2025
€216,178
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €990,098 | €933,467 | -€56,631 | -5.7% |
| Fixed assets | 21/28 | €480,349 | €421,651 | -€58,698 | -12.2% |
| Intangible fixed assets | 21 | €170,402 | €150,003 | -€20,399 | -12.0% |
| Tangible fixed assets | 22/27 | €304,947 | €266,649 | -€38,299 | -12.6% |
| Furniture and vehicles | 24 | €4,397 | €0 | -€4,397 | -100.0% |
| Other tangible fixed assets | 26 | €300,550 | €266,649 | -€33,901 | -11.3% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €509,749 | €511,816 | +€2,067 | +0.4% |
| Amounts receivable after more than one year | 29 | €694 | €694 | = | 0.0% |
| Other amounts receivable | 291 | €694 | €694 | = | 0.0% |
| Stocks and contracts in progress | 3 | €135,941 | €129,919 | -€6,022 | -4.4% |
| Stocks | 30/36 | €135,941 | €129,919 | -€6,022 | -4.4% |
| Amounts receivable within one year | 40/41 | €181,191 | €160,297 | -€20,894 | -11.5% |
| Trade receivables | 40 | €88,474 | €105,628 | +€17,154 | +19.4% |
| Other amounts receivable | 41 | €92,717 | €54,669 | -€38,048 | -41.0% |
| Cash at bank and in hand | 54/58 | €185,339 | €216,178 | +€30,839 | +16.6% |
| Deferred charges and accrued income | 490/1 | €6,584 | €4,729 | -€1,855 | -28.2% |
| Total equity and liabilities | 10/49 | €990,098 | €933,467 | -€56,631 | -5.7% |
| Equity | 10/15 | €493,633 | €475,538 | -€18,095 | -3.7% |
| 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 | €431,633 | €413,538 | -€18,095 | -4.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €95,398 | €75,676 | -€19,722 | -20.7% |
| Distributable reserves | 133 | €330,036 | €331,663 | +€1,627 | +0.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €31,799 | €25,225 | -€6,574 | -20.7% |
| Deferred taxes | 168 | €31,799 | €25,225 | -€6,574 | -20.7% |
| Amounts payable | 17/49 | €464,665 | €432,704 | -€31,962 | -6.9% |
| Amounts payable after more than one year | 17 | €211,667 | €181,667 | -€30,000 | -14.2% |
| Financial debts | 170/4 | €211,667 | €181,667 | -€30,000 | -14.2% |
| Amounts payable within one year | 42/48 | €252,930 | €251,037 | -€1,893 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €68,795 | €69,757 | +€963 | +1.4% |
| Suppliers | 440/4 | €68,795 | €69,757 | +€963 | +1.4% |
| Advances received on contracts in progress | 46 | €34 | €0 | -€34 | -100.0% |
| Taxes, remuneration and social security | 45 | €8,400 | €5,802 | -€2,598 | -30.9% |
| Taxes | 450/3 | €465 | €183 | -€282 | -60.7% |
| Remuneration and social security | 454/9 | €7,935 | €5,619 | -€2,316 | -29.2% |
| Other amounts payable | 47/48 | €145,702 | €145,478 | -€224 | -0.2% |
| Accrued charges and deferred income | 492/3 | €68 | €0 | -€68 | -100.0% |
| Remuneration, social security and pensions | 62 | €36,633 | €39,223 | +€2,590 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,295 | €66,659 | -€1,636 | -2.4% |
| Other operating charges | 640/8 | €1,051 | €1,664 | +€613 | +58.3% |
| Non-recurring operating charges | 66A | €315 | €63 | -€252 | -79.9% |
| Gross operating margin | 9900 | €234,732 | €232,403 | -€2,328 | -1.0% |
| Operating profit (loss) | 9901 | €128,436 | €124,793 | -€3,643 | -2.8% |
| Financial income | 75/76B | €4,582 | €4,601 | +€19 | +0.4% |
| Recurring financial income | 75 | €4,582 | €4,601 | +€19 | +0.4% |
| Financial charges | 65/66B | €8,833 | €7,840 | -€993 | -11.2% |
| Recurring financial charges | 65 | €8,833 | €7,840 | -€993 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €124,185 | €121,554 | -€2,632 | -2.1% |
| Transfer from deferred taxes | 780 | €6,574 | €6,574 | = | 0.0% |
| Income taxes | 67/77 | €1,642 | €1,223 | -€419 | -25.5% |
| Profit (loss) for the period | 9904 | €129,117 | €126,905 | -€2,212 | -1.7% |
| Transfer from tax-exempt reserves | 789 | €19,722 | €19,722 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €148,839 | €146,627 | -€2,212 | -1.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.