APOTHEEK KACHTEM: 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 KACHTEM
Largest movements
- Receivables within one year +€51,823
up €51,823 (+96.1%), from €53,945 to €105,768
- Intangible fixed assets -€37,793
down €37,793 (-100%), from €37,793 to €0
- Cash -€30,491
down €30,491 (-58.8%), from €51,894 to €21,402
mainly Current portion of long-term debt (-€83,143) and Receivables within one year (-€51,823)
- Current portion of long-term debt -€83,143
down €83,143 (-91.7%), from €90,703 to €7,560
- Reserves +€73,884
up €73,884 (+219%), from €33,675 to €107,558
- Debts after one year -€7,560
down €7,560 (-100%), from €7,560 to €0
- Depreciation -€52,910
down €52,910 (-58.3%), from €90,703 to €37,793
- Gross operating margin +€21,581
up €21,581 (+22.8%), from €94,632 to €116,213
- Taxes +€4,492
up €4,492 (+2,111%), from €213 to €4,705
- Other operating charges -€1,822
down €1,822 (-77.5%), from €2,349 to €528
- Financial charges -€1,207
down €1,207 (-54.5%), from €2,213 to €1,006
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 | €143,954 | €127,170 | -€16,783 | -11.7% |
| Fixed assets | 21/28 | €37,793 | €0 | -€37,793 | -100% |
| Intangible fixed assets | 21 | €37,793 | €0 | -€37,793 | -100% |
| Current assets | 29/58 | €106,161 | €127,170 | +€21,009 | +19.8% |
| Amounts receivable within one year | 40/41 | €53,945 | €105,768 | +€51,823 | +96.1% |
| Other amounts receivable | 41 | €53,945 | €105,768 | +€51,823 | +96.1% |
| Cash at bank and in hand | 54/58 | €51,894 | €21,402 | -€30,491 | -58.8% |
| Deferred charges and accrued income | 490/1 | €322 | €0 | -€322 | -100% |
| Total equity and liabilities | 10/49 | €143,954 | €127,170 | -€16,783 | -11.7% |
| Equity | 10/15 | €39,891 | €113,775 | +€73,884 | +185% |
| Contributions | 10/11 | €6,217 | €6,217 | = | 0.0% |
| Reserves | 13 | €33,675 | €107,558 | +€73,884 | +219% |
| Distributable reserves | 133 | €33,675 | €107,558 | +€73,884 | +219% |
| Amounts payable | 17/49 | €104,062 | €13,395 | -€90,667 | -87.1% |
| Amounts payable after more than one year | 17 | €7,560 | €0 | -€7,560 | -100% |
| Financial debts | 170/4 | €7,560 | €0 | -€7,560 | -100% |
| Amounts payable within one year | 42/48 | €96,503 | €13,395 | -€83,108 | -86.1% |
| Current portion of amounts payable after more than one year | 42 | €90,703 | €7,560 | -€83,143 | -91.7% |
| Trade debts | 44 | €214 | €0 | -€214 | -100% |
| Suppliers | 440/4 | €214 | €0 | -€214 | -100% |
| Taxes, remuneration and social security | 45 | €5,586 | €5,836 | +€250 | +4.5% |
| Taxes | 450/3 | €5,586 | €5,836 | +€250 | +4.5% |
| Non-recurring operating income | 76A | €0 | €20,000 | +€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,703 | €37,793 | -€52,910 | -58.3% |
| Other operating charges | 640/8 | €2,349 | €528 | -€1,822 | -77.5% |
| Non-recurring operating charges | 66A | - | €226 | +€226 | |
| Gross operating margin | 9900 | €94,632 | €116,213 | +€21,581 | +22.8% |
| Operating profit (loss) | 9901 | €1,580 | €77,667 | +€76,087 | +4,817% |
| Financial income | 75/76B | €1,568 | €1,928 | +€360 | +22.9% |
| Recurring financial income | 75 | €1,568 | €1,928 | +€360 | +22.9% |
| Financial charges | 65/66B | €2,213 | €1,006 | -€1,207 | -54.5% |
| Recurring financial charges | 65 | €2,213 | €1,006 | -€1,207 | -54.5% |
| Profit (loss) for the period before taxes | 9903 | €935 | €78,588 | +€77,653 | +8,304% |
| Income taxes | 67/77 | €213 | €4,705 | +€4,492 | +2,111% |
| Profit (loss) for the period | 9904 | €722 | €73,884 | +€73,161 | +10,129% |
| Profit (loss) for the period to be appropriated | 9905 | €722 | €73,884 | +€73,161 | +10,129% |
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 22 October 2026 via checked.be.