APOTHEEK LEUT: 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 LEUT
Largest movements
- Stocks and contracts +€20,700
up €20,700 (+22.1%), from €93,732 to €114,431
- Tangible fixed assets -€20,023
down €20,023 (-2.0%), from €1.0m to €980,577
of which Land and buildings: -€10,577
- Debts after one year -€31,693
down €31,693 (-4.4%), from €717,198 to €685,505
- Profit (loss) carried forward +€22,826
up €22,826 (+94.1%), from -€24,251 to -€1,426
- Other debts +€22,395
up €22,395 (+7.3%), from €305,801 to €328,196
- Gross operating margin +€57,060
up €57,060 (+92.0%), from €62,041 to €119,101
- Depreciation +€14,732
up €14,732 (+49.6%), from €29,720 to €44,452
- Financial charges +€4,834
up €4,834 (+25.6%), from €18,901 to €23,736
- Financial income -€3,868
down €3,868 (-76.4%), from €5,065 to €1,197
- Other operating charges +€1,236
up €1,236 (+72.6%), from €1,702 to €2,938
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 | €1,242,349 | €1,249,347 | +€6,998 | +0.6% |
| Fixed assets | 21/28 | €1,000,600 | €980,577 | -€20,023 | -2.0% |
| Tangible fixed assets | 22/27 | €1,000,600 | €980,577 | -€20,023 | -2.0% |
| Land and buildings | 22 | €868,707 | €858,130 | -€10,577 | -1.2% |
| Plant, machinery and equipment | 23 | €10,382 | €9,930 | -€452 | -4.4% |
| Furniture and vehicles | 24 | €121,511 | €112,517 | -€8,994 | -7.4% |
| Current assets | 29/58 | €241,749 | €268,770 | +€27,021 | +11.2% |
| Stocks and contracts in progress | 3 | €93,732 | €114,431 | +€20,700 | +22.1% |
| Stocks | 30/36 | €93,732 | €114,431 | +€20,700 | +22.1% |
| Amounts receivable within one year | 40/41 | €55,065 | €63,528 | +€8,463 | +15.4% |
| Trade receivables | 40 | €54,079 | €62,742 | +€8,663 | +16.0% |
| Other amounts receivable | 41 | €987 | €786 | -€200 | -20.3% |
| Cash at bank and in hand | 54/58 | €83,934 | €84,212 | +€278 | +0.3% |
| Deferred charges and accrued income | 490/1 | €9,018 | €6,599 | -€2,420 | -26.8% |
| Total equity and liabilities | 10/49 | €1,242,349 | €1,249,347 | +€6,998 | +0.6% |
| Equity | 10/15 | €121,831 | €144,657 | +€22,826 | +18.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €133,683 | €133,683 | = | 0.0% |
| Distributable reserves | 133 | €133,683 | €133,683 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,251 | -€1,426 | +€22,826 | +94.1% |
| Amounts payable | 17/49 | €1,120,517 | €1,104,690 | -€15,828 | -1.4% |
| Amounts payable after more than one year | 17 | €717,198 | €685,505 | -€31,693 | -4.4% |
| Financial debts | 170/4 | €717,198 | €685,505 | -€31,693 | -4.4% |
| Amounts payable within one year | 42/48 | €398,914 | €414,704 | +€15,790 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €30,773 | €31,693 | +€920 | +3.0% |
| Trade debts | 44 | €54,398 | €50,347 | -€4,051 | -7.4% |
| Suppliers | 440/4 | €54,398 | €50,347 | -€4,051 | -7.4% |
| Taxes, remuneration and social security | 45 | €7,943 | €4,469 | -€3,474 | -43.7% |
| Taxes | 450/3 | €2,485 | €538 | -€1,947 | -78.3% |
| Remuneration and social security | 454/9 | €5,458 | €3,931 | -€1,527 | -28.0% |
| Other amounts payable | 47/48 | €305,801 | €328,196 | +€22,395 | +7.3% |
| Accrued charges and deferred income | 492/3 | €4,405 | €4,480 | +€75 | +1.7% |
| Remuneration, social security and pensions | 62 | €25,195 | €26,345 | +€1,150 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,720 | €44,452 | +€14,732 | +49.6% |
| Other operating charges | 640/8 | €1,702 | €2,938 | +€1,236 | +72.6% |
| Gross operating margin | 9900 | €62,041 | €119,101 | +€57,060 | +92.0% |
| Operating profit (loss) | 9901 | €5,424 | €45,367 | +€39,943 | +736% |
| Financial income | 75/76B | €5,065 | €1,197 | -€3,868 | -76.4% |
| Recurring financial income | 75 | €5,065 | €1,197 | -€3,868 | -76.4% |
| Financial charges | 65/66B | €18,901 | €23,736 | +€4,834 | +25.6% |
| Recurring financial charges | 65 | €18,901 | €23,736 | +€4,834 | +25.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,413 | €22,828 | +€31,240 | |
| Income taxes | 67/77 | - | €2 | +€2 | |
| Profit (loss) for the period | 9904 | -€8,413 | €22,826 | +€31,238 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,413 | €22,826 | +€31,238 |
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 27 October 2026 via checked.be.