APOTHEEK LOPPEM: 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 LOPPEM
Largest movements
- Stocks and contracts -€17,530
down €17,530 (-10.8%), from €162,678 to €145,148
- Tangible fixed assets +€13,600
up €13,600 (+4.6%), from €294,660 to €308,260
of which Leasing and similar rights: +€29,912
- Receivables within one year +€9,659
up €9,659 (+7.7%), from €125,162 to €134,822
of which Trade receivables: +€5,851
- Debts after one year +€23,610
new in 2025: €23,610
- Tax, wage and social debts -€12,073
down €12,073 (-53.5%), from €22,582 to €10,509
of which Remuneration and social security: -€6,377
- Reserves -€8,213
down €8,213 (-2.2%), from €372,891 to €364,678
of which Tax-exempt reserves: -€4,377
- Gross operating margin +€25,485
up €25,485 (+22.9%), from €111,331 to €136,816
- Staff costs +€7,927
up €7,927 (+8.4%), from €94,859 to €102,786
- Depreciation +€3,188
up €3,188 (+17.2%), from €18,488 to €21,676
- Financial charges +€2,900
up €2,900 (+28.5%), from €10,172 to €13,072
- Write-downs +€1,914
up €1,914 (+32.2%), from €5,940 to €7,854
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 | €635,826 | €648,217 | +€12,391 | +1.9% |
| Fixed assets | 21/28 | €294,660 | €308,260 | +€13,600 | +4.6% |
| Tangible fixed assets | 22/27 | €294,660 | €308,260 | +€13,600 | +4.6% |
| Land and buildings | 22 | €286,236 | €271,769 | -€14,468 | -5.1% |
| Plant, machinery and equipment | 23 | €8,424 | €6,580 | -€1,844 | -21.9% |
| Leasing and similar rights | 25 | - | €29,912 | +€29,912 | |
| Current assets | 29/58 | €341,166 | €339,957 | -€1,209 | -0.4% |
| Stocks and contracts in progress | 3 | €162,678 | €145,148 | -€17,530 | -10.8% |
| Stocks | 30/36 | €162,678 | €145,148 | -€17,530 | -10.8% |
| Amounts receivable within one year | 40/41 | €125,162 | €134,822 | +€9,659 | +7.7% |
| Trade receivables | 40 | €73,394 | €79,245 | +€5,851 | +8.0% |
| Other amounts receivable | 41 | €51,769 | €55,577 | +€3,808 | +7.4% |
| Cash at bank and in hand | 54/58 | €41,846 | €47,459 | +€5,613 | +13.4% |
| Deferred charges and accrued income | 490/1 | €11,480 | €12,528 | +€1,048 | +9.1% |
| Total equity and liabilities | 10/49 | €635,826 | €648,217 | +€12,391 | +1.9% |
| Equity | 10/15 | €434,891 | €426,678 | -€8,213 | -1.9% |
| 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 | €372,891 | €364,678 | -€8,213 | -2.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €41,446 | €37,069 | -€4,377 | -10.6% |
| Distributable reserves | 133 | €325,245 | €321,410 | -€3,835 | -1.2% |
| Provisions and deferred taxes | 16 | €13,821 | €12,362 | -€1,459 | -10.6% |
| Deferred taxes | 168 | €13,821 | €12,362 | -€1,459 | -10.6% |
| Amounts payable | 17/49 | €187,114 | €209,177 | +€22,063 | +11.8% |
| Amounts payable after more than one year | 17 | - | €23,610 | +€23,610 | |
| Financial debts | 170/4 | - | €23,610 | +€23,610 | |
| Amounts payable within one year | 42/48 | €186,181 | €182,448 | -€3,732 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | - | €6,273 | +€6,273 | |
| Trade debts | 44 | €69,841 | €71,839 | +€1,998 | +2.9% |
| Suppliers | 440/4 | €69,841 | €71,839 | +€1,998 | +2.9% |
| Taxes, remuneration and social security | 45 | €22,582 | €10,509 | -€12,073 | -53.5% |
| Taxes | 450/3 | €5,747 | €50 | -€5,696 | -99.1% |
| Remuneration and social security | 454/9 | €16,835 | €10,458 | -€6,377 | -37.9% |
| Other amounts payable | 47/48 | €93,758 | €93,828 | +€70 | +0.1% |
| Accrued charges and deferred income | 492/3 | €933 | €3,118 | +€2,185 | +234% |
| Remuneration, social security and pensions | 62 | €94,859 | €102,786 | +€7,927 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,488 | €21,676 | +€3,188 | +17.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,940 | €7,854 | +€1,914 | +32.2% |
| Other operating charges | 640/8 | €2,457 | €2,556 | +€99 | +4.0% |
| Gross operating margin | 9900 | €111,331 | €136,816 | +€25,485 | +22.9% |
| Operating profit (loss) | 9901 | -€10,413 | €1,944 | +€12,356 | |
| Financial income | 75/76B | €2,129 | €1,456 | -€672 | -31.6% |
| Recurring financial income | 75 | €2,129 | €1,456 | -€672 | -31.6% |
| Financial charges | 65/66B | €10,172 | €13,072 | +€2,900 | +28.5% |
| Recurring financial charges | 65 | €10,172 | €13,072 | +€2,900 | +28.5% |
| Profit (loss) for the period before taxes | 9903 | -€18,456 | -€9,672 | +€8,784 | +47.6% |
| Transfer from deferred taxes | 780 | €1,459 | €1,459 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€16,997 | -€8,213 | +€8,784 | +51.7% |
| Transfer from tax-exempt reserves | 789 | €4,377 | €4,377 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,619 | -€3,835 | +€8,784 | +69.6% |
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 31 October 2026 via checked.be.