APOTHEEK LUX: 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 LUX
Largest movements
- Tangible fixed assets +€664,939
up €664,939 (+64.0%), from €1.0m to €1.7m
of which Plant, machinery and equipment: +€649,997
- Cash -€205,687
down €205,687 (-38.7%), from €531,758 to €326,071
mainly Investment in fixed assets (net) (-€718,915) and Net result for the year (-€218,547)
- Stocks and contracts +€83,750
up €83,750 (+21.2%), from €395,595 to €479,346
- Debts after one year +€446,626
up €446,626 (+50.5%), from €884,521 to €1.3m
- Profit (loss) carried forward -€218,547
down €218,547 (-104%), from -€210,925 to -€429,472
- Trade debts +€190,463
up €190,463 (+97.0%), from €196,284 to €386,747
- Short-term financial debts +€86,241
new in 2025: €86,241
- Current portion of long-term debt +€51,245
up €51,245 (+331%), from €15,479 to €66,724
- Other operating charges -€118,556
down €118,556 (-95.9%), from €123,592 to €5,036
- Gross operating margin -€41,695
down €41,695 (-18.7%), from €222,635 to €180,940
- Depreciation +€33,237
up €33,237 (+160%), from €20,739 to €53,976
- Financial charges +€28,738
up €28,738 (+145%), from €19,780 to €48,519
- Staff costs +€22,302
up €22,302 (+8.3%), from €270,256 to €292,558
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 | €2,494,361 | €3,044,024 | +€549,663 | +22.0% |
| Fixed assets | 21/28 | €1,050,743 | €1,715,682 | +€664,939 | +63.3% |
| Tangible fixed assets | 22/27 | €1,038,743 | €1,703,682 | +€664,939 | +64.0% |
| Land and buildings | 22 | €983,301 | €980,849 | -€2,451 | -0.2% |
| Plant, machinery and equipment | 23 | €45,811 | €695,808 | +€649,997 | +1,419% |
| Furniture and vehicles | 24 | €9,631 | €27,024 | +€17,393 | +181% |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €1,443,618 | €1,328,342 | -€115,276 | -8.0% |
| Stocks and contracts in progress | 3 | €395,595 | €479,346 | +€83,750 | +21.2% |
| Stocks | 30/36 | €395,595 | €479,346 | +€83,750 | +21.2% |
| Amounts receivable within one year | 40/41 | €490,152 | €489,608 | -€543 | -0.1% |
| Trade receivables | 40 | €163,692 | €183,061 | +€19,368 | +11.8% |
| Other amounts receivable | 41 | €326,459 | €306,547 | -€19,912 | -6.1% |
| Cash at bank and in hand | 54/58 | €531,758 | €326,071 | -€205,687 | -38.7% |
| Deferred charges and accrued income | 490/1 | €26,114 | €33,317 | +€7,204 | +27.6% |
| Total equity and liabilities | 10/49 | €2,494,361 | €3,044,024 | +€549,663 | +22.0% |
| Equity | 10/15 | €1,346,031 | €1,127,484 | -€218,547 | -16.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,544,557 | €1,544,557 | = | 0.0% |
| Distributable reserves | 133 | €1,544,557 | €1,544,557 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€210,925 | -€429,472 | -€218,547 | -104% |
| Amounts payable | 17/49 | €1,148,330 | €1,916,540 | +€768,210 | +66.9% |
| Amounts payable after more than one year | 17 | €884,521 | €1,331,147 | +€446,626 | +50.5% |
| Financial debts | 170/4 | €884,521 | €1,331,147 | +€446,626 | +50.5% |
| Amounts payable within one year | 42/48 | €247,587 | €582,361 | +€334,774 | +135% |
| Current portion of amounts payable after more than one year | 42 | €15,479 | €66,724 | +€51,245 | +331% |
| Financial debts | 43 | - | €86,241 | +€86,241 | |
| Other loans | 439 | - | €86,241 | +€86,241 | |
| Trade debts | 44 | €196,284 | €386,747 | +€190,463 | +97.0% |
| Suppliers | 440/4 | €196,284 | €386,747 | +€190,463 | +97.0% |
| Taxes, remuneration and social security | 45 | €35,524 | €38,028 | +€2,505 | +7.1% |
| Taxes | 450/3 | €0 | €108 | +€108 | |
| Remuneration and social security | 454/9 | €35,524 | €37,921 | +€2,397 | +6.7% |
| Other amounts payable | 47/48 | €301 | €4,621 | +€4,320 | +1,435% |
| Accrued charges and deferred income | 492/3 | €16,221 | €3,032 | -€13,190 | -81.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €270,256 | €292,558 | +€22,302 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,739 | €53,976 | +€33,237 | +160% |
| Other operating charges | 640/8 | €123,592 | €5,036 | -€118,556 | -95.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €222,635 | €180,940 | -€41,695 | -18.7% |
| Operating profit (loss) | 9901 | -€191,952 | -€170,630 | +€21,321 | +11.1% |
| Financial income | 75/76B | €807 | €602 | -€205 | -25.4% |
| Recurring financial income | 75 | €807 | €602 | -€205 | -25.4% |
| Financial charges | 65/66B | €19,780 | €48,519 | +€28,738 | +145% |
| Recurring financial charges | 65 | €19,780 | €48,519 | +€28,738 | +145% |
| Profit (loss) for the period before taxes | 9903 | -€210,925 | -€218,547 | -€7,622 | -3.6% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€210,925 | -€218,547 | -€7,622 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€210,925 | -€218,547 | -€7,622 | -3.6% |
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 15 October 2026 via checked.be.