Apotheek M. PEETERS: what changed
What changed
Apotheek M. PEETERS
NACE 47.730, Retail sale of pharmaceutical products
filed annual accounts (NBB)
Net result for the year
€122,648
2024 · €84,060+€38,588
Equity
€880,798
2024 · €758,150+€122,648
Cash
€364,219
2024 · €267,643+€96,577
Balance sheet total
€1.0m
2024 · €1.0m+€13,390
Largest movements
Assets
- Receivables within one year -€128,528
down €128,528 (-24.9%), from €515,223 to €386,695
of which Trade receivables: -€116,307
- Cash +€96,577
up €96,577 (+36.1%), from €267,643 to €364,219
mainly Receivables within one year (+€128,528) and Net result for the year (+€122,648)
- Tangible fixed assets +€50,546
up €50,546 (+54.2%), from €93,174 to €143,720
of which Other tangible fixed assets: +€62,226
Equity and liabilities
- Profit (loss) carried forward +€122,648
up €122,648 (+28.2%), from €435,667 to €558,315
- Trade debts -€92,051
down €92,051 (-46.9%), from €196,330 to €104,279
- Debts after one year -€16,667
down €16,667 (-46.2%), from €36,111 to €19,444
Income statement
- Gross operating margin +€47,511
up €47,511 (+19.4%), from €244,548 to €292,059
- Taxes +€11,083
up €11,083 (+38.8%), from €28,557 to €39,640
- Depreciation +€4,397
up €4,397 (+17.8%), from €24,769 to €29,166
- Staff costs -€3,131
down €3,131 (-3.3%), from €94,861 to €91,730
- Financial charges -€3,128
down €3,128 (-31.0%), from €10,074 to €6,946
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€84,060
Gross operating margin
+€47,511
Staff costs
+€3,131
Depreciation
-€4,397
Other operating charges
-€1,712
Financial income
+€2,011
Financial charges
+€3,128
Taxes
-€11,083
Result 2025
€122,648
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€192,956
Investment
-€79,712
Financing
-€16,667
Cash 2024
€267,643
From operations (derived)
+€192,956
Net result for the year
+€122,648
Depreciation
+€29,166
Stocks and contracts
+€6,956
Receivables within one year
+€128,528
Deferred charges and accrued income
-€1,750
Trade debts
-€92,051
Smaller working-capital items
-€104
Advances received
-€437
Investment (derived)
-€79,712
Investment in fixed assets (net)
-€79,712
Financing
-€16,667
Debts after one year
-€16,667
Cash 2025
€364,219
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,027,935 | €1,041,325 | +€13,390 | +1.3% |
| Fixed assets | 21/28 | €93,174 | €143,720 | +€50,546 | +54.2% |
| Tangible fixed assets | 22/27 | €93,174 | €143,720 | +€50,546 | +54.2% |
| Land and buildings | 22 | €49,550 | €33,017 | -€16,533 | -33.4% |
| Plant, machinery and equipment | 23 | €817 | €606 | -€211 | -25.8% |
| Furniture and vehicles | 24 | €790 | €5,854 | +€5,064 | +641% |
| Other tangible fixed assets | 26 | €42,017 | €104,243 | +€62,226 | +148% |
| Current assets | 29/58 | €934,761 | €897,605 | -€37,156 | -4.0% |
| Stocks and contracts in progress | 3 | €149,489 | €142,534 | -€6,956 | -4.7% |
| Stocks | 30/36 | €149,489 | €142,534 | -€6,956 | -4.7% |
| Amounts receivable within one year | 40/41 | €515,223 | €386,695 | -€128,528 | -24.9% |
| Trade receivables | 40 | €366,410 | €250,103 | -€116,307 | -31.7% |
| Other amounts receivable | 41 | €148,813 | €136,592 | -€12,221 | -8.2% |
| Current investments | 50/53 | €150 | €150 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €267,643 | €364,219 | +€96,577 | +36.1% |
| Deferred charges and accrued income | 490/1 | €2,256 | €4,007 | +€1,750 | +77.6% |
| Total equity and liabilities | 10/49 | €1,027,935 | €1,041,325 | +€13,390 | +1.3% |
| Equity | 10/15 | €758,150 | €880,798 | +€122,648 | +16.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €302,483 | €302,483 | = | 0.0% |
| Tax-exempt reserves | 132 | €824 | €824 | = | 0.0% |
| Distributable reserves | 133 | €301,659 | €301,659 | = | 0.0% |
| Profit (loss) carried forward | 14 | €435,667 | €558,315 | +€122,648 | +28.2% |
| Amounts payable | 17/49 | €269,785 | €160,527 | -€109,258 | -40.5% |
| Amounts payable after more than one year | 17 | €36,111 | €19,444 | -€16,667 | -46.2% |
| Financial debts | 170/4 | €36,111 | €19,444 | -€16,667 | -46.2% |
| Amounts payable within one year | 42/48 | €232,175 | €139,552 | -€92,622 | -39.9% |
| Current portion of amounts payable after more than one year | 42 | €16,667 | €16,667 | = | 0.0% |
| Trade debts | 44 | €196,330 | €104,279 | -€92,051 | -46.9% |
| Suppliers | 440/4 | €196,330 | €104,279 | -€92,051 | -46.9% |
| Advances received on contracts in progress | 46 | €437 | - | -€437 | |
| Taxes, remuneration and social security | 45 | €18,741 | €18,607 | -€135 | -0.7% |
| Remuneration and social security | 454/9 | €18,741 | €18,607 | -€135 | -0.7% |
| Accrued charges and deferred income | 492/3 | €1,499 | €1,530 | +€31 | +2.1% |
| Remuneration, social security and pensions | 62 | €94,861 | €91,730 | -€3,131 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,769 | €29,166 | +€4,397 | +17.8% |
| Other operating charges | 640/8 | €3,038 | €4,750 | +€1,712 | +56.4% |
| Gross operating margin | 9900 | €244,548 | €292,059 | +€47,511 | +19.4% |
| Operating profit (loss) | 9901 | €121,881 | €166,413 | +€44,532 | +36.5% |
| Financial income | 75/76B | €811 | €2,822 | +€2,011 | +248% |
| Recurring financial income | 75 | €811 | €2,822 | +€2,011 | +248% |
| Financial charges | 65/66B | €10,074 | €6,946 | -€3,128 | -31.0% |
| Recurring financial charges | 65 | €10,074 | €6,946 | -€3,128 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €112,617 | €162,288 | +€49,671 | +44.1% |
| Income taxes | 67/77 | €28,557 | €39,640 | +€11,083 | +38.8% |
| Profit (loss) for the period | 9904 | €84,060 | €122,648 | +€38,588 | +45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €84,060 | €122,648 | +€38,588 | +45.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.