APOTHEEK MALEM: 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 MALEM
Largest movements
- Deferred charges and accrued income +€35,458
up €35,458 (+1,998%), from €1,775 to €37,233
- Receivables within one year -€26,629
down €26,629 (-58.1%), from €45,820 to €19,191
of which Trade receivables: -€24,641
- Tangible fixed assets -€18,699
down €18,699 (-29.5%), from €63,471 to €44,772
of which Land and buildings: -€10,153
- Cash +€11,616
up €11,616 (+10.2%), from €113,652 to €125,268
mainly Depreciation (+€27,853) and Receivables within one year (+€26,629)
- Other debts -€19,147
down €19,147 (-24.8%), from €77,266 to €58,119
- Trade debts +€14,064
up €14,064 (+61.8%), from €22,741 to €36,805
- Reserves +€12,762
up €12,762 (+9.5%), from €134,626 to €147,387
- Debts after one year -€10,544
down €10,544 (-79.6%), from €13,252 to €2,708
- Staff costs +€3,772
up €3,772 (+584%), from €646 to €4,417
- Financial charges -€1,703
down €1,703 (-22.2%), from €7,681 to €5,977
- Depreciation +€1,315
up €1,315 (+5.0%), from €26,538 to €27,853
- Gross operating margin -€910
down €910 (-1.5%), from €60,334 to €59,424
- Other operating charges +€890
up €890 (+634%), from €141 to €1,031
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 | €326,258 | €326,256 | -€2 | 0.0% |
| Fixed assets | 21/28 | €63,471 | €44,772 | -€18,699 | -29.5% |
| Tangible fixed assets | 22/27 | €63,471 | €44,772 | -€18,699 | -29.5% |
| Land and buildings | 22 | €10,153 | - | -€10,153 | |
| Plant, machinery and equipment | 23 | €9,304 | €8,097 | -€1,208 | -13.0% |
| Furniture and vehicles | 24 | €38,139 | €33,903 | -€4,236 | -11.1% |
| Other tangible fixed assets | 26 | €5,875 | €2,772 | -€3,103 | -52.8% |
| Current assets | 29/58 | €262,787 | €281,484 | +€18,697 | +7.1% |
| Stocks and contracts in progress | 3 | €101,541 | €99,792 | -€1,748 | -1.7% |
| Stocks | 30/36 | €101,541 | €99,792 | -€1,748 | -1.7% |
| Amounts receivable within one year | 40/41 | €45,820 | €19,191 | -€26,629 | -58.1% |
| Trade receivables | 40 | €30,597 | €5,956 | -€24,641 | -80.5% |
| Other amounts receivable | 41 | €15,223 | €13,235 | -€1,988 | -13.1% |
| Cash at bank and in hand | 54/58 | €113,652 | €125,268 | +€11,616 | +10.2% |
| Deferred charges and accrued income | 490/1 | €1,775 | €37,233 | +€35,458 | +1,998% |
| Total equity and liabilities | 10/49 | €326,258 | €326,256 | -€2 | 0.0% |
| Equity | 10/15 | €196,626 | €209,387 | +€12,762 | +6.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €134,626 | €147,387 | +€12,762 | +9.5% |
| Distributable reserves | 133 | €134,626 | €147,387 | +€12,762 | +9.5% |
| Amounts payable | 17/49 | €129,632 | €116,868 | -€12,764 | -9.8% |
| Amounts payable after more than one year | 17 | €13,252 | €2,708 | -€10,544 | -79.6% |
| Financial debts | 170/4 | €13,252 | €2,708 | -€10,544 | -79.6% |
| Amounts payable within one year | 42/48 | €111,985 | €108,590 | -€3,395 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €10,095 | €10,544 | +€449 | +4.4% |
| Trade debts | 44 | €22,741 | €36,805 | +€14,064 | +61.8% |
| Suppliers | 440/4 | €22,741 | €36,805 | +€14,064 | +61.8% |
| Taxes, remuneration and social security | 45 | €1,883 | €3,123 | +€1,239 | +65.8% |
| Taxes | 450/3 | €1,883 | €3,123 | +€1,239 | +65.8% |
| Other amounts payable | 47/48 | €77,266 | €58,119 | -€19,147 | -24.8% |
| Accrued charges and deferred income | 492/3 | €4,395 | €5,570 | +€1,175 | +26.7% |
| Remuneration, social security and pensions | 62 | €646 | €4,417 | +€3,772 | +584% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,538 | €27,853 | +€1,315 | +5.0% |
| Other operating charges | 640/8 | €141 | €1,031 | +€890 | +634% |
| Gross operating margin | 9900 | €60,334 | €59,424 | -€910 | -1.5% |
| Operating profit (loss) | 9901 | €33,011 | €26,124 | -€6,887 | -20.9% |
| Financial income | 75/76B | €1,255 | €1,009 | -€246 | -19.6% |
| Recurring financial income | 75 | €1,255 | €1,009 | -€246 | -19.6% |
| Financial charges | 65/66B | €7,681 | €5,977 | -€1,703 | -22.2% |
| Recurring financial charges | 65 | €7,681 | €5,977 | -€1,703 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €26,585 | €21,155 | -€5,429 | -20.4% |
| Income taxes | 67/77 | €8,009 | €8,394 | +€385 | +4.8% |
| Profit (loss) for the period | 9904 | €18,576 | €12,762 | -€5,814 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,576 | €12,762 | -€5,814 | -31.3% |
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 25 October 2026 via checked.be.