Apotheek Mares: 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 Mares
Largest movements
- Cash -€14,194
down €14,194 (-14.9%), from €95,441 to €81,247
mainly Contributions, distributions and other (-€35,000) and Receivables within one year (-€12,619)
- Receivables within one year +€12,619
up €12,619 (+15.1%), from €83,385 to €96,004
of which Trade receivables: +€11,910
- Stocks and contracts +€9,698
up €9,698 (+5.4%), from €179,252 to €188,949
- Tangible fixed assets +€8,140
up €8,140 (+13.7%), from €59,623 to €67,763
of which Plant, machinery and equipment: +€9,217
- Reserves +€14,044
up €14,044 (+4.6%), from €303,162 to €317,207
- Other operating charges -€22,504
down €22,504 (-80.6%), from €27,913 to €5,409
- Gross operating margin -€13,179
down €13,179 (-6.3%), from €207,915 to €194,736
- Taxes -€4,459
down €4,459 (-43.7%), from €10,204 to €5,744
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 | €547,560 | €563,450 | +€15,890 | +2.9% |
| Fixed assets | 21/28 | €62,243 | €70,271 | +€8,028 | +12.9% |
| Tangible fixed assets | 22/27 | €59,623 | €67,763 | +€8,140 | +13.7% |
| Land and buildings | 22 | €52,186 | €51,109 | -€1,077 | -2.1% |
| Plant, machinery and equipment | 23 | €7,437 | €16,654 | +€9,217 | +124% |
| Financial fixed assets | 28 | €2,620 | €2,507 | -€113 | -4.3% |
| Current assets | 29/58 | €485,317 | €493,180 | +€7,863 | +1.6% |
| Amounts receivable after more than one year | 29 | €110,939 | €110,939 | = | 0.0% |
| Other amounts receivable | 291 | €110,939 | €110,939 | = | 0.0% |
| Stocks and contracts in progress | 3 | €179,252 | €188,949 | +€9,698 | +5.4% |
| Stocks | 30/36 | €179,252 | €188,949 | +€9,698 | +5.4% |
| Amounts receivable within one year | 40/41 | €83,385 | €96,004 | +€12,619 | +15.1% |
| Trade receivables | 40 | €77,211 | €89,121 | +€11,910 | +15.4% |
| Other amounts receivable | 41 | €6,174 | €6,884 | +€709 | +11.5% |
| Cash at bank and in hand | 54/58 | €95,441 | €81,247 | -€14,194 | -14.9% |
| Deferred charges and accrued income | 490/1 | €16,300 | €16,039 | -€260 | -1.6% |
| Total equity and liabilities | 10/49 | €547,560 | €563,450 | +€15,890 | +2.9% |
| Equity | 10/15 | €423,162 | €437,207 | +€14,044 | +3.3% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €303,162 | €317,207 | +€14,044 | +4.6% |
| Distributable reserves | 133 | €303,162 | €317,207 | +€14,044 | +4.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €124,398 | €126,244 | +€1,846 | +1.5% |
| Amounts payable after more than one year | 17 | €18,677 | €18,461 | -€216 | -1.2% |
| Other amounts payable | 178/9 | €18,677 | €18,461 | -€216 | -1.2% |
| Amounts payable within one year | 42/48 | €105,292 | €107,322 | +€2,030 | +1.9% |
| Trade debts | 44 | €54,498 | €56,507 | +€2,010 | +3.7% |
| Suppliers | 440/4 | €54,498 | €56,507 | +€2,010 | +3.7% |
| Taxes, remuneration and social security | 45 | €20,794 | €15,815 | -€4,980 | -23.9% |
| Taxes | 450/3 | €5,436 | €0 | -€5,436 | -100% |
| Remuneration and social security | 454/9 | €15,358 | €15,815 | +€457 | +3.0% |
| Other amounts payable | 47/48 | €30,000 | €35,000 | +€5,000 | +16.7% |
| Accrued charges and deferred income | 492/3 | €429 | €461 | +€32 | +7.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €130,709 | €131,947 | +€1,239 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,229 | €2,264 | +€35 | +1.6% |
| Other operating charges | 640/8 | €27,913 | €5,409 | -€22,504 | -80.6% |
| Gross operating margin | 9900 | €207,915 | €194,736 | -€13,179 | -6.3% |
| Operating profit (loss) | 9901 | €47,064 | €55,115 | +€8,051 | +17.1% |
| Financial income | 75/76B | €2,512 | €2,574 | +€61 | +2.4% |
| Recurring financial income | 75 | €2,512 | €2,574 | +€61 | +2.4% |
| Financial charges | 65/66B | €3,114 | €2,900 | -€214 | -6.9% |
| Recurring financial charges | 65 | €3,114 | €2,900 | -€214 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €46,462 | €54,789 | +€8,326 | +17.9% |
| Income taxes | 67/77 | €10,204 | €5,744 | -€4,459 | -43.7% |
| Profit (loss) for the period | 9904 | €36,259 | €49,044 | +€12,786 | +35.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,259 | €49,044 | +€12,786 | +35.3% |
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 14 October 2026 via checked.be.