Apotheek Maxime Van Eetvelde: 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 Maxime Van Eetvelde
Largest movements
- Receivables within one year +€51,940
up €51,940 (+21.1%), from €245,695 to €297,635
of which Trade receivables: +€69,783
- Stocks and contracts +€13,690
up €13,690 (+14.9%), from €91,999 to €105,688
- Trade debts +€64,934
up €64,934 (+78.1%), from €83,098 to €148,032
- Other debts +€62,857
up €62,857 (+124%), from €50,734 to €113,591
- Tax, wage and social debts -€32,951
down €32,951 (-89.9%), from €36,637 to €3,685
of which Taxes: -€18,766
- Short-term financial debts -€24,610
down €24,610 (-24.7%), from €99,610 to €75,000
of which Other loans: -€99,610
- Current portion of long-term debt -€5,889
down €5,889 (-58.1%), from €10,135 to €4,247
- Gross operating margin -€95,858
down €95,858 (-72.7%), from €131,791 to €35,933
- Depreciation -€23,867
down €23,867 (-91.7%), from €26,040 to €2,173
- Staff costs -€15,946
down €15,946 (-45.2%), from €35,250 to €19,304
- Taxes -€14,777
down €14,777 (-93.2%), from €15,863 to €1,086
- Financial charges -€3,115
down €3,115 (-18.1%), from €17,227 to €14,112
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 | €387,401 | €453,422 | +€66,021 | +17.0% |
| Fixed assets | 21/28 | €8,992 | €9,839 | +€847 | +9.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €8,917 | €9,764 | +€847 | +9.5% |
| Plant, machinery and equipment | 23 | €6,733 | €8,339 | +€1,606 | +23.9% |
| Furniture and vehicles | 24 | €2,184 | €1,425 | -€759 | -34.7% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €378,409 | €443,583 | +€65,174 | +17.2% |
| Stocks and contracts in progress | 3 | €91,999 | €105,688 | +€13,690 | +14.9% |
| Stocks | 30/36 | €91,999 | €105,688 | +€13,690 | +14.9% |
| Amounts receivable within one year | 40/41 | €245,695 | €297,635 | +€51,940 | +21.1% |
| Trade receivables | 40 | €46,672 | €116,456 | +€69,783 | +150% |
| Other amounts receivable | 41 | €199,023 | €181,179 | -€17,843 | -9.0% |
| Cash at bank and in hand | 54/58 | €38,722 | €36,075 | -€2,647 | -6.8% |
| Deferred charges and accrued income | 490/1 | €1,994 | €4,185 | +€2,192 | +110% |
| Total equity and liabilities | 10/49 | €387,401 | €453,422 | +€66,021 | +17.0% |
| Equity | 10/15 | €107,187 | €108,306 | +€1,119 | +1.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €27,408 | €27,408 | = | 0.0% |
| Distributable reserves | 133 | €27,408 | €27,408 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,779 | €50,898 | +€1,119 | +2.2% |
| Amounts payable | 17/49 | €280,214 | €345,116 | +€64,902 | +23.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €280,214 | €344,555 | +€64,341 | +23.0% |
| Current portion of amounts payable after more than one year | 42 | €10,135 | €4,247 | -€5,889 | -58.1% |
| Financial debts | 43 | €99,610 | €75,000 | -€24,610 | -24.7% |
| Credit institutions | 430/8 | - | €75,000 | +€75,000 | |
| Other loans | 439 | €99,610 | €0 | -€99,610 | -100% |
| Trade debts | 44 | €83,098 | €148,032 | +€64,934 | +78.1% |
| Suppliers | 440/4 | €83,098 | €148,032 | +€64,934 | +78.1% |
| Taxes, remuneration and social security | 45 | €36,637 | €3,685 | -€32,951 | -89.9% |
| Taxes | 450/3 | €19,852 | €1,086 | -€18,766 | -94.5% |
| Remuneration and social security | 454/9 | €16,784 | €2,599 | -€14,185 | -84.5% |
| Other amounts payable | 47/48 | €50,734 | €113,591 | +€62,857 | +124% |
| Accrued charges and deferred income | 492/3 | - | €561 | +€561 | |
| Remuneration, social security and pensions | 62 | €35,250 | €19,304 | -€15,946 | -45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,040 | €2,173 | -€23,867 | -91.7% |
| Other operating charges | 640/8 | €1,656 | €1,630 | -€26 | -1.6% |
| Gross operating margin | 9900 | €131,791 | €35,933 | -€95,858 | -72.7% |
| Operating profit (loss) | 9901 | €68,844 | €12,826 | -€56,018 | -81.4% |
| Financial income | 75/76B | €3,314 | €3,491 | +€177 | +5.4% |
| Recurring financial income | 75 | €3,314 | €3,491 | +€177 | +5.4% |
| Financial charges | 65/66B | €17,227 | €14,112 | -€3,115 | -18.1% |
| Recurring financial charges | 65 | €17,227 | €14,112 | -€3,115 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €54,931 | €2,205 | -€52,726 | -96.0% |
| Income taxes | 67/77 | €15,863 | €1,086 | -€14,777 | -93.2% |
| Profit (loss) for the period | 9904 | €39,069 | €1,119 | -€37,950 | -97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €39,069 | €1,119 | -€37,950 | -97.1% |
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 23 October 2026 via checked.be.