Apotheek Melkmarkt: what changed
What changed
Apotheek Melkmarkt
NACE 47.730, Retail sale of pharmaceutical products
filed annual accounts (NBB)
Net result for the year
€82,587
2024 · €50,747+€31,840
Equity
€825,895
2024 · €818,570+€7,325
Cash
€291,214
2024 · €293,004-€1,790
Balance sheet total
€1.1m
2024 · €999,095+€76,962
Largest movements
Assets
- Current investments +€50,000
up €50,000 (+12.5%), from €400,000 to €450,000
- Stocks and contracts +€37,879
up €37,879 (+25.5%), from €148,708 to €186,587
Equity and liabilities
- Trade debts +€53,748
up €53,748 (+52.4%), from €102,537 to €156,285
- Other debts +€16,766
up €16,766 (+28.8%), from €58,234 to €75,000
Income statement
- Gross operating margin +€26,347
up €26,347 (+13.0%), from €202,381 to €228,728
- Taxes -€4,547
down €4,547 (-18.9%), from €24,047 to €19,500
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
€50,747
Gross operating margin
+€26,347
Staff costs
+€2,169
Depreciation
-€114
Other operating charges
+€227
Financial income
-€1,428
Financial charges
+€91
Taxes
+€4,547
Result 2025
€82,587
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
+€128,417
Investment
-€54,946
Financing
-€75,261
Cash 2024
€293,004
From operations (derived)
+€128,417
Net result for the year
+€82,587
Depreciation
+€4,718
Stocks and contracts
-€37,879
Receivables within one year
+€8,092
Deferred charges and accrued income
+€1,263
Smaller working-capital items
-€216
Trade debts
+€53,748
Tax, wage and social debts
-€662
Other debts
+€16,766
Investment (derived)
-€54,946
Investment in fixed assets (net)
-€4,946
Current investments
-€50,000
Financing
-€75,261
Contributions, distributions and other
-€75,261
Cash 2025
€291,214
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €999,095 | €1,076,057 | +€76,962 | +7.7% |
| Fixed assets | 21/28 | €15,526 | €15,754 | +€227 | +1.5% |
| Tangible fixed assets | 22/27 | €15,502 | €15,729 | +€227 | +1.5% |
| Plant, machinery and equipment | 23 | €13,971 | €14,106 | +€135 | +1.0% |
| Furniture and vehicles | 24 | €1,531 | €1,623 | +€93 | +6.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €983,569 | €1,060,303 | +€76,734 | +7.8% |
| Stocks and contracts in progress | 3 | €148,708 | €186,587 | +€37,879 | +25.5% |
| Stocks | 30/36 | €148,708 | €186,587 | +€37,879 | +25.5% |
| Amounts receivable within one year | 40/41 | €122,654 | €114,562 | -€8,092 | -6.6% |
| Trade receivables | 40 | €108,866 | €109,512 | +€646 | +0.6% |
| Other amounts receivable | 41 | €13,788 | €5,050 | -€8,739 | -63.4% |
| Current investments | 50/53 | €400,000 | €450,000 | +€50,000 | +12.5% |
| Cash at bank and in hand | 54/58 | €293,004 | €291,214 | -€1,790 | -0.6% |
| Deferred charges and accrued income | 490/1 | €19,203 | €17,940 | -€1,263 | -6.6% |
| Total equity and liabilities | 10/49 | €999,095 | €1,076,057 | +€76,962 | +7.7% |
| Equity | 10/15 | €818,570 | €825,895 | +€7,325 | +0.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €798,308 | €805,895 | +€7,587 | +1.0% |
| Tax-exempt reserves | 132 | €13,044 | €13,044 | = | 0.0% |
| Distributable reserves | 133 | €785,264 | €792,851 | +€7,587 | +1.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €261 | €0 | -€261 | -100% |
| Provisions and deferred taxes | 16 | €135 | €0 | -€135 | -100% |
| Deferred taxes | 168 | €135 | €0 | -€135 | -100% |
| Amounts payable | 17/49 | €180,391 | €250,162 | +€69,771 | +38.7% |
| Amounts payable within one year | 42/48 | €180,309 | €250,162 | +€69,853 | +38.7% |
| Trade debts | 44 | €102,537 | €156,285 | +€53,748 | +52.4% |
| Suppliers | 440/4 | €102,537 | €156,285 | +€53,748 | +52.4% |
| Taxes, remuneration and social security | 45 | €19,538 | €18,877 | -€662 | -3.4% |
| Taxes | 450/3 | €5,000 | €2,319 | -€2,681 | -53.6% |
| Remuneration and social security | 454/9 | €14,538 | €16,558 | +€2,020 | +13.9% |
| Other amounts payable | 47/48 | €58,234 | €75,000 | +€16,766 | +28.8% |
| Accrued charges and deferred income | 492/3 | €82 | €0 | -€82 | -100% |
| Remuneration, social security and pensions | 62 | €130,869 | €128,699 | -€2,169 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,604 | €4,718 | +€114 | +2.5% |
| Other operating charges | 640/8 | €2,639 | €2,412 | -€227 | -8.6% |
| Gross operating margin | 9900 | €202,381 | €228,728 | +€26,347 | +13.0% |
| Operating profit (loss) | 9901 | €64,269 | €92,898 | +€28,629 | +44.5% |
| Financial income | 75/76B | €10,658 | €9,230 | -€1,428 | -13.4% |
| Recurring financial income | 75 | €10,658 | €9,230 | -€1,428 | -13.4% |
| Financial charges | 65/66B | €268 | €176 | -€91 | -34.1% |
| Recurring financial charges | 65 | €268 | €176 | -€91 | -34.1% |
| Profit (loss) for the period before taxes | 9903 | €74,659 | €101,952 | +€27,293 | +36.6% |
| Transfer from deferred taxes | 780 | €135 | €135 | +€0 | 0.0% |
| Income taxes | 67/77 | €24,047 | €19,500 | -€4,547 | -18.9% |
| Profit (loss) for the period | 9904 | €50,747 | €82,587 | +€31,840 | +62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €50,747 | €82,587 | +€31,840 | +62.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.