Apotheek Moerdijk: 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 Moerdijk
Largest movements
- Tangible fixed assets +€157,672
up €157,672 (+379.9%), from €41,500 to €199,171
of which Land and buildings: +€167,881
- Cash -€53,763
down €53,763 (-35.4%), from €152,044 to €98,281
mainly Investment in fixed assets (net) (-€173,855) and Stocks and contracts (-€34,596)
- Stocks and contracts +€34,596
up €34,596 (+38.1%), from €90,707 to €125,303
- Intangible fixed assets -€15,700
down €15,700 (-33.3%), from €47,100 to €31,400
- Current investments -€15,580
no longer reported in 2025 (was €15,580)
- Reserves +€44,920
up €44,920 (+17.2%), from €261,622 to €306,542
of which Distributable reserves: +€46,780
- Current portion of long-term debt +€31,321
new in 2025: €31,321
- Debts after one year +€22,609
up €22,609 (+25.8%), from €87,801 to €110,410
- Trade debts +€16,667
up €16,667 (+23.6%), from €70,526 to €87,193
- Short-term financial debts -€8,010
no longer reported in 2025 (was €8,010)
- Taxes -€25,172
down €25,172 (-68.1%), from €36,947 to €11,775
- Gross operating margin -€15,080
down €15,080 (-11.1%), from €136,463 to €121,383
- Financial charges +€13,250
up €13,250 (+156.0%), from €8,496 to €21,746
of which Non-recurring financial charges: +€15,580
- Staff costs +€9,467
up €9,467 (+217.8%), from €4,347 to €13,814
- Depreciation +€5,388
up €5,388 (+20.3%), from €26,496 to €31,883
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.
Cash bridge derived
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 | €463,225 | €575,142 | +€111,916 | +24.2% |
| Fixed assets | 21/28 | €88,600 | €230,571 | +€141,972 | +160.2% |
| Intangible fixed assets | 21 | €47,100 | €31,400 | -€15,700 | -33.3% |
| Tangible fixed assets | 22/27 | €41,500 | €199,171 | +€157,672 | +379.9% |
| Land and buildings | 22 | €2,930 | €170,811 | +€167,881 | +5729.6% |
| Plant, machinery and equipment | 23 | €1,029 | €204 | -€824 | -80.1% |
| Furniture and vehicles | 24 | €37,541 | €28,156 | -€9,385 | -25.0% |
| Current assets | 29/58 | €374,625 | €344,570 | -€30,055 | -8.0% |
| Stocks and contracts in progress | 3 | €90,707 | €125,303 | +€34,596 | +38.1% |
| Stocks | 30/36 | €90,707 | €125,303 | +€34,596 | +38.1% |
| Amounts receivable within one year | 40/41 | €116,295 | €119,123 | +€2,828 | +2.4% |
| Trade receivables | 40 | €83,600 | €80,349 | -€3,251 | -3.9% |
| Other amounts receivable | 41 | €32,694 | €38,774 | +€6,079 | +18.6% |
| Current investments | 50/53 | €15,580 | - | -€15,580 | |
| Cash at bank and in hand | 54/58 | €152,044 | €98,281 | -€53,763 | -35.4% |
| Deferred charges and accrued income | 490/1 | - | €1,863 | +€1,863 | |
| Total equity and liabilities | 10/49 | €463,225 | €575,142 | +€111,916 | +24.2% |
| Equity | 10/15 | €274,022 | €318,942 | +€44,920 | +16.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €261,622 | €306,542 | +€44,920 | +17.2% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €259,762 | €306,542 | +€46,780 | +18.0% |
| Amounts payable | 17/49 | €189,204 | €256,200 | +€66,996 | +35.4% |
| Amounts payable after more than one year | 17 | €87,801 | €110,410 | +€22,609 | +25.8% |
| Financial debts | 170/4 | €87,801 | €110,410 | +€22,609 | +25.8% |
| Amounts payable within one year | 42/48 | €101,403 | €145,790 | +€44,387 | +43.8% |
| Current portion of amounts payable after more than one year | 42 | - | €31,321 | +€31,321 | |
| Financial debts | 43 | €8,010 | - | -€8,010 | |
| Credit institutions | 430/8 | €8,010 | - | -€8,010 | |
| Trade debts | 44 | €70,526 | €87,193 | +€16,667 | +23.6% |
| Suppliers | 440/4 | €70,526 | €87,193 | +€16,667 | +23.6% |
| Taxes, remuneration and social security | 45 | €22,817 | €27,226 | +€4,409 | +19.3% |
| Taxes | 450/3 | €22,339 | €24,234 | +€1,895 | +8.5% |
| Remuneration and social security | 454/9 | €478 | €2,992 | +€2,514 | +526.4% |
| Other amounts payable | 47/48 | €50 | €50 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €4,347 | €13,814 | +€9,467 | +217.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,496 | €31,883 | +€5,388 | +20.3% |
| Other operating charges | 640/8 | €3,525 | €705 | -€2,820 | -80.0% |
| Gross operating margin | 9900 | €136,463 | €121,383 | -€15,080 | -11.1% |
| Operating profit (loss) | 9901 | €102,095 | €74,981 | -€27,114 | -26.6% |
| Financial income | 75/76B | €3,101 | €3,461 | +€359 | +11.6% |
| Recurring financial income | 75 | €3,101 | €3,461 | +€359 | +11.6% |
| Financial charges | 65/66B | €8,496 | €21,746 | +€13,250 | +156.0% |
| Recurring financial charges | 65 | €8,496 | €6,166 | -€2,330 | -27.4% |
| Non-recurring financial charges | 66B | - | €15,580 | +€15,580 | |
| Profit (loss) for the period before taxes | 9903 | €96,700 | €56,696 | -€40,005 | -41.4% |
| Income taxes | 67/77 | €36,947 | €11,775 | -€25,172 | -68.1% |
| Profit (loss) for the period | 9904 | €59,754 | €44,920 | -€14,833 | -24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €59,754 | €44,920 | -€14,833 | -24.8% |
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 11 October 2026 via checked.be.