APOTHEEK MONNENS: what changed
What changed
APOTHEEK MONNENS
NACE 47.730, Retail sale of pharmaceutical products
filed annual accounts (NBB)
Net result for the year
€368,328
2024 · €246,718+€121,610
Equity
€884,264
2024 · €850,936+€33,328
Cash
€172,938
2024 · €134,147+€38,790
Balance sheet total
€2.4m
2024 · €2.4m+€50,764
Largest movements
Assets
- Tangible fixed assets -€44,378
down €44,378 (-2.8%), from €1.6m to €1.5m
of which Land and buildings: -€51,696
- Receivables within one year +€43,607
up €43,607 (+13.0%), from €336,659 to €380,266
of which Trade receivables: +€85,816
- Cash +€38,790
up €38,790 (+28.9%), from €134,147 to €172,938
mainly Net result for the year (+€368,328) and Depreciation (+€91,225)
Equity and liabilities
- Other debts +€42,733
up €42,733 (+4.2%), from €1.0m to €1.1m
- Reserves +€33,328
up €33,328 (+4.1%), from €814,738 to €848,066
- Debts after one year -€30,301
down €30,301 (-10.6%), from €285,518 to €255,218
Income statement
- Gross operating margin +€180,399
up €180,399 (+39.1%), from €461,776 to €642,175
- Staff costs +€41,076
up €41,076 (+40.8%), from €100,587 to €141,663
- Depreciation +€12,284
up €12,284 (+15.6%), from €78,941 to €91,225
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
€246,718
Gross operating margin
+€180,399
Staff costs
-€41,076
Depreciation
-€12,284
Other operating charges
-€702
Financial income
+€584
Financial charges
-€2,197
Taxes
-€3,113
Result 2025
€368,328
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
+€449,918
Investment
-€46,848
Financing
-€364,280
Cash 2024
€134,147
From operations (derived)
+€449,918
Net result for the year
+€368,328
Depreciation
+€91,225
Stocks and contracts
-€9,705
Receivables within one year
-€43,607
Deferred charges and accrued income
-€3,039
Trade debts
+€2,684
Tax, wage and social debts
-€2,942
Other debts
+€42,733
Accrued charges and deferred income
+€4,240
Investment (derived)
-€46,848
Investment in fixed assets (net)
-€46,848
Financing
-€364,280
Debts after one year
-€30,301
Current portion of long-term debt
+€1,020
Contributions, distributions and other
-€335,000
Cash 2025
€172,938
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,355,800 | €2,406,564 | +€50,764 | +2.2% |
| Fixed assets | 21/28 | €1,578,694 | €1,534,317 | -€44,378 | -2.8% |
| Tangible fixed assets | 22/27 | €1,578,694 | €1,534,317 | -€44,378 | -2.8% |
| Land and buildings | 22 | €1,205,759 | €1,154,063 | -€51,696 | -4.3% |
| Plant, machinery and equipment | 23 | €118,446 | €107,825 | -€10,621 | -9.0% |
| Furniture and vehicles | 24 | €8,686 | €6,065 | -€2,621 | -30.2% |
| Assets under construction and advance payments | 27 | €245,804 | €266,364 | +€20,560 | +8.4% |
| Current assets | 29/58 | €777,106 | €872,247 | +€95,141 | +12.2% |
| Stocks and contracts in progress | 3 | €283,301 | €293,007 | +€9,705 | +3.4% |
| Stocks | 30/36 | €283,301 | €293,007 | +€9,705 | +3.4% |
| Amounts receivable within one year | 40/41 | €336,659 | €380,266 | +€43,607 | +13.0% |
| Trade receivables | 40 | €213,220 | €299,036 | +€85,816 | +40.2% |
| Other amounts receivable | 41 | €123,439 | €81,230 | -€42,209 | -34.2% |
| Cash at bank and in hand | 54/58 | €134,147 | €172,938 | +€38,790 | +28.9% |
| Deferred charges and accrued income | 490/1 | €22,998 | €26,037 | +€3,039 | +13.2% |
| Total equity and liabilities | 10/49 | €2,355,800 | €2,406,564 | +€50,764 | +2.2% |
| Equity | 10/15 | €850,936 | €884,264 | +€33,328 | +3.9% |
| Contributions | 10/11 | €36,197 | €36,197 | = | 0.0% |
| Reserves | 13 | €814,738 | €848,066 | +€33,328 | +4.1% |
| Distributable reserves | 133 | €814,738 | €848,066 | +€33,328 | +4.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,504,864 | €1,522,300 | +€17,436 | +1.2% |
| Amounts payable after more than one year | 17 | €285,518 | €255,218 | -€30,301 | -10.6% |
| Financial debts | 170/4 | €285,518 | €255,218 | -€30,301 | -10.6% |
| Amounts payable within one year | 42/48 | €1,216,041 | €1,259,536 | +€43,496 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €29,280 | €30,301 | +€1,020 | +3.5% |
| Trade debts | 44 | €144,971 | €147,656 | +€2,684 | +1.9% |
| Suppliers | 440/4 | €144,971 | €147,656 | +€2,684 | +1.9% |
| Taxes, remuneration and social security | 45 | €29,687 | €26,745 | -€2,942 | -9.9% |
| Taxes | 450/3 | €13,798 | €4,906 | -€8,892 | -64.4% |
| Remuneration and social security | 454/9 | €15,889 | €21,839 | +€5,950 | +37.4% |
| Other amounts payable | 47/48 | €1,012,102 | €1,054,835 | +€42,733 | +4.2% |
| Accrued charges and deferred income | 492/3 | €3,306 | €7,546 | +€4,240 | +128% |
| Remuneration, social security and pensions | 62 | €100,587 | €141,663 | +€41,076 | +40.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,941 | €91,225 | +€12,284 | +15.6% |
| Other operating charges | 640/8 | €2,631 | €3,334 | +€702 | +26.7% |
| Gross operating margin | 9900 | €461,776 | €642,175 | +€180,399 | +39.1% |
| Operating profit (loss) | 9901 | €279,617 | €405,953 | +€126,336 | +45.2% |
| Financial income | 75/76B | €1,358 | €1,942 | +€584 | +43.0% |
| Recurring financial income | 75 | €1,358 | €1,942 | +€584 | +43.0% |
| Financial charges | 65/66B | €19,736 | €21,934 | +€2,197 | +11.1% |
| Recurring financial charges | 65 | €19,736 | €21,934 | +€2,197 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €261,239 | €385,962 | +€124,723 | +47.7% |
| Income taxes | 67/77 | €14,521 | €17,634 | +€3,113 | +21.4% |
| Profit (loss) for the period | 9904 | €246,718 | €368,328 | +€121,610 | +49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €246,718 | €368,328 | +€121,610 | +49.3% |
Next steps
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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 4 November 2026 via checked.be.