Apotheek Muide: what changed
What changed
Apotheek Muide
NACE 47.730, Retail sale of pharmaceutical products
filed annual accounts (NBB)
Net result for the year
-€18,470
2024 · -€7,406-€11,064
Equity
€292,433
2024 · €310,903-€18,470
Cash
€8,467
2024 · €19,367-€10,900
Balance sheet total
€1.4m
2024 · €1.5m-€82,225
Largest movements
Assets
- Tangible fixed assets -€56,716
down €56,716 (-23.4%), from €242,305 to €185,589
- Intangible fixed assets -€37,931
down €37,931 (-4.0%), from €946,243 to €908,312
- Receivables within one year +€17,663
up €17,663 (+15.4%), from €114,956 to €132,619
of which Trade receivables: +€17,843
- Stocks and contracts +€16,450
up €16,450 (+14.0%), from €117,576 to €134,026
Equity and liabilities
- Current portion of long-term debt -€81,862
down €81,862 (-56.5%), from €144,828 to €62,966
- Reserves -€18,470
down €18,470 (-6.6%), from €279,903 to €261,433
of which Distributable reserves: -€18,470
Income statement
- Gross operating margin -€20,149
down €20,149 (-18.5%), from €108,965 to €88,816
- Depreciation -€7,958
down €7,958 (-7.4%), from €108,238 to €100,280
- Taxes +€3,878
up €3,878, from -€3,878 to €0
- Financial income +€2,187
up €2,187 (+1,130%), from €194 to €2,381
- Financial charges -€1,722
down €1,722 (-19.1%), from €9,038 to €7,316
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
-€7,406
Gross operating margin
-€20,149
Staff costs
+€1,648
Depreciation
+€7,958
Write-downs
-€182
Other operating charges
-€371
Financial income
+€2,187
Financial charges
+€1,722
Taxes
-€3,878
Result 2025
-€18,470
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
+€56,672
Investment
+€4,130
Financing
-€71,702
Cash 2024
€19,367
From operations (derived)
+€56,672
Net result for the year
-€18,470
Depreciation
+€100,280
Stocks and contracts
-€16,450
Receivables within one year
-€17,663
Deferred charges and accrued income
+€1,028
Trade debts
+€9,294
Tax, wage and social debts
-€1,346
Investment (derived)
+€4,130
Investment in fixed assets (net)
+€4,130
Financing
-€71,702
Debts after one year
+€10,109
Current portion of long-term debt
-€81,862
Short-term financial debts
+€50
Cash 2025
€8,467
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,489,279 | €1,407,054 | -€82,225 | -5.5% |
| Formation expenses | 20 | €13,396 | €8,633 | -€4,763 | -35.6% |
| Fixed assets | 21/28 | €1,215,591 | €1,115,945 | -€99,647 | -8.2% |
| Intangible fixed assets | 21 | €946,243 | €908,312 | -€37,931 | -4.0% |
| Tangible fixed assets | 22/27 | €242,305 | €185,589 | -€56,716 | -23.4% |
| Land and buildings | 22 | €10,221 | €7,278 | -€2,944 | -28.8% |
| Plant, machinery and equipment | 23 | €26,735 | €12,263 | -€14,472 | -54.1% |
| Furniture and vehicles | 24 | €10,720 | €8,214 | -€2,506 | -23.4% |
| Leasing and similar rights | 25 | €11,900 | €0 | -€11,900 | -100% |
| Other tangible fixed assets | 26 | €182,729 | €157,835 | -€24,895 | -13.6% |
| Financial fixed assets | 28 | €27,043 | €22,043 | -€5,000 | -18.5% |
| Current assets | 29/58 | €260,292 | €282,477 | +€22,185 | +8.5% |
| Stocks and contracts in progress | 3 | €117,576 | €134,026 | +€16,450 | +14.0% |
| Stocks | 30/36 | €117,576 | €134,026 | +€16,450 | +14.0% |
| Amounts receivable within one year | 40/41 | €114,956 | €132,619 | +€17,663 | +15.4% |
| Trade receivables | 40 | €114,393 | €132,235 | +€17,843 | +15.6% |
| Other amounts receivable | 41 | €563 | €384 | -€180 | -31.9% |
| Cash at bank and in hand | 54/58 | €19,367 | €8,467 | -€10,900 | -56.3% |
| Deferred charges and accrued income | 490/1 | €8,393 | €7,365 | -€1,028 | -12.2% |
| Total equity and liabilities | 10/49 | €1,489,279 | €1,407,054 | -€82,225 | -5.5% |
| Equity | 10/15 | €310,903 | €292,433 | -€18,470 | -5.9% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €279,903 | €261,433 | -€18,470 | -6.6% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,100 | €3,100 | = | 0.0% |
| Distributable reserves | 133 | €276,803 | €258,333 | -€18,470 | -6.7% |
| Amounts payable | 17/49 | €1,178,376 | €1,114,621 | -€63,755 | -5.4% |
| Amounts payable after more than one year | 17 | €759,993 | €770,103 | +€10,109 | +1.3% |
| Financial debts | 170/4 | €135,664 | €96,031 | -€39,633 | -29.2% |
| Other amounts payable | 178/9 | €624,329 | €674,072 | +€49,742 | +8.0% |
| Amounts payable within one year | 42/48 | €418,382 | €344,518 | -€73,864 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €144,828 | €62,966 | -€81,862 | -56.5% |
| Financial debts | 43 | - | €50 | +€50 | |
| Credit institutions | 430/8 | - | €50 | +€50 | |
| Trade debts | 44 | €270,164 | €279,458 | +€9,294 | +3.4% |
| Suppliers | 440/4 | €270,164 | €279,458 | +€9,294 | +3.4% |
| Taxes, remuneration and social security | 45 | €3,390 | €2,044 | -€1,346 | -39.7% |
| Taxes | 450/3 | €3,390 | €2,044 | -€1,346 | -39.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €2,115 | €468 | -€1,648 | -77.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,238 | €100,280 | -€7,958 | -7.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €182 | +€182 | |
| Other operating charges | 640/8 | €1,051 | €1,421 | +€371 | +35.3% |
| Gross operating margin | 9900 | €108,965 | €88,816 | -€20,149 | -18.5% |
| Operating profit (loss) | 9901 | -€2,439 | -€13,535 | -€11,096 | -455% |
| Financial income | 75/76B | €194 | €2,381 | +€2,187 | +1,130% |
| Recurring financial income | 75 | €194 | €2,381 | +€2,187 | +1,130% |
| Financial charges | 65/66B | €9,038 | €7,316 | -€1,722 | -19.1% |
| Recurring financial charges | 65 | €9,038 | €7,316 | -€1,722 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,283 | -€18,470 | -€7,186 | -63.7% |
| Income taxes | 67/77 | -€3,878 | €0 | +€3,878 | |
| Profit (loss) for the period | 9904 | -€7,406 | -€18,470 | -€11,064 | -149% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,406 | -€18,470 | -€11,064 | -149% |
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 3 November 2026 via checked.be.