APOTHEEK PEDE: 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 PEDE
Largest movements
- Cash +€32,026
up €32,026 (+44.3%), from €72,366 to €104,393
mainly Net result for the year (+€118,976) and Other debts (+€46,430)
- Tangible fixed assets -€29,682
down €29,682 (-14.7%), from €202,531 to €172,848
of which Plant, machinery and equipment: -€24,082
- Other debts +€46,430
up €46,430 (+20.2%), from €229,831 to €276,261
- Debts after one year -€25,306
down €25,306 (-18.3%), from €138,448 to €113,141
- Trade debts -€14,536
down €14,536 (-36.5%), from €39,845 to €25,309
- Financial income +€22,904
up €22,904 (+506%), from €4,526 to €27,430
- Gross operating margin +€7,893
up €7,893 (+4.4%), from €178,190 to €186,083
- Taxes +€5,172
up €5,172 (+13.5%), from €38,264 to €43,436
- Financial charges -€2,203
down €2,203 (-11.2%), from €19,689 to €17,486
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 | €989,472 | €1,004,678 | +€15,206 | +1.5% |
| Fixed assets | 21/28 | €202,531 | €172,848 | -€29,682 | -14.7% |
| Tangible fixed assets | 22/27 | €202,531 | €172,848 | -€29,682 | -14.7% |
| Land and buildings | 22 | €30,800 | €25,200 | -€5,600 | -18.2% |
| Plant, machinery and equipment | 23 | €171,731 | €147,649 | -€24,082 | -14.0% |
| Current assets | 29/58 | €786,941 | €831,830 | +€44,888 | +5.7% |
| Stocks and contracts in progress | 3 | €146,672 | €150,747 | +€4,075 | +2.8% |
| Stocks | 30/36 | €146,672 | €150,747 | +€4,075 | +2.8% |
| Amounts receivable within one year | 40/41 | €145,248 | €147,807 | +€2,558 | +1.8% |
| Trade receivables | 40 | €145,248 | €147,807 | +€2,558 | +1.8% |
| Current investments | 50/53 | €411,749 | €418,210 | +€6,461 | +1.6% |
| Cash at bank and in hand | 54/58 | €72,366 | €104,393 | +€32,026 | +44.3% |
| Deferred charges and accrued income | 490/1 | €10,905 | €10,673 | -€231 | -2.1% |
| Total equity and liabilities | 10/49 | €989,472 | €1,004,678 | +€15,206 | +1.5% |
| Equity | 10/15 | €536,050 | €546,026 | +€9,976 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €514,776 | €524,752 | +€9,976 | +1.9% |
| Distributable reserves | 133 | €514,776 | €524,752 | +€9,976 | +1.9% |
| Profit (loss) carried forward | 14 | €2,674 | €2,674 | = | 0.0% |
| Amounts payable | 17/49 | €453,422 | €458,652 | +€5,230 | +1.2% |
| Amounts payable after more than one year | 17 | €138,448 | €113,141 | -€25,306 | -18.3% |
| Financial debts | 170/4 | €138,448 | €113,141 | -€25,306 | -18.3% |
| Amounts payable within one year | 42/48 | €301,470 | €333,630 | +€32,161 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €25,051 | €25,306 | +€256 | +1.0% |
| Trade debts | 44 | €39,845 | €25,309 | -€14,536 | -36.5% |
| Suppliers | 440/4 | €39,845 | €25,309 | -€14,536 | -36.5% |
| Taxes, remuneration and social security | 45 | €6,744 | €6,754 | +€10 | +0.2% |
| Taxes | 450/3 | €6,744 | €6,754 | +€10 | +0.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €229,831 | €276,261 | +€46,430 | +20.2% |
| Accrued charges and deferred income | 492/3 | €13,505 | €11,880 | -€1,625 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,274 | €33,444 | +€1,170 | +3.6% |
| Other operating charges | 640/8 | €108 | €172 | +€64 | +59.0% |
| Gross operating margin | 9900 | €178,190 | €186,083 | +€7,893 | +4.4% |
| Operating profit (loss) | 9901 | €145,808 | €152,468 | +€6,659 | +4.6% |
| Financial income | 75/76B | €4,526 | €27,430 | +€22,904 | +506% |
| Recurring financial income | 75 | €4,526 | €27,430 | +€22,904 | +506% |
| Financial charges | 65/66B | €19,689 | €17,486 | -€2,203 | -11.2% |
| Recurring financial charges | 65 | €19,689 | €17,486 | -€2,203 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €130,646 | €162,412 | +€31,766 | +24.3% |
| Income taxes | 67/77 | €38,264 | €43,436 | +€5,172 | +13.5% |
| Profit (loss) for the period | 9904 | €92,382 | €118,976 | +€26,594 | +28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €92,382 | €118,976 | +€26,594 | +28.8% |
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 16 October 2026 via checked.be.