APOTHEEK PENEL: 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 PENEL
Largest movements
- Stocks and contracts +€14,596
up €14,596 (+17.1%), from €85,359 to €99,955
- Receivables within one year -€9,602
down €9,602 (-6.1%), from €157,404 to €147,802
of which Other amounts receivable: -€5,263
- Deferred charges and accrued income +€6,451
up €6,451 (+60.2%), from €10,718 to €17,169
- Trade debts +€10,775
up €10,775 (+11.6%), from €93,053 to €103,828
- Other debts -€5,896
down €5,896 (-4.5%), from €130,121 to €124,225
- Profit (loss) carried forward +€5,542
up €5,542 (+2.6%), from -€210,930 to -€205,388
- Debts after one year -€3,827
down €3,827 (-25.9%), from €14,781 to €10,953
- Tax, wage and social debts +€3,354
up €3,354 (+30.5%), from €10,988 to €14,342
of which Remuneration and social security: +€4,523
- Gross operating margin +€4,472
up €4,472 (+7.7%), from €58,333 to €62,805
- Staff costs +€2,715
up €2,715 (+6.4%), from €42,332 to €45,047
- Financial charges +€1,419
up €1,419 (+8.9%), from €15,962 to €17,381
- Financial income +€1,178
up €1,178 (+24.4%), from €4,836 to €6,015
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €264,264 | €277,104 | +€12,839 | +4.9% |
| Fixed assets | 21/28 | €2,811 | €2,097 | -€714 | -25.4% |
| Tangible fixed assets | 22/27 | €2,687 | €1,973 | -€714 | -26.6% |
| Plant, machinery and equipment | 23 | €2,687 | €1,973 | -€714 | -26.6% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €261,454 | €275,007 | +€13,553 | +5.2% |
| Stocks and contracts in progress | 3 | €85,359 | €99,955 | +€14,596 | +17.1% |
| Stocks | 30/36 | €85,359 | €99,955 | +€14,596 | +17.1% |
| Amounts receivable within one year | 40/41 | €157,404 | €147,802 | -€9,602 | -6.1% |
| Trade receivables | 40 | €76,604 | €72,265 | -€4,339 | -5.7% |
| Other amounts receivable | 41 | €80,800 | €75,537 | -€5,263 | -6.5% |
| Cash at bank and in hand | 54/58 | €7,972 | €10,080 | +€2,108 | +26.4% |
| Deferred charges and accrued income | 490/1 | €10,718 | €17,169 | +€6,451 | +60.2% |
| Total equity and liabilities | 10/49 | €264,264 | €277,104 | +€12,839 | +4.9% |
| Equity | 10/15 | €6,643 | €12,185 | +€5,542 | +83.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €155,600 | €155,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €149,402 | €149,402 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€210,930 | -€205,388 | +€5,542 | +2.6% |
| Amounts payable | 17/49 | €257,621 | €264,918 | +€7,297 | +2.8% |
| Amounts payable after more than one year | 17 | €14,781 | €10,953 | -€3,827 | -25.9% |
| Financial debts | 170/4 | €14,781 | €10,953 | -€3,827 | -25.9% |
| Amounts payable within one year | 42/48 | €237,672 | €246,222 | +€8,551 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €3,510 | €3,827 | +€318 | +9.1% |
| Trade debts | 44 | €93,053 | €103,828 | +€10,775 | +11.6% |
| Suppliers | 440/4 | €93,053 | €103,828 | +€10,775 | +11.6% |
| Taxes, remuneration and social security | 45 | €10,988 | €14,342 | +€3,354 | +30.5% |
| Taxes | 450/3 | €1,538 | €369 | -€1,169 | -76.0% |
| Remuneration and social security | 454/9 | €9,450 | €13,973 | +€4,523 | +47.9% |
| Other amounts payable | 47/48 | €130,121 | €124,225 | -€5,896 | -4.5% |
| Accrued charges and deferred income | 492/3 | €5,169 | €7,743 | +€2,574 | +49.8% |
| Remuneration, social security and pensions | 62 | €42,332 | €45,047 | +€2,715 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €714 | €714 | +€0 | 0.0% |
| Other operating charges | 640/8 | €85 | €135 | +€50 | +59.3% |
| Gross operating margin | 9900 | €58,333 | €62,805 | +€4,472 | +7.7% |
| Operating profit (loss) | 9901 | €15,202 | €16,908 | +€1,706 | +11.2% |
| Financial income | 75/76B | €4,836 | €6,015 | +€1,178 | +24.4% |
| Recurring financial income | 75 | €4,836 | €6,015 | +€1,178 | +24.4% |
| Financial charges | 65/66B | €15,962 | €17,381 | +€1,419 | +8.9% |
| Recurring financial charges | 65 | €15,962 | €17,381 | +€1,419 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €4,076 | €5,542 | +€1,466 | +36.0% |
| Profit (loss) for the period | 9904 | €4,076 | €5,542 | +€1,466 | +36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,076 | €5,542 | +€1,466 | +36.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.