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Apotheek Pharmalies: what changed

What changed

Apotheek Pharmalies

BE 0899.741.415
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Financial years compared with
Net result for the year
€16,236
2024 · €27,494-€11,258
Equity
€285,259
2024 · €269,023+€16,236
Cash
€224,338
2024 · €238,876-€14,538
Balance sheet total
€449,305
2024 · €431,080+€18,225

Largest movements

2024 to 2025
Assets
  • Current investments +€49,994

    up €49,994 (+565%), from €8,844 to €58,839

  • Stocks and contracts -€20,918

    down €20,918 (-20.9%), from €100,175 to €79,256

  • Cash -€14,538

    down €14,538 (-6.1%), from €238,876 to €224,338

    mainly Current investments (-€49,994) and Trade debts (-€10,821)

  • Receivables within one year +€8,810

    up €8,810 (+24.2%), from €36,412 to €45,221

    of which Other amounts receivable: +€7,383

  • Tangible fixed assets -€4,721

    down €4,721 (-10.4%), from €45,537 to €40,816

    of which Furniture and vehicles: -€5,944

Equity and liabilities
  • Reserves +€16,236

    up €16,236 (+6.5%), from €250,423 to €266,659

  • Other debts +€15,401

    up €15,401 (+14.3%), from €107,782 to €123,183

  • Trade debts -€10,821

    down €10,821 (-24.9%), from €43,440 to €32,619

Income statement
  • Gross operating margin -€12,352

    down €12,352 (-22.8%), from €54,186 to €41,834

  • Taxes -€4,133

    down €4,133 (-38.3%), from €10,802 to €6,669

  • Other operating charges +€2,894

    up €2,894 (+251%), from €1,153 to €4,047

  • Depreciation +€968

    up €968 (+16.3%), from €5,947 to €6,916

  • Financial charges -€804

    down €804 (-9.2%), from €8,789 to €7,984

Change in the result, 2024 to 2025

effect on the result

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 €27,494
Gross operating margin -€12,352
Depreciation -€968
Other operating charges -€2,894
Financial income +€19
Financial charges +€804
Taxes +€4,133
Result 2025 €16,236
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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 +€37,652
Investment -€52,189
Financing €0
Cash 2024 €238,876
Net result for the year +€16,236
Depreciation +€6,916
Stocks and contracts +€20,918
Receivables within one year -€8,810
Deferred charges and accrued income +€403
Trade debts -€10,821
Tax, wage and social debts -€2,241
Other debts +€15,401
Accrued charges and deferred income -€350
Investment in fixed assets (net) -€2,195
Current investments -€49,994
Cash 2025 €224,338
brings cash intakes cash out
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €431,080 €449,305 +€18,225 +4.2%
Fixed assets 21/28 €45,572 €40,851 -€4,721 -10.4%
Tangible fixed assets 22/27 €45,537 €40,816 -€4,721 -10.4%
Land and buildings 22 €2,990 €2,167 -€823 -27.5%
Plant, machinery and equipment 23 - €2,047 +€2,047
Furniture and vehicles 24 €42,546 €36,602 -€5,944 -14.0%
Financial fixed assets 28 €35 €35 = 0.0%
Current assets 29/58 €385,509 €408,454 +€22,945 +6.0%
Stocks and contracts in progress 3 €100,175 €79,256 -€20,918 -20.9%
Stocks 30/36 €100,175 €79,256 -€20,918 -20.9%
Amounts receivable within one year 40/41 €36,412 €45,221 +€8,810 +24.2%
Trade receivables 40 €27,769 €29,195 +€1,427 +5.1%
Other amounts receivable 41 €8,643 €16,026 +€7,383 +85.4%
Current investments 50/53 €8,844 €58,839 +€49,994 +565%
Cash at bank and in hand 54/58 €238,876 €224,338 -€14,538 -6.1%
Deferred charges and accrued income 490/1 €1,202 €799 -€403 -33.5%
Total equity and liabilities 10/49 €431,080 €449,305 +€18,225 +4.2%
Equity 10/15 €269,023 €285,259 +€16,236 +6.0%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €250,423 €266,659 +€16,236 +6.5%
Distributable reserves 133 €250,423 €266,659 +€16,236 +6.5%
Amounts payable 17/49 €162,058 €164,046 +€1,988 +1.2%
Amounts payable within one year 42/48 €156,248 €158,586 +€2,339 +1.5%
Trade debts 44 €43,440 €32,619 -€10,821 -24.9%
Suppliers 440/4 €43,440 €32,619 -€10,821 -24.9%
Taxes, remuneration and social security 45 €5,025 €2,784 -€2,241 -44.6%
Taxes 450/3 €2,694 €2,784 +€90 +3.3%
Remuneration and social security 454/9 €2,331 - -€2,331
Other amounts payable 47/48 €107,782 €123,183 +€15,401 +14.3%
Accrued charges and deferred income 492/3 €5,810 €5,460 -€350 -6.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,947 €6,916 +€968 +16.3%
Other operating charges 640/8 €1,153 €4,047 +€2,894 +251%
Gross operating margin 9900 €54,186 €41,834 -€12,352 -22.8%
Operating profit (loss) 9901 €47,086 €30,871 -€16,214 -34.4%
Financial income 75/76B - €19 +€19
Recurring financial income 75 - €19 +€19
Financial charges 65/66B €8,789 €7,984 -€804 -9.2%
Recurring financial charges 65 €8,789 €7,984 -€804 -9.2%
Profit (loss) for the period before taxes 9903 €38,297 €22,906 -€15,391 -40.2%
Income taxes 67/77 €10,802 €6,669 -€4,133 -38.3%
Profit (loss) for the period 9904 €27,494 €16,236 -€11,258 -40.9%
Profit (loss) for the period to be appropriated 9905 €27,494 €16,236 -€11,258 -40.9%
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 8 November 2026 via checked.be.