APOTHEEK PHILIPS: 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 PHILIPS
Largest movements
- Receivables within one year -€99,918
down €99,918 (-24.0%), from €416,922 to €317,003
of which Trade receivables: -€89,994
- Stocks and contracts +€67,572
up €67,572 (+15.6%), from €434,235 to €501,806
- Tangible fixed assets -€58,458
down €58,458 (-6.1%), from €958,777 to €900,320
- Deferred charges and accrued income -€56,733
down €56,733 (-75.9%), from €74,710 to €17,977
- Cash +€30,429
up €30,429 (+164%), from €18,563 to €48,993
mainly Depreciation (+€106,413) and Receivables within one year (+€99,918)
- Trade debts -€137,700
down €137,700 (-37.6%), from €366,008 to €228,309
- Debts after one year -€105,166
down €105,166 (-17.4%), from €604,158 to €498,992
- Tax, wage and social debts +€57,611
up €57,611 (+93.0%), from €61,917 to €119,528
of which Remuneration and social security: +€55,294
- Other debts +€38,361
up €38,361 (+5.2%), from €732,178 to €770,539
- Profit (loss) carried forward +€23,622
up €23,622 (+66.5%), from -€35,543 to -€11,921
- Gross operating margin -€64,703
down €64,703 (-7.7%), from €841,784 to €777,081
- Depreciation -€40,129
down €40,129 (-27.4%), from €146,542 to €106,413
- Staff costs +€17,812
up €17,812 (+3.0%), from €587,264 to €605,076
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 | €1,904,010 | €1,786,902 | -€117,108 | -6.2% |
| Fixed assets | 21/28 | €959,581 | €901,123 | -€58,458 | -6.1% |
| Tangible fixed assets | 22/27 | €958,777 | €900,320 | -€58,458 | -6.1% |
| Land and buildings | 22 | €10,319 | €8,948 | -€1,372 | -13.3% |
| Plant, machinery and equipment | 23 | €98,291 | €87,447 | -€10,844 | -11.0% |
| Furniture and vehicles | 24 | €43,630 | €33,994 | -€9,637 | -22.1% |
| Leasing and similar rights | 25 | €85,722 | €74,337 | -€11,385 | -13.3% |
| Other tangible fixed assets | 26 | €720,814 | €695,594 | -€25,220 | -3.5% |
| Financial fixed assets | 28 | €803 | €803 | = | 0.0% |
| Current assets | 29/58 | €944,430 | €885,780 | -€58,650 | -6.2% |
| Stocks and contracts in progress | 3 | €434,235 | €501,806 | +€67,572 | +15.6% |
| Stocks | 30/36 | €434,235 | €501,806 | +€67,572 | +15.6% |
| Amounts receivable within one year | 40/41 | €416,922 | €317,003 | -€99,918 | -24.0% |
| Trade receivables | 40 | €379,414 | €289,419 | -€89,994 | -23.7% |
| Other amounts receivable | 41 | €37,508 | €27,584 | -€9,924 | -26.5% |
| Cash at bank and in hand | 54/58 | €18,563 | €48,993 | +€30,429 | +164% |
| Deferred charges and accrued income | 490/1 | €74,710 | €17,977 | -€56,733 | -75.9% |
| Total equity and liabilities | 10/49 | €1,904,010 | €1,786,902 | -€117,108 | -6.2% |
| Equity | 10/15 | €33,173 | €56,795 | +€23,622 | +71.2% |
| Contributions | 10/11 | €62,469 | €62,469 | = | 0.0% |
| Capital | 10 | €62,469 | €62,469 | = | 0.0% |
| Issued capital | 100 | €62,469 | €62,469 | = | 0.0% |
| Reserves | 13 | €6,247 | €6,247 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,247 | €6,247 | = | 0.0% |
| Legal reserve | 130 | €6,247 | €6,247 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,543 | -€11,921 | +€23,622 | +66.5% |
| Amounts payable | 17/49 | €1,870,837 | €1,730,108 | -€140,729 | -7.5% |
| Amounts payable after more than one year | 17 | €604,158 | €498,992 | -€105,166 | -17.4% |
| Financial debts | 170/4 | €604,158 | €498,992 | -€105,166 | -17.4% |
| Amounts payable within one year | 42/48 | €1,266,573 | €1,227,826 | -€38,746 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €106,470 | €109,451 | +€2,981 | +2.8% |
| Trade debts | 44 | €366,008 | €228,309 | -€137,700 | -37.6% |
| Suppliers | 440/4 | €366,008 | €228,309 | -€137,700 | -37.6% |
| Taxes, remuneration and social security | 45 | €61,917 | €119,528 | +€57,611 | +93.0% |
| Taxes | 450/3 | €464 | €2,781 | +€2,317 | +500% |
| Remuneration and social security | 454/9 | €61,453 | €116,747 | +€55,294 | +90.0% |
| Other amounts payable | 47/48 | €732,178 | €770,539 | +€38,361 | +5.2% |
| Accrued charges and deferred income | 492/3 | €106 | €3,289 | +€3,183 | +2,990% |
| Non-recurring operating income | 76A | €3,891 | - | -€3,891 | |
| Remuneration, social security and pensions | 62 | €587,264 | €605,076 | +€17,812 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,542 | €106,413 | -€40,129 | -27.4% |
| Other operating charges | 640/8 | €4,636 | €4,426 | -€210 | -4.5% |
| Gross operating margin | 9900 | €841,784 | €777,081 | -€64,703 | -7.7% |
| Operating profit (loss) | 9901 | €103,343 | €61,167 | -€42,176 | -40.8% |
| Financial income | 75/76B | €3,587 | €865 | -€2,723 | -75.9% |
| Recurring financial income | 75 | €1,547 | €865 | -€683 | -44.1% |
| Non-recurring financial income | 76B | €2,040 | - | -€2,040 | |
| Financial charges | 65/66B | €39,385 | €37,081 | -€2,305 | -5.9% |
| Recurring financial charges | 65 | €39,385 | €37,081 | -€2,305 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €67,545 | €24,951 | -€42,594 | -63.1% |
| Income taxes | 67/77 | €923 | €1,329 | +€406 | +44.0% |
| Profit (loss) for the period | 9904 | €66,622 | €23,622 | -€43,000 | -64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €66,622 | €23,622 | -€43,000 | -64.5% |
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 17 October 2026 via checked.be.