APOTHEEK RABOT: 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 RABOT
Largest movements
- Receivables within one year +€76,002
up €76,002 (+66.4%), from €114,376 to €190,378
of which Other amounts receivable: +€50,456
- Intangible fixed assets -€63,167
down €63,167 (-92.7%), from €68,167 to €5,000
- Cash -€19,119
down €19,119 (-65.0%), from €29,407 to €10,288
mainly Other debts (-€282,558) and Receivables within one year (-€76,002)
- Stocks and contracts +€12,183
up €12,183 (+5.9%), from €207,155 to €219,338
- Tangible fixed assets -€10,084
down €10,084 (-22.2%), from €45,451 to €35,367
of which Furniture and vehicles: -€8,258
- Other debts -€282,558
down €282,558 (-80.7%), from €350,058 to €67,500
- Short-term financial debts +€274,967
new in 2025: €274,967
of which Other loans: +€263,616
- Trade debts +€20,682
up €20,682 (+76.5%), from €27,046 to €47,728
- Debts after one year -€11,351
down €11,351 (-28.9%), from €39,338 to €27,987
- Current portion of long-term debt -€10,962
no longer reported in 2025 (was €10,962)
- Gross operating margin +€62,216
up €62,216 (+28.1%), from €221,043 to €283,258
- Staff costs +€16,747
up €16,747 (+14.0%), from €119,730 to €136,477
- Financial income -€14,614
down €14,614 (-77.6%), from €18,832 to €4,218
of which Financial income: -€12,564
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 | €470,149 | €467,914 | -€2,235 | -0.5% |
| Fixed assets | 21/28 | €116,439 | €43,189 | -€73,251 | -62.9% |
| Intangible fixed assets | 21 | €68,167 | €5,000 | -€63,167 | -92.7% |
| Tangible fixed assets | 22/27 | €45,451 | €35,367 | -€10,084 | -22.2% |
| Plant, machinery and equipment | 23 | €27,524 | €25,698 | -€1,826 | -6.6% |
| Furniture and vehicles | 24 | €17,927 | €9,670 | -€8,258 | -46.1% |
| Financial fixed assets | 28 | €2,821 | €2,821 | = | 0.0% |
| Current assets | 29/58 | €353,710 | €424,725 | +€71,015 | +20.1% |
| Stocks and contracts in progress | 3 | €207,155 | €219,338 | +€12,183 | +5.9% |
| Stocks | 30/36 | €207,155 | €219,338 | +€12,183 | +5.9% |
| Amounts receivable within one year | 40/41 | €114,376 | €190,378 | +€76,002 | +66.4% |
| Trade receivables | 40 | €52,804 | €78,350 | +€25,545 | +48.4% |
| Other amounts receivable | 41 | €61,572 | €112,028 | +€50,456 | +81.9% |
| Cash at bank and in hand | 54/58 | €29,407 | €10,288 | -€19,119 | -65.0% |
| Deferred charges and accrued income | 490/1 | €2,772 | €4,722 | +€1,949 | +70.3% |
| Total equity and liabilities | 10/49 | €470,149 | €467,914 | -€2,235 | -0.5% |
| Equity | 10/15 | €32,755 | €33,328 | +€573 | +1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,155 | €14,728 | +€573 | +4.1% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €12,295 | €14,728 | +€2,433 | +19.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €437,395 | €434,586 | -€2,809 | -0.6% |
| Amounts payable after more than one year | 17 | €39,338 | €27,987 | -€11,351 | -28.9% |
| Financial debts | 170/4 | €39,338 | €27,987 | -€11,351 | -28.9% |
| Amounts payable within one year | 42/48 | €398,057 | €403,617 | +€5,561 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €10,962 | - | -€10,962 | |
| Financial debts | 43 | - | €274,967 | +€274,967 | |
| Credit institutions | 430/8 | - | €11,351 | +€11,351 | |
| Other loans | 439 | - | €263,616 | +€263,616 | |
| Trade debts | 44 | €27,046 | €47,728 | +€20,682 | +76.5% |
| Suppliers | 440/4 | €27,046 | €47,728 | +€20,682 | +76.5% |
| Taxes, remuneration and social security | 45 | €9,991 | €13,422 | +€3,431 | +34.3% |
| Taxes | 450/3 | - | €1,667 | +€1,667 | |
| Remuneration and social security | 454/9 | €9,991 | €11,755 | +€1,764 | +17.7% |
| Other amounts payable | 47/48 | €350,058 | €67,500 | -€282,558 | -80.7% |
| Accrued charges and deferred income | 492/3 | - | €2,982 | +€2,982 | |
| Remuneration, social security and pensions | 62 | €119,730 | €136,477 | +€16,747 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,248 | €75,781 | +€534 | +0.7% |
| Other operating charges | 640/8 | €1,641 | €1,300 | -€340 | -20.7% |
| Non-recurring operating charges | 66A | €2,050 | - | -€2,050 | |
| Gross operating margin | 9900 | €221,043 | €283,258 | +€62,216 | +28.1% |
| Operating profit (loss) | 9901 | €22,375 | €69,699 | +€47,325 | +212% |
| Financial income | 75/76B | €18,832 | €4,218 | -€14,614 | -77.6% |
| Recurring financial income | 75 | €16,782 | €4,218 | -€12,564 | -74.9% |
| Non-recurring financial income | 76B | €2,050 | €0 | -€2,050 | -100% |
| Financial charges | 65/66B | €2,033 | €4,123 | +€2,091 | +103% |
| Recurring financial charges | 65 | €1,942 | €1,833 | -€109 | -5.6% |
| Non-recurring financial charges | 66B | €91 | €2,290 | +€2,199 | +2,408% |
| Profit (loss) for the period before taxes | 9903 | €39,174 | €69,793 | +€30,620 | +78.2% |
| Income taxes | 67/77 | €1,282 | €1,720 | +€438 | +34.2% |
| Profit (loss) for the period | 9904 | €37,892 | €68,073 | +€30,182 | +79.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,892 | €68,073 | +€30,182 | +79.7% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.