Apotheek Rhode: 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 Rhode
Largest movements
- Cash -€20,776
down €20,776 (-13.8%), from €150,952 to €130,176
mainly Other debts (-€100,444) and Debts after one year (-€18,867)
- Tangible fixed assets -€15,532
down €15,532 (-5.8%), from €265,947 to €250,415
of which Land and buildings: -€10,100
- Receivables within one year -€12,448
down €12,448 (-14.3%), from €87,010 to €74,562
of which Trade receivables: -€15,194
- Stocks and contracts +€9,674
up €9,674 (+9.0%), from €107,198 to €116,871
- Other debts -€100,444
down €100,444 (-90.3%), from €111,264 to €10,819
- Reserves +€89,824
up €89,824 (+39.1%), from €229,675 to €319,499
- Debts after one year -€18,867
down €18,867 (-9.6%), from €197,163 to €178,296
- Trade debts -€7,316
down €7,316 (-25.0%), from €29,293 to €21,978
- Gross operating margin +€8,762
up €8,762 (+6.0%), from €144,923 to €153,685
- Depreciation -€1,920
down €1,920 (-7.4%), from €26,015 to €24,095
- Financial charges +€1,545
up €1,545 (+28.7%), from €5,392 to €6,937
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.
Cash bridge derived
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 | €620,508 | €582,026 | -€38,482 | -6.2% |
| Fixed assets | 21/28 | €270,947 | €255,415 | -€15,532 | -5.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €265,947 | €250,415 | -€15,532 | -5.8% |
| Land and buildings | 22 | €178,763 | €168,663 | -€10,100 | -5.6% |
| Plant, machinery and equipment | 23 | €7,846 | €17,737 | +€9,890 | +126.0% |
| Furniture and vehicles | 24 | €6,736 | €1,149 | -€5,587 | -82.9% |
| Leasing and similar rights | 25 | €72,602 | €62,867 | -€9,735 | -13.4% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €349,561 | €326,611 | -€22,950 | -6.6% |
| Stocks and contracts in progress | 3 | €107,198 | €116,871 | +€9,674 | +9.0% |
| Stocks | 30/36 | €107,198 | €116,871 | +€9,674 | +9.0% |
| Amounts receivable within one year | 40/41 | €87,010 | €74,562 | -€12,448 | -14.3% |
| Trade receivables | 40 | €85,946 | €70,752 | -€15,194 | -17.7% |
| Other amounts receivable | 41 | €1,064 | €3,810 | +€2,746 | +258.2% |
| Cash at bank and in hand | 54/58 | €150,952 | €130,176 | -€20,776 | -13.8% |
| Deferred charges and accrued income | 490/1 | €4,401 | €5,002 | +€601 | +13.6% |
| Total equity and liabilities | 10/49 | €620,508 | €582,026 | -€38,482 | -6.2% |
| Equity | 10/15 | €248,275 | €338,099 | +€89,824 | +36.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €229,675 | €319,499 | +€89,824 | +39.1% |
| Distributable reserves | 133 | €229,675 | €319,499 | +€89,824 | +39.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €372,233 | €243,927 | -€128,307 | -34.5% |
| Amounts payable after more than one year | 17 | €197,163 | €178,296 | -€18,867 | -9.6% |
| Financial debts | 170/4 | €197,163 | €178,296 | -€18,867 | -9.6% |
| Amounts payable within one year | 42/48 | €175,071 | €65,631 | -€109,440 | -62.5% |
| Current portion of amounts payable after more than one year | 42 | €18,583 | €18,867 | +€283 | +1.5% |
| Financial debts | 43 | €10 | €13 | +€3 | +30.0% |
| Credit institutions | 430/8 | €10 | €13 | +€3 | +30.0% |
| Trade debts | 44 | €29,293 | €21,978 | -€7,316 | -25.0% |
| Suppliers | 440/4 | €29,293 | €21,978 | -€7,316 | -25.0% |
| Taxes, remuneration and social security | 45 | €15,921 | €13,954 | -€1,966 | -12.4% |
| Taxes | 450/3 | €15,921 | €13,954 | -€1,966 | -12.4% |
| Other amounts payable | 47/48 | €111,264 | €10,819 | -€100,444 | -90.3% |
| Non-recurring operating income | 76A | - | €2,398 | +€2,398 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,015 | €24,095 | -€1,920 | -7.4% |
| Other operating charges | 640/8 | €1,559 | €1,093 | -€465 | -29.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €144,923 | €153,685 | +€8,762 | +6.0% |
| Operating profit (loss) | 9901 | €117,350 | €128,497 | +€11,147 | +9.5% |
| Financial income | 75/76B | €470 | €1,605 | +€1,135 | +241.6% |
| Recurring financial income | 75 | €470 | €1,605 | +€1,135 | +241.6% |
| Financial charges | 65/66B | €5,392 | €6,937 | +€1,545 | +28.7% |
| Recurring financial charges | 65 | €5,392 | €6,937 | +€1,545 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | €112,428 | €123,165 | +€10,737 | +9.6% |
| Income taxes | 67/77 | €32,518 | €33,341 | +€823 | +2.5% |
| Profit (loss) for the period | 9904 | €79,910 | €89,824 | +€9,915 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €79,910 | €89,824 | +€9,915 | +12.4% |
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 11 October 2026 via checked.be.