APOTHEEK SEMPELS: what changed
APOTHEEK SEMPELS
Largest movements
- Cash -€147,611
down €147,611 (-47.7%), from €309,478 to €161,866
mainly Contributions, distributions and other (-€767,748) and Debts after one year (-€77,733)
- Receivables within one year +€77,217
up €77,217 (+51.6%), from €149,529 to €226,746
of which Trade receivables: +€75,037
- Tangible fixed assets -€76,788
down €76,788 (-8.7%), from €887,466 to €810,678
of which Plant, machinery and equipment: -€60,834
- Current investments +€74,638
up €74,638 (+34.3%), from €217,794 to €292,433
- Other debts +€524,624
up €524,624 (+552%), from €94,991 to €619,615
- Reserves -€466,286
down €466,286 (-33.1%), from €1.4m to €943,094
- Debts after one year -€77,733
down €77,733 (-83.6%), from €93,001 to €15,268
- Trade debts -€47,180
down €47,180 (-25.7%), from €183,568 to €136,388
- Current portion of long-term debt -€40,457
down €40,457 (-34.2%), from €118,189 to €77,733
- Gross operating margin +€44,720
up €44,720 (+6.8%), from €660,608 to €705,328
- Taxes +€28,545
up €28,545 (+26.2%), from €108,863 to €137,408
- Staff costs -€26,485
down €26,485 (-14.4%), from €184,202 to €157,717
- Financial charges -€9,831
down €9,831, from €8,718 to -€1,112
- Financial income +€7,463
up €7,463 (+129%), from €5,800 to €13,263
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,954,939 | €1,882,857 | -€72,082 | -3.7% |
| Fixed assets | 21/28 | €892,616 | €815,828 | -€76,788 | -8.6% |
| Tangible fixed assets | 22/27 | €887,466 | €810,678 | -€76,788 | -8.7% |
| Land and buildings | 22 | €195,814 | €195,814 | = | 0.0% |
| Plant, machinery and equipment | 23 | €604,361 | €543,527 | -€60,834 | -10.1% |
| Furniture and vehicles | 24 | €87,291 | €71,337 | -€15,954 | -18.3% |
| Financial fixed assets | 28 | €5,150 | €5,150 | = | 0.0% |
| Current assets | 29/58 | €1,062,322 | €1,067,029 | +€4,706 | +0.4% |
| Stocks and contracts in progress | 3 | €365,288 | €357,680 | -€7,608 | -2.1% |
| Stocks | 30/36 | €365,288 | €357,680 | -€7,608 | -2.1% |
| Amounts receivable within one year | 40/41 | €149,529 | €226,746 | +€77,217 | +51.6% |
| Trade receivables | 40 | €149,458 | €224,495 | +€75,037 | +50.2% |
| Other amounts receivable | 41 | €71 | €2,251 | +€2,179 | +3,059% |
| Current investments | 50/53 | €217,794 | €292,433 | +€74,638 | +34.3% |
| Cash at bank and in hand | 54/58 | €309,478 | €161,866 | -€147,611 | -47.7% |
| Deferred charges and accrued income | 490/1 | €20,233 | €28,303 | +€8,070 | +39.9% |
| Total equity and liabilities | 10/49 | €1,954,939 | €1,882,857 | -€72,082 | -3.7% |
| Equity | 10/15 | €1,429,380 | €963,094 | -€466,286 | -32.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,409,380 | €943,094 | -€466,286 | -33.1% |
| Distributable reserves | 133 | €1,409,380 | €943,094 | -€466,286 | -33.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €525,558 | €919,763 | +€394,204 | +75.0% |
| Amounts payable after more than one year | 17 | €93,001 | €15,268 | -€77,733 | -83.6% |
| Financial debts | 170/4 | €93,001 | €15,268 | -€77,733 | -83.6% |
| Amounts payable within one year | 42/48 | €432,558 | €904,495 | +€471,937 | +109% |
| Current portion of amounts payable after more than one year | 42 | €118,189 | €77,733 | -€40,457 | -34.2% |
| Trade debts | 44 | €183,568 | €136,388 | -€47,180 | -25.7% |
| Suppliers | 440/4 | €183,568 | €136,388 | -€47,180 | -25.7% |
| Taxes, remuneration and social security | 45 | €35,809 | €70,759 | +€34,950 | +97.6% |
| Taxes | 450/3 | €14,487 | €55,666 | +€41,179 | +284% |
| Remuneration and social security | 454/9 | €21,322 | €15,092 | -€6,229 | -29.2% |
| Other amounts payable | 47/48 | €94,991 | €619,615 | +€524,624 | +552% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €184,202 | €157,717 | -€26,485 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,330 | €122,921 | +€3,590 | +3.0% |
| Other operating charges | 640/8 | €479 | €195 | -€284 | -59.3% |
| Gross operating margin | 9900 | €660,608 | €705,328 | +€44,720 | +6.8% |
| Operating profit (loss) | 9901 | €356,596 | €424,495 | +€67,898 | +19.0% |
| Financial income | 75/76B | €5,800 | €13,263 | +€7,463 | +129% |
| Recurring financial income | 75 | €5,800 | €13,263 | +€7,463 | +129% |
| Financial charges | 65/66B | €8,718 | -€1,112 | -€9,831 | |
| Recurring financial charges | 65 | €8,718 | -€1,112 | -€9,831 | |
| Profit (loss) for the period before taxes | 9903 | €353,678 | €438,870 | +€85,192 | +24.1% |
| Income taxes | 67/77 | €108,863 | €137,408 | +€28,545 | +26.2% |
| Profit (loss) for the period | 9904 | €244,815 | €301,462 | +€56,647 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €244,815 | €301,462 | +€56,647 | +23.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.