Apotheek Sofie Verhaeghe: 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 Sofie Verhaeghe
Largest movements
- Cash +€21,740
up €21,740 (+29.8%), from €72,874 to €94,614
mainly Net result for the year (+€104,571) and Other debts (+€33,941)
- Receivables within one year +€17,229
up €17,229 (+24.1%), from €71,442 to €88,671
of which Trade receivables: +€21,303
- Tangible fixed assets -€9,445
down €9,445 (-11.6%), from €81,743 to €72,298
of which Furniture and vehicles: -€12,329
- Stocks and contracts +€7,185
up €7,185 (+3.0%), from €241,945 to €249,130
- Other debts +€33,941
up €33,941 (+21.8%), from €155,776 to €189,717
- Trade debts -€12,994
down €12,994 (-26.2%), from €49,531 to €36,537
- Tax, wage and social debts +€10,011
up €10,011 (+108%), from €9,231 to €19,243
of which Remuneration and social security: +€7,280
- Depreciation -€30,426
down €30,426 (-62.5%), from €48,701 to €18,275
- Staff costs +€9,904
up €9,904 (+16.5%), from €60,143 to €70,046
- Gross operating margin -€2,942
down €2,942 (-1.4%), from €217,751 to €214,808
- Financial charges +€2,210
up €2,210 (+10.7%), from €20,646 to €22,856
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 | €489,433 | €524,962 | +€35,529 | +7.3% |
| Fixed assets | 21/28 | €81,743 | €72,298 | -€9,445 | -11.6% |
| Tangible fixed assets | 22/27 | €81,743 | €72,298 | -€9,445 | -11.6% |
| Plant, machinery and equipment | 23 | €42,173 | €45,057 | +€2,884 | +6.8% |
| Furniture and vehicles | 24 | €39,569 | €27,241 | -€12,329 | -31.2% |
| Current assets | 29/58 | €407,690 | €452,664 | +€44,974 | +11.0% |
| Amounts receivable after more than one year | 29 | €15,000 | €13,500 | -€1,500 | -10.0% |
| Other amounts receivable | 291 | €15,000 | €13,500 | -€1,500 | -10.0% |
| Stocks and contracts in progress | 3 | €241,945 | €249,130 | +€7,185 | +3.0% |
| Stocks | 30/36 | €241,945 | €249,130 | +€7,185 | +3.0% |
| Amounts receivable within one year | 40/41 | €71,442 | €88,671 | +€17,229 | +24.1% |
| Trade receivables | 40 | €65,296 | €86,599 | +€21,303 | +32.6% |
| Other amounts receivable | 41 | €6,146 | €2,073 | -€4,073 | -66.3% |
| Current investments | 50/53 | €2,500 | €2,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €72,874 | €94,614 | +€21,740 | +29.8% |
| Deferred charges and accrued income | 490/1 | €3,929 | €4,249 | +€320 | +8.1% |
| Total equity and liabilities | 10/49 | €489,433 | €524,962 | +€35,529 | +7.3% |
| Equity | 10/15 | €274,894 | €279,465 | +€4,571 | +1.7% |
| Contributions | 10/11 | €221,451 | €221,451 | = | 0.0% |
| Reserves | 13 | €53,443 | €58,014 | +€4,571 | +8.6% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €43,443 | €48,014 | +€4,571 | +10.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €214,539 | €245,497 | +€30,958 | +14.4% |
| Amounts payable within one year | 42/48 | €214,539 | €245,497 | +€30,958 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €49,531 | €36,537 | -€12,994 | -26.2% |
| Suppliers | 440/4 | €49,531 | €36,537 | -€12,994 | -26.2% |
| Taxes, remuneration and social security | 45 | €9,231 | €19,243 | +€10,011 | +108% |
| Taxes | 450/3 | €2,652 | €5,383 | +€2,731 | +103% |
| Remuneration and social security | 454/9 | €6,579 | €13,859 | +€7,280 | +111% |
| Other amounts payable | 47/48 | €155,776 | €189,717 | +€33,941 | +21.8% |
| Remuneration, social security and pensions | 62 | €60,143 | €70,046 | +€9,904 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,701 | €18,275 | -€30,426 | -62.5% |
| Other operating charges | 640/8 | €712 | €742 | +€31 | +4.3% |
| Gross operating margin | 9900 | €217,751 | €214,808 | -€2,942 | -1.4% |
| Operating profit (loss) | 9901 | €108,196 | €125,745 | +€17,550 | +16.2% |
| Financial income | 75/76B | €2,207 | €3,712 | +€1,505 | +68.2% |
| Recurring financial income | 75 | €2,207 | €3,712 | +€1,505 | +68.2% |
| Financial charges | 65/66B | €20,646 | €22,856 | +€2,210 | +10.7% |
| Recurring financial charges | 65 | €20,646 | €22,856 | +€2,210 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €89,757 | €106,601 | +€16,844 | +18.8% |
| Income taxes | 67/77 | €1,611 | €2,030 | +€419 | +26.0% |
| Profit (loss) for the period | 9904 | €88,146 | €104,571 | +€16,425 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €88,146 | €104,571 | +€16,425 | +18.6% |
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 22 October 2026 via checked.be.