APOTHEEK STEEVENS: 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 STEEVENS
Largest movements
- Receivables within one year +€45,231
up €45,231 (+42.4%), from €106,708 to €151,938
of which Trade receivables: +€43,154
- Tangible fixed assets -€25,530
down €25,530 (-6.6%), from €389,597 to €364,067
of which Land and buildings: -€19,544
- Cash +€16,560
up €16,560 (+19.5%), from €84,753 to €101,313
mainly Other debts (+€76,219) and Net result for the year (+€45,805)
- Stocks and contracts -€11,280
down €11,280 (-4.6%), from €244,667 to €233,387
- Other debts +€76,219
up €76,219 (+64.4%), from €118,323 to €194,543
- Debts after one year -€45,090
down €45,090 (-13.4%), from €337,454 to €292,364
- Reserves -€20,861
down €20,861 (-12.6%), from €166,152 to €145,291
- Trade debts +€19,963
up €19,963 (+25.2%), from €79,365 to €99,327
- Gross operating margin -€29,642
down €29,642 (-17.2%), from €172,200 to €142,558
- Depreciation -€16,467
down €16,467 (-38.3%), from €43,030 to €26,562
- Financial charges -€15,069
down €15,069 (-38.8%), from €38,882 to €23,813
- Staff costs -€7,801
down €7,801 (-26.3%), from €29,682 to €21,880
- Taxes +€3,238
up €3,238 (+20.5%), from €15,764 to €19,001
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 | €828,468 | €853,145 | +€24,678 | +3.0% |
| Fixed assets | 21/28 | €389,598 | €364,068 | -€25,530 | -6.6% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €389,597 | €364,067 | -€25,530 | -6.6% |
| Land and buildings | 22 | €372,714 | €353,170 | -€19,544 | -5.2% |
| Plant, machinery and equipment | 23 | €16,351 | €10,897 | -€5,454 | -33.4% |
| Furniture and vehicles | 24 | €532 | - | -€532 | |
| Current assets | 29/58 | €438,870 | €489,078 | +€50,208 | +11.4% |
| Stocks and contracts in progress | 3 | €244,667 | €233,387 | -€11,280 | -4.6% |
| Stocks | 30/36 | €244,667 | €233,387 | -€11,280 | -4.6% |
| Amounts receivable within one year | 40/41 | €106,708 | €151,938 | +€45,231 | +42.4% |
| Trade receivables | 40 | €97,769 | €140,923 | +€43,154 | +44.1% |
| Other amounts receivable | 41 | €8,938 | €11,015 | +€2,077 | +23.2% |
| Cash at bank and in hand | 54/58 | €84,753 | €101,313 | +€16,560 | +19.5% |
| Deferred charges and accrued income | 490/1 | €2,742 | €2,439 | -€303 | -11.1% |
| Total equity and liabilities | 10/49 | €828,468 | €853,145 | +€24,678 | +3.0% |
| Equity | 10/15 | €226,152 | €205,291 | -€20,861 | -9.2% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €166,152 | €145,291 | -€20,861 | -12.6% |
| Distributable reserves | 133 | €166,152 | €145,291 | -€20,861 | -12.6% |
| Amounts payable | 17/49 | €602,315 | €647,854 | +€45,539 | +7.6% |
| Amounts payable after more than one year | 17 | €337,454 | €292,364 | -€45,090 | -13.4% |
| Financial debts | 170/4 | €337,454 | €292,364 | -€45,090 | -13.4% |
| Amounts payable within one year | 42/48 | €248,551 | €341,796 | +€93,245 | +37.5% |
| Current portion of amounts payable after more than one year | 42 | €42,870 | €44,767 | +€1,897 | +4.4% |
| Trade debts | 44 | €79,365 | €99,327 | +€19,963 | +25.2% |
| Suppliers | 440/4 | €79,365 | €99,327 | +€19,963 | +25.2% |
| Taxes, remuneration and social security | 45 | €7,993 | €3,159 | -€4,834 | -60.5% |
| Taxes | 450/3 | €4,470 | €1,588 | -€2,882 | -64.5% |
| Remuneration and social security | 454/9 | €3,523 | €1,571 | -€1,951 | -55.4% |
| Other amounts payable | 47/48 | €118,323 | €194,543 | +€76,219 | +64.4% |
| Accrued charges and deferred income | 492/3 | €16,310 | €13,693 | -€2,617 | -16.0% |
| Remuneration, social security and pensions | 62 | €29,682 | €21,880 | -€7,801 | -26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,030 | €26,562 | -€16,467 | -38.3% |
| Other operating charges | 640/8 | €8,931 | €7,081 | -€1,850 | -20.7% |
| Gross operating margin | 9900 | €172,200 | €142,558 | -€29,642 | -17.2% |
| Operating profit (loss) | 9901 | €90,558 | €87,035 | -€3,523 | -3.9% |
| Financial income | 75/76B | €2,859 | €1,584 | -€1,275 | -44.6% |
| Recurring financial income | 75 | €2,859 | €1,584 | -€1,275 | -44.6% |
| Financial charges | 65/66B | €38,882 | €23,813 | -€15,069 | -38.8% |
| Recurring financial charges | 65 | €38,882 | €23,813 | -€15,069 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €54,535 | €64,806 | +€10,271 | +18.8% |
| Income taxes | 67/77 | €15,764 | €19,001 | +€3,238 | +20.5% |
| Profit (loss) for the period | 9904 | €38,772 | €45,805 | +€7,033 | +18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,772 | €45,805 | +€7,033 | +18.1% |
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.