APOTHEEK TAKOFARMA: 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.
What changed
APOTHEEK TAKOFARMA
NACE 47.730, Retail sale of pharmaceutical products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€77,312
2024 · €90,677-€13,365
Equity
€695,297
2024 · €677,986+€17,312
Cash
€206,772
2024 · €148,878+€57,894
Balance sheet total
€1.2m
2024 · €1.2m+€3,047
Largest movements
Assets
- Cash +€57,894
up €57,894 (+38.9%), from €148,878 to €206,772
mainly Net result for the year (+€77,312) and Depreciation (+€57,165)
- Tangible fixed assets -€45,057
down €45,057 (-8.3%), from €544,254 to €499,197
of which Other tangible fixed assets: -€39,701
Equity and liabilities
- Debts after one year -€27,801
down €27,801 (-11.6%), from €240,602 to €212,801
- Trade debts +€21,267
up €21,267 (+20.1%), from €105,830 to €127,097
- Reserves +€17,312
up €17,312 (+2.6%), from €657,986 to €675,297
Income statement
- Staff costs +€12,750
up €12,750 (+8.0%), from €159,962 to €172,711
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.
Result 2024
€90,677
Gross operating margin
-€1,339
Staff costs
-€12,750
Depreciation
-€1,761
Other operating charges
-€611
Other operating items
+€2,366
Financial income
-€523
Financial charges
+€621
Taxes
+€631
Result 2025
€77,312
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€155,700
Investment
-€10,879
Financing
-€86,927
Cash 2024
€148,878
From operations (derived)
+€155,700
Net result for the year
+€77,312
Depreciation
+€57,165
Stocks and contracts
+€371
Receivables within one year
-€174
Deferred charges and accrued income
+€8,363
Trade debts
+€21,267
Tax, wage and social debts
+€2,878
Other debts
-€10,900
Accrued charges and deferred income
-€583
Investment (derived)
-€10,879
Investment in fixed assets (net)
-€10,879
Financing
-€86,927
Debts after one year
-€27,801
Current portion of long-term debt
+€874
Contributions, distributions and other
-€60,000
Cash 2025
€206,772
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,160,596 | €1,163,642 | +€3,047 | +0.3% |
| Fixed assets | 21/28 | €546,549 | €500,262 | -€46,287 | -8.5% |
| Intangible fixed assets | 21 | €2,295 | €1,065 | -€1,230 | -53.6% |
| Tangible fixed assets | 22/27 | €544,254 | €499,197 | -€45,057 | -8.3% |
| Land and buildings | 22 | €145,500 | €145,500 | = | 0.0% |
| Plant, machinery and equipment | 23 | €22,575 | €17,219 | -€5,356 | -23.7% |
| Other tangible fixed assets | 26 | €376,179 | €336,479 | -€39,701 | -10.6% |
| Current assets | 29/58 | €614,047 | €663,380 | +€49,333 | +8.0% |
| Stocks and contracts in progress | 3 | €299,112 | €298,741 | -€371 | -0.1% |
| Stocks | 30/36 | €299,112 | €298,741 | -€371 | -0.1% |
| Amounts receivable within one year | 40/41 | €134,474 | €134,648 | +€174 | +0.1% |
| Trade receivables | 40 | €115,558 | €134,053 | +€18,495 | +16.0% |
| Other amounts receivable | 41 | €18,917 | €595 | -€18,322 | -96.9% |
| Cash at bank and in hand | 54/58 | €148,878 | €206,772 | +€57,894 | +38.9% |
| Deferred charges and accrued income | 490/1 | €31,583 | €23,220 | -€8,363 | -26.5% |
| Total equity and liabilities | 10/49 | €1,160,596 | €1,163,642 | +€3,047 | +0.3% |
| Equity | 10/15 | €677,986 | €695,297 | +€17,312 | +2.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €657,986 | €675,297 | +€17,312 | +2.6% |
| Distributable reserves | 133 | €657,986 | €675,297 | +€17,312 | +2.6% |
| Amounts payable | 17/49 | €482,610 | €468,345 | -€14,265 | -3.0% |
| Amounts payable after more than one year | 17 | €240,602 | €212,801 | -€27,801 | -11.6% |
| Financial debts | 170/4 | €240,602 | €212,801 | -€27,801 | -11.6% |
| Amounts payable within one year | 42/48 | €238,940 | €253,060 | +€14,120 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €26,927 | €27,801 | +€874 | +3.2% |
| Trade debts | 44 | €105,830 | €127,097 | +€21,267 | +20.1% |
| Suppliers | 440/4 | €105,830 | €127,097 | +€21,267 | +20.1% |
| Taxes, remuneration and social security | 45 | €35,284 | €38,162 | +€2,878 | +8.2% |
| Taxes | 450/3 | €4,987 | €4,795 | -€192 | -3.9% |
| Remuneration and social security | 454/9 | €30,297 | €33,367 | +€3,070 | +10.1% |
| Other amounts payable | 47/48 | €70,900 | €60,000 | -€10,900 | -15.4% |
| Accrued charges and deferred income | 492/3 | €3,068 | €2,484 | -€583 | -19.0% |
| Remuneration, social security and pensions | 62 | €159,962 | €172,711 | +€12,750 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,404 | €57,165 | +€1,761 | +3.2% |
| Other operating charges | 640/8 | €387 | €998 | +€611 | +158% |
| Non-recurring operating charges | 66A | €2,366 | - | -€2,366 | |
| Gross operating margin | 9900 | €327,333 | €325,995 | -€1,339 | -0.4% |
| Operating profit (loss) | 9901 | €109,214 | €95,120 | -€14,095 | -12.9% |
| Financial income | 75/76B | €2,188 | €1,665 | -€523 | -23.9% |
| Recurring financial income | 75 | €2,188 | €1,665 | -€523 | -23.9% |
| Financial charges | 65/66B | €12,742 | €12,121 | -€621 | -4.9% |
| Recurring financial charges | 65 | €12,742 | €12,121 | -€621 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €98,660 | €84,663 | -€13,996 | -14.2% |
| Income taxes | 67/77 | €7,983 | €7,352 | -€631 | -7.9% |
| Profit (loss) for the period | 9904 | €90,677 | €77,312 | -€13,365 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €90,677 | €77,312 | -€13,365 | -14.7% |
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 29 October 2026 via checked.be.