Apotheek Van Assche: 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 Van Assche
Largest movements
- Cash -€131,893
down €131,893 (-52.2%), from €252,582 to €120,688
mainly Investment in fixed assets (net) (-€153,305) and Receivables within one year (-€72,066)
- Tangible fixed assets +€100,899
up €100,899 (+12.5%), from €807,840 to €908,738
of which Plant, machinery and equipment: +€144,692
- Receivables within one year +€72,066
up €72,066 (+46.6%), from €154,787 to €226,853
of which Trade receivables: +€39,351
- Debts after one year +€121,069
up €121,069 (+19.1%), from €634,246 to €755,314
- Other debts -€38,999
down €38,999 (-54.1%), from €72,105 to €33,106
- Tax, wage and social debts -€19,769
down €19,769 (-54.2%), from €36,505 to €16,736
- Reserves +€17,529
up €17,529 (+2.9%), from €595,388 to €612,917
of which Distributable reserves: +€17,529
- Trade debts -€17,268
down €17,268 (-20.3%), from €84,991 to €67,723
- Gross operating margin +€44,061
up €44,061 (+14.3%), from €309,026 to €353,087
- Financial charges +€17,756
up €17,756 (+148%), from €11,970 to €29,726
- Depreciation +€12,049
up €12,049 (+29.9%), from €40,357 to €52,406
- Staff costs +€6,551
up €6,551 (+2.7%), from €239,220 to €245,771
- Taxes -€6,145
down €6,145 (-62.8%), from €9,782 to €3,637
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 | €1,470,428 | €1,533,693 | +€63,264 | +4.3% |
| Fixed assets | 21/28 | €807,840 | €908,738 | +€100,899 | +12.5% |
| Tangible fixed assets | 22/27 | €807,840 | €908,738 | +€100,899 | +12.5% |
| Land and buildings | 22 | €793,949 | €750,156 | -€43,793 | -5.5% |
| Plant, machinery and equipment | 23 | €13,890 | €158,582 | +€144,692 | +1,042% |
| Current assets | 29/58 | €662,589 | €624,954 | -€37,634 | -5.7% |
| Stocks and contracts in progress | 3 | €234,672 | €249,478 | +€14,807 | +6.3% |
| Stocks | 30/36 | €234,672 | €249,478 | +€14,807 | +6.3% |
| Amounts receivable within one year | 40/41 | €154,787 | €226,853 | +€72,066 | +46.6% |
| Trade receivables | 40 | €130,408 | €169,758 | +€39,351 | +30.2% |
| Other amounts receivable | 41 | €24,379 | €57,095 | +€32,716 | +134% |
| Cash at bank and in hand | 54/58 | €252,582 | €120,688 | -€131,893 | -52.2% |
| Deferred charges and accrued income | 490/1 | €20,548 | €27,934 | +€7,386 | +35.9% |
| Total equity and liabilities | 10/49 | €1,470,428 | €1,533,693 | +€63,264 | +4.3% |
| Equity | 10/15 | €613,938 | €631,467 | +€17,529 | +2.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €595,388 | €612,917 | +€17,529 | +2.9% |
| Tax-exempt reserves | 132 | €39 | €39 | = | 0.0% |
| Distributable reserves | 133 | €595,349 | €612,878 | +€17,529 | +2.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €856,491 | €902,226 | +€45,735 | +5.3% |
| Amounts payable after more than one year | 17 | €634,246 | €755,314 | +€121,069 | +19.1% |
| Financial debts | 170/4 | €634,246 | €755,314 | +€121,069 | +19.1% |
| Amounts payable within one year | 42/48 | €222,245 | €146,911 | -€75,334 | -33.9% |
| Current portion of amounts payable after more than one year | 42 | €28,644 | €29,346 | +€702 | +2.5% |
| Trade debts | 44 | €84,991 | €67,723 | -€17,268 | -20.3% |
| Suppliers | 440/4 | €84,991 | €67,723 | -€17,268 | -20.3% |
| Taxes, remuneration and social security | 45 | €36,505 | €16,736 | -€19,769 | -54.2% |
| Remuneration and social security | 454/9 | €36,505 | €16,736 | -€19,769 | -54.2% |
| Other amounts payable | 47/48 | €72,105 | €33,106 | -€38,999 | -54.1% |
| Remuneration, social security and pensions | 62 | €239,220 | €245,771 | +€6,551 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,357 | €52,406 | +€12,049 | +29.9% |
| Other operating charges | 640/8 | €5,257 | €4,017 | -€1,240 | -23.6% |
| Gross operating margin | 9900 | €309,026 | €353,087 | +€44,061 | +14.3% |
| Operating profit (loss) | 9901 | €24,191 | €50,892 | +€26,701 | +110% |
| Financial charges | 65/66B | €11,970 | €29,726 | +€17,756 | +148% |
| Recurring financial charges | 65 | €11,970 | €29,726 | +€17,756 | +148% |
| Profit (loss) for the period before taxes | 9903 | €12,221 | €21,166 | +€8,945 | +73.2% |
| Income taxes | 67/77 | €9,782 | €3,637 | -€6,145 | -62.8% |
| Profit (loss) for the period | 9904 | €2,439 | €17,529 | +€15,090 | +619% |
| Profit (loss) for the period to be appropriated | 9905 | €2,439 | €17,529 | +€15,090 | +619% |
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 30 October 2026 via checked.be.