Apotheek Van Hoey: what changed
What changed
Apotheek Van Hoey
NACE 47.730, Retail sale of pharmaceutical products
filed annual accounts (NBB)
Net result for the year
€90,977
2024 · €99,199-€8,222
Equity
€285,865
2024 · €292,582-€6,717
Cash
€183,157
2024 · €117,053+€66,104
Balance sheet total
€920,708
2024 · €834,485+€86,223
Largest movements
Assets
- Cash +€66,104
up €66,104 (+56.5%), from €117,053 to €183,157
mainly Other debts (+€101,529) and Net result for the year (+€90,977)
- Receivables within one year +€65,539
up €65,539 (+42.2%), from €155,154 to €220,693
of which Trade receivables: +€57,415
- Tangible fixed assets -€36,280
down €36,280 (-11.3%), from €319,977 to €283,697
of which Land and buildings: -€23,365
Equity and liabilities
- Other debts +€101,529
up €101,529 (+50.5%), from €200,962 to €302,491
- Trade debts +€31,589
up €31,589 (+21.9%), from €144,065 to €175,654
- Debts after one year -€29,424
down €29,424 (-24.8%), from €118,854 to €89,429
of which Financial debts: -€29,424
- Tax, wage and social debts -€9,787
down €9,787 (-24.9%), from €39,253 to €29,467
of which Taxes: -€13,623
Income statement
- Staff costs +€30,292
up €30,292 (+81.3%), from €37,259 to €67,551
- Gross operating margin +€19,635
up €19,635 (+8.4%), from €232,461 to €252,096
- Taxes -€5,724
down €5,724 (-11.5%), from €49,574 to €43,850
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.
Result 2024
€99,199
Gross operating margin
+€19,635
Staff costs
-€30,292
Depreciation
-€1,470
Other operating charges
-€12
Financial income
-€2
Financial charges
-€1,804
Taxes
+€5,724
Result 2025
€90,977
raises the resultlowers the result
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.
From operations
+€198,881
Investment
-€4,693
Financing
-€128,085
Cash 2024
€117,053
From operations (derived)
+€198,881
Net result for the year
+€90,977
Depreciation
+€40,972
Stocks and contracts
+€7,962
Receivables within one year
-€65,539
Deferred charges and accrued income
+€1,177
Trade debts
+€31,589
Tax, wage and social debts
-€9,787
Other debts
+€101,529
Investment (derived)
-€4,693
Investment in fixed assets (net)
-€4,692
Current investments
-€0
Financing
-€128,085
Debts after one year
-€29,424
Current portion of long-term debt
+€727
Short-term financial debts
-€1,694
Contributions, distributions and other
-€97,694
Cash 2025
€183,157
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €834,485 | €920,708 | +€86,223 | +10.3% |
| Fixed assets | 21/28 | €324,977 | €288,697 | -€36,280 | -11.2% |
| Tangible fixed assets | 22/27 | €319,977 | €283,697 | -€36,280 | -11.3% |
| Land and buildings | 22 | €263,943 | €240,578 | -€23,365 | -8.9% |
| Plant, machinery and equipment | 23 | €9,557 | €6,018 | -€3,538 | -37.0% |
| Furniture and vehicles | 24 | €46,478 | €37,101 | -€9,377 | -20.2% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €509,508 | €632,011 | +€122,504 | +24.0% |
| Stocks and contracts in progress | 3 | €236,036 | €228,074 | -€7,962 | -3.4% |
| Stocks | 30/36 | €236,036 | €228,074 | -€7,962 | -3.4% |
| Amounts receivable within one year | 40/41 | €155,154 | €220,693 | +€65,539 | +42.2% |
| Trade receivables | 40 | €75,767 | €133,182 | +€57,415 | +75.8% |
| Other amounts receivable | 41 | €79,387 | €87,511 | +€8,124 | +10.2% |
| Current investments | 50/53 | €87 | €88 | +€0 | +0.5% |
| Cash at bank and in hand | 54/58 | €117,053 | €183,157 | +€66,104 | +56.5% |
| Deferred charges and accrued income | 490/1 | €1,177 | €0 | -€1,177 | -100% |
| Total equity and liabilities | 10/49 | €834,485 | €920,708 | +€86,223 | +10.3% |
| Equity | 10/15 | €292,582 | €285,865 | -€6,717 | -2.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €288,582 | €281,865 | -€6,717 | -2.3% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €269,832 | €263,115 | -€6,717 | -2.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €541,902 | €634,843 | +€92,940 | +17.2% |
| Amounts payable after more than one year | 17 | €118,854 | €89,429 | -€29,424 | -24.8% |
| Financial debts | 170/4 | €116,904 | €87,479 | -€29,424 | -25.2% |
| Other amounts payable | 178/9 | €1,950 | €1,950 | = | 0.0% |
| Amounts payable within one year | 42/48 | €423,049 | €545,413 | +€122,365 | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €28,697 | €29,424 | +€727 | +2.5% |
| Financial debts | 43 | €10,071 | €8,377 | -€1,694 | -16.8% |
| Credit institutions | 430/8 | €10,071 | €8,377 | -€1,694 | -16.8% |
| Trade debts | 44 | €144,065 | €175,654 | +€31,589 | +21.9% |
| Suppliers | 440/4 | €144,065 | €175,654 | +€31,589 | +21.9% |
| Taxes, remuneration and social security | 45 | €39,253 | €29,467 | -€9,787 | -24.9% |
| Taxes | 450/3 | €34,574 | €20,951 | -€13,623 | -39.4% |
| Remuneration and social security | 454/9 | €4,680 | €8,516 | +€3,836 | +82.0% |
| Other amounts payable | 47/48 | €200,962 | €302,491 | +€101,529 | +50.5% |
| Remuneration, social security and pensions | 62 | €37,259 | €67,551 | +€30,292 | +81.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,503 | €40,972 | +€1,470 | +3.7% |
| Other operating charges | 640/8 | €2,239 | €2,252 | +€12 | +0.6% |
| Gross operating margin | 9900 | €232,461 | €252,096 | +€19,635 | +8.4% |
| Operating profit (loss) | 9901 | €153,460 | €141,320 | -€12,139 | -7.9% |
| Financial income | 75/76B | €2,021 | €2,019 | -€2 | -0.1% |
| Recurring financial income | 75 | €2,021 | €2,019 | -€2 | -0.1% |
| Financial charges | 65/66B | €6,708 | €8,512 | +€1,804 | +26.9% |
| Recurring financial charges | 65 | €6,708 | €8,512 | +€1,804 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | €148,773 | €134,827 | -€13,946 | -9.4% |
| Income taxes | 67/77 | €49,574 | €43,850 | -€5,724 | -11.5% |
| Profit (loss) for the period | 9904 | €99,199 | €90,977 | -€8,222 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €99,199 | €90,977 | -€8,222 | -8.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.