APOTHEEK VAN REETH: what changed
APOTHEEK VAN REETH
Largest movements
- Receivables within one year +€19,820
up €19,820 (+37.3%), from €53,096 to €72,916
of which Trade receivables: +€26,033
- Stocks and contracts +€16,884
up €16,884 (+12.8%), from €132,181 to €149,064
- Cash +€11,519
up €11,519 (+6.8%), from €170,023 to €181,542
mainly Net result for the year (+€80,711) and Tax, wage and social debts (+€13,871)
- Reserves +€66,911
up €66,911 (+109%), from €61,601 to €128,512
- Current portion of long-term debt -€18,094
down €18,094 (-100%), from €18,094 to €0
- Tax, wage and social debts +€13,871
up €13,871 (+97.2%), from €14,271 to €28,142
of which Taxes: +€16,344
- Other debts -€10,155
down €10,155 (-7.9%), from €128,764 to €118,609
- Gross operating margin +€41,259
up €41,259 (+31.4%), from €131,412 to €172,672
- Depreciation -€24,922
down €24,922 (-81.9%), from €30,420 to €5,498
- Taxes +€18,295
up €18,295 (+146%), from €12,538 to €30,832
- Staff costs +€2,211
up €2,211 (+5.2%), from €42,848 to €45,059
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €369,711 | €420,608 | +€50,897 | +13.8% |
| Fixed assets | 21/28 | €9,060 | €12,662 | +€3,602 | +39.8% |
| Tangible fixed assets | 22/27 | €9,060 | €12,662 | +€3,602 | +39.8% |
| Plant, machinery and equipment | 23 | €7,830 | €11,768 | +€3,938 | +50.3% |
| Furniture and vehicles | 24 | €1,230 | €894 | -€336 | -27.3% |
| Current assets | 29/58 | €360,651 | €407,946 | +€47,295 | +13.1% |
| Stocks and contracts in progress | 3 | €132,181 | €149,064 | +€16,884 | +12.8% |
| Stocks | 30/36 | €132,181 | €149,064 | +€16,884 | +12.8% |
| Amounts receivable within one year | 40/41 | €53,096 | €72,916 | +€19,820 | +37.3% |
| Trade receivables | 40 | €46,882 | €72,916 | +€26,033 | +55.5% |
| Other amounts receivable | 41 | €6,214 | €0 | -€6,214 | -100% |
| Cash at bank and in hand | 54/58 | €170,023 | €181,542 | +€11,519 | +6.8% |
| Deferred charges and accrued income | 490/1 | €5,352 | €4,424 | -€928 | -17.3% |
| Total equity and liabilities | 10/49 | €369,711 | €420,608 | +€50,897 | +13.8% |
| Equity | 10/15 | €152,146 | €219,057 | +€66,911 | +44.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €61,601 | €128,512 | +€66,911 | +109% |
| Distributable reserves | 133 | €61,601 | €128,512 | +€66,911 | +109% |
| Profit (loss) carried forward | 14 | €71,944 | €71,944 | = | 0.0% |
| Amounts payable | 17/49 | €217,565 | €201,551 | -€16,014 | -7.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €210,885 | €194,636 | -€16,249 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €18,094 | €0 | -€18,094 | -100% |
| Trade debts | 44 | €49,756 | €47,885 | -€1,871 | -3.8% |
| Suppliers | 440/4 | €49,756 | €47,885 | -€1,871 | -3.8% |
| Taxes, remuneration and social security | 45 | €14,271 | €28,142 | +€13,871 | +97.2% |
| Taxes | 450/3 | €4,235 | €20,579 | +€16,344 | +386% |
| Remuneration and social security | 454/9 | €10,036 | €7,563 | -€2,473 | -24.6% |
| Other amounts payable | 47/48 | €128,764 | €118,609 | -€10,155 | -7.9% |
| Accrued charges and deferred income | 492/3 | €6,680 | €6,915 | +€235 | +3.5% |
| Remuneration, social security and pensions | 62 | €42,848 | €45,059 | +€2,211 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,420 | €5,498 | -€24,922 | -81.9% |
| Other operating charges | 640/8 | €746 | €1,004 | +€258 | +34.6% |
| Gross operating margin | 9900 | €131,412 | €172,672 | +€41,259 | +31.4% |
| Operating profit (loss) | 9901 | €57,398 | €121,110 | +€63,712 | +111% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €9,119 | €9,566 | +€447 | +4.9% |
| Recurring financial charges | 65 | €9,119 | €9,566 | +€447 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €48,279 | €111,544 | +€63,265 | +131% |
| Income taxes | 67/77 | €12,538 | €30,832 | +€18,295 | +146% |
| Profit (loss) for the period | 9904 | €35,741 | €80,711 | +€44,970 | +126% |
| Profit (loss) for the period to be appropriated | 9905 | €35,741 | €80,711 | +€44,970 | +126% |
Next steps
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 4 November 2026 via checked.be.