APOTHEEK VAN SCHELVERGEM: 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 VAN SCHELVERGEM
NACE 47.730, Retail sale of pharmaceutical products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€12,288
2024 · €48,096-€35,808
Equity
€40,085
2024 · €47,798-€7,712
Cash
€3,364
2024 · €3,999-€634
Balance sheet total
€386,335
2024 · €274,324+€112,012
Largest movements
Assets
- Receivables within one year +€90,831
up €90,831 (+73.5%), from €123,560 to €214,391
of which Other amounts receivable: +€93,843
- Stocks and contracts +€17,603
up €17,603 (+28.8%), from €61,211 to €78,814
Equity and liabilities
- Trade debts +€70,108
up €70,108 (+50.9%), from €137,714 to €207,822
- Current portion of long-term debt +€25,008
new in 2025: €25,008
- Advances received +€21,519
new in 2025: €21,519
- Debts after one year +€10,404
new in 2025: €10,404
- Tax, wage and social debts -€10,097
down €10,097 (-74.6%), from €13,538 to €3,441
Income statement
- Gross operating margin -€44,319
down €44,319 (-51.3%), from €86,322 to €42,003
- Taxes -€11,705
down €11,705 (-49.9%), from €23,441 to €11,736
- Financial charges +€3,962
up €3,962 (+33.2%), from €11,926 to €15,888
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
€48,096
Gross operating margin
-€44,319
Depreciation
+€762
Other operating charges
-€402
Other operating items
+€625
Financial income
-€217
Financial charges
-€3,962
Taxes
+€11,705
Result 2025
€12,288
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
-€14,076
Investment
-€3,552
Financing
+€16,994
Cash 2024
€3,999
From operations (derived)
-€14,076
Net result for the year
+€12,288
Depreciation
+€2,408
Stocks and contracts
-€17,603
Receivables within one year
-€90,831
Deferred charges and accrued income
-€3,068
Trade debts
+€70,108
Tax, wage and social debts
-€10,097
Advances received
+€21,519
Accrued charges and deferred income
+€1,200
Investment (derived)
-€3,552
Investment in fixed assets (net)
-€3,552
Financing
+€16,994
Debts after one year
+€10,404
Current portion of long-term debt
+€25,008
Short-term financial debts
+€1,582
Contributions, distributions and other
-€20,000
Cash 2025
€3,364
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €274,324 | €386,335 | +€112,012 | +40.8% |
| Fixed assets | 21/28 | €8,011 | €9,155 | +€1,145 | +14.3% |
| Intangible fixed assets | 21 | €149 | - | -€149 | |
| Tangible fixed assets | 22/27 | €7,862 | €9,155 | +€1,294 | +16.5% |
| Plant, machinery and equipment | 23 | €7,862 | €9,155 | +€1,294 | +16.5% |
| Current assets | 29/58 | €266,313 | €377,180 | +€110,867 | +41.6% |
| Stocks and contracts in progress | 3 | €61,211 | €78,814 | +€17,603 | +28.8% |
| Stocks | 30/36 | €61,211 | €78,814 | +€17,603 | +28.8% |
| Amounts receivable within one year | 40/41 | €123,560 | €214,391 | +€90,831 | +73.5% |
| Trade receivables | 40 | €7,858 | €4,846 | -€3,012 | -38.3% |
| Other amounts receivable | 41 | €115,702 | €209,545 | +€93,843 | +81.1% |
| Cash at bank and in hand | 54/58 | €3,999 | €3,364 | -€634 | -15.9% |
| Deferred charges and accrued income | 490/1 | €77,543 | €80,611 | +€3,068 | +4.0% |
| Total equity and liabilities | 10/49 | €274,324 | €386,335 | +€112,012 | +40.8% |
| Equity | 10/15 | €47,798 | €40,085 | -€7,712 | -16.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,198 | €21,485 | -€7,712 | -26.4% |
| Distributable reserves | 133 | €29,198 | €21,485 | -€7,712 | -26.4% |
| Amounts payable | 17/49 | €226,526 | €346,250 | +€119,724 | +52.9% |
| Amounts payable after more than one year | 17 | - | €10,404 | +€10,404 | |
| Financial debts | 170/4 | - | €10,404 | +€10,404 | |
| Amounts payable within one year | 42/48 | €226,526 | €334,646 | +€108,120 | +47.7% |
| Current portion of amounts payable after more than one year | 42 | - | €25,008 | +€25,008 | |
| Financial debts | 43 | €75,274 | €76,856 | +€1,582 | +2.1% |
| Credit institutions | 430/8 | €75,274 | €76,856 | +€1,582 | +2.1% |
| Trade debts | 44 | €137,714 | €207,822 | +€70,108 | +50.9% |
| Suppliers | 440/4 | €137,714 | €207,822 | +€70,108 | +50.9% |
| Advances received on contracts in progress | 46 | - | €21,519 | +€21,519 | |
| Taxes, remuneration and social security | 45 | €13,538 | €3,441 | -€10,097 | -74.6% |
| Taxes | 450/3 | €13,538 | €3,441 | -€10,097 | -74.6% |
| Accrued charges and deferred income | 492/3 | - | €1,200 | +€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,170 | €2,408 | -€762 | -24.0% |
| Other operating charges | 640/8 | €119 | €521 | +€402 | +339% |
| Non-recurring operating charges | 66A | €625 | - | -€625 | |
| Gross operating margin | 9900 | €86,322 | €42,003 | -€44,319 | -51.3% |
| Operating profit (loss) | 9901 | €82,409 | €39,074 | -€43,334 | -52.6% |
| Financial income | 75/76B | €1,055 | €838 | -€217 | -20.6% |
| Recurring financial income | 75 | €1,055 | €838 | -€217 | -20.6% |
| Financial charges | 65/66B | €11,926 | €15,888 | +€3,962 | +33.2% |
| Recurring financial charges | 65 | €11,926 | €15,888 | +€3,962 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | €71,537 | €24,024 | -€47,513 | -66.4% |
| Income taxes | 67/77 | €23,441 | €11,736 | -€11,705 | -49.9% |
| Profit (loss) for the period | 9904 | €48,096 | €12,288 | -€35,808 | -74.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,096 | €12,288 | -€35,808 | -74.5% |
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 25 October 2026 via checked.be.