APOTHEEK VANACHTER: what changed
What changed
APOTHEEK VANACHTER
NACE 47.730, Retail sale of pharmaceutical products
filed annual accounts (NBB)
Net result for the year
€41,580
2024 · €38,720+€2,860
Equity
€504,273
2024 · €504,693-€420
Cash
€217,036
2024 · €126,395+€90,641
Balance sheet total
€692,130
2024 · €674,032+€18,099
Largest movements
Assets
- Current investments -€93,117
down €93,117 (-28.3%), from €329,569 to €236,452
- Cash +€90,641
up €90,641 (+71.7%), from €126,395 to €217,036
mainly Current investments (+€93,117) and Net result for the year (+€41,580)
- Stocks and contracts +€9,762
up €9,762 (+10.0%), from €97,895 to €107,658
- Receivables within one year +€7,862
up €7,862 (+7.5%), from €104,862 to €112,724
of which Trade receivables: +€12,282
Equity and liabilities
- Other debts +€12,030
up €12,030 (+40.1%), from €30,000 to €42,030
Income statement
- Gross operating margin +€38,314
up €38,314 (+27.3%), from €140,447 to €178,761
- Staff costs +€13,256
up €13,256 (+16.1%), from €82,162 to €95,419
- Financial income -€4,381
down €4,381 (-68.6%), from €6,386 to €2,005
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
€38,720
Gross operating margin
+€38,314
Staff costs
-€13,256
Depreciation
+€131
Other operating charges
-€252
Other operating items
-€18,745
Financial income
-€4,381
Financial charges
+€269
Taxes
+€780
Result 2025
€41,580
raises the resultlowers the resultnot broken down further in the accounts
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
+€43,821
Investment
+€88,820
Financing
-€42,000
Cash 2024
€126,395
From operations (derived)
+€43,821
Net result for the year
+€41,580
Depreciation
+€969
Stocks and contracts
-€9,762
Receivables within one year
-€7,862
Deferred charges and accrued income
+€377
Trade debts
+€5,975
Tax, wage and social debts
+€514
Other debts
+€12,030
Investment (derived)
+€88,820
Investment in fixed assets (net)
-€4,297
Current investments
+€93,117
Financing
-€42,000
Contributions, distributions and other
-€42,000
Cash 2025
€217,036
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €674,032 | €692,130 | +€18,099 | +2.7% |
| Fixed assets | 21/28 | €3,041 | €6,369 | +€3,328 | +109% |
| Tangible fixed assets | 22/27 | €3,041 | €6,369 | +€3,328 | +109% |
| Plant, machinery and equipment | 23 | €1,959 | €5,401 | +€3,441 | +176% |
| Furniture and vehicles | 24 | €1,081 | €968 | -€113 | -10.5% |
| Current assets | 29/58 | €670,991 | €685,761 | +€14,770 | +2.2% |
| Stocks and contracts in progress | 3 | €97,895 | €107,658 | +€9,762 | +10.0% |
| Stocks | 30/36 | €97,895 | €107,658 | +€9,762 | +10.0% |
| Amounts receivable within one year | 40/41 | €104,862 | €112,724 | +€7,862 | +7.5% |
| Trade receivables | 40 | €92,551 | €104,832 | +€12,282 | +13.3% |
| Other amounts receivable | 41 | €12,311 | €7,891 | -€4,420 | -35.9% |
| Current investments | 50/53 | €329,569 | €236,452 | -€93,117 | -28.3% |
| Cash at bank and in hand | 54/58 | €126,395 | €217,036 | +€90,641 | +71.7% |
| Deferred charges and accrued income | 490/1 | €12,270 | €11,892 | -€377 | -3.1% |
| Total equity and liabilities | 10/49 | €674,032 | €692,130 | +€18,099 | +2.7% |
| Equity | 10/15 | €504,693 | €504,273 | -€420 | -0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €162,716 | €162,716 | = | 0.0% |
| Distributable reserves | 133 | €162,716 | €162,716 | = | 0.0% |
| Profit (loss) carried forward | 14 | €323,385 | €322,965 | -€420 | -0.1% |
| Amounts payable | 17/49 | €169,339 | €187,857 | +€18,519 | +10.9% |
| Amounts payable after more than one year | 17 | €48,031 | €48,031 | = | 0.0% |
| Financial debts | 170/4 | €48,031 | €48,031 | = | 0.0% |
| Amounts payable within one year | 42/48 | €119,627 | €138,145 | +€18,519 | +15.5% |
| Trade debts | 44 | €73,281 | €79,255 | +€5,975 | +8.2% |
| Suppliers | 440/4 | €73,281 | €79,255 | +€5,975 | +8.2% |
| Taxes, remuneration and social security | 45 | €16,346 | €16,860 | +€514 | +3.1% |
| Taxes | 450/3 | €5,393 | €6,961 | +€1,568 | +29.1% |
| Remuneration and social security | 454/9 | €10,953 | €9,899 | -€1,055 | -9.6% |
| Other amounts payable | 47/48 | €30,000 | €42,030 | +€12,030 | +40.1% |
| Accrued charges and deferred income | 492/3 | €1,681 | €1,681 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €82,162 | €95,419 | +€13,256 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,100 | €969 | -€131 | -11.9% |
| Other operating charges | 640/8 | €410 | €662 | +€252 | +61.3% |
| Non-recurring operating charges | 66A | - | €18,745 | +€18,745 | |
| Gross operating margin | 9900 | €140,447 | €178,761 | +€38,314 | +27.3% |
| Operating profit (loss) | 9901 | €56,774 | €62,967 | +€6,192 | +10.9% |
| Financial income | 75/76B | €6,386 | €2,005 | -€4,381 | -68.6% |
| Recurring financial income | 75 | €6,386 | €2,005 | -€4,381 | -68.6% |
| Financial charges | 65/66B | €21,018 | €20,750 | -€269 | -1.3% |
| Recurring financial charges | 65 | €21,018 | €20,750 | -€269 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €42,142 | €44,221 | +€2,079 | +4.9% |
| Income taxes | 67/77 | €3,422 | €2,642 | -€780 | -22.8% |
| Profit (loss) for the period | 9904 | €38,720 | €41,580 | +€2,860 | +7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €38,720 | €41,580 | +€2,860 | +7.4% |
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 2 November 2026 via checked.be.