Apotheek VANHAESEBROUCK: 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 VANHAESEBROUCK
NACE 47.730, Retail sale of pharmaceutical products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€133,283
2024 · €189,637-€56,355
Equity
€308,489
2024 · €301,374+€7,115
Cash
€51,758
2024 · €39,704+€12,054
Balance sheet total
€1.1m
2024 · €1.2m-€106,727
Largest movements
Assets
- Receivables within one year -€142,923
down €142,923 (-26.6%), from €536,967 to €394,044
of which Other amounts receivable: -€126,061
- Stocks and contracts +€35,418
up €35,418 (+10.9%), from €325,800 to €361,218
Equity and liabilities
- Other debts -€83,995
down €83,995 (-33.0%), from €254,615 to €170,620
- Debts after one year -€59,833
down €59,833 (-18.1%), from €330,923 to €271,090
- Tax, wage and social debts +€13,220
up €13,220 (+29.7%), from €44,468 to €57,688
of which Remuneration and social security: +€12,423
Income statement
- Staff costs +€57,728
up €57,728 (+21.8%), from €265,266 to €322,994
- Financial charges -€6,184
down €6,184 (-20.3%), from €30,468 to €24,285
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
€189,637
Gross operating margin
-€199
Staff costs
-€57,728
Depreciation
-€147
Other operating charges
+€394
Financial income
-€833
Financial charges
+€6,184
Taxes
-€4,025
Result 2025
€133,283
raises the resultlowers the result
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
+€208,442
Investment
-€23,718
Financing
-€172,670
Cash 2024
€39,704
From operations (derived)
+€208,442
Net result for the year
+€133,283
Depreciation
+€31,705
Stocks and contracts
-€35,418
Receivables within one year
+€142,923
Deferred charges and accrued income
+€3,289
Trade debts
+€2,117
Tax, wage and social debts
+€13,220
Other debts
-€83,995
Accrued charges and deferred income
+€1,318
Investment (derived)
-€23,718
Investment in fixed assets (net)
-€23,718
Financing
-€172,670
Debts after one year
-€59,833
Current portion of long-term debt
+€1,567
Short-term financial debts
+€11,763
Contributions, distributions and other
-€126,167
Cash 2025
€51,758
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,212,697 | €1,105,970 | -€106,727 | -8.8% |
| Fixed assets | 21/28 | €286,787 | €278,800 | -€7,987 | -2.8% |
| Tangible fixed assets | 22/27 | €286,787 | €278,800 | -€7,987 | -2.8% |
| Land and buildings | 22 | €279,627 | €265,752 | -€13,875 | -5.0% |
| Plant, machinery and equipment | 23 | €2,649 | €10,901 | +€8,252 | +311% |
| Furniture and vehicles | 24 | €4,511 | €2,147 | -€2,364 | -52.4% |
| Current assets | 29/58 | €925,910 | €827,169 | -€98,740 | -10.7% |
| Stocks and contracts in progress | 3 | €325,800 | €361,218 | +€35,418 | +10.9% |
| Stocks | 30/36 | €325,800 | €361,218 | +€35,418 | +10.9% |
| Amounts receivable within one year | 40/41 | €536,967 | €394,044 | -€142,923 | -26.6% |
| Trade receivables | 40 | €208,193 | €191,331 | -€16,862 | -8.1% |
| Other amounts receivable | 41 | €328,774 | €202,713 | -€126,061 | -38.3% |
| Cash at bank and in hand | 54/58 | €39,704 | €51,758 | +€12,054 | +30.4% |
| Deferred charges and accrued income | 490/1 | €23,438 | €20,149 | -€3,289 | -14.0% |
| Total equity and liabilities | 10/49 | €1,212,697 | €1,105,970 | -€106,727 | -8.8% |
| Equity | 10/15 | €301,374 | €308,489 | +€7,115 | +2.4% |
| Contributions | 10/11 | €13,808 | €13,808 | = | 0.0% |
| Reserves | 13 | €294,681 | €294,681 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €284,681 | €284,681 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,115 | €0 | +€7,115 | |
| Amounts payable | 17/49 | €911,323 | €797,480 | -€113,842 | -12.5% |
| Amounts payable after more than one year | 17 | €330,923 | €271,090 | -€59,833 | -18.1% |
| Financial debts | 170/4 | €330,923 | €271,090 | -€59,833 | -18.1% |
| Amounts payable within one year | 42/48 | €577,636 | €522,309 | -€55,328 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €72,799 | €74,366 | +€1,567 | +2.2% |
| Financial debts | 43 | €52,198 | €63,961 | +€11,763 | +22.5% |
| Credit institutions | 430/8 | €52,198 | €63,961 | +€11,763 | +22.5% |
| Trade debts | 44 | €153,557 | €155,674 | +€2,117 | +1.4% |
| Suppliers | 440/4 | €153,557 | €155,674 | +€2,117 | +1.4% |
| Taxes, remuneration and social security | 45 | €44,468 | €57,688 | +€13,220 | +29.7% |
| Taxes | 450/3 | €1,854 | €2,652 | +€797 | +43.0% |
| Remuneration and social security | 454/9 | €42,613 | €55,037 | +€12,423 | +29.2% |
| Other amounts payable | 47/48 | €254,615 | €170,620 | -€83,995 | -33.0% |
| Accrued charges and deferred income | 492/3 | €2,763 | €4,082 | +€1,318 | +47.7% |
| Remuneration, social security and pensions | 62 | €265,266 | €322,994 | +€57,728 | +21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,557 | €31,705 | +€147 | +0.5% |
| Other operating charges | 640/8 | €4,640 | €4,246 | -€394 | -8.5% |
| Gross operating margin | 9900 | €526,665 | €526,466 | -€199 | 0.0% |
| Operating profit (loss) | 9901 | €225,202 | €167,522 | -€57,680 | -25.6% |
| Financial income | 75/76B | €1,246 | €414 | -€833 | -66.8% |
| Recurring financial income | 75 | €1,246 | €414 | -€833 | -66.8% |
| Financial charges | 65/66B | €30,468 | €24,285 | -€6,184 | -20.3% |
| Recurring financial charges | 65 | €30,468 | €24,285 | -€6,184 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €195,980 | €143,651 | -€52,329 | -26.7% |
| Income taxes | 67/77 | €6,343 | €10,368 | +€4,025 | +63.5% |
| Profit (loss) for the period | 9904 | €189,637 | €133,283 | -€56,355 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €189,637 | €133,283 | -€56,355 | -29.7% |
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 28 October 2026 via checked.be.