APOTHEEK VANOVERSCHELDE: 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.
APOTHEEK VANOVERSCHELDE
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash -€31,304
down €31,304 (-23.5%), from €133,327 to €102,023
mainly Current investments (-€50,000) and Contributions, distributions and other (-€31,666)
- Tangible fixed assets -€14,765
down €14,765 (-14.4%), from €102,783 to €88,018
of which Land and buildings: -€8,842
- Stocks and contracts +€8,311
up €8,311 (+5.4%), from €152,725 to €161,035
- Reserves +€17,899
up €17,899 (+6.5%), from €275,891 to €293,790
- Trade debts -€16,456
down €16,456 (-22.6%), from €72,673 to €56,217
- Other debts +€6,406
up €6,406 (+7.0%), from €91,805 to €98,211
- Gross operating margin +€10,487
up €10,487 (+6.7%), from €156,127 to €166,614
- Staff costs -€9,215
down €9,215 (-12.7%), from €72,567 to €63,352
- Taxes +€6,182
up €6,182 (+42.3%), from €14,630 to €20,813
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €503,127 | €515,473 | +€12,346 | +2.5% |
| Fixed assets | 21/28 | €102,833 | €88,068 | -€14,765 | -14.4% |
| Tangible fixed assets | 22/27 | €102,783 | €88,018 | -€14,765 | -14.4% |
| Land and buildings | 22 | €70,089 | €61,246 | -€8,842 | -12.6% |
| Plant, machinery and equipment | 23 | €21,659 | €18,059 | -€3,600 | -16.6% |
| Furniture and vehicles | 24 | €11,035 | €8,713 | -€2,323 | -21.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €400,294 | €427,404 | +€27,111 | +6.8% |
| Stocks and contracts in progress | 3 | €152,725 | €161,035 | +€8,311 | +5.4% |
| Stocks | 30/36 | €152,725 | €161,035 | +€8,311 | +5.4% |
| Amounts receivable within one year | 40/41 | €105,104 | €105,859 | +€755 | +0.7% |
| Trade receivables | 40 | €101,284 | €101,311 | +€27 | 0.0% |
| Other amounts receivable | 41 | €3,820 | €4,548 | +€728 | +19.1% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €133,327 | €102,023 | -€31,304 | -23.5% |
| Deferred charges and accrued income | 490/1 | €9,138 | €8,487 | -€651 | -7.1% |
| Total equity and liabilities | 10/49 | €503,127 | €515,473 | +€12,346 | +2.5% |
| Equity | 10/15 | €294,491 | €312,390 | +€17,899 | +6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €275,891 | €293,790 | +€17,899 | +6.5% |
| Distributable reserves | 133 | €275,891 | €293,790 | +€17,899 | +6.5% |
| Amounts payable | 17/49 | €208,636 | €203,082 | -€5,554 | -2.7% |
| Amounts payable after more than one year | 17 | €27,500 | €27,500 | = | 0.0% |
| Financial debts | 170/4 | €27,500 | €27,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €176,036 | €171,077 | -€4,959 | -2.8% |
| Trade debts | 44 | €72,673 | €56,217 | -€16,456 | -22.6% |
| Suppliers | 440/4 | €72,673 | €56,217 | -€16,456 | -22.6% |
| Taxes, remuneration and social security | 45 | €11,558 | €16,649 | +€5,091 | +44.0% |
| Taxes | 450/3 | €2,075 | €8,202 | +€6,127 | +295% |
| Remuneration and social security | 454/9 | €9,483 | €8,447 | -€1,036 | -10.9% |
| Other amounts payable | 47/48 | €91,805 | €98,211 | +€6,406 | +7.0% |
| Accrued charges and deferred income | 492/3 | €5,100 | €4,505 | -€595 | -11.7% |
| Remuneration, social security and pensions | 62 | €72,567 | €63,352 | -€9,215 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,603 | €20,928 | +€325 | +1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,991 | €7,071 | +€1,080 | +18.0% |
| Other operating charges | 640/8 | €1,195 | €1,150 | -€45 | -3.8% |
| Gross operating margin | 9900 | €156,127 | €166,614 | +€10,487 | +6.7% |
| Operating profit (loss) | 9901 | €55,771 | €74,113 | +€18,342 | +32.9% |
| Financial income | 75/76B | €2,522 | €2,695 | +€173 | +6.9% |
| Recurring financial income | 75 | €2,522 | €2,695 | +€173 | +6.9% |
| Financial charges | 65/66B | €6,768 | €6,430 | -€338 | -5.0% |
| Recurring financial charges | 65 | €6,768 | €6,430 | -€338 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €51,525 | €70,378 | +€18,853 | +36.6% |
| Income taxes | 67/77 | €14,630 | €20,813 | +€6,182 | +42.3% |
| Profit (loss) for the period | 9904 | €36,894 | €49,565 | +€12,671 | +34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,894 | €49,565 | +€12,671 | +34.3% |
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 30 October 2026 via checked.be.