Apotheek Varendries: what changed
What changed
Apotheek Varendries
NACE 47.730, Retail sale of pharmaceutical products
filed annual accounts (NBB)
Net result for the year
€218,215
2024 · €430,107-€211,892
Equity
€235,664
2024 · €233,949+€1,715
Cash
€330,478
2024 · €200,475+€130,003
Balance sheet total
€1.4m
2024 · €1.4m-€19,394
Largest movements
Assets
- Cash +€130,003
up €130,003 (+64.8%), from €200,475 to €330,478
mainly Net result for the year (+€218,215) and Receivables within one year (+€122,860)
- Receivables within one year -€122,860
down €122,860 (-27.0%), from €455,060 to €332,201
of which Other amounts receivable: -€90,907
- Tangible fixed assets -€34,552
down €34,552 (-7.7%), from €449,777 to €415,224
of which Plant, machinery and equipment: -€37,294
Equity and liabilities
- Trade debts +€47,197
up €47,197 (+50.0%), from €94,363 to €141,560
- Debts after one year -€34,833
down €34,833 (-11.5%), from €302,930 to €268,097
Income statement
- Gross operating margin -€186,713
down €186,713 (-28.3%), from €660,826 to €474,113
- Staff costs +€6,876
up €6,876 (+4.4%), from €157,400 to €164,276
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
€430,107
Gross operating margin
-€186,713
Staff costs
-€6,876
Depreciation
-€1,625
Other operating charges
-€418
Other operating items
-€7,589
Financial income
-€5,419
Financial charges
-€1,804
Taxes
-€1,448
Result 2025
€218,215
lowers 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
+€421,273
Investment
-€26,436
Financing
-€264,833
Cash 2024
€200,475
From operations (derived)
+€421,273
Net result for the year
+€218,215
Depreciation
+€60,988
Stocks and contracts
-€9,373
Receivables within one year
+€122,860
Deferred charges and accrued income
+€1,358
Trade debts
+€47,197
Tax, wage and social debts
-€6,792
Advances received
-€775
Other debts
-€12,374
Accrued charges and deferred income
-€31
Investment (derived)
-€26,436
Investment in fixed assets (net)
-€26,436
Financing
-€264,833
Debts after one year
-€34,833
Current portion of long-term debt
-€13,500
Contributions, distributions and other
-€216,500
Cash 2025
€330,478
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,388,496 | €1,369,102 | -€19,394 | -1.4% |
| Fixed assets | 21/28 | €449,777 | €415,224 | -€34,552 | -7.7% |
| Tangible fixed assets | 22/27 | €449,777 | €415,224 | -€34,552 | -7.7% |
| Land and buildings | 22 | €241,588 | €244,779 | +€3,191 | +1.3% |
| Plant, machinery and equipment | 23 | €207,447 | €170,153 | -€37,294 | -18.0% |
| Furniture and vehicles | 24 | €741 | €293 | -€449 | -60.5% |
| Current assets | 29/58 | €938,720 | €953,878 | +€15,158 | +1.6% |
| Stocks and contracts in progress | 3 | €277,232 | €286,605 | +€9,373 | +3.4% |
| Stocks | 30/36 | €277,232 | €286,605 | +€9,373 | +3.4% |
| Amounts receivable within one year | 40/41 | €455,060 | €332,201 | -€122,860 | -27.0% |
| Trade receivables | 40 | €275,523 | €243,570 | -€31,953 | -11.6% |
| Other amounts receivable | 41 | €179,537 | €88,630 | -€90,907 | -50.6% |
| Cash at bank and in hand | 54/58 | €200,475 | €330,478 | +€130,003 | +64.8% |
| Deferred charges and accrued income | 490/1 | €5,952 | €4,594 | -€1,358 | -22.8% |
| Total equity and liabilities | 10/49 | €1,388,496 | €1,369,102 | -€19,394 | -1.4% |
| Equity | 10/15 | €233,949 | €235,664 | +€1,715 | +0.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €215,357 | €217,072 | +€1,715 | +0.8% |
| Tax-exempt reserves | 132 | €21,804 | €21,804 | = | 0.0% |
| Distributable reserves | 133 | €193,553 | €195,268 | +€1,715 | +0.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,154,547 | €1,133,439 | -€21,109 | -1.8% |
| Amounts payable after more than one year | 17 | €302,930 | €268,097 | -€34,833 | -11.5% |
| Financial debts | 170/4 | €302,930 | €268,097 | -€34,833 | -11.5% |
| Amounts payable within one year | 42/48 | €850,611 | €864,367 | +€13,756 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €52,361 | €38,861 | -€13,500 | -25.8% |
| Trade debts | 44 | €94,363 | €141,560 | +€47,197 | +50.0% |
| Suppliers | 440/4 | €94,363 | €141,560 | +€47,197 | +50.0% |
| Advances received on contracts in progress | 46 | €775 | €0 | -€775 | -100% |
| Taxes, remuneration and social security | 45 | €40,611 | €33,819 | -€6,792 | -16.7% |
| Taxes | 450/3 | €22,066 | €9,546 | -€12,520 | -56.7% |
| Remuneration and social security | 454/9 | €18,545 | €24,273 | +€5,728 | +30.9% |
| Other amounts payable | 47/48 | €662,501 | €650,127 | -€12,374 | -1.9% |
| Accrued charges and deferred income | 492/3 | €1,006 | €975 | -€31 | -3.1% |
| Non-recurring operating income | 76A | - | €10 | +€10 | |
| Remuneration, social security and pensions | 62 | €157,400 | €164,276 | +€6,876 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,363 | €60,988 | +€1,625 | +2.7% |
| Other operating charges | 640/8 | €2,713 | €3,131 | +€418 | +15.4% |
| Non-recurring operating charges | 66A | €0 | €7,589 | +€7,589 | |
| Gross operating margin | 9900 | €660,826 | €474,113 | -€186,713 | -28.3% |
| Operating profit (loss) | 9901 | €441,350 | €238,129 | -€203,221 | -46.0% |
| Financial income | 75/76B | €11,474 | €6,055 | -€5,419 | -47.2% |
| Recurring financial income | 75 | €11,474 | €6,055 | -€5,419 | -47.2% |
| Financial charges | 65/66B | €21,328 | €23,132 | +€1,804 | +8.5% |
| Recurring financial charges | 65 | €21,328 | €23,132 | +€1,804 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €431,496 | €221,052 | -€210,444 | -48.8% |
| Income taxes | 67/77 | €1,389 | €2,837 | +€1,448 | +104% |
| Profit (loss) for the period | 9904 | €430,107 | €218,215 | -€211,892 | -49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €430,107 | €218,215 | -€211,892 | -49.3% |
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 7 November 2026 via checked.be.