Apotheek Vijve: what changed
What changed
Apotheek Vijve
NACE 47.730, Retail sale of pharmaceutical products
filed annual accounts (NBB)
Net result for the year
€83,539
2024 · €104,630-€21,091
Equity
€746,973
2024 · €703,434+€43,539
Cash
€246,303
2024 · €215,576+€30,727
Balance sheet total
€964,127
2024 · €935,968+€28,158
Largest movements
Assets
- Receivables within one year +€38,744
up €38,744 (+13.2%), from €294,202 to €332,945
of which Other amounts receivable: +€25,342
- Cash +€30,727
up €30,727 (+14.3%), from €215,576 to €246,303
mainly Net result for the year (+€83,539) and Depreciation (+€25,235)
- Current investments -€20,000
no longer reported in 2025 (was €20,000)
- Tangible fixed assets -€16,685
down €16,685 (-13.8%), from €120,821 to €104,136
of which Plant, machinery and equipment: -€8,489
Equity and liabilities
- Reserves +€43,539
up €43,539 (+6.9%), from €633,434 to €676,973
of which Distributable reserves: +€43,539
- Debts after one year -€10,501
down €10,501 (-13.8%), from €76,113 to €65,611
Income statement
- Staff costs +€36,277
up €36,277 (+44.1%), from €82,316 to €118,593
- Gross operating margin +€11,493
up €11,493 (+4.9%), from €232,924 to €244,417
- Taxes -€6,827
down €6,827 (-30.8%), from €22,188 to €15,361
- Financial income -€2,958
down €2,958 (-74.1%), from €3,992 to €1,033
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
€104,630
Gross operating margin
+€11,493
Staff costs
-€36,277
Depreciation
-€720
Other operating charges
-€254
Financial income
-€2,958
Financial charges
+€798
Taxes
+€6,827
Result 2025
€83,539
raises the resultlowers the result
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
+€74,728
Investment
+€11,655
Financing
-€55,656
Cash 2024
€215,576
From operations (derived)
+€74,728
Net result for the year
+€83,539
Depreciation
+€25,235
Stocks and contracts
+€4,076
Receivables within one year
-€38,744
Deferred charges and accrued income
+€345
Trade debts
+€3,398
Tax, wage and social debts
-€3,044
Other debts
-€78
Investment (derived)
+€11,655
Investment in fixed assets (net)
-€8,345
Current investments
+€20,000
Financing
-€55,656
Debts after one year
-€10,501
Current portion of long-term debt
+€300
Short-term financial debts
-€5,455
Contributions, distributions and other
-€40,000
Cash 2025
€246,303
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €935,968 | €964,127 | +€28,158 | +3.0% |
| Fixed assets | 21/28 | €129,894 | €113,004 | -€16,890 | -13.0% |
| Intangible fixed assets | 21 | €524 | €319 | -€206 | -39.2% |
| Tangible fixed assets | 22/27 | €120,821 | €104,136 | -€16,685 | -13.8% |
| Land and buildings | 22 | €13,435 | €11,780 | -€1,655 | -12.3% |
| Plant, machinery and equipment | 23 | €66,687 | €58,198 | -€8,489 | -12.7% |
| Furniture and vehicles | 24 | €18,498 | €14,772 | -€3,726 | -20.1% |
| Other tangible fixed assets | 26 | €22,200 | €19,386 | -€2,814 | -12.7% |
| Financial fixed assets | 28 | €8,550 | €8,550 | = | 0.0% |
| Current assets | 29/58 | €806,074 | €851,123 | +€45,049 | +5.6% |
| Stocks and contracts in progress | 3 | €273,655 | €269,579 | -€4,076 | -1.5% |
| Stocks | 30/36 | €273,655 | €269,579 | -€4,076 | -1.5% |
| Amounts receivable within one year | 40/41 | €294,202 | €332,945 | +€38,744 | +13.2% |
| Trade receivables | 40 | €130,875 | €144,277 | +€13,402 | +10.2% |
| Other amounts receivable | 41 | €163,326 | €188,668 | +€25,342 | +15.5% |
| Current investments | 50/53 | €20,000 | - | -€20,000 | |
| Cash at bank and in hand | 54/58 | €215,576 | €246,303 | +€30,727 | +14.3% |
| Deferred charges and accrued income | 490/1 | €2,641 | €2,296 | -€345 | -13.1% |
| Total equity and liabilities | 10/49 | €935,968 | €964,127 | +€28,158 | +3.0% |
| Equity | 10/15 | €703,434 | €746,973 | +€43,539 | +6.2% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €633,434 | €676,973 | +€43,539 | +6.9% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €36,503 | €36,503 | = | 0.0% |
| Distributable reserves | 133 | €589,930 | €633,469 | +€43,539 | +7.4% |
| Amounts payable | 17/49 | €232,534 | €217,154 | -€15,381 | -6.6% |
| Amounts payable after more than one year | 17 | €76,113 | €65,611 | -€10,501 | -13.8% |
| Financial debts | 170/4 | €76,113 | €65,611 | -€10,501 | -13.8% |
| Amounts payable within one year | 42/48 | €156,422 | €151,543 | -€4,879 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €10,202 | €10,501 | +€300 | +2.9% |
| Financial debts | 43 | €5,455 | - | -€5,455 | |
| Other loans | 439 | €5,455 | - | -€5,455 | |
| Trade debts | 44 | €83,312 | €86,709 | +€3,398 | +4.1% |
| Suppliers | 440/4 | €83,312 | €86,709 | +€3,398 | +4.1% |
| Taxes, remuneration and social security | 45 | €17,454 | €14,410 | -€3,044 | -17.4% |
| Taxes | 450/3 | €6,952 | €1,526 | -€5,426 | -78.0% |
| Remuneration and social security | 454/9 | €10,502 | €12,884 | +€2,382 | +22.7% |
| Other amounts payable | 47/48 | €40,000 | €39,922 | -€78 | -0.2% |
| Remuneration, social security and pensions | 62 | €82,316 | €118,593 | +€36,277 | +44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,515 | €25,235 | +€720 | +2.9% |
| Other operating charges | 640/8 | - | €254 | +€254 | |
| Gross operating margin | 9900 | €232,924 | €244,417 | +€11,493 | +4.9% |
| Operating profit (loss) | 9901 | €126,093 | €100,335 | -€25,758 | -20.4% |
| Financial income | 75/76B | €3,992 | €1,033 | -€2,958 | -74.1% |
| Recurring financial income | 75 | €3,992 | €1,033 | -€2,958 | -74.1% |
| Financial charges | 65/66B | €3,266 | €2,469 | -€798 | -24.4% |
| Recurring financial charges | 65 | €3,266 | €2,469 | -€798 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €126,818 | €98,900 | -€27,919 | -22.0% |
| Income taxes | 67/77 | €22,188 | €15,361 | -€6,827 | -30.8% |
| Profit (loss) for the period | 9904 | €104,630 | €83,539 | -€21,091 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €104,630 | €83,539 | -€21,091 | -20.2% |
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.