APOTHEEK VILLé: what changed
APOTHEEK VILLé
Largest movements
- Tangible fixed assets -€50,506
down €50,506 (-15.9%), from €317,937 to €267,431
of which Plant, machinery and equipment: -€29,377
- Stocks and contracts +€27,765
up €27,765 (+15.6%), from €177,950 to €205,715
- Cash +€24,878
up €24,878 (+43.5%), from €57,221 to €82,099
mainly Net result for the year (+€93,491) and Depreciation (+€59,862)
- Receivables within one year +€18,040
up €18,040 (+15.1%), from €119,365 to €137,405
of which Trade receivables: +€18,356
- Reserves +€67,052
up €67,052 (+24.0%), from €279,252 to €346,304
of which Distributable reserves: +€67,052
- Debts after one year -€51,341
down €51,341 (-28.6%), from €179,268 to €127,928
- Trade debts +€28,353
up €28,353 (+23.0%), from €123,178 to €151,531
- Tax, wage and social debts -€12,338
down €12,338 (-26.0%), from €47,371 to €35,033
of which Taxes: -€12,747
- Current portion of long-term debt -€8,266
down €8,266 (-13.8%), from €59,938 to €51,672
- Staff costs -€21,614
down €21,614 (-13.6%), from €159,299 to €137,685
- Gross operating margin +€17,010
up €17,010 (+5.0%), from €338,835 to €355,845
- Taxes +€13,423
up €13,423 (+47.9%), from €28,005 to €41,428
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €693,520 | €716,967 | +€23,446 | +3.4% |
| Fixed assets | 21/28 | €319,437 | €268,431 | -€51,006 | -16.0% |
| Intangible fixed assets | 21 | €1,500 | €1,000 | -€500 | -33.3% |
| Tangible fixed assets | 22/27 | €317,937 | €267,431 | -€50,506 | -15.9% |
| Plant, machinery and equipment | 23 | €269,287 | €239,910 | -€29,377 | -10.9% |
| Furniture and vehicles | 24 | €48,650 | €27,521 | -€21,129 | -43.4% |
| Current assets | 29/58 | €374,083 | €448,535 | +€74,453 | +19.9% |
| Stocks and contracts in progress | 3 | €177,950 | €205,715 | +€27,765 | +15.6% |
| Stocks | 30/36 | €177,950 | €205,715 | +€27,765 | +15.6% |
| Amounts receivable within one year | 40/41 | €119,365 | €137,405 | +€18,040 | +15.1% |
| Trade receivables | 40 | €118,101 | €136,457 | +€18,356 | +15.5% |
| Other amounts receivable | 41 | €1,264 | €948 | -€316 | -25.0% |
| Cash at bank and in hand | 54/58 | €57,221 | €82,099 | +€24,878 | +43.5% |
| Deferred charges and accrued income | 490/1 | €19,547 | €23,317 | +€3,770 | +19.3% |
| Total equity and liabilities | 10/49 | €693,520 | €716,967 | +€23,446 | +3.4% |
| Equity | 10/15 | €237,295 | €304,347 | +€67,052 | +28.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €279,252 | €346,304 | +€67,052 | +24.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €277,252 | €344,304 | +€67,052 | +24.2% |
| Profit (loss) carried forward | 14 | -€61,957 | -€61,957 | = | 0.0% |
| Amounts payable | 17/49 | €456,225 | €412,620 | -€43,605 | -9.6% |
| Amounts payable after more than one year | 17 | €179,268 | €127,928 | -€51,341 | -28.6% |
| Financial debts | 170/4 | €179,268 | €127,928 | -€51,341 | -28.6% |
| Amounts payable within one year | 42/48 | €270,201 | €277,948 | +€7,747 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €59,938 | €51,672 | -€8,266 | -13.8% |
| Trade debts | 44 | €123,178 | €151,531 | +€28,353 | +23.0% |
| Suppliers | 440/4 | €123,178 | €151,531 | +€28,353 | +23.0% |
| Taxes, remuneration and social security | 45 | €47,371 | €35,033 | -€12,338 | -26.0% |
| Taxes | 450/3 | €33,953 | €21,206 | -€12,747 | -37.5% |
| Remuneration and social security | 454/9 | €13,418 | €13,827 | +€409 | +3.0% |
| Other amounts payable | 47/48 | €39,713 | €39,711 | -€2 | 0.0% |
| Accrued charges and deferred income | 492/3 | €6,756 | €6,744 | -€12 | -0.2% |
| Remuneration, social security and pensions | 62 | €159,299 | €137,685 | -€21,614 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,199 | €59,862 | -€3,336 | -5.3% |
| Other operating charges | 640/8 | €683 | €683 | +€1 | +0.1% |
| Gross operating margin | 9900 | €338,835 | €355,845 | +€17,010 | +5.0% |
| Operating profit (loss) | 9901 | €115,654 | €157,615 | +€41,960 | +36.3% |
| Financial income | 75/76B | €53 | €299 | +€246 | +461% |
| Recurring financial income | 75 | €53 | €299 | +€246 | +461% |
| Financial charges | 65/66B | €24,534 | €22,995 | -€1,539 | -6.3% |
| Recurring financial charges | 65 | €24,534 | €22,995 | -€1,539 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €91,174 | €134,918 | +€43,745 | +48.0% |
| Income taxes | 67/77 | €28,005 | €41,428 | +€13,423 | +47.9% |
| Profit (loss) for the period | 9904 | €63,168 | €93,491 | +€30,322 | +48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €63,168 | €93,491 | +€30,322 | +48.0% |
Next steps
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.