APOTHEEK VINCK: 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 VINCK
Largest movements
- Cash +€79,106
up €79,106 (+85.3%), from €92,691 to €171,797
mainly Net result for the year (+€83,233) and Depreciation (+€67,089)
- Intangible fixed assets -€44,000
down €44,000 (-27.3%), from €161,173 to €117,173
- Tangible fixed assets -€21,867
down €21,867 (-19.6%), from €111,601 to €89,734
of which Furniture and vehicles: -€18,140
- Reserves +€83,233
up €83,233 (+29.3%), from €284,523 to €367,756
- Debts after one year -€62,021
down €62,021 (-71.6%), from €86,576 to €24,556
of which Other amounts payable: -€50,000
- Current portion of long-term debt -€8,866
down €8,866 (-23.0%), from €38,504 to €29,638
- Other debts +€8,005
up €8,005 (+17.4%), from €46,006 to €54,011
- Tax, wage and social debts -€7,969
down €7,969 (-29.4%), from €27,094 to €19,124
of which Taxes: -€4,882
- Gross operating margin +€24,018
up €24,018 (+13.3%), from €180,730 to €204,749
- Taxes +€9,515
up €9,515 (+38.5%), from €24,737 to €34,252
- Staff costs -€2,084
down €2,084 (-10.3%), from €20,272 to €18,188
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 | €557,287 | €572,937 | +€15,651 | +2.8% |
| Fixed assets | 21/28 | €272,773 | €206,907 | -€65,867 | -24.1% |
| Intangible fixed assets | 21 | €161,173 | €117,173 | -€44,000 | -27.3% |
| Tangible fixed assets | 22/27 | €111,601 | €89,734 | -€21,867 | -19.6% |
| Plant, machinery and equipment | 23 | €38,850 | €35,122 | -€3,727 | -9.6% |
| Furniture and vehicles | 24 | €72,751 | €54,612 | -€18,140 | -24.9% |
| Current assets | 29/58 | €284,513 | €366,031 | +€81,517 | +28.7% |
| Stocks and contracts in progress | 3 | €60,644 | €60,686 | +€42 | +0.1% |
| Stocks | 30/36 | €60,644 | €60,686 | +€42 | +0.1% |
| Amounts receivable within one year | 40/41 | €20,655 | €17,074 | -€3,581 | -17.3% |
| Trade receivables | 40 | €18,719 | €16,102 | -€2,618 | -14.0% |
| Other amounts receivable | 41 | €1,936 | €972 | -€963 | -49.8% |
| Current investments | 50/53 | €110,315 | €112,302 | +€1,987 | +1.8% |
| Cash at bank and in hand | 54/58 | €92,691 | €171,797 | +€79,106 | +85.3% |
| Deferred charges and accrued income | 490/1 | €209 | €4,173 | +€3,964 | +1,897% |
| Total equity and liabilities | 10/49 | €557,287 | €572,937 | +€15,651 | +2.8% |
| Equity | 10/15 | €294,523 | €377,756 | +€83,233 | +28.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €284,523 | €367,756 | +€83,233 | +29.3% |
| Distributable reserves | 133 | €284,523 | €367,756 | +€83,233 | +29.3% |
| Amounts payable | 17/49 | €262,764 | €195,182 | -€67,582 | -25.7% |
| Amounts payable after more than one year | 17 | €86,576 | €24,556 | -€62,021 | -71.6% |
| Financial debts | 170/4 | €36,576 | €24,556 | -€12,021 | -32.9% |
| Other amounts payable | 178/9 | €50,000 | - | -€50,000 | |
| Amounts payable within one year | 42/48 | €174,629 | €166,549 | -€8,080 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €38,504 | €29,638 | -€8,866 | -23.0% |
| Trade debts | 44 | €63,025 | €63,776 | +€750 | +1.2% |
| Suppliers | 440/4 | €63,025 | €63,776 | +€750 | +1.2% |
| Taxes, remuneration and social security | 45 | €27,094 | €19,124 | -€7,969 | -29.4% |
| Taxes | 450/3 | €24,006 | €19,124 | -€4,882 | -20.3% |
| Remuneration and social security | 454/9 | €3,087 | - | -€3,087 | |
| Other amounts payable | 47/48 | €46,006 | €54,011 | +€8,005 | +17.4% |
| Accrued charges and deferred income | 492/3 | €1,559 | €4,077 | +€2,518 | +162% |
| Non-recurring operating income | 76A | €0 | €0 | -€0 | -63.2% |
| Remuneration, social security and pensions | 62 | €20,272 | €18,188 | -€2,084 | -10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,079 | €67,089 | +€1,010 | +1.5% |
| Other operating charges | 640/8 | €1,460 | €1,560 | +€100 | +6.9% |
| Non-recurring operating charges | 66A | €0 | - | -€0 | |
| Gross operating margin | 9900 | €180,730 | €204,749 | +€24,018 | +13.3% |
| Operating profit (loss) | 9901 | €92,920 | €117,912 | +€24,993 | +26.9% |
| Financial income | 75/76B | €1,450 | €2,825 | +€1,374 | +94.8% |
| Recurring financial income | 75 | €1,450 | €2,825 | +€1,374 | +94.8% |
| Financial charges | 65/66B | €4,723 | €3,252 | -€1,471 | -31.1% |
| Recurring financial charges | 65 | €4,723 | €3,252 | -€1,471 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €89,647 | €117,485 | +€27,838 | +31.1% |
| Income taxes | 67/77 | €24,737 | €34,252 | +€9,515 | +38.5% |
| Profit (loss) for the period | 9904 | €64,909 | €83,233 | +€18,324 | +28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €64,909 | €83,233 | +€18,324 | +28.2% |
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 16 October 2026 via checked.be.