APOTHEEK WARLOP: what changed
APOTHEEK WARLOP
Largest movements
- Cash +€39,619
up €39,619 (+68.8%), from €57,554 to €97,172
mainly Net result for the year (+€70,798) and Other debts (+€57,199)
- Receivables within one year +€31,708
up €31,708 (+30.4%), from €104,385 to €136,092
of which Trade receivables: +€35,353
- Tangible fixed assets -€8,161
down €8,161 (-47.5%), from €17,166 to €9,005
of which Plant, machinery and equipment: -€6,971
- Other debts +€57,199
up €57,199 (+447%), from €12,801 to €70,000
- Trade debts +€14,608
up €14,608 (+23.5%), from €62,086 to €76,694
- Tax, wage and social debts -€7,496
down €7,496 (-41.8%), from €17,930 to €10,433
of which Remuneration and social security: -€7,575
- Staff costs -€47,856
down €47,856 (-26.8%), from €178,503 to €130,646
- Gross operating margin +€11,833
up €11,833 (+5.5%), from €215,075 to €226,908
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 | €390,590 | €455,699 | +€65,109 | +16.7% |
| Fixed assets | 21/28 | €21,366 | €13,205 | -€8,161 | -38.2% |
| Tangible fixed assets | 22/27 | €17,166 | €9,005 | -€8,161 | -47.5% |
| Plant, machinery and equipment | 23 | €15,976 | €9,005 | -€6,971 | -43.6% |
| Furniture and vehicles | 24 | €1,190 | €0 | -€1,190 | -100% |
| Financial fixed assets | 28 | €4,200 | €4,200 | = | 0.0% |
| Current assets | 29/58 | €369,225 | €442,494 | +€73,270 | +19.8% |
| Stocks and contracts in progress | 3 | €198,706 | €199,179 | +€472 | +0.2% |
| Stocks | 30/36 | €198,706 | €199,179 | +€472 | +0.2% |
| Amounts receivable within one year | 40/41 | €104,385 | €136,092 | +€31,708 | +30.4% |
| Trade receivables | 40 | €92,901 | €128,254 | +€35,353 | +38.1% |
| Other amounts receivable | 41 | €11,484 | €7,838 | -€3,645 | -31.7% |
| Cash at bank and in hand | 54/58 | €57,554 | €97,172 | +€39,619 | +68.8% |
| Deferred charges and accrued income | 490/1 | €8,580 | €10,051 | +€1,472 | +17.2% |
| Total equity and liabilities | 10/49 | €390,590 | €455,699 | +€65,109 | +16.7% |
| Equity | 10/15 | €297,774 | €298,571 | +€798 | +0.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €235,774 | €236,571 | +€798 | +0.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €229,574 | €230,371 | +€798 | +0.3% |
| Amounts payable | 17/49 | €92,817 | €157,128 | +€64,311 | +69.3% |
| Amounts payable within one year | 42/48 | €92,817 | €157,128 | +€64,311 | +69.3% |
| Trade debts | 44 | €62,086 | €76,694 | +€14,608 | +23.5% |
| Suppliers | 440/4 | €62,086 | €76,694 | +€14,608 | +23.5% |
| Taxes, remuneration and social security | 45 | €17,930 | €10,433 | -€7,496 | -41.8% |
| Taxes | 450/3 | - | €78 | +€78 | |
| Remuneration and social security | 454/9 | €17,930 | €10,355 | -€7,575 | -42.2% |
| Other amounts payable | 47/48 | €12,801 | €70,000 | +€57,199 | +447% |
| Remuneration, social security and pensions | 62 | €178,503 | €130,646 | -€47,856 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,358 | €8,161 | -€197 | -2.4% |
| Other operating charges | 640/8 | €1,423 | €1,359 | -€64 | -4.5% |
| Gross operating margin | 9900 | €215,075 | €226,908 | +€11,833 | +5.5% |
| Operating profit (loss) | 9901 | €26,791 | €86,741 | +€59,951 | +224% |
| Financial income | 75/76B | €1,110 | €945 | -€165 | -14.9% |
| Recurring financial income | 75 | €1,110 | €945 | -€165 | -14.9% |
| Financial charges | 65/66B | €15,771 | €15,398 | -€373 | -2.4% |
| Recurring financial charges | 65 | €15,771 | €15,398 | -€373 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €12,130 | €72,289 | +€60,159 | +496% |
| Income taxes | 67/77 | €229 | €1,491 | +€1,262 | +551% |
| Profit (loss) for the period | 9904 | €11,901 | €70,798 | +€58,897 | +495% |
| Profit (loss) for the period to be appropriated | 9905 | €11,901 | €70,798 | +€58,897 | +495% |
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 4 November 2026 via checked.be.