Apotheek Werchter: 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 Werchter
Largest movements
- Receivables within one year -€19,372
down €19,372 (-13.7%), from €141,860 to €122,489
of which Trade receivables: -€22,011
- Cash +€14,195
up €14,195 (+20.1%), from €70,519 to €84,714
mainly Net result for the year (+€31,864) and Other debts (+€31,000)
- Stocks and contracts +€13,006
up €13,006 (+8.7%), from €148,967 to €161,973
- Intangible fixed assets -€4,200
down €4,200 (-13.7%), from €30,761 to €26,561
- Other debts +€31,000
up €31,000 (+48,438%), from €64 to €31,064
- Trade debts -€23,845
down €23,845 (-31.0%), from €76,893 to €53,048
- Debts after one year -€8,230
down €8,230 (-56.6%), from €14,528 to €6,298
- Gross operating margin +€42,099
up €42,099 (+48.1%), from €87,494 to €129,592
- Staff costs +€9,651
up €9,651 (+13.3%), from €72,641 to €82,292
- Financial charges +€3,977
up €3,977 (+73.2%), from €5,432 to €9,409
- Taxes +€1,965
new in 2025: €1,965
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 | €400,053 | €402,771 | +€2,719 | +0.7% |
| Fixed assets | 21/28 | €36,337 | €31,109 | -€5,228 | -14.4% |
| Intangible fixed assets | 21 | €30,761 | €26,561 | -€4,200 | -13.7% |
| Tangible fixed assets | 22/27 | €2,576 | €1,548 | -€1,028 | -39.9% |
| Plant, machinery and equipment | 23 | €2,576 | €1,548 | -€1,028 | -39.9% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €363,715 | €371,662 | +€7,947 | +2.2% |
| Stocks and contracts in progress | 3 | €148,967 | €161,973 | +€13,006 | +8.7% |
| Stocks | 30/36 | €148,967 | €161,973 | +€13,006 | +8.7% |
| Amounts receivable within one year | 40/41 | €141,860 | €122,489 | -€19,372 | -13.7% |
| Trade receivables | 40 | €116,192 | €94,182 | -€22,011 | -18.9% |
| Other amounts receivable | 41 | €25,668 | €28,307 | +€2,639 | +10.3% |
| Cash at bank and in hand | 54/58 | €70,519 | €84,714 | +€14,195 | +20.1% |
| Deferred charges and accrued income | 490/1 | €2,369 | €2,487 | +€117 | +5.0% |
| Total equity and liabilities | 10/49 | €400,053 | €402,771 | +€2,719 | +0.7% |
| Equity | 10/15 | €209,845 | €210,710 | +€864 | +0.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €148,345 | €149,210 | +€864 | +0.6% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €142,195 | €143,060 | +€864 | +0.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €190,207 | €192,062 | +€1,855 | +1.0% |
| Amounts payable after more than one year | 17 | €14,528 | €6,298 | -€8,230 | -56.6% |
| Financial debts | 170/4 | €14,528 | €6,298 | -€8,230 | -56.6% |
| Amounts payable within one year | 42/48 | €173,979 | €184,997 | +€11,018 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €8,042 | €8,230 | +€188 | +2.3% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €76,893 | €53,048 | -€23,845 | -31.0% |
| Suppliers | 440/4 | €76,893 | €53,048 | -€23,845 | -31.0% |
| Advances received on contracts in progress | 46 | €234 | €0 | -€234 | -100% |
| Taxes, remuneration and social security | 45 | €13,746 | €17,655 | +€3,909 | +28.4% |
| Taxes | 450/3 | €1,935 | €2,262 | +€327 | +16.9% |
| Remuneration and social security | 454/9 | €11,811 | €15,393 | +€3,582 | +30.3% |
| Other amounts payable | 47/48 | €64 | €31,064 | +€31,000 | +48,438% |
| Accrued charges and deferred income | 492/3 | €1,700 | €767 | -€933 | -54.9% |
| Remuneration, social security and pensions | 62 | €72,641 | €82,292 | +€9,651 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,400 | €5,228 | -€1,172 | -18.3% |
| Other operating charges | 640/8 | €838 | €579 | -€258 | -30.9% |
| Gross operating margin | 9900 | €87,494 | €129,592 | +€42,099 | +48.1% |
| Operating profit (loss) | 9901 | €7,615 | €41,493 | +€33,878 | +445% |
| Financial income | 75/76B | €2,109 | €1,746 | -€363 | -17.2% |
| Recurring financial income | 75 | €2,109 | €1,746 | -€363 | -17.2% |
| Financial charges | 65/66B | €5,432 | €9,409 | +€3,977 | +73.2% |
| Recurring financial charges | 65 | €5,432 | €9,409 | +€3,977 | +73.2% |
| Profit (loss) for the period before taxes | 9903 | €4,291 | €33,829 | +€29,538 | +688% |
| Income taxes | 67/77 | - | €1,965 | +€1,965 | |
| Profit (loss) for the period | 9904 | €4,291 | €31,864 | +€27,573 | +643% |
| Profit (loss) for the period to be appropriated | 9905 | €4,291 | €31,864 | +€27,573 | +643% |
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 29 October 2026 via checked.be.