APOTHEEK ZUID: what changed
What changed
APOTHEEK ZUID
NACE 82.990, Other business support services
filed annual accounts (NBB)
Net result for the year
€24,397
2024 · €25,218-€821
Equity
€416,628
2024 · €393,898+€22,731
Cash
€40,503
2024 · €31,736+€8,767
Balance sheet total
€458,503
2024 · €464,329-€5,826
Largest movements
Assets
- Tangible fixed assets -€13,781
down €13,781 (-21.4%), from €64,406 to €50,625
of which Furniture and vehicles: -€13,766
- Cash +€8,767
up €8,767 (+27.6%), from €31,736 to €40,503
mainly Net result for the year (+€24,397) and Depreciation (+€13,781)
Equity and liabilities
- Debts after one year -€26,538
down €26,538 (-79.6%), from €33,347 to €6,809
- Reserves +€22,731
up €22,731 (+6.1%), from €375,348 to €398,078
of which Distributable reserves: +€22,731
Income statement
- Gross operating margin +€9,243
up €9,243 (+22.3%), from €41,463 to €50,706
- Depreciation +€9,208
up €9,208 (+201%), from €4,573 to €13,781
- Financial charges +€1,047
up €1,047 (+69.8%), from €1,500 to €2,547
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
€25,218
Gross operating margin
+€9,243
Depreciation
-€9,208
Other operating charges
+€16
Financial income
+€7
Financial charges
-€1,047
Taxes
+€168
Result 2025
€24,397
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
+€37,274
Investment
-€1,388
Financing
-€27,120
Cash 2024
€31,736
From operations (derived)
+€37,274
Net result for the year
+€24,397
Depreciation
+€13,781
Receivables within one year
+€2,330
Deferred charges and accrued income
-€131
Trade debts
+€98
Tax, wage and social debts
-€3,155
Smaller working-capital items
-€46
Investment (derived)
-€1,388
Current investments
-€1,388
Financing
-€27,120
Debts after one year
-€26,538
Current portion of long-term debt
+€1,084
Contributions, distributions and other
-€1,666
Cash 2025
€40,503
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €464,329 | €458,503 | -€5,826 | -1.3% |
| Fixed assets | 21/28 | €64,406 | €50,625 | -€13,781 | -21.4% |
| Tangible fixed assets | 22/27 | €64,406 | €50,625 | -€13,781 | -21.4% |
| Plant, machinery and equipment | 23 | €15 | - | -€15 | |
| Furniture and vehicles | 24 | €64,390 | €50,625 | -€13,766 | -21.4% |
| Current assets | 29/58 | €399,923 | €407,878 | +€7,955 | +2.0% |
| Amounts receivable within one year | 40/41 | €9,369 | €7,039 | -€2,330 | -24.9% |
| Trade receivables | 40 | €6,098 | €6,607 | +€508 | +8.3% |
| Other amounts receivable | 41 | €3,271 | €433 | -€2,838 | -86.8% |
| Current investments | 50/53 | €357,673 | €359,061 | +€1,388 | +0.4% |
| Cash at bank and in hand | 54/58 | €31,736 | €40,503 | +€8,767 | +27.6% |
| Deferred charges and accrued income | 490/1 | €1,145 | €1,276 | +€131 | +11.4% |
| Total equity and liabilities | 10/49 | €464,329 | €458,503 | -€5,826 | -1.3% |
| Equity | 10/15 | €393,898 | €416,628 | +€22,731 | +5.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €375,348 | €398,078 | +€22,731 | +6.1% |
| Tax-exempt reserves | 132 | €1,881 | €1,881 | = | 0.0% |
| Distributable reserves | 133 | €373,467 | €396,197 | +€22,731 | +6.1% |
| Amounts payable | 17/49 | €70,431 | €41,875 | -€28,556 | -40.5% |
| Amounts payable after more than one year | 17 | €33,347 | €6,809 | -€26,538 | -79.6% |
| Financial debts | 170/4 | €33,347 | €6,809 | -€26,538 | -79.6% |
| Amounts payable within one year | 42/48 | €37,034 | €35,009 | -€2,025 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €25,454 | €26,538 | +€1,084 | +4.3% |
| Trade debts | 44 | €3,020 | €3,118 | +€98 | +3.2% |
| Suppliers | 440/4 | €3,020 | €3,118 | +€98 | +3.2% |
| Taxes, remuneration and social security | 45 | €6,842 | €3,687 | -€3,155 | -46.1% |
| Taxes | 450/3 | €6,842 | €3,687 | -€3,155 | -46.1% |
| Other amounts payable | 47/48 | €1,718 | €1,666 | -€52 | -3.0% |
| Accrued charges and deferred income | 492/3 | €50 | €57 | +€6 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,573 | €13,781 | +€9,208 | +201% |
| Other operating charges | 640/8 | €535 | €520 | -€16 | -2.9% |
| Gross operating margin | 9900 | €41,463 | €50,706 | +€9,243 | +22.3% |
| Operating profit (loss) | 9901 | €36,354 | €36,405 | +€51 | +0.1% |
| Financial income | 75/76B | €2,338 | €2,345 | +€7 | +0.3% |
| Recurring financial income | 75 | €2,338 | €2,345 | +€7 | +0.3% |
| Financial charges | 65/66B | €1,500 | €2,547 | +€1,047 | +69.8% |
| Recurring financial charges | 65 | €1,500 | €2,547 | +€1,047 | +69.8% |
| Profit (loss) for the period before taxes | 9903 | €37,193 | €36,204 | -€989 | -2.7% |
| Income taxes | 67/77 | €11,975 | €11,807 | -€168 | -1.4% |
| Profit (loss) for the period | 9904 | €25,218 | €24,397 | -€821 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,218 | €24,397 | -€821 | -3.3% |
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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 4 November 2026 via checked.be.