ARENDSAPOTHEEK: 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.
ARENDSAPOTHEEK
Largest movements
- Tangible fixed assets -€26,075
down €26,075 (-28.8%), from €90,651 to €64,576
- Stocks and contracts +€8,148
up €8,148 (+5.0%), from €163,645 to €171,792
- Cash +€7,517
up €7,517 (+4.6%), from €164,970 to €172,487
mainly Other debts (+€42,685) and Depreciation (+€27,015)
- Receivables within one year -€6,043
down €6,043 (-7.4%), from €81,750 to €75,707
of which Other amounts receivable: -€8,055
- Reserves -€63,363
down €63,363 (-17.5%), from €362,386 to €299,023
of which Distributable reserves: -€63,363
- Other debts +€42,685
up €42,685, from €0 to €42,685
- Gross operating margin -€8,636
down €8,636 (-6.2%), from €138,646 to €130,010
- Staff costs +€8,241
up €8,241 (+10.5%), from €78,257 to €86,498
- Taxes -€4,980
down €4,980 (-48.2%), from €10,330 to €5,350
- Financial charges +€2,229
up €2,229 (+145%), from €1,533 to €3,761
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 | €504,978 | €488,654 | -€16,324 | -3.2% |
| Fixed assets | 21/28 | €90,651 | €64,576 | -€26,075 | -28.8% |
| Tangible fixed assets | 22/27 | €90,651 | €64,576 | -€26,075 | -28.8% |
| Plant, machinery and equipment | 23 | €27,638 | €15,083 | -€12,555 | -45.4% |
| Furniture and vehicles | 24 | €13,469 | €9,587 | -€3,883 | -28.8% |
| Other tangible fixed assets | 26 | €49,544 | €39,906 | -€9,638 | -19.5% |
| Current assets | 29/58 | €414,327 | €424,078 | +€9,751 | +2.4% |
| Stocks and contracts in progress | 3 | €163,645 | €171,792 | +€8,148 | +5.0% |
| Stocks | 30/36 | €163,645 | €171,792 | +€8,148 | +5.0% |
| Amounts receivable within one year | 40/41 | €81,750 | €75,707 | -€6,043 | -7.4% |
| Trade receivables | 40 | €73,484 | €75,495 | +€2,012 | +2.7% |
| Other amounts receivable | 41 | €8,266 | €211 | -€8,055 | -97.4% |
| Cash at bank and in hand | 54/58 | €164,970 | €172,487 | +€7,517 | +4.6% |
| Deferred charges and accrued income | 490/1 | €3,963 | €4,092 | +€129 | +3.3% |
| Total equity and liabilities | 10/49 | €504,978 | €488,654 | -€16,324 | -3.2% |
| Equity | 10/15 | €399,886 | €336,523 | -€63,363 | -15.8% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €362,386 | €299,023 | -€63,363 | -17.5% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €362,386 | €299,023 | -€63,363 | -17.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €20,218 | €20,218 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,218 | €20,218 | = | 0.0% |
| Pensions and similar obligations | 160 | €20,218 | €20,218 | = | 0.0% |
| Amounts payable | 17/49 | €84,874 | €131,912 | +€47,039 | +55.4% |
| Amounts payable within one year | 42/48 | €84,789 | €131,826 | +€47,037 | +55.5% |
| Trade debts | 44 | €63,047 | €65,336 | +€2,289 | +3.6% |
| Suppliers | 440/4 | €63,047 | €65,336 | +€2,289 | +3.6% |
| Taxes, remuneration and social security | 45 | €21,743 | €23,806 | +€2,063 | +9.5% |
| Taxes | 450/3 | €10,330 | €12,980 | +€2,650 | +25.7% |
| Remuneration and social security | 454/9 | €11,412 | €10,825 | -€587 | -5.1% |
| Other amounts payable | 47/48 | €0 | €42,685 | +€42,685 | |
| Accrued charges and deferred income | 492/3 | €84 | €86 | +€2 | +2.0% |
| Remuneration, social security and pensions | 62 | €78,257 | €86,498 | +€8,241 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,139 | €27,015 | -€1,124 | -4.0% |
| Other operating charges | 640/8 | €2,792 | €3,176 | +€384 | +13.7% |
| Gross operating margin | 9900 | €138,646 | €130,010 | -€8,636 | -6.2% |
| Operating profit (loss) | 9901 | €29,457 | €13,321 | -€16,136 | -54.8% |
| Financial income | 75/76B | €2,108 | €1,581 | -€527 | -25.0% |
| Recurring financial income | 75 | €2,108 | €1,581 | -€527 | -25.0% |
| Financial charges | 65/66B | €1,533 | €3,761 | +€2,229 | +145% |
| Recurring financial charges | 65 | €1,533 | €3,761 | +€2,229 | +145% |
| Profit (loss) for the period before taxes | 9903 | €30,033 | €11,141 | -€18,892 | -62.9% |
| Income taxes | 67/77 | €10,330 | €5,350 | -€4,980 | -48.2% |
| Profit (loss) for the period | 9904 | €19,703 | €5,791 | -€13,911 | -70.6% |
| Transfer from tax-exempt reserves | 789 | €17,800 | €0 | -€17,800 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €37,503 | €5,791 | -€31,711 | -84.6% |
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 23 October 2026 via checked.be.