ARKOPHARMA BELUX: what changed
What changed
ARKOPHARMA BELUX
NACE 46.460, Wholesale of pharmaceutical and medical goods
filed annual accounts (NBB)
Net result for the year
€68,891
2023 · €399,596-€330,704
Equity
€2.0m
2023 · €1.9m+€68,891
Cash
€136,719
2023 · €86,880+€49,839
Balance sheet total
€5.3m
2023 · €5.4m-€85,501
Largest movements
Assets
- Stocks and contracts -€630,808
down €630,808 (-24.0%), from €2.6m to €2.0m
- Receivables within one year +€542,075
up €542,075 (+33.0%), from €1.6m to €2.2m
of which Other amounts receivable: +€579,289
- Deferred charges and accrued income -€56,037
down €56,037 (-79.2%), from €70,716 to €14,680
Equity and liabilities
- Trade debts -€404,527
down €404,527 (-16.1%), from €2.5m to €2.1m
- Other debts +€284,473
up €284,473 (+54.5%), from €522,002 to €806,474
- Profit (loss) carried forward +€83,515
up €83,515 (+5.4%), from €1.5m to €1.6m
Income statement
- Goods and materials +€192,504
up €192,504 (+4.7%), from €4.1m to €4.3m
of which Change in stocks: decrease (increase): +€1.2m
- Staff costs -€149,533
down €149,533 (-7.5%), from €2.0m to €1.8m
- Services and other goods -€103,606
down €103,606 (-5.0%), from €2.1m to €2.0m
Change in the result, 2023 to 2024
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 2023
€399,596
Turnover
+€64,712
Other operating income
-€17,490
Goods and materials
-€192,504
Services and other goods
+€103,606
Staff costs
+€149,533
Depreciation
-€11,997
Write-downs
-€56,595
Other operating charges
-€2,984
Other operating items
-€348,067
Financial income
-€146
Financial charges
-€38,965
Taxes
+€20,191
Result 2024
€68,891
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€194,906
Investment
-€136,657
Financing
-€8,409
Cash 2023
€86,880
From operations (derived)
+€194,906
Net result for the year
+€68,891
Depreciation
+€127,227
Stocks and contracts
+€630,808
Receivables within one year
-€542,075
Deferred charges and accrued income
+€56,037
Provisions
-€4,847
Trade debts
-€404,527
Tax, wage and social debts
-€21,103
Other debts
+€284,473
Accrued charges and deferred income
+€22
Investment (derived)
-€136,657
Investment in fixed assets (net)
-€136,657
Financing
-€8,409
Debts after one year
-€8,409
Cash 2024
€136,719
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,410,513 | €5,325,013 | -€85,501 | -1.6% |
| Fixed assets | 21/28 | €977,623 | €987,054 | +€9,430 | +1.0% |
| Tangible fixed assets | 22/27 | €977,623 | €987,054 | +€9,430 | +1.0% |
| Land and buildings | 22 | €786,823 | €839,883 | +€53,060 | +6.7% |
| Furniture and vehicles | 24 | €128,430 | €93,210 | -€35,220 | -27.4% |
| Leasing and similar rights | 25 | €62,370 | €53,961 | -€8,409 | -13.5% |
| Financial fixed assets | 28 | €0 | - | = | |
| Affiliated companies | 280/1 | €0 | - | = | |
| Participating interests | 280 | €0 | - | = | |
| Current assets | 29/58 | €4,432,890 | €4,337,959 | -€94,931 | -2.1% |
| Stocks and contracts in progress | 3 | €2,630,367 | €1,999,558 | -€630,808 | -24.0% |
| Stocks | 30/36 | €2,630,367 | €1,999,558 | -€630,808 | -24.0% |
| Goods purchased for resale | 34 | €2,630,367 | €1,999,558 | -€630,808 | -24.0% |
| Amounts receivable within one year | 40/41 | €1,644,927 | €2,187,002 | +€542,075 | +33.0% |
| Trade receivables | 40 | €941,192 | €903,978 | -€37,215 | -4.0% |
| Other amounts receivable | 41 | €703,735 | €1,283,024 | +€579,289 | +82.3% |
| Cash at bank and in hand | 54/58 | €86,880 | €136,719 | +€49,839 | +57.4% |
| Deferred charges and accrued income | 490/1 | €70,716 | €14,680 | -€56,037 | -79.2% |
| Total equity and liabilities | 10/49 | €5,410,513 | €5,325,013 | -€85,501 | -1.6% |
| Equity | 10/15 | €1,912,108 | €1,981,000 | +€68,891 | +3.6% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €245,886 | €231,262 | -€14,623 | -5.9% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €159,990 | €145,367 | -€14,623 | -9.1% |
| Distributable reserves | 133 | €73,396 | €73,396 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,541,223 | €1,624,737 | +€83,515 | +5.4% |
| Provisions and deferred taxes | 16 | €82,928 | €78,080 | -€4,847 | -5.8% |
| Provisions for liabilities and charges | 160/5 | €10,496 | €10,496 | = | 0.0% |
| Other liabilities and charges | 164/5 | €10,496 | €10,496 | = | 0.0% |
| Deferred taxes | 168 | €72,432 | €67,584 | -€4,847 | -6.7% |
| Amounts payable | 17/49 | €3,415,477 | €3,265,933 | -€149,545 | -4.4% |
| Amounts payable after more than one year | 17 | €50,457 | €42,047 | -€8,409 | -16.7% |
| Financial debts | 170/4 | €50,457 | €42,047 | -€8,409 | -16.7% |
| Leasing and similar obligations | 172 | €50,457 | €42,047 | -€8,409 | -16.7% |
| Amounts payable within one year | 42/48 | €3,364,712 | €3,223,554 | -€141,158 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €8,409 | €8,409 | = | 0.0% |
| Trade debts | 44 | €2,506,086 | €2,101,560 | -€404,527 | -16.1% |
| Suppliers | 440/4 | €2,506,086 | €2,101,560 | -€404,527 | -16.1% |
| Taxes, remuneration and social security | 45 | €328,214 | €307,111 | -€21,103 | -6.4% |
| Taxes | 450/3 | €79,667 | €82,879 | +€3,212 | +4.0% |
| Remuneration and social security | 454/9 | €248,548 | €224,232 | -€24,316 | -9.8% |
| Other amounts payable | 47/48 | €522,002 | €806,474 | +€284,473 | +54.5% |
| Accrued charges and deferred income | 492/3 | €309 | €331 | +€22 | +7.2% |
| Operating income | 70/76A | €8,908,635 | €8,607,790 | -€300,845 | -3.4% |
| Turnover | 70 | €8,516,593 | €8,581,305 | +€64,712 | +0.8% |
| Other operating income | 74 | €43,975 | €26,485 | -€17,490 | -39.8% |
| Non-recurring operating income | 76A | €348,067 | - | -€348,067 | |
| Operating charges | 60/66A | €8,340,795 | €8,351,735 | +€10,940 | +0.1% |
| Goods for resale, raw materials and consumables | 60 | €4,075,964 | €4,268,468 | +€192,504 | +4.7% |
| Purchases | 600/8 | €4,781,383 | €3,739,255 | -€1.0m | -21.8% |
| Change in stocks: decrease (increase) | 609 | -€705,419 | €529,213 | +€1.2m | |
| Services and other goods | 61 | €2,072,787 | €1,969,181 | -€103,606 | -5.0% |
| Remuneration, social security and pensions | 62 | €1,999,373 | €1,849,840 | -€149,533 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,230 | €127,227 | +€11,997 | +10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €56,375 | €112,970 | +€56,595 | +100% |
| Other operating charges | 640/8 | €21,066 | €24,050 | +€2,984 | +14.2% |
| Operating profit (loss) | 9901 | €567,840 | €256,055 | -€311,785 | -54.9% |
| Financial income | 75/76B | €146 | - | -€146 | |
| Recurring financial income | 75 | €146 | - | -€146 | |
| Other financial income | 752/9 | €146 | - | -€146 | |
| Financial charges | 65/66B | €100,364 | €139,329 | +€38,965 | +38.8% |
| Recurring financial charges | 65 | €100,364 | €139,329 | +€38,965 | +38.8% |
| Debt charges | 650 | €60,584 | €37,690 | -€22,894 | -37.8% |
| Other financial charges | 652/9 | €39,780 | €101,638 | +€61,858 | +156% |
| Profit (loss) for the period before taxes | 9903 | €467,622 | €116,726 | -€350,896 | -75.0% |
| Transfer from deferred taxes | 780 | €4,847 | €4,847 | = | 0.0% |
| Income taxes | 67/77 | €72,873 | €52,682 | -€20,191 | -27.7% |
| Taxes | 670/3 | €72,873 | €52,682 | -€20,191 | -27.7% |
| Profit (loss) for the period | 9904 | €399,596 | €68,891 | -€330,704 | -82.8% |
| Transfer from tax-exempt reserves | 789 | €14,623 | €14,623 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €414,219 | €83,515 | -€330,704 | -79.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.