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BOPRE: what changed

Two fiscal 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.

What changed

BOPRE

BE 0430.198.364
NACE 47.730, Retail sale of pharmaceutical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€15,081
2024 · €9,610+€5,471
Equity
€99,842
2024 · €84,761+€15,081
Cash
€90,248
2024 · €72,654+€17,594
Balance sheet total
€191,198
2024 · €362,015-€170,818

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€183,432

    down €183,432 (-87.3%), from €210,050 to €26,617

    of which Trade receivables: -€114,203

  • Cash +€17,594

    up €17,594 (+24.2%), from €72,654 to €90,248

    mainly Receivables within one year (+€183,432) and Net result for the year (+€15,081)

  • Stocks and contracts -€4,156

    down €4,156 (-7.4%), from €55,955 to €51,799

Equity and liabilities
  • Trade debts -€123,949

    down €123,949 (-72.2%), from €171,755 to €47,806

  • Other debts -€64,426

    down €64,426 (-63.3%), from €101,774 to €37,347

  • Reserves +€15,081

    up €15,081 (+90.9%), from €16,590 to €31,671

    of which Distributable reserves: +€15,081

  • Tax, wage and social debts +€4,588

    up €4,588 (+800.7%), from €573 to €5,161

Income statement
  • Depreciation -€5,548

    down €5,548 (-85.2%), from €6,509 to €961

  • Gross operating margin -€2,487

    down €2,487 (-7.9%), from €31,534 to €29,047

  • Other operating charges -€2,447

    down €2,447 (-39.7%), from €6,166 to €3,719

  • Taxes +€1,585

    up €1,585 (+26.1%), from €6,079 to €7,664

  • Financial charges -€1,550

    down €1,550 (-46.3%), from €3,346 to €1,796

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €9,610
Gross operating margin -€2,487
Depreciation +€5,548
Other operating charges +€2,447
Financial income -€2
Financial charges +€1,550
Taxes -€1,585
Result 2025 €15,081

Cash bridge derived

cash 2024 to 2025

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.

From operations +€19,917
Investment €0
Financing -€2,323
Cash 2024 €72,654
Net result for the year +€15,081
Depreciation +€961
Stocks and contracts +€4,156
Receivables within one year +€183,432
Smaller working-capital items +€73
Trade debts -€123,949
Tax, wage and social debts +€4,588
Other debts -€64,426
Current portion of long-term debt -€2,323
Cash 2025 €90,248
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €362,015 €191,198 -€170,818 -47.2%
Fixed assets 21/28 €1,397 €436 -€961 -68.8%
Tangible fixed assets 22/27 €1,397 €436 -€961 -68.8%
Furniture and vehicles 24 €1,397 €436 -€961 -68.8%
Current assets 29/58 €360,618 €190,762 -€169,857 -47.1%
Amounts receivable after more than one year 29 €6,073 €6,073 = 0.0%
Other amounts receivable 291 €6,073 €6,073 = 0.0%
Stocks and contracts in progress 3 €55,955 €51,799 -€4,156 -7.4%
Stocks 30/36 €55,955 €51,799 -€4,156 -7.4%
Amounts receivable within one year 40/41 €210,050 €26,617 -€183,432 -87.3%
Trade receivables 40 €140,783 €26,581 -€114,203 -81.1%
Other amounts receivable 41 €69,266 €37 -€69,230 -99.9%
Current investments 50/53 €12,570 €12,570 = 0.0%
Cash at bank and in hand 54/58 €72,654 €90,248 +€17,594 +24.2%
Deferred charges and accrued income 490/1 €3,316 €3,454 +€138 +4.2%
Total equity and liabilities 10/49 €362,015 €191,198 -€170,818 -47.2%
Equity 10/15 €84,761 €99,842 +€15,081 +17.8%
Contributions 10/11 €68,171 €68,171 = 0.0%
Reserves 13 €16,590 €31,671 +€15,081 +90.9%
Tax-exempt reserves 132 €6,980 €6,980 = 0.0%
Distributable reserves 133 €9,610 €24,691 +€15,081 +156.9%
Amounts payable 17/49 €277,255 €91,356 -€185,899 -67.0%
Amounts payable within one year 42/48 €276,425 €90,315 -€186,110 -67.3%
Current portion of amounts payable after more than one year 42 €2,323 - -€2,323
Trade debts 44 €171,755 €47,806 -€123,949 -72.2%
Suppliers 440/4 €171,755 €47,806 -€123,949 -72.2%
Taxes, remuneration and social security 45 €573 €5,161 +€4,588 +800.7%
Taxes 450/3 €573 €5,161 +€4,588 +800.7%
Other amounts payable 47/48 €101,774 €37,347 -€64,426 -63.3%
Accrued charges and deferred income 492/3 €830 €1,041 +€211 +25.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,509 €961 -€5,548 -85.2%
Other operating charges 640/8 €6,166 €3,719 -€2,447 -39.7%
Gross operating margin 9900 €31,534 €29,047 -€2,487 -7.9%
Operating profit (loss) 9901 €18,859 €24,367 +€5,508 +29.2%
Financial income 75/76B €176 €174 -€2 -1.1%
Recurring financial income 75 €176 €174 -€2 -1.1%
Financial charges 65/66B €3,346 €1,796 -€1,550 -46.3%
Recurring financial charges 65 €3,346 €1,796 -€1,550 -46.3%
Profit (loss) for the period before taxes 9903 €15,689 €22,746 +€7,056 +45.0%
Income taxes 67/77 €6,079 €7,664 +€1,585 +26.1%
Profit (loss) for the period 9904 €9,610 €15,081 +€5,471 +56.9%
Profit (loss) for the period to be appropriated 9905 €9,610 €15,081 +€5,471 +56.9%

Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.