HENRY SCHEIN: 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.
What changed
HENRY SCHEIN
NACE 46.460, Wholesale of pharmaceutical and medical goods
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€1.0m
2023 · -€733,506-€278,553
Equity
€1.1m
2023 · €2.1m-€1.0m
Cash
€137,815
2023 · €334,638-€196,822
Balance sheet total
€13.0m
2023 · €13.9m-€870,184
Largest movements
Assets
- Receivables within one year -€557,159
down €557,159 (-7.1%), from €7.9m to €7.3m
of which Trade receivables: -€553,726
- Cash -€196,822
down €196,822 (-58.8%), from €334,638 to €137,815
mainly Net result for the year (-€1.0m) and Tax, wage and social debts (-€549,773)
Equity and liabilities
- Profit (loss) carried forward -€1.0m
down €1.0m (-4.7%), from -€21.7m to -€22.7m
- Trade debts +€991,290
up €991,290 (+25.4%), from €3.9m to €4.9m
- Tax, wage and social debts -€549,773
down €549,773 (-23.4%), from €2.4m to €1.8m
of which Remuneration and social security: -€288,489
- Advances received -€232,326
down €232,326 (-24.1%), from €965,666 to €733,340
Income statement
- Turnover -€1.3m
down €1.3m (-4.2%), from €32.0m to €30.7m
- Goods and materials -€685,058
down €685,058 (-3.0%), from €22.6m to €21.9m
of which Change in stocks: decrease (increase): -€798,569
- Staff costs -€409,636
down €409,636 (-5.8%), from €7.1m to €6.7m
From the 2023 result to the 2024 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 2023
-€733,506
Turnover
-€1.3m
Other operating income
+€187,300
Goods and materials
+€685,058
Services and other goods
-€253,861
Staff costs
+€409,636
Depreciation
-€15,362
Write-downs
+€247,383
Provisions
-€292,503
Other operating charges
+€99,912
Financial income
-€7,205
Financial charges
-€19,241
Taxes
+€19,640
Result 2024
-€1.0m
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€67,541
Investment
-€42,409
Financing
-€86,872
Cash 2023
€334,638
From operations (derived)
-€67,541
Net result for the year
-€1.0m
Depreciation
+€93,639
Stocks and contracts
+€70,168
Receivables within one year
+€557,159
Deferred charges and accrued income
-€5,196
Provisions
+€121,508
Trade debts
+€991,290
Tax, wage and social debts
-€549,773
Advances received
-€232,326
Other debts
+€14,130
Accrued charges and deferred income
-€116,081
Investment (derived)
-€42,409
Investment in fixed assets (net)
-€42,409
Financing
-€86,872
Debts after one year
+€49,189
Short-term financial debts
-€136,061
Cash 2024
€137,815
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,896,354 | €13,026,170 | -€870,184 | -6.3% |
| Fixed assets | 21/28 | €1,377,596 | €1,326,366 | -€51,230 | -3.7% |
| Intangible fixed assets | 21 | €54,000 | - | -€54,000 | |
| Tangible fixed assets | 22/27 | €142,235 | €135,665 | -€6,570 | -4.6% |
| Plant, machinery and equipment | 23 | €134,071 | €129,191 | -€4,880 | -3.6% |
| Furniture and vehicles | 24 | €8,164 | €6,474 | -€1,690 | -20.7% |
| Financial fixed assets | 28 | €1,181,361 | €1,190,701 | +€9,340 | +0.8% |
| Affiliated companies | 280/1 | €1,077,914 | €1,077,914 | = | 0.0% |
| Participating interests | 280 | €1,077,914 | €1,077,914 | = | 0.0% |
| Other financial fixed assets | 284/8 | €103,447 | €112,787 | +€9,340 | +9.0% |
| Amounts receivable and cash guarantees | 285/8 | €103,447 | €112,787 | +€9,340 | +9.0% |
| Current assets | 29/58 | €12,518,758 | €11,699,804 | -€818,954 | -6.5% |
| Stocks and contracts in progress | 3 | €4,312,344 | €4,242,176 | -€70,168 | -1.6% |
| Stocks | 30/36 | €4,312,344 | €4,242,176 | -€70,168 | -1.6% |
| Goods purchased for resale | 34 | €4,312,344 | €4,242,176 | -€70,168 | -1.6% |
| Amounts receivable within one year | 40/41 | €7,858,750 | €7,301,591 | -€557,159 | -7.1% |
| Trade receivables | 40 | €7,774,506 | €7,220,780 | -€553,726 | -7.1% |
| Other amounts receivable | 41 | €84,244 | €80,811 | -€3,433 | -4.1% |
| Cash at bank and in hand | 54/58 | €334,638 | €137,815 | -€196,822 | -58.8% |
| Deferred charges and accrued income | 490/1 | €13,026 | €18,222 | +€5,196 | +39.9% |
| Total equity and liabilities | 10/49 | €13,896,354 | €13,026,170 | -€870,184 | -6.3% |
| Equity | 10/15 | €2,100,265 | €1,088,206 | -€1.0m | -48.2% |
| Contributions | 10/11 | €23,070,916 | €23,070,916 | = | 0.0% |
| Capital | 10 | €23,070,916 | €23,070,916 | = | 0.0% |
| Issued capital | 100 | €23,070,916 | €23,070,916 | = | 0.0% |
| Reserves | 13 | €757,931 | €757,931 | = | 0.0% |
| Non-distributable reserves | 130/1 | €134,328 | €134,328 | = | 0.0% |
| Legal reserve | 130 | €134,328 | €134,328 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,143 | €4,143 | = | 0.0% |
| Distributable reserves | 133 | €619,460 | €619,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,728,582 | -€22,740,641 | -€1.0m | -4.7% |
| Provisions and deferred taxes | 16 | €151,209 | €272,717 | +€121,508 | +80.4% |
| Provisions for liabilities and charges | 160/5 | €151,209 | €272,717 | +€121,508 | +80.4% |
| Other liabilities and charges | 164/5 | €151,209 | €272,717 | +€121,508 | +80.4% |
| Amounts payable | 17/49 | €11,644,880 | €11,665,247 | +€20,367 | +0.2% |
| Amounts payable after more than one year | 17 | €1,211,753 | €1,260,943 | +€49,189 | +4.1% |
| Other amounts payable | 178/9 | €1,211,753 | €1,260,943 | +€49,189 | +4.1% |
| Amounts payable within one year | 42/48 | €9,950,351 | €10,037,610 | +€87,259 | +0.9% |
| Financial debts | 43 | €2,645,564 | €2,509,502 | -€136,061 | -5.1% |
| Credit institutions | 430/8 | €2,645,564 | €2,509,502 | -€136,061 | -5.1% |
| Trade debts | 44 | €3,907,995 | €4,899,285 | +€991,290 | +25.4% |
| Suppliers | 440/4 | €3,907,995 | €4,899,285 | +€991,290 | +25.4% |
| Advances received on contracts in progress | 46 | €965,666 | €733,340 | -€232,326 | -24.1% |
| Taxes, remuneration and social security | 45 | €2,353,016 | €1,803,243 | -€549,773 | -23.4% |
| Taxes | 450/3 | €974,010 | €712,727 | -€261,284 | -26.8% |
| Remuneration and social security | 454/9 | €1,379,005 | €1,090,516 | -€288,489 | -20.9% |
| Other amounts payable | 47/48 | €78,110 | €92,240 | +€14,130 | +18.1% |
| Accrued charges and deferred income | 492/3 | €482,777 | €366,695 | -€116,081 | -24.0% |
| Operating income | 70/76A | €33,934,754 | €32,782,742 | -€1.2m | -3.4% |
| Turnover | 70 | €32,008,638 | €30,669,326 | -€1.3m | -4.2% |
| Other operating income | 74 | €1,926,116 | €2,113,416 | +€187,300 | +9.7% |
| Operating charges | 60/66A | €34,567,440 | €33,687,175 | -€880,265 | -2.5% |
| Goods for resale, raw materials and consumables | 60 | €22,609,066 | €21,924,008 | -€685,058 | -3.0% |
| Purchases | 600/8 | €21,675,273 | €21,788,783 | +€113,510 | +0.5% |
| Change in stocks: decrease (increase) | 609 | €933,794 | €135,225 | -€798,569 | -85.5% |
| Services and other goods | 61 | €4,604,455 | €4,858,315 | +€253,861 | +5.5% |
| Remuneration, social security and pensions | 62 | €7,117,041 | €6,707,405 | -€409,636 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,278 | €93,639 | +€15,362 | +19.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €183,945 | -€63,438 | -€247,383 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€170,994 | €121,508 | +€292,503 | |
| Other operating charges | 640/8 | €145,650 | €45,738 | -€99,912 | -68.6% |
| Operating profit (loss) | 9901 | -€632,686 | -€904,433 | -€271,747 | -43.0% |
| Financial income | 75/76B | €81,574 | €74,369 | -€7,205 | -8.8% |
| Recurring financial income | 75 | €81,574 | €74,369 | -€7,205 | -8.8% |
| Income from financial fixed assets | 750 | €5,866 | €3,263 | -€2,602 | -44.4% |
| Income from current assets | 751 | €9 | - | -€9 | |
| Other financial income | 752/9 | €75,699 | €71,106 | -€4,594 | -6.1% |
| Financial charges | 65/66B | €168,351 | €187,592 | +€19,241 | +11.4% |
| Recurring financial charges | 65 | €168,351 | €187,592 | +€19,241 | +11.4% |
| Debt charges | 650 | €157,875 | €152,189 | -€5,686 | -3.6% |
| Other financial charges | 652/9 | €10,476 | €35,403 | +€24,927 | +238% |
| Profit (loss) for the period before taxes | 9903 | -€719,463 | -€1,017,655 | -€298,193 | -41.4% |
| Income taxes | 67/77 | €14,044 | -€5,596 | -€19,640 | |
| Taxes | 670/3 | €14,044 | €15,926 | +€1,883 | +13.4% |
| Tax adjustments and reversals of tax provisions | 77 | - | €21,522 | +€21,522 | |
| Profit (loss) for the period | 9904 | -€733,506 | -€1,012,059 | -€278,553 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€733,506 | -€1,012,059 | -€278,553 | -38.0% |
Source: filed annual accounts (NBB), financial years ended 30 December 2023 and 28 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.