Hoffmann Apotheek: 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.
Hoffmann Apotheek
Largest movements
- Tangible fixed assets -€86,424
down €86,424 (-14.7%), from €587,760 to €501,336
- Cash +€62,506
up €62,506 (+21.1%), from €296,736 to €359,242
mainly Depreciation (+€89,494) and Net result for the year (+€53,516)
- Current investments +€50,000
up €50,000 (+6.3%), from €800,000 to €850,000
- Receivables within one year +€39,156
up €39,156 (+19.4%), from €201,640 to €240,796
of which Trade receivables: +€38,599
- Stocks and contracts +€30,463
up €30,463 (+8.8%), from €347,817 to €378,281
- Profit (loss) carried forward +€53,516
up €53,516 (+3.8%), from €1.4m to €1.5m
- Tax, wage and social debts +€28,636
up €28,636 (+35.2%), from €81,431 to €110,067
of which Remuneration and social security: +€25,411
- Gross operating margin -€113,880
down €113,880 (-16.2%), from €701,935 to €588,055
- Staff costs +€41,650
up €41,650 (+11.0%), from €377,696 to €419,346
- Taxes -€36,644
down €36,644 (-64.0%), from €57,216 to €20,573
- Financial income +€13,765
up €13,765 (+280.1%), from €4,914 to €18,680
of which Financial income: +€15,762
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.
Cash bridge derived
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 | €2,248,254 | €2,341,122 | +€92,868 | +4.1% |
| Fixed assets | 21/28 | €592,760 | €506,336 | -€86,424 | -14.6% |
| Tangible fixed assets | 22/27 | €587,760 | €501,336 | -€86,424 | -14.7% |
| Plant, machinery and equipment | 23 | €67,628 | €29,213 | -€38,415 | -56.8% |
| Furniture and vehicles | 24 | €28,007 | €15,947 | -€12,060 | -43.1% |
| Assets under construction and advance payments | 27 | €492,125 | €456,176 | -€35,949 | -7.3% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €1,655,494 | €1,834,786 | +€179,291 | +10.8% |
| Stocks and contracts in progress | 3 | €347,817 | €378,281 | +€30,463 | +8.8% |
| Stocks | 30/36 | €347,817 | €378,281 | +€30,463 | +8.8% |
| Amounts receivable within one year | 40/41 | €201,640 | €240,796 | +€39,156 | +19.4% |
| Trade receivables | 40 | €153,461 | €192,060 | +€38,599 | +25.2% |
| Other amounts receivable | 41 | €48,179 | €48,735 | +€556 | +1.2% |
| Current investments | 50/53 | €800,000 | €850,000 | +€50,000 | +6.3% |
| Cash at bank and in hand | 54/58 | €296,736 | €359,242 | +€62,506 | +21.1% |
| Deferred charges and accrued income | 490/1 | €9,301 | €6,467 | -€2,834 | -30.5% |
| Total equity and liabilities | 10/49 | €2,248,254 | €2,341,122 | +€92,868 | +4.1% |
| Equity | 10/15 | €1,770,497 | €1,824,013 | +€53,516 | +3.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €332,443 | €332,443 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €330,443 | €330,443 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,418,054 | €1,471,570 | +€53,516 | +3.8% |
| Amounts payable | 17/49 | €477,757 | €517,109 | +€39,352 | +8.2% |
| Amounts payable within one year | 42/48 | €469,964 | €507,229 | +€37,265 | +7.9% |
| Trade debts | 44 | €201,501 | €217,436 | +€15,936 | +7.9% |
| Suppliers | 440/4 | €201,501 | €217,436 | +€15,936 | +7.9% |
| Taxes, remuneration and social security | 45 | €81,431 | €110,067 | +€28,636 | +35.2% |
| Taxes | 450/3 | €16,817 | €20,041 | +€3,224 | +19.2% |
| Remuneration and social security | 454/9 | €64,614 | €90,026 | +€25,411 | +39.3% |
| Other amounts payable | 47/48 | €187,032 | €179,726 | -€7,306 | -3.9% |
| Accrued charges and deferred income | 492/3 | €7,793 | €9,879 | +€2,086 | +26.8% |
| Non-recurring operating income | 76A | €4,385 | €602 | -€3,782 | -86.3% |
| Remuneration, social security and pensions | 62 | €377,696 | €419,346 | +€41,650 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,133 | €89,494 | +€1,362 | +1.5% |
| Other operating charges | 640/8 | €3,276 | €3,949 | +€673 | +20.5% |
| Gross operating margin | 9900 | €701,935 | €588,055 | -€113,880 | -16.2% |
| Operating profit (loss) | 9901 | €232,830 | €75,265 | -€157,564 | -67.7% |
| Financial income | 75/76B | €4,914 | €18,680 | +€13,765 | +280.1% |
| Recurring financial income | 75 | €2,918 | €18,680 | +€15,762 | +540.2% |
| Non-recurring financial income | 76B | €1,997 | - | -€1,997 | |
| Financial charges | 65/66B | €15,683 | €19,856 | +€4,173 | +26.6% |
| Recurring financial charges | 65 | €15,683 | €19,856 | +€4,173 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | €222,060 | €74,089 | -€147,972 | -66.6% |
| Income taxes | 67/77 | €57,216 | €20,573 | -€36,644 | -64.0% |
| Profit (loss) for the period | 9904 | €164,844 | €53,516 | -€111,328 | -67.5% |
| Profit (loss) for the period to be appropriated | 9905 | €164,844 | €53,516 | -€111,328 | -67.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.