PHARMACIE MARCOTTY: what changed
What changed
PHARMACIE MARCOTTY
NACE 47.730, Retail sale of pharmaceutical products
filed annual accounts (NBB)
Net result for the year
€91,039
2024 · €28,529+€62,510
Equity
€572,098
2024 · €481,059+€91,039
Cash
€265,717
2024 · €204,814+€60,902
Balance sheet total
€1.0m
2024 · €972,937+€71,340
Largest movements
Assets
- Cash +€60,902
up €60,902 (+29.7%), from €204,814 to €265,717
mainly Net result for the year (+€91,039) and Depreciation (+€15,076)
- Receivables within one year +€26,466
up €26,466 (+8.6%), from €308,911 to €335,377
of which Trade receivables: +€19,658
Equity and liabilities
- Profit (loss) carried forward +€91,039
up €91,039 (+81.9%), from €111,120 to €202,159
- Debts after one year -€20,266
down €20,266 (-6.0%), from €336,218 to €315,952
of which Financial debts: -€13,242
- Tax, wage and social debts +€14,672
up €14,672 (+145%), from €10,127 to €24,799
of which Taxes: +€11,467
- Trade debts -€13,425
down €13,425 (-11.1%), from €121,260 to €107,835
Income statement
- Depreciation -€48,958
down €48,958 (-76.5%), from €64,034 to €15,076
- Gross operating margin +€45,466
up €45,466 (+19.9%), from €228,578 to €274,045
- Taxes +€21,841
up €21,841 (+232%), from €9,409 to €31,250
- Staff costs +€8,590
up €8,590 (+7.7%), from €111,549 to €120,138
Change in the result, 2024 to 2025
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 2024
€28,529
Gross operating margin
+€45,466
Staff costs
-€8,590
Depreciation
+€48,958
Other operating charges
-€161
Financial income
-€181
Financial charges
-€1,142
Taxes
-€21,841
Result 2025
€91,039
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€90,468
Investment
-€7,577
Financing
-€21,988
Cash 2024
€204,814
From operations (derived)
+€90,468
Net result for the year
+€91,039
Depreciation
+€15,076
Stocks and contracts
+€6,081
Receivables within one year
-€26,466
Deferred charges and accrued income
+€2,448
Trade debts
-€13,425
Tax, wage and social debts
+€14,672
Other debts
+€1,043
Investment (derived)
-€7,577
Investment in fixed assets (net)
-€7,577
Financing
-€21,988
Debts after one year
-€20,266
Current portion of long-term debt
+€442
Short-term financial debts
-€2,164
Cash 2025
€265,717
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €972,937 | €1,044,278 | +€71,340 | +7.3% |
| Fixed assets | 21/28 | €337,261 | €329,762 | -€7,499 | -2.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €337,261 | €329,762 | -€7,499 | -2.2% |
| Land and buildings | 22 | €337,261 | €325,486 | -€11,774 | -3.5% |
| Plant, machinery and equipment | 23 | €0 | €4,276 | +€4,276 | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €635,676 | €714,516 | +€78,839 | +12.4% |
| Stocks and contracts in progress | 3 | €119,503 | €113,422 | -€6,081 | -5.1% |
| Stocks | 30/36 | €119,503 | €113,422 | -€6,081 | -5.1% |
| Amounts receivable within one year | 40/41 | €308,911 | €335,377 | +€26,466 | +8.6% |
| Trade receivables | 40 | €71,376 | €91,033 | +€19,658 | +27.5% |
| Other amounts receivable | 41 | €237,535 | €244,343 | +€6,808 | +2.9% |
| Cash at bank and in hand | 54/58 | €204,814 | €265,717 | +€60,902 | +29.7% |
| Deferred charges and accrued income | 490/1 | €2,448 | €0 | -€2,448 | -100% |
| Total equity and liabilities | 10/49 | €972,937 | €1,044,278 | +€71,340 | +7.3% |
| Equity | 10/15 | €481,059 | €572,098 | +€91,039 | +18.9% |
| Contributions | 10/11 | €145,400 | €145,400 | = | 0.0% |
| Capital | 10 | €145,400 | €145,400 | = | 0.0% |
| Issued capital | 100 | €145,400 | €145,400 | = | 0.0% |
| Reserves | 13 | €224,540 | €224,540 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,540 | €14,540 | = | 0.0% |
| Legal reserve | 130 | €14,540 | €14,540 | = | 0.0% |
| Distributable reserves | 133 | €210,000 | €210,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,120 | €202,159 | +€91,039 | +81.9% |
| Amounts payable | 17/49 | €491,878 | €472,180 | -€19,699 | -4.0% |
| Amounts payable after more than one year | 17 | €336,218 | €315,952 | -€20,266 | -6.0% |
| Financial debts | 170/4 | €326,853 | €313,611 | -€13,242 | -4.1% |
| Trade debts | 175 | €9,365 | €2,341 | -€7,024 | -75.0% |
| Amounts payable within one year | 42/48 | €155,660 | €156,228 | +€568 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €19,825 | €20,266 | +€442 | +2.2% |
| Financial debts | 43 | €2,164 | €0 | -€2,164 | -100% |
| Credit institutions | 430/8 | €2,164 | €0 | -€2,164 | -100% |
| Trade debts | 44 | €121,260 | €107,835 | -€13,425 | -11.1% |
| Suppliers | 440/4 | €121,260 | €107,835 | -€13,425 | -11.1% |
| Taxes, remuneration and social security | 45 | €10,127 | €24,799 | +€14,672 | +145% |
| Taxes | 450/3 | €0 | €11,467 | +€11,467 | |
| Remuneration and social security | 454/9 | €10,127 | €13,332 | +€3,205 | +31.6% |
| Other amounts payable | 47/48 | €2,285 | €3,328 | +€1,043 | +45.7% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €111,549 | €120,138 | +€8,590 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,034 | €15,076 | -€48,958 | -76.5% |
| Other operating charges | 640/8 | €2,133 | €2,294 | +€161 | +7.5% |
| Gross operating margin | 9900 | €228,578 | €274,045 | +€45,466 | +19.9% |
| Operating profit (loss) | 9901 | €50,862 | €136,536 | +€85,674 | +168% |
| Financial income | 75/76B | €185 | €4 | -€181 | -97.6% |
| Recurring financial income | 75 | €185 | €4 | -€181 | -97.6% |
| Financial charges | 65/66B | €13,109 | €14,251 | +€1,142 | +8.7% |
| Recurring financial charges | 65 | €13,109 | €14,251 | +€1,142 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €37,938 | €122,289 | +€84,351 | +222% |
| Income taxes | 67/77 | €9,409 | €31,250 | +€21,841 | +232% |
| Profit (loss) for the period | 9904 | €28,529 | €91,039 | +€62,510 | +219% |
| Profit (loss) for the period to be appropriated | 9905 | €28,529 | €91,039 | +€62,510 | +219% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.