PHARMACIE MINGNEAU: what changed
What changed
PHARMACIE MINGNEAU
NACE 47.730, Retail sale of pharmaceutical products
filed annual accounts (NBB)
Net result for the year
€80,038
2024 · €25,953+€54,085
Equity
€244,197
2024 · €164,159+€80,038
Cash
€110,790
2024 · €51,266+€59,524
Balance sheet total
€1.9m
2024 · €1.8m+€62,598
Largest movements
Assets
- Tangible fixed assets -€82,176
down €82,176 (-5.3%), from €1.6m to €1.5m
- Cash +€59,524
up €59,524 (+116%), from €51,266 to €110,790
mainly Depreciation (+€97,920) and Net result for the year (+€80,038)
- Stocks and contracts +€56,865
up €56,865 (+42.3%), from €134,488 to €191,353
- Receivables within one year +€28,390
up €28,390 (+41.8%), from €67,928 to €96,318
of which Other amounts receivable: +€16,050
Equity and liabilities
- Current portion of long-term debt -€152,517
down €152,517 (-61.4%), from €248,424 to €95,908
- Reserves +€80,038
up €80,038 (+1,291%), from €6,200 to €86,238
of which Distributable reserves: +€80,038
- Debts after one year +€59,092
up €59,092 (+4.6%), from €1.3m to €1.3m
- Trade debts +€46,624
up €46,624 (+76.0%), from €61,329 to €107,952
- Tax, wage and social debts +€27,663
up €27,663 (+135%), from €20,415 to €48,078
of which Taxes: +€21,727
Income statement
- Gross operating margin +€90,641
up €90,641 (+28.6%), from €317,437 to €408,078
- Taxes +€28,344
up €28,344 (+6,883%), from €412 to €28,756
- Other operating charges +€4,176
up €4,176 (+24.2%), from €17,225 to €21,401
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
€25,953
Gross operating margin
+€90,641
Staff costs
+€1,598
Depreciation
-€2,680
Write-downs
-€2,369
Other operating charges
-€4,176
Financial income
+€48
Financial charges
-€633
Taxes
-€28,344
Result 2025
€80,038
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
+€168,693
Investment
-€15,745
Financing
-€93,424
Cash 2024
€51,266
From operations (derived)
+€168,693
Net result for the year
+€80,038
Depreciation
+€97,920
Stocks and contracts
-€56,865
Receivables within one year
-€28,390
Deferred charges and accrued income
+€5
Trade debts
+€46,624
Tax, wage and social debts
+€27,663
Other debts
+€1,698
Investment (derived)
-€15,745
Investment in fixed assets (net)
-€15,745
Financing
-€93,424
Debts after one year
+€59,092
Current portion of long-term debt
-€152,517
Cash 2025
€110,790
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,806,718 | €1,869,315 | +€62,598 | +3.5% |
| Fixed assets | 21/28 | €1,551,633 | €1,469,457 | -€82,176 | -5.3% |
| Tangible fixed assets | 22/27 | €1,551,633 | €1,469,457 | -€82,176 | -5.3% |
| Land and buildings | 22 | €1,092,073 | €1,051,499 | -€40,575 | -3.7% |
| Plant, machinery and equipment | 23 | €451,058 | €411,417 | -€39,641 | -8.8% |
| Furniture and vehicles | 24 | €8,502 | €6,542 | -€1,960 | -23.0% |
| Current assets | 29/58 | €255,085 | €399,858 | +€144,773 | +56.8% |
| Stocks and contracts in progress | 3 | €134,488 | €191,353 | +€56,865 | +42.3% |
| Stocks | 30/36 | €134,488 | €191,353 | +€56,865 | +42.3% |
| Amounts receivable within one year | 40/41 | €67,928 | €96,318 | +€28,390 | +41.8% |
| Trade receivables | 40 | €66,330 | €78,670 | +€12,340 | +18.6% |
| Other amounts receivable | 41 | €1,598 | €17,648 | +€16,050 | +1,004% |
| Cash at bank and in hand | 54/58 | €51,266 | €110,790 | +€59,524 | +116% |
| Deferred charges and accrued income | 490/1 | €1,402 | €1,397 | -€5 | -0.4% |
| Total equity and liabilities | 10/49 | €1,806,718 | €1,869,315 | +€62,598 | +3.5% |
| Equity | 10/15 | €164,159 | €244,197 | +€80,038 | +48.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €86,238 | +€80,038 | +1,291% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | - | €80,038 | +€80,038 | |
| Profit (loss) carried forward | 14 | €95,959 | €95,959 | = | 0.0% |
| Amounts payable | 17/49 | €1,642,559 | €1,625,118 | -€17,440 | -1.1% |
| Amounts payable after more than one year | 17 | €1,271,847 | €1,330,940 | +€59,092 | +4.6% |
| Financial debts | 170/4 | €1,271,847 | €1,330,940 | +€59,092 | +4.6% |
| Amounts payable within one year | 42/48 | €370,711 | €294,179 | -€76,532 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €248,424 | €95,908 | -€152,517 | -61.4% |
| Trade debts | 44 | €61,329 | €107,952 | +€46,624 | +76.0% |
| Suppliers | 440/4 | €61,329 | €107,952 | +€46,624 | +76.0% |
| Taxes, remuneration and social security | 45 | €20,415 | €48,078 | +€27,663 | +135% |
| Taxes | 450/3 | €8,897 | €30,624 | +€21,727 | +244% |
| Remuneration and social security | 454/9 | €11,519 | €17,454 | +€5,936 | +51.5% |
| Other amounts payable | 47/48 | €40,543 | €42,240 | +€1,698 | +4.2% |
| Remuneration, social security and pensions | 62 | €139,192 | €137,594 | -€1,598 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,240 | €97,920 | +€2,680 | +2.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€146 | €2,223 | +€2,369 | |
| Other operating charges | 640/8 | €17,225 | €21,401 | +€4,176 | +24.2% |
| Gross operating margin | 9900 | €317,437 | €408,078 | +€90,641 | +28.6% |
| Operating profit (loss) | 9901 | €65,926 | €148,940 | +€83,014 | +126% |
| Financial income | 75/76B | €69 | €117 | +€48 | +70.5% |
| Recurring financial income | 75 | €69 | €117 | +€48 | +70.5% |
| Financial charges | 65/66B | €39,630 | €40,263 | +€633 | +1.6% |
| Recurring financial charges | 65 | €39,630 | €40,263 | +€633 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €26,364 | €108,794 | +€82,430 | +313% |
| Income taxes | 67/77 | €412 | €28,756 | +€28,344 | +6,883% |
| Profit (loss) for the period | 9904 | €25,953 | €80,038 | +€54,085 | +208% |
| Profit (loss) for the period to be appropriated | 9905 | €25,953 | €80,038 | +€54,085 | +208% |
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 7 November 2026 via checked.be.