PHARMACIE VANNESTE: what changed
PHARMACIE VANNESTE
Largest movements
- Tangible fixed assets +€311,678
up €311,678 (+98.4%), from €316,612 to €628,290
of which Plant, machinery and equipment: +€250,472
- Stocks and contracts +€38,547
up €38,547 (+40.6%), from €94,850 to €133,397
- Cash +€25,774
up €25,774 (+31.9%), from €80,884 to €106,658
mainly Debts after one year (+€254,816) and Net result for the year (+€85,981)
- Deferred charges and accrued income -€17,659
down €17,659 (-89.8%), from €19,656 to €1,997
- Receivables within one year +€10,987
up €10,987 (+12.9%), from €84,844 to €95,831
of which Trade receivables: +€11,663
- Debts after one year +€254,816
up €254,816 (+83.8%), from €303,929 to €558,746
- Reserves +€54,600
up €54,600 (+65.8%), from €82,935 to €137,535
of which Distributable reserves: +€54,600
- Profit (loss) carried forward -€28,619
down €28,619 (-97.6%), from €29,327 to €707
- Other debts +€28,188
up €28,188 (+75.2%), from €37,500 to €65,688
- Trade debts +€25,815
up €25,815 (+47.3%), from €54,554 to €80,369
- Gross operating margin +€51,378
up €51,378 (+24.5%), from €209,671 to €261,049
- Depreciation -€19,816
down €19,816 (-39.7%), from €49,909 to €30,093
- Financial charges +€11,495
up €11,495 (+195%), from €5,894 to €17,389
- Staff costs +€8,875
up €8,875 (+9.1%), from €97,810 to €106,685
- Taxes +€7,468
up €7,468 (+72.3%), from €10,327 to €17,795
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €603,865 | €966,243 | +€362,378 | +60.0% |
| Fixed assets | 21/28 | €323,631 | €628,360 | +€304,729 | +94.2% |
| Tangible fixed assets | 22/27 | €316,612 | €628,290 | +€311,678 | +98.4% |
| Land and buildings | 22 | €314,437 | €302,317 | -€12,120 | -3.9% |
| Plant, machinery and equipment | 23 | - | €250,472 | +€250,472 | |
| Furniture and vehicles | 24 | €2,175 | €75,502 | +€73,326 | +3,371% |
| Financial fixed assets | 28 | €7,019 | €70 | -€6,949 | -99.0% |
| Current assets | 29/58 | €280,234 | €337,883 | +€57,648 | +20.6% |
| Stocks and contracts in progress | 3 | €94,850 | €133,397 | +€38,547 | +40.6% |
| Stocks | 30/36 | €94,850 | €133,397 | +€38,547 | +40.6% |
| Amounts receivable within one year | 40/41 | €84,844 | €95,831 | +€10,987 | +12.9% |
| Trade receivables | 40 | €79,697 | €91,360 | +€11,663 | +14.6% |
| Other amounts receivable | 41 | €5,146 | €4,470 | -€676 | -13.1% |
| Cash at bank and in hand | 54/58 | €80,884 | €106,658 | +€25,774 | +31.9% |
| Deferred charges and accrued income | 490/1 | €19,656 | €1,997 | -€17,659 | -89.8% |
| Total equity and liabilities | 10/49 | €603,865 | €966,243 | +€362,378 | +60.0% |
| Equity | 10/15 | €174,262 | €200,243 | +€25,981 | +14.9% |
| 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 | €82,935 | €137,535 | +€54,600 | +65.8% |
| Non-distributable reserves | 130/1 | €10,535 | €10,535 | = | 0.0% |
| Legal reserve | 130 | €10,535 | €10,535 | = | 0.0% |
| Distributable reserves | 133 | €72,400 | €127,000 | +€54,600 | +75.4% |
| Profit (loss) carried forward | 14 | €29,327 | €707 | -€28,619 | -97.6% |
| Amounts payable | 17/49 | €429,603 | €766,000 | +€336,397 | +78.3% |
| Amounts payable after more than one year | 17 | €303,929 | €558,746 | +€254,816 | +83.8% |
| Financial debts | 170/4 | €303,929 | €558,746 | +€254,816 | +83.8% |
| Amounts payable within one year | 42/48 | €125,616 | €207,238 | +€81,622 | +65.0% |
| Current portion of amounts payable after more than one year | 42 | €12,392 | €31,850 | +€19,458 | +157% |
| Trade debts | 44 | €54,554 | €80,369 | +€25,815 | +47.3% |
| Suppliers | 440/4 | €54,554 | €80,369 | +€25,815 | +47.3% |
| Taxes, remuneration and social security | 45 | €21,170 | €29,330 | +€8,160 | +38.5% |
| Taxes | 450/3 | €12,838 | €15,824 | +€2,985 | +23.3% |
| Remuneration and social security | 454/9 | €8,331 | €13,506 | +€5,175 | +62.1% |
| Other amounts payable | 47/48 | €37,500 | €65,688 | +€28,188 | +75.2% |
| Accrued charges and deferred income | 492/3 | €57 | €16 | -€41 | -71.4% |
| Non-recurring operating income | 76A | €2,205 | - | -€2,205 | |
| Remuneration, social security and pensions | 62 | €97,810 | €106,685 | +€8,875 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,909 | €30,093 | -€19,816 | -39.7% |
| Other operating charges | 640/8 | €1,450 | €3,300 | +€1,850 | +128% |
| Non-recurring operating charges | 66A | €266 | - | -€266 | |
| Gross operating margin | 9900 | €209,671 | €261,049 | +€51,378 | +24.5% |
| Operating profit (loss) | 9901 | €60,236 | €120,970 | +€60,735 | +101% |
| Financial income | 75/76B | €623 | €195 | -€429 | -68.8% |
| Recurring financial income | 75 | €623 | €195 | -€429 | -68.8% |
| Financial charges | 65/66B | €5,894 | €17,389 | +€11,495 | +195% |
| Recurring financial charges | 65 | €5,894 | €17,389 | +€11,495 | +195% |
| Profit (loss) for the period before taxes | 9903 | €54,965 | €103,776 | +€48,811 | +88.8% |
| Income taxes | 67/77 | €10,327 | €17,795 | +€7,468 | +72.3% |
| Profit (loss) for the period | 9904 | €44,638 | €85,981 | +€41,343 | +92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,638 | €85,981 | +€41,343 | +92.6% |
Next steps
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 3 November 2026 via checked.be.