PHARMACIE VERCOUTER: 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.
PHARMACIE VERCOUTER
Largest movements
- Tangible fixed assets +€53,294
up €53,294 (+8.0%), from €667,667 to €720,961
of which Land and buildings: +€53,322
- Receivables within one year +€25,421
up €25,421 (+222%), from €11,433 to €36,854
of which Other amounts receivable: +€33,289
- Cash -€16,196
down €16,196 (-76.3%), from €21,215 to €5,019
mainly Investment in fixed assets (net) (-€74,204) and Receivables within one year (-€25,421)
- Debts after one year +€60,849
up €60,849 (+8.0%), from €759,179 to €820,027
of which Financial debts: +€60,849
- Other debts -€18,054
down €18,054 (-81.7%), from €22,105 to €4,050
- Current portion of long-term debt +€11,079
up €11,079 (+64.1%), from €17,273 to €28,352
- Profit (loss) carried forward +€11,030
up €11,030 (+39.6%), from €27,868 to €38,899
- Gross operating margin +€25,665
up €25,665 (+55.1%), from €46,612 to €72,278
- Depreciation +€9,904
up €9,904 (+90.0%), from €11,007 to €20,911
- Financial charges +€9,499
up €9,499 (+31.5%), from €30,194 to €39,692
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.
Derived cash bridge
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 | €890,665 | €953,184 | +€62,519 | +7.0% |
| Fixed assets | 21/28 | €858,018 | €911,311 | +€53,294 | +6.2% |
| Tangible fixed assets | 22/27 | €667,667 | €720,961 | +€53,294 | +8.0% |
| Land and buildings | 22 | €658,508 | €711,830 | +€53,322 | +8.1% |
| Plant, machinery and equipment | 23 | €8,697 | €9,095 | +€398 | +4.6% |
| Furniture and vehicles | 24 | €462 | €36 | -€426 | -92.3% |
| Financial fixed assets | 28 | €190,350 | €190,350 | = | 0.0% |
| Current assets | 29/58 | €32,647 | €41,873 | +€9,226 | +28.3% |
| Amounts receivable within one year | 40/41 | €11,433 | €36,854 | +€25,421 | +222% |
| Trade receivables | 40 | €7,868 | €0 | -€7,868 | -100% |
| Other amounts receivable | 41 | €3,565 | €36,854 | +€33,289 | +934% |
| Cash at bank and in hand | 54/58 | €21,215 | €5,019 | -€16,196 | -76.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €890,665 | €953,184 | +€62,519 | +7.0% |
| Equity | 10/15 | €77,868 | €88,899 | +€11,030 | +14.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,868 | €38,899 | +€11,030 | +39.6% |
| Amounts payable | 17/49 | €812,796 | €864,285 | +€51,489 | +6.3% |
| Amounts payable after more than one year | 17 | €759,179 | €820,027 | +€60,849 | +8.0% |
| Financial debts | 170/4 | €643,759 | €704,607 | +€60,849 | +9.5% |
| Other amounts payable | 178/9 | €115,420 | €115,420 | = | 0.0% |
| Amounts payable within one year | 42/48 | €44,361 | €36,086 | -€8,275 | -18.7% |
| Current portion of amounts payable after more than one year | 42 | €17,273 | €28,352 | +€11,079 | +64.1% |
| Trade debts | 44 | €2,182 | €993 | -€1,189 | -54.5% |
| Suppliers | 440/4 | €2,182 | €993 | -€1,189 | -54.5% |
| Taxes, remuneration and social security | 45 | €2,801 | €2,691 | -€110 | -3.9% |
| Taxes | 450/3 | €1,201 | €1,091 | -€110 | -9.2% |
| Remuneration and social security | 454/9 | €1,600 | €1,600 | = | 0.0% |
| Other amounts payable | 47/48 | €22,105 | €4,050 | -€18,054 | -81.7% |
| Accrued charges and deferred income | 492/3 | €9,257 | €8,172 | -€1,085 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,007 | €20,911 | +€9,904 | +90.0% |
| Other operating charges | 640/8 | €19 | €434 | +€415 | +2,190% |
| Gross operating margin | 9900 | €46,612 | €72,278 | +€25,665 | +55.1% |
| Operating profit (loss) | 9901 | €35,587 | €50,933 | +€15,346 | +43.1% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €30,194 | €39,692 | +€9,499 | +31.5% |
| Recurring financial charges | 65 | €30,194 | €39,692 | +€9,499 | +31.5% |
| Profit (loss) for the period before taxes | 9903 | €5,393 | €11,240 | +€5,847 | +108% |
| Income taxes | 67/77 | €211 | €210 | -€1 | -0.5% |
| Profit (loss) for the period | 9904 | €5,182 | €11,030 | +€5,848 | +113% |
| Profit (loss) for the period to be appropriated | 9905 | €5,182 | €11,030 | +€5,848 | +113% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.