AUDOPHARMA: 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.
What changed
AUDOPHARMA
NACE 47.730, Retail sale of pharmaceutical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€43,610
2024 · €67,769-€24,158
Equity
€233,319
2024 · €230,709+€2,610
Cash
€131,988
2024 · €129,124+€2,864
Balance sheet total
€483,083
2024 · €464,474+€18,609
Largest movements
Assets
- Receivables within one year +€30,750
up €30,750 (+48.2%), from €63,823 to €94,573
of which Trade receivables: +€30,120
- Tangible fixed assets -€11,237
down €11,237 (-14.0%), from €80,081 to €68,844
of which Plant, machinery and equipment: -€7,088
Equity and liabilities
- Trade debts +€61,425
up €61,425 (+72.9%), from €84,224 to €145,649
- Other debts -€29,333
down €29,333 (-38.8%), from €75,665 to €46,332
- Debts after one year -€13,000
down €13,000 (-25.0%), from €52,000 to €38,999
Income statement
- Staff costs +€17,876
up €17,876 (+50.5%), from €35,371 to €53,247
- Gross operating margin -€6,873
down €6,873 (-5.6%), from €121,653 to €114,780
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.
Result 2024
€67,769
Gross operating margin
-€6,873
Staff costs
-€17,876
Depreciation
+€1,044
Other operating charges
-€5
Financial income
-€323
Financial charges
+€203
Taxes
-€329
Result 2025
€43,610
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.
From operations
+€61,825
Investment
-€4,961
Financing
-€54,000
Cash 2024
€129,124
From operations (derived)
+€61,825
Net result for the year
+€43,610
Depreciation
+€16,198
Stocks and contracts
+€3,788
Receivables within one year
-€30,750
Deferred charges and accrued income
-€20
Trade debts
+€61,425
Tax, wage and social debts
-€3,873
Advances received
+€779
Other debts
-€29,333
Investment (derived)
-€4,961
Investment in fixed assets (net)
-€4,961
Financing
-€54,000
Debts after one year
-€13,000
Contributions, distributions and other
-€41,000
Cash 2025
€131,988
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €464,474 | €483,083 | +€18,609 | +4.0% |
| Fixed assets | 21/28 | €80,081 | €68,844 | -€11,237 | -14.0% |
| Tangible fixed assets | 22/27 | €80,081 | €68,844 | -€11,237 | -14.0% |
| Land and buildings | 22 | €2,987 | €2,575 | -€412 | -13.8% |
| Plant, machinery and equipment | 23 | €45,478 | €38,390 | -€7,088 | -15.6% |
| Furniture and vehicles | 24 | €6,937 | €4,963 | -€1,974 | -28.5% |
| Other tangible fixed assets | 26 | €24,678 | €22,916 | -€1,763 | -7.1% |
| Current assets | 29/58 | €384,393 | €414,238 | +€29,845 | +7.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €190,933 | €187,145 | -€3,788 | -2.0% |
| Stocks | 30/36 | €190,933 | €187,145 | -€3,788 | -2.0% |
| Amounts receivable within one year | 40/41 | €63,823 | €94,573 | +€30,750 | +48.2% |
| Trade receivables | 40 | €55,255 | €85,374 | +€30,120 | +54.5% |
| Other amounts receivable | 41 | €8,569 | €9,199 | +€630 | +7.4% |
| Cash at bank and in hand | 54/58 | €129,124 | €131,988 | +€2,864 | +2.2% |
| Deferred charges and accrued income | 490/1 | €512 | €531 | +€20 | +3.8% |
| Total equity and liabilities | 10/49 | €464,474 | €483,083 | +€18,609 | +4.0% |
| Equity | 10/15 | €230,709 | €233,319 | +€2,610 | +1.1% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €205,909 | €208,519 | +€2,610 | +1.3% |
| Tax-exempt reserves | 132 | €8,412 | €8,412 | = | 0.0% |
| Distributable reserves | 133 | €197,497 | €200,107 | +€2,610 | +1.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €233,765 | €249,764 | +€15,998 | +6.8% |
| Amounts payable after more than one year | 17 | €52,000 | €38,999 | -€13,000 | -25.0% |
| Financial debts | 170/4 | €52,000 | €38,999 | -€13,000 | -25.0% |
| Amounts payable within one year | 42/48 | €181,766 | €210,764 | +€28,998 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €13,000 | €13,000 | = | 0.0% |
| Trade debts | 44 | €84,224 | €145,649 | +€61,425 | +72.9% |
| Suppliers | 440/4 | €84,224 | €145,649 | +€61,425 | +72.9% |
| Advances received on contracts in progress | 46 | - | €779 | +€779 | |
| Taxes, remuneration and social security | 45 | €8,877 | €5,004 | -€3,873 | -43.6% |
| Taxes | 450/3 | €1,379 | €11 | -€1,368 | -99.2% |
| Remuneration and social security | 454/9 | €7,498 | €4,993 | -€2,504 | -33.4% |
| Other amounts payable | 47/48 | €75,665 | €46,332 | -€29,333 | -38.8% |
| Remuneration, social security and pensions | 62 | €35,371 | €53,247 | +€17,876 | +50.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,242 | €16,198 | -€1,044 | -6.1% |
| Other operating charges | 640/8 | €252 | €257 | +€5 | +2.0% |
| Gross operating margin | 9900 | €121,653 | €114,780 | -€6,873 | -5.6% |
| Operating profit (loss) | 9901 | €68,787 | €45,077 | -€23,710 | -34.5% |
| Financial income | 75/76B | €1,319 | €997 | -€323 | -24.4% |
| Recurring financial income | 75 | €1,319 | €997 | -€323 | -24.4% |
| Financial charges | 65/66B | €1,156 | €953 | -€203 | -17.5% |
| Recurring financial charges | 65 | €1,156 | €953 | -€203 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €68,951 | €45,121 | -€23,830 | -34.6% |
| Income taxes | 67/77 | €1,182 | €1,511 | +€329 | +27.8% |
| Profit (loss) for the period | 9904 | €67,769 | €43,610 | -€24,158 | -35.6% |
| Transfer from tax-exempt reserves | 789 | €3,718 | €0 | -€3,718 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,487 | €43,610 | -€27,877 | -39.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.