BDM PHARMA: 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.
BDM PHARMA
Largest movements
- Receivables within one year -€13,531
down €13,531 (-26.3%), from €51,472 to €37,941
of which Other amounts receivable: -€28,759
- Other debts +€332,857
up €332,857 (+790%), from €42,157 to €375,015
- Current portion of long-term debt -€317,784
down €317,784 (-90.0%), from €352,967 to €35,183
- Debts after one year -€12,734
down €12,734 (-3.2%), from €394,644 to €381,910
of which Financial debts: -€12,734
- Profit (loss) carried forward -€12,361
down €12,361 (-127%), from -€9,723 to -€22,084
- Taxes -€5,392
down €5,392 (-93.2%), from €5,783 to €391
- Gross operating margin +€3,586
up €3,586 (+68.3%), from €5,250 to €8,836
- Financial charges +€2,194
up €2,194 (+12.1%), from €18,160 to €20,354
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 | €796,374 | €782,662 | -€13,712 | -1.7% |
| Fixed assets | 21/28 | €743,323 | €742,909 | -€414 | -0.1% |
| Tangible fixed assets | 22/27 | €485 | €71 | -€414 | -85.3% |
| Furniture and vehicles | 24 | €485 | €71 | -€414 | -85.3% |
| Financial fixed assets | 28 | €742,837 | €742,837 | = | 0.0% |
| Current assets | 29/58 | €53,051 | €39,753 | -€13,298 | -25.1% |
| Amounts receivable within one year | 40/41 | €51,472 | €37,941 | -€13,531 | -26.3% |
| Trade receivables | 40 | €18,364 | €33,592 | +€15,228 | +82.9% |
| Other amounts receivable | 41 | €33,108 | €4,349 | -€28,759 | -86.9% |
| Cash at bank and in hand | 54/58 | €1,579 | €1,446 | -€133 | -8.4% |
| Deferred charges and accrued income | 490/1 | - | €366 | +€366 | |
| Total equity and liabilities | 10/49 | €796,374 | €782,662 | -€13,712 | -1.7% |
| Equity | 10/15 | -€7,523 | -€19,884 | -€12,361 | -164% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,723 | -€22,084 | -€12,361 | -127% |
| Amounts payable | 17/49 | €803,897 | €802,546 | -€1,351 | -0.2% |
| Amounts payable after more than one year | 17 | €394,644 | €381,910 | -€12,734 | -3.2% |
| Financial debts | 170/4 | €374,644 | €361,910 | -€12,734 | -3.4% |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €409,253 | €420,636 | +€11,383 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €352,967 | €35,183 | -€317,784 | -90.0% |
| Trade debts | 44 | €930 | €4,318 | +€3,388 | +364% |
| Suppliers | 440/4 | €930 | €4,318 | +€3,388 | +364% |
| Taxes, remuneration and social security | 45 | €13,199 | €6,121 | -€7,078 | -53.6% |
| Taxes | 450/3 | €13,199 | €6,121 | -€7,078 | -53.6% |
| Other amounts payable | 47/48 | €42,157 | €375,015 | +€332,857 | +790% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €414 | €414 | = | 0.0% |
| Other operating charges | 640/8 | €63 | €63 | = | 0.0% |
| Gross operating margin | 9900 | €5,250 | €8,836 | +€3,586 | +68.3% |
| Operating profit (loss) | 9901 | €4,773 | €8,359 | +€3,586 | +75.1% |
| Financial income | 75/76B | €13 | €25 | +€12 | +93.2% |
| Recurring financial income | 75 | €13 | €25 | +€12 | +93.2% |
| Financial charges | 65/66B | €18,160 | €20,354 | +€2,194 | +12.1% |
| Recurring financial charges | 65 | €18,160 | €20,354 | +€2,194 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,374 | -€11,970 | +€1,404 | +10.5% |
| Income taxes | 67/77 | €5,783 | €391 | -€5,392 | -93.2% |
| Profit (loss) for the period | 9904 | -€19,157 | -€12,361 | +€6,796 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,157 | -€12,361 | +€6,796 | +35.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.