CD Farma: 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.
What changed
CD Farma
NACE 64.999, Other financial services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€100,971
2024 · €101,626-€655
Equity
€706,783
2024 · €605,811+€100,971
Cash
€37,440
2024 · €45,350-€7,910
Balance sheet total
€1.2m
2024 · €1.2m+€17,843
Largest movements
Assets
- Tangible fixed assets +€24,016
up €24,016 (+122%), from €19,622 to €43,637
Equity and liabilities
- Reserves +€100,971
up €100,971 (+17.2%), from €587,211 to €688,183
- Debts after one year -€79,627
down €79,627 (-18.1%), from €438,818 to €359,190
- Other debts -€35,423
down €35,423 (-52.4%), from €67,609 to €32,186
- Trade debts +€33,111
up €33,111 (+5,187%), from €638 to €33,750
Income statement
- Depreciation +€3,653
up €3,653 (+84.3%), from €4,331 to €7,984
- Financial charges -€2,497
down €2,497 (-23.0%), from €10,853 to €8,356
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
€101,626
Gross operating margin
-€127
Depreciation
-€3,653
Other operating charges
-€130
Financial income
+€499
Financial charges
+€2,497
Taxes
+€259
Result 2025
€100,971
raises the resultlowers the result
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.
From operations
+€102,532
Investment
-€32,000
Financing
-€78,442
Cash 2024
€45,350
From operations (derived)
+€102,532
Net result for the year
+€100,971
Depreciation
+€7,984
Receivables within one year
-€1,111
Deferred charges and accrued income
-€627
Trade debts
+€33,111
Tax, wage and social debts
-€1,234
Other debts
-€35,423
Accrued charges and deferred income
-€1,140
Investment (derived)
-€32,000
Investment in fixed assets (net)
-€32,000
Financing
-€78,442
Debts after one year
-€79,627
Current portion of long-term debt
+€1,185
Cash 2025
€37,440
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,203,355 | €1,221,199 | +€17,843 | +1.5% |
| Fixed assets | 21/28 | €1,155,201 | €1,179,216 | +€24,016 | +2.1% |
| Tangible fixed assets | 22/27 | €19,622 | €43,637 | +€24,016 | +122% |
| Furniture and vehicles | 24 | €19,622 | €43,637 | +€24,016 | +122% |
| Financial fixed assets | 28 | €1,135,579 | €1,135,579 | = | 0.0% |
| Current assets | 29/58 | €48,155 | €41,982 | -€6,172 | -12.8% |
| Amounts receivable within one year | 40/41 | €31 | €1,142 | +€1,111 | +3,625% |
| Other amounts receivable | 41 | €31 | €1,142 | +€1,111 | +3,625% |
| Cash at bank and in hand | 54/58 | €45,350 | €37,440 | -€7,910 | -17.4% |
| Deferred charges and accrued income | 490/1 | €2,774 | €3,401 | +€627 | +22.6% |
| Total equity and liabilities | 10/49 | €1,203,355 | €1,221,199 | +€17,843 | +1.5% |
| Equity | 10/15 | €605,811 | €706,783 | +€100,971 | +16.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €587,211 | €688,183 | +€100,971 | +17.2% |
| Distributable reserves | 133 | €587,211 | €688,183 | +€100,971 | +17.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €597,544 | €514,416 | -€83,128 | -13.9% |
| Amounts payable after more than one year | 17 | €438,818 | €359,190 | -€79,627 | -18.1% |
| Financial debts | 170/4 | €438,818 | €359,190 | -€79,627 | -18.1% |
| Amounts payable within one year | 42/48 | €156,792 | €154,431 | -€2,361 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €78,442 | €79,627 | +€1,185 | +1.5% |
| Trade debts | 44 | €638 | €33,750 | +€33,111 | +5,187% |
| Suppliers | 440/4 | €638 | €33,750 | +€33,111 | +5,187% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €10,103 | €8,868 | -€1,234 | -12.2% |
| Taxes | 450/3 | €10,103 | €8,868 | -€1,234 | -12.2% |
| Other amounts payable | 47/48 | €67,609 | €32,186 | -€35,423 | -52.4% |
| Accrued charges and deferred income | 492/3 | €1,934 | €794 | -€1,140 | -58.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,331 | €7,984 | +€3,653 | +84.3% |
| Other operating charges | 640/8 | €1,496 | €1,626 | +€130 | +8.7% |
| Gross operating margin | 9900 | €153,102 | €152,975 | -€127 | -0.1% |
| Operating profit (loss) | 9901 | €147,275 | €143,365 | -€3,910 | -2.7% |
| Financial income | 75/76B | - | €499 | +€499 | |
| Recurring financial income | 75 | - | €499 | +€499 | |
| Financial charges | 65/66B | €10,853 | €8,356 | -€2,497 | -23.0% |
| Recurring financial charges | 65 | €10,853 | €8,356 | -€2,497 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €136,422 | €135,508 | -€914 | -0.7% |
| Income taxes | 67/77 | €34,796 | €34,536 | -€259 | -0.7% |
| Profit (loss) for the period | 9904 | €101,626 | €100,971 | -€655 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €101,626 | €100,971 | -€655 | -0.6% |
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.