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CP PHARMA: 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

CP PHARMA

BE 0865.720.644
NACE 47.730, Retail sale of pharmaceutical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€19,546
2024 · €14,685+€4,861
Equity
€351,602
2024 · €732,056-€380,454
Cash
€170,278
2024 · €594,936-€424,659
Balance sheet total
€375,380
2024 · €798,037-€422,658

Largest movements

2024 to 2025
Assets
  • Cash -€424,659

    down €424,659 (-71.4%), from €594,936 to €170,278

    mainly Contributions, distributions and other (-€400,000) and Tax, wage and social debts (-€32,240)

  • Deferred charges and accrued income +€8,749

    up €8,749 (+127.3%), from €6,871 to €15,619

Equity and liabilities
  • Reserves -€380,000

    down €380,000 (-52.9%), from €718,860 to €338,860

    of which Distributable reserves: -€380,000

  • Tax, wage and social debts -€32,240

    down €32,240 (-73.7%), from €43,747 to €11,507

Income statement
  • Gross operating margin +€4,118

    up €4,118 (+18.8%), from €21,912 to €26,030

  • Taxes +€3,196

    up €3,196 (+45.6%), from €7,015 to €10,211

  • Financial income +€2,727

    up €2,727 (+39.7%), from €6,871 to €9,598

  • Other operating charges -€1,267

    down €1,267 (-75.6%), from €1,675 to €409

From the 2024 result to the 2025 result

effect on the 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 €14,685
Gross operating margin +€4,118
Depreciation +€1
Other operating charges +€1,267
Financial income +€2,727
Financial charges -€55
Taxes -€3,196
Result 2025 €19,546

Cash bridge derived

cash 2024 to 2025

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 -€24,659
Investment €0
Financing -€400,000
Cash 2024 €594,936
Net result for the year +€19,546
Depreciation +€5,199
Receivables within one year +€1,548
Deferred charges and accrued income -€8,749
Trade debts -€5,687
Tax, wage and social debts -€32,240
Other debts -€3,914
Accrued charges and deferred income -€362
Contributions, distributions and other -€400,000
Cash 2025 €170,278
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €798,037 €375,380 -€422,658 -53.0%
Fixed assets 21/28 €10,400 €5,201 -€5,199 -50.0%
Tangible fixed assets 22/27 €10,400 €5,201 -€5,199 -50.0%
Furniture and vehicles 24 €10,400 €5,201 -€5,199 -50.0%
Current assets 29/58 €787,637 €370,179 -€417,458 -53.0%
Amounts receivable within one year 40/41 €185,830 €184,282 -€1,548 -0.8%
Trade receivables 40 €15,615 €3,737 -€11,878 -76.1%
Other amounts receivable 41 €170,215 €180,545 +€10,330 +6.1%
Cash at bank and in hand 54/58 €594,936 €170,278 -€424,659 -71.4%
Deferred charges and accrued income 490/1 €6,871 €15,619 +€8,749 +127.3%
Total equity and liabilities 10/49 €798,037 €375,380 -€422,658 -53.0%
Equity 10/15 €732,056 €351,602 -€380,454 -52.0%
Contributions 10/11 €12,400 €12,400 = 0.0%
Reserves 13 €718,860 €338,860 -€380,000 -52.9%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €717,000 €337,000 -€380,000 -53.0%
Profit (loss) carried forward 14 €796 €342 -€454 -57.0%
Amounts payable 17/49 €65,981 €23,778 -€42,203 -64.0%
Amounts payable within one year 42/48 €65,594 €23,753 -€41,841 -63.8%
Trade debts 44 €7,165 €1,478 -€5,687 -79.4%
Suppliers 440/4 €7,165 €1,478 -€5,687 -79.4%
Taxes, remuneration and social security 45 €43,747 €11,507 -€32,240 -73.7%
Taxes 450/3 €43,747 €11,507 -€32,240 -73.7%
Other amounts payable 47/48 €14,682 €10,768 -€3,914 -26.7%
Accrued charges and deferred income 492/3 €387 €25 -€362 -93.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,200 €5,199 -€1 0.0%
Other operating charges 640/8 €1,675 €409 -€1,267 -75.6%
Gross operating margin 9900 €21,912 €26,030 +€4,118 +18.8%
Operating profit (loss) 9901 €15,037 €20,422 +€5,385 +35.8%
Financial income 75/76B €6,871 €9,598 +€2,727 +39.7%
Recurring financial income 75 €6,871 €9,598 +€2,727 +39.7%
Financial charges 65/66B €208 €263 +€55 +26.4%
Recurring financial charges 65 €208 €263 +€55 +26.4%
Profit (loss) for the period before taxes 9903 €21,700 €29,757 +€8,057 +37.1%
Income taxes 67/77 €7,015 €10,211 +€3,196 +45.6%
Profit (loss) for the period 9904 €14,685 €19,546 +€4,861 +33.1%
Profit (loss) for the period to be appropriated 9905 €14,685 €19,546 +€4,861 +33.1%

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 28 September 2026 via checked.be.