Digital 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.
Digital Pharma
Largest movements
- Receivables within one year +€418,109
up €418,109 (+598%), from €69,974 to €488,083
of which Other amounts receivable: +€400,708
- Intangible fixed assets +€69,461
up €69,461 (+9.3%), from €748,895 to €818,356
- Cash +€20,601
up €20,601 (+46.2%), from €44,620 to €65,221
mainly Contributions, distributions and other (+€418,556) and Other debts (+€318,803)
- Contributions +€418,556
up €418,556 (+109%), from €383,775 to €802,331
- Other debts +€318,803
new in 2025: €318,803
- Debts after one year -€184,940
down €184,940 (-28.9%), from €640,105 to €455,164
of which Other amounts payable: -€140,279
- Profit (loss) carried forward -€76,594
down €76,594 (-17.7%), from -€432,565 to -€509,159
- Trade debts +€29,145
up €29,145 (+44.6%), from €65,332 to €94,476
- Gross operating margin +€172,786
up €172,786 (+131%), from €132,344 to €305,130
- Staff costs +€60,080
up €60,080 (+39.8%), from €151,015 to €211,095
- Depreciation +€25,918
up €25,918 (+21.0%), from €123,294 to €149,211
- Financial charges +€11,365
up €11,365 (+128%), from €8,875 to €20,241
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 | €882,018 | €1,387,815 | +€505,797 | +57.3% |
| Fixed assets | 21/28 | €765,504 | €828,005 | +€62,501 | +8.2% |
| Intangible fixed assets | 21 | €748,895 | €818,356 | +€69,461 | +9.3% |
| Tangible fixed assets | 22/27 | €16,358 | €9,399 | -€6,959 | -42.5% |
| Furniture and vehicles | 24 | €16,358 | €9,399 | -€6,959 | -42.5% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €116,514 | €559,810 | +€443,296 | +380% |
| Amounts receivable within one year | 40/41 | €69,974 | €488,083 | +€418,109 | +598% |
| Trade receivables | 40 | €69,974 | €87,375 | +€17,401 | +24.9% |
| Other amounts receivable | 41 | - | €400,708 | +€400,708 | |
| Cash at bank and in hand | 54/58 | €44,620 | €65,221 | +€20,601 | +46.2% |
| Deferred charges and accrued income | 490/1 | €1,920 | €6,506 | +€4,586 | +239% |
| Total equity and liabilities | 10/49 | €882,018 | €1,387,815 | +€505,797 | +57.3% |
| Equity | 10/15 | -€47,948 | €294,014 | +€341,962 | |
| Contributions | 10/11 | €383,775 | €802,331 | +€418,556 | +109% |
| Reserves | 13 | €841 | €841 | = | 0.0% |
| Distributable reserves | 133 | €841 | €841 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€432,565 | -€509,159 | -€76,594 | -17.7% |
| Amounts payable | 17/49 | €929,966 | €1,093,802 | +€163,835 | +17.6% |
| Amounts payable after more than one year | 17 | €640,105 | €455,164 | -€184,940 | -28.9% |
| Financial debts | 170/4 | €114,929 | €70,267 | -€44,661 | -38.9% |
| Other amounts payable | 178/9 | €525,176 | €384,897 | -€140,279 | -26.7% |
| Amounts payable within one year | 42/48 | €163,305 | €497,012 | +€333,707 | +204% |
| Current portion of amounts payable after more than one year | 42 | €72,226 | €44,661 | -€27,565 | -38.2% |
| Trade debts | 44 | €65,332 | €94,476 | +€29,145 | +44.6% |
| Suppliers | 440/4 | €65,332 | €94,476 | +€29,145 | +44.6% |
| Taxes, remuneration and social security | 45 | €25,748 | €39,072 | +€13,324 | +51.7% |
| Taxes | 450/3 | €8,485 | €15,660 | +€7,175 | +84.6% |
| Remuneration and social security | 454/9 | €17,263 | €23,412 | +€6,149 | +35.6% |
| Other amounts payable | 47/48 | - | €318,803 | +€318,803 | |
| Accrued charges and deferred income | 492/3 | €126,557 | €141,625 | +€15,068 | +11.9% |
| Remuneration, social security and pensions | 62 | €151,015 | €211,095 | +€60,080 | +39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,294 | €149,211 | +€25,918 | +21.0% |
| Other operating charges | 640/8 | €413 | €574 | +€161 | +39.0% |
| Gross operating margin | 9900 | €132,344 | €305,130 | +€172,786 | +131% |
| Operating profit (loss) | 9901 | -€142,378 | -€55,750 | +€86,628 | +60.8% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €8,875 | €20,241 | +€11,365 | +128% |
| Recurring financial charges | 65 | €8,875 | €20,241 | +€11,365 | +128% |
| Profit (loss) for the period before taxes | 9903 | -€151,244 | -€75,991 | +€75,252 | +49.8% |
| Income taxes | 67/77 | €348 | €603 | +€255 | +73.2% |
| Profit (loss) for the period | 9904 | -€151,592 | -€76,594 | +€74,998 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€151,592 | -€76,594 | +€74,998 | +49.5% |
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.