DSDM 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.
DSDM PHARMA
Largest movements
- Tangible fixed assets -€706,695
down €706,695 (-59.2%), from €1.2m to €486,845
of which Furniture and vehicles: -€650,194
- Receivables within one year +€326,264
up €326,264 (+1011.1%), from €32,267 to €358,531
of which Other amounts receivable: +€323,284
- Debts after one year -€581,346
down €581,346 (-42.7%), from €1.4m to €779,267
of which Other amounts payable: -€463,302
- Reserves +€211,084
up €211,084 (+53.1%), from €397,806 to €608,891
- Accrued charges and deferred income -€23,919
down €23,919 (-48.5%), from €49,333 to €25,414
- Gross operating margin +€197,706
up €197,706 (+111.9%), from €176,742 to €374,448
- Taxes +€56,060
up €56,060 (+408.0%), from €13,741 to €69,801
- Financial income +€16,020
up €16,020 (+12627.2%), from €127 to €16,147
- Financial charges -€12,517
down €12,517 (-26.5%), from €47,244 to €34,727
- Depreciation -€9,774
down €9,774 (-11.9%), from €82,008 to €72,234
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,032,362 | €1,643,027 | -€389,335 | -19.2% |
| Fixed assets | 21/28 | €1,956,431 | €1,249,736 | -€706,695 | -36.1% |
| Tangible fixed assets | 22/27 | €1,193,540 | €486,845 | -€706,695 | -59.2% |
| Land and buildings | 22 | €299,062 | €242,684 | -€56,378 | -18.9% |
| Plant, machinery and equipment | 23 | €989 | €866 | -€123 | -12.4% |
| Furniture and vehicles | 24 | €893,489 | €243,295 | -€650,194 | -72.8% |
| Financial fixed assets | 28 | €762,891 | €762,891 | = | 0.0% |
| Current assets | 29/58 | €75,930 | €393,291 | +€317,360 | +418.0% |
| Amounts receivable within one year | 40/41 | €32,267 | €358,531 | +€326,264 | +1011.1% |
| Trade receivables | 40 | €18,417 | €21,397 | +€2,980 | +16.2% |
| Other amounts receivable | 41 | €13,850 | €337,134 | +€323,284 | +2334.2% |
| Cash at bank and in hand | 54/58 | €43,664 | €30,149 | -€13,514 | -31.0% |
| Deferred charges and accrued income | 490/1 | €0 | €4,610 | +€4,610 | |
| Total equity and liabilities | 10/49 | €2,032,362 | €1,643,027 | -€389,335 | -19.2% |
| Equity | 10/15 | €424,806 | €635,891 | +€211,084 | +49.7% |
| Contributions | 10/11 | €27,000 | €27,000 | = | 0.0% |
| Reserves | 13 | €397,806 | €608,891 | +€211,084 | +53.1% |
| Distributable reserves | 133 | €397,806 | €608,891 | +€211,084 | +53.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,607,555 | €1,007,136 | -€600,419 | -37.3% |
| Amounts payable after more than one year | 17 | €1,360,613 | €779,267 | -€581,346 | -42.7% |
| Financial debts | 170/4 | €818,029 | €699,985 | -€118,044 | -14.4% |
| Other amounts payable | 178/9 | €542,584 | €79,282 | -€463,302 | -85.4% |
| Amounts payable within one year | 42/48 | €197,609 | €202,455 | +€4,846 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €113,745 | €121,242 | +€7,498 | +6.6% |
| Trade debts | 44 | €6,880 | €4,460 | -€2,419 | -35.2% |
| Suppliers | 440/4 | €6,880 | €4,460 | -€2,419 | -35.2% |
| Taxes, remuneration and social security | 45 | €76,984 | €76,752 | -€232 | -0.3% |
| Taxes | 450/3 | €71,346 | €76,752 | +€5,406 | +7.6% |
| Remuneration and social security | 454/9 | €5,638 | €0 | -€5,638 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €49,333 | €25,414 | -€23,919 | -48.5% |
| Non-recurring operating income | 76A | - | €97,693 | +€97,693 | |
| Remuneration, social security and pensions | 62 | €50 | €0 | -€50 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,008 | €72,234 | -€9,774 | -11.9% |
| Other operating charges | 640/8 | €2,940 | €2,513 | -€427 | -14.5% |
| Non-recurring operating charges | 66A | - | €237 | +€237 | |
| Gross operating margin | 9900 | €176,742 | €374,448 | +€197,706 | +111.9% |
| Operating profit (loss) | 9901 | €91,744 | €299,465 | +€207,721 | +226.4% |
| Financial income | 75/76B | €127 | €16,147 | +€16,020 | +12627.2% |
| Recurring financial income | 75 | €127 | €16,147 | +€16,020 | +12627.2% |
| Financial charges | 65/66B | €47,244 | €34,727 | -€12,517 | -26.5% |
| Recurring financial charges | 65 | €47,244 | €34,727 | -€12,517 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €44,627 | €280,885 | +€236,258 | +529.4% |
| Income taxes | 67/77 | €13,741 | €69,801 | +€56,060 | +408.0% |
| Profit (loss) for the period | 9904 | €30,886 | €211,084 | +€180,198 | +583.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,886 | €211,084 | +€180,198 | +583.4% |
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 9 October 2026 via checked.be.