ER-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.
ER-PHARMA
Largest movements
- Receivables within one year +€4,044
up €4,044 (+37.8%), from €10,711 to €14,755
of which Other amounts receivable: +€2,866
- Tangible fixed assets -€1,660
down €1,660 (-63.8%), from €2,602 to €942
- Cash -€1,205
down €1,205 (-2.0%), from €60,561 to €59,357
mainly Tax, wage and social debts (-€11,251) and Receivables within one year (-€4,044)
- Reserves +€13,994
up €13,994 (+34.7%), from €40,325 to €54,319
- Tax, wage and social debts -€11,251
down €11,251 (-40.2%), from €27,988 to €16,737
of which Taxes: -€11,251
- Other debts -€1,064
down €1,064 (-100.0%), from €1,064 to €0
- Financial charges -€580
down €580 (-26.4%), from €2,200 to €1,620
- Other operating charges +€297
up €297 (+68.7%), from €433 to €730
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 | €74,540 | €75,903 | +€1,363 | +1.8% |
| Fixed assets | 21/28 | €2,602 | €942 | -€1,660 | -63.8% |
| Tangible fixed assets | 22/27 | €2,602 | €942 | -€1,660 | -63.8% |
| Furniture and vehicles | 24 | €2,602 | €942 | -€1,660 | -63.8% |
| Current assets | 29/58 | €71,938 | €74,961 | +€3,023 | +4.2% |
| Amounts receivable within one year | 40/41 | €10,711 | €14,755 | +€4,044 | +37.8% |
| Trade receivables | 40 | €10,711 | €11,889 | +€1,178 | +11.0% |
| Other amounts receivable | 41 | €0 | €2,866 | +€2,866 | |
| Cash at bank and in hand | 54/58 | €60,561 | €59,357 | -€1,205 | -2.0% |
| Deferred charges and accrued income | 490/1 | €665 | €850 | +€184 | +27.7% |
| Total equity and liabilities | 10/49 | €74,540 | €75,903 | +€1,363 | +1.8% |
| Equity | 10/15 | €41,825 | €55,819 | +€13,994 | +33.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €40,325 | €54,319 | +€13,994 | +34.7% |
| Distributable reserves | 133 | €40,325 | €54,319 | +€13,994 | +34.7% |
| Amounts payable | 17/49 | €32,715 | €20,084 | -€12,631 | -38.6% |
| Amounts payable within one year | 42/48 | €32,715 | €20,061 | -€12,653 | -38.7% |
| Trade debts | 44 | €3,664 | €3,325 | -€339 | -9.3% |
| Suppliers | 440/4 | €3,664 | €3,325 | -€339 | -9.3% |
| Taxes, remuneration and social security | 45 | €27,988 | €16,737 | -€11,251 | -40.2% |
| Taxes | 450/3 | €27,988 | €16,737 | -€11,251 | -40.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,064 | €0 | -€1,064 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €23 | +€23 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,720 | €1,660 | -€60 | -3.5% |
| Other operating charges | 640/8 | €433 | €730 | +€297 | +68.7% |
| Gross operating margin | 9900 | €24,655 | €24,592 | -€62 | -0.3% |
| Operating profit (loss) | 9901 | €22,502 | €22,202 | -€300 | -1.3% |
| Financial income | 75/76B | €111 | €8 | -€103 | -92.5% |
| Recurring financial income | 75 | €111 | €8 | -€103 | -92.5% |
| Financial charges | 65/66B | €2,200 | €1,620 | -€580 | -26.4% |
| Recurring financial charges | 65 | €2,200 | €1,620 | -€580 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | €20,414 | €20,591 | +€177 | +0.9% |
| Income taxes | 67/77 | €6,785 | €6,597 | -€188 | -2.8% |
| Profit (loss) for the period | 9904 | €13,629 | €13,994 | +€365 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,629 | €13,994 | +€365 | +2.7% |
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 8 October 2026 via checked.be.