FAGRON COMPOUNDING SERVICES: 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
FAGRON COMPOUNDING SERVICES
NACE 46.460, Wholesale of pharmaceutical and medical goods
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€833,622
2024 · €263,263+€570,359
Equity
€1.3m
2024 · €456,496+€833,622
Cash
€1.5m
2024 · €437,573+€1.1m
Balance sheet total
€2.7m
2024 · €1.7m+€988,393
Largest movements
Assets
- Cash +€1.1m
up €1.1m (+253.8%), from €437,573 to €1.5m
mainly Net result for the year (+€833,622) and Trade debts (+€147,131)
- Stocks and contracts -€110,396
down €110,396 (-24.5%), from €450,144 to €339,748
- Tangible fixed assets -€51,681
down €51,681 (-10.3%), from €501,467 to €449,786
of which Land and buildings: -€72,841
- Receivables within one year +€40,027
up €40,027 (+28.4%), from €140,969 to €180,996
of which Trade receivables: +€41,061
Equity and liabilities
- Profit (loss) carried forward +€799,198
up €799,198, from -€145,142 to €654,056
- Trade debts +€147,131
up €147,131 (+19.6%), from €749,685 to €896,816
- Reserves +€34,424
up €34,424 (+112.9%), from €30,488 to €64,912
of which Non-distributable reserves: +€34,424
- Other debts +€32,009
up €32,009 (+481.3%), from €6,650 to €38,659
Income statement
- Turnover +€1.4m
up €1.4m (+27.5%), from €5.1m to €6.5m
- Staff costs +€562,554
up €562,554 (+32.6%), from €1.7m to €2.3m
- Goods and materials +€260,548
up €260,548 (+30.5%), from €853,469 to €1.1m
of which Change in stocks: decrease (increase): +€218,627
- Services and other goods +€127,157
up €127,157 (+6.3%), from €2.0m to €2.1m
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
€263,263
Turnover
+€1.4m
Other operating income
+€33,243
Goods and materials
-€260,548
Services and other goods
-€127,157
Staff costs
-€562,554
Depreciation
+€49,478
Write-downs
+€16,282
Other operating charges
-€3,097
Other operating items
+€18,630
Financial income
+€5,256
Financial charges
+€10,148
Taxes
-€851
Result 2025
€833,622
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.
From operations
+€1.2m
Investment
-€105,307
Financing
€0
Cash 2024
€437,573
From operations (derived)
+€1.2m
Net result for the year
+€833,622
Depreciation
+€135,317
Stocks and contracts
+€110,396
Receivables within one year
-€40,027
Deferred charges and accrued income
+€21,657
Trade debts
+€147,131
Tax, wage and social debts
-€14,861
Other debts
+€32,009
Accrued charges and deferred income
-€9,508
Investment (derived)
-€105,307
Investment in fixed assets (net)
-€105,307
Cash 2025
€1.5m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,674,265 | €2,662,658 | +€988,393 | +59.0% |
| Fixed assets | 21/28 | €590,044 | €560,034 | -€30,010 | -5.1% |
| Intangible fixed assets | 21 | €88,577 | €110,248 | +€21,671 | +24.5% |
| Tangible fixed assets | 22/27 | €501,467 | €449,786 | -€51,681 | -10.3% |
| Land and buildings | 22 | €342,644 | €269,803 | -€72,841 | -21.3% |
| Plant, machinery and equipment | 23 | €123,525 | €152,254 | +€28,729 | +23.3% |
| Furniture and vehicles | 24 | €11,089 | €6,677 | -€4,412 | -39.8% |
| Other tangible fixed assets | 26 | €20,009 | €16,852 | -€3,157 | -15.8% |
| Assets under construction and advance payments | 27 | €4,200 | €4,200 | = | 0.0% |
| Current assets | 29/58 | €1,084,221 | €2,102,624 | +€1.0m | +93.9% |
| Stocks and contracts in progress | 3 | €450,144 | €339,748 | -€110,396 | -24.5% |
| Stocks | 30/36 | €450,144 | €339,748 | -€110,396 | -24.5% |
| Raw materials and consumables | 30/31 | €229,673 | €206,904 | -€22,770 | -9.9% |
| Finished goods | 33 | €220,212 | €132,844 | -€87,368 | -39.7% |
| Goods purchased for resale | 34 | €258 | - | -€258 | |
| Amounts receivable within one year | 40/41 | €140,969 | €180,996 | +€40,027 | +28.4% |
| Trade receivables | 40 | €137,278 | €178,339 | +€41,061 | +29.9% |
| Other amounts receivable | 41 | €3,690 | €2,657 | -€1,033 | -28.0% |
| Cash at bank and in hand | 54/58 | €437,573 | €1,548,002 | +€1.1m | +253.8% |
| Deferred charges and accrued income | 490/1 | €55,536 | €33,878 | -€21,657 | -39.0% |
| Total equity and liabilities | 10/49 | €1,674,265 | €2,662,658 | +€988,393 | +59.0% |
| Equity | 10/15 | €456,496 | €1,290,118 | +€833,622 | +182.6% |
| Contributions | 10/11 | €571,150 | €571,150 | = | 0.0% |
| Capital | 10 | €571,150 | €571,150 | = | 0.0% |
| Issued capital | 100 | €571,150 | €571,150 | = | 0.0% |
| Reserves | 13 | €30,488 | €64,912 | +€34,424 | +112.9% |
| Non-distributable reserves | 130/1 | €13,488 | €47,912 | +€34,424 | +255.2% |
| Legal reserve | 130 | €13,488 | €47,912 | +€34,424 | +255.2% |
| Tax-exempt reserves | 132 | €17,000 | €17,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€145,142 | €654,056 | +€799,198 | |
| Amounts payable | 17/49 | €1,217,768 | €1,372,539 | +€154,771 | +12.7% |
| Amounts payable within one year | 42/48 | €1,205,924 | €1,370,203 | +€164,279 | +13.6% |
| Trade debts | 44 | €749,685 | €896,816 | +€147,131 | +19.6% |
| Suppliers | 440/4 | €749,685 | €896,816 | +€147,131 | +19.6% |
| Taxes, remuneration and social security | 45 | €449,589 | €434,728 | -€14,861 | -3.3% |
| Taxes | 450/3 | €105,759 | €42,679 | -€63,080 | -59.6% |
| Remuneration and social security | 454/9 | €343,830 | €392,049 | +€48,219 | +14.0% |
| Other amounts payable | 47/48 | €6,650 | €38,659 | +€32,009 | +481.3% |
| Accrued charges and deferred income | 492/3 | €11,844 | €2,336 | -€9,508 | -80.3% |
| Operating income | 70/76A | €5,126,086 | €6,569,486 | +€1.4m | +28.2% |
| Turnover | 70 | €5,069,221 | €6,460,749 | +€1.4m | +27.5% |
| Own construction capitalised | 72 | - | €18,630 | +€18,630 | |
| Other operating income | 74 | €56,864 | €90,107 | +€33,243 | +58.5% |
| Operating charges | 60/66A | €4,796,410 | €5,684,005 | +€887,595 | +18.5% |
| Goods for resale, raw materials and consumables | 60 | €853,469 | €1,114,016 | +€260,548 | +30.5% |
| Purchases | 600/8 | €943,346 | €985,267 | +€41,920 | +4.4% |
| Change in stocks: decrease (increase) | 609 | -€89,878 | €128,749 | +€218,627 | |
| Services and other goods | 61 | €2,019,523 | €2,146,680 | +€127,157 | +6.3% |
| Remuneration, social security and pensions | 62 | €1,727,572 | €2,290,126 | +€562,554 | +32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,796 | €135,317 | -€49,478 | -26.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,071 | -€18,354 | -€16,282 | -786.1% |
| Other operating charges | 640/8 | €13,122 | €16,219 | +€3,097 | +23.6% |
| Operating profit (loss) | 9901 | €329,676 | €885,481 | +€555,806 | +168.6% |
| Financial income | 75/76B | €1,032 | €6,288 | +€5,256 | +509.1% |
| Recurring financial income | 75 | €1,032 | €6,288 | +€5,256 | +509.1% |
| Other financial income | 752/9 | €1,032 | €6,288 | +€5,256 | +509.1% |
| Financial charges | 65/66B | €66,234 | €56,086 | -€10,148 | -15.3% |
| Recurring financial charges | 65 | €66,234 | €56,086 | -€10,148 | -15.3% |
| Debt charges | 650 | €22,688 | €12,485 | -€10,204 | -45.0% |
| Other financial charges | 652/9 | €43,546 | €43,602 | +€56 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €264,474 | €835,683 | +€571,210 | +216.0% |
| Income taxes | 67/77 | €1,211 | €2,061 | +€851 | +70.3% |
| Taxes | 670/3 | €1,211 | €2,061 | +€851 | +70.3% |
| Profit (loss) for the period | 9904 | €263,263 | €833,622 | +€570,359 | +216.6% |
| Profit (loss) for the period to be appropriated | 9905 | €263,263 | €833,622 | +€570,359 | +216.6% |
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 10 October 2026 via checked.be.