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FALIPHARMA: 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

FALIPHARMA

BE 0422.990.373
NACE 47.730, Retail sale of pharmaceutical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€47,771
2024 · €32,672+€15,099
Equity
€324,777
2024 · €277,007+€47,771
Cash
€243,310
2024 · €202,241+€41,069
Balance sheet total
€731,975
2024 · €681,587+€50,389

Largest movements

2024 to 2025
Assets
  • Cash +€41,069

    up €41,069 (+20.3%), from €202,241 to €243,310

    mainly Net result for the year (+€47,771) and Current portion of long-term debt (+€42,127)

  • Receivables within one year +€20,516

    up €20,516 (+29.9%), from €68,652 to €89,169

    of which Trade receivables: +€16,637

  • Tangible fixed assets -€17,592

    down €17,592 (-8.4%), from €210,626 to €193,035

    of which Land and buildings: -€13,623

Equity and liabilities
  • Debts after one year -€51,026

    down €51,026 (-16.7%), from €305,137 to €254,112

    of which Other amounts payable: -€41,949

  • Profit (loss) carried forward +€47,771

    up €47,771 (+68.8%), from €69,404 to €117,175

  • Current portion of long-term debt +€42,127

    up €42,127 (+473.4%), from €8,899 to €51,026

  • Accrued charges and deferred income +€9,719

    up €9,719 (+98.6%), from €9,856 to €19,575

Income statement
  • Gross operating margin +€26,404

    up €26,404 (+10.9%), from €243,295 to €269,699

  • Taxes +€7,515

    up €7,515 (+69.3%), from €10,842 to €18,357

  • Staff costs +€3,863

    up €3,863 (+2.4%), from €157,867 to €161,730

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 €32,672
Gross operating margin +€26,404
Staff costs -€3,863
Depreciation -€703
Other operating charges +€259
Financial income +€295
Financial charges +€223
Taxes -€7,515
Result 2025 €47,771

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 +€55,819
Investment -€5,851
Financing -€8,899
Cash 2024 €202,241
Net result for the year +€47,771
Depreciation +€23,435
Stocks and contracts -€4,397
Receivables within one year -€20,516
Deferred charges and accrued income -€1,991
Trade debts +€2,939
Tax, wage and social debts -€1,232
Other debts +€90
Accrued charges and deferred income +€9,719
Investment in fixed assets (net) -€5,844
Current investments -€7
Debts after one year -€51,026
Current portion of long-term debt +€42,127
Cash 2025 €243,310
Every line side by side 48 lines
Line Code 2024 2025 Change %
Total assets 20/58 €681,587 €731,975 +€50,389 +7.4%
Fixed assets 21/28 €217,072 €199,480 -€17,592 -8.1%
Tangible fixed assets 22/27 €210,626 €193,035 -€17,592 -8.4%
Land and buildings 22 €142,143 €128,521 -€13,623 -9.6%
Plant, machinery and equipment 23 €67,390 €59,093 -€8,297 -12.3%
Furniture and vehicles 24 €1,093 €5,421 +€4,328 +396.1%
Financial fixed assets 28 €6,445 €6,445 = 0.0%
Current assets 29/58 €464,515 €532,496 +€67,980 +14.6%
Stocks and contracts in progress 3 €189,398 €193,795 +€4,397 +2.3%
Stocks 30/36 €189,398 €193,795 +€4,397 +2.3%
Amounts receivable within one year 40/41 €68,652 €89,169 +€20,516 +29.9%
Trade receivables 40 €68,652 €85,290 +€16,637 +24.2%
Other amounts receivable 41 €0 €3,879 +€3,879
Current investments 50/53 - €7 +€7
Cash at bank and in hand 54/58 €202,241 €243,310 +€41,069 +20.3%
Deferred charges and accrued income 490/1 €4,224 €6,215 +€1,991 +47.1%
Total equity and liabilities 10/49 €681,587 €731,975 +€50,389 +7.4%
Equity 10/15 €277,007 €324,777 +€47,771 +17.2%
Contributions 10/11 €19,000 €19,000 = 0.0%
Reserves 13 €188,603 €188,603 = 0.0%
Distributable reserves 133 €188,603 €188,603 = 0.0%
Profit (loss) carried forward 14 €69,404 €117,175 +€47,771 +68.8%
Amounts payable 17/49 €404,580 €407,198 +€2,618 +0.6%
Amounts payable after more than one year 17 €305,137 €254,112 -€51,026 -16.7%
Financial debts 170/4 €110,438 €101,361 -€9,076 -8.2%
Other amounts payable 178/9 €194,700 €152,750 -€41,949 -21.5%
Amounts payable within one year 42/48 €89,587 €133,511 +€43,925 +49.0%
Current portion of amounts payable after more than one year 42 €8,899 €51,026 +€42,127 +473.4%
Trade debts 44 €34,480 €37,419 +€2,939 +8.5%
Suppliers 440/4 €34,480 €37,419 +€2,939 +8.5%
Taxes, remuneration and social security 45 €35,554 €34,322 -€1,232 -3.5%
Taxes 450/3 €13,257 €11,551 -€1,706 -12.9%
Remuneration and social security 454/9 €22,298 €22,771 +€474 +2.1%
Other amounts payable 47/48 €10,654 €10,744 +€90 +0.8%
Accrued charges and deferred income 492/3 €9,856 €19,575 +€9,719 +98.6%
Remuneration, social security and pensions 62 €157,867 €161,730 +€3,863 +2.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €22,732 €23,435 +€703 +3.1%
Other operating charges 640/8 €5,053 €4,795 -€259 -5.1%
Gross operating margin 9900 €243,295 €269,699 +€26,404 +10.9%
Operating profit (loss) 9901 €57,643 €79,739 +€22,096 +38.3%
Financial income 75/76B €1,719 €2,014 +€295 +17.2%
Recurring financial income 75 €1,719 €2,014 +€295 +17.2%
Financial charges 65/66B €15,848 €15,625 -€223 -1.4%
Recurring financial charges 65 €15,848 €15,625 -€223 -1.4%
Profit (loss) for the period before taxes 9903 €43,514 €66,128 +€22,614 +52.0%
Income taxes 67/77 €10,842 €18,357 +€7,515 +69.3%
Profit (loss) for the period 9904 €32,672 €47,771 +€15,099 +46.2%
Profit (loss) for the period to be appropriated 9905 €32,672 €47,771 +€15,099 +46.2%

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 29 September 2026 via checked.be.