FARMA SERVICES: 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.
FARMA SERVICES
Largest movements
- Current investments +€185,000
up €185,000 (+18.5%), from €1.0m to €1.2m
- Reserves +€185,160
up €185,160 (+15.6%), from €1.2m to €1.4m
of which Distributable reserves: +€185,160
- Other debts -€40,613
down €40,613 (-4.5%), from €905,287 to €864,674
- Tax, wage and social debts +€31,690
up €31,690 (+133.9%), from €23,667 to €55,357
- Gross operating margin +€45,629
up €45,629 (+16.0%), from €285,963 to €331,592
- Taxes +€16,789
up €16,789 (+26.0%), from €64,595 to €81,385
- Financial charges -€8,668
down €8,668 (-12.5%), from €69,430 to €60,762
- Financial income -€7,904
down €7,904 (-25.5%), from €30,994 to €23,090
- Depreciation -€3,814
down €3,814 (-13.4%), from €28,429 to €24,615
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 | €2,265,971 | €2,443,374 | +€177,403 | +7.8% |
| Fixed assets | 21/28 | €948,032 | €932,607 | -€15,425 | -1.6% |
| Tangible fixed assets | 22/27 | €169,725 | €154,301 | -€15,425 | -9.1% |
| Plant, machinery and equipment | 23 | €7,416 | €6,636 | -€779 | -10.5% |
| Other tangible fixed assets | 26 | €162,310 | €147,664 | -€14,645 | -9.0% |
| Financial fixed assets | 28 | €778,306 | €778,306 | = | 0.0% |
| Current assets | 29/58 | €1,317,939 | €1,510,767 | +€192,828 | +14.6% |
| Amounts receivable within one year | 40/41 | €41,028 | €24,693 | -€16,335 | -39.8% |
| Trade receivables | 40 | €16,335 | - | -€16,335 | |
| Other amounts receivable | 41 | €24,693 | €24,693 | -€0 | 0.0% |
| Current investments | 50/53 | €1,000,000 | €1,185,000 | +€185,000 | +18.5% |
| Cash at bank and in hand | 54/58 | €276,911 | €301,074 | +€24,163 | +8.7% |
| Total equity and liabilities | 10/49 | €2,265,971 | €2,443,374 | +€177,403 | +7.8% |
| Equity | 10/15 | €1,331,341 | €1,516,505 | +€185,164 | +13.9% |
| Contributions | 10/11 | €140,000 | €140,000 | = | 0.0% |
| Reserves | 13 | €1,190,620 | €1,375,780 | +€185,160 | +15.6% |
| Non-distributable reserves | 130/1 | €46,850 | €46,850 | = | 0.0% |
| Reserves not available under the articles | 1311 | €46,850 | €46,850 | = | 0.0% |
| Distributable reserves | 133 | €1,143,770 | €1,328,930 | +€185,160 | +16.2% |
| Profit (loss) carried forward | 14 | €721 | €725 | +€4 | +0.5% |
| Amounts payable | 17/49 | €934,630 | €926,870 | -€7,761 | -0.8% |
| Amounts payable within one year | 42/48 | €934,630 | €926,870 | -€7,761 | -0.8% |
| Trade debts | 44 | €5,677 | €6,839 | +€1,163 | +20.5% |
| Suppliers | 440/4 | €5,677 | €6,839 | +€1,163 | +20.5% |
| Taxes, remuneration and social security | 45 | €23,667 | €55,357 | +€31,690 | +133.9% |
| Taxes | 450/3 | €23,667 | €55,357 | +€31,690 | +133.9% |
| Other amounts payable | 47/48 | €905,287 | €864,674 | -€40,613 | -4.5% |
| Non-recurring operating income | 76A | €312,000 | €372,000 | +€60,000 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,429 | €24,615 | -€3,814 | -13.4% |
| Other operating charges | 640/8 | €3,202 | €2,756 | -€446 | -13.9% |
| Gross operating margin | 9900 | €285,963 | €331,592 | +€45,629 | +16.0% |
| Operating profit (loss) | 9901 | €254,332 | €304,221 | +€49,889 | +19.6% |
| Financial income | 75/76B | €30,994 | €23,090 | -€7,904 | -25.5% |
| Recurring financial income | 75 | €30,994 | €23,090 | -€7,904 | -25.5% |
| Financial charges | 65/66B | €69,430 | €60,762 | -€8,668 | -12.5% |
| Recurring financial charges | 65 | €69,430 | €60,762 | -€8,668 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €215,896 | €266,549 | +€50,653 | +23.5% |
| Income taxes | 67/77 | €64,595 | €81,385 | +€16,789 | +26.0% |
| Profit (loss) for the period | 9904 | €151,300 | €185,164 | +€33,864 | +22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €151,300 | €185,164 | +€33,864 | +22.4% |
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 7 October 2026 via checked.be.