Farmafyt: what changed
Farmafyt
Largest movements
- Stocks and contracts +€63,646
up €63,646 (+18.0%), from €353,995 to €417,641
- Cash -€21,053
down €21,053 (-42.3%), from €49,777 to €28,725
mainly Stocks and contracts (-€63,646) and Trade debts (-€27,817)
- Receivables within one year -€10,718
down €10,718 (-4.3%), from €248,093 to €237,375
of which Trade receivables: -€29,471
- Reserves +€195,565
up €195,565 (+155%), from €126,295 to €321,860
of which Distributable reserves: +€195,565
- Profit (loss) carried forward -€175,815
down €175,815 (-93.4%), from €188,316 to €12,501
- Short-term financial debts +€35,000
up €35,000 (+72.4%), from €48,333 to €83,333
- Trade debts -€27,817
down €27,817 (-51.7%), from €53,794 to €25,977
- Staff costs +€48,564
up €48,564 (+27.4%), from €177,384 to €225,948
- Gross operating margin +€29,172
up €29,172 (+12.0%), from €243,481 to €272,654
- Taxes -€5,395
down €5,395 (-26.1%), from €20,701 to €15,306
- Other operating charges +€3,141
up €3,141 (+200%), from €1,572 to €4,713
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €659,301 | €689,499 | +€30,198 | +4.6% |
| Fixed assets | 21/28 | €915 | €2,652 | +€1,737 | +190% |
| Tangible fixed assets | 22/27 | €915 | €2,652 | +€1,737 | +190% |
| Plant, machinery and equipment | 23 | €915 | €2,652 | +€1,737 | +190% |
| Current assets | 29/58 | €658,385 | €686,847 | +€28,461 | +4.3% |
| Stocks and contracts in progress | 3 | €353,995 | €417,641 | +€63,646 | +18.0% |
| Stocks | 30/36 | €353,995 | €417,641 | +€63,646 | +18.0% |
| Amounts receivable within one year | 40/41 | €248,093 | €237,375 | -€10,718 | -4.3% |
| Trade receivables | 40 | €224,551 | €195,080 | -€29,471 | -13.1% |
| Other amounts receivable | 41 | €23,542 | €42,294 | +€18,753 | +79.7% |
| Cash at bank and in hand | 54/58 | €49,777 | €28,725 | -€21,053 | -42.3% |
| Deferred charges and accrued income | 490/1 | €6,520 | €3,106 | -€3,414 | -52.4% |
| Total equity and liabilities | 10/49 | €659,301 | €689,499 | +€30,198 | +4.6% |
| Equity | 10/15 | €533,211 | €552,961 | +€19,750 | +3.7% |
| Contributions | 10/11 | €218,600 | €218,600 | = | 0.0% |
| Capital | 10 | €218,600 | €218,600 | = | 0.0% |
| Issued capital | 100 | €218,600 | €218,600 | = | 0.0% |
| Reserves | 13 | €126,295 | €321,860 | +€195,565 | +155% |
| Non-distributable reserves | 130/1 | €21,860 | €21,860 | = | 0.0% |
| Legal reserve | 130 | €21,860 | €21,860 | = | 0.0% |
| Distributable reserves | 133 | €104,435 | €300,000 | +€195,565 | +187% |
| Profit (loss) carried forward | 14 | €188,316 | €12,501 | -€175,815 | -93.4% |
| Amounts payable | 17/49 | €126,089 | €136,538 | +€10,449 | +8.3% |
| Amounts payable within one year | 42/48 | €126,089 | €136,538 | +€10,449 | +8.3% |
| Financial debts | 43 | €48,333 | €83,333 | +€35,000 | +72.4% |
| Credit institutions | 430/8 | €48,333 | €83,333 | +€35,000 | +72.4% |
| Trade debts | 44 | €53,794 | €25,977 | -€27,817 | -51.7% |
| Suppliers | 440/4 | €53,794 | €25,977 | -€27,817 | -51.7% |
| Taxes, remuneration and social security | 45 | €23,961 | €27,227 | +€3,265 | +13.6% |
| Taxes | 450/3 | €701 | €0 | -€701 | -100% |
| Remuneration and social security | 454/9 | €23,261 | €27,227 | +€3,966 | +17.1% |
| Remuneration, social security and pensions | 62 | €177,384 | €225,948 | +€48,564 | +27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248 | €356 | +€108 | +43.5% |
| Other operating charges | 640/8 | €1,572 | €4,713 | +€3,141 | +200% |
| Gross operating margin | 9900 | €243,481 | €272,654 | +€29,172 | +12.0% |
| Operating profit (loss) | 9901 | €64,278 | €41,637 | -€22,641 | -35.2% |
| Financial income | 75/76B | €6 | €49 | +€43 | +778% |
| Recurring financial income | 75 | €6 | €49 | +€43 | +778% |
| Financial charges | 65/66B | €6,912 | €6,630 | -€283 | -4.1% |
| Recurring financial charges | 65 | €6,912 | €6,630 | -€283 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €57,371 | €35,056 | -€22,315 | -38.9% |
| Income taxes | 67/77 | €20,701 | €15,306 | -€5,395 | -26.1% |
| Profit (loss) for the period | 9904 | €36,670 | €19,750 | -€16,920 | -46.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,670 | €19,750 | -€16,920 | -46.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.