FertiPro: 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
FertiPro
NACE 46.460, Wholesale of pharmaceutical and medical goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€801,643
2024 · €60,381+€741,263
Equity
€8.2m
2024 · €7.5m+€773,946
Cash
€414,564
2024 · €134,205+€280,359
Balance sheet total
€15.9m
2024 · €14.2m+€1.7m
Largest movements
Assets
- Tangible fixed assets +€2.2m
up €2.2m (+24.5%), from €8.8m to €10.9m
of which Assets under construction and advance payments: +€2.8m
- Receivables within one year -€964,094
down €964,094 (-35.7%), from €2.7m to €1.7m
of which Trade receivables: -€510,051
- Cash +€280,359
up €280,359 (+209%), from €134,205 to €414,564
mainly Receivables within one year (+€964,094) and Trade debts (+€857,342)
- Stocks and contracts +€190,281
up €190,281 (+7.5%), from €2.5m to €2.7m
Equity and liabilities
- Trade debts +€857,342
up €857,342 (+61.0%), from €1.4m to €2.3m
- Profit (loss) carried forward +€773,946
up €773,946 (+10.5%), from €7.4m to €8.2m
- Current portion of long-term debt +€761,257
up €761,257 (+64.6%), from €1.2m to €1.9m
- Debts after one year -€672,895
down €672,895 (-24.3%), from €2.8m to €2.1m
- Tax, wage and social debts +€202,976
up €202,976 (+80.1%), from €253,366 to €456,342
of which Taxes: +€162,522
Income statement
- Services and other goods -€416,596
down €416,596 (-10.4%), from €4.0m to €3.6m
- Goods and materials +€309,634
up €309,634 (+5.4%), from €5.7m to €6.0m
of which Purchases: +€641,501
- Taxes +€269,484
up €269,484 (+674%), from €40,000 to €309,484
of which Taxes: +€270,149
- Turnover +€237,700
up €237,700 (+1.8%), from €13.0m to €13.3m
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
€60,381
Turnover
+€237,700
Other operating income
+€10,191
Goods and materials
-€309,634
Services and other goods
+€416,596
Staff costs
+€7,309
Depreciation
+€54,294
Other operating charges
-€10,984
Other operating items
+€559,150
Financial income
+€69,611
Financial charges
-€23,487
Taxes
-€269,484
Result 2025
€801,643
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
+€3.3m
Investment
-€2.9m
Financing
-€89,335
Cash 2024
€134,205
From operations (derived)
+€3.3m
Net result for the year
+€801,643
Depreciation
+€751,270
Stocks and contracts
-€190,281
Receivables within one year
+€964,094
Deferred charges and accrued income
-€22,299
Trade debts
+€857,342
Tax, wage and social debts
+€202,976
Other debts
+€1,619
Accrued charges and deferred income
-€91,648
Investment (derived)
-€2.9m
Investment in fixed assets (net)
-€2.9m
Financing
-€89,335
Debts after one year
-€672,895
Current portion of long-term debt
+€761,257
Short-term financial debts
-€150,000
Contributions, distributions and other
-€27,697
Cash 2025
€414,564
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,182,061 | €15,864,659 | +€1.7m | +11.9% |
| Fixed assets | 21/28 | €8,802,687 | €10,956,439 | +€2.2m | +24.5% |
| Tangible fixed assets | 22/27 | €8,787,354 | €10,941,106 | +€2.2m | +24.5% |
| Land and buildings | 22 | €7,417,044 | €6,882,921 | -€534,123 | -7.2% |
| Plant, machinery and equipment | 23 | €220,390 | €183,328 | -€37,062 | -16.8% |
| Furniture and vehicles | 24 | €109,542 | €44,742 | -€64,800 | -59.2% |
| Assets under construction and advance payments | 27 | €1,040,378 | €3,830,116 | +€2.8m | +268% |
| Financial fixed assets | 28 | €15,333 | €15,333 | = | 0.0% |
| Affiliated companies | 280/1 | €15,333 | €15,333 | = | 0.0% |
| Participating interests | 280 | €15,333 | €15,333 | = | 0.0% |
| Current assets | 29/58 | €5,379,374 | €4,908,219 | -€471,155 | -8.8% |
| Stocks and contracts in progress | 3 | €2,543,895 | €2,734,177 | +€190,281 | +7.5% |
| Stocks | 30/36 | €2,543,895 | €2,734,177 | +€190,281 | +7.5% |
| Raw materials and consumables | 30/31 | €2,287,056 | €2,498,113 | +€211,057 | +9.2% |
| Finished goods | 33 | €220,526 | €215,968 | -€4,558 | -2.1% |
| Goods purchased for resale | 34 | €36,314 | €20,096 | -€16,218 | -44.7% |
| Amounts receivable within one year | 40/41 | €2,701,274 | €1,737,179 | -€964,094 | -35.7% |
| Trade receivables | 40 | €1,931,890 | €1,421,838 | -€510,051 | -26.4% |
| Other amounts receivable | 41 | €769,384 | €315,341 | -€454,043 | -59.0% |
| Cash at bank and in hand | 54/58 | €134,205 | €414,564 | +€280,359 | +209% |
| Deferred charges and accrued income | 490/1 | - | €22,299 | +€22,299 | |
| Total equity and liabilities | 10/49 | €14,182,061 | €15,864,659 | +€1.7m | +11.9% |
| Equity | 10/15 | €7,450,174 | €8,224,121 | +€773,946 | +10.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,381,974 | €8,155,921 | +€773,946 | +10.5% |
| Amounts payable | 17/49 | €6,731,887 | €7,640,538 | +€908,651 | +13.5% |
| Amounts payable after more than one year | 17 | €2,769,677 | €2,096,782 | -€672,895 | -24.3% |
| Financial debts | 170/4 | €2,769,677 | €2,096,782 | -€672,895 | -24.3% |
| Credit institutions | 173 | €2,769,677 | €2,096,782 | -€672,895 | -24.3% |
| Amounts payable within one year | 42/48 | €3,870,562 | €5,543,756 | +€1.7m | +43.2% |
| Current portion of amounts payable after more than one year | 42 | €1,178,928 | €1,940,185 | +€761,257 | +64.6% |
| Financial debts | 43 | €1,000,000 | €850,000 | -€150,000 | -15.0% |
| Credit institutions | 430/8 | €1,000,000 | €850,000 | -€150,000 | -15.0% |
| Trade debts | 44 | €1,404,678 | €2,262,020 | +€857,342 | +61.0% |
| Suppliers | 440/4 | €1,404,678 | €2,262,020 | +€857,342 | +61.0% |
| Taxes, remuneration and social security | 45 | €253,366 | €456,342 | +€202,976 | +80.1% |
| Taxes | 450/3 | €19,483 | €182,005 | +€162,522 | +834% |
| Remuneration and social security | 454/9 | €233,883 | €274,337 | +€40,454 | +17.3% |
| Other amounts payable | 47/48 | €33,591 | €35,209 | +€1,619 | +4.8% |
| Accrued charges and deferred income | 492/3 | €91,648 | - | -€91,648 | |
| Operating income | 70/76A | €13,402,924 | €13,422,583 | +€19,658 | +0.1% |
| Turnover | 70 | €13,030,927 | €13,268,627 | +€237,700 | +1.8% |
| Other operating income | 74 | €143,025 | €153,216 | +€10,191 | +7.1% |
| Non-recurring operating income | 76A | €228,972 | €740 | -€228,233 | -99.7% |
| Operating charges | 60/66A | €13,340,611 | €12,395,648 | -€944,964 | -7.1% |
| Goods for resale, raw materials and consumables | 60 | €5,684,720 | €5,994,354 | +€309,634 | +5.4% |
| Purchases | 600/8 | €5,543,134 | €6,184,635 | +€641,501 | +11.6% |
| Change in stocks: decrease (increase) | 609 | €141,586 | -€190,281 | -€331,868 | |
| Services and other goods | 61 | €4,015,916 | €3,599,320 | -€416,596 | -10.4% |
| Remuneration, social security and pensions | 62 | €2,011,998 | €2,004,689 | -€7,309 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €805,564 | €751,270 | -€54,294 | -6.7% |
| Other operating charges | 640/8 | €35,031 | €46,014 | +€10,984 | +31.4% |
| Non-recurring operating charges | 66A | €787,382 | - | -€787,382 | |
| Operating profit (loss) | 9901 | €62,313 | €1,026,935 | +€964,622 | +1,548% |
| Financial income | 75/76B | €198,791 | €268,402 | +€69,611 | +35.0% |
| Recurring financial income | 75 | €198,791 | €268,402 | +€69,611 | +35.0% |
| Other financial income | 752/9 | €198,791 | €268,402 | +€69,611 | +35.0% |
| Financial charges | 65/66B | €160,723 | €184,210 | +€23,487 | +14.6% |
| Recurring financial charges | 65 | €160,723 | €184,210 | +€23,487 | +14.6% |
| Debt charges | 650 | €125,838 | €143,735 | +€17,897 | +14.2% |
| Other financial charges | 652/9 | €34,885 | €40,475 | +€5,590 | +16.0% |
| Profit (loss) for the period before taxes | 9903 | €100,381 | €1,111,127 | +€1.0m | +1,007% |
| Income taxes | 67/77 | €40,000 | €309,484 | +€269,484 | +674% |
| Taxes | 670/3 | €40,000 | €310,149 | +€270,149 | +675% |
| Tax adjustments and reversals of tax provisions | 77 | - | €665 | +€665 | |
| Profit (loss) for the period | 9904 | €60,381 | €801,643 | +€741,263 | +1,228% |
| Profit (loss) for the period to be appropriated | 9905 | €60,381 | €801,643 | +€741,263 | +1,228% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.