Global Pharmacy 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.
Global Pharmacy Services
Largest movements
- Tangible fixed assets +€12,710
new in 2025: €12,710
- Receivables within one year -€5,876
down €5,876 (-69.2%), from €8,495 to €2,619
- Cash +€3,930
up €3,930 (+164%), from €2,392 to €6,322
mainly Trade debts (+€6,558) and Receivables within one year (+€5,876)
- Trade debts +€6,558
up €6,558 (+34,847%), from €19 to €6,577
- Profit (loss) carried forward +€5,292
up €5,292 (+116%), from €4,553 to €9,845
- Tax, wage and social debts -€1,286
down €1,286 (-29.8%), from €4,316 to €3,030
- Taxes -€652
down €652 (-32.6%), from €2,000 to €1,348
- Gross operating margin +€440
up €440 (+6.3%), from €6,940 to €7,380
- Depreciation +€249
new in 2025: €249
- Financial charges +€91
new in 2025: €91
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,887 | €21,652 | +€10,765 | +98.9% |
| Fixed assets | 21/28 | - | €12,710 | +€12,710 | |
| Tangible fixed assets | 22/27 | - | €12,710 | +€12,710 | |
| Furniture and vehicles | 24 | - | €12,710 | +€12,710 | |
| Current assets | 29/58 | €10,887 | €8,941 | -€1,946 | -17.9% |
| Amounts receivable within one year | 40/41 | €8,495 | €2,619 | -€5,876 | -69.2% |
| Trade receivables | 40 | €8,495 | €2,619 | -€5,876 | -69.2% |
| Cash at bank and in hand | 54/58 | €2,392 | €6,322 | +€3,930 | +164% |
| Total equity and liabilities | 10/49 | €10,887 | €21,652 | +€10,765 | +98.9% |
| Equity | 10/15 | €6,553 | €11,845 | +€5,292 | +80.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,553 | €9,845 | +€5,292 | +116% |
| Amounts payable | 17/49 | €4,334 | €9,807 | +€5,472 | +126% |
| Amounts payable within one year | 42/48 | €4,334 | €9,607 | +€5,272 | +122% |
| Trade debts | 44 | €19 | €6,577 | +€6,558 | +34,847% |
| Suppliers | 440/4 | €19 | €6,577 | +€6,558 | +34,847% |
| Taxes, remuneration and social security | 45 | €4,316 | €3,030 | -€1,286 | -29.8% |
| Taxes | 450/3 | €4,316 | €3,030 | -€1,286 | -29.8% |
| Accrued charges and deferred income | 492/3 | - | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €249 | +€249 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €6,940 | €7,380 | +€440 | +6.3% |
| Operating profit (loss) | 9901 | €6,553 | €6,732 | +€179 | +2.7% |
| Financial charges | 65/66B | - | €91 | +€91 | |
| Recurring financial charges | 65 | - | €91 | +€91 | |
| Profit (loss) for the period before taxes | 9903 | €6,553 | €6,641 | +€88 | +1.3% |
| Income taxes | 67/77 | €2,000 | €1,348 | -€652 | -32.6% |
| Profit (loss) for the period | 9904 | €4,553 | €5,292 | +€740 | +16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,553 | €5,292 | +€740 | +16.2% |
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 20 October 2026 via checked.be.