ixX pharma: 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
ixX pharma
NACE 46.460, Wholesale of pharmaceutical and medical goods
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.7m
2024 · €1.2m+€486,022
Equity
€6.9m
2024 · €6.3m+€642,646
Cash
€1.3m
2024 · €1.3m+€34,403
Balance sheet total
€11.3m
2024 · €10.3m+€980,109
Largest movements
Assets
- Financial fixed assets +€1.7m
up €1.7m (+108626.2%), from €1,565 to €1.7m
of which Affiliated companies: +€1.7m
- Tangible fixed assets -€626,712
down €626,712 (-85.8%), from €730,482 to €103,770
of which Land and buildings: -€514,714
- Stocks and contracts -€304,525
down €304,525 (-12.6%), from €2.4m to €2.1m
- Receivables within one year +€177,909
up €177,909 (+3.1%), from €5.8m to €6.0m
of which Other amounts receivable: +€2.0m
Equity and liabilities
- Other debts +€1.3m
new in 2025: €1.3m
- Trade debts -€1.2m
down €1.2m (-51.3%), from €2.3m to €1.1m
- Profit (loss) carried forward +€642,646
up €642,646 (+26.7%), from €2.4m to €3.0m
- Tax, wage and social debts +€246,009
up €246,009 (+32.7%), from €751,898 to €997,907
of which Taxes: +€231,237
Income statement
- Turnover -€1.1m
down €1.1m (-8.9%), from €12.8m to €11.6m
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
€1.2m
Turnover
-€1.1m
Other operating income
-€13,876
Goods and materials
+€63,636
Services and other goods
-€93,243
Staff costs
+€59,071
Depreciation
+€36,537
Other operating charges
+€3,607
Other operating items
+€1.5m
Financial income
+€21,082
Financial charges
-€33,784
Taxes
+€122,858
Result 2025
€1.7m
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.
From operations
+€2.2m
Investment
-€1.2m
Financing
-€1.1m
Cash 2024
€1.3m
From operations (derived)
+€2.2m
Net result for the year
+€1.7m
Depreciation
+€82,740
Stocks and contracts
+€304,525
Receivables within one year
-€177,909
Deferred charges and accrued income
+€5,691
Trade debts
-€1.2m
Tax, wage and social debts
+€246,009
Other debts
+€1.3m
Investment (derived)
-€1.2m
Investment in fixed assets (net)
-€1.2m
Financing
-€1.1m
Contributions, distributions and other
-€1.1m
Cash 2025
€1.3m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,293,927 | €11,274,036 | +€980,109 | +9.5% |
| Fixed assets | 21/28 | €732,047 | €1,810,060 | +€1.1m | +147.3% |
| Intangible fixed assets | 21 | - | €4,725 | +€4,725 | |
| Tangible fixed assets | 22/27 | €730,482 | €103,770 | -€626,712 | -85.8% |
| Land and buildings | 22 | €514,714 | - | -€514,714 | |
| Plant, machinery and equipment | 23 | €127,478 | €10,530 | -€116,948 | -91.7% |
| Furniture and vehicles | 24 | €6,390 | - | -€6,390 | |
| Assets under construction and advance payments | 27 | €81,900 | €93,240 | +€11,340 | +13.8% |
| Financial fixed assets | 28 | €1,565 | €1,701,565 | +€1.7m | +108626.2% |
| Affiliated companies | 280/1 | - | €1,700,000 | +€1.7m | |
| Participating interests | 280 | - | €1,700,000 | +€1.7m | |
| Other financial fixed assets | 284/8 | €1,565 | €1,565 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,565 | €1,565 | = | 0.0% |
| Current assets | 29/58 | €9,561,880 | €9,463,976 | -€97,904 | -1.0% |
| Stocks and contracts in progress | 3 | €2,408,981 | €2,104,456 | -€304,525 | -12.6% |
| Stocks | 30/36 | €2,408,981 | €2,104,456 | -€304,525 | -12.6% |
| Goods purchased for resale | 34 | €2,408,981 | €2,104,456 | -€304,525 | -12.6% |
| Amounts receivable within one year | 40/41 | €5,811,539 | €5,989,448 | +€177,909 | +3.1% |
| Trade receivables | 40 | €2,963,214 | €1,170,233 | -€1.8m | -60.5% |
| Other amounts receivable | 41 | €2,848,325 | €4,819,215 | +€2.0m | +69.2% |
| Cash at bank and in hand | 54/58 | €1,313,062 | €1,347,465 | +€34,403 | +2.6% |
| Deferred charges and accrued income | 490/1 | €28,298 | €22,607 | -€5,691 | -20.1% |
| Total equity and liabilities | 10/49 | €10,293,927 | €11,274,036 | +€980,109 | +9.5% |
| Equity | 10/15 | €6,283,477 | €6,926,124 | +€642,646 | +10.2% |
| Contributions | 10/11 | €599,949 | €599,949 | = | 0.0% |
| Capital | 10 | €490,000 | €490,000 | = | 0.0% |
| Issued capital | 100 | €490,000 | €490,000 | = | 0.0% |
| Contributions outside capital | 11 | €109,949 | €109,949 | = | 0.0% |
| Share premium | 1100/10 | €109,949 | €109,949 | = | 0.0% |
| Reserves | 13 | €3,278,048 | €3,278,048 | = | 0.0% |
| Non-distributable reserves | 130/1 | €49,600 | €49,600 | = | 0.0% |
| Legal reserve | 130 | €49,600 | €49,600 | = | 0.0% |
| Distributable reserves | 133 | €3,228,448 | €3,228,448 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,405,481 | €3,048,127 | +€642,646 | +26.7% |
| Amounts payable | 17/49 | €4,010,450 | €4,347,912 | +€337,462 | +8.4% |
| Amounts payable within one year | 42/48 | €4,010,450 | €4,347,912 | +€337,462 | +8.4% |
| Financial debts | 43 | €1,000,000 | €1,000,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,000,000 | €1,000,000 | = | 0.0% |
| Trade debts | 44 | €2,258,553 | €1,100,006 | -€1.2m | -51.3% |
| Suppliers | 440/4 | €2,258,553 | €1,100,006 | -€1.2m | -51.3% |
| Taxes, remuneration and social security | 45 | €751,898 | €997,907 | +€246,009 | +32.7% |
| Taxes | 450/3 | €318,129 | €549,366 | +€231,237 | +72.7% |
| Remuneration and social security | 454/9 | €433,768 | €448,540 | +€14,772 | +3.4% |
| Other amounts payable | 47/48 | - | €1,250,000 | +€1.3m | |
| Operating income | 70/76A | €12,195,644 | €12,501,902 | +€306,258 | +2.5% |
| Turnover | 70 | €12,768,776 | €11,631,876 | -€1.1m | -8.9% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€681,719 | - | +€681,719 | |
| Other operating income | 74 | €104,021 | €90,145 | -€13,876 | -13.3% |
| Non-recurring operating income | 76A | €4,566 | €779,882 | +€775,316 | +16979.8% |
| Operating charges | 60/66A | €10,374,350 | €10,304,742 | -€69,607 | -0.7% |
| Goods for resale, raw materials and consumables | 60 | €4,757,836 | €4,694,200 | -€63,636 | -1.3% |
| Purchases | 600/8 | €4,643,902 | €4,389,676 | -€254,226 | -5.5% |
| Change in stocks: decrease (increase) | 609 | €113,934 | €304,525 | +€190,591 | +167.3% |
| Services and other goods | 61 | €2,917,036 | €3,010,279 | +€93,243 | +3.2% |
| Remuneration, social security and pensions | 62 | €2,567,262 | €2,508,191 | -€59,071 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,277 | €82,740 | -€36,537 | -30.6% |
| Other operating charges | 640/8 | €12,939 | €9,333 | -€3,607 | -27.9% |
| Operating profit (loss) | 9901 | €1,821,295 | €2,197,160 | +€375,866 | +20.6% |
| Financial income | 75/76B | €87,401 | €108,484 | +€21,082 | +24.1% |
| Recurring financial income | 75 | €87,401 | €108,484 | +€21,082 | +24.1% |
| Income from current assets | 751 | €87,061 | €108,482 | +€21,422 | +24.6% |
| Other financial income | 752/9 | €340 | €1 | -€339 | -99.6% |
| Financial charges | 65/66B | €121,951 | €155,736 | +€33,784 | +27.7% |
| Recurring financial charges | 65 | €121,951 | €155,736 | +€33,784 | +27.7% |
| Debt charges | 650 | €118,182 | €153,663 | +€35,481 | +30.0% |
| Other financial charges | 652/9 | €3,769 | €2,072 | -€1,697 | -45.0% |
| Profit (loss) for the period before taxes | 9903 | €1,786,744 | €2,149,908 | +€363,164 | +20.3% |
| Income taxes | 67/77 | €580,120 | €457,262 | -€122,858 | -21.2% |
| Taxes | 670/3 | €580,120 | €537,477 | -€42,643 | -7.4% |
| Tax adjustments and reversals of tax provisions | 77 | - | €80,215 | +€80,215 | |
| Profit (loss) for the period | 9904 | €1,206,625 | €1,692,646 | +€486,022 | +40.3% |
| Transfer from tax-exempt reserves | 789 | €1,018,820 | - | -€1.0m | |
| Profit (loss) for the period to be appropriated | 9905 | €2,225,445 | €1,692,646 | -€532,798 | -23.9% |
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 12 October 2026 via checked.be.