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JOLYPHARMA: 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.

What changed

JOLYPHARMA

BE 0473.899.537
NACE 47.730, Retail sale of pharmaceutical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€93,466
2024 · €104,953-€11,488
Equity
€952,385
2024 · €858,919+€93,466
Cash
€235,737
2024 · €202,176+€33,561
Balance sheet total
€1.2m
2024 · €1.2m+€49,340

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€43,264

    up €43,264 (+12.6%), from €343,702 to €386,966

    of which Other amounts receivable: +€59,747

  • Tangible fixed assets -€34,141

    down €34,141 (-6.9%), from €492,550 to €458,409

    of which Land and buildings: -€25,032

  • Cash +€33,561

    up €33,561 (+16.6%), from €202,176 to €235,737

    mainly Net result for the year (+€93,466) and Depreciation (+€35,528)

Equity and liabilities
  • Reserves +€93,466

    up €93,466 (+11.7%), from €796,919 to €890,385

    of which Distributable reserves: +€93,466

  • Debts after one year -€27,481

    down €27,481 (-16.8%), from €163,472 to €135,990

  • Tax, wage and social debts -€20,565

    down €20,565 (-92.5%), from €22,236 to €1,672

Income statement
  • Gross operating margin -€16,762

    down €16,762 (-9.0%), from €186,564 to €169,801

  • Taxes -€5,958

    down €5,958 (-11.4%), from €52,159 to €46,200

  • Depreciation +€2,891

    up €2,891 (+8.9%), from €32,637 to €35,528

From the 2024 result to the 2025 result

effect on the 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 €104,953
Gross operating margin -€16,762
Staff costs -€7
Depreciation -€2,891
Other operating charges +€73
Financial income +€1,279
Financial charges +€862
Taxes +€5,958
Result 2025 €93,466

Cash bridge derived

cash 2024 to 2025

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 +€62,043
Investment -€1,388
Financing -€27,094
Cash 2024 €202,176
Net result for the year +€93,466
Depreciation +€35,528
Stocks and contracts -€6,580
Receivables within one year -€43,264
Deferred charges and accrued income -€77
Trade debts +€4,109
Tax, wage and social debts -€20,565
Accrued charges and deferred income -€575
Investment in fixed assets (net) -€1,388
Debts after one year -€27,481
Current portion of long-term debt +€387
Cash 2025 €235,737
Every line side by side 48 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,152,373 €1,201,714 +€49,340 +4.3%
Fixed assets 21/28 €492,550 €458,409 -€34,141 -6.9%
Tangible fixed assets 22/27 €492,550 €458,409 -€34,141 -6.9%
Land and buildings 22 €443,183 €418,152 -€25,032 -5.6%
Plant, machinery and equipment 23 €9,604 €8,218 -€1,386 -14.4%
Furniture and vehicles 24 €39,763 €32,039 -€7,724 -19.4%
Current assets 29/58 €659,824 €743,305 +€83,481 +12.7%
Stocks and contracts in progress 3 €75,843 €82,423 +€6,580 +8.7%
Stocks 30/36 €75,843 €82,423 +€6,580 +8.7%
Amounts receivable within one year 40/41 €343,702 €386,966 +€43,264 +12.6%
Trade receivables 40 €73,359 €56,876 -€16,483 -22.5%
Other amounts receivable 41 €270,342 €330,090 +€59,747 +22.1%
Current investments 50/53 €30,835 €30,835 = 0.0%
Cash at bank and in hand 54/58 €202,176 €235,737 +€33,561 +16.6%
Deferred charges and accrued income 490/1 €7,268 €7,344 +€77 +1.1%
Total equity and liabilities 10/49 €1,152,373 €1,201,714 +€49,340 +4.3%
Equity 10/15 €858,919 €952,385 +€93,466 +10.9%
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 €796,919 €890,385 +€93,466 +11.7%
Non-distributable reserves 130/1 €6,200 €6,200 = 0.0%
Legal reserve 130 €6,200 €6,200 = 0.0%
Distributable reserves 133 €790,719 €884,185 +€93,466 +11.8%
Amounts payable 17/49 €293,454 €249,329 -€44,125 -15.0%
Amounts payable after more than one year 17 €163,472 €135,990 -€27,481 -16.8%
Financial debts 170/4 €163,472 €135,990 -€27,481 -16.8%
Amounts payable within one year 42/48 €126,018 €109,950 -€16,068 -12.8%
Current portion of amounts payable after more than one year 42 €27,094 €27,481 +€387 +1.4%
Trade debts 44 €70,988 €75,097 +€4,109 +5.8%
Suppliers 440/4 €70,988 €75,097 +€4,109 +5.8%
Taxes, remuneration and social security 45 €22,236 €1,672 -€20,565 -92.5%
Taxes 450/3 €22,236 €1,672 -€20,565 -92.5%
Other amounts payable 47/48 €5,700 €5,700 = 0.0%
Accrued charges and deferred income 492/3 €3,964 €3,389 -€575 -14.5%
Remuneration, social security and pensions 62 €163 €170 +€7 +4.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €32,637 €35,528 +€2,891 +8.9%
Other operating charges 640/8 €4,579 €4,506 -€73 -1.6%
Gross operating margin 9900 €186,564 €169,801 -€16,762 -9.0%
Operating profit (loss) 9901 €149,184 €129,597 -€19,587 -13.1%
Financial income 75/76B €15,300 €16,579 +€1,279 +8.4%
Recurring financial income 75 €15,300 €16,579 +€1,279 +8.4%
Financial charges 65/66B €7,372 €6,510 -€862 -11.7%
Recurring financial charges 65 €7,372 €6,510 -€862 -11.7%
Profit (loss) for the period before taxes 9903 €157,112 €139,666 -€17,446 -11.1%
Income taxes 67/77 €52,159 €46,200 -€5,958 -11.4%
Profit (loss) for the period 9904 €104,953 €93,466 -€11,488 -10.9%
Profit (loss) for the period to be appropriated 9905 €104,953 €93,466 -€11,488 -10.9%

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 28 September 2026 via checked.be.