NORDPHARMA: 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.
NORDPHARMA
Largest movements
- Stocks and contracts -€23,745
down €23,745 (-34.9%), from €67,942 to €44,197
- Intangible fixed assets +€19,850
up €19,850 (+23.4%), from €85,000 to €104,850
- Deferred charges and accrued income +€19,666
up €19,666 (+26.2%), from €75,016 to €94,683
- Cash +€19,531
up €19,531 (+23.1%), from €84,414 to €103,945
mainly Net result for the year (+€79,630) and Other debts (+€62,608)
- Other debts +€62,608
up €62,608 (+43.7%), from €143,376 to €205,984
- Trade debts -€49,662
down €49,662 (-87.0%), from €57,088 to €7,426
- Profit (loss) carried forward +€29,630
up €29,630 (+65.8%), from €45,011 to €74,640
- Debts after one year -€13,739
down €13,739 (-39.5%), from €34,749 to €21,010
- Purchases and services +€77,101
up €77,101 (+7.7%), from €995,433 to €1.1m
- Turnover +€67,554
up €67,554 (+5.3%), from €1.3m to €1.4m
- Other operating charges -€34,774
down €34,774 (-91.4%), from €38,037 to €3,263
- Staff costs +€27,085
up €27,085 (+24.9%), from €108,902 to €135,987
- Depreciation -€15,531
down €15,531 (-29.1%), from €53,458 to €37,927
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €748,159 | €784,352 | +€36,194 | +4.8% |
| Fixed assets | 21/28 | €447,394 | €471,376 | +€23,982 | +5.4% |
| Intangible fixed assets | 21 | €85,000 | €104,850 | +€19,850 | +23.4% |
| Tangible fixed assets | 22/27 | €362,394 | €366,526 | +€4,132 | +1.1% |
| Land and buildings | 22 | €261,667 | €255,000 | -€6,667 | -2.5% |
| Plant, machinery and equipment | 23 | €92,407 | €104,280 | +€11,873 | +12.8% |
| Furniture and vehicles | 24 | €8,320 | €7,246 | -€1,074 | -12.9% |
| Current assets | 29/58 | €300,765 | €312,976 | +€12,212 | +4.1% |
| Stocks and contracts in progress | 3 | €67,942 | €44,197 | -€23,745 | -34.9% |
| Stocks | 30/36 | €67,942 | €44,197 | -€23,745 | -34.9% |
| Amounts receivable within one year | 40/41 | €73,392 | €70,151 | -€3,241 | -4.4% |
| Trade receivables | 40 | €59,808 | €59,577 | -€232 | -0.4% |
| Other amounts receivable | 41 | €13,584 | €10,574 | -€3,009 | -22.2% |
| Cash at bank and in hand | 54/58 | €84,414 | €103,945 | +€19,531 | +23.1% |
| Deferred charges and accrued income | 490/1 | €75,016 | €94,683 | +€19,666 | +26.2% |
| Total equity and liabilities | 10/49 | €748,159 | €784,352 | +€36,194 | +4.8% |
| Equity | 10/15 | €465,011 | €494,640 | +€29,630 | +6.4% |
| Contributions | 10/11 | €420,000 | €420,000 | = | 0.0% |
| Contributions outside capital | 11 | €420,000 | - | -€420,000 | |
| Other | 1109/19 | €420,000 | - | -€420,000 | |
| Profit (loss) carried forward | 14 | €45,011 | €74,640 | +€29,630 | +65.8% |
| Amounts payable | 17/49 | €283,148 | €289,712 | +€6,564 | +2.3% |
| Amounts payable after more than one year | 17 | €34,749 | €21,010 | -€13,739 | -39.5% |
| Financial debts | 170/4 | €34,749 | €21,010 | -€13,739 | -39.5% |
| Amounts payable within one year | 42/48 | €248,399 | €268,702 | +€20,303 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €14,547 | €14,547 | = | 0.0% |
| Trade debts | 44 | €57,088 | €7,426 | -€49,662 | -87.0% |
| Suppliers | 440/4 | €57,088 | €7,426 | -€49,662 | -87.0% |
| Taxes, remuneration and social security | 45 | €33,388 | €40,745 | +€7,357 | +22.0% |
| Taxes | 450/3 | €14,562 | €14,516 | -€45 | -0.3% |
| Remuneration and social security | 454/9 | €18,826 | €26,228 | +€7,402 | +39.3% |
| Other amounts payable | 47/48 | €143,376 | €205,984 | +€62,608 | +43.7% |
| Turnover | 70 | €1,284,880 | €1,352,434 | +€67,554 | +5.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €995,433 | €1,072,534 | +€77,101 | +7.7% |
| Remuneration, social security and pensions | 62 | €108,902 | €135,987 | +€27,085 | +24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,458 | €37,927 | -€15,531 | -29.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €12,500 | +€12,500 | |
| Other operating charges | 640/8 | €38,037 | €3,263 | -€34,774 | -91.4% |
| Gross operating margin | 9900 | €289,447 | €279,900 | -€9,547 | -3.3% |
| Operating profit (loss) | 9901 | €89,050 | €90,224 | +€1,174 | +1.3% |
| Financial charges | 65/66B | €4,080 | €2,409 | -€1,671 | -41.0% |
| Recurring financial charges | 65 | €4,080 | €2,409 | -€1,671 | -41.0% |
| Profit (loss) for the period before taxes | 9903 | €84,970 | €87,815 | +€2,845 | +3.3% |
| Income taxes | 67/77 | €7,394 | €8,185 | +€791 | +10.7% |
| Profit (loss) for the period | 9904 | €77,576 | €79,630 | +€2,054 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €77,576 | €79,630 | +€2,054 | +2.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.