NOVIL'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.
NOVIL'PHARMA
Largest movements
- Intangible fixed assets -€31,906
down €31,906 (-25.0%), from €127,625 to €95,719
- Cash -€29,357
down €29,357 (-10.0%), from €293,130 to €263,773
mainly Contributions, distributions and other (-€88,500) and Trade debts (-€77,020)
- Tangible fixed assets -€25,589
down €25,589 (-11.7%), from €218,040 to €192,451
- Current investments +€15,303
up €15,303 (+61.2%), from €25,000 to €40,303
- Trade debts -€77,020
down €77,020 (-67.3%), from €114,447 to €37,427
- Provisions -€45,910
down €45,910 (-100.0%), from €45,910 to €0
- Reserves +€43,188
up €43,188 (+8.1%), from €536,118 to €579,307
of which Tax-exempt reserves: +€54,730
- Other debts +€14,949
up €14,949 (+27.4%), from €54,607 to €69,556
- Debts after one year -€10,752
down €10,752 (-88.7%), from €12,124 to €1,373
- Provisions -€91,820
down €91,820, from €45,910 to -€45,910
- Financial charges +€54,620
up €54,620 (+986.3%), from €5,538 to €60,158
- Gross operating margin +€6,496
up €6,496 (+2.2%), from €297,604 to €304,100
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €982,326 | €907,966 | -€74,360 | -7.6% |
| Fixed assets | 21/28 | €348,396 | €290,901 | -€57,495 | -16.5% |
| Intangible fixed assets | 21 | €127,625 | €95,719 | -€31,906 | -25.0% |
| Tangible fixed assets | 22/27 | €218,040 | €192,451 | -€25,589 | -11.7% |
| Land and buildings | 22 | €107,317 | €101,637 | -€5,679 | -5.3% |
| Plant, machinery and equipment | 23 | €82,139 | €70,957 | -€11,182 | -13.6% |
| Furniture and vehicles | 24 | €24,377 | €17,244 | -€7,133 | -29.3% |
| Leasing and similar rights | 25 | €4,208 | €2,613 | -€1,595 | -37.9% |
| Financial fixed assets | 28 | €2,730 | €2,730 | = | 0.0% |
| Current assets | 29/58 | €633,930 | €617,065 | -€16,865 | -2.7% |
| Stocks and contracts in progress | 3 | €203,532 | €209,827 | +€6,295 | +3.1% |
| Stocks | 30/36 | €203,532 | €209,827 | +€6,295 | +3.1% |
| Amounts receivable within one year | 40/41 | €98,881 | €89,669 | -€9,212 | -9.3% |
| Trade receivables | 40 | €94,745 | €89,628 | -€5,117 | -5.4% |
| Other amounts receivable | 41 | €4,137 | €42 | -€4,095 | -99.0% |
| Current investments | 50/53 | €25,000 | €40,303 | +€15,303 | +61.2% |
| Cash at bank and in hand | 54/58 | €293,130 | €263,773 | -€29,357 | -10.0% |
| Deferred charges and accrued income | 490/1 | €13,386 | €13,493 | +€107 | +0.8% |
| Total equity and liabilities | 10/49 | €982,326 | €907,966 | -€74,360 | -7.6% |
| Equity | 10/15 | €702,723 | €744,411 | +€41,688 | +5.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €536,118 | €579,307 | +€43,188 | +8.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | - | €54,730 | +€54,730 | |
| Distributable reserves | 133 | €536,118 | €524,577 | -€11,542 | -2.2% |
| Profit (loss) carried forward | 14 | €148,004 | €146,504 | -€1,500 | -1.0% |
| Provisions and deferred taxes | 16 | €45,910 | €0 | -€45,910 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €45,910 | €0 | -€45,910 | -100.0% |
| Other liabilities and charges | 164/5 | €45,910 | €0 | -€45,910 | -100.0% |
| Amounts payable | 17/49 | €233,693 | €163,555 | -€70,138 | -30.0% |
| Amounts payable after more than one year | 17 | €12,124 | €1,373 | -€10,752 | -88.7% |
| Financial debts | 170/4 | €12,124 | €1,373 | -€10,752 | -88.7% |
| Amounts payable within one year | 42/48 | €221,568 | €162,182 | -€59,386 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €18,591 | €10,752 | -€7,839 | -42.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €114,447 | €37,427 | -€77,020 | -67.3% |
| Suppliers | 440/4 | €114,447 | €37,427 | -€77,020 | -67.3% |
| Taxes, remuneration and social security | 45 | €33,924 | €44,447 | +€10,523 | +31.0% |
| Taxes | 450/3 | €29,023 | €34,446 | +€5,423 | +18.7% |
| Remuneration and social security | 454/9 | €4,901 | €10,001 | +€5,100 | +104.1% |
| Other amounts payable | 47/48 | €54,607 | €69,556 | +€14,949 | +27.4% |
| Remuneration, social security and pensions | 62 | €39,271 | €41,489 | +€2,218 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,066 | €58,779 | +€1,713 | +3.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €45,910 | -€45,910 | -€91,820 | |
| Other operating charges | 640/8 | €2,379 | €2,381 | +€2 | +0.1% |
| Gross operating margin | 9900 | €297,604 | €304,100 | +€6,496 | +2.2% |
| Operating profit (loss) | 9901 | €152,979 | €247,361 | +€94,382 | +61.7% |
| Financial income | 75/76B | €3,322 | €4,528 | +€1,206 | +36.3% |
| Recurring financial income | 75 | €3,322 | €4,528 | +€1,206 | +36.3% |
| Financial charges | 65/66B | €5,538 | €60,158 | +€54,620 | +986.3% |
| Recurring financial charges | 65 | €5,538 | €60,158 | +€54,620 | +986.3% |
| Profit (loss) for the period before taxes | 9903 | €150,762 | €191,730 | +€40,968 | +27.2% |
| Income taxes | 67/77 | €62,927 | €61,542 | -€1,385 | -2.2% |
| Profit (loss) for the period | 9904 | €87,835 | €130,188 | +€42,353 | +48.2% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | - | €54,730 | +€54,730 | |
| Profit (loss) for the period to be appropriated | 9905 | €87,835 | €75,458 | -€12,377 | -14.1% |
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 9 October 2026 via checked.be.