PHARMA-THUILLIES: 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.
PHARMA-THUILLIES
Largest movements
- Cash +€18,960
up €18,960 (+51.2%), from €37,008 to €55,968
mainly Tax, wage and social debts (+€27,968) and Net result for the year (+€23,990)
- Intangible fixed assets -€12,863
no longer reported in 2024 (was €12,863)
- Stocks and contracts +€11,596
up €11,596 (+13.5%), from €85,759 to €97,355
- Receivables within one year +€3,339
up €3,339 (+1.9%), from €173,452 to €176,791
of which Trade receivables: +€4,644
- Current portion of long-term debt -€34,550
no longer reported in 2024 (was €34,550)
- Tax, wage and social debts +€27,968
up €27,968 (+126%), from €22,184 to €50,152
of which Taxes: +€26,604
- Profit (loss) carried forward -€25,000
down €25,000 (-10.5%), from €237,351 to €212,351
- Reserves +€23,990
up €23,990 (+1,290%), from €1,860 to €25,850
of which Distributable reserves: +€23,990
- Other debts +€17,500
new in 2024: €17,500
- Gross operating margin -€37,861
down €37,861 (-38.8%), from €97,510 to €59,649
- Depreciation -€10,497
down €10,497 (-44.5%), from €23,609 to €13,112
- Taxes -€4,068
down €4,068 (-18.3%), from €22,184 to €18,116
- Financial charges -€1,231
down €1,231 (-46.4%), from €2,654 to €1,423
- Financial income +€1,102
up €1,102 (+15.1%), from €7,273 to €8,375
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 | €311,121 | €331,960 | +€20,839 | +6.7% |
| Fixed assets | 21/28 | €13,448 | €336 | -€13,112 | -97.5% |
| Intangible fixed assets | 21 | €12,863 | - | -€12,863 | |
| Tangible fixed assets | 22/27 | €420 | €171 | -€249 | -59.3% |
| Furniture and vehicles | 24 | €420 | €171 | -€249 | -59.3% |
| Financial fixed assets | 28 | €165 | €165 | = | 0.0% |
| Current assets | 29/58 | €297,673 | €331,625 | +€33,952 | +11.4% |
| Stocks and contracts in progress | 3 | €85,759 | €97,355 | +€11,596 | +13.5% |
| Stocks | 30/36 | €85,759 | €97,355 | +€11,596 | +13.5% |
| Amounts receivable within one year | 40/41 | €173,452 | €176,791 | +€3,339 | +1.9% |
| Trade receivables | 40 | €34,945 | €39,589 | +€4,644 | +13.3% |
| Other amounts receivable | 41 | €138,507 | €137,203 | -€1,304 | -0.9% |
| Cash at bank and in hand | 54/58 | €37,008 | €55,968 | +€18,960 | +51.2% |
| Deferred charges and accrued income | 490/1 | €1,454 | €1,510 | +€56 | +3.9% |
| Total equity and liabilities | 10/49 | €311,121 | €331,960 | +€20,839 | +6.7% |
| Equity | 10/15 | €253,711 | €252,701 | -€1,010 | -0.4% |
| Contributions | 10/11 | €14,500 | €14,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €25,850 | +€23,990 | +1,290% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €23,990 | +€23,990 | |
| Profit (loss) carried forward | 14 | €237,351 | €212,351 | -€25,000 | -10.5% |
| Amounts payable | 17/49 | €57,410 | €79,259 | +€21,849 | +38.1% |
| Amounts payable within one year | 42/48 | €57,410 | €79,259 | +€21,849 | +38.1% |
| Current portion of amounts payable after more than one year | 42 | €34,550 | - | -€34,550 | |
| Trade debts | 44 | €676 | €11,607 | +€10,931 | +1,617% |
| Suppliers | 440/4 | €676 | €11,607 | +€10,931 | +1,617% |
| Taxes, remuneration and social security | 45 | €22,184 | €50,152 | +€27,968 | +126% |
| Taxes | 450/3 | €22,184 | €48,788 | +€26,604 | +120% |
| Remuneration and social security | 454/9 | - | €1,364 | +€1,364 | |
| Other amounts payable | 47/48 | - | €17,500 | +€17,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,609 | €13,112 | -€10,497 | -44.5% |
| Other operating charges | 640/8 | €1,262 | €839 | -€423 | -33.5% |
| Non-recurring operating charges | 66A | - | €10,543 | +€10,543 | |
| Gross operating margin | 9900 | €97,510 | €59,649 | -€37,861 | -38.8% |
| Operating profit (loss) | 9901 | €72,639 | €35,155 | -€37,484 | -51.6% |
| Financial income | 75/76B | €7,273 | €8,375 | +€1,102 | +15.1% |
| Recurring financial income | 75 | €7,273 | €8,375 | +€1,102 | +15.1% |
| Financial charges | 65/66B | €2,654 | €1,423 | -€1,231 | -46.4% |
| Recurring financial charges | 65 | €2,654 | €1,423 | -€1,231 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | €77,258 | €42,107 | -€35,151 | -45.5% |
| Income taxes | 67/77 | €22,184 | €18,116 | -€4,068 | -18.3% |
| Profit (loss) for the period | 9904 | €55,074 | €23,990 | -€31,084 | -56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €55,074 | €23,990 | -€31,084 | -56.4% |
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 17 October 2026 via checked.be.