PHARMACAR: 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
PHARMACAR
NACE 46.720, Wholesale of motor vehicle parts and accessories
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€311,180
2024 · €506,619-€195,439
Equity
€2.0m
2024 · €2.0m-€12,882
Cash
€551,704
2024 · €566,249-€14,545
Balance sheet total
€2.6m
2024 · €2.2m+€321,163
Largest movements
Assets
- Receivables after one year +€188,800
up €188,800, from €0 to €188,800
of which Other amounts receivable: +€188,800
- Current investments +€96,082
up €96,082 (+32.0%), from €300,000 to €396,082
- Stocks and contracts +€63,832
up €63,832 (+8.6%), from €739,894 to €803,726
- Financial fixed assets +€59,014
up €59,014, from €0 to €59,014
- Receivables within one year -€38,899
down €38,899 (-7.2%), from €540,470 to €501,571
of which Trade receivables: -€86,194
Equity and liabilities
- Trade debts +€400,755
up €400,755 (+569%), from €70,387 to €471,143
- Tax, wage and social debts -€55,755
down €55,755 (-73.5%), from €75,818 to €20,063
Income statement
- Gross operating margin -€278,618
down €278,618 (-35.3%), from €789,492 to €510,874
- Taxes -€86,466
down €86,466 (-37.3%), from €232,002 to €145,536
- Other operating charges +€9,702
up €9,702 (+151%), from €6,417 to €16,120
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
€506,619
Gross operating margin
-€278,618
Depreciation
+€2,316
Write-downs
+€1,384
Other operating charges
-€9,702
Other operating items
+€3,953
Financial income
-€1,734
Financial charges
+€496
Taxes
+€86,466
Result 2025
€311,180
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
+€475,135
Investment
-€149,964
Financing
-€339,715
Cash 2024
€566,249
From operations (derived)
+€475,135
Net result for the year
+€311,180
Depreciation
+€28,021
Receivables after one year
-€188,800
Stocks and contracts
-€63,832
Receivables within one year
+€38,899
Smaller working-capital items
+€0
Trade debts
+€400,755
Tax, wage and social debts
-€55,755
Other debts
+€4,667
Investment (derived)
-€149,964
Investment in fixed assets (net)
-€53,883
Current investments
-€96,082
Financing
-€339,715
Debts after one year
-€14,812
Current portion of long-term debt
-€906
Short-term financial debts
+€65
Contributions, distributions and other
-€324,062
Cash 2025
€551,704
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,243,687 | €2,564,850 | +€321,163 | +14.3% |
| Fixed assets | 21/28 | €87,430 | €113,292 | +€25,862 | +29.6% |
| Intangible fixed assets | 21 | €23,739 | €16,773 | -€6,967 | -29.3% |
| Tangible fixed assets | 22/27 | €63,691 | €37,505 | -€26,185 | -41.1% |
| Plant, machinery and equipment | 23 | €1,770 | €2,817 | +€1,047 | +59.2% |
| Furniture and vehicles | 24 | €8,233 | €3,191 | -€5,041 | -61.2% |
| Leasing and similar rights | 25 | €45,007 | €31,203 | -€13,804 | -30.7% |
| Other tangible fixed assets | 26 | €8,681 | €293 | -€8,387 | -96.6% |
| Financial fixed assets | 28 | €0 | €59,014 | +€59,014 | |
| Current assets | 29/58 | €2,156,257 | €2,451,558 | +€295,302 | +13.7% |
| Amounts receivable after more than one year | 29 | €0 | €188,800 | +€188,800 | |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | - | €188,800 | +€188,800 | |
| Stocks and contracts in progress | 3 | €739,894 | €803,726 | +€63,832 | +8.6% |
| Stocks | 30/36 | €739,894 | €803,726 | +€63,832 | +8.6% |
| Amounts receivable within one year | 40/41 | €540,470 | €501,571 | -€38,899 | -7.2% |
| Trade receivables | 40 | €539,506 | €453,312 | -€86,194 | -16.0% |
| Other amounts receivable | 41 | €963 | €48,259 | +€47,296 | +4,910% |
| Current investments | 50/53 | €300,000 | €396,082 | +€96,082 | +32.0% |
| Cash at bank and in hand | 54/58 | €566,249 | €551,704 | -€14,545 | -2.6% |
| Deferred charges and accrued income | 490/1 | €9,644 | €9,675 | +€31 | +0.3% |
| Total equity and liabilities | 10/49 | €2,243,687 | €2,564,850 | +€321,163 | +14.3% |
| Equity | 10/15 | €2,049,495 | €2,036,613 | -€12,882 | -0.6% |
| Contributions | 10/11 | €98,600 | €98,600 | = | 0.0% |
| Reserves | 13 | €1,694,640 | €1,683,424 | -€11,216 | -0.7% |
| Distributable reserves | 133 | €1,694,640 | €1,683,424 | -€11,216 | -0.7% |
| Profit (loss) carried forward | 14 | €256,255 | €254,589 | -€1,666 | -0.7% |
| Amounts payable | 17/49 | €194,192 | €528,237 | +€334,045 | +172% |
| Amounts payable after more than one year | 17 | €27,756 | €12,943 | -€14,812 | -53.4% |
| Financial debts | 170/4 | €27,756 | €12,943 | -€14,812 | -53.4% |
| Amounts payable within one year | 42/48 | €165,468 | €514,295 | +€348,827 | +211% |
| Current portion of amounts payable after more than one year | 42 | €15,718 | €14,812 | -€906 | -5.8% |
| Financial debts | 43 | €291 | €356 | +€65 | +22.4% |
| Credit institutions | 430/8 | €291 | €356 | +€65 | +22.4% |
| Trade debts | 44 | €70,387 | €471,143 | +€400,755 | +569% |
| Suppliers | 440/4 | €70,387 | €471,143 | +€400,755 | +569% |
| Taxes, remuneration and social security | 45 | €75,818 | €20,063 | -€55,755 | -73.5% |
| Taxes | 450/3 | €75,818 | €20,063 | -€55,755 | -73.5% |
| Other amounts payable | 47/48 | €3,255 | €7,921 | +€4,667 | +143% |
| Accrued charges and deferred income | 492/3 | €968 | €998 | +€31 | +3.2% |
| Non-recurring operating income | 76A | €12,850 | €0 | -€12,850 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,337 | €28,021 | -€2,316 | -7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,384 | €0 | -€1,384 | -100% |
| Other operating charges | 640/8 | €6,417 | €16,120 | +€9,702 | +151% |
| Non-recurring operating charges | 66A | €6,072 | €2,119 | -€3,953 | -65.1% |
| Gross operating margin | 9900 | €789,492 | €510,874 | -€278,618 | -35.3% |
| Operating profit (loss) | 9901 | €745,282 | €464,615 | -€280,668 | -37.7% |
| Financial income | 75/76B | €5,219 | €3,485 | -€1,734 | -33.2% |
| Recurring financial income | 75 | €5,219 | €3,485 | -€1,734 | -33.2% |
| Financial charges | 65/66B | €11,880 | €11,384 | -€496 | -4.2% |
| Recurring financial charges | 65 | €11,880 | €11,384 | -€496 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €738,621 | €456,716 | -€281,905 | -38.2% |
| Income taxes | 67/77 | €232,002 | €145,536 | -€86,466 | -37.3% |
| Profit (loss) for the period | 9904 | €506,619 | €311,180 | -€195,439 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €506,619 | €311,180 | -€195,439 | -38.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.