PHARMACIE CORNIL: what changed
What changed
PHARMACIE CORNIL
NACE 47.730, Retail sale of pharmaceutical products
filed annual accounts (NBB)
Net result for the year
-€17,341
2024 · -€4,364-€12,977
Equity
€593,368
2024 · €610,709-€17,341
Cash
€187,862
2024 · €154,824+€33,038
Balance sheet total
€784,819
2024 · €803,967-€19,148
Largest movements
Assets
- Tangible fixed assets -€58,518
down €58,518 (-23.7%), from €247,088 to €188,570
- Cash +€33,038
up €33,038 (+21.3%), from €154,824 to €187,862
mainly Depreciation (+€84,113) and Trade debts (+€7,526)
- Receivables within one year +€9,987
up €9,987 (+11.4%), from €87,955 to €97,941
of which Trade receivables: +€12,404
Equity and liabilities
- Reserves -€17,341
down €17,341 (-2.9%), from €592,109 to €574,768
Income statement
- Gross operating margin -€53,196
down €53,196 (-25.8%), from €206,222 to €153,026
- Staff costs -€43,522
down €43,522 (-34.8%), from €124,976 to €81,454
- Depreciation +€3,583
up €3,583 (+4.4%), from €80,530 to €84,113
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€4,364
Gross operating margin
-€53,196
Staff costs
+€43,522
Depreciation
-€3,583
Other operating charges
-€417
Financial income
+€337
Financial charges
+€339
Taxes
+€20
Result 2025
-€17,341
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€73,329
Investment
-€29,215
Financing
-€11,076
Cash 2024
€154,824
From operations (derived)
+€73,329
Net result for the year
-€17,341
Depreciation
+€84,113
Stocks and contracts
+€5,910
Receivables within one year
-€9,987
Deferred charges and accrued income
+€1,364
Provisions
-€285
Trade debts
+€7,526
Tax, wage and social debts
+€2,028
Investment (derived)
-€29,215
Investment in fixed assets (net)
-€25,595
Current investments
-€3,620
Financing
-€11,076
Debts after one year
-€5,687
Current portion of long-term debt
-€5,529
Short-term financial debts
+€140
Cash 2025
€187,862
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €803,967 | €784,819 | -€19,148 | -2.4% |
| Fixed assets | 21/28 | €247,488 | €188,970 | -€58,518 | -23.6% |
| Tangible fixed assets | 22/27 | €247,088 | €188,570 | -€58,518 | -23.7% |
| Land and buildings | 22 | €95,200 | €74,800 | -€20,400 | -21.4% |
| Plant, machinery and equipment | 23 | €1,953 | €1,206 | -€747 | -38.3% |
| Furniture and vehicles | 24 | €68,280 | €50,953 | -€17,326 | -25.4% |
| Other tangible fixed assets | 26 | €81,655 | €61,610 | -€20,045 | -24.5% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €556,479 | €595,849 | +€39,370 | +7.1% |
| Stocks and contracts in progress | 3 | €301,929 | €296,019 | -€5,910 | -2.0% |
| Stocks | 30/36 | €301,929 | €296,019 | -€5,910 | -2.0% |
| Amounts receivable within one year | 40/41 | €87,955 | €97,941 | +€9,987 | +11.4% |
| Trade receivables | 40 | €77,536 | €89,940 | +€12,404 | +16.0% |
| Other amounts receivable | 41 | €10,419 | €8,001 | -€2,417 | -23.2% |
| Current investments | 50/53 | €3,463 | €7,083 | +€3,620 | +105% |
| Cash at bank and in hand | 54/58 | €154,824 | €187,862 | +€33,038 | +21.3% |
| Deferred charges and accrued income | 490/1 | €8,308 | €6,944 | -€1,364 | -16.4% |
| Total equity and liabilities | 10/49 | €803,967 | €784,819 | -€19,148 | -2.4% |
| Equity | 10/15 | €610,709 | €593,368 | -€17,341 | -2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €592,109 | €574,768 | -€17,341 | -2.9% |
| Distributable reserves | 133 | €592,109 | €574,768 | -€17,341 | -2.9% |
| Provisions and deferred taxes | 16 | €1,208 | €924 | -€285 | -23.6% |
| Provisions for liabilities and charges | 160/5 | €1,208 | €924 | -€285 | -23.6% |
| Pensions and similar obligations | 160 | €1,208 | €924 | -€285 | -23.6% |
| Amounts payable | 17/49 | €192,050 | €190,528 | -€1,522 | -0.8% |
| Amounts payable after more than one year | 17 | €5,687 | - | -€5,687 | |
| Trade debts | 175 | €5,687 | - | -€5,687 | |
| Amounts payable within one year | 42/48 | €186,363 | €190,528 | +€4,164 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €11,216 | €5,687 | -€5,529 | -49.3% |
| Financial debts | 43 | €91,302 | €91,441 | +€140 | +0.2% |
| Credit institutions | 430/8 | €91,302 | - | -€91,302 | |
| Other loans | 439 | - | €91,441 | +€91,441 | |
| Trade debts | 44 | €57,823 | €65,349 | +€7,526 | +13.0% |
| Suppliers | 440/4 | €57,823 | €65,349 | +€7,526 | +13.0% |
| Taxes, remuneration and social security | 45 | €26,023 | €28,050 | +€2,028 | +7.8% |
| Taxes | 450/3 | €7,235 | €6,238 | -€997 | -13.8% |
| Remuneration and social security | 454/9 | €18,787 | €21,812 | +€3,025 | +16.1% |
| Non-recurring operating income | 76A | - | €0 | +€0 | |
| Remuneration, social security and pensions | 62 | €124,976 | €81,454 | -€43,522 | -34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,530 | €84,113 | +€3,583 | +4.4% |
| Other operating charges | 640/8 | €4,490 | €4,907 | +€417 | +9.3% |
| Gross operating margin | 9900 | €206,222 | €153,026 | -€53,196 | -25.8% |
| Operating profit (loss) | 9901 | -€3,774 | -€17,447 | -€13,673 | -362% |
| Financial income | 75/76B | €1,253 | €1,590 | +€337 | +26.9% |
| Recurring financial income | 75 | €1,253 | €1,590 | +€337 | +26.9% |
| Financial charges | 65/66B | €1,537 | €1,198 | -€339 | -22.1% |
| Recurring financial charges | 65 | €1,537 | €1,198 | -€339 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,058 | -€17,055 | -€12,997 | -320% |
| Income taxes | 67/77 | €306 | €286 | -€20 | -6.5% |
| Profit (loss) for the period | 9904 | -€4,364 | -€17,341 | -€12,977 | -297% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,364 | -€17,341 | -€12,977 | -297% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.