Pharmacie Forthomme: 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
Pharmacie Forthomme
NACE 47.730, Retail sale of pharmaceutical products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€53,140
2024 · €13,493-€66,633
Equity
-€10,209
2024 · €42,931-€53,140
Cash
€91,390
2024 · €72,781+€18,609
Balance sheet total
€2.7m
2024 · €2.9m-€144,634
Largest movements
Assets
- Tangible fixed assets -€152,033
down €152,033 (-7.1%), from €2.2m to €2.0m
of which Land and buildings: -€111,668
Equity and liabilities
- Trade debts -€104,996
down €104,996 (-25.4%), from €414,139 to €309,143
- Profit (loss) carried forward -€53,140
down €53,140, from €22,321 to -€30,818
- Other debts -€51,061
down €51,061 (-40.8%), from €125,024 to €73,963
Income statement
- Gross operating margin +€169,713
up €169,713 (+22.4%), from €756,579 to €926,291
- Staff costs +€124,002
up €124,002 (+23.5%), from €527,662 to €651,663
- Depreciation +€88,462
up €88,462 (+64.0%), from €138,254 to €226,716
- Financial charges +€32,600
up €32,600 (+69.0%), from €47,273 to €79,873
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
€13,493
Gross operating margin
+€169,713
Staff costs
-€124,002
Depreciation
-€88,462
Other operating charges
-€78
Financial income
+€138
Financial charges
-€32,600
Taxes
+€8,659
Result 2025
-€53,140
raises the resultlowers the result
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
+€37,445
Investment
-€51,297
Financing
+€32,461
Cash 2024
€72,781
From operations (derived)
+€37,445
Net result for the year
-€53,140
Depreciation
+€226,716
Stocks and contracts
+€7,696
Receivables within one year
-€23,102
Deferred charges and accrued income
+€3,231
Trade debts
-€104,996
Tax, wage and social debts
+€14,876
Other debts
-€51,061
Accrued charges and deferred income
+€17,226
Investment (derived)
-€51,297
Investment in fixed assets (net)
-€51,297
Financing
+€32,461
Debts after one year
+€4,934
Current portion of long-term debt
+€26,671
Short-term financial debts
+€856
Cash 2025
€91,390
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,883,295 | €2,738,661 | -€144,634 | -5.0% |
| Fixed assets | 21/28 | €2,221,450 | €2,046,031 | -€175,419 | -7.9% |
| Intangible fixed assets | 21 | €67,826 | €44,440 | -€23,386 | -34.5% |
| Tangible fixed assets | 22/27 | €2,153,160 | €2,001,127 | -€152,033 | -7.1% |
| Land and buildings | 22 | €1,897,692 | €1,786,025 | -€111,668 | -5.9% |
| Plant, machinery and equipment | 23 | €53,474 | €51,485 | -€1,989 | -3.7% |
| Furniture and vehicles | 24 | €8,072 | €6,463 | -€1,609 | -19.9% |
| Leasing and similar rights | 25 | €155,538 | €132,057 | -€23,481 | -15.1% |
| Other tangible fixed assets | 26 | €38,384 | €25,097 | -€13,287 | -34.6% |
| Financial fixed assets | 28 | €464 | €464 | = | 0.0% |
| Current assets | 29/58 | €661,845 | €692,630 | +€30,785 | +4.7% |
| Stocks and contracts in progress | 3 | €327,717 | €320,021 | -€7,696 | -2.3% |
| Stocks | 30/36 | €327,717 | €320,021 | -€7,696 | -2.3% |
| Amounts receivable within one year | 40/41 | €251,806 | €274,908 | +€23,102 | +9.2% |
| Trade receivables | 40 | €184,199 | €233,264 | +€49,065 | +26.6% |
| Other amounts receivable | 41 | €67,606 | €41,643 | -€25,963 | -38.4% |
| Cash at bank and in hand | 54/58 | €72,781 | €91,390 | +€18,609 | +25.6% |
| Deferred charges and accrued income | 490/1 | €9,541 | €6,311 | -€3,231 | -33.9% |
| Total equity and liabilities | 10/49 | €2,883,295 | €2,738,661 | -€144,634 | -5.0% |
| Equity | 10/15 | €42,931 | -€10,209 | -€53,140 | |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,321 | -€30,818 | -€53,140 | |
| Amounts payable | 17/49 | €2,840,364 | €2,748,869 | -€91,494 | -3.2% |
| Amounts payable after more than one year | 17 | €1,812,298 | €1,817,231 | +€4,934 | +0.3% |
| Financial debts | 170/4 | €1,512,298 | €1,517,231 | +€4,934 | +0.3% |
| Other amounts payable | 178/9 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €980,827 | €867,173 | -€113,654 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €145,082 | €171,753 | +€26,671 | +18.4% |
| Financial debts | 43 | €226,716 | €227,572 | +€856 | +0.4% |
| Credit institutions | 430/8 | €226,716 | €227,572 | +€856 | +0.4% |
| Trade debts | 44 | €414,139 | €309,143 | -€104,996 | -25.4% |
| Suppliers | 440/4 | €414,139 | €309,143 | -€104,996 | -25.4% |
| Taxes, remuneration and social security | 45 | €69,866 | €84,742 | +€14,876 | +21.3% |
| Taxes | 450/3 | €7,506 | €11,747 | +€4,241 | +56.5% |
| Remuneration and social security | 454/9 | €62,360 | €72,995 | +€10,635 | +17.1% |
| Other amounts payable | 47/48 | €125,024 | €73,963 | -€51,061 | -40.8% |
| Accrued charges and deferred income | 492/3 | €47,240 | €64,466 | +€17,226 | +36.5% |
| Non-recurring operating income | 76A | - | €6,000 | +€6,000 | |
| Remuneration, social security and pensions | 62 | €527,662 | €651,663 | +€124,002 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €138,254 | €226,716 | +€88,462 | +64.0% |
| Other operating charges | 640/8 | €19,960 | €20,037 | +€78 | +0.4% |
| Gross operating margin | 9900 | €756,579 | €926,291 | +€169,713 | +22.4% |
| Operating profit (loss) | 9901 | €70,704 | €27,874 | -€42,829 | -60.6% |
| Financial income | 75/76B | - | €138 | +€138 | |
| Recurring financial income | 75 | - | €138 | +€138 | |
| Financial charges | 65/66B | €47,273 | €79,873 | +€32,600 | +69.0% |
| Recurring financial charges | 65 | €47,273 | €79,873 | +€32,600 | +69.0% |
| Profit (loss) for the period before taxes | 9903 | €23,431 | -€51,861 | -€75,292 | |
| Income taxes | 67/77 | €9,938 | €1,279 | -€8,659 | -87.1% |
| Profit (loss) for the period | 9904 | €13,493 | -€53,140 | -€66,633 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,493 | -€53,140 | -€66,633 |
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 24 October 2026 via checked.be.