PHARMACOACH: what changed
Two fiscal 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.
PHARMACOACH
Largest movements
- Cash +€49,749
up €49,749 (+63149.2%), from €79 to €49,828
mainly Other debts (+€23,141) and Net result for the year (+€22,487)
- Receivables after one year -€16,303
down €16,303 (-5.2%), from €316,515 to €300,212
- Receivables within one year -€10,712
down €10,712 (-6.6%), from €162,574 to €151,862
of which Trade receivables: -€10,712
- Other debts +€23,141
up €23,141 (+77.9%), from €29,690 to €52,831
- Tax, wage and social debts +€10,126
up €10,126 (+26.9%), from €37,649 to €47,776
of which Taxes: +€15,403
- Debts after one year -€8,191
down €8,191 (-2.9%), from €283,297 to €275,106
- Profit (loss) carried forward -€7,513
down €7,513 (-4.7%), from €159,535 to €152,022
- Trade debts +€7,360
up €7,360 (+20.0%), from €36,729 to €44,089
- Staff costs -€14,001
down €14,001 (-7.1%), from €196,512 to €182,511
- Gross operating margin -€9,554
down €9,554 (-3.9%), from €242,742 to €233,188
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 | €579,337 | €601,143 | +€21,805 | +3.8% |
| Fixed assets | 21/28 | €98,709 | €98,218 | -€491 | -0.5% |
| Tangible fixed assets | 22/27 | €43,459 | €42,968 | -€491 | -1.1% |
| Land and buildings | 22 | €41,282 | €41,282 | = | 0.0% |
| Furniture and vehicles | 24 | €2,177 | €1,686 | -€491 | -22.6% |
| Financial fixed assets | 28 | €55,250 | €55,250 | = | 0.0% |
| Current assets | 29/58 | €480,629 | €502,925 | +€22,296 | +4.6% |
| Amounts receivable after more than one year | 29 | €316,515 | €300,212 | -€16,303 | -5.2% |
| Other amounts receivable | 291 | €316,515 | €300,212 | -€16,303 | -5.2% |
| Amounts receivable within one year | 40/41 | €162,574 | €151,862 | -€10,712 | -6.6% |
| Trade receivables | 40 | €162,330 | €151,618 | -€10,712 | -6.6% |
| Other amounts receivable | 41 | €244 | €244 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €79 | €49,828 | +€49,749 | +63149.2% |
| Deferred charges and accrued income | 490/1 | €1,461 | €1,024 | -€437 | -29.9% |
| Total equity and liabilities | 10/49 | €579,337 | €601,143 | +€21,805 | +3.8% |
| Equity | 10/15 | €179,995 | €172,482 | -€7,513 | -4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €159,535 | €152,022 | -€7,513 | -4.7% |
| Amounts payable | 17/49 | €399,342 | €428,661 | +€29,319 | +7.3% |
| Amounts payable after more than one year | 17 | €283,297 | €275,106 | -€8,191 | -2.9% |
| Financial debts | 170/4 | €283,297 | €275,106 | -€8,191 | -2.9% |
| Amounts payable within one year | 42/48 | €116,046 | €153,555 | +€37,510 | +32.3% |
| Current portion of amounts payable after more than one year | 42 | €11,718 | €8,860 | -€2,858 | -24.4% |
| Financial debts | 43 | €260 | €0 | -€260 | -100.0% |
| Credit institutions | 430/8 | €260 | €0 | -€260 | -100.0% |
| Trade debts | 44 | €36,729 | €44,089 | +€7,360 | +20.0% |
| Suppliers | 440/4 | €36,729 | €44,089 | +€7,360 | +20.0% |
| Taxes, remuneration and social security | 45 | €37,649 | €47,776 | +€10,126 | +26.9% |
| Taxes | 450/3 | €8,741 | €24,144 | +€15,403 | +176.2% |
| Remuneration and social security | 454/9 | €28,908 | €23,632 | -€5,276 | -18.3% |
| Other amounts payable | 47/48 | €29,690 | €52,831 | +€23,141 | +77.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €196,512 | €182,511 | -€14,001 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €762 | €1,209 | +€447 | +58.7% |
| Other operating charges | 640/8 | €338 | €949 | +€611 | +180.6% |
| Non-recurring operating charges | 66A | €6,083 | €0 | -€6,083 | -100.0% |
| Gross operating margin | 9900 | €242,742 | €233,188 | -€9,554 | -3.9% |
| Operating profit (loss) | 9901 | €39,048 | €48,519 | +€9,471 | +24.3% |
| Financial income | 75/76B | €2 | €108 | +€106 | +5882.2% |
| Recurring financial income | 75 | €2 | €108 | +€106 | +5882.2% |
| Financial charges | 65/66B | €15,214 | €13,379 | -€1,836 | -12.1% |
| Recurring financial charges | 65 | €15,214 | €13,379 | -€1,836 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €23,835 | €35,248 | +€11,413 | +47.9% |
| Income taxes | 67/77 | €12,428 | €12,761 | +€333 | +2.7% |
| Profit (loss) for the period | 9904 | €11,407 | €22,487 | +€11,080 | +97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,407 | €22,487 | +€11,080 | +97.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.