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PHARMADVICE: 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.

What changed

PHARMADVICE

BE 0896.586.737
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€12,238
2024 · -€24,642+€12,404
Equity
€1.2m
2024 · €1.2m-€12,238
Cash
€172,593
2024 · €182,674-€10,082
Balance sheet total
€1.2m
2024 · €1.2m-€11,228

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€31,737

    down €31,737 (-3.0%), from €1.1m to €1.0m

  • Current investments +€29,911

    new in 2025: €29,911

Equity and liabilities

No liability line moved by more than 1% of the balance sheet total.

    Income statement
    • Gross operating margin +€12,323

      up €12,323 (+103.3%), from €11,928 to €24,251

    • Financial income +€317

      up €317 (+103.0%), from €308 to €625

    From the 2024 result to the 2025 result

    effect on the 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 -€24,642
    Gross operating margin +€12,323
    Other operating charges -€149
    Financial income +€317
    Financial charges -€87
    Result 2025 -€12,238

    Cash bridge derived

    cash 2024 to 2025

    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 +€19,829
    Investment -€29,911
    Financing €0
    Cash 2024 €182,674
    Net result for the year -€12,238
    Depreciation +€31,737
    Receivables within one year -€680
    Trade debts +€431
    Other debts +€331
    Accrued charges and deferred income +€248
    Current investments -€29,911
    Cash 2025 €172,593
    Every line side by side 35 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €1,236,022 €1,224,794 -€11,228 -0.9%
    Fixed assets 21/28 €1,050,109 €1,018,372 -€31,737 -3.0%
    Tangible fixed assets 22/27 €1,050,109 €1,018,372 -€31,737 -3.0%
    Land and buildings 22 €1,050,109 €1,018,372 -€31,737 -3.0%
    Current assets 29/58 €185,913 €206,422 +€20,509 +11.0%
    Amounts receivable within one year 40/41 €3,238 €3,918 +€680 +21.0%
    Other amounts receivable 41 €3,238 €3,918 +€680 +21.0%
    Current investments 50/53 - €29,911 +€29,911
    Cash at bank and in hand 54/58 €182,674 €172,593 -€10,082 -5.5%
    Deferred charges and accrued income 490/1 €0 - =
    Total equity and liabilities 10/49 €1,236,022 €1,224,794 -€11,228 -0.9%
    Equity 10/15 €1,223,097 €1,210,859 -€12,238 -1.0%
    Contributions 10/11 €1,440,000 €1,440,000 = 0.0%
    Reserves 13 €148,226 €148,226 = 0.0%
    Non-distributable reserves 130/1 €0 - =
    Reserves not available under the articles 1311 €0 - =
    Distributable reserves 133 €148,226 €148,226 = 0.0%
    Profit (loss) carried forward 14 -€365,129 -€377,367 -€12,238 -3.4%
    Amounts payable 17/49 €12,925 €13,935 +€1,010 +7.8%
    Amounts payable within one year 42/48 €11,868 €12,630 +€762 +6.4%
    Trade debts 44 €2,978 €3,409 +€431 +14.5%
    Suppliers 440/4 €2,978 €3,409 +€431 +14.5%
    Other amounts payable 47/48 €8,890 €9,221 +€331 +3.7%
    Accrued charges and deferred income 492/3 €1,057 €1,305 +€248 +23.4%
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €31,737 €31,737 = 0.0%
    Other operating charges 640/8 €5,068 €5,217 +€149 +2.9%
    Gross operating margin 9900 €11,928 €24,251 +€12,323 +103.3%
    Operating profit (loss) 9901 -€24,877 -€12,703 +€12,174 +48.9%
    Financial income 75/76B €308 €625 +€317 +103.0%
    Recurring financial income 75 €308 €625 +€317 +103.0%
    Financial charges 65/66B €73 €160 +€87 +118.4%
    Recurring financial charges 65 €73 €160 +€87 +118.4%
    Profit (loss) for the period before taxes 9903 -€24,642 -€12,238 +€12,404 +50.3%
    Profit (loss) for the period 9904 -€24,642 -€12,238 +€12,404 +50.3%
    Profit (loss) for the period to be appropriated 9905 -€24,642 -€12,238 +€12,404 +50.3%

    Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.