PHARMASCHMIDT: 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.
PHARMASCHMIDT
Largest movements
- Cash -€62,212
down €62,212 (-45.1%), from €137,866 to €75,654
mainly Debts after one year (-€46,600) and Other debts (-€26,983)
- Receivables within one year +€23,040
up €23,040 (+28.8%), from €79,907 to €102,948
of which Other amounts receivable: +€12,475
- Tangible fixed assets -€17,357
down €17,357 (-8.3%), from €207,890 to €190,532
of which Land and buildings: -€16,569
- Stocks and contracts +€10,707
up €10,707 (+10.3%), from €103,658 to €114,365
- Reserves +€55,962
up €55,962 (+28.2%), from €198,735 to €254,697
of which Distributable reserves: +€55,962
- Debts after one year -€46,600
down €46,600 (-42.2%), from €110,308 to €63,707
- Other debts -€26,983
down €26,983 (-69.2%), from €38,967 to €11,985
- Current portion of long-term debt -€23,733
down €23,733 (-33.3%), from €71,228 to €47,495
- Tax, wage and social debts -€21,821
down €21,821 (-60.9%), from €35,801 to €13,980
of which Taxes: -€23,435
- Depreciation -€30,965
down €30,965 (-46.6%), from €66,489 to €35,524
- Staff costs +€28,258
up €28,258 (+41.4%), from €68,188 to €96,446
- Taxes -€6,388
down €6,388 (-18.6%), from €34,272 to €27,884
- Gross operating margin -€2,607
down €2,607 (-1.1%), from €239,638 to €237,031
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €535,271 | €490,283 | -€44,988 | -8.4% |
| Fixed assets | 21/28 | €208,954 | €191,597 | -€17,357 | -8.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €207,890 | €190,532 | -€17,357 | -8.3% |
| Land and buildings | 22 | €199,911 | €183,342 | -€16,569 | -8.3% |
| Plant, machinery and equipment | 23 | €3,427 | €2,594 | -€834 | -24.3% |
| Furniture and vehicles | 24 | €4,551 | €4,597 | +€46 | +1.0% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | - | €0 | = | |
| Financial fixed assets | 28 | €1,064 | €1,064 | = | 0.0% |
| Current assets | 29/58 | €326,317 | €298,687 | -€27,630 | -8.5% |
| Stocks and contracts in progress | 3 | €103,658 | €114,365 | +€10,707 | +10.3% |
| Stocks | 30/36 | €103,658 | €114,365 | +€10,707 | +10.3% |
| Amounts receivable within one year | 40/41 | €79,907 | €102,948 | +€23,040 | +28.8% |
| Trade receivables | 40 | €79,907 | €90,472 | +€10,565 | +13.2% |
| Other amounts receivable | 41 | €0 | €12,475 | +€12,475 | |
| Cash at bank and in hand | 54/58 | €137,866 | €75,654 | -€62,212 | -45.1% |
| Deferred charges and accrued income | 490/1 | €4,886 | €5,720 | +€834 | +17.1% |
| Total equity and liabilities | 10/49 | €535,271 | €490,283 | -€44,988 | -8.4% |
| Equity | 10/15 | €199,735 | €255,697 | +€55,962 | +28.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €198,735 | €254,697 | +€55,962 | +28.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €198,735 | €254,697 | +€55,962 | +28.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €335,536 | €234,587 | -€100,949 | -30.1% |
| Amounts payable after more than one year | 17 | €110,308 | €63,707 | -€46,600 | -42.2% |
| Financial debts | 170/4 | €110,308 | €63,707 | -€46,600 | -42.2% |
| Amounts payable within one year | 42/48 | €225,228 | €170,879 | -€54,349 | -24.1% |
| Current portion of amounts payable after more than one year | 42 | €71,228 | €47,495 | -€23,733 | -33.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €79,232 | €97,419 | +€18,188 | +23.0% |
| Suppliers | 440/4 | €79,232 | €97,419 | +€18,188 | +23.0% |
| Taxes, remuneration and social security | 45 | €35,801 | €13,980 | -€21,821 | -60.9% |
| Taxes | 450/3 | €28,872 | €5,437 | -€23,435 | -81.2% |
| Remuneration and social security | 454/9 | €6,929 | €8,544 | +€1,615 | +23.3% |
| Other amounts payable | 47/48 | €38,967 | €11,985 | -€26,983 | -69.2% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €68,188 | €96,446 | +€28,258 | +41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,489 | €35,524 | -€30,965 | -46.6% |
| Other operating charges | 640/8 | €1,581 | €1,641 | +€60 | +3.8% |
| Non-recurring operating charges | 66A | €378 | €64 | -€314 | -83.1% |
| Gross operating margin | 9900 | €239,638 | €237,031 | -€2,607 | -1.1% |
| Operating profit (loss) | 9901 | €103,002 | €103,357 | +€354 | +0.3% |
| Financial income | 75/76B | €215 | €311 | +€95 | +44.3% |
| Recurring financial income | 75 | €215 | €311 | +€95 | +44.3% |
| Financial charges | 65/66B | €9,263 | €7,206 | -€2,057 | -22.2% |
| Recurring financial charges | 65 | €9,263 | €7,206 | -€2,057 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €93,955 | €96,461 | +€2,507 | +2.7% |
| Income taxes | 67/77 | €34,272 | €27,884 | -€6,388 | -18.6% |
| Profit (loss) for the period | 9904 | €59,683 | €68,577 | +€8,894 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €59,683 | €68,577 | +€8,894 | +14.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.