PHARMAYOU GLONS: 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.
PHARMAYOU GLONS
Largest movements
- Intangible fixed assets +€115,968
new in 2025: €115,968
- Cash +€65,872
up €65,872 (+36.8%), from €178,802 to €244,673
mainly Debts after one year (+€84,189) and Net result for the year (+€72,334)
- Receivables within one year +€26,866
up €26,866 (+14.3%), from €187,957 to €214,823
of which Other amounts receivable: +€34,982
- Tangible fixed assets -€11,150
down €11,150 (-8.2%), from €135,279 to €124,129
of which Land and buildings: -€17,338
- Debts after one year +€84,189
up €84,189 (+65.1%), from €129,386 to €213,576
- Profit (loss) carried forward +€72,334
up €72,334 (+22.2%), from €325,671 to €398,005
- Trade debts +€49,980
up €49,980 (+50.3%), from €99,305 to €149,285
- Other debts -€29,192
down €29,192 (-93.2%), from €31,309 to €2,117
- Current portion of long-term debt +€25,495
up €25,495 (+96.9%), from €26,316 to €51,811
- Gross operating margin +€41,283
up €41,283 (+12.8%), from €321,917 to €363,200
- Taxes +€21,193
up €21,193 (+497%), from €4,268 to €25,461
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €699,195 | €901,766 | +€202,571 | +29.0% |
| Fixed assets | 21/28 | €135,279 | €240,097 | +€104,819 | +77.5% |
| Intangible fixed assets | 21 | - | €115,968 | +€115,968 | |
| Tangible fixed assets | 22/27 | €135,279 | €124,129 | -€11,150 | -8.2% |
| Land and buildings | 22 | €132,725 | €115,387 | -€17,338 | -13.1% |
| Plant, machinery and equipment | 23 | €482 | €5,290 | +€4,807 | +997% |
| Furniture and vehicles | 24 | €2,072 | €3,452 | +€1,380 | +66.6% |
| Current assets | 29/58 | €563,916 | €661,668 | +€97,752 | +17.3% |
| Stocks and contracts in progress | 3 | €195,086 | €197,621 | +€2,535 | +1.3% |
| Stocks | 30/36 | €195,086 | €197,621 | +€2,535 | +1.3% |
| Amounts receivable within one year | 40/41 | €187,957 | €214,823 | +€26,866 | +14.3% |
| Trade receivables | 40 | €123,240 | €115,124 | -€8,116 | -6.6% |
| Other amounts receivable | 41 | €64,717 | €99,699 | +€34,982 | +54.1% |
| Cash at bank and in hand | 54/58 | €178,802 | €244,673 | +€65,872 | +36.8% |
| Deferred charges and accrued income | 490/1 | €2,072 | €4,551 | +€2,480 | +120% |
| Total equity and liabilities | 10/49 | €699,195 | €901,766 | +€202,571 | +29.0% |
| Equity | 10/15 | €389,309 | €461,079 | +€71,770 | +18.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,090 | €41,090 | = | 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% |
| Distributable reserves | 133 | €39,230 | €39,230 | = | 0.0% |
| Profit (loss) carried forward | 14 | €325,671 | €398,005 | +€72,334 | +22.2% |
| Investment grants | 15 | €3,948 | €3,384 | -€564 | -14.3% |
| Amounts payable | 17/49 | €309,886 | €440,687 | +€130,800 | +42.2% |
| Amounts payable after more than one year | 17 | €129,386 | €213,576 | +€84,189 | +65.1% |
| Financial debts | 170/4 | €129,386 | €213,576 | +€84,189 | +65.1% |
| Amounts payable within one year | 42/48 | €180,500 | €227,111 | +€46,611 | +25.8% |
| Current portion of amounts payable after more than one year | 42 | €26,316 | €51,811 | +€25,495 | +96.9% |
| Trade debts | 44 | €99,305 | €149,285 | +€49,980 | +50.3% |
| Suppliers | 440/4 | €99,305 | €149,285 | +€49,980 | +50.3% |
| Taxes, remuneration and social security | 45 | €23,570 | €23,898 | +€328 | +1.4% |
| Taxes | 450/3 | €5,595 | €10,999 | +€5,404 | +96.6% |
| Remuneration and social security | 454/9 | €17,975 | €12,899 | -€5,076 | -28.2% |
| Other amounts payable | 47/48 | €31,309 | €2,117 | -€29,192 | -93.2% |
| Remuneration, social security and pensions | 62 | €226,404 | €229,229 | +€2,825 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,793 | €19,186 | +€393 | +2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€98 | €604 | +€702 | |
| Other operating charges | 640/8 | €4,189 | €4,324 | +€134 | +3.2% |
| Gross operating margin | 9900 | €321,917 | €363,200 | +€41,283 | +12.8% |
| Operating profit (loss) | 9901 | €72,628 | €109,856 | +€37,228 | +51.3% |
| Financial income | 75/76B | €755 | €1,118 | +€364 | +48.2% |
| Recurring financial income | 75 | €755 | €1,118 | +€364 | +48.2% |
| Financial charges | 65/66B | €9,656 | €13,179 | +€3,523 | +36.5% |
| Recurring financial charges | 65 | €9,656 | €13,179 | +€3,523 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €63,727 | €97,796 | +€34,069 | +53.5% |
| Income taxes | 67/77 | €4,268 | €25,461 | +€21,193 | +497% |
| Profit (loss) for the period | 9904 | €59,458 | €72,334 | +€12,876 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €59,458 | €72,334 | +€12,876 | +21.7% |
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 21 October 2026 via checked.be.