PHARMGETH: 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
PHARMGETH
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€5,383
2024 · €9,701-€15,085
Equity
€668,073
2024 · €687,193-€19,120
Cash
€5,299
2024 · €404+€4,895
Balance sheet total
€1.2m
2024 · €1.3m-€39,810
Largest movements
Assets
- Tangible fixed assets -€28,620
down €28,620 (-12.9%), from €222,717 to €194,096
of which Land and buildings: -€24,808
- Receivables after one year -€25,000
down €25,000 (-14.3%), from €175,000 to €150,000
Equity and liabilities
- Reserves -€19,120
down €19,120 (-6.3%), from €305,193 to €286,073
of which Distributable reserves: -€15,450
- Debts after one year -€14,286
down €14,286 (-46.2%), from €30,952 to €16,666
- Tax, wage and social debts -€12,802
down €12,802 (-27.5%), from €46,505 to €33,704
of which Remuneration and social security: -€10,942
Income statement
- Gross operating margin -€21,081
down €21,081 (-17.6%), from €119,673 to €98,592
- Taxes -€7,327
down €7,327 (-92.4%), from €7,931 to €604
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
€9,701
Gross operating margin
-€21,081
Staff costs
-€1,113
Other operating charges
-€369
Financial charges
+€151
Taxes
+€7,327
Result 2025
-€5,383
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
+€35,673
Investment
€0
Financing
-€30,778
Cash 2024
€404
From operations (derived)
+€35,673
Net result for the year
-€5,383
Depreciation
+€28,620
Receivables after one year
+€25,000
Receivables within one year
-€8,637
Deferred charges and accrued income
-€279
Provisions
-€1,223
Trade debts
+€3,867
Tax, wage and social debts
-€12,802
Other debts
+€5,973
Accrued charges and deferred income
+€536
Financing
-€30,778
Debts after one year
-€14,286
Current portion of long-term debt
-€1,319
Short-term financial debts
-€1,437
Contributions, distributions and other
-€13,736
Cash 2025
€5,299
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,262,306 | €1,222,496 | -€39,810 | -3.2% |
| Fixed assets | 21/28 | €1,017,989 | €989,369 | -€28,620 | -2.8% |
| Tangible fixed assets | 22/27 | €222,717 | €194,096 | -€28,620 | -12.9% |
| Land and buildings | 22 | €218,316 | €193,507 | -€24,808 | -11.4% |
| Furniture and vehicles | 24 | €4,401 | €589 | -€3,812 | -86.6% |
| Financial fixed assets | 28 | €795,273 | €795,273 | = | 0.0% |
| Current assets | 29/58 | €244,316 | €233,127 | -€11,189 | -4.6% |
| Amounts receivable after more than one year | 29 | €175,000 | €150,000 | -€25,000 | -14.3% |
| Other amounts receivable | 291 | €175,000 | €150,000 | -€25,000 | -14.3% |
| Amounts receivable within one year | 40/41 | €67,589 | €76,226 | +€8,637 | +12.8% |
| Trade receivables | 40 | €10,849 | €17,718 | +€6,869 | +63.3% |
| Other amounts receivable | 41 | €56,740 | €58,507 | +€1,767 | +3.1% |
| Cash at bank and in hand | 54/58 | €404 | €5,299 | +€4,895 | +1,211% |
| Deferred charges and accrued income | 490/1 | €1,323 | €1,602 | +€279 | +21.1% |
| Total equity and liabilities | 10/49 | €1,262,306 | €1,222,496 | -€39,810 | -3.2% |
| Equity | 10/15 | €687,193 | €668,073 | -€19,120 | -2.8% |
| Contributions | 10/11 | €382,000 | €382,000 | = | 0.0% |
| Capital | 10 | €382,000 | €382,000 | = | 0.0% |
| Issued capital | 100 | €382,000 | €382,000 | = | 0.0% |
| Reserves | 13 | €305,193 | €286,073 | -€19,120 | -6.3% |
| Non-distributable reserves | 130/1 | €20,116 | €20,116 | = | 0.0% |
| Legal reserve | 130 | €20,116 | €20,116 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,979 | €19,309 | -€3,670 | -16.0% |
| Distributable reserves | 133 | €262,098 | €246,648 | -€15,450 | -5.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €94,454 | €93,231 | -€1,223 | -1.3% |
| Provisions for liabilities and charges | 160/5 | €86,794 | €86,794 | = | 0.0% |
| Pensions and similar obligations | 160 | €86,794 | €86,794 | = | 0.0% |
| Deferred taxes | 168 | €7,660 | €6,436 | -€1,223 | -16.0% |
| Amounts payable | 17/49 | €480,658 | €461,192 | -€19,467 | -4.1% |
| Amounts payable after more than one year | 17 | €30,952 | €16,666 | -€14,286 | -46.2% |
| Financial debts | 170/4 | €30,952 | €16,666 | -€14,286 | -46.2% |
| Amounts payable within one year | 42/48 | €448,750 | €443,033 | -€5,717 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €15,605 | €14,286 | -€1,319 | -8.5% |
| Financial debts | 43 | €1,444 | €7 | -€1,437 | -99.5% |
| Credit institutions | 430/8 | €1,444 | €7 | -€1,437 | -99.5% |
| Trade debts | 44 | €5,357 | €9,224 | +€3,867 | +72.2% |
| Suppliers | 440/4 | €5,357 | €9,224 | +€3,867 | +72.2% |
| Taxes, remuneration and social security | 45 | €46,505 | €33,704 | -€12,802 | -27.5% |
| Taxes | 450/3 | €19,834 | €17,975 | -€1,859 | -9.4% |
| Remuneration and social security | 454/9 | €26,671 | €15,728 | -€10,942 | -41.0% |
| Other amounts payable | 47/48 | €379,839 | €385,813 | +€5,973 | +1.6% |
| Accrued charges and deferred income | 492/3 | €957 | €1,493 | +€536 | +56.0% |
| Remuneration, social security and pensions | 62 | €58,970 | €60,084 | +€1,113 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,620 | €28,620 | = | 0.0% |
| Other operating charges | 640/8 | €3,032 | €3,401 | +€369 | +12.2% |
| Gross operating margin | 9900 | €119,673 | €98,592 | -€21,081 | -17.6% |
| Operating profit (loss) | 9901 | €29,050 | €6,487 | -€22,563 | -77.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €12,641 | €12,490 | -€151 | -1.2% |
| Recurring financial charges | 65 | €12,641 | €12,490 | -€151 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €16,409 | -€6,003 | -€22,412 | |
| Transfer from deferred taxes | 780 | €1,223 | €1,223 | = | 0.0% |
| Income taxes | 67/77 | €7,931 | €604 | -€7,327 | -92.4% |
| Profit (loss) for the period | 9904 | €9,701 | -€5,383 | -€15,085 | |
| Transfer from tax-exempt reserves | 789 | €3,670 | €3,670 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,371 | -€1,713 | -€15,085 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.