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Pharminackx: 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

Pharminackx

BE 0744.671.869
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€10,599
2024 · €13,539-€2,940
Equity
€76,204
2024 · €65,604+€10,599
Cash
€1,058
2024 · €44+€1,014
Balance sheet total
€940,417
2024 · €939,349+€1,068

Largest movements

2024 to 2025
Assets

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

    Equity and liabilities
    • Debts after one year -€32,811

      down €32,811 (-7.0%), from €465,787 to €432,976

    • Other debts +€22,400

      up €22,400 (+6.0%), from €373,927 to €396,327

    • Reserves +€10,599

      up €10,599 (+17.5%), from €60,604 to €71,204

    Income statement
    • Gross operating margin -€4,348

      down €4,348 (-16.6%), from €26,210 to €21,862

    • Taxes -€1,054

      down €1,054 (-19.6%), from €5,387 to €4,333

    • Financial charges -€352

      down €352 (-8.3%), from €4,239 to €3,887

    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 €13,539
    Gross operating margin -€4,348
    Staff costs +€33
    Other operating charges -€31
    Financial income +€0
    Financial charges +€352
    Taxes +€1,054
    Result 2025 €10,599

    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 +€33,464
    Investment €0
    Financing -€32,450
    Cash 2024 €44
    Net result for the year +€10,599
    Receivables within one year -€54
    Trade debts -€343
    Tax, wage and social debts +€862
    Other debts +€22,400
    Debts after one year -€32,811
    Current portion of long-term debt +€360
    Cash 2025 €1,058
    Every line side by side 36 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €939,349 €940,417 +€1,068 +0.1%
    Fixed assets 21/28 €931,431 €931,431 = 0.0%
    Financial fixed assets 28 €931,431 €931,431 = 0.0%
    Current assets 29/58 €7,918 €8,986 +€1,068 +13.5%
    Amounts receivable within one year 40/41 €7,873 €7,927 +€54 +0.7%
    Trade receivables 40 €7,260 €7,260 = 0.0%
    Other amounts receivable 41 €613 €667 +€54 +8.8%
    Cash at bank and in hand 54/58 €44 €1,058 +€1,014 +2301.7%
    Total equity and liabilities 10/49 €939,349 €940,417 +€1,068 +0.1%
    Equity 10/15 €65,604 €76,204 +€10,599 +16.2%
    Contributions 10/11 €5,000 €5,000 = 0.0%
    Reserves 13 €60,604 €71,204 +€10,599 +17.5%
    Distributable reserves 133 €60,604 €71,204 +€10,599 +17.5%
    Amounts payable 17/49 €873,744 €864,213 -€9,531 -1.1%
    Amounts payable after more than one year 17 €465,787 €432,976 -€32,811 -7.0%
    Financial debts 170/4 €465,787 €432,976 -€32,811 -7.0%
    Amounts payable within one year 42/48 €407,958 €431,237 +€23,280 +5.7%
    Current portion of amounts payable after more than one year 42 €32,450 €32,811 +€360 +1.1%
    Trade debts 44 €542 €199 -€343 -63.4%
    Suppliers 440/4 €542 €199 -€343 -63.4%
    Taxes, remuneration and social security 45 €1,039 €1,901 +€862 +83.0%
    Taxes 450/3 €1,039 €1,001 -€38 -3.6%
    Remuneration and social security 454/9 - €900 +€900
    Other amounts payable 47/48 €373,927 €396,327 +€22,400 +6.0%
    Remuneration, social security and pensions 62 €2,016 €1,983 -€33 -1.6%
    Other operating charges 640/8 €1,030 €1,060 +€31 +3.0%
    Gross operating margin 9900 €26,210 €21,862 -€4,348 -16.6%
    Operating profit (loss) 9901 €23,165 €18,819 -€4,346 -18.8%
    Financial income 75/76B €0 €0 +€0
    Recurring financial income 75 €0 €0 +€0
    Financial charges 65/66B €4,239 €3,887 -€352 -8.3%
    Recurring financial charges 65 €4,239 €3,887 -€352 -8.3%
    Profit (loss) for the period before taxes 9903 €18,926 €14,932 -€3,994 -21.1%
    Income taxes 67/77 €5,387 €4,333 -€1,054 -19.6%
    Profit (loss) for the period 9904 €13,539 €10,599 -€2,940 -21.7%
    Profit (loss) for the period to be appropriated 9905 €13,539 €10,599 -€2,940 -21.7%

    Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.