RiethPharma: 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.
RiethPharma
Largest movements
- Receivables within one year +€26,525
up €26,525 (+56.9%), from €46,625 to €73,150
of which Trade receivables: +€17,028
- Cash -€2,298
down €2,298 (-47.1%), from €4,874 to €2,576
mainly Receivables within one year (-€26,525) and Stocks and contracts (-€1,500)
- Stocks and contracts +€1,500
up €1,500 (+3.0%), from €49,725 to €51,225
- Trade debts +€14,915
up €14,915 (+44.3%), from €33,694 to €48,610
- Reserves +€9,947
up €9,947 (+24.9%), from €39,984 to €49,931
- Staff costs -€34,376
down €34,376 (-100.0%), from €34,376 to €0
- Gross operating margin -€16,688
down €16,688 (-50.1%), from €33,315 to €16,627
- Financial charges +€1,545
up €1,545 (+39.5%), from €3,906 to €5,450
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.
Cash bridge derived
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 | €113,869 | €138,933 | +€25,064 | +22.0% |
| Fixed assets | 21/28 | €4,020 | €2,999 | -€1,021 | -25.4% |
| Tangible fixed assets | 22/27 | €4,020 | €2,999 | -€1,021 | -25.4% |
| Plant, machinery and equipment | 23 | €4,020 | €2,999 | -€1,021 | -25.4% |
| Current assets | 29/58 | €109,848 | €135,934 | +€26,086 | +23.7% |
| Stocks and contracts in progress | 3 | €49,725 | €51,225 | +€1,500 | +3.0% |
| Stocks | 30/36 | €49,725 | €51,225 | +€1,500 | +3.0% |
| Amounts receivable within one year | 40/41 | €46,625 | €73,150 | +€26,525 | +56.9% |
| Trade receivables | 40 | €41,830 | €58,859 | +€17,028 | +40.7% |
| Other amounts receivable | 41 | €4,795 | €14,292 | +€9,497 | +198.0% |
| Cash at bank and in hand | 54/58 | €4,874 | €2,576 | -€2,298 | -47.1% |
| Deferred charges and accrued income | 490/1 | €8,624 | €8,983 | +€359 | +4.2% |
| Total equity and liabilities | 10/49 | €113,869 | €138,933 | +€25,064 | +22.0% |
| Equity | 10/15 | €58,534 | €68,481 | +€9,947 | +17.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €39,984 | €49,931 | +€9,947 | +24.9% |
| Distributable reserves | 133 | €39,984 | €49,931 | +€9,947 | +24.9% |
| Amounts payable | 17/49 | €55,335 | €70,452 | +€15,117 | +27.3% |
| Amounts payable within one year | 42/48 | €53,730 | €69,032 | +€15,303 | +28.5% |
| Financial debts | 43 | €0 | €347 | +€347 | |
| Credit institutions | 430/8 | €0 | €347 | +€347 | |
| Trade debts | 44 | €33,694 | €48,610 | +€14,915 | +44.3% |
| Suppliers | 440/4 | €33,694 | €48,610 | +€14,915 | +44.3% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €20,035 | €20,075 | +€40 | +0.2% |
| Accrued charges and deferred income | 492/3 | €1,605 | €1,420 | -€186 | -11.6% |
| Remuneration, social security and pensions | 62 | €34,376 | €0 | -€34,376 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €854 | €1,021 | +€167 | +19.6% |
| Other operating charges | 640/8 | €203 | €208 | +€5 | +2.3% |
| Gross operating margin | 9900 | €33,315 | €16,627 | -€16,688 | -50.1% |
| Operating profit (loss) | 9901 | -€2,119 | €15,398 | +€17,516 | |
| Financial charges | 65/66B | €3,906 | €5,450 | +€1,545 | +39.5% |
| Recurring financial charges | 65 | €3,906 | €5,450 | +€1,545 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,024 | €9,947 | +€15,972 | |
| Profit (loss) for the period | 9904 | -€6,024 | €9,947 | +€15,972 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,024 | €9,947 | +€15,972 |
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 4 October 2026 via checked.be.