SELFPHARMA: 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.
SELFPHARMA
Largest movements
- Cash +€49,153
up €49,153 (+41.7%), from €117,875 to €167,028
- Tangible fixed assets +€44,407
up €44,407 (+14.7%), from €301,124 to €345,530
of which Other tangible fixed assets: +€204,511
- Receivables within one year +€40,322
up €40,322 (+20.3%), from €198,341 to €238,663
of which Other amounts receivable: +€74,624
- Stocks and contracts -€34,536
down €34,536 (-21.3%), from €162,096 to €127,559
- Trade debts -€45,727
down €45,727 (-25.5%), from €178,993 to €133,266
- Reserves +€43,140
up €43,140 (+35.0%), from €123,360 to €166,500
- Tax, wage and social debts +€37,480
up €37,480 (+116.6%), from €32,156 to €69,636
of which Remuneration and social security: +€21,796
- Profit (loss) carried forward +€35,628
up €35,628 (+7.3%), from €490,847 to €526,475
- Current portion of long-term debt +€16,593
up €16,593 (+430.8%), from €3,851 to €20,445
- Depreciation +€19,506
up €19,506 (+66.4%), from €29,374 to €48,880
- Taxes -€11,731
down €11,731 (-42.9%), from €27,329 to €15,598
- Staff costs -€10,380
down €10,380 (-4.5%), from €233,232 to €222,852
- Financial income +€8,246
up €8,246 (+470.0%), from €1,754 to €10,000
- Gross operating margin -€6,259
down €6,259 (-1.8%), from €357,114 to €350,855
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,257,844 | €1,357,008 | +€99,164 | +7.9% |
| Fixed assets | 21/28 | €301,349 | €345,755 | +€44,407 | +14.7% |
| Tangible fixed assets | 22/27 | €301,124 | €345,530 | +€44,407 | +14.7% |
| Land and buildings | 22 | €130,000 | €117,000 | -€13,000 | -10.0% |
| Plant, machinery and equipment | 23 | €162,386 | €23,969 | -€138,417 | -85.2% |
| Furniture and vehicles | 24 | €8,738 | €50 | -€8,687 | -99.4% |
| Other tangible fixed assets | 26 | - | €204,511 | +€204,511 | |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €956,495 | €1,011,252 | +€54,757 | +5.7% |
| Amounts receivable after more than one year | 29 | €472,000 | €472,000 | = | 0.0% |
| Other amounts receivable | 291 | €472,000 | €472,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €162,096 | €127,559 | -€34,536 | -21.3% |
| Stocks | 30/36 | €162,096 | €127,559 | -€34,536 | -21.3% |
| Amounts receivable within one year | 40/41 | €198,341 | €238,663 | +€40,322 | +20.3% |
| Trade receivables | 40 | €166,951 | €132,649 | -€34,302 | -20.5% |
| Other amounts receivable | 41 | €31,391 | €106,015 | +€74,624 | +237.7% |
| Cash at bank and in hand | 54/58 | €117,875 | €167,028 | +€49,153 | +41.7% |
| Deferred charges and accrued income | 490/1 | €6,183 | €6,002 | -€181 | -2.9% |
| Total equity and liabilities | 10/49 | €1,257,844 | €1,357,008 | +€99,164 | +7.9% |
| Equity | 10/15 | €632,807 | €713,435 | +€80,628 | +12.7% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €123,360 | €166,500 | +€43,140 | +35.0% |
| Non-distributable reserves | 130/1 | €123,360 | €166,500 | +€43,140 | +35.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €121,500 | €166,500 | +€45,000 | +37.0% |
| Profit (loss) carried forward | 14 | €490,847 | €526,475 | +€35,628 | +7.3% |
| Amounts payable | 17/49 | €625,036 | €643,572 | +€18,536 | +3.0% |
| Amounts payable after more than one year | 17 | €410,035 | €420,225 | +€10,190 | +2.5% |
| Financial debts | 170/4 | €410,035 | €420,225 | +€10,190 | +2.5% |
| Amounts payable within one year | 42/48 | €215,001 | €223,347 | +€8,346 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €3,851 | €20,445 | +€16,593 | +430.8% |
| Trade debts | 44 | €178,993 | €133,266 | -€45,727 | -25.5% |
| Suppliers | 440/4 | €178,993 | €133,266 | -€45,727 | -25.5% |
| Taxes, remuneration and social security | 45 | €32,156 | €69,636 | +€37,480 | +116.6% |
| Taxes | 450/3 | €5,753 | €21,436 | +€15,684 | +272.6% |
| Remuneration and social security | 454/9 | €26,404 | €48,200 | +€21,796 | +82.5% |
| Remuneration, social security and pensions | 62 | €233,232 | €222,852 | -€10,380 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,374 | €48,880 | +€19,506 | +66.4% |
| Other operating charges | 640/8 | €8,712 | €4,459 | -€4,253 | -48.8% |
| Gross operating margin | 9900 | €357,114 | €350,855 | -€6,259 | -1.8% |
| Operating profit (loss) | 9901 | €85,796 | €74,664 | -€11,132 | -13.0% |
| Financial income | 75/76B | €1,754 | €10,000 | +€8,246 | +470.0% |
| Recurring financial income | 75 | €1,754 | €10,000 | +€8,246 | +470.0% |
| Financial charges | 65/66B | €23,668 | €18,509 | -€5,159 | -21.8% |
| Recurring financial charges | 65 | €23,668 | €18,509 | -€5,159 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €63,883 | €66,155 | +€2,273 | +3.6% |
| Income taxes | 67/77 | €27,329 | €15,598 | -€11,731 | -42.9% |
| Profit (loss) for the period | 9904 | €36,554 | €50,557 | +€14,003 | +38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,554 | €50,557 | +€14,003 | +38.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 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.