Solidpharma: 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.
Solidpharma
Largest movements
- Intangible fixed assets -€147,797
down €147,797 (-26.6%), from €555,411 to €407,615
- Cash +€141,833
up €141,833 (+91.7%), from €154,621 to €296,454
mainly Depreciation (+€170,914) and Net result for the year (+€163,718)
- Stocks and contracts +€52,357
up €52,357 (+5.9%), from €887,256 to €939,613
- Reserves +€163,718
up €163,718 (+29.7%), from €550,853 to €714,570
of which Distributable reserves: +€163,718
- Short-term financial debts -€125,000
down €125,000 (-15.4%), from €812,500 to €687,500
- Accrued charges and deferred income +€31,733
up €31,733 (+138.8%), from €22,856 to €54,589
- Debts after one year -€22,929
down €22,929 (-22.9%), from €100,000 to €77,071
- Current portion of long-term debt +€22,929
new in 2025: €22,929
- Gross operating margin +€315,592
up €315,592 (+38.3%), from €824,440 to €1.1m
- Taxes +€89,846
up €89,846 (+360.2%), from €24,942 to €114,789
- Staff costs +€45,056
up €45,056 (+8.0%), from €565,661 to €610,717
- Financial charges +€21,606
up €21,606 (+38.2%), from €56,496 to €78,102
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 | €2,237,773 | €2,281,257 | +€43,484 | +1.9% |
| Fixed assets | 21/28 | €604,451 | €445,350 | -€159,101 | -26.3% |
| Intangible fixed assets | 21 | €555,411 | €407,615 | -€147,797 | -26.6% |
| Tangible fixed assets | 22/27 | €44,565 | €33,261 | -€11,304 | -25.4% |
| Land and buildings | 22 | €188 | €0 | -€188 | -100.0% |
| Plant, machinery and equipment | 23 | €27,298 | €16,573 | -€10,725 | -39.3% |
| Furniture and vehicles | 24 | €6,596 | €12,103 | +€5,506 | +83.5% |
| Other tangible fixed assets | 26 | €10,483 | €4,585 | -€5,897 | -56.3% |
| Financial fixed assets | 28 | €4,475 | €4,475 | = | 0.0% |
| Current assets | 29/58 | €1,633,322 | €1,835,907 | +€202,585 | +12.4% |
| Stocks and contracts in progress | 3 | €887,256 | €939,613 | +€52,357 | +5.9% |
| Stocks | 30/36 | €887,256 | €939,613 | +€52,357 | +5.9% |
| Amounts receivable within one year | 40/41 | €563,216 | €572,517 | +€9,301 | +1.7% |
| Trade receivables | 40 | €467,354 | €560,932 | +€93,578 | +20.0% |
| Other amounts receivable | 41 | €95,862 | €11,585 | -€84,277 | -87.9% |
| Cash at bank and in hand | 54/58 | €154,621 | €296,454 | +€141,833 | +91.7% |
| Deferred charges and accrued income | 490/1 | €28,228 | €27,323 | -€906 | -3.2% |
| Total equity and liabilities | 10/49 | €2,237,773 | €2,281,257 | +€43,484 | +1.9% |
| Equity | 10/15 | €569,453 | €733,170 | +€163,718 | +28.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €550,853 | €714,570 | +€163,718 | +29.7% |
| Non-distributable reserves | 130/1 | €6,400 | €6,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,400 | €6,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,309 | €1,309 | = | 0.0% |
| Distributable reserves | 133 | €543,144 | €706,861 | +€163,718 | +30.1% |
| Amounts payable | 17/49 | €1,668,321 | €1,548,087 | -€120,233 | -7.2% |
| Amounts payable after more than one year | 17 | €100,000 | €77,071 | -€22,929 | -22.9% |
| Financial debts | 170/4 | €100,000 | €77,071 | -€22,929 | -22.9% |
| Amounts payable within one year | 42/48 | €1,545,465 | €1,416,428 | -€129,037 | -8.3% |
| Current portion of amounts payable after more than one year | 42 | - | €22,929 | +€22,929 | |
| Financial debts | 43 | €812,500 | €687,500 | -€125,000 | -15.4% |
| Credit institutions | 430/8 | €812,500 | €687,500 | -€125,000 | -15.4% |
| Trade debts | 44 | €565,669 | €552,422 | -€13,248 | -2.3% |
| Suppliers | 440/4 | €565,669 | €552,422 | -€13,248 | -2.3% |
| Taxes, remuneration and social security | 45 | €167,296 | €153,577 | -€13,719 | -8.2% |
| Taxes | 450/3 | €119,546 | €98,452 | -€21,094 | -17.6% |
| Remuneration and social security | 454/9 | €47,749 | €55,124 | +€7,375 | +15.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €22,856 | €54,589 | +€31,733 | +138.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €565,661 | €610,717 | +€45,056 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161,779 | €170,914 | +€9,135 | +5.6% |
| Other operating charges | 640/8 | €2,758 | €4,461 | +€1,703 | +61.8% |
| Gross operating margin | 9900 | €824,440 | €1,140,033 | +€315,592 | +38.3% |
| Operating profit (loss) | 9901 | €94,243 | €353,940 | +€259,698 | +275.6% |
| Financial income | 75/76B | €1,754 | €2,668 | +€914 | +52.1% |
| Recurring financial income | 75 | €1,754 | €2,668 | +€914 | +52.1% |
| Financial charges | 65/66B | €56,496 | €78,102 | +€21,606 | +38.2% |
| Recurring financial charges | 65 | €56,496 | €78,102 | +€21,606 | +38.2% |
| Profit (loss) for the period before taxes | 9903 | €39,500 | €278,506 | +€239,006 | +605.1% |
| Income taxes | 67/77 | €24,942 | €114,789 | +€89,846 | +360.2% |
| Profit (loss) for the period | 9904 | €14,558 | €163,718 | +€149,160 | +1024.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,558 | €163,718 | +€149,160 | +1024.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.