Superphar: 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
Superphar
NACE 47.730, Retail sale of pharmaceutical products
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€4,076
2023 · €138,826-€134,751
Equity
€4.2m
2023 · €4.2m+€4,076
Cash
€671,257
2023 · €541,144+€130,113
Balance sheet total
€6.2m
2023 · €6.0m+€210,150
Largest movements
Assets
- Stocks and contracts +€203,925
up €203,925 (+17.1%), from €1.2m to €1.4m
- Current investments -€200,000
down €200,000 (-20.0%), from €1.0m to €800,000
- Tangible fixed assets +€163,641
up €163,641 (+7.5%), from €2.2m to €2.4m
of which Furniture and vehicles: +€135,896
- Cash +€130,113
up €130,113 (+24.0%), from €541,144 to €671,257
mainly Depreciation (+€285,423) and Current investments (+€200,000)
- Receivables within one year -€74,567
down €74,567 (-7.0%), from €1.1m to €988,165
of which Trade receivables: -€157,893
Equity and liabilities
- Trade debts +€140,260
up €140,260 (+20.3%), from €689,981 to €830,242
- Other debts +€109,247
up €109,247 (+12.2%), from €894,615 to €1.0m
Income statement
- Turnover +€521,549
up €521,549 (+8.1%), from €6.4m to €6.9m
- Purchases and services +€429,147
up €429,147 (+8.2%), from €5.2m to €5.6m
- Staff costs +€164,844
up €164,844 (+17.9%), from €920,271 to €1.1m
- Gross operating margin +€114,302
up €114,302 (+8.7%), from €1.3m to €1.4m
From the 2023 result to the 2024 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 2023
€138,826
Gross operating margin
+€114,302
Staff costs
-€164,844
Depreciation
-€66,086
Write-downs
+€5,930
Other operating charges
-€141
Other operating items
-€292
Financial income
+€210
Financial charges
+€1,702
Taxes
-€25,530
Result 2024
€4,076
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€409,177
Investment
-€249,064
Financing
-€30,000
Cash 2023
€541,144
From operations (derived)
+€409,177
Net result for the year
+€4,076
Depreciation
+€285,423
Stocks and contracts
-€203,925
Receivables within one year
+€74,567
Deferred charges and accrued income
+€12,962
Trade debts
+€140,260
Tax, wage and social debts
-€14,115
Other debts
+€109,247
Accrued charges and deferred income
+€683
Investment (derived)
-€249,064
Investment in fixed assets (net)
-€449,064
Current investments
+€200,000
Financing
-€30,000
Debts after one year
-€30,000
Cash 2024
€671,257
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,038,739 | €6,248,890 | +€210,150 | +3.5% |
| Fixed assets | 21/28 | €2,202,475 | €2,366,116 | +€163,641 | +7.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €2,196,275 | €2,359,916 | +€163,641 | +7.5% |
| Land and buildings | 22 | €623,595 | €599,177 | -€24,418 | -3.9% |
| Plant, machinery and equipment | 23 | €505,735 | €455,688 | -€50,046 | -9.9% |
| Furniture and vehicles | 24 | €113,585 | €249,481 | +€135,896 | +119.6% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | €953,361 | €1,055,571 | +€102,210 | +10.7% |
| Financial fixed assets | 28 | €6,200 | €6,200 | = | 0.0% |
| Current assets | 29/58 | €3,836,264 | €3,882,773 | +€46,509 | +1.2% |
| Stocks and contracts in progress | 3 | €1,194,548 | €1,398,473 | +€203,925 | +17.1% |
| Stocks | 30/36 | €1,194,548 | €1,398,473 | +€203,925 | +17.1% |
| Amounts receivable within one year | 40/41 | €1,062,731 | €988,165 | -€74,567 | -7.0% |
| Trade receivables | 40 | €577,657 | €419,764 | -€157,893 | -27.3% |
| Other amounts receivable | 41 | €485,075 | €568,401 | +€83,327 | +17.2% |
| Current investments | 50/53 | €1,000,000 | €800,000 | -€200,000 | -20.0% |
| Cash at bank and in hand | 54/58 | €541,144 | €671,257 | +€130,113 | +24.0% |
| Deferred charges and accrued income | 490/1 | €37,841 | €24,879 | -€12,962 | -34.3% |
| Total equity and liabilities | 10/49 | €6,038,739 | €6,248,890 | +€210,150 | +3.5% |
| Equity | 10/15 | €4,152,506 | €4,156,582 | +€4,076 | +0.1% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €2,993,344 | €2,993,344 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €0 | -€3,718 | -100.0% |
| Reserves not available under the articles | 1311 | €3,718 | €0 | -€3,718 | -100.0% |
| Tax-exempt reserves | 132 | €9,916 | €9,916 | = | 0.0% |
| Distributable reserves | 133 | €2,979,710 | €2,983,428 | +€3,718 | +0.1% |
| Profit (loss) carried forward | 14 | €1,121,978 | €1,126,054 | +€4,076 | +0.4% |
| Amounts payable | 17/49 | €1,886,233 | €2,092,308 | +€206,075 | +10.9% |
| Amounts payable after more than one year | 17 | €46,300 | €16,300 | -€30,000 | -64.8% |
| Financial debts | 170/4 | €45,000 | €15,000 | -€30,000 | -66.7% |
| Other amounts payable | 178/9 | €1,300 | €1,300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,831,185 | €2,066,577 | +€235,391 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €32,500 | €32,500 | = | 0.0% |
| Trade debts | 44 | €689,981 | €830,242 | +€140,260 | +20.3% |
| Suppliers | 440/4 | €689,981 | €830,242 | +€140,260 | +20.3% |
| Taxes, remuneration and social security | 45 | €214,089 | €199,974 | -€14,115 | -6.6% |
| Taxes | 450/3 | €73,538 | €53,062 | -€20,475 | -27.8% |
| Remuneration and social security | 454/9 | €140,551 | €146,911 | +€6,360 | +4.5% |
| Other amounts payable | 47/48 | €894,615 | €1,003,861 | +€109,247 | +12.2% |
| Accrued charges and deferred income | 492/3 | €8,748 | €9,431 | +€683 | +7.8% |
| Turnover | 70 | €6,420,362 | €6,941,911 | +€521,549 | +8.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,218,825 | €5,647,972 | +€429,147 | +8.2% |
| Remuneration, social security and pensions | 62 | €920,271 | €1,085,115 | +€164,844 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €219,336 | €285,423 | +€66,086 | +30.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,986 | €3,056 | -€5,930 | -66.0% |
| Other operating charges | 640/8 | €23,608 | €23,749 | +€141 | +0.6% |
| Non-recurring operating charges | 66A | €303 | €595 | +€292 | +96.4% |
| Gross operating margin | 9900 | €1,309,655 | €1,423,957 | +€114,302 | +8.7% |
| Operating profit (loss) | 9901 | €137,151 | €26,019 | -€111,132 | -81.0% |
| Financial income | 75/76B | €29,940 | €30,150 | +€210 | +0.7% |
| Recurring financial income | 75 | €29,940 | €30,150 | +€210 | +0.7% |
| Financial charges | 65/66B | €9,171 | €7,469 | -€1,702 | -18.6% |
| Recurring financial charges | 65 | €9,171 | €7,469 | -€1,702 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €157,919 | €48,699 | -€109,220 | -69.2% |
| Income taxes | 67/77 | €19,093 | €44,623 | +€25,530 | +133.7% |
| Profit (loss) for the period | 9904 | €138,826 | €4,076 | -€134,751 | -97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €138,826 | €4,076 | -€134,751 | -97.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.