SWILEM PHARMACEUTICALS: what changed
What changed
SWILEM PHARMACEUTICALS
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€7,783
2024 · -€8,135+€352
Equity
-€20,398
2024 · -€12,615-€7,783
Cash
€19,294
2024 · €11,045+€8,250
Balance sheet total
€292,979
2024 · €279,816+€13,164
Largest movements
Assets
- Cash +€8,250
up €8,250 (+74.7%), from €11,045 to €19,294
mainly Depreciation (+€23,404) and Other debts (+€18,458)
Equity and liabilities
- Other debts +€18,458
up €18,458 (+99.5%), from €18,550 to €37,008
- Trade debts +€9,146
up €9,146 (+156%), from €5,872 to €15,018
- Profit (loss) carried forward -€7,783
down €7,783 (-38.6%), from -€20,156 to -€27,940
- Debts after one year -€6,243
down €6,243 (-2.6%), from €242,506 to €236,263
of which Financial debts: -€6,243
Income statement
- Other operating charges -€7,724
down €7,724 (-62.1%), from €12,435 to €4,712
- Write-downs +€5,534
no longer reported in 2025 (was -€5,534)
- Gross operating margin -€1,683
down €1,683 (-5.3%), from €31,846 to €30,164
- Depreciation +€803
up €803 (+3.6%), from €22,602 to €23,404
- Financial charges -€665
down €665 (-6.4%), from €10,335 to €9,670
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€8,135
Gross operating margin
-€1,683
Depreciation
-€803
Write-downs
-€5,534
Other operating charges
+€7,724
Financial income
-€25
Financial charges
+€665
Taxes
+€8
Result 2025
-€7,783
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€37,857
Investment
-€25,869
Financing
-€3,738
Cash 2024
€11,045
From operations (derived)
+€37,857
Net result for the year
-€7,783
Depreciation
+€23,404
Receivables within one year
-€470
Deferred charges and accrued income
-€1,979
Trade debts
+€9,146
Tax, wage and social debts
-€2,919
Other debts
+€18,458
Investment (derived)
-€25,869
Investment in fixed assets (net)
-€25,869
Financing
-€3,738
Debts after one year
-€6,243
Current portion of long-term debt
+€2,505
Cash 2025
€19,294
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €279,816 | €292,979 | +€13,164 | +4.7% |
| Fixed assets | 21/28 | €259,238 | €261,703 | +€2,465 | +1.0% |
| Tangible fixed assets | 22/27 | €258,977 | €261,441 | +€2,465 | +1.0% |
| Land and buildings | 22 | €119,342 | €121,678 | +€2,336 | +2.0% |
| Furniture and vehicles | 24 | €1,325 | €19,912 | +€18,586 | +1,402% |
| Other tangible fixed assets | 26 | €138,310 | €119,852 | -€18,458 | -13.3% |
| Financial fixed assets | 28 | €262 | €262 | = | 0.0% |
| Current assets | 29/58 | €20,577 | €31,276 | +€10,699 | +52.0% |
| Amounts receivable within one year | 40/41 | €8,648 | €9,118 | +€470 | +5.4% |
| Trade receivables | 40 | €8,648 | €9,118 | +€470 | +5.4% |
| Cash at bank and in hand | 54/58 | €11,045 | €19,294 | +€8,250 | +74.7% |
| Deferred charges and accrued income | 490/1 | €885 | €2,864 | +€1,979 | +224% |
| Total equity and liabilities | 10/49 | €279,816 | €292,979 | +€13,164 | +4.7% |
| Equity | 10/15 | -€12,615 | -€20,398 | -€7,783 | -61.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,341 | €1,341 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,341 | €1,341 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,341 | €1,341 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,156 | -€27,940 | -€7,783 | -38.6% |
| Amounts payable | 17/49 | €292,431 | €313,378 | +€20,947 | +7.2% |
| Amounts payable after more than one year | 17 | €242,506 | €236,263 | -€6,243 | -2.6% |
| Financial debts | 170/4 | €241,556 | €235,313 | -€6,243 | -2.6% |
| Other amounts payable | 178/9 | €950 | €950 | = | 0.0% |
| Amounts payable within one year | 42/48 | €49,925 | €77,115 | +€27,190 | +54.5% |
| Current portion of amounts payable after more than one year | 42 | €20,618 | €23,123 | +€2,505 | +12.2% |
| Trade debts | 44 | €5,872 | €15,018 | +€9,146 | +156% |
| Suppliers | 440/4 | €5,872 | €15,018 | +€9,146 | +156% |
| Taxes, remuneration and social security | 45 | €4,884 | €1,965 | -€2,919 | -59.8% |
| Taxes | 450/3 | €4,884 | €1,965 | -€2,919 | -59.8% |
| Other amounts payable | 47/48 | €18,550 | €37,008 | +€18,458 | +99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,602 | €23,404 | +€803 | +3.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,534 | - | +€5,534 | |
| Other operating charges | 640/8 | €12,435 | €4,712 | -€7,724 | -62.1% |
| Gross operating margin | 9900 | €31,846 | €30,164 | -€1,683 | -5.3% |
| Operating profit (loss) | 9901 | €2,344 | €2,048 | -€296 | -12.6% |
| Financial income | 75/76B | €25 | - | -€25 | |
| Recurring financial income | 75 | €25 | - | -€25 | |
| Financial charges | 65/66B | €10,335 | €9,670 | -€665 | -6.4% |
| Recurring financial charges | 65 | €10,335 | €9,670 | -€665 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,966 | -€7,623 | +€344 | +4.3% |
| Income taxes | 67/77 | €169 | €161 | -€8 | -4.8% |
| Profit (loss) for the period | 9904 | -€8,135 | -€7,783 | +€352 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,135 | -€7,783 | +€352 | +4.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.