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TRIPHARMA: 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

TRIPHARMA

BE 0426.092.096
NACE 47.730, Retail sale of pharmaceutical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€68,582
2024 · €4,799+€63,783
Equity
-€28,957
2024 · -€97,539+€68,582
Cash
€44,513
2024 · €19,004+€25,509
Balance sheet total
€266,344
2024 · €407,146-€140,803

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€151,993

    down €151,993 (-93.4%), from €162,698 to €10,706

    of which Land and buildings: -€147,700

  • Cash +€25,509

    up €25,509 (+134.2%), from €19,004 to €44,513

    mainly Investment in fixed assets (net) (+€145,529) and Net result for the year (+€68,582)

  • Receivables within one year -€23,366

    down €23,366 (-13.6%), from €171,845 to €148,480

    of which Trade receivables: -€23,637

  • Stocks and contracts +€8,777

    up €8,777 (+16.9%), from €51,980 to €60,757

Equity and liabilities
  • Debts after one year -€99,627

    down €99,627 (-100.0%), from €99,627 to €0

  • Profit (loss) carried forward +€68,582

    up €68,582 (+49.6%), from -€138,307 to -€69,725

  • Trade debts -€60,253

    down €60,253 (-37.0%), from €162,694 to €102,442

  • Current portion of long-term debt -€21,491

    down €21,491 (-100.0%), from €21,491 to €0

  • Other debts -€18,734

    down €18,734 (-9.4%), from €199,647 to €180,912

Income statement
  • Gross operating margin +€89,296

    up €89,296 (+86.2%), from €103,611 to €192,907

  • Other operating charges +€16,046

    up €16,046 (+1705.7%), from €941 to €16,987

  • Staff costs +€12,895

    up €12,895 (+17.7%), from €72,805 to €85,700

  • Depreciation -€11,550

    down €11,550 (-64.1%), from €18,014 to €6,464

  • Financial charges +€8,903

    up €8,903 (+135.2%), from €6,584 to €15,487

From the 2024 result to the 2025 result

effect on the 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 2024 €4,799
Gross operating margin +€89,296
Staff costs -€12,895
Depreciation +€11,550
Other operating charges -€16,046
Financial income +€699
Financial charges -€8,903
Taxes +€83
Result 2025 €68,582

Cash bridge derived

cash 2024 to 2025

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.

From operations +€5,150
Investment +€145,529
Financing -€125,170
Cash 2024 €19,004
Net result for the year +€68,582
Depreciation +€6,464
Stocks and contracts -€8,777
Receivables within one year +€23,366
Deferred charges and accrued income -€270
Trade debts -€60,253
Tax, wage and social debts -€2,590
Other debts -€18,734
Accrued charges and deferred income -€2,638
Investment in fixed assets (net) +€145,529
Debts after one year -€99,627
Current portion of long-term debt -€21,491
Short-term financial debts -€4,052
Cash 2025 €44,513
Every line side by side 50 lines
Line Code 2024 2025 Change %
Total assets 20/58 €407,146 €266,344 -€140,803 -34.6%
Fixed assets 21/28 €163,106 €11,113 -€151,993 -93.2%
Tangible fixed assets 22/27 €162,698 €10,706 -€151,993 -93.4%
Land and buildings 22 €147,700 €0 -€147,700 -100.0%
Plant, machinery and equipment 23 €5,272 €9,297 +€4,025 +76.3%
Furniture and vehicles 24 €9,726 €1,408 -€8,318 -85.5%
Financial fixed assets 28 €407 €407 = 0.0%
Current assets 29/58 €244,041 €255,231 +€11,190 +4.6%
Stocks and contracts in progress 3 €51,980 €60,757 +€8,777 +16.9%
Stocks 30/36 €51,980 €60,757 +€8,777 +16.9%
Amounts receivable within one year 40/41 €171,845 €148,480 -€23,366 -13.6%
Trade receivables 40 €122,786 €99,149 -€23,637 -19.3%
Other amounts receivable 41 €49,060 €49,331 +€271 +0.6%
Cash at bank and in hand 54/58 €19,004 €44,513 +€25,509 +134.2%
Deferred charges and accrued income 490/1 €1,211 €1,481 +€270 +22.3%
Total equity and liabilities 10/49 €407,146 €266,344 -€140,803 -34.6%
Equity 10/15 -€97,539 -€28,957 +€68,582 +70.3%
Contributions 10/11 €18,592 €18,592 = 0.0%
Reserves 13 €22,176 €22,176 = 0.0%
Non-distributable reserves 130/1 €1,859 €1,859 = 0.0%
Reserves not available under the articles 1311 €1,859 €1,859 = 0.0%
Distributable reserves 133 €20,317 €20,317 = 0.0%
Profit (loss) carried forward 14 -€138,307 -€69,725 +€68,582 +49.6%
Amounts payable 17/49 €504,685 €295,300 -€209,385 -41.5%
Amounts payable after more than one year 17 €99,627 €0 -€99,627 -100.0%
Financial debts 170/4 €99,627 €0 -€99,627 -100.0%
Amounts payable within one year 42/48 €402,420 €295,300 -€107,119 -26.6%
Current portion of amounts payable after more than one year 42 €21,491 €0 -€21,491 -100.0%
Financial debts 43 €4,052 €0 -€4,052 -100.0%
Credit institutions 430/8 €4,052 €0 -€4,052 -100.0%
Trade debts 44 €162,694 €102,442 -€60,253 -37.0%
Suppliers 440/4 €162,694 €102,442 -€60,253 -37.0%
Taxes, remuneration and social security 45 €14,536 €11,946 -€2,590 -17.8%
Taxes 450/3 €3,134 €396 -€2,738 -87.4%
Remuneration and social security 454/9 €11,402 €11,550 +€148 +1.3%
Other amounts payable 47/48 €199,647 €180,912 -€18,734 -9.4%
Accrued charges and deferred income 492/3 €2,638 €0 -€2,638 -100.0%
Remuneration, social security and pensions 62 €72,805 €85,700 +€12,895 +17.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,014 €6,464 -€11,550 -64.1%
Other operating charges 640/8 €941 €16,987 +€16,046 +1705.7%
Gross operating margin 9900 €103,611 €192,907 +€89,296 +86.2%
Operating profit (loss) 9901 €11,852 €83,756 +€71,904 +606.7%
Financial income 75/76B €0 €699 +€699 +367821.1%
Recurring financial income 75 €0 €699 +€699 +367821.1%
Financial charges 65/66B €6,584 €15,487 +€8,903 +135.2%
Recurring financial charges 65 €6,584 €15,487 +€8,903 +135.2%
Profit (loss) for the period before taxes 9903 €5,268 €68,968 +€63,700 +1209.2%
Income taxes 67/77 €469 €385 -€83 -17.8%
Profit (loss) for the period 9904 €4,799 €68,582 +€63,783 +1329.0%
Profit (loss) for the period to be appropriated 9905 €4,799 €68,582 +€63,783 +1329.0%

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 30 September 2026 via checked.be.