Unifarma: 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.
Unifarma
Largest movements
- Cash -€79,857
down €79,857 (-29.5%), from €270,893 to €191,036
mainly Contributions, distributions and other (-€164,670) and Trade debts (-€48,590)
- Stocks and contracts -€78,901
down €78,901 (-11.7%), from €673,085 to €594,184
- Tangible fixed assets -€42,464
down €42,464 (-10.9%), from €388,916 to €346,452
of which Plant, machinery and equipment: -€36,554
- Reserves -€164,670
down €164,670 (-54.8%), from €300,537 to €135,867
of which Distributable reserves: -€164,670
- Profit (loss) carried forward +€122,718
up €122,718 (+4.1%), from €3.0m to €3.1m
- Trade debts -€48,590
down €48,590 (-22.3%), from €218,019 to €169,430
- Other debts -€43,059
down €43,059 (-65.7%), from €65,539 to €22,480
- Financial income +€138,720
up €138,720 (+349.7%), from €39,673 to €178,394
of which Non-recurring financial income: +€150,000
- Gross operating margin -€20,651
down €20,651 (-3.8%), from €537,792 to €517,141
- Staff costs -€20,329
down €20,329 (-3.9%), from €525,826 to €505,497
- Depreciation +€14,822
up €14,822 (+39.5%), from €37,477 to €52,299
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 | €3,722,481 | €3,559,260 | -€163,221 | -4.4% |
| Fixed assets | 21/28 | €388,916 | €346,452 | -€42,464 | -10.9% |
| Tangible fixed assets | 22/27 | €388,916 | €346,452 | -€42,464 | -10.9% |
| Plant, machinery and equipment | 23 | €382,035 | €345,480 | -€36,554 | -9.6% |
| Furniture and vehicles | 24 | €6,881 | €971 | -€5,910 | -85.9% |
| Current assets | 29/58 | €3,333,565 | €3,212,808 | -€120,757 | -3.6% |
| Stocks and contracts in progress | 3 | €673,085 | €594,184 | -€78,901 | -11.7% |
| Stocks | 30/36 | €673,085 | €594,184 | -€78,901 | -11.7% |
| Amounts receivable within one year | 40/41 | €386,956 | €388,824 | +€1,868 | +0.5% |
| Trade receivables | 40 | €376,740 | €371,150 | -€5,590 | -1.5% |
| Other amounts receivable | 41 | €10,216 | €17,674 | +€7,458 | +73.0% |
| Current investments | 50/53 | €2,002,630 | €2,036,626 | +€33,995 | +1.7% |
| Cash at bank and in hand | 54/58 | €270,893 | €191,036 | -€79,857 | -29.5% |
| Deferred charges and accrued income | 490/1 | - | €2,138 | +€2,138 | |
| Total equity and liabilities | 10/49 | €3,722,481 | €3,559,260 | -€163,221 | -4.4% |
| Equity | 10/15 | €3,345,095 | €3,303,143 | -€41,952 | -1.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €300,537 | €135,867 | -€164,670 | -54.8% |
| Non-distributable reserves | 130/1 | €10,075 | €10,075 | = | 0.0% |
| Legal reserve | 130 | €10,075 | €10,075 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,975 | €2,975 | = | 0.0% |
| Distributable reserves | 133 | €287,487 | €122,817 | -€164,670 | -57.3% |
| Profit (loss) carried forward | 14 | €2,982,559 | €3,105,277 | +€122,718 | +4.1% |
| Amounts payable | 17/49 | €377,385 | €256,116 | -€121,269 | -32.1% |
| Amounts payable within one year | 42/48 | €377,385 | €256,116 | -€121,269 | -32.1% |
| Trade debts | 44 | €218,019 | €169,430 | -€48,590 | -22.3% |
| Suppliers | 440/4 | €218,019 | €169,430 | -€48,590 | -22.3% |
| Taxes, remuneration and social security | 45 | €93,827 | €64,206 | -€29,621 | -31.6% |
| Taxes | 450/3 | €3,364 | €2,356 | -€1,009 | -30.0% |
| Remuneration and social security | 454/9 | €90,463 | €61,851 | -€28,612 | -31.6% |
| Other amounts payable | 47/48 | €65,539 | €22,480 | -€43,059 | -65.7% |
| Remuneration, social security and pensions | 62 | €525,826 | €505,497 | -€20,329 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,477 | €52,299 | +€14,822 | +39.5% |
| Other operating charges | 640/8 | €4,368 | €7,431 | +€3,063 | +70.1% |
| Gross operating margin | 9900 | €537,792 | €517,141 | -€20,651 | -3.8% |
| Operating profit (loss) | 9901 | -€29,880 | -€48,085 | -€18,206 | -60.9% |
| Financial income | 75/76B | €39,673 | €178,394 | +€138,720 | +349.7% |
| Recurring financial income | 75 | €39,673 | €28,394 | -€11,280 | -28.4% |
| Non-recurring financial income | 76B | - | €150,000 | +€150,000 | |
| Financial charges | 65/66B | €10,562 | €6,545 | -€4,017 | -38.0% |
| Recurring financial charges | 65 | €10,562 | €6,545 | -€4,017 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | -€768 | €123,764 | +€124,532 | |
| Income taxes | 67/77 | €994 | €1,046 | +€52 | +5.2% |
| Profit (loss) for the period | 9904 | -€1,762 | €122,718 | +€124,480 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,762 | €122,718 | +€124,480 |
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 4 October 2026 via checked.be.