VIESVILLE PHARMA: what changed
Two financial 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.
VIESVILLE PHARMA
Largest movements
- Receivables within one year +€23,383
up €23,383 (+30.5%), from €76,640 to €100,023
of which Trade receivables: +€18,454
- Stocks and contracts -€10,772
down €10,772 (-12.2%), from €87,965 to €77,193
- Reserves +€51,339
up €51,339 (+15.3%), from €336,179 to €387,518
of which Distributable reserves: +€51,339
- Trade debts -€49,485
down €49,485 (-65.6%), from €75,440 to €25,956
- Other debts +€14,239
up €14,239 (+193%), from €7,360 to €21,599
- Current portion of long-term debt -€6,138
no longer reported in 2025 (was €6,138)
- Gross operating margin -€11,533
down €11,533 (-7.8%), from €148,151 to €136,618
- Staff costs -€6,607
down €6,607 (-10.8%), from €60,915 to €54,308
- Taxes -€1,578
down €1,578 (-10.2%), from €15,530 to €13,952
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.
Derived cash bridge
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 | €460,341 | €470,253 | +€9,912 | +2.2% |
| Fixed assets | 21/28 | €80,232 | €81,801 | +€1,569 | +2.0% |
| Tangible fixed assets | 22/27 | €80,232 | €81,801 | +€1,569 | +2.0% |
| Land and buildings | 22 | €77,675 | €69,446 | -€8,229 | -10.6% |
| Plant, machinery and equipment | 23 | €1,812 | €1,421 | -€391 | -21.6% |
| Furniture and vehicles | 24 | €745 | €10,933 | +€10,188 | +1,368% |
| Current assets | 29/58 | €380,109 | €388,452 | +€8,343 | +2.2% |
| Stocks and contracts in progress | 3 | €87,965 | €77,193 | -€10,772 | -12.2% |
| Stocks | 30/36 | €87,965 | €77,193 | -€10,772 | -12.2% |
| Amounts receivable within one year | 40/41 | €76,640 | €100,023 | +€23,383 | +30.5% |
| Trade receivables | 40 | €51,920 | €70,374 | +€18,454 | +35.5% |
| Other amounts receivable | 41 | €24,721 | €29,649 | +€4,928 | +19.9% |
| Current investments | 50/53 | €16,823 | €17,328 | +€505 | +3.0% |
| Cash at bank and in hand | 54/58 | €197,944 | €193,375 | -€4,569 | -2.3% |
| Deferred charges and accrued income | 490/1 | €737 | €533 | -€204 | -27.7% |
| Total equity and liabilities | 10/49 | €460,341 | €470,253 | +€9,912 | +2.2% |
| Equity | 10/15 | €342,384 | €393,723 | +€51,339 | +15.0% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €336,179 | €387,518 | +€51,339 | +15.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,276 | €15,276 | = | 0.0% |
| Distributable reserves | 133 | €319,043 | €370,382 | +€51,339 | +16.1% |
| Provisions and deferred taxes | 16 | €647 | €647 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €647 | €647 | = | 0.0% |
| Environmental obligations | 163 | €647 | €647 | = | 0.0% |
| Amounts payable | 17/49 | €117,310 | €75,883 | -€41,427 | -35.3% |
| Amounts payable within one year | 42/48 | €109,148 | €67,598 | -€41,549 | -38.1% |
| Current portion of amounts payable after more than one year | 42 | €6,138 | - | -€6,138 | |
| Trade debts | 44 | €75,440 | €25,956 | -€49,485 | -65.6% |
| Suppliers | 440/4 | €75,440 | €25,956 | -€49,485 | -65.6% |
| Taxes, remuneration and social security | 45 | €20,209 | €20,044 | -€165 | -0.8% |
| Taxes | 450/3 | €11,569 | €9,101 | -€2,468 | -21.3% |
| Remuneration and social security | 454/9 | €8,640 | €10,943 | +€2,303 | +26.7% |
| Other amounts payable | 47/48 | €7,360 | €21,599 | +€14,239 | +193% |
| Accrued charges and deferred income | 492/3 | €8,162 | €8,284 | +€122 | +1.5% |
| Remuneration, social security and pensions | 62 | €60,915 | €54,308 | -€6,607 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,368 | €13,337 | -€31 | -0.2% |
| Other operating charges | 640/8 | €3,308 | €3,229 | -€79 | -2.4% |
| Gross operating margin | 9900 | €148,151 | €136,618 | -€11,533 | -7.8% |
| Operating profit (loss) | 9901 | €70,560 | €65,744 | -€4,816 | -6.8% |
| Financial income | 75/76B | €1,169 | €1,357 | +€188 | +16.1% |
| Recurring financial income | 75 | €1,169 | €1,357 | +€188 | +16.1% |
| Financial charges | 65/66B | €2,145 | €1,809 | -€336 | -15.7% |
| Recurring financial charges | 65 | €2,145 | €1,809 | -€336 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €69,584 | €65,291 | -€4,293 | -6.2% |
| Income taxes | 67/77 | €15,530 | €13,952 | -€1,578 | -10.2% |
| Profit (loss) for the period | 9904 | €54,054 | €51,339 | -€2,715 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,054 | €51,339 | -€2,715 | -5.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.