Practimed: 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
Practimed
NACE 86.220, Specialist medical practice
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.4m
2024 · €2.6m-€145,070
Equity
€35.0m
2024 · €32.3m+€2.7m
Cash
€650,589
2024 · €274,039+€376,550
Balance sheet total
€44.1m
2024 · €42.7m+€1.4m
Largest movements
Assets
- Tangible fixed assets -€1.1m
down €1.1m (-4.6%), from €24.7m to €23.5m
of which Land and buildings: -€575,534
- Current investments +€1.1m
up €1.1m (+9.3%), from €11.8m to €12.9m
- Receivables within one year +€785,320
up €785,320 (+21.2%), from €3.7m to €4.5m
of which Trade receivables: +€640,899
Equity and liabilities
- Reserves +€1.9m
up €1.9m (+7.3%), from €26.5m to €28.4m
of which Distributable reserves: +€2.4m
- Debts after one year -€1.4m
down €1.4m (-26.8%), from €5.4m to €4.0m
- Contributions +€516,615
up €516,615 (+13.8%), from €3.7m to €4.3m
Income statement
- Turnover +€1.8m
up €1.8m (+6.6%), from €27.4m to €29.2m
- Financial income -€723,864
down €723,864 (-62.0%), from €1.2m to €443,516
- Staff costs +€606,462
up €606,462 (+6.1%), from €9.9m to €10.5m
- Services and other goods +€554,106
up €554,106 (+6.0%), from €9.2m to €9.8m
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.
Result 2024
€2.6m
Turnover
+€1.8m
Other operating income
+€242,181
Goods and materials
-€228,219
Services and other goods
-€554,106
Staff costs
-€606,462
Depreciation
-€192,967
Write-downs
+€32,930
Other operating charges
+€48,581
Financial income
-€723,864
Financial charges
+€131,705
Taxes
-€97,604
Result 2025
€2.4m
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.
From operations
+€4.0m
Investment
-€2.4m
Financing
-€1.2m
Cash 2024
€274,039
From operations (derived)
+€4.0m
Net result for the year
+€2.4m
Depreciation
+€2.4m
Stocks and contracts
-€132,587
Receivables within one year
-€785,320
Deferred charges and accrued income
-€94,532
Trade debts
+€74,255
Tax, wage and social debts
-€1,071
Other debts
+€79,324
Accrued charges and deferred income
+€13,544
Investment (derived)
-€2.4m
Investment in fixed assets (net)
-€1.3m
Current investments
-€1.1m
Financing
-€1.2m
Debts after one year
-€1.4m
Current portion of long-term debt
-€89,081
Contributions, distributions and other
+€312,015
Cash 2025
€650,589
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,691,968 | €44,067,812 | +€1.4m | +3.2% |
| Fixed assets | 21/28 | €25,569,063 | €24,460,584 | -€1.1m | -4.3% |
| Intangible fixed assets | 21 | €565,074 | €593,794 | +€28,720 | +5.1% |
| Tangible fixed assets | 22/27 | €24,677,813 | €23,540,614 | -€1.1m | -4.6% |
| Land and buildings | 22 | €14,718,894 | €14,143,360 | -€575,534 | -3.9% |
| Plant, machinery and equipment | 23 | €3,606,681 | €3,278,294 | -€328,387 | -9.1% |
| Furniture and vehicles | 24 | €1,057,826 | €1,040,711 | -€17,114 | -1.6% |
| Leasing and similar rights | 25 | €5,294,412 | €5,078,249 | -€216,164 | -4.1% |
| Financial fixed assets | 28 | €326,176 | €326,176 | = | 0.0% |
| Affiliated companies | 280/1 | €325,000 | €325,000 | = | 0.0% |
| Participating interests | 280 | €325,000 | €325,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,176 | €1,176 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,176 | €1,176 | = | 0.0% |
| Current assets | 29/58 | €17,122,905 | €19,607,228 | +€2.5m | +14.5% |
| Stocks and contracts in progress | 3 | €853,716 | €986,302 | +€132,587 | +15.5% |
| Stocks | 30/36 | €853,716 | €986,302 | +€132,587 | +15.5% |
| Raw materials and consumables | 30/31 | €853,716 | €986,302 | +€132,587 | +15.5% |
| Amounts receivable within one year | 40/41 | €3,700,533 | €4,485,853 | +€785,320 | +21.2% |
| Trade receivables | 40 | €3,504,302 | €4,145,202 | +€640,899 | +18.3% |
| Other amounts receivable | 41 | €196,231 | €340,652 | +€144,421 | +73.6% |
| Current investments | 50/53 | €11,777,726 | €12,873,060 | +€1.1m | +9.3% |
| Other investments | 51/53 | €11,777,726 | €12,873,060 | +€1.1m | +9.3% |
| Cash at bank and in hand | 54/58 | €274,039 | €650,589 | +€376,550 | +137.4% |
| Deferred charges and accrued income | 490/1 | €516,892 | €611,424 | +€94,532 | +18.3% |
| Total equity and liabilities | 10/49 | €42,691,968 | €44,067,812 | +€1.4m | +3.2% |
| Equity | 10/15 | €32,298,059 | €35,044,801 | +€2.7m | +8.5% |
| Contributions | 10/11 | €3,745,188 | €4,261,803 | +€516,615 | +13.8% |
| Reserves | 13 | €26,476,757 | €28,414,167 | +€1.9m | +7.3% |
| Non-distributable reserves | 130/1 | €19,534 | €19,534 | = | 0.0% |
| Reserves not available under the articles | 1311 | €19,534 | €19,534 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,053,482 | €579,857 | -€473,625 | -45.0% |
| Distributable reserves | 133 | €25,403,741 | €27,814,776 | +€2.4m | +9.5% |
| Profit (loss) carried forward | 14 | €2,076,114 | €2,368,832 | +€292,718 | +14.1% |
| Amounts payable | 17/49 | €10,393,909 | €9,023,011 | -€1.4m | -13.2% |
| Amounts payable after more than one year | 17 | €5,401,234 | €3,953,364 | -€1.4m | -26.8% |
| Financial debts | 170/4 | €5,401,234 | €3,953,364 | -€1.4m | -26.8% |
| Leasing and similar obligations | 172 | €3,783,164 | €3,353,416 | -€429,748 | -11.4% |
| Credit institutions | 173 | €1,618,070 | €599,948 | -€1.0m | -62.9% |
| Amounts payable within one year | 42/48 | €4,981,617 | €5,045,044 | +€63,427 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €1,514,145 | €1,425,064 | -€89,081 | -5.9% |
| Trade debts | 44 | €1,764,929 | €1,839,184 | +€74,255 | +4.2% |
| Suppliers | 440/4 | €1,764,929 | €1,839,184 | +€74,255 | +4.2% |
| Taxes, remuneration and social security | 45 | €1,675,770 | €1,674,699 | -€1,071 | -0.1% |
| Taxes | 450/3 | €269,552 | €468,987 | +€199,435 | +74.0% |
| Remuneration and social security | 454/9 | €1,406,218 | €1,205,712 | -€200,506 | -14.3% |
| Other amounts payable | 47/48 | €26,773 | €106,097 | +€79,324 | +296.3% |
| Accrued charges and deferred income | 492/3 | €11,058 | €24,602 | +€13,544 | +122.5% |
| Operating income | 70/76A | €28,473,908 | €30,518,845 | +€2.0m | +7.2% |
| Turnover | 70 | €27,362,193 | €29,164,949 | +€1.8m | +6.6% |
| Other operating income | 74 | €1,111,715 | €1,353,896 | +€242,181 | +21.8% |
| Operating charges | 60/66A | €26,013,207 | €27,513,450 | +€1.5m | +5.8% |
| Goods for resale, raw materials and consumables | 60 | €4,486,819 | €4,715,038 | +€228,219 | +5.1% |
| Purchases | 600/8 | €4,443,368 | €4,847,625 | +€404,257 | +9.1% |
| Change in stocks: decrease (increase) | 609 | €43,451 | -€132,587 | -€176,038 | |
| Services and other goods | 61 | €9,203,588 | €9,757,694 | +€554,106 | +6.0% |
| Remuneration, social security and pensions | 62 | €9,907,526 | €10,513,988 | +€606,462 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,243,404 | €2,436,371 | +€192,967 | +8.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,315 | -€40,245 | -€32,930 | -450.2% |
| Other operating charges | 640/8 | €179,184 | €130,603 | -€48,581 | -27.1% |
| Operating profit (loss) | 9901 | €2,460,702 | €3,005,395 | +€544,693 | +22.1% |
| Financial income | 75/76B | €1,167,381 | €443,516 | -€723,864 | -62.0% |
| Recurring financial income | 75 | €1,167,381 | €443,516 | -€723,864 | -62.0% |
| Income from current assets | 751 | €1,110,264 | €397,195 | -€713,068 | -64.2% |
| Other financial income | 752/9 | €57,117 | €46,321 | -€10,796 | -18.9% |
| Financial charges | 65/66B | €199,065 | €67,360 | -€131,705 | -66.2% |
| Recurring financial charges | 65 | €199,065 | €67,360 | -€131,705 | -66.2% |
| Debt charges | 650 | €84,179 | €64,241 | -€19,938 | -23.7% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | -€70,000 | -€70,000 | |
| Other financial charges | 652/9 | €114,886 | €73,119 | -€41,767 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €3,429,017 | €3,381,551 | -€47,466 | -1.4% |
| Income taxes | 67/77 | €849,219 | €946,823 | +€97,604 | +11.5% |
| Taxes | 670/3 | €849,219 | €946,823 | +€97,604 | +11.5% |
| Profit (loss) for the period | 9904 | €2,579,798 | €2,434,728 | -€145,070 | -5.6% |
| Transfer from tax-exempt reserves | 789 | €105,250 | €684,125 | +€578,875 | +550.0% |
| Transfer to tax-exempt reserves | 689 | €0 | €210,500 | +€210,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,685,048 | €2,908,353 | +€223,305 | +8.3% |
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 29 September 2026 via checked.be.