Pro-Thermic: 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.
Pro-Thermic
Largest movements
- Financial fixed assets -€38,972
down €38,972 (-86.6%), from €45,000 to €6,028
- Stocks and contracts +€26,641
up €26,641 (+1604.9%), from €1,660 to €28,301
- Intangible fixed assets +€22,468
new in 2025: €22,468
- Tangible fixed assets -€18,998
down €18,998 (-18.1%), from €104,709 to €85,710
of which Leasing and similar rights: -€21,484
- Receivables within one year +€6,954
up €6,954 (+14.8%), from €47,125 to €54,079
of which Trade receivables: +€16,033
- Reserves +€33,792
up €33,792 (+49.3%), from €68,502 to €102,294
- Trade debts -€31,232
down €31,232 (-56.0%), from €55,730 to €24,498
- Debts after one year -€21,330
down €21,330 (-21.0%), from €101,687 to €80,357
of which Financial debts: -€18,535
- Tax, wage and social debts +€14,396
up €14,396 (+127.8%), from €11,264 to €25,660
of which Taxes: +€18,088
- Other debts +€3,551
new in 2025: €3,551
- Staff costs -€27,020
down €27,020 (-17.7%), from €152,922 to €125,902
- Depreciation +€14,576
up €14,576 (+86.4%), from €16,878 to €31,455
- Gross operating margin +€10,567
up €10,567 (+5.0%), from €212,689 to €223,256
- Financial charges +€6,306
up €6,306 (+113.9%), from €5,538 to €11,844
of which Financial charges: +€5,556
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 | €259,378 | €258,055 | -€1,323 | -0.5% |
| Fixed assets | 21/28 | €149,709 | €114,206 | -€35,502 | -23.7% |
| Intangible fixed assets | 21 | - | €22,468 | +€22,468 | |
| Tangible fixed assets | 22/27 | €104,709 | €85,710 | -€18,998 | -18.1% |
| Plant, machinery and equipment | 23 | €15,557 | €13,516 | -€2,042 | -13.1% |
| Furniture and vehicles | 24 | €1,084 | €5,611 | +€4,528 | +417.8% |
| Leasing and similar rights | 25 | €88,067 | €66,583 | -€21,484 | -24.4% |
| Financial fixed assets | 28 | €45,000 | €6,028 | -€38,972 | -86.6% |
| Current assets | 29/58 | €109,669 | €143,849 | +€34,180 | +31.2% |
| Stocks and contracts in progress | 3 | €1,660 | €28,301 | +€26,641 | +1604.9% |
| Stocks | 30/36 | €1,660 | €28,301 | +€26,641 | +1604.9% |
| Amounts receivable within one year | 40/41 | €47,125 | €54,079 | +€6,954 | +14.8% |
| Trade receivables | 40 | €33,879 | €49,912 | +€16,033 | +47.3% |
| Other amounts receivable | 41 | €13,246 | €4,167 | -€9,079 | -68.5% |
| Cash at bank and in hand | 54/58 | €55,691 | €52,296 | -€3,395 | -6.1% |
| Deferred charges and accrued income | 490/1 | €5,193 | €9,173 | +€3,980 | +76.6% |
| Total equity and liabilities | 10/49 | €259,378 | €258,055 | -€1,323 | -0.5% |
| Equity | 10/15 | €70,502 | €104,294 | +€33,792 | +47.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €68,502 | €102,294 | +€33,792 | +49.3% |
| Distributable reserves | 133 | €68,502 | €102,294 | +€33,792 | +49.3% |
| Amounts payable | 17/49 | €188,876 | €153,761 | -€35,115 | -18.6% |
| Amounts payable after more than one year | 17 | €101,687 | €80,357 | -€21,330 | -21.0% |
| Financial debts | 170/4 | €56,687 | €38,153 | -€18,535 | -32.7% |
| Other amounts payable | 178/9 | €45,000 | €42,204 | -€2,796 | -6.2% |
| Amounts payable within one year | 42/48 | €87,189 | €73,392 | -€13,797 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €20,195 | €19,581 | -€614 | -3.0% |
| Financial debts | 43 | - | €103 | +€103 | |
| Credit institutions | 430/8 | - | €103 | +€103 | |
| Trade debts | 44 | €55,730 | €24,498 | -€31,232 | -56.0% |
| Suppliers | 440/4 | €55,730 | €24,498 | -€31,232 | -56.0% |
| Taxes, remuneration and social security | 45 | €11,264 | €25,660 | +€14,396 | +127.8% |
| Taxes | 450/3 | €819 | €18,907 | +€18,088 | +2207.5% |
| Remuneration and social security | 454/9 | €10,444 | €6,753 | -€3,692 | -35.3% |
| Other amounts payable | 47/48 | - | €3,551 | +€3,551 | |
| Accrued charges and deferred income | 492/3 | - | €12 | +€12 | |
| Non-recurring operating income | 76A | €752 | €6,092 | +€5,341 | +710.4% |
| Remuneration, social security and pensions | 62 | €152,922 | €125,902 | -€27,020 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,878 | €31,455 | +€14,576 | +86.4% |
| Other operating charges | 640/8 | €423 | €1,930 | +€1,507 | +356.4% |
| Non-recurring operating charges | 66A | €9,660 | €7,019 | -€2,641 | -27.3% |
| Gross operating margin | 9900 | €212,689 | €223,256 | +€10,567 | +5.0% |
| Operating profit (loss) | 9901 | €32,806 | €56,950 | +€24,145 | +73.6% |
| Financial income | 75/76B | €30 | €199 | +€169 | +558.4% |
| Recurring financial income | 75 | €30 | €199 | +€169 | +558.4% |
| Financial charges | 65/66B | €5,538 | €11,844 | +€6,306 | +113.9% |
| Recurring financial charges | 65 | €5,538 | €11,094 | +€5,556 | +100.3% |
| Non-recurring financial charges | 66B | - | €750 | +€750 | |
| Profit (loss) for the period before taxes | 9903 | €27,298 | €45,306 | +€18,008 | +66.0% |
| Income taxes | 67/77 | €10,333 | €11,514 | +€1,181 | +11.4% |
| Profit (loss) for the period | 9904 | €16,966 | €33,792 | +€16,826 | +99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,966 | €33,792 | +€16,826 | +99.2% |
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 5 October 2026 via checked.be.