PROTHES'ART: 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.
PROTHES'ART
Largest movements
- Receivables within one year +€8,748
up €8,748 (+51.1%), from €17,123 to €25,871
of which Trade receivables: +€4,709
- Cash +€4,101
up €4,101 (+25.0%), from €16,409 to €20,510
mainly Net result for the year (+€16,652) and Investment in fixed assets (net) (+€3,100)
- Financial fixed assets -€3,100
no longer reported in 2025 (was €3,100)
- Tangible fixed assets -€887
down €887 (-46.1%), from €1,923 to €1,036
- Deferred charges and accrued income +€491
up €491 (+101%), from €488 to €978
- Reserves +€12,934
up €12,934 (+94.0%), from €13,764 to €26,699
- Trade debts -€4,287
down €4,287 (-35.5%), from €12,077 to €7,791
- Profit (loss) carried forward +€3,717
no longer reported in 2025 (was -€3,717)
- Tax, wage and social debts -€2,994
down €2,994 (-35.7%), from €8,377 to €5,383
of which Remuneration and social security: -€4,725
- Financial income +€17,893
new in 2025: €17,893
- Taxes +€1,763
up €1,763 (+233%), from €758 to €2,522
- Gross operating margin +€1,657
up €1,657 (+101%), from €1,636 to €3,293
- Other operating charges +€91
up €91 (+10.0%), from €904 to €995
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 | €39,043 | €48,396 | +€9,353 | +24.0% |
| Fixed assets | 21/28 | €5,023 | €1,036 | -€3,987 | -79.4% |
| Tangible fixed assets | 22/27 | €1,923 | €1,036 | -€887 | -46.1% |
| Furniture and vehicles | 24 | €1,923 | €1,036 | -€887 | -46.1% |
| Financial fixed assets | 28 | €3,100 | - | -€3,100 | |
| Current assets | 29/58 | €34,020 | €47,359 | +€13,340 | +39.2% |
| Amounts receivable within one year | 40/41 | €17,123 | €25,871 | +€8,748 | +51.1% |
| Trade receivables | 40 | €14,677 | €19,386 | +€4,709 | +32.1% |
| Other amounts receivable | 41 | €2,446 | €6,485 | +€4,039 | +165% |
| Cash at bank and in hand | 54/58 | €16,409 | €20,510 | +€4,101 | +25.0% |
| Deferred charges and accrued income | 490/1 | €488 | €978 | +€491 | +101% |
| Total equity and liabilities | 10/49 | €39,043 | €48,396 | +€9,353 | +24.0% |
| Equity | 10/15 | €16,247 | €32,899 | +€16,652 | +102% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,764 | €26,699 | +€12,934 | +94.0% |
| Distributable reserves | 133 | €13,764 | €26,699 | +€12,934 | +94.0% |
| Profit (loss) carried forward | 14 | -€3,717 | - | +€3,717 | |
| Amounts payable | 17/49 | €22,796 | €15,497 | -€7,299 | -32.0% |
| Amounts payable within one year | 42/48 | €22,796 | €15,497 | -€7,299 | -32.0% |
| Trade debts | 44 | €12,077 | €7,791 | -€4,287 | -35.5% |
| Suppliers | 440/4 | €12,077 | €7,791 | -€4,287 | -35.5% |
| Taxes, remuneration and social security | 45 | €8,377 | €5,383 | -€2,994 | -35.7% |
| Taxes | 450/3 | €2,077 | €3,808 | +€1,731 | +83.4% |
| Remuneration and social security | 454/9 | €6,300 | €1,575 | -€4,725 | -75.0% |
| Other amounts payable | 47/48 | €2,341 | €2,323 | -€18 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €887 | €887 | = | 0.0% |
| Other operating charges | 640/8 | €904 | €995 | +€91 | +10.0% |
| Gross operating margin | 9900 | €1,636 | €3,293 | +€1,657 | +101% |
| Operating profit (loss) | 9901 | -€155 | €1,411 | +€1,566 | |
| Financial income | 75/76B | - | €17,893 | +€17,893 | |
| Recurring financial income | 75 | - | €17,893 | +€17,893 | |
| Financial charges | 65/66B | €117 | €131 | +€14 | +11.6% |
| Recurring financial charges | 65 | €117 | €131 | +€14 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | -€273 | €19,173 | +€19,446 | |
| Income taxes | 67/77 | €758 | €2,522 | +€1,763 | +233% |
| Profit (loss) for the period | 9904 | -€1,031 | €16,652 | +€17,683 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,031 | €16,652 | +€17,683 |
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 15 October 2026 via checked.be.