PROTHETICA: 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.
PROTHETICA
Largest movements
- Receivables within one year +€71,475
up €71,475 (+64.9%), from €110,152 to €181,628
of which Trade receivables: +€57,583
- Tangible fixed assets -€13,057
down €13,057 (-15.0%), from €87,090 to €74,033
of which Plant, machinery and equipment: -€13,740
- Cash +€5,089
up €5,089 (+9.1%), from €56,035 to €61,124
mainly Other debts (+€87,648) and Net result for the year (+€60,975)
- Other debts +€87,648
new in 2025: €87,648
- Reserves -€26,674
down €26,674 (-15.6%), from €171,425 to €144,751
of which Distributable reserves: -€26,674
- Tax, wage and social debts +€16,841
up €16,841 (+373%), from €4,516 to €21,357
of which Taxes: +€16,372
- Short-term financial debts -€15,048
down €15,048 (-75.2%), from €20,018 to €4,970
- Trade debts +€14,059
up €14,059 (+126%), from €11,160 to €25,219
- Gross operating margin +€93,346
up €93,346 (+25.4%), from €366,970 to €460,315
- Staff costs +€19,616
up €19,616 (+6.3%), from €311,335 to €330,952
- Taxes +€17,067
up €17,067 (+224%), from €7,602 to €24,669
- Other operating charges +€13,924
up €13,924 (+235%), from €5,915 to €19,839
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 | €256,164 | €323,306 | +€67,142 | +26.2% |
| Fixed assets | 21/28 | €87,378 | €74,321 | -€13,057 | -14.9% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €87,090 | €74,033 | -€13,057 | -15.0% |
| Land and buildings | 22 | €15,356 | €12,308 | -€3,049 | -19.9% |
| Plant, machinery and equipment | 23 | €44,915 | €31,174 | -€13,740 | -30.6% |
| Furniture and vehicles | 24 | €26,819 | €24,703 | -€2,117 | -7.9% |
| Leasing and similar rights | 25 | - | €0 | = | |
| Other tangible fixed assets | 26 | - | €5,848 | +€5,848 | |
| Financial fixed assets | 28 | €288 | €288 | = | 0.0% |
| Current assets | 29/58 | €168,786 | €248,985 | +€80,199 | +47.5% |
| Stocks and contracts in progress | 3 | €1,000 | €3,089 | +€2,089 | +209% |
| Stocks | 30/36 | €1,000 | €3,089 | +€2,089 | +209% |
| Amounts receivable within one year | 40/41 | €110,152 | €181,628 | +€71,475 | +64.9% |
| Trade receivables | 40 | €66,090 | €123,674 | +€57,583 | +87.1% |
| Other amounts receivable | 41 | €44,062 | €57,954 | +€13,892 | +31.5% |
| Cash at bank and in hand | 54/58 | €56,035 | €61,124 | +€5,089 | +9.1% |
| Deferred charges and accrued income | 490/1 | €1,598 | €3,143 | +€1,545 | +96.7% |
| Total equity and liabilities | 10/49 | €256,164 | €323,306 | +€67,142 | +26.2% |
| Equity | 10/15 | €190,025 | €163,351 | -€26,674 | -14.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €171,425 | €144,751 | -€26,674 | -15.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €161,565 | €134,891 | -€26,674 | -16.5% |
| Amounts payable | 17/49 | €66,139 | €159,954 | +€93,815 | +142% |
| Amounts payable after more than one year | 17 | €20,686 | €10,542 | -€10,143 | -49.0% |
| Financial debts | 170/4 | €20,686 | €10,542 | -€10,143 | -49.0% |
| Amounts payable within one year | 42/48 | €45,453 | €149,337 | +€103,884 | +229% |
| Current portion of amounts payable after more than one year | 42 | €9,760 | €10,143 | +€384 | +3.9% |
| Financial debts | 43 | €20,018 | €4,970 | -€15,048 | -75.2% |
| Credit institutions | 430/8 | €20,018 | €4,970 | -€15,048 | -75.2% |
| Trade debts | 44 | €11,160 | €25,219 | +€14,059 | +126% |
| Suppliers | 440/4 | €11,160 | €25,219 | +€14,059 | +126% |
| Taxes, remuneration and social security | 45 | €4,516 | €21,357 | +€16,841 | +373% |
| Taxes | 450/3 | €4,516 | €20,888 | +€16,372 | +363% |
| Remuneration and social security | 454/9 | - | €469 | +€469 | |
| Other amounts payable | 47/48 | - | €87,648 | +€87,648 | |
| Accrued charges and deferred income | 492/3 | - | €75 | +€75 | |
| Remuneration, social security and pensions | 62 | €311,335 | €330,952 | +€19,616 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,276 | €19,030 | -€3,246 | -14.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,108 | +€2,108 | |
| Other operating charges | 640/8 | €5,915 | €19,839 | +€13,924 | +235% |
| Gross operating margin | 9900 | €366,970 | €460,315 | +€93,346 | +25.4% |
| Operating profit (loss) | 9901 | €27,444 | €88,387 | +€60,943 | +222% |
| Financial income | 75/76B | €4,238 | €3,249 | -€988 | -23.3% |
| Recurring financial income | 75 | €4,238 | €3,249 | -€988 | -23.3% |
| Financial charges | 65/66B | €7,684 | €5,992 | -€1,692 | -22.0% |
| Recurring financial charges | 65 | €7,684 | €5,992 | -€1,692 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €23,997 | €85,644 | +€61,647 | +257% |
| Income taxes | 67/77 | €7,602 | €24,669 | +€17,067 | +224% |
| Profit (loss) for the period | 9904 | €16,395 | €60,975 | +€44,580 | +272% |
| Profit (loss) for the period to be appropriated | 9905 | €16,395 | €60,975 | +€44,580 | +272% |
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 20 October 2026 via checked.be.