PureTech: 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.
PureTech
Largest movements
- Receivables within one year -€35,964
down €35,964 (-94.1%), from €38,234 to €2,270
of which Other amounts receivable: -€28,652
- Tangible fixed assets +€29,300
up €29,300 (+137.4%), from €21,331 to €50,631
of which Leasing and similar rights: +€22,922
- Stocks and contracts +€6,908
up €6,908 (+227.0%), from €3,044 to €9,952
- Cash +€3,040
up €3,040 (+16.8%), from €18,068 to €21,107
mainly Receivables within one year (+€35,964) and Depreciation (+€25,266)
- Deferred charges and accrued income +€2,692
up €2,692 (+73.6%), from €3,656 to €6,348
- Other debts -€39,244
no longer reported in 2025 (was €39,244)
- Current portion of long-term debt +€17,141
up €17,141 (+1864.6%), from €919 to €18,060
- Reserves +€15,882
up €15,882 (+70.7%), from €22,474 to €38,356
- Debts after one year +€12,856
new in 2025: €12,856
- Short-term financial debts -€6,761
no longer reported in 2025 (was €6,761)
- Gross operating margin -€57,337
down €57,337 (-52.9%), from €108,370 to €51,034
- Depreciation +€20,922
up €20,922 (+481.7%), from €4,344 to €25,266
- Taxes -€20,650
down €20,650 (-75.5%), from €27,350 to €6,701
- Financial charges -€4,163
down €4,163 (-65.5%), from €6,354 to €2,191
- Other operating charges -€2,369
down €2,369 (-70.1%), from €3,379 to €1,010
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 | €84,333 | €90,308 | +€5,976 | +7.1% |
| Fixed assets | 21/28 | €21,331 | €50,631 | +€29,300 | +137.4% |
| Tangible fixed assets | 22/27 | €21,331 | €50,631 | +€29,300 | +137.4% |
| Plant, machinery and equipment | 23 | €11,638 | €18,858 | +€7,220 | +62.0% |
| Furniture and vehicles | 24 | €5,938 | €5,915 | -€24 | -0.4% |
| Leasing and similar rights | 25 | - | €22,922 | +€22,922 | |
| Other tangible fixed assets | 26 | €3,755 | €2,936 | -€819 | -21.8% |
| Current assets | 29/58 | €63,001 | €39,677 | -€23,324 | -37.0% |
| Stocks and contracts in progress | 3 | €3,044 | €9,952 | +€6,908 | +227.0% |
| Stocks | 30/36 | €3,044 | €9,952 | +€6,908 | +227.0% |
| Amounts receivable within one year | 40/41 | €38,234 | €2,270 | -€35,964 | -94.1% |
| Trade receivables | 40 | €9,295 | €1,983 | -€7,312 | -78.7% |
| Other amounts receivable | 41 | €28,939 | €287 | -€28,652 | -99.0% |
| Cash at bank and in hand | 54/58 | €18,068 | €21,107 | +€3,040 | +16.8% |
| Deferred charges and accrued income | 490/1 | €3,656 | €6,348 | +€2,692 | +73.6% |
| Total equity and liabilities | 10/49 | €84,333 | €90,308 | +€5,976 | +7.1% |
| Equity | 10/15 | €28,674 | €44,556 | +€15,882 | +55.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €22,474 | €38,356 | +€15,882 | +70.7% |
| Distributable reserves | 133 | €22,474 | €38,356 | +€15,882 | +70.7% |
| Amounts payable | 17/49 | €55,658 | €45,752 | -€9,906 | -17.8% |
| Amounts payable after more than one year | 17 | - | €12,856 | +€12,856 | |
| Financial debts | 170/4 | - | €12,856 | +€12,856 | |
| Amounts payable within one year | 42/48 | €55,658 | €32,896 | -€22,762 | -40.9% |
| Current portion of amounts payable after more than one year | 42 | €919 | €18,060 | +€17,141 | +1864.6% |
| Financial debts | 43 | €6,761 | - | -€6,761 | |
| Credit institutions | 430/8 | €6,761 | - | -€6,761 | |
| Trade debts | 44 | €258 | €3,893 | +€3,635 | +1407.6% |
| Suppliers | 440/4 | €258 | €3,893 | +€3,635 | +1407.6% |
| Taxes, remuneration and social security | 45 | €8,475 | €10,943 | +€2,468 | +29.1% |
| Taxes | 450/3 | €8,475 | €10,943 | +€2,468 | +29.1% |
| Other amounts payable | 47/48 | €39,244 | - | -€39,244 | |
| Non-recurring operating income | 76A | €94,760 | - | -€94,760 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,344 | €25,266 | +€20,922 | +481.7% |
| Other operating charges | 640/8 | €3,379 | €1,010 | -€2,369 | -70.1% |
| Gross operating margin | 9900 | €108,370 | €51,034 | -€57,337 | -52.9% |
| Operating profit (loss) | 9901 | €100,648 | €24,758 | -€75,889 | -75.4% |
| Financial income | 75/76B | €926 | €15 | -€912 | -98.4% |
| Recurring financial income | 75 | €926 | €15 | -€912 | -98.4% |
| Financial charges | 65/66B | €6,354 | €2,191 | -€4,163 | -65.5% |
| Recurring financial charges | 65 | €6,354 | €2,191 | -€4,163 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | €95,220 | €22,582 | -€72,638 | -76.3% |
| Income taxes | 67/77 | €27,350 | €6,701 | -€20,650 | -75.5% |
| Profit (loss) for the period | 9904 | €67,870 | €15,882 | -€51,988 | -76.6% |
| Profit (loss) for the period to be appropriated | 9905 | €67,870 | €15,882 | -€51,988 | -76.6% |
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 2 October 2026 via checked.be.