CHEZ PAT'S: what changed
CHEZ PAT'S
Largest movements
- Tangible fixed assets -€16,986
down €16,986 (-12.0%), from €141,612 to €124,626
of which Land and buildings: -€11,260
- Receivables within one year -€3,966
down €3,966 (-11.4%), from €34,846 to €30,880
of which Trade receivables: -€3,963
- Deferred charges and accrued income -€2,243
down €2,243 (-98.3%), from €2,283 to €40
- Tax, wage and social debts -€18,328
down €18,328 (-84.0%), from €21,810 to €3,482
of which Remuneration and social security: -€16,168
- Other debts +€11,930
up €11,930 (+84.2%), from €14,165 to €26,095
- Profit (loss) carried forward -€10,566
down €10,566 (-56.7%), from -€18,634 to -€29,200
- Advances received -€4,200
no longer reported in 2025 (was €4,200)
- Gross operating margin -€73,026
down €73,026 (-62.8%), from €116,295 to €43,269
- Staff costs -€54,475
down €54,475 (-63.2%), from €86,205 to €31,730
- Other operating charges -€10,691
down €10,691 (-74.4%), from €14,361 to €3,670
- Taxes -€4,398
down €4,398, from €3,713 to -€685
- Depreciation +€1,253
up €1,253 (+7.5%), from €16,648 to €17,901
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €185,098 | €162,835 | -€22,263 | -12.0% |
| Fixed assets | 21/28 | €146,608 | €129,622 | -€16,986 | -11.6% |
| Tangible fixed assets | 22/27 | €141,612 | €124,626 | -€16,986 | -12.0% |
| Land and buildings | 22 | €129,247 | €117,987 | -€11,260 | -8.7% |
| Plant, machinery and equipment | 23 | €3,523 | €3,268 | -€255 | -7.2% |
| Furniture and vehicles | 24 | €8,842 | €3,370 | -€5,472 | -61.9% |
| Financial fixed assets | 28 | €4,996 | €4,996 | = | 0.0% |
| Current assets | 29/58 | €38,490 | €33,213 | -€5,277 | -13.7% |
| Amounts receivable within one year | 40/41 | €34,846 | €30,880 | -€3,966 | -11.4% |
| Trade receivables | 40 | €9,291 | €5,328 | -€3,963 | -42.7% |
| Other amounts receivable | 41 | €25,555 | €25,552 | -€3 | 0.0% |
| Cash at bank and in hand | 54/58 | €1,361 | €2,292 | +€931 | +68.4% |
| Deferred charges and accrued income | 490/1 | €2,283 | €40 | -€2,243 | -98.3% |
| Total equity and liabilities | 10/49 | €185,098 | €162,835 | -€22,263 | -12.0% |
| Equity | 10/15 | €48,543 | €37,977 | -€10,566 | -21.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €48,577 | €48,577 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €371 | €371 | +€0 | 0.0% |
| Legal reserve | 130 | €371 | - | -€371 | |
| Reserves not available under the articles | 1311 | - | €371 | +€371 | |
| Distributable reserves | 133 | €48,206 | €48,206 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€18,634 | -€29,200 | -€10,566 | -56.7% |
| Amounts payable | 17/49 | €136,555 | €124,858 | -€11,697 | -8.6% |
| Amounts payable after more than one year | 17 | €88,000 | €88,000 | = | 0.0% |
| Financial debts | 170/4 | €88,000 | €88,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €48,555 | €36,858 | -€11,697 | -24.1% |
| Trade debts | 44 | €8,380 | €7,281 | -€1,099 | -13.1% |
| Suppliers | 440/4 | €8,380 | €7,281 | -€1,099 | -13.1% |
| Advances received on contracts in progress | 46 | €4,200 | - | -€4,200 | |
| Taxes, remuneration and social security | 45 | €21,810 | €3,482 | -€18,328 | -84.0% |
| Taxes | 450/3 | €4,299 | €2,139 | -€2,160 | -50.3% |
| Remuneration and social security | 454/9 | €17,511 | €1,343 | -€16,168 | -92.3% |
| Other amounts payable | 47/48 | €14,165 | €26,095 | +€11,930 | +84.2% |
| Remuneration, social security and pensions | 62 | €86,205 | €31,730 | -€54,475 | -63.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,648 | €17,901 | +€1,253 | +7.5% |
| Other operating charges | 640/8 | €14,361 | €3,670 | -€10,691 | -74.4% |
| Gross operating margin | 9900 | €116,295 | €43,269 | -€73,026 | -62.8% |
| Operating profit (loss) | 9901 | -€919 | -€10,033 | -€9,114 | -992% |
| Financial income | 75/76B | €7 | €0 | -€7 | -99.7% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -99.7% |
| Financial charges | 65/66B | €1,311 | €1,219 | -€92 | -7.0% |
| Recurring financial charges | 65 | €1,311 | €1,219 | -€92 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,223 | -€11,252 | -€9,029 | -406% |
| Income taxes | 67/77 | €3,713 | -€685 | -€4,398 | |
| Profit (loss) for the period | 9904 | -€5,936 | -€10,567 | -€4,631 | -78.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,936 | -€10,567 | -€4,631 | -78.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.