DEGROOTE-PATTYN: 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.
DEGROOTE-PATTYN
Largest movements
- Tangible fixed assets +€256,413
up €256,413 (+89.6%), from €286,291 to €542,704
of which Land and buildings: +€246,952
- Cash -€125,395
down €125,395 (-63.4%), from €197,867 to €72,472
mainly Investment in fixed assets (net) (-€378,290) and Trade debts (-€7,747)
- Receivables within one year -€12,139
down €12,139 (-38.6%), from €31,477 to €19,338
- Reserves +€96,311
up €96,311 (+30.6%), from €315,155 to €411,466
- Debts after one year +€16,863
up €16,863 (+25.7%), from €65,726 to €82,589
- Current portion of long-term debt +€10,381
up €10,381 (+55.0%), from €18,868 to €29,249
- Tax, wage and social debts +€10,116
up €10,116 (+38.9%), from €26,015 to €36,131
- Trade debts -€7,747
down €7,747 (-76.1%), from €10,186 to €2,438
- Gross operating margin +€30,388
up €30,388 (+12.9%), from €235,134 to €265,522
- Taxes +€10,795
up €10,795 (+42.7%), from €25,264 to €36,059
- Depreciation -€9,399
down €9,399 (-7.2%), from €131,276 to €121,877
- Other operating charges +€4,720
up €4,720 (+178%), from €2,653 to €7,373
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €518,104 | €638,163 | +€120,059 | +23.2% |
| Fixed assets | 21/28 | €286,291 | €542,704 | +€256,413 | +89.6% |
| Tangible fixed assets | 22/27 | €286,291 | €542,704 | +€256,413 | +89.6% |
| Land and buildings | 22 | €116,508 | €363,460 | +€246,952 | +212% |
| Plant, machinery and equipment | 23 | €35,504 | €33,768 | -€1,736 | -4.9% |
| Furniture and vehicles | 24 | €134,279 | €145,477 | +€11,198 | +8.3% |
| Current assets | 29/58 | €231,813 | €95,458 | -€136,355 | -58.8% |
| Amounts receivable within one year | 40/41 | €31,477 | €19,338 | -€12,139 | -38.6% |
| Other amounts receivable | 41 | €31,477 | €19,338 | -€12,139 | -38.6% |
| Cash at bank and in hand | 54/58 | €197,867 | €72,472 | -€125,395 | -63.4% |
| Deferred charges and accrued income | 490/1 | €2,469 | €3,649 | +€1,180 | +47.8% |
| Total equity and liabilities | 10/49 | €518,104 | €638,163 | +€120,059 | +23.2% |
| Equity | 10/15 | €390,615 | €486,925 | +€96,311 | +24.7% |
| Contributions | 10/11 | €75,460 | €75,460 | = | 0.0% |
| Reserves | 13 | €315,155 | €411,466 | +€96,311 | +30.6% |
| Distributable reserves | 133 | €315,155 | €411,466 | +€96,311 | +30.6% |
| Amounts payable | 17/49 | €127,489 | €151,237 | +€23,748 | +18.6% |
| Amounts payable after more than one year | 17 | €65,726 | €82,589 | +€16,863 | +25.7% |
| Financial debts | 170/4 | €65,726 | €82,589 | +€16,863 | +25.7% |
| Amounts payable within one year | 42/48 | €61,763 | €68,649 | +€6,885 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €18,868 | €29,249 | +€10,381 | +55.0% |
| Trade debts | 44 | €10,186 | €2,438 | -€7,747 | -76.1% |
| Suppliers | 440/4 | €10,186 | €2,438 | -€7,747 | -76.1% |
| Taxes, remuneration and social security | 45 | €26,015 | €36,131 | +€10,116 | +38.9% |
| Taxes | 450/3 | €26,015 | €36,131 | +€10,116 | +38.9% |
| Other amounts payable | 47/48 | €6,694 | €830 | -€5,864 | -87.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €131,276 | €121,877 | -€9,399 | -7.2% |
| Other operating charges | 640/8 | €2,653 | €7,373 | +€4,720 | +178% |
| Gross operating margin | 9900 | €235,134 | €265,522 | +€30,388 | +12.9% |
| Operating profit (loss) | 9901 | €101,205 | €136,272 | +€35,067 | +34.6% |
| Financial income | 75/76B | - | €207 | +€207 | |
| Recurring financial income | 75 | - | €207 | +€207 | |
| Financial charges | 65/66B | €3,303 | €4,110 | +€807 | +24.4% |
| Recurring financial charges | 65 | €3,303 | €4,110 | +€807 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | €97,902 | €132,369 | +€34,467 | +35.2% |
| Income taxes | 67/77 | €25,264 | €36,059 | +€10,795 | +42.7% |
| Profit (loss) for the period | 9904 | €72,638 | €96,311 | +€23,673 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €72,638 | €96,311 | +€23,673 | +32.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.