DR. L.PATTYN: what changed
DR. L.PATTYN
Largest movements
- Cash +€34,553
up €34,553 (+28.5%), from €121,357 to €155,910
mainly Net result for the year (+€130,427) and Tax, wage and social debts (+€10,382)
- Current investments +€20,500
up €20,500 (+10.1%), from €202,823 to €223,323
- Tangible fixed assets -€8,951
down €8,951 (-3.3%), from €273,106 to €264,154
of which Land and buildings: -€7,694
- Receivables within one year +€7,554
up €7,554 (+20.9%), from €36,219 to €43,773
- Reserves +€130,427
up €130,427 (+50.7%), from €257,304 to €387,730
of which Distributable reserves: +€130,427
- Other debts -€49,854
down €49,854 (-37.4%), from €133,447 to €83,593
- Accrued charges and deferred income -€20,139
no longer reported in 2025 (was €20,139)
- Debts after one year -€15,375
down €15,375 (-10.3%), from €148,742 to €133,367
- Tax, wage and social debts +€10,382
up €10,382 (+65.8%), from €15,773 to €26,154
of which Taxes: +€10,367
- Gross operating margin +€67,771
up €67,771 (+50.9%), from €133,107 to €200,878
- Financial income -€23,211
no longer reported in 2025 (was €23,211)
- Taxes +€18,237
up €18,237 (+48.3%), from €37,773 to €56,009
- Financial charges -€4,074
down €4,074 (-52.8%), from €7,713 to €3,639
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 | €634,996 | €688,294 | +€53,297 | +8.4% |
| Fixed assets | 21/28 | €273,106 | €264,154 | -€8,951 | -3.3% |
| Tangible fixed assets | 22/27 | €273,106 | €264,154 | -€8,951 | -3.3% |
| Land and buildings | 22 | €268,307 | €260,613 | -€7,694 | -2.9% |
| Furniture and vehicles | 24 | €4,799 | €3,541 | -€1,258 | -26.2% |
| Current assets | 29/58 | €361,890 | €424,139 | +€62,249 | +17.2% |
| Amounts receivable within one year | 40/41 | €36,219 | €43,773 | +€7,554 | +20.9% |
| Trade receivables | 40 | €36,219 | €43,773 | +€7,554 | +20.9% |
| Current investments | 50/53 | €202,823 | €223,323 | +€20,500 | +10.1% |
| Cash at bank and in hand | 54/58 | €121,357 | €155,910 | +€34,553 | +28.5% |
| Deferred charges and accrued income | 490/1 | €1,491 | €1,133 | -€358 | -24.0% |
| Total equity and liabilities | 10/49 | €634,996 | €688,294 | +€53,297 | +8.4% |
| Equity | 10/15 | €287,897 | €418,324 | +€130,427 | +45.3% |
| Contributions | 10/11 | €94,200 | €94,200 | = | 0.0% |
| Reserves | 13 | €257,304 | €387,730 | +€130,427 | +50.7% |
| Non-distributable reserves | 130/1 | €9,420 | €9,420 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,420 | €9,420 | = | 0.0% |
| Distributable reserves | 133 | €247,884 | €378,310 | +€130,427 | +52.6% |
| Profit (loss) carried forward | 14 | -€63,606 | -€63,606 | = | 0.0% |
| Amounts payable | 17/49 | €347,099 | €269,969 | -€77,129 | -22.2% |
| Amounts payable after more than one year | 17 | €148,742 | €133,367 | -€15,375 | -10.3% |
| Financial debts | 170/4 | €148,742 | €133,367 | -€15,375 | -10.3% |
| Amounts payable within one year | 42/48 | €178,218 | €136,603 | -€41,615 | -23.4% |
| Current portion of amounts payable after more than one year | 42 | €28,611 | €25,050 | -€3,561 | -12.4% |
| Trade debts | 44 | €387 | €1,805 | +€1,418 | +366% |
| Suppliers | 440/4 | €387 | €1,805 | +€1,418 | +366% |
| Taxes, remuneration and social security | 45 | €15,773 | €26,154 | +€10,382 | +65.8% |
| Taxes | 450/3 | €12,642 | €23,009 | +€10,367 | +82.0% |
| Remuneration and social security | 454/9 | €3,130 | €3,145 | +€15 | +0.5% |
| Other amounts payable | 47/48 | €133,447 | €83,593 | -€49,854 | -37.4% |
| Accrued charges and deferred income | 492/3 | €20,139 | - | -€20,139 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,593 | €8,951 | +€358 | +4.2% |
| Other operating charges | 640/8 | €2,356 | €1,852 | -€504 | -21.4% |
| Gross operating margin | 9900 | €133,107 | €200,878 | +€67,771 | +50.9% |
| Operating profit (loss) | 9901 | €122,158 | €190,075 | +€67,917 | +55.6% |
| Financial income | 75/76B | €23,211 | - | -€23,211 | |
| Recurring financial income | 75 | €23,211 | - | -€23,211 | |
| Financial charges | 65/66B | €7,713 | €3,639 | -€4,074 | -52.8% |
| Recurring financial charges | 65 | €7,713 | €3,639 | -€4,074 | -52.8% |
| Profit (loss) for the period before taxes | 9903 | €137,656 | €186,436 | +€48,780 | +35.4% |
| Income taxes | 67/77 | €37,773 | €56,009 | +€18,237 | +48.3% |
| Profit (loss) for the period | 9904 | €99,884 | €130,427 | +€30,543 | +30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €99,884 | €130,427 | +€30,543 | +30.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.