IL PATTINO: 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.
IL PATTINO
Largest movements
- Tangible fixed assets +€54,559
up €54,559 (+22.5%), from €242,560 to €297,119
of which Land and buildings: +€51,732
- Cash +€32,233
up €32,233 (+21.3%), from €151,270 to €183,502
mainly Net result for the year (+€70,180) and Depreciation (+€34,070)
- Receivables within one year -€15,473
down €15,473 (-60.7%), from €25,473 to €10,000
- Reserves +€70,180
up €70,180 (+38.8%), from €180,914 to €251,094
of which Distributable reserves: +€70,180
- Trade debts -€8,201
down €8,201 (-23.2%), from €35,312 to €27,112
- Gross operating margin -€23,034
down €23,034 (-10.3%), from €223,889 to €200,855
- Depreciation -€22,132
down €22,132 (-39.4%), from €56,203 to €34,070
- Staff costs -€8,418
down €8,418 (-11.2%), from €75,032 to €66,614
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 | €534,052 | €605,132 | +€71,080 | +13.3% |
| Fixed assets | 21/28 | €246,324 | €300,000 | +€53,676 | +21.8% |
| Intangible fixed assets | 21 | €1,764 | €881 | -€883 | -50.0% |
| Tangible fixed assets | 22/27 | €242,560 | €297,119 | +€54,559 | +22.5% |
| Land and buildings | 22 | €235,121 | €286,854 | +€51,732 | +22.0% |
| Plant, machinery and equipment | 23 | €2,836 | €1,409 | -€1,427 | -50.3% |
| Furniture and vehicles | 24 | €4,603 | €8,856 | +€4,253 | +92.4% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €287,728 | €305,132 | +€17,404 | +6.0% |
| Stocks and contracts in progress | 3 | €109,819 | €108,931 | -€888 | -0.8% |
| Stocks | 30/36 | €109,819 | €108,931 | -€888 | -0.8% |
| Amounts receivable within one year | 40/41 | €25,473 | €10,000 | -€15,473 | -60.7% |
| Trade receivables | 40 | €25,473 | €10,000 | -€15,473 | -60.7% |
| Cash at bank and in hand | 54/58 | €151,270 | €183,502 | +€32,233 | +21.3% |
| Deferred charges and accrued income | 490/1 | €1,166 | €2,699 | +€1,532 | +131% |
| Total equity and liabilities | 10/49 | €534,052 | €605,132 | +€71,080 | +13.3% |
| Equity | 10/15 | €227,406 | €297,585 | +€70,180 | +30.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €180,914 | €251,094 | +€70,180 | +38.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €2,026 | €2,026 | = | 0.0% |
| Distributable reserves | 133 | €178,888 | €249,068 | +€70,180 | +39.2% |
| Profit (loss) carried forward | 14 | €27,891 | €27,891 | = | 0.0% |
| Amounts payable | 17/49 | €306,646 | €307,547 | +€901 | +0.3% |
| Amounts payable after more than one year | 17 | €180,215 | €182,620 | +€2,405 | +1.3% |
| Financial debts | 170/4 | €180,215 | €182,620 | +€2,405 | +1.3% |
| Amounts payable within one year | 42/48 | €126,431 | €124,927 | -€1,504 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €19,504 | €21,402 | +€1,898 | +9.7% |
| Financial debts | 43 | €8,825 | €8,796 | -€29 | -0.3% |
| Credit institutions | 430/8 | €8,825 | €8,796 | -€29 | -0.3% |
| Trade debts | 44 | €35,312 | €27,112 | -€8,201 | -23.2% |
| Suppliers | 440/4 | €35,312 | €27,112 | -€8,201 | -23.2% |
| Advances received on contracts in progress | 46 | - | €232 | +€232 | |
| Taxes, remuneration and social security | 45 | €62,789 | €67,385 | +€4,596 | +7.3% |
| Taxes | 450/3 | €51,208 | €59,742 | +€8,534 | +16.7% |
| Remuneration and social security | 454/9 | €11,581 | €7,643 | -€3,938 | -34.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €75,032 | €66,614 | -€8,418 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,203 | €34,070 | -€22,132 | -39.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €103 | -€200 | -€302 | |
| Other operating charges | 640/8 | €7,229 | €6,219 | -€1,010 | -14.0% |
| Gross operating margin | 9900 | €223,889 | €200,855 | -€23,034 | -10.3% |
| Operating profit (loss) | 9901 | €85,323 | €94,151 | +€8,829 | +10.3% |
| Financial income | 75/76B | €9,807 | €9,914 | +€107 | +1.1% |
| Recurring financial income | 75 | €9,807 | €9,914 | +€107 | +1.1% |
| Financial charges | 65/66B | €9,426 | €7,743 | -€1,683 | -17.9% |
| Recurring financial charges | 65 | €9,426 | €7,743 | -€1,683 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €85,704 | €96,323 | +€10,619 | +12.4% |
| Income taxes | 67/77 | €24,460 | €26,143 | +€1,683 | +6.9% |
| Profit (loss) for the period | 9904 | €61,243 | €70,180 | +€8,936 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €61,243 | €70,180 | +€8,936 | +14.6% |
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 26 October 2026 via checked.be.