JACQUES PATTEEUW: 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.
JACQUES PATTEEUW
Largest movements
- Receivables within one year +€188,168
up €188,168 (+28.2%), from €668,212 to €856,380
of which Trade receivables: +€187,503
- Cash -€149,848
down €149,848 (-26.0%), from €576,198 to €426,350
mainly Receivables within one year (-€188,168) and Investment in fixed assets (net) (-€101,907)
- Tangible fixed assets +€86,053
up €86,053 (+3,953%), from €2,177 to €88,230
of which Furniture and vehicles: +€86,053
- Other debts +€80,988
up €80,988 (+45.8%), from €177,001 to €257,989
- Trade debts -€75,385
down €75,385 (-10.9%), from €692,091 to €616,706
- Reserves +€63,000
up €63,000 (+19.4%), from €324,000 to €387,000
of which Distributable reserves: +€63,000
- Tax, wage and social debts +€54,266
up €54,266 (+138%), from €39,191 to €93,458
- Gross operating margin +€222,005
up €222,005 (+679%), from €32,689 to €254,694
- Taxes +€70,344
up €70,344 (+938%), from €7,496 to €77,840
- Other operating charges +€9,943
up €9,943 (+200%), from €4,960 to €14,903
- Depreciation +€5,500
up €5,500 (+53.1%), from €10,354 to €15,854
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 | €1,251,089 | €1,375,011 | +€123,922 | +9.9% |
| Fixed assets | 21/28 | €2,177 | €88,230 | +€86,053 | +3,953% |
| Tangible fixed assets | 22/27 | €2,177 | €88,230 | +€86,053 | +3,953% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €2,177 | €88,230 | +€86,053 | +3,953% |
| Current assets | 29/58 | €1,248,911 | €1,286,781 | +€37,869 | +3.0% |
| Amounts receivable within one year | 40/41 | €668,212 | €856,380 | +€188,168 | +28.2% |
| Trade receivables | 40 | €668,197 | €855,699 | +€187,503 | +28.1% |
| Other amounts receivable | 41 | €15 | €680 | +€665 | +4,399% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €576,198 | €426,350 | -€149,848 | -26.0% |
| Deferred charges and accrued income | 490/1 | €4,502 | €4,051 | -€450 | -10.0% |
| Total equity and liabilities | 10/49 | €1,251,089 | €1,375,011 | +€123,922 | +9.9% |
| Equity | 10/15 | €342,785 | €406,339 | +€63,554 | +18.5% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €324,000 | €387,000 | +€63,000 | +19.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €324,000 | €387,000 | +€63,000 | +19.4% |
| Profit (loss) carried forward | 14 | €10,725 | €11,279 | +€554 | +5.2% |
| Amounts payable | 17/49 | €908,304 | €968,672 | +€60,368 | +6.6% |
| Amounts payable within one year | 42/48 | €908,284 | €968,153 | +€59,869 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €692,091 | €616,706 | -€75,385 | -10.9% |
| Suppliers | 440/4 | €692,091 | €616,706 | -€75,385 | -10.9% |
| Taxes, remuneration and social security | 45 | €39,191 | €93,458 | +€54,266 | +138% |
| Taxes | 450/3 | €39,191 | €93,458 | +€54,266 | +138% |
| Other amounts payable | 47/48 | €177,001 | €257,989 | +€80,988 | +45.8% |
| Accrued charges and deferred income | 492/3 | €20 | €519 | +€499 | +2,496% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,354 | €15,854 | +€5,500 | +53.1% |
| Other operating charges | 640/8 | €4,960 | €14,903 | +€9,943 | +200% |
| Gross operating margin | 9900 | €32,689 | €254,694 | +€222,005 | +679% |
| Operating profit (loss) | 9901 | €17,375 | €223,936 | +€206,562 | +1,189% |
| Financial income | 75/76B | €3,405 | €3,047 | -€358 | -10.5% |
| Recurring financial income | 75 | €3,405 | €3,047 | -€358 | -10.5% |
| Financial charges | 65/66B | €1,031 | €590 | -€441 | -42.8% |
| Recurring financial charges | 65 | €1,031 | €590 | -€441 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €19,749 | €226,393 | +€206,645 | +1,046% |
| Income taxes | 67/77 | €7,496 | €77,840 | +€70,344 | +938% |
| Profit (loss) for the period | 9904 | €12,253 | €148,554 | +€136,301 | +1,112% |
| Profit (loss) for the period to be appropriated | 9905 | €12,253 | €148,554 | +€136,301 | +1,112% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.