Normandie Patrick: what changed
Normandie Patrick
Largest movements
- Tangible fixed assets +€28,706
up €28,706 (+28.7%), from €100,105 to €128,811
of which Plant, machinery and equipment: +€28,706
- Cash +€10,727
up €10,727 (+92.8%), from €11,561 to €22,287
mainly Net result for the year (+€20,451) and Trade debts (+€14,754)
- Receivables within one year -€9,817
down €9,817 (-24.4%), from €40,309 to €30,492
of which Other amounts receivable: -€5,130
- Stocks and contracts -€6,799
down €6,799 (-47.6%), from €14,269 to €7,470
- Reserves +€20,451
up €20,451 (+38.9%), from €52,526 to €72,977
of which Distributable reserves: +€20,451
- Trade debts +€14,754
up €14,754 (+678%), from €2,178 to €16,931
- Debts after one year -€11,335
down €11,335 (-18.0%), from €63,064 to €51,729
- Current portion of long-term debt -€5,913
down €5,913 (-32.0%), from €18,488 to €12,575
- Tax, wage and social debts +€4,251
up €4,251 (+101%), from €4,217 to €8,468
- Depreciation -€32,612
no longer reported in 2024 (was €32,612)
- Taxes +€6,318
new in 2024: €6,318
- Gross operating margin -€1,853
down €1,853 (-5.8%), from €31,944 to €30,091
- Financial charges -€652
down €652 (-13.9%), from €4,686 to €4,034
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €173,124 | €195,703 | +€22,579 | +13.0% |
| Fixed assets | 21/28 | €104,338 | €133,044 | +€28,706 | +27.5% |
| Intangible fixed assets | 21 | €4,233 | €4,233 | = | 0.0% |
| Tangible fixed assets | 22/27 | €100,105 | €128,811 | +€28,706 | +28.7% |
| Plant, machinery and equipment | 23 | €44,769 | €73,475 | +€28,706 | +64.1% |
| Furniture and vehicles | 24 | €3,204 | €3,204 | = | 0.0% |
| Leasing and similar rights | 25 | €52,132 | €52,132 | = | 0.0% |
| Current assets | 29/58 | €68,786 | €62,659 | -€6,127 | -8.9% |
| Stocks and contracts in progress | 3 | €14,269 | €7,470 | -€6,799 | -47.6% |
| Stocks | 30/36 | €14,269 | €7,470 | -€6,799 | -47.6% |
| Amounts receivable within one year | 40/41 | €40,309 | €30,492 | -€9,817 | -24.4% |
| Trade receivables | 40 | €6,171 | €1,485 | -€4,686 | -75.9% |
| Other amounts receivable | 41 | €34,137 | €29,007 | -€5,130 | -15.0% |
| Cash at bank and in hand | 54/58 | €11,561 | €22,287 | +€10,727 | +92.8% |
| Deferred charges and accrued income | 490/1 | €2,648 | €2,410 | -€238 | -9.0% |
| Total equity and liabilities | 10/49 | €173,124 | €195,703 | +€22,579 | +13.0% |
| Equity | 10/15 | €85,178 | €105,629 | +€20,451 | +24.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52,526 | €72,977 | +€20,451 | +38.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €50,666 | €71,117 | +€20,451 | +40.4% |
| Profit (loss) carried forward | 14 | €14,051 | €14,051 | = | 0.0% |
| Amounts payable | 17/49 | €87,946 | €90,075 | +€2,128 | +2.4% |
| Amounts payable after more than one year | 17 | €63,064 | €51,729 | -€11,335 | -18.0% |
| Financial debts | 170/4 | €63,064 | €51,729 | -€11,335 | -18.0% |
| Amounts payable within one year | 42/48 | €24,883 | €38,346 | +€13,463 | +54.1% |
| Current portion of amounts payable after more than one year | 42 | €18,488 | €12,575 | -€5,913 | -32.0% |
| Trade debts | 44 | €2,178 | €16,931 | +€14,754 | +678% |
| Suppliers | 440/4 | €2,178 | €16,931 | +€14,754 | +678% |
| Taxes, remuneration and social security | 45 | €4,217 | €8,468 | +€4,251 | +101% |
| Taxes | 450/3 | €4,217 | €8,468 | +€4,251 | +101% |
| Other amounts payable | 47/48 | - | €371 | +€371 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,612 | - | -€32,612 | |
| Other operating charges | 640/8 | €396 | €472 | +€76 | +19.3% |
| Gross operating margin | 9900 | €31,944 | €30,091 | -€1,853 | -5.8% |
| Operating profit (loss) | 9901 | -€1,064 | €29,619 | +€30,683 | |
| Financial income | 75/76B | €1,453 | €1,184 | -€269 | -18.5% |
| Recurring financial income | 75 | €1,453 | €1,184 | -€269 | -18.5% |
| Financial charges | 65/66B | €4,686 | €4,034 | -€652 | -13.9% |
| Recurring financial charges | 65 | €4,686 | €4,034 | -€652 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,297 | €26,769 | +€31,066 | |
| Income taxes | 67/77 | - | €6,318 | +€6,318 | |
| Profit (loss) for the period | 9904 | -€4,297 | €20,451 | +€24,748 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,297 | €20,451 | +€24,748 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.