PAT CONCEPT: 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.
PAT CONCEPT
Largest movements
- Tangible fixed assets +€28,029
up €28,029 (+199%), from €14,078 to €42,107
of which Furniture and vehicles: +€27,789
- Receivables within one year +€4,552
up €4,552 (+11.0%), from €41,326 to €45,878
of which Other amounts receivable: +€11,578
- Cash -€997
down €997 (-16.9%), from €5,900 to €4,903
mainly Contributions, distributions and other (-€40,000) and Investment in fixed assets (net) (-€34,918)
- Debts after one year +€26,696
up €26,696 (+173%), from €15,439 to €42,135
- Tax, wage and social debts +€12,561
up €12,561 (+145%), from €8,670 to €21,231
- Profit (loss) carried forward -€11,742
down €11,742 (-40.8%), from €28,791 to €17,049
- Other debts +€5,760
new in 2024: €5,760
- Trade debts -€1,692
down €1,692 (-49.2%), from €3,442 to €1,750
- Purchases and services +€47,480
up €47,480 (+19.0%), from €249,802 to €297,282
- Gross operating margin +€11,945
up €11,945 (+35.7%), from €33,492 to €45,437
- Taxes +€1,648
up €1,648 (+29.7%), from €5,556 to €7,205
- Depreciation +€1,505
up €1,505 (+27.9%), from €5,384 to €6,889
- Financial income -€899
down €899 (-99.9%), from €899 to €1
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,341 | €92,925 | +€31,584 | +51.5% |
| Fixed assets | 21/28 | €14,078 | €42,107 | +€28,029 | +199% |
| Tangible fixed assets | 22/27 | €14,078 | €42,107 | +€28,029 | +199% |
| Plant, machinery and equipment | 23 | €782 | €1,022 | +€240 | +30.6% |
| Furniture and vehicles | 24 | €13,295 | €41,085 | +€27,789 | +209% |
| Current assets | 29/58 | €47,263 | €50,818 | +€3,555 | +7.5% |
| Amounts receivable within one year | 40/41 | €41,326 | €45,878 | +€4,552 | +11.0% |
| Trade receivables | 40 | €7,027 | - | -€7,027 | |
| Other amounts receivable | 41 | €34,300 | €45,878 | +€11,578 | +33.8% |
| Cash at bank and in hand | 54/58 | €5,900 | €4,903 | -€997 | -16.9% |
| Deferred charges and accrued income | 490/1 | €37 | €37 | -€0 | -0.8% |
| Total equity and liabilities | 10/49 | €61,341 | €92,925 | +€31,584 | +51.5% |
| Equity | 10/15 | €33,791 | €22,049 | -€11,742 | -34.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,791 | €17,049 | -€11,742 | -40.8% |
| Amounts payable | 17/49 | €27,550 | €70,876 | +€43,325 | +157% |
| Amounts payable after more than one year | 17 | €15,439 | €42,135 | +€26,696 | +173% |
| Financial debts | 170/4 | €15,439 | €42,135 | +€26,696 | +173% |
| Amounts payable within one year | 42/48 | €12,111 | €28,740 | +€16,629 | +137% |
| Trade debts | 44 | €3,442 | €1,750 | -€1,692 | -49.2% |
| Suppliers | 440/4 | €3,442 | €1,750 | -€1,692 | -49.2% |
| Taxes, remuneration and social security | 45 | €8,670 | €21,231 | +€12,561 | +145% |
| Taxes | 450/3 | €8,670 | €21,231 | +€12,561 | +145% |
| Other amounts payable | 47/48 | - | €5,760 | +€5,760 | |
| Goods, raw materials, services and sundry goods | 60/61 | €249,802 | €297,282 | +€47,480 | +19.0% |
| Remuneration, social security and pensions | 62 | €1,097 | €1,308 | +€212 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,384 | €6,889 | +€1,505 | +27.9% |
| Other operating charges | 640/8 | €113 | €153 | +€40 | +35.4% |
| Gross operating margin | 9900 | €33,492 | €45,437 | +€11,945 | +35.7% |
| Operating profit (loss) | 9901 | €26,898 | €37,086 | +€10,188 | +37.9% |
| Financial income | 75/76B | €899 | €1 | -€899 | -99.9% |
| Recurring financial income | 75 | €899 | €1 | -€899 | -99.9% |
| Financial charges | 65/66B | €1,497 | €1,624 | +€127 | +8.5% |
| Recurring financial charges | 65 | €1,497 | €1,624 | +€127 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €26,300 | €35,463 | +€9,163 | +34.8% |
| Income taxes | 67/77 | €5,556 | €7,205 | +€1,648 | +29.7% |
| Profit (loss) for the period | 9904 | €20,744 | €28,258 | +€7,514 | +36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,744 | €28,258 | +€7,514 | +36.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.