Pat-Nutrition: 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-Nutrition
Largest movements
- Stocks and contracts -€99,830
down €99,830 (-40.7%), from €245,445 to €145,615
- Receivables within one year -€71,537
down €71,537 (-22.5%), from €318,292 to €246,754
of which Trade receivables: -€64,303
- Cash -€59,583
down €59,583 (-63.3%), from €94,064 to €34,480
mainly Net result for the year (-€358,825) and Investment in fixed assets (net) (-€66,548)
- Tangible fixed assets +€30,325
up €30,325 (+32.1%), from €94,327 to €124,652
of which Plant, machinery and equipment: +€56,334
- Profit (loss) carried forward -€358,825
down €358,825 (-49.6%), from -€723,291 to -€1.1m
- Other debts +€152,043
up €152,043 (+10.8%), from €1.4m to €1.6m
- Gross operating margin -€118,602
down €118,602 (-206%), from -€57,471 to -€176,073
- Other operating charges -€101,866
down €101,866 (-83.5%), from €121,932 to €20,066
- Staff costs +€17,639
up €17,639 (+17.2%), from €102,311 to €119,950
- Depreciation +€5,158
up €5,158 (+17.0%), from €30,359 to €35,516
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 | €761,104 | €562,728 | -€198,376 | -26.1% |
| Fixed assets | 21/28 | €99,314 | €130,345 | +€31,031 | +31.2% |
| Intangible fixed assets | 21 | €3,687 | €4,393 | +€706 | +19.2% |
| Tangible fixed assets | 22/27 | €94,327 | €124,652 | +€30,325 | +32.1% |
| Plant, machinery and equipment | 23 | €8,926 | €65,260 | +€56,334 | +631% |
| Furniture and vehicles | 24 | €85,401 | €59,392 | -€26,009 | -30.5% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €661,790 | €432,383 | -€229,407 | -34.7% |
| Stocks and contracts in progress | 3 | €245,445 | €145,615 | -€99,830 | -40.7% |
| Stocks | 30/36 | €245,445 | €145,615 | -€99,830 | -40.7% |
| Amounts receivable within one year | 40/41 | €318,292 | €246,754 | -€71,537 | -22.5% |
| Trade receivables | 40 | €309,617 | €245,315 | -€64,303 | -20.8% |
| Other amounts receivable | 41 | €8,674 | €1,440 | -€7,234 | -83.4% |
| Cash at bank and in hand | 54/58 | €94,064 | €34,480 | -€59,583 | -63.3% |
| Deferred charges and accrued income | 490/1 | €3,989 | €5,533 | +€1,543 | +38.7% |
| Total equity and liabilities | 10/49 | €761,104 | €562,728 | -€198,376 | -26.1% |
| Equity | 10/15 | -€673,291 | -€1,032,115 | -€358,825 | -53.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€723,291 | -€1,082,115 | -€358,825 | -49.6% |
| Amounts payable | 17/49 | €1,434,394 | €1,594,843 | +€160,449 | +11.2% |
| Amounts payable within one year | 42/48 | €1,434,394 | €1,594,843 | +€160,449 | +11.2% |
| Trade debts | 44 | €11,383 | €17,895 | +€6,512 | +57.2% |
| Suppliers | 440/4 | €11,383 | €17,895 | +€6,512 | +57.2% |
| Taxes, remuneration and social security | 45 | €12,893 | €14,787 | +€1,894 | +14.7% |
| Taxes | 450/3 | €635 | €1,051 | +€416 | +65.5% |
| Remuneration and social security | 454/9 | €12,258 | €13,736 | +€1,478 | +12.1% |
| Other amounts payable | 47/48 | €1,410,118 | €1,562,161 | +€152,043 | +10.8% |
| Remuneration, social security and pensions | 62 | €102,311 | €119,950 | +€17,639 | +17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,359 | €35,516 | +€5,158 | +17.0% |
| Other operating charges | 640/8 | €121,932 | €20,066 | -€101,866 | -83.5% |
| Gross operating margin | 9900 | -€57,471 | -€176,073 | -€118,602 | -206% |
| Operating profit (loss) | 9901 | -€312,073 | -€351,606 | -€39,532 | -12.7% |
| Financial income | 75/76B | €76 | €0 | -€76 | -100% |
| Recurring financial income | 75 | €76 | €0 | -€76 | -100% |
| Financial charges | 65/66B | €5,959 | €6,852 | +€892 | +15.0% |
| Recurring financial charges | 65 | €5,959 | €6,852 | +€892 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | -€317,957 | -€358,457 | -€40,500 | -12.7% |
| Income taxes | 67/77 | €367 | €368 | +€0 | 0.0% |
| Profit (loss) for the period | 9904 | -€318,324 | -€358,825 | -€40,500 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€318,324 | -€358,825 | -€40,500 | -12.7% |
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 1 November 2026 via checked.be.