PAT & Partners: 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 & Partners
Largest movements
- Tangible fixed assets +€19,708
up €19,708 (+6,595%), from €299 to €20,006
- Cash +€11,653
up €11,653 (+294%), from €3,958 to €15,610
mainly Net result for the year (+€33,793) and Tax, wage and social debts (+€4,711)
- Current investments +€10,323
up €10,323 (+502%), from €2,056 to €12,379
- Deferred charges and accrued income -€3,564
down €3,564 (-100%), from €3,564 to €0
- Receivables within one year +€931
up €931 (+29.9%), from €3,111 to €4,043
of which Other amounts receivable: +€931
- Reserves +€33,793
up €33,793 (+601%), from €5,625 to €39,417
of which Distributable reserves: +€33,793
- Tax, wage and social debts +€4,711
up €4,711 (+283%), from €1,666 to €6,377
- Trade debts +€548
up €548 (+110%), from €497 to €1,045
- Gross operating margin +€66,311
up €66,311, from -€25,024 to €41,287
- Depreciation +€3,642
up €3,642 (+554%), from €658 to €4,300
- Taxes +€1,240
up €1,240 (+477%), from €260 to €1,500
- Other operating charges +€826
up €826 (+105%), from €789 to €1,615
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 | €13,987 | €53,039 | +€39,051 | +279% |
| Fixed assets | 21/28 | €1,299 | €21,006 | +€19,708 | +1,517% |
| Tangible fixed assets | 22/27 | €299 | €20,006 | +€19,708 | +6,595% |
| Furniture and vehicles | 24 | €299 | €20,006 | +€19,708 | +6,595% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €12,688 | €32,032 | +€19,344 | +152% |
| Amounts receivable within one year | 40/41 | €3,111 | €4,043 | +€931 | +29.9% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €3,111 | €4,043 | +€931 | +29.9% |
| Current investments | 50/53 | €2,056 | €12,379 | +€10,323 | +502% |
| Cash at bank and in hand | 54/58 | €3,958 | €15,610 | +€11,653 | +294% |
| Deferred charges and accrued income | 490/1 | €3,564 | €0 | -€3,564 | -100% |
| Total equity and liabilities | 10/49 | €13,987 | €53,039 | +€39,051 | +279% |
| Equity | 10/15 | €11,825 | €45,617 | +€33,793 | +286% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €5,625 | €39,417 | +€33,793 | +601% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,765 | €37,557 | +€33,793 | +898% |
| Amounts payable | 17/49 | €2,163 | €7,421 | +€5,259 | +243% |
| Amounts payable within one year | 42/48 | €2,163 | €7,421 | +€5,259 | +243% |
| Trade debts | 44 | €497 | €1,045 | +€548 | +110% |
| Suppliers | 440/4 | €497 | €1,045 | +€548 | +110% |
| Taxes, remuneration and social security | 45 | €1,666 | €6,377 | +€4,711 | +283% |
| Taxes | 450/3 | €1,666 | €6,377 | +€4,711 | +283% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Non-recurring operating income | 76A | - | €11,078 | +€11,078 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €658 | €4,300 | +€3,642 | +554% |
| Other operating charges | 640/8 | €789 | €1,615 | +€826 | +105% |
| Gross operating margin | 9900 | -€25,024 | €41,287 | +€66,311 | |
| Operating profit (loss) | 9901 | -€26,471 | €35,372 | +€61,843 | |
| Financial income | 75/76B | €101 | - | -€101 | |
| Recurring financial income | 75 | €101 | - | -€101 | |
| Financial charges | 65/66B | €64 | €79 | +€15 | +24.2% |
| Recurring financial charges | 65 | €64 | €79 | +€15 | +24.2% |
| Profit (loss) for the period before taxes | 9903 | -€26,434 | €35,293 | +€61,726 | |
| Income taxes | 67/77 | €260 | €1,500 | +€1,240 | +477% |
| Profit (loss) for the period | 9904 | -€26,693 | €33,793 | +€60,486 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,693 | €33,793 | +€60,486 |
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 23 October 2026 via checked.be.