Pat Trans: 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 Trans
Largest movements
- Tangible fixed assets -€137,202
down €137,202 (-53.7%), from €255,518 to €118,316
of which Furniture and vehicles: -€80,808
- Cash +€62,002
up €62,002 (+115%), from €53,741 to €115,743
mainly Depreciation (+€128,794) and Net result for the year (+€50,754)
- Receivables within one year -€33,049
down €33,049 (-15.1%), from €218,609 to €185,560
of which Trade receivables: -€26,115
- Current portion of long-term debt -€81,061
down €81,061 (-56.8%), from €142,808 to €61,747
- Debts after one year -€59,743
down €59,743 (-80.4%), from €74,276 to €14,533
- Reserves +€35,000
up €35,000 (+15.8%), from €221,855 to €256,855
- Trade debts -€19,604
down €19,604 (-29.2%), from €67,136 to €47,532
- Profit (loss) carried forward +€15,754
up €15,754 (+38.6%), from €40,816 to €56,569
- Gross operating margin -€38,280
down €38,280 (-9.8%), from €389,861 to €351,581
- Taxes -€15,102
down €15,102 (-39.5%), from €38,197 to €23,095
- Other operating charges +€10,073
up €10,073 (+201%), from €5,009 to €15,082
- Depreciation +€4,918
up €4,918 (+4.0%), from €123,876 to €128,794
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 | €601,869 | €493,619 | -€108,249 | -18.0% |
| Fixed assets | 21/28 | €329,518 | €192,316 | -€137,202 | -41.6% |
| Tangible fixed assets | 22/27 | €255,518 | €118,316 | -€137,202 | -53.7% |
| Furniture and vehicles | 24 | €129,278 | €48,470 | -€80,808 | -62.5% |
| Leasing and similar rights | 25 | €103,391 | €46,998 | -€56,394 | -54.5% |
| Other tangible fixed assets | 26 | €22,849 | €22,849 | = | 0.0% |
| Financial fixed assets | 28 | €74,000 | €74,000 | = | 0.0% |
| Current assets | 29/58 | €272,351 | €301,304 | +€28,953 | +10.6% |
| Amounts receivable within one year | 40/41 | €218,609 | €185,560 | -€33,049 | -15.1% |
| Trade receivables | 40 | €200,025 | €173,910 | -€26,115 | -13.1% |
| Other amounts receivable | 41 | €18,585 | €11,650 | -€6,934 | -37.3% |
| Cash at bank and in hand | 54/58 | €53,741 | €115,743 | +€62,002 | +115% |
| Total equity and liabilities | 10/49 | €601,869 | €493,619 | -€108,249 | -18.0% |
| Equity | 10/15 | €275,071 | €325,824 | +€50,754 | +18.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €221,855 | €256,855 | +€35,000 | +15.8% |
| Distributable reserves | 133 | €221,855 | €256,855 | +€35,000 | +15.8% |
| Profit (loss) carried forward | 14 | €40,816 | €56,569 | +€15,754 | +38.6% |
| Amounts payable | 17/49 | €326,798 | €167,795 | -€159,003 | -48.7% |
| Amounts payable after more than one year | 17 | €74,276 | €14,533 | -€59,743 | -80.4% |
| Financial debts | 170/4 | €74,276 | €14,533 | -€59,743 | -80.4% |
| Amounts payable within one year | 42/48 | €252,522 | €153,262 | -€99,260 | -39.3% |
| Current portion of amounts payable after more than one year | 42 | €142,808 | €61,747 | -€81,061 | -56.8% |
| Financial debts | 43 | €10,127 | €9,676 | -€451 | -4.5% |
| Credit institutions | 430/8 | €10,127 | €9,676 | -€451 | -4.5% |
| Trade debts | 44 | €67,136 | €47,532 | -€19,604 | -29.2% |
| Suppliers | 440/4 | €67,136 | €47,532 | -€19,604 | -29.2% |
| Taxes, remuneration and social security | 45 | €32,452 | €34,307 | +€1,856 | +5.7% |
| Taxes | 450/3 | €25,495 | €19,061 | -€6,434 | -25.2% |
| Remuneration and social security | 454/9 | €6,956 | €15,246 | +€8,290 | +119% |
| Remuneration, social security and pensions | 62 | €129,164 | €126,467 | -€2,697 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,876 | €128,794 | +€4,918 | +4.0% |
| Other operating charges | 640/8 | €5,009 | €15,082 | +€10,073 | +201% |
| Gross operating margin | 9900 | €389,861 | €351,581 | -€38,280 | -9.8% |
| Operating profit (loss) | 9901 | €131,813 | €81,238 | -€50,575 | -38.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €9,699 | €7,389 | -€2,310 | -23.8% |
| Recurring financial charges | 65 | €9,699 | €7,389 | -€2,310 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €122,114 | €73,848 | -€48,265 | -39.5% |
| Income taxes | 67/77 | €38,197 | €23,095 | -€15,102 | -39.5% |
| Profit (loss) for the period | 9904 | €83,917 | €50,754 | -€33,163 | -39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €83,917 | €50,754 | -€33,163 | -39.5% |
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 17 October 2026 via checked.be.