PAT@WORK: what changed
Two fiscal 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@WORK
Largest movements
- Tangible fixed assets -€12,954
down €12,954 (-12.3%), from €105,170 to €92,216
of which Land and buildings: -€12,954
- Cash -€5,544
down €5,544 (-16.9%), from €32,875 to €27,331
mainly Debts after one year (-€17,029) and Net result for the year (-€5,583)
- Receivables within one year -€4,307
down €4,307 (-61.7%), from €6,986 to €2,679
of which Trade receivables: -€6,050
- Debts after one year -€17,029
down €17,029 (-19.6%), from €86,685 to €69,656
- Reserves -€5,583
down €5,583 (-17.4%), from €32,145 to €26,562
of which Distributable reserves: -€5,583
- Other debts -€2,657
down €2,657 (-100.0%), from €2,657 to €0
- Advances received +€1,779
new in 2025: €1,779
- Gross operating margin +€17,760
up €17,760 (+658.4%), from €2,698 to €20,458
- Other operating charges +€6,725
up €6,725 (+1207.5%), from €557 to €7,282
- Financial charges +€1,385
up €1,385 (+30.6%), from €4,522 to €5,908
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.
Cash bridge derived
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 | €146,265 | €122,226 | -€24,039 | -16.4% |
| Fixed assets | 21/28 | €105,170 | €92,216 | -€12,954 | -12.3% |
| Tangible fixed assets | 22/27 | €105,170 | €92,216 | -€12,954 | -12.3% |
| Land and buildings | 22 | €105,170 | €92,216 | -€12,954 | -12.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €41,095 | €30,010 | -€11,085 | -27.0% |
| Amounts receivable within one year | 40/41 | €6,986 | €2,679 | -€4,307 | -61.7% |
| Trade receivables | 40 | €6,050 | €0 | -€6,050 | -100.0% |
| Other amounts receivable | 41 | €936 | €2,679 | +€1,743 | +186.2% |
| Cash at bank and in hand | 54/58 | €32,875 | €27,331 | -€5,544 | -16.9% |
| Deferred charges and accrued income | 490/1 | €1,234 | €0 | -€1,234 | -100.0% |
| Total equity and liabilities | 10/49 | €146,265 | €122,226 | -€24,039 | -16.4% |
| Equity | 10/15 | €38,345 | €32,762 | -€5,583 | -14.6% |
| 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 | €32,145 | €26,562 | -€5,583 | -17.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,285 | €24,702 | -€5,583 | -18.4% |
| Amounts payable | 17/49 | €107,921 | €89,464 | -€18,457 | -17.1% |
| Amounts payable after more than one year | 17 | €86,685 | €69,656 | -€17,029 | -19.6% |
| Financial debts | 170/4 | €86,685 | €69,656 | -€17,029 | -19.6% |
| Amounts payable within one year | 42/48 | €21,235 | €19,808 | -€1,427 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €16,419 | €17,029 | +€610 | +3.7% |
| Trade debts | 44 | €659 | €0 | -€659 | -100.0% |
| Suppliers | 440/4 | €659 | €0 | -€659 | -100.0% |
| Advances received on contracts in progress | 46 | - | €1,779 | +€1,779 | |
| Taxes, remuneration and social security | 45 | €1,500 | €1,000 | -€500 | -33.3% |
| Taxes | 450/3 | €1,500 | €0 | -€1,500 | -100.0% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €2,657 | €0 | -€2,657 | -100.0% |
| Non-recurring operating income | 76A | - | €844 | +€844 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,954 | €12,954 | = | 0.0% |
| Other operating charges | 640/8 | €557 | €7,282 | +€6,725 | +1207.5% |
| Non-recurring operating charges | 66A | -€422 | -€184 | +€238 | +56.4% |
| Gross operating margin | 9900 | €2,698 | €20,458 | +€17,760 | +658.4% |
| Operating profit (loss) | 9901 | -€10,392 | €405 | +€10,797 | |
| Financial charges | 65/66B | €4,522 | €5,908 | +€1,385 | +30.6% |
| Recurring financial charges | 65 | €4,522 | €5,908 | +€1,385 | +30.6% |
| Profit (loss) for the period before taxes | 9903 | -€14,914 | -€5,502 | +€9,412 | +63.1% |
| Income taxes | 67/77 | - | €81 | +€81 | |
| Profit (loss) for the period | 9904 | -€14,914 | -€5,583 | +€9,331 | +62.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,914 | -€5,583 | +€9,331 | +62.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.