Patana: 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.
Patana
Largest movements
- Tangible fixed assets -€32,617
down €32,617 (-8.4%), from €389,399 to €356,782
- Receivables within one year -€20,361
down €20,361 (-74.4%), from €27,367 to €7,006
of which Trade receivables: -€22,877
- Cash +€19,504
up €19,504 (+31.4%), from €62,057 to €81,561
mainly Net result for the year (+€34,268) and Depreciation (+€33,542)
- Debts after one year -€33,000
down €33,000 (-10.8%), from €304,840 to €271,840
- Reserves +€16,212
up €16,212 (+16.4%), from €98,701 to €114,912
of which Distributable reserves: +€16,212
- Trade debts -€7,316
down €7,316 (-32.7%), from €22,377 to €15,060
- Tax, wage and social debts -€6,036
down €6,036 (-54.6%), from €11,049 to €5,013
of which Remuneration and social security: -€3,434
- Staff costs -€35,612
down €35,612 (-41.7%), from €85,479 to €49,867
- Gross operating margin -€15,939
down €15,939 (-10.0%), from €158,935 to €142,996
- Depreciation +€6,187
up €6,187 (+22.6%), from €27,355 to €33,542
- Taxes +€5,183
up €5,183 (+55.7%), from €9,305 to €14,488
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.
Cash bridge derived
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 | €483,250 | €450,883 | -€32,367 | -6.7% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €389,399 | €356,782 | -€32,617 | -8.4% |
| Tangible fixed assets | 22/27 | €389,399 | €356,782 | -€32,617 | -8.4% |
| Land and buildings | 22 | €298,014 | €287,300 | -€10,714 | -3.6% |
| Plant, machinery and equipment | 23 | €61,944 | €47,526 | -€14,418 | -23.3% |
| Furniture and vehicles | 24 | €29,441 | €21,956 | -€7,485 | -25.4% |
| Current assets | 29/58 | €93,851 | €94,101 | +€250 | +0.3% |
| Stocks and contracts in progress | 3 | €4,427 | €5,101 | +€674 | +15.2% |
| Stocks | 30/36 | €4,427 | €5,101 | +€674 | +15.2% |
| Amounts receivable within one year | 40/41 | €27,367 | €7,006 | -€20,361 | -74.4% |
| Trade receivables | 40 | €25,065 | €2,189 | -€22,877 | -91.3% |
| Other amounts receivable | 41 | €2,302 | €4,817 | +€2,516 | +109.3% |
| Cash at bank and in hand | 54/58 | €62,057 | €81,561 | +€19,504 | +31.4% |
| Deferred charges and accrued income | 490/1 | - | €433 | +€433 | |
| Total equity and liabilities | 10/49 | €483,250 | €450,883 | -€32,367 | -6.7% |
| Equity | 10/15 | €106,701 | €122,912 | +€16,212 | +15.2% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €98,701 | €114,912 | +€16,212 | +16.4% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €96,846 | €113,057 | +€16,212 | +16.7% |
| Amounts payable | 17/49 | €376,549 | €327,970 | -€48,579 | -12.9% |
| Amounts payable after more than one year | 17 | €304,840 | €271,840 | -€33,000 | -10.8% |
| Financial debts | 170/4 | €304,840 | €271,840 | -€33,000 | -10.8% |
| Amounts payable within one year | 42/48 | €71,324 | €56,130 | -€15,195 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €32,199 | €33,000 | +€802 | +2.5% |
| Trade debts | 44 | €22,377 | €15,060 | -€7,316 | -32.7% |
| Suppliers | 440/4 | €22,377 | €15,060 | -€7,316 | -32.7% |
| Taxes, remuneration and social security | 45 | €11,049 | €5,013 | -€6,036 | -54.6% |
| Taxes | 450/3 | €5,548 | €2,946 | -€2,602 | -46.9% |
| Remuneration and social security | 454/9 | €5,501 | €2,067 | -€3,434 | -62.4% |
| Other amounts payable | 47/48 | €5,700 | €3,057 | -€2,643 | -46.4% |
| Accrued charges and deferred income | 492/3 | €384 | - | -€384 | |
| Remuneration, social security and pensions | 62 | €85,479 | €49,867 | -€35,612 | -41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,355 | €33,542 | +€6,187 | +22.6% |
| Other operating charges | 640/8 | €3,325 | €3,450 | +€125 | +3.7% |
| Gross operating margin | 9900 | €158,935 | €142,996 | -€15,939 | -10.0% |
| Operating profit (loss) | 9901 | €42,776 | €56,137 | +€13,361 | +31.2% |
| Financial income | 75/76B | €103 | €300 | +€197 | +190.9% |
| Recurring financial income | 75 | €103 | €300 | +€197 | +190.9% |
| Financial charges | 65/66B | €7,315 | €7,681 | +€366 | +5.0% |
| Recurring financial charges | 65 | €7,315 | €7,681 | +€366 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €35,564 | €48,756 | +€13,192 | +37.1% |
| Income taxes | 67/77 | €9,305 | €14,488 | +€5,183 | +55.7% |
| Profit (loss) for the period | 9904 | €26,258 | €34,268 | +€8,010 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,258 | €34,268 | +€8,010 | +30.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.