PATAQUES: 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.
PATAQUES
Largest movements
- Financial fixed assets -€254,140
down €254,140 (-84.7%), from €300,000 to €45,860
- Receivables within one year -€20,970
down €20,970 (-71.9%), from €29,174 to €8,203
of which Other amounts receivable: -€25,569
- Tangible fixed assets -€9,313
down €9,313 (-14.3%), from €65,299 to €55,986
of which Plant, machinery and equipment: -€6,719
- Cash +€8,463
up €8,463 (+32.8%), from €25,794 to €34,257
mainly Investment in fixed assets (net) (+€252,062) and Receivables within one year (+€20,970)
- Profit (loss) carried forward -€245,479
new in 2025: -€245,479
- Debts after one year -€39,191
down €39,191 (-27.7%), from €141,393 to €102,202
- Other debts +€16,697
up €16,697 (+14.0%), from €119,145 to €135,842
- Tax, wage and social debts -€10,936
down €10,936 (-48.5%), from €22,542 to €11,606
of which Remuneration and social security: -€10,527
- Financial charges +€252,544
up €252,544 (+2841.5%), from €8,888 to €261,432
of which Non-recurring financial charges: +€254,140
- Staff costs -€21,569
down €21,569 (-13.0%), from €165,882 to €144,313
- Gross operating margin -€16,319
down €16,319 (-8.5%), from €191,176 to €174,856
- Depreciation -€2,284
down €2,284 (-14.8%), from €15,425 to €13,141
- Taxes +€2,165
up €2,165 (+1043.4%), from €207 to €2,372
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 | €423,769 | €149,306 | -€274,463 | -64.8% |
| Fixed assets | 21/28 | €368,801 | €103,598 | -€265,204 | -71.9% |
| Intangible fixed assets | 21 | €3,502 | €1,751 | -€1,751 | -50.0% |
| Tangible fixed assets | 22/27 | €65,299 | €55,986 | -€9,313 | -14.3% |
| Plant, machinery and equipment | 23 | €27,822 | €21,104 | -€6,719 | -24.1% |
| Furniture and vehicles | 24 | €4,446 | €6,856 | +€2,409 | +54.2% |
| Other tangible fixed assets | 26 | €33,030 | €28,027 | -€5,003 | -15.1% |
| Financial fixed assets | 28 | €300,000 | €45,860 | -€254,140 | -84.7% |
| Current assets | 29/58 | €54,968 | €45,708 | -€9,260 | -16.8% |
| Stocks and contracts in progress | 3 | - | €3,248 | +€3,248 | |
| Stocks | 30/36 | - | €3,248 | +€3,248 | |
| Amounts receivable within one year | 40/41 | €29,174 | €8,203 | -€20,970 | -71.9% |
| Trade receivables | 40 | €254 | €4,853 | +€4,599 | +1810.5% |
| Other amounts receivable | 41 | €28,920 | €3,351 | -€25,569 | -88.4% |
| Cash at bank and in hand | 54/58 | €25,794 | €34,257 | +€8,463 | +32.8% |
| Total equity and liabilities | 10/49 | €423,769 | €149,306 | -€274,463 | -64.8% |
| Equity | 10/15 | €81,272 | -€164,207 | -€245,479 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €78,772 | €78,772 | = | 0.0% |
| Distributable reserves | 133 | €78,772 | €78,772 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€245,479 | -€245,479 | |
| Amounts payable | 17/49 | €342,497 | €313,512 | -€28,984 | -8.5% |
| Amounts payable after more than one year | 17 | €141,393 | €102,202 | -€39,191 | -27.7% |
| Financial debts | 170/4 | €141,393 | €102,202 | -€39,191 | -27.7% |
| Amounts payable within one year | 42/48 | €201,103 | €211,310 | +€10,207 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €37,492 | €39,191 | +€1,699 | +4.5% |
| Trade debts | 44 | €21,925 | €24,671 | +€2,747 | +12.5% |
| Suppliers | 440/4 | €21,925 | €24,671 | +€2,747 | +12.5% |
| Taxes, remuneration and social security | 45 | €22,542 | €11,606 | -€10,936 | -48.5% |
| Taxes | 450/3 | €7,541 | €7,131 | -€410 | -5.4% |
| Remuneration and social security | 454/9 | €15,001 | €4,475 | -€10,527 | -70.2% |
| Other amounts payable | 47/48 | €119,145 | €135,842 | +€16,697 | +14.0% |
| Remuneration, social security and pensions | 62 | €165,882 | €144,313 | -€21,569 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,425 | €13,141 | -€2,284 | -14.8% |
| Other operating charges | 640/8 | €664 | €683 | +€19 | +2.8% |
| Gross operating margin | 9900 | €191,176 | €174,856 | -€16,319 | -8.5% |
| Operating profit (loss) | 9901 | €9,204 | €16,719 | +€7,514 | +81.6% |
| Financial income | 75/76B | €62 | €1,606 | +€1,544 | +2486.4% |
| Recurring financial income | 75 | €62 | €1,606 | +€1,544 | +2486.4% |
| Financial charges | 65/66B | €8,888 | €261,432 | +€252,544 | +2841.5% |
| Recurring financial charges | 65 | €8,888 | €7,292 | -€1,595 | -18.0% |
| Non-recurring financial charges | 66B | - | €254,140 | +€254,140 | |
| Profit (loss) for the period before taxes | 9903 | €379 | -€243,107 | -€243,486 | |
| Income taxes | 67/77 | €207 | €2,372 | +€2,165 | +1043.4% |
| Profit (loss) for the period | 9904 | €171 | -€245,479 | -€245,650 | |
| Profit (loss) for the period to be appropriated | 9905 | €171 | -€245,479 | -€245,650 |
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 5 October 2026 via checked.be.