@Patat: 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.
@Patat
Largest movements
- Tangible fixed assets +€98,667
up €98,667 (+94.4%), from €104,515 to €203,182
of which Furniture and vehicles: +€99,593
- Cash -€26,855
down €26,855 (-26.6%), from €100,974 to €74,119
mainly Investment in fixed assets (net) (-€124,985) and Contributions, distributions and other (-€35,000)
- Receivables within one year +€11,481
up €11,481 (+28.5%), from €40,294 to €51,775
of which Trade receivables: +€41,704
- Stocks and contracts -€7,801
down €7,801 (-48.2%), from €16,184 to €8,383
- Receivables after one year -€5,000
down €5,000 (-100.0%), from €5,000 to €0
- Reserves +€57,175
up €57,175 (+32.7%), from €175,038 to €232,213
- Trade debts +€8,787
up €8,787 (+56.9%), from €15,447 to €24,234
- Current portion of long-term debt +€5,878
up €5,878 (+51.0%), from €11,518 to €17,397
- Staff costs -€84,350
down €84,350 (-70.6%), from €119,491 to €35,141
- Gross operating margin -€36,348
down €36,348 (-15.8%), from €230,100 to €193,752
- Depreciation +€8,423
up €8,423 (+48.4%), from €17,395 to €25,818
- Taxes +€7,787
up €7,787 (+37.6%), from €20,734 to €28,521
- Other operating charges -€7,622
down €7,622 (-55.2%), from €13,804 to €6,182
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 | €271,662 | €346,160 | +€74,498 | +27.4% |
| Fixed assets | 21/28 | €104,515 | €203,682 | +€99,167 | +94.9% |
| Tangible fixed assets | 22/27 | €104,515 | €203,182 | +€98,667 | +94.4% |
| Land and buildings | 22 | €12,960 | €12,960 | = | 0.0% |
| Plant, machinery and equipment | 23 | €37,280 | €36,354 | -€926 | -2.5% |
| Furniture and vehicles | 24 | €54,275 | €153,867 | +€99,593 | +183.5% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €167,147 | €142,477 | -€24,669 | -14.8% |
| Amounts receivable after more than one year | 29 | €5,000 | €0 | -€5,000 | -100.0% |
| Trade receivables | 290 | €5,000 | €0 | -€5,000 | -100.0% |
| Stocks and contracts in progress | 3 | €16,184 | €8,383 | -€7,801 | -48.2% |
| Stocks | 30/36 | €16,184 | €8,383 | -€7,801 | -48.2% |
| Amounts receivable within one year | 40/41 | €40,294 | €51,775 | +€11,481 | +28.5% |
| Trade receivables | 40 | €7,942 | €49,646 | +€41,704 | +525.1% |
| Other amounts receivable | 41 | €32,352 | €2,129 | -€30,223 | -93.4% |
| Cash at bank and in hand | 54/58 | €100,974 | €74,119 | -€26,855 | -26.6% |
| Deferred charges and accrued income | 490/1 | €4,695 | €8,200 | +€3,505 | +74.7% |
| Total equity and liabilities | 10/49 | €271,662 | €346,160 | +€74,498 | +27.4% |
| Equity | 10/15 | €193,588 | €250,763 | +€57,175 | +29.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €175,038 | €232,213 | +€57,175 | +32.7% |
| Distributable reserves | 133 | €175,038 | €232,213 | +€57,175 | +32.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €78,074 | €95,396 | +€17,322 | +22.2% |
| Amounts payable after more than one year | 17 | €38,919 | €39,860 | +€941 | +2.4% |
| Financial debts | 170/4 | €38,919 | €39,860 | +€941 | +2.4% |
| Amounts payable within one year | 42/48 | €39,155 | €55,536 | +€16,381 | +41.8% |
| Current portion of amounts payable after more than one year | 42 | €11,518 | €17,397 | +€5,878 | +51.0% |
| Trade debts | 44 | €15,447 | €24,234 | +€8,787 | +56.9% |
| Suppliers | 440/4 | €15,447 | €24,234 | +€8,787 | +56.9% |
| Taxes, remuneration and social security | 45 | €12,190 | €12,159 | -€30 | -0.2% |
| Taxes | 450/3 | €1,734 | €7,956 | +€6,222 | +358.9% |
| Remuneration and social security | 454/9 | €10,456 | €4,203 | -€6,253 | -59.8% |
| Other amounts payable | 47/48 | €0 | €1,746 | +€1,746 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €119,491 | €35,141 | -€84,350 | -70.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,395 | €25,818 | +€8,423 | +48.4% |
| Other operating charges | 640/8 | €13,804 | €6,182 | -€7,622 | -55.2% |
| Gross operating margin | 9900 | €230,100 | €193,752 | -€36,348 | -15.8% |
| Operating profit (loss) | 9901 | €79,410 | €126,611 | +€47,201 | +59.4% |
| Financial income | 75/76B | €2,185 | €1,422 | -€763 | -34.9% |
| Recurring financial income | 75 | €2,185 | €1,422 | -€763 | -34.9% |
| Financial charges | 65/66B | €5,303 | €7,337 | +€2,033 | +38.3% |
| Recurring financial charges | 65 | €5,303 | €7,337 | +€2,033 | +38.3% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €76,291 | €120,696 | +€44,405 | +58.2% |
| Income taxes | 67/77 | €20,734 | €28,521 | +€7,787 | +37.6% |
| Profit (loss) for the period | 9904 | €55,557 | €92,175 | +€36,618 | +65.9% |
| Profit (loss) for the period to be appropriated | 9905 | €55,557 | €92,175 | +€36,618 | +65.9% |
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 10 October 2026 via checked.be.