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PATAT: 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.

What changed

PATAT

BE 0732.538.951
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€88,268
2023 · -€6,362+€94,630
Equity
-€153,985
2023 · -€242,253+€88,268
Cash
€27,176
2023 · €175,822-€148,646
Balance sheet total
€8.7m
2023 · €9.0m-€274,385

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€207,327

    down €207,327 (-23.9%), from €866,919 to €659,591

    of which Trade receivables: -€209,871

  • Cash -€148,646

    down €148,646 (-84.5%), from €175,822 to €27,176

    mainly Debts after one year (-€391,929) and Investment in fixed assets (net) (-€371,477)

Equity and liabilities
  • Debts after one year -€391,929

    down €391,929 (-4.6%), from €8.6m to €8.2m

Income statement
  • Gross operating margin +€141,009

    up €141,009 (+25.1%), from €561,568 to €702,577

  • Depreciation +€52,280

    up €52,280 (+22.0%), from €237,821 to €290,101

  • Financial charges -€8,314

    down €8,314 (-2.8%), from €293,786 to €285,472

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€6,362
Gross operating margin +€141,009
Depreciation -€52,280
Other operating charges -€2,438
Financial income +€25
Financial charges +€8,314
Result 2024 €88,268

Cash bridge derived

cash 2023 to 2024

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.

From operations +€603,256
Investment -€371,477
Financing -€380,424
Cash 2023 €175,822
Net result for the year +€88,268
Depreciation +€290,101
Receivables within one year +€207,327
Smaller working-capital items -€107
Trade debts +€11,471
Accrued charges and deferred income +€6,196
Investment in fixed assets (net) -€371,477
Debts after one year -€391,929
Current portion of long-term debt +€11,505
Cash 2024 €27,176
Every line side by side 38 lines
Line Code 2023 2024 Change %
Total assets 20/58 €8,952,884 €8,678,500 -€274,385 -3.1%
Fixed assets 21/28 €7,896,719 €7,978,095 +€81,376 +1.0%
Tangible fixed assets 22/27 €7,896,719 €7,978,095 +€81,376 +1.0%
Land and buildings 22 €7,871,284 €7,964,231 +€92,947 +1.2%
Plant, machinery and equipment 23 €25,435 €13,864 -€11,571 -45.5%
Current assets 29/58 €1,056,166 €700,405 -€355,761 -33.7%
Amounts receivable within one year 40/41 €866,919 €659,591 -€207,327 -23.9%
Trade receivables 40 €612,503 €402,631 -€209,871 -34.3%
Other amounts receivable 41 €254,416 €256,960 +€2,544 +1.0%
Cash at bank and in hand 54/58 €175,822 €27,176 -€148,646 -84.5%
Deferred charges and accrued income 490/1 €13,425 €13,638 +€213 +1.6%
Total equity and liabilities 10/49 €8,952,884 €8,678,500 -€274,385 -3.1%
Equity 10/15 -€242,253 -€153,985 +€88,268 +36.4%
Contributions 10/11 €210,000 €210,000 = 0.0%
Profit (loss) carried forward 14 -€452,253 -€363,985 +€88,268 +19.5%
Amounts payable 17/49 €9,195,137 €8,832,485 -€362,652 -3.9%
Amounts payable after more than one year 17 €8,556,943 €8,165,014 -€391,929 -4.6%
Financial debts 170/4 €8,556,943 €8,165,014 -€391,929 -4.6%
Amounts payable within one year 42/48 €548,360 €571,440 +€23,081 +4.2%
Current portion of amounts payable after more than one year 42 €459,794 €471,298 +€11,505 +2.5%
Trade debts 44 €56,618 €68,088 +€11,471 +20.3%
Suppliers 440/4 €56,618 €68,088 +€11,471 +20.3%
Taxes, remuneration and social security 45 €30,386 €30,460 +€74 +0.2%
Taxes 450/3 €30,386 €30,460 +€74 +0.2%
Other amounts payable 47/48 €1,562 €1,594 +€31 +2.0%
Accrued charges and deferred income 492/3 €89,834 €96,030 +€6,196 +6.9%
Non-recurring operating income 76A - €156 +€156
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €237,821 €290,101 +€52,280 +22.0%
Other operating charges 640/8 €38,868 €41,306 +€2,438 +6.3%
Gross operating margin 9900 €561,568 €702,577 +€141,009 +25.1%
Operating profit (loss) 9901 €284,879 €371,170 +€86,291 +30.3%
Financial income 75/76B €2,544 €2,570 +€25 +1.0%
Recurring financial income 75 €2,544 €2,570 +€25 +1.0%
Financial charges 65/66B €293,786 €285,472 -€8,314 -2.8%
Recurring financial charges 65 €293,786 €285,472 -€8,314 -2.8%
Profit (loss) for the period before taxes 9903 -€6,362 €88,268 +€94,630
Profit (loss) for the period 9904 -€6,362 €88,268 +€94,630
Profit (loss) for the period to be appropriated 9905 -€6,362 €88,268 +€94,630

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 29 September 2026 via checked.be.