PATAX: 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.
PATAX
Largest movements
- Tangible fixed assets -€9,886
down €9,886 (-24.5%), from €40,334 to €30,448
- Receivables within one year +€9,256
up €9,256 (+49.8%), from €18,570 to €27,826
of which Trade receivables: +€14,231
- Cash -€1,650
down €1,650 (-51.6%), from €3,200 to €1,550
mainly Receivables within one year (-€9,256) and Debts after one year (-€6,085)
- Other debts +€10,804
up €10,804 (+62.2%), from €17,383 to €28,187
- Debts after one year -€6,085
no longer reported in 2025 (was €6,085)
- Tax, wage and social debts -€4,144
down €4,144 (-52.9%), from €7,835 to €3,691
of which Remuneration and social security: -€2,291
- Profit (loss) carried forward -€3,756
down €3,756, from €2,029 to -€1,727
- Trade debts +€3,623
up €3,623 (+9,164%), from €40 to €3,663
- Gross operating margin -€9,120
down €9,120 (-46.6%), from €19,579 to €10,459
- Depreciation -€3,737
down €3,737 (-27.4%), from €13,623 to €9,886
- Taxes +€1,215
up €1,215, from -€7 to €1,208
- Other operating charges -€413
down €413 (-28.7%), from €1,442 to €1,029
- Financial charges -€244
down €244 (-10.0%), from €2,437 to €2,192
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.
Derived cash bridge
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 | €62,622 | €60,359 | -€2,263 | -3.6% |
| Fixed assets | 21/28 | €40,334 | €30,448 | -€9,886 | -24.5% |
| Tangible fixed assets | 22/27 | €40,334 | €30,448 | -€9,886 | -24.5% |
| Furniture and vehicles | 24 | €40,334 | €30,448 | -€9,886 | -24.5% |
| Current assets | 29/58 | €22,288 | €29,911 | +€7,623 | +34.2% |
| Amounts receivable within one year | 40/41 | €18,570 | €27,826 | +€9,256 | +49.8% |
| Trade receivables | 40 | €13,470 | €27,701 | +€14,231 | +106% |
| Other amounts receivable | 41 | €5,100 | €125 | -€4,975 | -97.6% |
| Cash at bank and in hand | 54/58 | €3,200 | €1,550 | -€1,650 | -51.6% |
| Deferred charges and accrued income | 490/1 | €517 | €535 | +€18 | +3.4% |
| Total equity and liabilities | 10/49 | €62,622 | €60,359 | -€2,263 | -3.6% |
| Equity | 10/15 | €22,489 | €18,733 | -€3,756 | -16.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,029 | -€1,727 | -€3,756 | |
| Amounts payable | 17/49 | €40,133 | €41,626 | +€1,493 | +3.7% |
| Amounts payable after more than one year | 17 | €6,085 | - | -€6,085 | |
| Financial debts | 170/4 | €6,085 | - | -€6,085 | |
| Amounts payable within one year | 42/48 | €34,048 | €41,626 | +€7,577 | +22.3% |
| Current portion of amounts payable after more than one year | 42 | €8,791 | €6,085 | -€2,706 | -30.8% |
| Trade debts | 44 | €40 | €3,663 | +€3,623 | +9,164% |
| Suppliers | 440/4 | €40 | €3,663 | +€3,623 | +9,164% |
| Taxes, remuneration and social security | 45 | €7,835 | €3,691 | -€4,144 | -52.9% |
| Taxes | 450/3 | €5,544 | €3,691 | -€1,853 | -33.4% |
| Remuneration and social security | 454/9 | €2,291 | - | -€2,291 | |
| Other amounts payable | 47/48 | €17,383 | €28,187 | +€10,804 | +62.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,623 | €9,886 | -€3,737 | -27.4% |
| Other operating charges | 640/8 | €1,442 | €1,029 | -€413 | -28.7% |
| Non-recurring operating charges | 66A | €55 | - | -€55 | |
| Gross operating margin | 9900 | €19,579 | €10,459 | -€9,120 | -46.6% |
| Operating profit (loss) | 9901 | €4,458 | -€457 | -€4,915 | |
| Financial income | 75/76B | €1 | €101 | +€100 | +11,670% |
| Recurring financial income | 75 | €1 | €101 | +€100 | +11,670% |
| Financial charges | 65/66B | €2,437 | €2,192 | -€244 | -10.0% |
| Recurring financial charges | 65 | €2,437 | €2,192 | -€244 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €2,022 | -€2,548 | -€4,570 | |
| Income taxes | 67/77 | -€7 | €1,208 | +€1,215 | |
| Profit (loss) for the period | 9904 | €2,029 | -€3,756 | -€5,785 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,029 | -€3,756 | -€5,785 |
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 14 October 2026 via checked.be.