PATC: 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.
PATC
Largest movements
- Cash +€179,870
up €179,870 (+1889.3%), from €9,521 to €189,390
mainly Other debts (+€98,525) and Stocks and contracts (+€76,008)
- Stocks and contracts -€76,008
down €76,008 (-19.7%), from €385,513 to €309,505
- Receivables within one year -€37,173
down €37,173 (-91.7%), from €40,548 to €3,374
of which Trade receivables: -€36,000
- Other debts +€98,525
up €98,525 (+62.4%), from €157,825 to €256,349
- Trade debts -€35,210
down €35,210 (-95.9%), from €36,708 to €1,498
- Short-term financial debts -€25,512
down €25,512 (-10.4%), from €245,312 to €219,800
- Profit (loss) carried forward +€24,392
up €24,392, from -€13,101 to €11,291
- Gross operating margin +€48,193
up €48,193 (+4247.6%), from €1,135 to €49,327
- Financial charges +€15,131
up €15,131 (+378.2%), from €4,001 to €19,132
- Staff costs -€2,848
no longer reported in 2026 (was €2,848)
- Taxes +€2,824
new in 2026: €2,824
- Depreciation -€2,484
down €2,484 (-55.4%), from €4,484 to €2,000
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €438,286 | €504,033 | +€65,747 | +15.0% |
| Fixed assets | 21/28 | €2,612 | €612 | -€2,000 | -76.6% |
| Tangible fixed assets | 22/27 | €2,612 | €612 | -€2,000 | -76.6% |
| Furniture and vehicles | 24 | €2,612 | €612 | -€2,000 | -76.6% |
| Current assets | 29/58 | €435,674 | €503,421 | +€67,747 | +15.5% |
| Stocks and contracts in progress | 3 | €385,513 | €309,505 | -€76,008 | -19.7% |
| Stocks | 30/36 | €385,513 | €309,505 | -€76,008 | -19.7% |
| Amounts receivable within one year | 40/41 | €40,548 | €3,374 | -€37,173 | -91.7% |
| Trade receivables | 40 | €36,000 | - | -€36,000 | |
| Other amounts receivable | 41 | €4,548 | €3,374 | -€1,173 | -25.8% |
| Cash at bank and in hand | 54/58 | €9,521 | €189,390 | +€179,870 | +1889.3% |
| Deferred charges and accrued income | 490/1 | €93 | €1,151 | +€1,058 | +1138.4% |
| Total equity and liabilities | 10/49 | €438,286 | €504,033 | +€65,747 | +15.0% |
| Equity | 10/15 | -€3,101 | €21,291 | +€24,392 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,101 | €11,291 | +€24,392 | |
| Amounts payable | 17/49 | €441,387 | €482,742 | +€41,355 | +9.4% |
| Amounts payable within one year | 42/48 | €441,387 | €482,742 | +€41,355 | +9.4% |
| Financial debts | 43 | €245,312 | €219,800 | -€25,512 | -10.4% |
| Credit institutions | 430/8 | €245,312 | €219,800 | -€25,512 | -10.4% |
| Trade debts | 44 | €36,708 | €1,498 | -€35,210 | -95.9% |
| Suppliers | 440/4 | €36,708 | €1,498 | -€35,210 | -95.9% |
| Taxes, remuneration and social security | 45 | €1,542 | €5,094 | +€3,552 | +230.3% |
| Taxes | 450/3 | €1,359 | €5,094 | +€3,735 | +274.8% |
| Remuneration and social security | 454/9 | €183 | - | -€183 | |
| Other amounts payable | 47/48 | €157,825 | €256,349 | +€98,525 | +62.4% |
| Remuneration, social security and pensions | 62 | €2,848 | - | -€2,848 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,484 | €2,000 | -€2,484 | -55.4% |
| Other operating charges | 640/8 | €2,903 | €980 | -€1,923 | -66.3% |
| Gross operating margin | 9900 | €1,135 | €49,327 | +€48,193 | +4247.6% |
| Operating profit (loss) | 9901 | -€9,100 | €46,348 | +€55,448 | |
| Financial charges | 65/66B | €4,001 | €19,132 | +€15,131 | +378.2% |
| Recurring financial charges | 65 | €4,001 | €19,132 | +€15,131 | +378.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,101 | €27,215 | +€40,316 | |
| Income taxes | 67/77 | - | €2,824 | +€2,824 | |
| Profit (loss) for the period | 9904 | -€13,101 | €24,392 | +€37,492 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,101 | €24,392 | +€37,492 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.