PATCHENCO: 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.
PATCHENCO
Largest movements
- Cash -€56,696
down €56,696 (-63.6%), from €89,097 to €32,401
mainly Net result for the year (-€40,115) and Tax, wage and social debts (-€14,547)
- Receivables within one year -€5,070
down €5,070 (-26.3%), from €19,274 to €14,205
of which Trade receivables: -€2,884
- Deferred charges and accrued income +€2,897
up €2,897 (+2,897%), from €100 to €2,997
- Profit (loss) carried forward -€40,115
down €40,115, from €34,651 to -€5,464
- Tax, wage and social debts -€14,547
down €14,547 (-68.3%), from €21,291 to €6,744
- Trade debts -€9,728
down €9,728 (-63.4%), from €15,341 to €5,613
- Other debts +€4,507
up €4,507 (+225%), from €2,000 to €6,507
- Gross operating margin -€72,056
down €72,056, from €43,825 to -€28,231
- Taxes -€11,259
down €11,259 (-97.8%), from €11,513 to €255
- Other operating charges +€3,567
up €3,567 (+49.5%), from €7,204 to €10,771
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 | €118,663 | €58,781 | -€59,883 | -50.5% |
| Fixed assets | 21/28 | €5,516 | €4,502 | -€1,014 | -18.4% |
| Tangible fixed assets | 22/27 | €4,316 | €3,302 | -€1,014 | -23.5% |
| Furniture and vehicles | 24 | €4,316 | €3,302 | -€1,014 | -23.5% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €113,147 | €54,278 | -€58,869 | -52.0% |
| Stocks and contracts in progress | 3 | €4,676 | €4,676 | = | 0.0% |
| Stocks | 30/36 | €4,676 | €4,676 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,274 | €14,205 | -€5,070 | -26.3% |
| Trade receivables | 40 | €17,089 | €14,205 | -€2,884 | -16.9% |
| Other amounts receivable | 41 | €2,186 | - | -€2,186 | |
| Cash at bank and in hand | 54/58 | €89,097 | €32,401 | -€56,696 | -63.6% |
| Deferred charges and accrued income | 490/1 | €100 | €2,997 | +€2,897 | +2,897% |
| Total equity and liabilities | 10/49 | €118,663 | €58,781 | -€59,883 | -50.5% |
| Equity | 10/15 | €80,031 | €39,916 | -€40,115 | -50.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €39,180 | €39,180 | = | 0.0% |
| Distributable reserves | 133 | €39,180 | €39,180 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,651 | -€5,464 | -€40,115 | |
| Amounts payable | 17/49 | €38,632 | €18,865 | -€19,767 | -51.2% |
| Amounts payable within one year | 42/48 | €38,632 | €18,865 | -€19,767 | -51.2% |
| Trade debts | 44 | €15,341 | €5,613 | -€9,728 | -63.4% |
| Suppliers | 440/4 | €15,341 | €5,613 | -€9,728 | -63.4% |
| Taxes, remuneration and social security | 45 | €21,291 | €6,744 | -€14,547 | -68.3% |
| Taxes | 450/3 | €21,291 | €6,744 | -€14,547 | -68.3% |
| Other amounts payable | 47/48 | €2,000 | €6,507 | +€4,507 | +225% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €996 | €1,014 | +€18 | +1.8% |
| Other operating charges | 640/8 | €7,204 | €10,771 | +€3,567 | +49.5% |
| Gross operating margin | 9900 | €43,825 | -€28,231 | -€72,056 | |
| Operating profit (loss) | 9901 | €35,626 | -€40,016 | -€75,642 | |
| Financial income | 75/76B | €202 | €504 | +€303 | +150% |
| Recurring financial income | 75 | €202 | €504 | +€303 | +150% |
| Financial charges | 65/66B | €322 | €349 | +€28 | +8.6% |
| Recurring financial charges | 65 | €322 | €349 | +€28 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €35,506 | -€39,861 | -€75,367 | |
| Income taxes | 67/77 | €11,513 | €255 | -€11,259 | -97.8% |
| Profit (loss) for the period | 9904 | €23,992 | -€40,115 | -€64,108 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,992 | -€40,115 | -€64,108 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.