PATCOBEL: 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.
PATCOBEL
Largest movements
- Cash -€46,546
down €46,546 (-34.9%), from €133,344 to €86,798
mainly Net result for the year (-€53,703) and Receivables within one year (-€263)
- Tangible fixed assets -€7,420
down €7,420 (-65.3%), from €11,364 to €3,944
- Profit (loss) carried forward -€53,703
down €53,703 (-180%), from -€29,851 to -€83,554
- Gross operating margin -€23,140
down €23,140 (-108%), from -€21,525 to -€44,665
- Financial charges +€501
up €501 (+94.5%), from €530 to €1,031
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 | €147,645 | €93,942 | -€53,703 | -36.4% |
| Fixed assets | 21/28 | €11,364 | €3,944 | -€7,420 | -65.3% |
| Tangible fixed assets | 22/27 | €11,364 | €3,944 | -€7,420 | -65.3% |
| Furniture and vehicles | 24 | €11,364 | €3,944 | -€7,420 | -65.3% |
| Current assets | 29/58 | €136,281 | €89,998 | -€46,283 | -34.0% |
| Amounts receivable within one year | 40/41 | €2,937 | €3,200 | +€263 | +9.0% |
| Trade receivables | 40 | €2,937 | €3,200 | +€263 | +9.0% |
| Cash at bank and in hand | 54/58 | €133,344 | €86,798 | -€46,546 | -34.9% |
| Total equity and liabilities | 10/49 | €147,645 | €93,942 | -€53,703 | -36.4% |
| Equity | 10/15 | €147,645 | €93,942 | -€53,703 | -36.4% |
| Contributions | 10/11 | €106,671 | €106,671 | = | 0.0% |
| Capital | 10 | €106,671 | €106,671 | = | 0.0% |
| Issued capital | 100 | €106,671 | €106,671 | = | 0.0% |
| Reserves | 13 | €70,825 | €70,825 | = | 0.0% |
| Non-distributable reserves | 130/1 | €62,713 | €62,713 | = | 0.0% |
| Legal reserve | 130 | €62,713 | €62,713 | = | 0.0% |
| Distributable reserves | 133 | €8,112 | €8,112 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,851 | -€83,554 | -€53,703 | -180% |
| Non-recurring operating income | 76A | €30,493 | - | -€30,493 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,420 | €7,420 | = | 0.0% |
| Other operating charges | 640/8 | €689 | €587 | -€102 | -14.8% |
| Gross operating margin | 9900 | -€21,525 | -€44,665 | -€23,140 | -108% |
| Operating profit (loss) | 9901 | -€29,634 | -€52,672 | -€23,038 | -77.7% |
| Financial income | 75/76B | €313 | - | -€313 | |
| Recurring financial income | 75 | €313 | - | -€313 | |
| Financial charges | 65/66B | €530 | €1,031 | +€501 | +94.5% |
| Recurring financial charges | 65 | €530 | €1,031 | +€501 | +94.5% |
| Profit (loss) for the period before taxes | 9903 | -€29,851 | -€53,703 | -€23,852 | -79.9% |
| Profit (loss) for the period | 9904 | -€29,851 | -€53,703 | -€23,852 | -79.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,851 | -€53,703 | -€23,852 | -79.9% |
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 21 October 2026 via checked.be.