PatCorp: 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.
PatCorp
Largest movements
- Receivables within one year -€33,774
down €33,774 (-52.5%), from €64,340 to €30,566
of which Trade receivables: -€34,094
- Tangible fixed assets -€16,579
down €16,579 (-2.5%), from €672,751 to €656,172
of which Land and buildings: -€15,841
- Trade debts -€40,141
down €40,141 (-62.7%), from €63,972 to €23,831
- Debts after one year -€34,441
down €34,441 (-5.5%), from €622,788 to €588,348
- Accrued charges and deferred income -€30,392
down €30,392 (-99.4%), from €30,567 to €175
- Current portion of long-term debt +€22,183
up €22,183 (+93.4%), from €23,740 to €45,923
- Profit (loss) carried forward +€18,121
up €18,121 (+11.7%), from -€155,454 to -€137,333
- Gross operating margin +€103,239
up €103,239, from -€40,129 to €63,110
- Depreciation -€65,226
down €65,226 (-79.7%), from €81,805 to €16,579
- Financial charges -€4,548
down €4,548 (-15.4%), from €29,548 to €25,000
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.
Cash bridge derived
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 | €749,007 | €688,380 | -€60,627 | -8.1% |
| Fixed assets | 21/28 | €672,751 | €656,432 | -€16,319 | -2.4% |
| Tangible fixed assets | 22/27 | €672,751 | €656,172 | -€16,579 | -2.5% |
| Land and buildings | 22 | €668,668 | €652,826 | -€15,841 | -2.4% |
| Plant, machinery and equipment | 23 | €2,030 | €1,864 | -€166 | -8.2% |
| Furniture and vehicles | 24 | €2,053 | €1,481 | -€572 | -27.9% |
| Financial fixed assets | 28 | - | €260 | +€260 | |
| Current assets | 29/58 | €76,256 | €31,948 | -€44,308 | -58.1% |
| Stocks and contracts in progress | 3 | €1,541 | - | -€1,541 | |
| Stocks | 30/36 | €1,541 | - | -€1,541 | |
| Amounts receivable within one year | 40/41 | €64,340 | €30,566 | -€33,774 | -52.5% |
| Trade receivables | 40 | €64,334 | €30,241 | -€34,094 | -53.0% |
| Other amounts receivable | 41 | €6 | €325 | +€320 | +5747.1% |
| Cash at bank and in hand | 54/58 | €5,969 | €0 | -€5,969 | -100.0% |
| Deferred charges and accrued income | 490/1 | €4,407 | €1,383 | -€3,024 | -68.6% |
| Total equity and liabilities | 10/49 | €749,007 | €688,380 | -€60,627 | -8.1% |
| Equity | 10/15 | -€62,954 | -€44,833 | +€18,121 | +28.8% |
| Contributions | 10/11 | €92,500 | €92,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€155,454 | -€137,333 | +€18,121 | +11.7% |
| Amounts payable | 17/49 | €811,961 | €733,213 | -€78,748 | -9.7% |
| Amounts payable after more than one year | 17 | €622,788 | €588,348 | -€34,441 | -5.5% |
| Financial debts | 170/4 | €622,788 | €588,348 | -€34,441 | -5.5% |
| Amounts payable within one year | 42/48 | €158,606 | €144,690 | -€13,916 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €23,740 | €45,923 | +€22,183 | +93.4% |
| Financial debts | 43 | - | €633 | +€633 | |
| Credit institutions | 430/8 | - | €633 | +€633 | |
| Trade debts | 44 | €63,972 | €23,831 | -€40,141 | -62.7% |
| Suppliers | 440/4 | €63,972 | €23,831 | -€40,141 | -62.7% |
| Taxes, remuneration and social security | 45 | €487 | - | -€487 | |
| Taxes | 450/3 | €487 | - | -€487 | |
| Other amounts payable | 47/48 | €70,407 | €74,303 | +€3,895 | +5.5% |
| Accrued charges and deferred income | 492/3 | €30,567 | €175 | -€30,392 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,805 | €16,579 | -€65,226 | -79.7% |
| Other operating charges | 640/8 | €3,450 | €3,208 | -€241 | -7.0% |
| Gross operating margin | 9900 | -€40,129 | €63,110 | +€103,239 | |
| Operating profit (loss) | 9901 | -€125,384 | €43,322 | +€168,706 | |
| Financial income | 75/76B | €23 | €2 | -€21 | -91.3% |
| Recurring financial income | 75 | €23 | €2 | -€21 | -91.3% |
| Financial charges | 65/66B | €29,548 | €25,000 | -€4,548 | -15.4% |
| Recurring financial charges | 65 | €29,548 | €25,000 | -€4,548 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€154,909 | €18,324 | +€173,233 | |
| Income taxes | 67/77 | €546 | €203 | -€343 | -62.8% |
| Profit (loss) for the period | 9904 | -€155,454 | €18,121 | +€173,575 | |
| Profit (loss) for the period to be appropriated | 9905 | -€155,454 | €18,121 | +€173,575 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.