PATCOUS: 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.
PATCOUS
Largest movements
- Cash -€105,269
down €105,269 (-87.7%), from €120,023 to €14,754
mainly Debts after one year (-€155,098) and Contributions, distributions and other (-€150,000)
- Deferred charges and accrued income +€47,003
up €47,003 (+92.9%), from €50,600 to €97,604
- Tangible fixed assets -€43,613
down €43,613 (-5.9%), from €741,836 to €698,223
of which Leasing and similar rights: -€62,453
- Debts after one year -€155,098
down €155,098 (-20.4%), from €759,380 to €604,283
of which Financial debts: -€155,098
- Other debts +€70,001
up €70,001 (+34.9%), from €200,830 to €270,831
- Trade debts -€62,458
down €62,458 (-94.1%), from €66,389 to €3,931
- Reserves +€49,964
up €49,964 (+6.6%), from €757,013 to €806,977
of which Distributable reserves: +€78,953
- Financial income -€56,110
down €56,110 (-27.2%), from €206,110 to €150,000
- Depreciation +€7,002
up €7,002 (+11.1%), from €62,964 to €69,965
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 | €2,092,521 | €1,994,792 | -€97,729 | -4.7% |
| Fixed assets | 21/28 | €1,892,071 | €1,848,458 | -€43,613 | -2.3% |
| Tangible fixed assets | 22/27 | €741,836 | €698,223 | -€43,613 | -5.9% |
| Land and buildings | 22 | €500,000 | €500,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €114,197 | €108,463 | -€5,735 | -5.0% |
| Furniture and vehicles | 24 | €0 | €24,574 | +€24,574 | |
| Leasing and similar rights | 25 | €127,639 | €65,186 | -€62,453 | -48.9% |
| Financial fixed assets | 28 | €1,150,235 | €1,150,235 | = | 0.0% |
| Current assets | 29/58 | €200,450 | €146,334 | -€54,116 | -27.0% |
| Amounts receivable within one year | 40/41 | €29,826 | €33,975 | +€4,149 | +13.9% |
| Trade receivables | 40 | €15,196 | €16,882 | +€1,686 | +11.1% |
| Other amounts receivable | 41 | €14,630 | €17,093 | +€2,463 | +16.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €120,023 | €14,754 | -€105,269 | -87.7% |
| Deferred charges and accrued income | 490/1 | €50,600 | €97,604 | +€47,003 | +92.9% |
| Total equity and liabilities | 10/49 | €2,092,521 | €1,994,792 | -€97,729 | -4.7% |
| Equity | 10/15 | €886,468 | €936,432 | +€49,964 | +5.6% |
| Contributions | 10/11 | €129,455 | €129,455 | = | 0.0% |
| Capital | 10 | €129,455 | €129,455 | = | 0.0% |
| Issued capital | 100 | €141,150 | €141,150 | = | 0.0% |
| Uncalled capital | 101 | €11,695 | €11,695 | = | 0.0% |
| Reserves | 13 | €757,013 | €806,977 | +€49,964 | +6.6% |
| Non-distributable reserves | 130/1 | €19,375 | €19,375 | = | 0.0% |
| Legal reserve | 130 | €19,375 | €19,375 | = | 0.0% |
| Tax-exempt reserves | 132 | €58,061 | €29,072 | -€28,989 | -49.9% |
| Distributable reserves | 133 | €679,577 | €758,529 | +€78,953 | +11.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €23,715 | €11,875 | -€11,841 | -49.9% |
| Deferred taxes | 168 | €23,715 | €11,875 | -€11,841 | -49.9% |
| Amounts payable | 17/49 | €1,182,338 | €1,046,486 | -€135,852 | -11.5% |
| Amounts payable after more than one year | 17 | €759,380 | €604,283 | -€155,098 | -20.4% |
| Financial debts | 170/4 | €759,380 | €604,283 | -€155,098 | -20.4% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €422,958 | €442,203 | +€19,245 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €150,159 | €155,098 | +€4,939 | +3.3% |
| Trade debts | 44 | €66,389 | €3,931 | -€62,458 | -94.1% |
| Suppliers | 440/4 | €66,389 | €3,931 | -€62,458 | -94.1% |
| Taxes, remuneration and social security | 45 | €5,580 | €12,344 | +€6,764 | +121% |
| Taxes | 450/3 | €5,580 | €12,344 | +€6,764 | +121% |
| Other amounts payable | 47/48 | €200,830 | €270,831 | +€70,001 | +34.9% |
| Remuneration, social security and pensions | 62 | €287 | €0 | -€287 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,964 | €69,965 | +€7,002 | +11.1% |
| Other operating charges | 640/8 | €16,212 | €16,772 | +€560 | +3.5% |
| Gross operating margin | 9900 | €180,121 | €180,446 | +€325 | +0.2% |
| Operating profit (loss) | 9901 | €100,659 | €93,709 | -€6,950 | -6.9% |
| Financial income | 75/76B | €206,110 | €150,000 | -€56,110 | -27.2% |
| Recurring financial income | 75 | €206,110 | €150,000 | -€56,110 | -27.2% |
| Financial charges | 65/66B | €29,892 | €28,822 | -€1,070 | -3.6% |
| Recurring financial charges | 65 | €29,892 | €28,822 | -€1,070 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €276,876 | €214,887 | -€61,990 | -22.4% |
| Transfer from deferred taxes | 780 | €11,841 | €11,841 | = | 0.0% |
| Income taxes | 67/77 | €25,562 | €26,764 | +€1,202 | +4.7% |
| Profit (loss) for the period | 9904 | €263,155 | €199,964 | -€63,191 | -24.0% |
| Transfer from tax-exempt reserves | 789 | €28,989 | €28,989 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €292,144 | €228,953 | -€63,191 | -21.6% |
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 19 October 2026 via checked.be.