PATEL DIAMONDS: 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.
What changed
PATEL DIAMONDS
NACE 46.861, Wholesale of diamonds and other precious stones
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6,517
2024 · €87,246-€80,729
Equity
€1.4m
2024 · €1.4m+€6,517
Cash
€93,268
2024 · €143,859-€50,591
Balance sheet total
€5.6m
2024 · €6.2m-€564,537
Largest movements
Assets
- Receivables within one year -€520,848
down €520,848 (-14.3%), from €3.6m to €3.1m
of which Trade receivables: -€526,387
Equity and liabilities
- Other debts -€549,913
down €549,913 (-12.0%), from €4.6m to €4.0m
Income statement
- Goods and materials -€9.2m
no longer reported in 2025 (was €9.2m)
- Turnover -€1.3m
down €1.3m (-13.8%), from €9.5m to €8.2m
- Services and other goods -€172,643
no longer reported in 2025 (was €172,643)
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.
Result 2024
€87,246
Turnover
-€1.3m
Other operating income
-€13,216
Goods and materials
+€9.2m
Services and other goods
+€172,643
Staff costs
-€23,892
Other operating charges
-€458
Other operating items
-€8.1m
Financial income
+€40,280
Financial charges
-€33,101
Other financial items
-€834
Taxes
+€10,383
Result 2025
€6,517
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€50,591
Investment
€0
Financing
€0
Cash 2024
€143,859
From operations (derived)
-€50,591
Net result for the year
+€6,517
Stocks and contracts
-€7,029
Receivables within one year
+€520,848
Deferred charges and accrued income
+€127
Trade debts
-€50,921
Tax, wage and social debts
+€14,000
Other debts
-€549,913
Accrued charges and deferred income
+€15,780
Cash 2025
€93,268
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,192,596 | €5,628,059 | -€564,537 | -9.1% |
| Fixed assets | 21/28 | €30,108 | €30,108 | = | 0.0% |
| Tangible fixed assets | 22/27 | €30,002 | €30,002 | = | 0.0% |
| Land and buildings | 22 | €30,002 | €30,002 | = | 0.0% |
| Financial fixed assets | 28 | €106 | €106 | = | 0.0% |
| Other financial fixed assets | 284/8 | €106 | - | -€106 | |
| Amounts receivable and cash guarantees | 285/8 | €106 | - | -€106 | |
| Current assets | 29/58 | €6,162,488 | €5,597,951 | -€564,537 | -9.2% |
| Stocks and contracts in progress | 3 | €2,375,031 | €2,382,060 | +€7,029 | +0.3% |
| Stocks | 30/36 | €2,375,031 | €2,382,060 | +€7,029 | +0.3% |
| Goods purchased for resale | 34 | €2,375,031 | - | -€2.4m | |
| Amounts receivable within one year | 40/41 | €3,642,080 | €3,121,232 | -€520,848 | -14.3% |
| Trade receivables | 40 | €3,640,567 | €3,114,180 | -€526,387 | -14.5% |
| Other amounts receivable | 41 | €1,513 | €7,052 | +€5,539 | +366% |
| Cash at bank and in hand | 54/58 | €143,859 | €93,268 | -€50,591 | -35.2% |
| Deferred charges and accrued income | 490/1 | €1,518 | €1,391 | -€127 | -8.4% |
| Total equity and liabilities | 10/49 | €6,192,596 | €5,628,059 | -€564,537 | -9.1% |
| Equity | 10/15 | €1,436,087 | €1,442,604 | +€6,517 | +0.5% |
| Contributions | 10/11 | €127,992 | €127,992 | = | 0.0% |
| Reserves | 13 | €1,308,095 | €1,314,612 | +€6,517 | +0.5% |
| Non-distributable reserves | 130/1 | €12,799 | €12,799 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,799 | €12,799 | = | 0.0% |
| Distributable reserves | 133 | €1,295,296 | €1,301,813 | +€6,517 | +0.5% |
| Amounts payable | 17/49 | €4,756,509 | €4,185,455 | -€571,054 | -12.0% |
| Amounts payable within one year | 42/48 | €4,667,255 | €4,080,421 | -€586,834 | -12.6% |
| Trade debts | 44 | €69,872 | €18,951 | -€50,921 | -72.9% |
| Suppliers | 440/4 | €69,872 | €18,951 | -€50,921 | -72.9% |
| Taxes, remuneration and social security | 45 | €25,500 | €39,500 | +€14,000 | +54.9% |
| Taxes | 450/3 | €25,500 | €39,500 | +€14,000 | +54.9% |
| Other amounts payable | 47/48 | €4,571,883 | €4,021,970 | -€549,913 | -12.0% |
| Accrued charges and deferred income | 492/3 | €89,254 | €105,034 | +€15,780 | +17.7% |
| Operating income | 70/76A | €9,483,741 | - | -€9.5m | |
| Turnover | 70 | €9,470,525 | €8,160,416 | -€1.3m | -13.8% |
| Other operating income | 74 | €13,216 | - | -€13,216 | |
| Operating charges | 60/66A | €9,350,026 | - | -€9.4m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €8,103,949 | +€8.1m | |
| Goods for resale, raw materials and consumables | 60 | €9,172,400 | - | -€9.2m | |
| Change in stocks: decrease (increase) | 609 | -€926,526 | - | +€926,526 | |
| Services and other goods | 61 | €172,643 | - | -€172,643 | |
| Remuneration, social security and pensions | 62 | - | €23,892 | +€23,892 | |
| Other operating charges | 640/8 | €4,983 | €5,441 | +€458 | +9.2% |
| Gross operating margin | 9900 | - | €65,591 | +€65,591 | |
| Operating profit (loss) | 9901 | €133,715 | €36,258 | -€97,457 | -72.9% |
| Financial income | 75/76B | - | €40,280 | +€40,280 | |
| Recurring financial income | 75 | €834 | €40,280 | +€39,446 | +4,730% |
| Other financial income | 752/9 | €834 | - | -€834 | |
| Financial charges | 65/66B | €22,920 | €56,021 | +€33,101 | +144% |
| Recurring financial charges | 65 | €22,920 | €56,021 | +€33,101 | +144% |
| Debt charges | 650 | €7,027 | - | -€7,027 | |
| Other financial charges | 652/9 | €15,893 | - | -€15,893 | |
| Profit (loss) for the period before taxes | 9903 | €111,629 | €20,517 | -€91,112 | -81.6% |
| Income taxes | 67/77 | €24,383 | €14,000 | -€10,383 | -42.6% |
| Taxes | 670/3 | €25,500 | - | -€25,500 | |
| Tax adjustments and reversals of tax provisions | 77 | €1,117 | - | -€1,117 | |
| Profit (loss) for the period | 9904 | €87,246 | €6,517 | -€80,729 | -92.5% |
| Profit (loss) for the period to be appropriated | 9905 | €87,246 | €6,517 | -€80,729 | -92.5% |
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 25 October 2026 via checked.be.