PatelMa: 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.
PatelMa
Largest movements
- Cash -€68,018
down €68,018 (-69.4%), from €98,047 to €30,030
mainly Receivables within one year (-€40,093) and Receivables after one year (-€29,900)
- Receivables within one year +€40,093
up €40,093 (+45.2%), from €88,733 to €128,826
of which Other amounts receivable: +€42,659
- Receivables after one year +€29,900
new in 2025: €29,900
- Reserves +€5,500
up €5,500 (+3.1%), from €178,752 to €184,252
- Tax, wage and social debts -€2,292
down €2,292 (-15.1%), from €15,191 to €12,900
- Trade debts -€2,287
down €2,287 (-81.8%), from €2,795 to €508
- Gross operating margin -€80,726
down €80,726 (-91.7%), from €88,015 to €7,290
- Taxes -€15,704
down €15,704 (-84.7%), from €18,538 to €2,834
- Financial income +€4,736
new in 2025: €4,736
- Financial charges +€1,227
up €1,227 (+1629.6%), from €75 to €1,302
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 | €200,066 | €201,328 | +€1,261 | +0.6% |
| Fixed assets | 21/28 | €12,663 | €12,572 | -€90 | -0.7% |
| Tangible fixed assets | 22/27 | €11,713 | €11,622 | -€90 | -0.8% |
| Land and buildings | 22 | €8,385 | €8,082 | -€303 | -3.6% |
| Plant, machinery and equipment | 23 | €2,778 | €2,290 | -€487 | -17.5% |
| Furniture and vehicles | 24 | €550 | €1,250 | +€700 | +127.4% |
| Financial fixed assets | 28 | €950 | €950 | = | 0.0% |
| Current assets | 29/58 | €187,404 | €188,755 | +€1,352 | +0.7% |
| Amounts receivable after more than one year | 29 | - | €29,900 | +€29,900 | |
| Other amounts receivable | 291 | - | €29,900 | +€29,900 | |
| Amounts receivable within one year | 40/41 | €88,733 | €128,826 | +€40,093 | +45.2% |
| Trade receivables | 40 | €16,365 | €13,799 | -€2,566 | -15.7% |
| Other amounts receivable | 41 | €72,368 | €115,026 | +€42,659 | +58.9% |
| Cash at bank and in hand | 54/58 | €98,047 | €30,030 | -€68,018 | -69.4% |
| Deferred charges and accrued income | 490/1 | €624 | €0 | -€624 | -100.0% |
| Total equity and liabilities | 10/49 | €200,066 | €201,328 | +€1,261 | +0.6% |
| Equity | 10/15 | €182,080 | €187,920 | +€5,840 | +3.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €178,752 | €184,252 | +€5,500 | +3.1% |
| Distributable reserves | 133 | €178,752 | €184,252 | +€5,500 | +3.1% |
| Profit (loss) carried forward | 14 | €328 | €668 | +€340 | +103.7% |
| Amounts payable | 17/49 | €17,986 | €13,408 | -€4,579 | -25.5% |
| Amounts payable within one year | 42/48 | €17,986 | €13,408 | -€4,579 | -25.5% |
| Trade debts | 44 | €2,795 | €508 | -€2,287 | -81.8% |
| Suppliers | 440/4 | €2,795 | €508 | -€2,287 | -81.8% |
| Taxes, remuneration and social security | 45 | €15,191 | €12,900 | -€2,292 | -15.1% |
| Taxes | 450/3 | €15,191 | €12,900 | -€2,292 | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,962 | €1,799 | -€163 | -8.3% |
| Other operating charges | 640/8 | €683 | €249 | -€434 | -63.5% |
| Gross operating margin | 9900 | €88,015 | €7,290 | -€80,726 | -91.7% |
| Operating profit (loss) | 9901 | €85,370 | €5,241 | -€80,129 | -93.9% |
| Financial income | 75/76B | - | €4,736 | +€4,736 | |
| Recurring financial income | 75 | - | €4,736 | +€4,736 | |
| Financial charges | 65/66B | €75 | €1,302 | +€1,227 | +1629.6% |
| Recurring financial charges | 65 | €75 | €1,302 | +€1,227 | +1629.6% |
| Profit (loss) for the period before taxes | 9903 | €85,295 | €8,674 | -€76,620 | -89.8% |
| Income taxes | 67/77 | €18,538 | €2,834 | -€15,704 | -84.7% |
| Profit (loss) for the period | 9904 | €66,756 | €5,840 | -€60,916 | -91.3% |
| Profit (loss) for the period to be appropriated | 9905 | €66,756 | €5,840 | -€60,916 | -91.3% |
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 11 October 2026 via checked.be.