PATENT: 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.
PATENT
Largest movements
- Cash +€140,814
up €140,814 (+55.2%), from €255,073 to €395,887
mainly Net result for the year (+€82,385) and Trade debts (+€15,277)
- Tangible fixed assets -€13,376
down €13,376 (-29.6%), from €45,228 to €31,852
of which Furniture and vehicles: -€12,757
- Receivables within one year -€10,761
down €10,761 (-32.9%), from €32,678 to €21,917
of which Trade receivables: -€6,410
- Reserves +€80,719
up €80,719 (+27.6%), from €292,113 to €372,832
of which Distributable reserves: +€80,719
- Trade debts +€15,277
up €15,277 (+641%), from €2,384 to €17,661
- Tax, wage and social debts +€11,899
up €11,899 (+60.7%), from €19,610 to €31,509
of which Taxes: +€11,899
- Accrued charges and deferred income +€6,420
up €6,420, from €0 to €6,420
- Gross operating margin -€12,610
down €12,610 (-9.0%), from €140,810 to €128,200
- Financial charges -€8,788
down €8,788 (-98.1%), from €8,955 to €166
of which Non-recurring financial charges: -€8,898
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €334,528 | €450,727 | +€116,199 | +34.7% |
| Fixed assets | 21/28 | €45,228 | €31,852 | -€13,376 | -29.6% |
| Tangible fixed assets | 22/27 | €45,228 | €31,852 | -€13,376 | -29.6% |
| Plant, machinery and equipment | 23 | €1,679 | €1,060 | -€619 | -36.9% |
| Furniture and vehicles | 24 | €43,549 | €30,792 | -€12,757 | -29.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €289,300 | €418,875 | +€129,575 | +44.8% |
| Stocks and contracts in progress | 3 | €1,550 | €1,071 | -€479 | -30.9% |
| Stocks | 30/36 | €1,550 | €1,071 | -€479 | -30.9% |
| Amounts receivable within one year | 40/41 | €32,678 | €21,917 | -€10,761 | -32.9% |
| Trade receivables | 40 | €28,327 | €21,917 | -€6,410 | -22.6% |
| Other amounts receivable | 41 | €4,350 | €0 | -€4,350 | -100% |
| Cash at bank and in hand | 54/58 | €255,073 | €395,887 | +€140,814 | +55.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €334,528 | €450,727 | +€116,199 | +34.7% |
| Equity | 10/15 | €310,713 | €391,432 | +€80,719 | +26.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €292,113 | €372,832 | +€80,719 | +27.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €292,113 | €372,832 | +€80,719 | +27.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €23,815 | €59,295 | +€35,480 | +149% |
| Amounts payable within one year | 42/48 | €23,815 | €52,875 | +€29,060 | +122% |
| Trade debts | 44 | €2,384 | €17,661 | +€15,277 | +641% |
| Suppliers | 440/4 | €2,384 | €17,661 | +€15,277 | +641% |
| Taxes, remuneration and social security | 45 | €19,610 | €31,509 | +€11,899 | +60.7% |
| Taxes | 450/3 | €19,610 | €31,509 | +€11,899 | +60.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,821 | €3,705 | +€1,883 | +103% |
| Accrued charges and deferred income | 492/3 | €0 | €6,420 | +€6,420 | |
| Non-recurring operating income | 76A | €0 | €2,274 | +€2,274 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,706 | €13,376 | -€1,330 | -9.0% |
| Other operating charges | 640/8 | €540 | €897 | +€357 | +66.2% |
| Gross operating margin | 9900 | €140,810 | €128,200 | -€12,610 | -9.0% |
| Operating profit (loss) | 9901 | €125,564 | €113,927 | -€11,638 | -9.3% |
| Financial income | 75/76B | €653 | €1,079 | +€426 | +65.3% |
| Recurring financial income | 75 | €653 | €1,079 | +€426 | +65.3% |
| Financial charges | 65/66B | €8,955 | €166 | -€8,788 | -98.1% |
| Recurring financial charges | 65 | €57 | €166 | +€110 | +194% |
| Non-recurring financial charges | 66B | €8,898 | €0 | -€8,898 | -100% |
| Profit (loss) for the period before taxes | 9903 | €117,263 | €114,840 | -€2,423 | -2.1% |
| Income taxes | 67/77 | €33,802 | €32,454 | -€1,347 | -4.0% |
| Profit (loss) for the period | 9904 | €83,461 | €82,385 | -€1,076 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €83,461 | €82,385 | -€1,076 | -1.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.