PATENT CARES: 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 CARES
Largest movements
- Tangible fixed assets -€32,206
down €32,206 (-7.1%), from €454,899 to €422,692
of which Land and buildings: -€23,069
- Current investments +€12,381
up €12,381 (+5.2%), from €239,247 to €251,628
- Cash -€10,819
down €10,819 (-40.7%), from €26,599 to €15,781
mainly Other debts (-€54,878) and Current investments (-€12,381)
- Other debts -€54,878
down €54,878 (-69.1%), from €79,449 to €24,571
- Reserves +€30,714
up €30,714 (+7.5%), from €409,592 to €440,305
- Gross operating margin -€54,627
down €54,627 (-38.2%), from €142,832 to €88,206
- Financial income -€29,144
down €29,144 (-89.1%), from €32,719 to €3,575
- Taxes -€24,866
down €24,866 (-59.1%), from €42,055 to €17,189
- Financial charges -€1,630
down €1,630 (-16.9%), from €9,630 to €8,000
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.
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 | €731,674 | €701,284 | -€30,390 | -4.2% |
| Fixed assets | 21/28 | €454,899 | €422,692 | -€32,206 | -7.1% |
| Tangible fixed assets | 22/27 | €454,899 | €422,692 | -€32,206 | -7.1% |
| Land and buildings | 22 | €392,176 | €369,107 | -€23,069 | -5.9% |
| Plant, machinery and equipment | 23 | €59,413 | €51,279 | -€8,135 | -13.7% |
| Furniture and vehicles | 24 | €3,309 | €2,306 | -€1,003 | -30.3% |
| Current assets | 29/58 | €276,775 | €278,591 | +€1,816 | +0.7% |
| Amounts receivable within one year | 40/41 | €10,583 | €10,912 | +€329 | +3.1% |
| Trade receivables | 40 | - | €81 | +€81 | |
| Other amounts receivable | 41 | €10,583 | €10,831 | +€248 | +2.3% |
| Current investments | 50/53 | €239,247 | €251,628 | +€12,381 | +5.2% |
| Cash at bank and in hand | 54/58 | €26,599 | €15,781 | -€10,819 | -40.7% |
| Deferred charges and accrued income | 490/1 | €346 | €270 | -€76 | -22.0% |
| Total equity and liabilities | 10/49 | €731,674 | €701,284 | -€30,390 | -4.2% |
| Equity | 10/15 | €434,702 | €465,305 | +€30,604 | +7.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €409,592 | €440,305 | +€30,714 | +7.5% |
| Distributable reserves | 133 | €409,592 | €440,305 | +€30,714 | +7.5% |
| Profit (loss) carried forward | 14 | €110 | - | -€110 | |
| Amounts payable | 17/49 | €296,972 | €235,978 | -€60,994 | -20.5% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €87,083 | €28,293 | -€58,790 | -67.5% |
| Trade debts | 44 | €875 | €302 | -€573 | -65.5% |
| Suppliers | 440/4 | €875 | €302 | -€573 | -65.5% |
| Taxes, remuneration and social security | 45 | €6,759 | €3,421 | -€3,338 | -49.4% |
| Taxes | 450/3 | €6,759 | €3,421 | -€3,338 | -49.4% |
| Other amounts payable | 47/48 | €79,449 | €24,571 | -€54,878 | -69.1% |
| Accrued charges and deferred income | 492/3 | €9,889 | €7,685 | -€2,204 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,961 | €32,206 | +€245 | +0.8% |
| Other operating charges | 640/8 | €2,648 | €2,940 | +€293 | +11.1% |
| Gross operating margin | 9900 | €142,832 | €88,206 | -€54,627 | -38.2% |
| Operating profit (loss) | 9901 | €108,223 | €53,059 | -€55,164 | -51.0% |
| Financial income | 75/76B | €32,719 | €3,575 | -€29,144 | -89.1% |
| Recurring financial income | 75 | €32,719 | €3,575 | -€29,144 | -89.1% |
| Financial charges | 65/66B | €9,630 | €8,000 | -€1,630 | -16.9% |
| Recurring financial charges | 65 | €9,630 | €8,000 | -€1,630 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €131,312 | €48,634 | -€82,678 | -63.0% |
| Income taxes | 67/77 | €42,055 | €17,189 | -€24,866 | -59.1% |
| Profit (loss) for the period | 9904 | €89,256 | €31,445 | -€57,811 | -64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €89,256 | €31,445 | -€57,811 | -64.8% |
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 1 November 2026 via checked.be.