PATENTIX: 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.
PATENTIX
Largest movements
- Current investments +€2.1m
up €2.1m (+423.2%), from €501,507 to €2.6m
- Receivables after one year -€257,283
down €257,283 (-43.3%), from €593,940 to €336,657
- Cash -€167,092
down €167,092 (-29.4%), from €568,887 to €401,795
mainly Current investments (-€2.1m) and Contributions, distributions and other (-€817,188)
- Debts after one year +€2.0m
new in 2025: €2.0m
- Reserves -€316,054
down €316,054 (-17.4%), from €1.8m to €1.5m
of which Distributable reserves: -€316,054
- Financial income +€136,119
up €136,119 (+38.3%), from €355,215 to €491,334
- Gross operating margin +€33,633
up €33,633 (+41.4%), from €81,303 to €114,936
- Financial charges +€32,664
up €32,664 (+13502.1%), from €242 to €32,906
- Taxes +€15,535
up €15,535 (+41.1%), from €37,768 to €53,303
- Depreciation -€13,166
down €13,166 (-46.5%), from €28,341 to €15,174
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 | €1,890,319 | €3,609,869 | +€1.7m | +91.0% |
| Fixed assets | 21/28 | €181,944 | €175,186 | -€6,757 | -3.7% |
| Tangible fixed assets | 22/27 | €163,944 | €157,186 | -€6,757 | -4.1% |
| Land and buildings | 22 | €135,840 | €130,226 | -€5,614 | -4.1% |
| Plant, machinery and equipment | 23 | €10,166 | €15,679 | +€5,513 | +54.2% |
| Furniture and vehicles | 24 | €13,330 | €7,720 | -€5,610 | -42.1% |
| Other tangible fixed assets | 26 | €4,607 | €3,561 | -€1,046 | -22.7% |
| Financial fixed assets | 28 | €18,000 | €18,000 | = | 0.0% |
| Current assets | 29/58 | €1,708,375 | €3,434,683 | +€1.7m | +101.0% |
| Amounts receivable after more than one year | 29 | €593,940 | €336,657 | -€257,283 | -43.3% |
| Other amounts receivable | 291 | €593,940 | €336,657 | -€257,283 | -43.3% |
| Amounts receivable within one year | 40/41 | €43,575 | €72,134 | +€28,560 | +65.5% |
| Trade receivables | 40 | €26,641 | €1,424 | -€25,216 | -94.7% |
| Other amounts receivable | 41 | €16,934 | €70,710 | +€53,776 | +317.6% |
| Current investments | 50/53 | €501,507 | €2,623,674 | +€2.1m | +423.2% |
| Cash at bank and in hand | 54/58 | €568,887 | €401,795 | -€167,092 | -29.4% |
| Deferred charges and accrued income | 490/1 | €467 | €422 | -€44 | -9.5% |
| Total equity and liabilities | 10/49 | €1,890,319 | €3,609,869 | +€1.7m | +91.0% |
| Equity | 10/15 | €1,831,028 | €1,514,974 | -€316,054 | -17.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,812,478 | €1,496,424 | -€316,054 | -17.4% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,810,623 | €1,494,569 | -€316,054 | -17.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €59,291 | €2,094,895 | +€2.0m | +3433.3% |
| Amounts payable after more than one year | 17 | - | €1,996,089 | +€2.0m | |
| Financial debts | 170/4 | - | €1,996,089 | +€2.0m | |
| Amounts payable within one year | 42/48 | €56,534 | €66,370 | +€9,835 | +17.4% |
| Trade debts | 44 | €3,376 | €1,076 | -€2,300 | -68.1% |
| Suppliers | 440/4 | €3,376 | €1,076 | -€2,300 | -68.1% |
| Taxes, remuneration and social security | 45 | €41,072 | €65,294 | +€24,222 | +59.0% |
| Taxes | 450/3 | €41,072 | €65,294 | +€24,222 | +59.0% |
| Other amounts payable | 47/48 | €12,087 | €0 | -€12,087 | -100.0% |
| Accrued charges and deferred income | 492/3 | €2,756 | €32,436 | +€29,680 | +1076.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,341 | €15,174 | -€13,166 | -46.5% |
| Other operating charges | 640/8 | €3,943 | €3,753 | -€191 | -4.8% |
| Gross operating margin | 9900 | €81,303 | €114,936 | +€33,633 | +41.4% |
| Operating profit (loss) | 9901 | €49,019 | €96,009 | +€46,990 | +95.9% |
| Financial income | 75/76B | €355,215 | €491,334 | +€136,119 | +38.3% |
| Recurring financial income | 75 | €355,215 | €491,334 | +€136,119 | +38.3% |
| Financial charges | 65/66B | €242 | €32,906 | +€32,664 | +13502.1% |
| Recurring financial charges | 65 | €242 | €32,906 | +€32,664 | +13502.1% |
| Profit (loss) for the period before taxes | 9903 | €403,992 | €554,437 | +€150,445 | +37.2% |
| Income taxes | 67/77 | €37,768 | €53,303 | +€15,535 | +41.1% |
| Profit (loss) for the period | 9904 | €366,224 | €501,134 | +€134,910 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €366,224 | €501,134 | +€134,910 | +36.8% |
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 10 October 2026 via checked.be.