Pates Consulting: 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.
Pates Consulting
Largest movements
- Financial fixed assets -€582,338
down €582,338 (-1.5%), from €38.9m to €38.3m
- Receivables within one year -€471,362
down €471,362 (-83.2%), from €566,789 to €95,427
of which Trade receivables: -€483,320
- Debts after one year -€850,000
down €850,000 (-65.4%), from €1.3m to €450,528
- Financial income -€2.0m
down €2.0m (-93.7%), from €2.1m to €134,195
of which Non-recurring financial income: -€2.0m
- Staff costs +€83,036
up €83,036 (+114%), from €72,557 to €155,592
- Gross operating margin -€69,927
down €69,927 (-29.9%), from €233,558 to €163,631
- Financial charges -€39,508
down €39,508 (-49.6%), from €79,696 to €40,189
- Taxes -€18,469
down €18,469 (-89.1%), from €20,737 to €2,268
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,820,328 | €41,779,129 | -€1.0m | -2.4% |
| Fixed assets | 21/28 | €39,199,503 | €38,589,878 | -€609,626 | -1.6% |
| Tangible fixed assets | 22/27 | €325,912 | €298,625 | -€27,288 | -8.4% |
| Land and buildings | 22 | €315,010 | €292,721 | -€22,289 | -7.1% |
| Furniture and vehicles | 24 | €10,902 | €5,904 | -€4,998 | -45.8% |
| Financial fixed assets | 28 | €38,873,591 | €38,291,253 | -€582,338 | -1.5% |
| Current assets | 29/58 | €3,620,824 | €3,189,251 | -€431,573 | -11.9% |
| Amounts receivable after more than one year | 29 | €3,034,221 | €3,049,121 | +€14,901 | +0.5% |
| Other amounts receivable | 291 | €3,034,221 | €3,049,121 | +€14,901 | +0.5% |
| Amounts receivable within one year | 40/41 | €566,789 | €95,427 | -€471,362 | -83.2% |
| Trade receivables | 40 | €564,386 | €81,066 | -€483,320 | -85.6% |
| Other amounts receivable | 41 | €2,403 | €14,361 | +€11,958 | +498% |
| Deferred charges and accrued income | 490/1 | €19,815 | €44,703 | +€24,889 | +126% |
| Total equity and liabilities | 10/49 | €42,820,328 | €41,779,129 | -€1.0m | -2.4% |
| Equity | 10/15 | €40,758,446 | €40,816,511 | +€58,066 | +0.1% |
| Contributions | 10/11 | €35,495,208 | €35,495,208 | = | 0.0% |
| Reserves | 13 | €5,263,238 | €5,321,304 | +€58,066 | +1.1% |
| Non-distributable reserves | 130/1 | €260,840 | - | -€260,840 | |
| Reserves not available under the articles | 1311 | €260,840 | - | -€260,840 | |
| Distributable reserves | 133 | €5,002,398 | €5,321,304 | +€318,906 | +6.4% |
| Amounts payable | 17/49 | €2,061,882 | €962,618 | -€1.1m | -53.3% |
| Amounts payable after more than one year | 17 | €1,300,528 | €450,528 | -€850,000 | -65.4% |
| Other amounts payable | 178/9 | €1,300,528 | €450,528 | -€850,000 | -65.4% |
| Amounts payable within one year | 42/48 | €612,658 | €477,304 | -€135,354 | -22.1% |
| Financial debts | 43 | €225,215 | €223,504 | -€1,711 | -0.8% |
| Credit institutions | 430/8 | €8,750 | €8,750 | = | 0.0% |
| Other loans | 439 | €216,465 | €214,754 | -€1,711 | -0.8% |
| Trade debts | 44 | €357,723 | €200,808 | -€156,915 | -43.9% |
| Suppliers | 440/4 | €357,723 | €200,808 | -€156,915 | -43.9% |
| Taxes, remuneration and social security | 45 | €29,720 | €52,992 | +€23,273 | +78.3% |
| Taxes | 450/3 | €24,724 | €15,323 | -€9,401 | -38.0% |
| Remuneration and social security | 454/9 | €4,995 | €37,669 | +€32,674 | +654% |
| Accrued charges and deferred income | 492/3 | €148,696 | €34,786 | -€113,910 | -76.6% |
| Remuneration, social security and pensions | 62 | €72,557 | €155,592 | +€83,036 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,059 | €27,288 | +€1,228 | +4.7% |
| Other operating charges | 640/8 | €11,578 | €14,423 | +€2,845 | +24.6% |
| Gross operating margin | 9900 | €233,558 | €163,631 | -€69,927 | -29.9% |
| Operating profit (loss) | 9901 | €123,364 | -€33,672 | -€157,036 | |
| Financial income | 75/76B | €2,114,787 | €134,195 | -€2.0m | -93.7% |
| Recurring financial income | 75 | €18,165 | €56,470 | +€38,305 | +211% |
| Non-recurring financial income | 76B | €2,096,622 | €77,725 | -€2.0m | -96.3% |
| Financial charges | 65/66B | €79,696 | €40,189 | -€39,508 | -49.6% |
| Recurring financial charges | 65 | €79,696 | €40,189 | -€39,508 | -49.6% |
| Profit (loss) for the period before taxes | 9903 | €2,158,455 | €60,334 | -€2.1m | -97.2% |
| Income taxes | 67/77 | €20,737 | €2,268 | -€18,469 | -89.1% |
| Profit (loss) for the period | 9904 | €2,137,718 | €58,066 | -€2.1m | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,137,718 | €58,066 | -€2.1m | -97.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.