Patho Broeckx: 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.
Patho Broeckx
Largest movements
- Current investments +€60,457
up €60,457 (+37.8%), from €160,043 to €220,501
- Cash +€52,671
up €52,671 (+38.4%), from €137,252 to €189,923
mainly Net result for the year (+€145,421) and Depreciation (+€25,829)
- Deferred charges and accrued income +€31,484
up €31,484 (+935.4%), from €3,366 to €34,849
- Tangible fixed assets -€15,636
down €15,636 (-14.9%), from €105,108 to €89,472
- Profit (loss) carried forward +€145,421
up €145,421 (+61.7%), from €235,768 to €381,189
- Debts after one year -€18,862
down €18,862 (-29.3%), from €64,328 to €45,466
- Tax, wage and social debts +€6,466
up €6,466 (+9.0%), from €71,739 to €78,205
- Gross operating margin +€59,466
up €59,466 (+37.9%), from €156,872 to €216,338
- Taxes +€12,598
up €12,598 (+42.6%), from €29,586 to €42,184
- Depreciation +€8,639
up €8,639 (+50.3%), from €17,190 to €25,829
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 | €406,269 | €534,745 | +€128,476 | +31.6% |
| Fixed assets | 21/28 | €105,108 | €89,472 | -€15,636 | -14.9% |
| Tangible fixed assets | 22/27 | €105,108 | €89,472 | -€15,636 | -14.9% |
| Furniture and vehicles | 24 | €105,108 | €89,472 | -€15,636 | -14.9% |
| Current assets | 29/58 | €301,161 | €445,273 | +€144,112 | +47.9% |
| Amounts receivable within one year | 40/41 | €500 | - | -€500 | |
| Trade receivables | 40 | €500 | - | -€500 | |
| Current investments | 50/53 | €160,043 | €220,501 | +€60,457 | +37.8% |
| Cash at bank and in hand | 54/58 | €137,252 | €189,923 | +€52,671 | +38.4% |
| Deferred charges and accrued income | 490/1 | €3,366 | €34,849 | +€31,484 | +935.4% |
| Total equity and liabilities | 10/49 | €406,269 | €534,745 | +€128,476 | +31.6% |
| Equity | 10/15 | €240,768 | €386,189 | +€145,421 | +60.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €235,768 | €381,189 | +€145,421 | +61.7% |
| Amounts payable | 17/49 | €165,501 | €148,556 | -€16,945 | -10.2% |
| Amounts payable after more than one year | 17 | €64,328 | €45,466 | -€18,862 | -29.3% |
| Financial debts | 170/4 | €64,328 | €45,466 | -€18,862 | -29.3% |
| Amounts payable within one year | 42/48 | €101,173 | €103,090 | +€1,917 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €18,083 | €18,862 | +€779 | +4.3% |
| Trade debts | 44 | €5,792 | €5,294 | -€498 | -8.6% |
| Suppliers | 440/4 | €5,792 | €5,294 | -€498 | -8.6% |
| Taxes, remuneration and social security | 45 | €71,739 | €78,205 | +€6,466 | +9.0% |
| Taxes | 450/3 | €71,739 | €78,205 | +€6,466 | +9.0% |
| Other amounts payable | 47/48 | €5,559 | €728 | -€4,831 | -86.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,190 | €25,829 | +€8,639 | +50.3% |
| Other operating charges | 640/8 | €266 | €255 | -€12 | -4.5% |
| Gross operating margin | 9900 | €156,872 | €216,338 | +€59,466 | +37.9% |
| Operating profit (loss) | 9901 | €139,416 | €190,254 | +€50,838 | +36.5% |
| Financial income | 75/76B | €62 | €653 | +€591 | +950.2% |
| Recurring financial income | 75 | €62 | €653 | +€591 | +950.2% |
| Financial charges | 65/66B | €2,938 | €3,303 | +€365 | +12.4% |
| Recurring financial charges | 65 | €2,938 | €3,303 | +€365 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | €136,541 | €187,605 | +€51,065 | +37.4% |
| Income taxes | 67/77 | €29,586 | €42,184 | +€12,598 | +42.6% |
| Profit (loss) for the period | 9904 | €106,955 | €145,421 | +€38,467 | +36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €106,955 | €145,421 | +€38,467 | +36.0% |
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.