PATHOEKE PLUS: what changed
Two fiscal 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.
PATHOEKE PLUS
Largest movements
- Stocks and contracts +€76,286
new in 2025: €76,286
- Financial fixed assets -€46,487
down €46,487 (-100.0%), from €46,487 to €0
- Tangible fixed assets -€40,000
down €40,000 (-100.0%), from €40,000 to €0
- Receivables within one year +€9,142
up €9,142 (+92.6%), from €9,872 to €19,014
- Profit (loss) carried forward -€6,955
down €6,955 (-138.4%), from -€5,026 to -€11,981
- Debts after one year +€6,491
new in 2025: €6,491
- Trade debts -€1,160
down €1,160 (-35.1%), from €3,303 to €2,143
- Gross operating margin -€3,252
down €3,252 (-82.0%), from -€3,967 to -€7,219
- Financial income -€634
down €634 (-33.0%), from €1,922 to €1,287
- Financial charges -€440
down €440 (-47.0%), from €936 to €496
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 | €99,446 | €97,850 | -€1,596 | -1.6% |
| Fixed assets | 21/28 | €86,487 | €0 | -€86,487 | -100.0% |
| Tangible fixed assets | 22/27 | €40,000 | €0 | -€40,000 | -100.0% |
| Assets under construction and advance payments | 27 | €40,000 | €0 | -€40,000 | -100.0% |
| Financial fixed assets | 28 | €46,487 | €0 | -€46,487 | -100.0% |
| Current assets | 29/58 | €12,958 | €97,850 | +€84,892 | +655.1% |
| Stocks and contracts in progress | 3 | - | €76,286 | +€76,286 | |
| Stocks | 30/36 | - | €76,286 | +€76,286 | |
| Amounts receivable within one year | 40/41 | €9,872 | €19,014 | +€9,142 | +92.6% |
| Other amounts receivable | 41 | €9,872 | €19,014 | +€9,142 | +92.6% |
| Cash at bank and in hand | 54/58 | €1,165 | €1,262 | +€98 | +8.4% |
| Deferred charges and accrued income | 490/1 | €1,922 | €1,287 | -€634 | -33.0% |
| Total equity and liabilities | 10/49 | €99,446 | €97,850 | -€1,596 | -1.6% |
| Equity | 10/15 | €96,143 | €89,188 | -€6,955 | -7.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,169 | €1,169 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,169 | €1,169 | = | 0.0% |
| Legal reserve | 130 | €1,169 | €1,169 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,026 | -€11,981 | -€6,955 | -138.4% |
| Amounts payable | 17/49 | €3,303 | €8,662 | +€5,360 | +162.3% |
| Amounts payable after more than one year | 17 | - | €6,491 | +€6,491 | |
| Financial debts | 170/4 | - | €6,491 | +€6,491 | |
| Amounts payable within one year | 42/48 | €3,303 | €2,143 | -€1,160 | -35.1% |
| Trade debts | 44 | €3,303 | €2,143 | -€1,160 | -35.1% |
| Suppliers | 440/4 | €3,303 | €2,143 | -€1,160 | -35.1% |
| Accrued charges and deferred income | 492/3 | - | €28 | +€28 | |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€3,967 | -€7,219 | -€3,252 | -82.0% |
| Operating profit (loss) | 9901 | -€4,480 | -€7,747 | -€3,266 | -72.9% |
| Financial income | 75/76B | €1,922 | €1,287 | -€634 | -33.0% |
| Recurring financial income | 75 | €1,922 | €1,287 | -€634 | -33.0% |
| Financial charges | 65/66B | €936 | €496 | -€440 | -47.0% |
| Recurring financial charges | 65 | €936 | €496 | -€440 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,494 | -€6,955 | -€3,461 | -99.1% |
| Profit (loss) for the period | 9904 | -€3,494 | -€6,955 | -€3,461 | -99.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,494 | -€6,955 | -€3,461 | -99.1% |
Source: filed annual accounts (NBB), fiscal 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 October 2026 via checked.be.