PATIAGO: what changed
PATIAGO
Largest movements
- Financial fixed assets +€30,000
up €30,000 (+10.8%), from €278,094 to €308,094
- Reserves +€22,580
up €22,580 (+38.3%), from €58,949 to €81,529
of which Distributable reserves: +€22,580
- Other debts +€17,307
up €17,307, from €0 to €17,307
- Tax, wage and social debts -€6,362
down €6,362 (-37.9%), from €16,771 to €10,410
of which Remuneration and social security: -€4,210
- Financial income -€496,739
down €496,739 (-94.3%), from €526,999 to €30,260
of which Financial income: -€248,740
- Gross operating margin -€10,939
down €10,939 (-50.2%), from €21,784 to €10,845
- Financial charges -€3,060
down €3,060 (-87.7%), from €3,488 to €428
- Taxes -€1,585
down €1,585 (-37.9%), from €4,186 to €2,600
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €307,516 | €342,110 | +€34,594 | +11.2% |
| Fixed assets | 21/28 | €278,094 | €308,094 | +€30,000 | +10.8% |
| Financial fixed assets | 28 | €278,094 | €308,094 | +€30,000 | +10.8% |
| Current assets | 29/58 | €29,422 | €34,016 | +€4,594 | +15.6% |
| Amounts receivable within one year | 40/41 | €6,956 | €9,585 | +€2,629 | +37.8% |
| Other amounts receivable | 41 | €6,956 | €9,585 | +€2,629 | +37.8% |
| Cash at bank and in hand | 54/58 | €22,466 | €24,032 | +€1,566 | +7.0% |
| Deferred charges and accrued income | 490/1 | - | €400 | +€400 | |
| Total equity and liabilities | 10/49 | €307,516 | €342,110 | +€34,594 | +11.2% |
| Equity | 10/15 | €288,949 | €311,529 | +€22,580 | +7.8% |
| Contributions | 10/11 | €230,000 | €230,000 | = | 0.0% |
| Reserves | 13 | €58,949 | €81,529 | +€22,580 | +38.3% |
| Non-distributable reserves | 130/1 | €23,000 | €23,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €23,000 | €23,000 | = | 0.0% |
| Distributable reserves | 133 | €35,949 | €58,529 | +€22,580 | +62.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,567 | €30,581 | +€12,014 | +64.7% |
| Amounts payable within one year | 42/48 | €18,567 | €30,581 | +€12,014 | +64.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,795 | €2,864 | +€1,069 | +59.5% |
| Suppliers | 440/4 | €1,795 | €2,864 | +€1,069 | +59.5% |
| Taxes, remuneration and social security | 45 | €16,771 | €10,410 | -€6,362 | -37.9% |
| Taxes | 450/3 | €12,561 | €10,410 | -€2,152 | -17.1% |
| Remuneration and social security | 454/9 | €4,210 | €0 | -€4,210 | -100% |
| Other amounts payable | 47/48 | €0 | €17,307 | +€17,307 | |
| Other operating charges | 640/8 | €442 | €496 | +€53 | +12.1% |
| Gross operating margin | 9900 | €21,784 | €10,845 | -€10,939 | -50.2% |
| Operating profit (loss) | 9901 | €21,342 | €10,349 | -€10,993 | -51.5% |
| Financial income | 75/76B | €526,999 | €30,260 | -€496,739 | -94.3% |
| Recurring financial income | 75 | €249,000 | €260 | -€248,740 | -99.9% |
| Non-recurring financial income | 76B | €277,999 | €30,000 | -€247,999 | -89.2% |
| Financial charges | 65/66B | €3,488 | €428 | -€3,060 | -87.7% |
| Recurring financial charges | 65 | €3,488 | €428 | -€3,060 | -87.7% |
| Profit (loss) for the period before taxes | 9903 | €544,853 | €40,181 | -€504,672 | -92.6% |
| Income taxes | 67/77 | €4,186 | €2,600 | -€1,585 | -37.9% |
| Profit (loss) for the period | 9904 | €540,667 | €37,580 | -€503,087 | -93.0% |
| Profit (loss) for the period to be appropriated | 9905 | €540,667 | €37,580 | -€503,087 | -93.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.