PATICO: 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.
PATICO
Largest movements
- Financial fixed assets +€191,400
up €191,400 (+1320.0%), from €14,500 to €205,900
- Cash -€102,054
down €102,054 (-99.8%), from €102,252 to €198
mainly Investment in fixed assets (net) (-€191,400) and Tax, wage and social debts (-€5,361)
- Receivables within one year -€83,553
down €83,553 (-29.5%), from €283,234 to €199,681
- Trade debts +€6,834
up €6,834 (+1218.8%), from €561 to €7,394
- Tax, wage and social debts -€5,361
down €5,361 (-65.2%), from €8,223 to €2,862
- Financial income -€381,088
down €381,088 (-94.2%), from €404,682 to €23,595
- Gross operating margin +€4,777
up €4,777 (+21.9%), from -€21,787 to -€17,011
- Depreciation +€1,653
up €1,653 (+79.9%), from €2,069 to €3,722
- Taxes -€462
down €462 (-41.7%), from €1,108 to €646
- Financial charges -€278
down €278 (-32.4%), from €859 to €581
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €416,642 | €418,354 | +€1,712 | +0.4% |
| Fixed assets | 21/28 | €30,797 | €218,475 | +€187,678 | +609.4% |
| Tangible fixed assets | 22/27 | €16,297 | €12,575 | -€3,722 | -22.8% |
| Furniture and vehicles | 24 | €16,297 | €12,575 | -€3,722 | -22.8% |
| Financial fixed assets | 28 | €14,500 | €205,900 | +€191,400 | +1320.0% |
| Current assets | 29/58 | €385,845 | €199,879 | -€185,966 | -48.2% |
| Amounts receivable within one year | 40/41 | €283,234 | €199,681 | -€83,553 | -29.5% |
| Other amounts receivable | 41 | €283,234 | €199,681 | -€83,553 | -29.5% |
| Cash at bank and in hand | 54/58 | €102,252 | €198 | -€102,054 | -99.8% |
| Deferred charges and accrued income | 490/1 | €359 | - | -€359 | |
| Total equity and liabilities | 10/49 | €416,642 | €418,354 | +€1,712 | +0.4% |
| Equity | 10/15 | €407,450 | €407,697 | +€248 | +0.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €404,450 | €404,697 | +€248 | +0.1% |
| Amounts payable | 17/49 | €9,193 | €10,657 | +€1,464 | +15.9% |
| Amounts payable within one year | 42/48 | €9,193 | €10,657 | +€1,464 | +15.9% |
| Financial debts | 43 | €9 | - | -€9 | |
| Credit institutions | 430/8 | €9 | - | -€9 | |
| Trade debts | 44 | €561 | €7,394 | +€6,834 | +1218.8% |
| Suppliers | 440/4 | €561 | €7,394 | +€6,834 | +1218.8% |
| Taxes, remuneration and social security | 45 | €8,223 | €2,862 | -€5,361 | -65.2% |
| Taxes | 450/3 | €8,223 | €2,862 | -€5,361 | -65.2% |
| Other amounts payable | 47/48 | €400 | €400 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,069 | €3,722 | +€1,653 | +79.9% |
| Other operating charges | 640/8 | €1,205 | €1,388 | +€183 | +15.2% |
| Gross operating margin | 9900 | -€21,787 | -€17,011 | +€4,777 | +21.9% |
| Operating profit (loss) | 9901 | -€25,061 | -€22,120 | +€2,941 | +11.7% |
| Financial income | 75/76B | €404,682 | €23,595 | -€381,088 | -94.2% |
| Recurring financial income | 75 | €404,682 | €23,595 | -€381,088 | -94.2% |
| Financial charges | 65/66B | €859 | €581 | -€278 | -32.4% |
| Recurring financial charges | 65 | €859 | €581 | -€278 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €378,762 | €894 | -€377,869 | -99.8% |
| Income taxes | 67/77 | €1,108 | €646 | -€462 | -41.7% |
| Profit (loss) for the period | 9904 | €377,655 | €248 | -€377,407 | -99.9% |
| Profit (loss) for the period to be appropriated | 9905 | €377,655 | €248 | -€377,407 | -99.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.