PATIGMO: 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.
PATIGMO
Largest movements
- Tangible fixed assets -€10,481
down €10,481 (-7.5%), from €140,256 to €129,774
- Cash +€10,440
up €10,440 (+21.2%), from €49,167 to €59,607
mainly Net result for the year (+€23,263) and Depreciation (+€10,481)
- Reserves +€23,263
up €23,263 (+21.6%), from €107,541 to €130,804
of which Distributable reserves: +€23,263
- Other debts -€22,105
down €22,105 (-95.3%), from €23,196 to €1,091
- Depreciation -€4,800
down €4,800 (-31.4%), from €15,281 to €10,481
- Gross operating margin -€2,479
down €2,479 (-4.9%), from €50,217 to €47,738
- Taxes +€864
up €864 (+8.5%), from €10,163 to €11,027
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
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 | €197,136 | €198,934 | +€1,798 | +0.9% |
| Fixed assets | 21/28 | €140,256 | €129,774 | -€10,481 | -7.5% |
| Tangible fixed assets | 22/27 | €140,256 | €129,774 | -€10,481 | -7.5% |
| Land and buildings | 22 | €140,256 | €129,774 | -€10,481 | -7.5% |
| Current assets | 29/58 | €56,880 | €69,160 | +€12,279 | +21.6% |
| Amounts receivable within one year | 40/41 | €7,713 | €9,553 | +€1,839 | +23.8% |
| Trade receivables | 40 | €7,713 | €7,239 | -€474 | -6.1% |
| Other amounts receivable | 41 | - | €2,313 | +€2,313 | |
| Cash at bank and in hand | 54/58 | €49,167 | €59,607 | +€10,440 | +21.2% |
| Total equity and liabilities | 10/49 | €197,136 | €198,934 | +€1,798 | +0.9% |
| Equity | 10/15 | €169,159 | €192,422 | +€23,263 | +13.8% |
| Contributions | 10/11 | €61,618 | €61,618 | = | 0.0% |
| Capital | 10 | €61,618 | €61,618 | = | 0.0% |
| Issued capital | 100 | €61,618 | €61,618 | = | 0.0% |
| Reserves | 13 | €107,541 | €130,804 | +€23,263 | +21.6% |
| Non-distributable reserves | 130/1 | €6,162 | €6,162 | = | 0.0% |
| Legal reserve | 130 | €6,162 | €6,162 | = | 0.0% |
| Distributable reserves | 133 | €101,380 | €124,642 | +€23,263 | +22.9% |
| Amounts payable | 17/49 | €27,976 | €6,512 | -€21,464 | -76.7% |
| Amounts payable within one year | 42/48 | €27,976 | €6,512 | -€21,464 | -76.7% |
| Trade debts | 44 | €310 | - | -€310 | |
| Suppliers | 440/4 | €310 | - | -€310 | |
| Taxes, remuneration and social security | 45 | €4,470 | €5,421 | +€950 | +21.3% |
| Taxes | 450/3 | €4,470 | €5,421 | +€950 | +21.3% |
| Other amounts payable | 47/48 | €23,196 | €1,091 | -€22,105 | -95.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,281 | €10,481 | -€4,800 | -31.4% |
| Other operating charges | 640/8 | €2,961 | €3,073 | +€112 | +3.8% |
| Gross operating margin | 9900 | €50,217 | €47,738 | -€2,479 | -4.9% |
| Operating profit (loss) | 9901 | €31,974 | €34,184 | +€2,210 | +6.9% |
| Financial income | 75/76B | €0 | €136 | +€136 | +678,650% |
| Recurring financial income | 75 | €0 | €136 | +€136 | +678,650% |
| Financial charges | 65/66B | €33 | €29 | -€3 | -10.4% |
| Recurring financial charges | 65 | €33 | €29 | -€3 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €31,942 | €34,290 | +€2,349 | +7.4% |
| Income taxes | 67/77 | €10,163 | €11,027 | +€864 | +8.5% |
| Profit (loss) for the period | 9904 | €21,778 | €23,263 | +€1,484 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,778 | €23,263 | +€1,484 | +6.8% |
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 23 October 2026 via checked.be.