PATIM: 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.
PATIM
Largest movements
- Cash -€24,619
down €24,619 (-58.1%), from €42,386 to €17,767
mainly Investment in fixed assets (net) (-€41,476) and Current portion of long-term debt (-€9,655)
- Tangible fixed assets +€14,867
up €14,867 (+5.5%), from €270,397 to €285,264
of which Land and buildings: +€23,465
- Current portion of long-term debt -€9,655
down €9,655 (-84.2%), from €11,464 to €1,809
- Depreciation -€4,858
down €4,858 (-15.4%), from €31,467 to €26,609
- Gross operating margin +€3,594
up €3,594 (+11.2%), from €32,012 to €35,606
- Other operating charges +€573
up €573 (+11.7%), from €4,879 to €5,451
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 | €312,904 | €303,031 | -€9,872 | -3.2% |
| Fixed assets | 21/28 | €270,397 | €285,264 | +€14,867 | +5.5% |
| Tangible fixed assets | 22/27 | €270,397 | €285,264 | +€14,867 | +5.5% |
| Land and buildings | 22 | €253,814 | €277,279 | +€23,465 | +9.2% |
| Furniture and vehicles | 24 | €16,583 | €7,985 | -€8,598 | -51.8% |
| Current assets | 29/58 | €42,506 | €17,767 | -€24,739 | -58.2% |
| Cash at bank and in hand | 54/58 | €42,386 | €17,767 | -€24,619 | -58.1% |
| Deferred charges and accrued income | 490/1 | €120 | - | -€120 | |
| Total equity and liabilities | 10/49 | €312,904 | €303,031 | -€9,872 | -3.2% |
| Equity | 10/15 | €47,152 | €50,071 | +€2,920 | +6.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €150 | €150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €150 | €150 | = | 0.0% |
| Legal reserve | 130 | €150 | €150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,998 | -€12,079 | +€2,920 | +19.5% |
| Amounts payable | 17/49 | €265,752 | €252,960 | -€12,792 | -4.8% |
| Amounts payable after more than one year | 17 | €1,809 | - | -€1,809 | |
| Financial debts | 170/4 | €1,809 | - | -€1,809 | |
| Amounts payable within one year | 42/48 | €261,638 | €251,985 | -€9,653 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €11,464 | €1,809 | -€9,655 | -84.2% |
| Taxes, remuneration and social security | 45 | €174 | €176 | +€2 | +1.0% |
| Taxes | 450/3 | €174 | €176 | +€2 | +1.0% |
| Other amounts payable | 47/48 | €250,000 | €250,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,305 | €975 | -€1,330 | -57.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,467 | €26,609 | -€4,858 | -15.4% |
| Other operating charges | 640/8 | €4,879 | €5,451 | +€573 | +11.7% |
| Gross operating margin | 9900 | €32,012 | €35,606 | +€3,594 | +11.2% |
| Operating profit (loss) | 9901 | -€4,334 | €3,545 | +€7,879 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €571 | €452 | -€119 | -20.9% |
| Recurring financial charges | 65 | €571 | €452 | -€119 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,906 | €3,096 | +€8,001 | |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | -€5,080 | €2,920 | +€8,000 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,080 | €2,920 | +€8,000 |
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 3 October 2026 via checked.be.