PATIN 2.0: 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.
PATIN 2.0
Largest movements
- Tangible fixed assets -€39,567
down €39,567 (-2.7%), from €1.5m to €1.4m
- Cash -€17,915
down €17,915 (-90.3%), from €19,845 to €1,930
mainly Debts after one year (-€60,151) and Net result for the year (-€18,267)
- Debts after one year -€60,151
down €60,151 (-5.2%), from €1.2m to €1.1m
- Other debts +€20,000
up €20,000 (+6.3%), from €320,000 to €340,000
- Profit (loss) carried forward -€18,267
down €18,267 (-28.6%), from -€63,851 to -€82,119
- Other operating charges -€5,504
down €5,504 (-45.0%), from €12,241 to €6,737
- Gross operating margin +€2,956
up €2,956 (+6.0%), from €49,029 to €51,985
- Financial charges -€1,150
down €1,150 (-4.6%), from €25,160 to €24,011
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 | €1,479,504 | €1,422,115 | -€57,388 | -3.9% |
| Fixed assets | 21/28 | €1,457,723 | €1,418,157 | -€39,567 | -2.7% |
| Tangible fixed assets | 22/27 | €1,457,723 | €1,418,157 | -€39,567 | -2.7% |
| Land and buildings | 22 | €1,457,723 | €1,418,157 | -€39,567 | -2.7% |
| Current assets | 29/58 | €21,780 | €3,959 | -€17,821 | -81.8% |
| Amounts receivable within one year | 40/41 | €1,112 | €1,174 | +€62 | +5.6% |
| Other amounts receivable | 41 | €1,112 | €1,174 | +€62 | +5.6% |
| Cash at bank and in hand | 54/58 | €19,845 | €1,930 | -€17,915 | -90.3% |
| Deferred charges and accrued income | 490/1 | €824 | €855 | +€32 | +3.9% |
| Total equity and liabilities | 10/49 | €1,479,504 | €1,422,115 | -€57,388 | -3.9% |
| Equity | 10/15 | -€63,851 | -€82,119 | -€18,267 | -28.6% |
| Profit (loss) carried forward | 14 | -€63,851 | -€82,119 | -€18,267 | -28.6% |
| Amounts payable | 17/49 | €1,543,355 | €1,504,234 | -€39,121 | -2.5% |
| Amounts payable after more than one year | 17 | €1,163,675 | €1,103,524 | -€60,151 | -5.2% |
| Financial debts | 170/4 | €1,163,675 | €1,103,524 | -€60,151 | -5.2% |
| Amounts payable within one year | 42/48 | €379,679 | €400,709 | +€21,030 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €58,963 | €60,151 | +€1,188 | +2.0% |
| Trade debts | 44 | €717 | €558 | -€158 | -22.1% |
| Suppliers | 440/4 | €717 | €558 | -€158 | -22.1% |
| Other amounts payable | 47/48 | €320,000 | €340,000 | +€20,000 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,567 | €39,567 | = | 0.0% |
| Other operating charges | 640/8 | €12,241 | €6,737 | -€5,504 | -45.0% |
| Gross operating margin | 9900 | €49,029 | €51,985 | +€2,956 | +6.0% |
| Operating profit (loss) | 9901 | -€2,779 | €5,682 | +€8,460 | |
| Financial income | 75/76B | €65 | €62 | -€3 | -5.3% |
| Recurring financial income | 75 | €65 | €62 | -€3 | -5.3% |
| Financial charges | 65/66B | €25,160 | €24,011 | -€1,150 | -4.6% |
| Recurring financial charges | 65 | €25,160 | €24,011 | -€1,150 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€27,874 | -€18,267 | +€9,606 | +34.5% |
| Profit (loss) for the period | 9904 | -€27,874 | -€18,267 | +€9,606 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,874 | -€18,267 | +€9,606 | +34.5% |
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 25 October 2026 via checked.be.