PATINÉ: 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.
PATINÉ
Largest movements
- Cash +€84,646
up €84,646 (+197.4%), from €42,871 to €127,517
mainly Receivables within one year (+€45,182) and Net result for the year (+€33,943)
- Receivables within one year -€45,182
down €45,182 (-45.6%), from €99,081 to €53,899
of which Trade receivables: -€47,467
- Tangible fixed assets +€22,797
up €22,797 (+344.4%), from €6,620 to €29,416
of which Leasing and similar rights: +€27,951
- Intangible fixed assets -€6,000
down €6,000 (-32.6%), from €18,411 to €12,411
- Reserves +€33,943
up €33,943 (+33.2%), from €102,189 to €136,132
- Debts after one year +€15,064
new in 2025: €15,064
- Tax, wage and social debts +€8,274
up €8,274 (+68.6%), from €12,064 to €20,338
- Trade debts -€7,444
down €7,444 (-42.8%), from €17,386 to €9,942
- Other debts +€5,397
up €5,397 (+29.7%), from €18,194 to €23,591
- Gross operating margin -€43,606
down €43,606 (-43.5%), from €100,225 to €56,619
- Taxes -€9,630
down €9,630 (-52.1%), from €18,498 to €8,868
- Depreciation +€2,548
up €2,548 (+33.6%), from €7,589 to €10,137
- Financial charges +€1,764
up €1,764 (+418.0%), from €422 to €2,186
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 | €168,133 | €225,651 | +€57,518 | +34.2% |
| Fixed assets | 21/28 | €25,031 | €41,827 | +€16,797 | +67.1% |
| Intangible fixed assets | 21 | €18,411 | €12,411 | -€6,000 | -32.6% |
| Tangible fixed assets | 22/27 | €6,620 | €29,416 | +€22,797 | +344.4% |
| Furniture and vehicles | 24 | €6,620 | €1,466 | -€5,154 | -77.9% |
| Leasing and similar rights | 25 | - | €27,951 | +€27,951 | |
| Current assets | 29/58 | €143,103 | €183,823 | +€40,721 | +28.5% |
| Amounts receivable within one year | 40/41 | €99,081 | €53,899 | -€45,182 | -45.6% |
| Trade receivables | 40 | €90,067 | €42,600 | -€47,467 | -52.7% |
| Other amounts receivable | 41 | €9,014 | €11,299 | +€2,285 | +25.3% |
| Cash at bank and in hand | 54/58 | €42,871 | €127,517 | +€84,646 | +197.4% |
| Deferred charges and accrued income | 490/1 | €1,151 | €2,407 | +€1,256 | +109.2% |
| Total equity and liabilities | 10/49 | €168,133 | €225,651 | +€57,518 | +34.2% |
| Equity | 10/15 | €117,189 | €151,132 | +€33,943 | +29.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €102,189 | €136,132 | +€33,943 | +33.2% |
| Distributable reserves | 133 | €102,189 | €136,132 | +€33,943 | +33.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €50,944 | €74,519 | +€23,575 | +46.3% |
| Amounts payable after more than one year | 17 | - | €15,064 | +€15,064 | |
| Financial debts | 170/4 | - | €15,064 | +€15,064 | |
| Amounts payable within one year | 42/48 | €47,644 | €57,976 | +€10,332 | +21.7% |
| Current portion of amounts payable after more than one year | 42 | - | €4,104 | +€4,104 | |
| Trade debts | 44 | €17,386 | €9,942 | -€7,444 | -42.8% |
| Suppliers | 440/4 | €17,386 | €9,942 | -€7,444 | -42.8% |
| Taxes, remuneration and social security | 45 | €12,064 | €20,338 | +€8,274 | +68.6% |
| Taxes | 450/3 | €12,064 | €20,338 | +€8,274 | +68.6% |
| Other amounts payable | 47/48 | €18,194 | €23,591 | +€5,397 | +29.7% |
| Accrued charges and deferred income | 492/3 | €3,300 | €1,479 | -€1,821 | -55.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,589 | €10,137 | +€2,548 | +33.6% |
| Other operating charges | 640/8 | €1,794 | €1,505 | -€289 | -16.1% |
| Gross operating margin | 9900 | €100,225 | €56,619 | -€43,606 | -43.5% |
| Operating profit (loss) | 9901 | €90,842 | €44,977 | -€45,866 | -50.5% |
| Financial income | 75/76B | €2 | €20 | +€18 | +784.9% |
| Recurring financial income | 75 | €2 | €20 | +€18 | +784.9% |
| Financial charges | 65/66B | €422 | €2,186 | +€1,764 | +418.0% |
| Recurring financial charges | 65 | €422 | €2,186 | +€1,764 | +418.0% |
| Profit (loss) for the period before taxes | 9903 | €90,423 | €42,811 | -€47,612 | -52.7% |
| Income taxes | 67/77 | €18,498 | €8,868 | -€9,630 | -52.1% |
| Profit (loss) for the period | 9904 | €71,924 | €33,943 | -€37,982 | -52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €71,924 | €33,943 | -€37,982 | -52.8% |
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 30 September 2026 via checked.be.