PATIVEST: 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.
PATIVEST
Largest movements
- Receivables within one year +€11,893
up €11,893 (+22.3%), from €53,344 to €65,238
of which Trade receivables: +€8,488
- Tangible fixed assets -€6,485
down €6,485 (-75.4%), from €8,601 to €2,116
- Tax, wage and social debts +€6,353
up €6,353 (+164%), from €3,879 to €10,232
- Trade debts -€1,964
down €1,964 (-68.9%), from €2,851 to €886
- Reserves +€1,000
up €1,000 (+1.9%), from €53,645 to €54,645
of which Distributable reserves: +€1,000
- Provisions +€2,500
no longer reported in 2025 (was -€2,500)
- Financial income -€2,376
no longer reported in 2025 (was €2,376)
- Taxes -€2,316
down €2,316 (-35.3%), from €6,561 to €4,245
- Gross operating margin -€410
down €410 (-2.7%), from €14,936 to €14,526
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 | €85,053 | €90,096 | +€5,043 | +5.9% |
| Fixed assets | 21/28 | €8,601 | €2,116 | -€6,485 | -75.4% |
| Tangible fixed assets | 22/27 | €8,601 | €2,116 | -€6,485 | -75.4% |
| Furniture and vehicles | 24 | €8,601 | €2,116 | -€6,485 | -75.4% |
| Current assets | 29/58 | €76,451 | €87,980 | +€11,528 | +15.1% |
| Amounts receivable within one year | 40/41 | €53,344 | €65,238 | +€11,893 | +22.3% |
| Trade receivables | 40 | €8,767 | €17,255 | +€8,488 | +96.8% |
| Other amounts receivable | 41 | €44,578 | €47,983 | +€3,405 | +7.6% |
| Cash at bank and in hand | 54/58 | €23,107 | €22,742 | -€365 | -1.6% |
| Total equity and liabilities | 10/49 | €85,053 | €90,096 | +€5,043 | +5.9% |
| Equity | 10/15 | €75,823 | €76,477 | +€655 | +0.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €53,645 | €54,645 | +€1,000 | +1.9% |
| Tax-exempt reserves | 132 | €13,645 | €13,645 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €41,000 | +€1,000 | +2.5% |
| Profit (loss) carried forward | 14 | €2,178 | €1,832 | -€345 | -15.9% |
| Provisions and deferred taxes | 16 | €2,500 | €2,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,500 | €2,500 | = | 0.0% |
| Other liabilities and charges | 164/5 | €2,500 | €2,500 | = | 0.0% |
| Amounts payable | 17/49 | €6,730 | €11,119 | +€4,389 | +65.2% |
| Amounts payable within one year | 42/48 | €6,730 | €11,119 | +€4,389 | +65.2% |
| Trade debts | 44 | €2,851 | €886 | -€1,964 | -68.9% |
| Suppliers | 440/4 | €2,851 | €886 | -€1,964 | -68.9% |
| Taxes, remuneration and social security | 45 | €3,879 | €10,232 | +€6,353 | +164% |
| Taxes | 450/3 | €3,879 | €10,232 | +€6,353 | +164% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,485 | €6,485 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,500 | - | +€2,500 | |
| Other operating charges | 640/8 | €618 | €718 | +€100 | +16.2% |
| Gross operating margin | 9900 | €14,936 | €14,526 | -€410 | -2.7% |
| Operating profit (loss) | 9901 | €10,333 | €7,323 | -€3,010 | -29.1% |
| Financial income | 75/76B | €2,376 | - | -€2,376 | |
| Recurring financial income | 75 | €2,376 | - | -€2,376 | |
| Financial charges | 65/66B | €10 | €73 | +€63 | +641% |
| Recurring financial charges | 65 | €10 | €73 | +€63 | +641% |
| Profit (loss) for the period before taxes | 9903 | €12,700 | €7,250 | -€5,450 | -42.9% |
| Income taxes | 67/77 | €6,561 | €4,245 | -€2,316 | -35.3% |
| Profit (loss) for the period | 9904 | €6,138 | €3,005 | -€3,134 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,138 | €3,005 | -€3,134 | -51.1% |
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 17 October 2026 via checked.be.