PATOBO: 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.
PATOBO
Largest movements
- Stocks and contracts +€38,708
up €38,708 (+44.1%), from €87,773 to €126,482
- Tangible fixed assets +€31,590
up €31,590 (+70.9%), from €44,575 to €76,166
of which Plant, machinery and equipment: +€15,977
- Cash -€12,428
down €12,428 (-11.3%), from €110,259 to €97,830
mainly Investment in fixed assets (net) (-€43,800) and Stocks and contracts (-€38,708)
- Deferred charges and accrued income +€9,472
up €9,472, from €0 to €9,472
- Advances received +€42,673
up €42,673 (+17.5%), from €243,443 to €286,116
- Debts after one year +€25,243
up €25,243 (+148.2%), from €17,038 to €42,281
- Current portion of long-term debt +€6,963
up €6,963 (+89.5%), from €7,776 to €14,739
- Gross operating margin -€45,326
down €45,326 (-39.2%), from €115,634 to €70,309
- Taxes -€30,246
down €30,246 (-100.0%), from €30,246 to €0
- Financial income -€24,755
down €24,755 (-69.2%), from €35,772 to €11,017
- Other operating charges +€24,521
up €24,521 (+383.3%), from €6,398 to €30,919
- Staff costs +€6,004
up €6,004 (+17.5%), from €34,273 to €40,277
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 | €590,689 | €662,894 | +€72,206 | +12.2% |
| Fixed assets | 21/28 | €44,785 | €76,376 | +€31,590 | +70.5% |
| Tangible fixed assets | 22/27 | €44,575 | €76,166 | +€31,590 | +70.9% |
| Plant, machinery and equipment | 23 | €14,703 | €30,680 | +€15,977 | +108.7% |
| Furniture and vehicles | 24 | €137 | €0 | -€137 | -100.0% |
| Other tangible fixed assets | 26 | €29,736 | €45,486 | +€15,750 | +53.0% |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €545,903 | €586,519 | +€40,615 | +7.4% |
| Stocks and contracts in progress | 3 | €87,773 | €126,482 | +€38,708 | +44.1% |
| Stocks | 30/36 | €87,773 | €126,482 | +€38,708 | +44.1% |
| Amounts receivable within one year | 40/41 | €347,872 | €352,735 | +€4,863 | +1.4% |
| Trade receivables | 40 | €255,105 | €151,992 | -€103,113 | -40.4% |
| Other amounts receivable | 41 | €92,766 | €200,743 | +€107,976 | +116.4% |
| Cash at bank and in hand | 54/58 | €110,259 | €97,830 | -€12,428 | -11.3% |
| Deferred charges and accrued income | 490/1 | €0 | €9,472 | +€9,472 | |
| Total equity and liabilities | 10/49 | €590,689 | €662,894 | +€72,206 | +12.2% |
| Equity | 10/15 | €218,696 | €215,436 | -€3,259 | -1.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €118,696 | €118,696 | = | 0.0% |
| Distributable reserves | 133 | €118,696 | €118,696 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,259 | -€3,259 | |
| Amounts payable | 17/49 | €371,993 | €447,458 | +€75,465 | +20.3% |
| Amounts payable after more than one year | 17 | €17,038 | €42,281 | +€25,243 | +148.2% |
| Financial debts | 170/4 | €17,038 | €42,281 | +€25,243 | +148.2% |
| Amounts payable within one year | 42/48 | €354,955 | €405,177 | +€50,222 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €7,776 | €14,739 | +€6,963 | +89.5% |
| Trade debts | 44 | €67,732 | €67,819 | +€87 | +0.1% |
| Suppliers | 440/4 | €67,732 | €67,819 | +€87 | +0.1% |
| Advances received on contracts in progress | 46 | €243,443 | €286,116 | +€42,673 | +17.5% |
| Taxes, remuneration and social security | 45 | €35,545 | €36,503 | +€957 | +2.7% |
| Taxes | 450/3 | €33,918 | €28,243 | -€5,675 | -16.7% |
| Remuneration and social security | 454/9 | €1,627 | €8,260 | +€6,632 | +407.6% |
| Other amounts payable | 47/48 | €459 | €0 | -€459 | -100.0% |
| Remuneration, social security and pensions | 62 | €34,273 | €40,277 | +€6,004 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,665 | €12,210 | +€545 | +4.7% |
| Other operating charges | 640/8 | €6,398 | €30,919 | +€24,521 | +383.3% |
| Gross operating margin | 9900 | €115,634 | €70,309 | -€45,326 | -39.2% |
| Operating profit (loss) | 9901 | €63,298 | -€13,097 | -€76,395 | |
| Financial income | 75/76B | €35,772 | €11,017 | -€24,755 | -69.2% |
| Recurring financial income | 75 | €35,772 | €11,017 | -€24,755 | -69.2% |
| Financial charges | 65/66B | €1,620 | €1,179 | -€441 | -27.2% |
| Recurring financial charges | 65 | €1,620 | €1,179 | -€441 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €97,450 | -€3,259 | -€100,710 | |
| Income taxes | 67/77 | €30,246 | €0 | -€30,246 | -100.0% |
| Profit (loss) for the period | 9904 | €67,205 | -€3,259 | -€70,464 | |
| Profit (loss) for the period to be appropriated | 9905 | €67,205 | -€3,259 | -€70,464 |
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 8 October 2026 via checked.be.