PATONZIA: 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.
PATONZIA
Largest movements
- Receivables within one year +€15,952
up €15,952 (+4,905%), from €325 to €16,277
- Cash -€11,953
down €11,953 (-55.7%), from €21,466 to €9,514
mainly Receivables within one year (-€15,952) and Investment in fixed assets (net) (-€10,418)
- Tangible fixed assets -€6,670
down €6,670 (-6.5%), from €102,771 to €96,101
of which Other tangible fixed assets: -€4,533
- Other debts +€14,875
up €14,875 (+47.6%), from €31,277 to €46,152
- Debts after one year -€9,006
down €9,006 (-9.8%), from €91,751 to €82,745
of which Financial debts: -€9,006
- Trade debts -€8,192
down €8,192 (-72.8%), from €11,247 to €3,055
- Profit (loss) carried forward +€3,010
up €3,010 (+4.0%), from -€75,181 to -€72,171
- Tax, wage and social debts -€1,821
down €1,821 (-63.7%), from €2,857 to €1,036
- Gross operating margin +€17,463
up €17,463 (+199%), from €8,787 to €26,249
- Depreciation +€5,658
up €5,658 (+47.5%), from €11,914 to €17,572
- Write-downs -€3,436
no longer reported in 2025 (was €3,436)
- Other operating charges +€1,737
up €1,737 (+79.7%), from €2,180 to €3,917
- Financial charges -€399
down €399 (-23.6%), from €1,693 to €1,294
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 | €128,808 | €125,033 | -€3,775 | -2.9% |
| Fixed assets | 21/28 | €104,478 | €97,323 | -€7,154 | -6.8% |
| Intangible fixed assets | 21 | €1,707 | €1,222 | -€484 | -28.4% |
| Tangible fixed assets | 22/27 | €102,771 | €96,101 | -€6,670 | -6.5% |
| Plant, machinery and equipment | 23 | €1,730 | €247 | -€1,483 | -85.7% |
| Furniture and vehicles | 24 | €36,230 | €35,577 | -€654 | -1.8% |
| Other tangible fixed assets | 26 | €64,811 | €60,277 | -€4,533 | -7.0% |
| Current assets | 29/58 | €24,330 | €27,709 | +€3,379 | +13.9% |
| Amounts receivable within one year | 40/41 | €325 | €16,277 | +€15,952 | +4,905% |
| Trade receivables | 40 | €325 | €16,277 | +€15,952 | +4,905% |
| Cash at bank and in hand | 54/58 | €21,466 | €9,514 | -€11,953 | -55.7% |
| Deferred charges and accrued income | 490/1 | €2,538 | €1,919 | -€620 | -24.4% |
| Total equity and liabilities | 10/49 | €128,808 | €125,033 | -€3,775 | -2.9% |
| Equity | 10/15 | -€64,637 | -€61,627 | +€3,010 | +4.7% |
| Contributions | 10/11 | €8,684 | €8,684 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,181 | -€72,171 | +€3,010 | +4.0% |
| Provisions and deferred taxes | 16 | €44,000 | €44,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €44,000 | €44,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €44,000 | €44,000 | = | 0.0% |
| Amounts payable | 17/49 | €149,445 | €142,659 | -€6,785 | -4.5% |
| Amounts payable after more than one year | 17 | €91,751 | €82,745 | -€9,006 | -9.8% |
| Financial debts | 170/4 | €16,751 | €7,745 | -€9,006 | -53.8% |
| Other amounts payable | 178/9 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €57,306 | €59,499 | +€2,193 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €9,925 | €9,006 | -€918 | -9.3% |
| Trade debts | 44 | €11,247 | €3,055 | -€8,192 | -72.8% |
| Suppliers | 440/4 | €11,247 | €3,055 | -€8,192 | -72.8% |
| Advances received on contracts in progress | 46 | €2,000 | €250 | -€1,750 | -87.5% |
| Taxes, remuneration and social security | 45 | €2,857 | €1,036 | -€1,821 | -63.7% |
| Taxes | 450/3 | €2,857 | €1,036 | -€1,821 | -63.7% |
| Other amounts payable | 47/48 | €31,277 | €46,152 | +€14,875 | +47.6% |
| Accrued charges and deferred income | 492/3 | €387 | €415 | +€28 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,914 | €17,572 | +€5,658 | +47.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,436 | - | -€3,436 | |
| Other operating charges | 640/8 | €2,180 | €3,917 | +€1,737 | +79.7% |
| Non-recurring operating charges | 66A | €9,063 | - | -€9,063 | |
| Gross operating margin | 9900 | €8,787 | €26,249 | +€17,463 | +199% |
| Operating profit (loss) | 9901 | -€17,806 | €4,760 | +€22,566 | |
| Financial income | 75/76B | €65 | €0 | -€65 | -99.7% |
| Recurring financial income | 75 | €65 | €0 | -€65 | -99.7% |
| Financial charges | 65/66B | €1,693 | €1,294 | -€399 | -23.6% |
| Recurring financial charges | 65 | €1,693 | €1,294 | -€399 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | -€19,433 | €3,467 | +€22,900 | |
| Income taxes | 67/77 | €777 | €456 | -€321 | -41.3% |
| Profit (loss) for the period | 9904 | -€20,211 | €3,010 | +€23,221 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,211 | €3,010 | +€23,221 |
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 20 October 2026 via checked.be.