PATOU SAINT GERMAIN: what changed
PATOU SAINT GERMAIN
Largest movements
- Tangible fixed assets -€9,346
down €9,346 (-15.3%), from €61,216 to €51,870
of which Land and buildings: -€9,111
- Stocks and contracts +€2,347
up €2,347 (+34.6%), from €6,791 to €9,138
- Cash -€2,212
down €2,212 (-36.4%), from €6,079 to €3,867
mainly Debts after one year (-€10,874) and Stocks and contracts (-€2,347)
- Debts after one year -€10,874
down €10,874 (-13.8%), from €78,871 to €67,997
- Current portion of long-term debt +€1,460
up €1,460 (+14.2%), from €10,294 to €11,754
- Tax, wage and social debts -€922
down €922 (-69.8%), from €1,322 to €400
- Gross operating margin -€3,354
down €3,354 (-16.0%), from €20,901 to €17,547
- Financial charges -€938
down €938 (-14.1%), from €6,675 to €5,737
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,596 | €65,805 | -€9,790 | -13.0% |
| Fixed assets | 21/28 | €61,216 | €51,870 | -€9,346 | -15.3% |
| Tangible fixed assets | 22/27 | €61,216 | €51,870 | -€9,346 | -15.3% |
| Land and buildings | 22 | €60,742 | €51,631 | -€9,111 | -15.0% |
| Plant, machinery and equipment | 23 | €474 | €239 | -€235 | -49.5% |
| Current assets | 29/58 | €14,380 | €13,936 | -€444 | -3.1% |
| Stocks and contracts in progress | 3 | €6,791 | €9,138 | +€2,347 | +34.6% |
| Stocks | 30/36 | €6,791 | €9,138 | +€2,347 | +34.6% |
| Amounts receivable within one year | 40/41 | €650 | €58 | -€592 | -91.1% |
| Trade receivables | 40 | €650 | €58 | -€592 | -91.1% |
| Cash at bank and in hand | 54/58 | €6,079 | €3,867 | -€2,212 | -36.4% |
| Deferred charges and accrued income | 490/1 | €860 | €873 | +€13 | +1.5% |
| Total equity and liabilities | 10/49 | €75,596 | €65,805 | -€9,790 | -13.0% |
| Equity | 10/15 | -€22,038 | -€21,578 | +€460 | +2.1% |
| Contributions | 10/11 | €18,630 | €18,630 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,669 | -€40,208 | +€460 | +1.1% |
| Amounts payable | 17/49 | €97,634 | €87,383 | -€10,250 | -10.5% |
| Amounts payable after more than one year | 17 | €78,871 | €67,997 | -€10,874 | -13.8% |
| Financial debts | 170/4 | €78,871 | €67,997 | -€10,874 | -13.8% |
| Amounts payable within one year | 42/48 | €18,763 | €19,387 | +€624 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €10,294 | €11,754 | +€1,460 | +14.2% |
| Trade debts | 44 | €6,823 | €7,155 | +€332 | +4.9% |
| Suppliers | 440/4 | €6,823 | €7,155 | +€332 | +4.9% |
| Taxes, remuneration and social security | 45 | €1,322 | €400 | -€922 | -69.8% |
| Taxes | 450/3 | €1,322 | €400 | -€922 | -69.8% |
| Other amounts payable | 47/48 | €325 | €79 | -€246 | -75.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,346 | €9,346 | = | 0.0% |
| Other operating charges | 640/8 | €1,942 | €2,003 | +€61 | +3.2% |
| Gross operating margin | 9900 | €20,901 | €17,547 | -€3,354 | -16.0% |
| Operating profit (loss) | 9901 | €9,613 | €6,197 | -€3,415 | -35.5% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €6,675 | €5,737 | -€938 | -14.1% |
| Recurring financial charges | 65 | €6,675 | €5,737 | -€938 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €2,939 | €460 | -€2,479 | -84.3% |
| Profit (loss) for the period | 9904 | €2,939 | €460 | -€2,479 | -84.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,939 | €460 | -€2,479 | -84.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.