PATRICK DEXTERS: 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.
PATRICK DEXTERS
Largest movements
- Current investments +€32,387
up €32,387 (+14.2%), from €228,169 to €260,556
- Cash +€16,282
up €16,282 (+33.3%), from €48,952 to €65,234
mainly Net result for the year (+€45,632) and Depreciation (+€8,601)
- Tangible fixed assets -€8,601
down €8,601 (-25.4%), from €33,837 to €25,235
of which Furniture and vehicles: -€7,785
- Reserves +€45,632
up €45,632 (+14.3%), from €320,166 to €365,798
- Financial charges +€5,839
up €5,839 (+71.4%), from -€8,180 to -€2,342
- Depreciation +€4,984
up €4,984 (+137.8%), from €3,617 to €8,601
- Gross operating margin -€3,610
down €3,610 (-93.5%), from -€3,863 to -€7,474
- Financial income +€1,890
up €1,890 (+3.0%), from €63,986 to €65,875
of which Financial income: +€951
- Other operating charges -€1,383
down €1,383 (-46.7%), from €2,964 to €1,581
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 | €344,853 | €387,738 | +€42,884 | +12.4% |
| Fixed assets | 21/28 | €53,837 | €45,235 | -€8,601 | -16.0% |
| Tangible fixed assets | 22/27 | €33,837 | €25,235 | -€8,601 | -25.4% |
| Plant, machinery and equipment | 23 | €1,058 | €242 | -€817 | -77.2% |
| Furniture and vehicles | 24 | €32,779 | €24,994 | -€7,785 | -23.7% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €291,016 | €342,502 | +€51,486 | +17.7% |
| Amounts receivable within one year | 40/41 | €12,858 | €15,839 | +€2,981 | +23.2% |
| Trade receivables | 40 | €1,032 | €1,032 | = | 0.0% |
| Other amounts receivable | 41 | €11,826 | €14,807 | +€2,981 | +25.2% |
| Current investments | 50/53 | €228,169 | €260,556 | +€32,387 | +14.2% |
| Cash at bank and in hand | 54/58 | €48,952 | €65,234 | +€16,282 | +33.3% |
| Deferred charges and accrued income | 490/1 | €1,039 | €875 | -€164 | -15.8% |
| Total equity and liabilities | 10/49 | €344,853 | €387,738 | +€42,884 | +12.4% |
| Equity | 10/15 | €338,766 | €384,398 | +€45,632 | +13.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €320,166 | €365,798 | +€45,632 | +14.3% |
| Distributable reserves | 133 | €320,166 | €365,798 | +€45,632 | +14.3% |
| Amounts payable | 17/49 | €6,088 | €3,340 | -€2,748 | -45.1% |
| Amounts payable within one year | 42/48 | €6,088 | €3,340 | -€2,748 | -45.1% |
| Trade debts | 44 | €730 | - | -€730 | |
| Suppliers | 440/4 | €730 | - | -€730 | |
| Taxes, remuneration and social security | 45 | €5,357 | €3,340 | -€2,017 | -37.7% |
| Taxes | 450/3 | €5,357 | €3,340 | -€2,017 | -37.7% |
| Non-recurring operating income | 76A | €3,620 | - | -€3,620 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,617 | €8,601 | +€4,984 | +137.8% |
| Other operating charges | 640/8 | €2,964 | €1,581 | -€1,383 | -46.7% |
| Gross operating margin | 9900 | -€3,863 | -€7,474 | -€3,610 | -93.5% |
| Operating profit (loss) | 9901 | -€10,444 | -€17,656 | -€7,212 | -69.1% |
| Financial income | 75/76B | €63,986 | €65,875 | +€1,890 | +3.0% |
| Recurring financial income | 75 | €63,986 | €64,937 | +€951 | +1.5% |
| Non-recurring financial income | 76B | - | €939 | +€939 | |
| Financial charges | 65/66B | -€8,180 | -€2,342 | +€5,839 | +71.4% |
| Recurring financial charges | 65 | -€8,180 | -€2,342 | +€5,839 | +71.4% |
| Profit (loss) for the period before taxes | 9903 | €61,722 | €50,561 | -€11,161 | -18.1% |
| Income taxes | 67/77 | €5,922 | €4,929 | -€993 | -16.8% |
| Profit (loss) for the period | 9904 | €55,800 | €45,632 | -€10,168 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €55,800 | €45,632 | -€10,168 | -18.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.