Patrick Gigante Consult: 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.
Patrick Gigante Consult
Largest movements
- Receivables within one year -€19,064
down €19,064 (-93.5%), from €20,379 to €1,315
of which Trade receivables: -€11,920
- Current investments +€16,512
up €16,512 (+1,625%), from €1,016 to €17,529
- Cash -€9,215
down €9,215 (-31.7%), from €29,081 to €19,867
mainly Contributions, distributions and other (-€19,867) and Current investments (-€16,512)
- Profit (loss) carried forward -€20,777
down €20,777 (-100%), from €20,777 to €0
- Reserves +€17,680
up €17,680 (+60.2%), from €29,388 to €47,068
- Debts after one year -€7,170
down €7,170 (-6.0%), from €118,959 to €111,789
- Gross operating margin -€7,913
down €7,913 (-19.3%), from €41,070 to €33,157
- Taxes -€1,343
down €1,343 (-18.2%), from €7,397 to €6,055
- Financial income -€530
down €530 (-97.8%), from €542 to €12
- Other operating charges -€481
down €481 (-39.6%), from €1,214 to €733
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 | €205,619 | €194,614 | -€11,006 | -5.4% |
| Fixed assets | 21/28 | €155,142 | €155,208 | +€66 | 0.0% |
| Tangible fixed assets | 22/27 | €155,142 | €155,208 | +€66 | 0.0% |
| Land and buildings | 22 | €150,253 | €150,130 | -€123 | -0.1% |
| Plant, machinery and equipment | 23 | €1,452 | €80 | -€1,372 | -94.5% |
| Furniture and vehicles | 24 | €3,437 | €4,998 | +€1,561 | +45.4% |
| Current assets | 29/58 | €50,477 | €39,405 | -€11,072 | -21.9% |
| Amounts receivable within one year | 40/41 | €20,379 | €1,315 | -€19,064 | -93.5% |
| Trade receivables | 40 | €11,920 | €0 | -€11,920 | -100% |
| Other amounts receivable | 41 | €8,459 | €1,315 | -€7,144 | -84.5% |
| Current investments | 50/53 | €1,016 | €17,529 | +€16,512 | +1,625% |
| Cash at bank and in hand | 54/58 | €29,081 | €19,867 | -€9,215 | -31.7% |
| Deferred charges and accrued income | 490/1 | €0 | €695 | +€695 | |
| Total equity and liabilities | 10/49 | €205,619 | €194,614 | -€11,006 | -5.4% |
| Equity | 10/15 | €60,165 | €57,068 | -€3,097 | -5.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €29,388 | €47,068 | +€17,680 | +60.2% |
| Distributable reserves | 133 | €29,388 | €47,068 | +€17,680 | +60.2% |
| Profit (loss) carried forward | 14 | €20,777 | €0 | -€20,777 | -100% |
| Amounts payable | 17/49 | €145,454 | €137,546 | -€7,908 | -5.4% |
| Amounts payable after more than one year | 17 | €118,959 | €111,789 | -€7,170 | -6.0% |
| Financial debts | 170/4 | €118,959 | €111,789 | -€7,170 | -6.0% |
| Amounts payable within one year | 42/48 | €26,495 | €25,757 | -€738 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €6,852 | €7,170 | +€318 | +4.6% |
| Financial debts | 43 | €889 | €66 | -€823 | -92.6% |
| Credit institutions | 430/8 | €889 | €66 | -€823 | -92.6% |
| Trade debts | 44 | €3,488 | €3,121 | -€367 | -10.5% |
| Suppliers | 440/4 | €3,488 | €3,121 | -€367 | -10.5% |
| Taxes, remuneration and social security | 45 | €15,267 | €15,400 | +€133 | +0.9% |
| Taxes | 450/3 | €15,267 | €15,400 | +€133 | +0.9% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Non-recurring operating income | 76A | €316 | €0 | -€316 | -100% |
| Remuneration, social security and pensions | 62 | €250 | €0 | -€250 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,238 | €3,500 | +€262 | +8.1% |
| Other operating charges | 640/8 | €1,214 | €733 | -€481 | -39.6% |
| Gross operating margin | 9900 | €41,070 | €33,157 | -€7,913 | -19.3% |
| Operating profit (loss) | 9901 | €36,369 | €28,924 | -€7,445 | -20.5% |
| Financial income | 75/76B | €542 | €12 | -€530 | -97.8% |
| Recurring financial income | 75 | €542 | €12 | -€530 | -97.8% |
| Financial charges | 65/66B | €6,213 | €6,112 | -€101 | -1.6% |
| Recurring financial charges | 65 | €6,213 | €6,112 | -€101 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €30,698 | €22,824 | -€7,874 | -25.6% |
| Income taxes | 67/77 | €7,397 | €6,055 | -€1,343 | -18.2% |
| Profit (loss) for the period | 9904 | €23,301 | €16,770 | -€6,531 | -28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,301 | €16,770 | -€6,531 | -28.0% |
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 30 October 2026 via checked.be.