PATRICK PARIS DISTRIBUTION: 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 PARIS DISTRIBUTION
Largest movements
- Deferred charges and accrued income +€59,111
up €59,111 (+239.2%), from €24,713 to €83,823
- Cash -€53,062
down €53,062 (-39.8%), from €133,285 to €80,222
mainly Deferred charges and accrued income (-€59,111) and Investment in fixed assets (net) (-€51,707)
- Receivables within one year -€49,408
down €49,408 (-52.8%), from €93,533 to €44,125
of which Trade receivables: -€52,177
- Tangible fixed assets +€31,306
up €31,306 (+37.6%), from €83,236 to €114,542
of which Furniture and vehicles: +€40,233
- Receivables after one year -€9,714
down €9,714 (-6.6%), from €147,205 to €137,491
of which Trade receivables: -€9,714
- Reserves +€63,500
up €63,500 (+36.0%), from €176,292 to €239,792
of which Distributable reserves: +€63,500
- Trade debts -€44,968
down €44,968 (-83.2%), from €54,031 to €9,064
- Other debts -€40,890
no longer reported in 2025 (was €40,890)
- Tax, wage and social debts -€24,810
down €24,810 (-51.8%), from €47,938 to €23,128
of which Taxes: -€26,999
- Debts after one year +€18,667
new in 2025: €18,667
- Gross operating margin +€103,831
up €103,831 (+158.6%), from €65,450 to €169,281
- Taxes +€21,954
up €21,954 (+555.7%), from €3,950 to €25,904
- Staff costs +€11,674
up €11,674 (+25.3%), from €46,075 to €57,749
- Depreciation +€3,822
up €3,822 (+23.0%), from €16,603 to €20,425
- Financial income +€1,776
up €1,776 (+29.4%), from €6,050 to €7,826
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €488,694 | €466,379 | -€22,315 | -4.6% |
| Fixed assets | 21/28 | €83,440 | €114,721 | +€31,282 | +37.5% |
| Intangible fixed assets | 21 | €30 | €6 | -€24 | -80.2% |
| Tangible fixed assets | 22/27 | €83,236 | €114,542 | +€31,306 | +37.6% |
| Plant, machinery and equipment | 23 | €43,410 | €36,960 | -€6,450 | -14.9% |
| Furniture and vehicles | 24 | €24,067 | €64,300 | +€40,233 | +167.2% |
| Other tangible fixed assets | 26 | €15,759 | €13,282 | -€2,477 | -15.7% |
| Financial fixed assets | 28 | €174 | €174 | = | 0.0% |
| Current assets | 29/58 | €405,254 | €351,658 | -€53,597 | -13.2% |
| Amounts receivable after more than one year | 29 | €147,205 | €137,491 | -€9,714 | -6.6% |
| Trade receivables | 290 | €47,205 | €37,491 | -€9,714 | -20.6% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €6,518 | €5,996 | -€523 | -8.0% |
| Stocks | 30/36 | €6,518 | €5,996 | -€523 | -8.0% |
| Amounts receivable within one year | 40/41 | €93,533 | €44,125 | -€49,408 | -52.8% |
| Trade receivables | 40 | €83,984 | €31,806 | -€52,177 | -62.1% |
| Other amounts receivable | 41 | €9,550 | €12,319 | +€2,769 | +29.0% |
| Cash at bank and in hand | 54/58 | €133,285 | €80,222 | -€53,062 | -39.8% |
| Deferred charges and accrued income | 490/1 | €24,713 | €83,823 | +€59,111 | +239.2% |
| Total equity and liabilities | 10/49 | €488,694 | €466,379 | -€22,315 | -4.6% |
| Equity | 10/15 | €341,997 | €405,497 | +€63,500 | +18.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €176,292 | €239,792 | +€63,500 | +36.0% |
| Tax-exempt reserves | 132 | €22,000 | €22,000 | = | 0.0% |
| Distributable reserves | 133 | €154,292 | €217,792 | +€63,500 | +41.2% |
| Profit (loss) carried forward | 14 | €147,105 | €147,105 | = | 0.0% |
| Amounts payable | 17/49 | €146,697 | €60,882 | -€85,815 | -58.5% |
| Amounts payable after more than one year | 17 | - | €18,667 | +€18,667 | |
| Financial debts | 170/4 | - | €18,667 | +€18,667 | |
| Amounts payable within one year | 42/48 | €143,767 | €41,931 | -€101,836 | -70.8% |
| Current portion of amounts payable after more than one year | 42 | €907 | €9,739 | +€8,832 | +973.8% |
| Trade debts | 44 | €54,031 | €9,064 | -€44,968 | -83.2% |
| Suppliers | 440/4 | €54,031 | €9,064 | -€44,968 | -83.2% |
| Taxes, remuneration and social security | 45 | €47,938 | €23,128 | -€24,810 | -51.8% |
| Taxes | 450/3 | €42,059 | €15,060 | -€26,999 | -64.2% |
| Remuneration and social security | 454/9 | €5,879 | €8,068 | +€2,189 | +37.2% |
| Other amounts payable | 47/48 | €40,890 | - | -€40,890 | |
| Accrued charges and deferred income | 492/3 | €2,930 | €283 | -€2,646 | -90.3% |
| Remuneration, social security and pensions | 62 | €46,075 | €57,749 | +€11,674 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,603 | €20,425 | +€3,822 | +23.0% |
| Other operating charges | 640/8 | €6,769 | €6,397 | -€372 | -5.5% |
| Non-recurring operating charges | 66A | - | €248 | +€248 | |
| Gross operating margin | 9900 | €65,450 | €169,281 | +€103,831 | +158.6% |
| Operating profit (loss) | 9901 | -€3,997 | €84,462 | +€88,459 | |
| Financial income | 75/76B | €6,050 | €7,826 | +€1,776 | +29.4% |
| Recurring financial income | 75 | €6,050 | €7,826 | +€1,776 | +29.4% |
| Financial charges | 65/66B | €1,649 | €2,883 | +€1,234 | +74.8% |
| Recurring financial charges | 65 | €1,649 | €2,883 | +€1,234 | +74.8% |
| Profit (loss) for the period before taxes | 9903 | €403 | €89,405 | +€89,001 | +22070.4% |
| Income taxes | 67/77 | €3,950 | €25,904 | +€21,954 | +555.7% |
| Profit (loss) for the period | 9904 | -€3,547 | €63,500 | +€67,047 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,547 | €63,500 | +€67,047 |
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 6 October 2026 via checked.be.