PATRICK & PATRICIA: 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 & PATRICIA
Largest movements
- Tangible fixed assets -€28,505
down €28,505 (-39.7%), from €71,778 to €43,273
of which Leasing and similar rights: -€19,060
- Cash +€23,263
up €23,263 (+35.0%), from €66,420 to €89,683
mainly Net result for the year (+€56,600) and Depreciation (+€28,505)
- Receivables within one year +€5,641
up €5,641 (+22.6%), from €25,013 to €30,654
of which Other amounts receivable: +€9,284
- Reserves +€56,600
up €56,600 (+38.0%), from €149,021 to €205,622
- Other debts -€39,443
down €39,443 (-100%), from €39,443 to €0
- Debts after one year -€14,809
down €14,809 (-42.0%), from €35,257 to €20,448
- Accrued charges and deferred income -€5,238
down €5,238 (-80.8%), from €6,483 to €1,244
- Trade debts +€5,104
up €5,104 (+495%), from €1,031 to €6,135
- Financial charges -€4,552
down €4,552 (-66.0%), from €6,900 to €2,348
- Staff costs -€2,509
down €2,509 (-17.5%), from €14,368 to €11,859
- Taxes +€2,261
up €2,261 (+8.9%), from €25,294 to €27,555
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 | €279,793 | €279,314 | -€479 | -0.2% |
| Fixed assets | 21/28 | €71,778 | €43,273 | -€28,505 | -39.7% |
| Tangible fixed assets | 22/27 | €71,778 | €43,273 | -€28,505 | -39.7% |
| Land and buildings | 22 | €4,227 | €3,603 | -€625 | -14.8% |
| Plant, machinery and equipment | 23 | €1,030 | €449 | -€581 | -56.4% |
| Furniture and vehicles | 24 | €24,024 | €15,784 | -€8,240 | -34.3% |
| Leasing and similar rights | 25 | €42,497 | €23,437 | -€19,060 | -44.8% |
| Current assets | 29/58 | €208,015 | €236,041 | +€28,026 | +13.5% |
| Stocks and contracts in progress | 3 | €110,048 | €109,585 | -€463 | -0.4% |
| Stocks | 30/36 | €110,048 | €109,585 | -€463 | -0.4% |
| Amounts receivable within one year | 40/41 | €25,013 | €30,654 | +€5,641 | +22.6% |
| Trade receivables | 40 | €25,013 | €21,370 | -€3,643 | -14.6% |
| Other amounts receivable | 41 | €0 | €9,284 | +€9,284 | |
| Cash at bank and in hand | 54/58 | €66,420 | €89,683 | +€23,263 | +35.0% |
| Deferred charges and accrued income | 490/1 | €6,534 | €6,119 | -€415 | -6.4% |
| Total equity and liabilities | 10/49 | €279,793 | €279,314 | -€479 | -0.2% |
| Equity | 10/15 | €167,621 | €224,222 | +€56,600 | +33.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €149,021 | €205,622 | +€56,600 | +38.0% |
| Distributable reserves | 133 | €149,021 | €205,622 | +€56,600 | +38.0% |
| Amounts payable | 17/49 | €112,172 | €55,093 | -€57,079 | -50.9% |
| Amounts payable after more than one year | 17 | €35,257 | €20,448 | -€14,809 | -42.0% |
| Financial debts | 170/4 | €35,257 | €20,448 | -€14,809 | -42.0% |
| Amounts payable within one year | 42/48 | €70,432 | €33,400 | -€37,032 | -52.6% |
| Current portion of amounts payable after more than one year | 42 | €14,487 | €14,809 | +€322 | +2.2% |
| Trade debts | 44 | €1,031 | €6,135 | +€5,104 | +495% |
| Suppliers | 440/4 | €1,031 | €6,135 | +€5,104 | +495% |
| Taxes, remuneration and social security | 45 | €15,470 | €12,456 | -€3,015 | -19.5% |
| Taxes | 450/3 | €14,442 | €11,776 | -€2,665 | -18.5% |
| Remuneration and social security | 454/9 | €1,029 | €679 | -€349 | -34.0% |
| Other amounts payable | 47/48 | €39,443 | €0 | -€39,443 | -100% |
| Accrued charges and deferred income | 492/3 | €6,483 | €1,244 | -€5,238 | -80.8% |
| Remuneration, social security and pensions | 62 | €14,368 | €11,859 | -€2,509 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,505 | €28,505 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,000 | €2,343 | +€344 | +17.2% |
| Gross operating margin | 9900 | €128,853 | €129,174 | +€321 | +0.2% |
| Operating profit (loss) | 9901 | €83,981 | €86,467 | +€2,486 | +3.0% |
| Financial income | 75/76B | €443 | €37 | -€407 | -91.7% |
| Recurring financial income | 75 | €443 | €37 | -€407 | -91.7% |
| Financial charges | 65/66B | €6,900 | €2,348 | -€4,552 | -66.0% |
| Recurring financial charges | 65 | €6,900 | €2,348 | -€4,552 | -66.0% |
| Profit (loss) for the period before taxes | 9903 | €77,524 | €84,156 | +€6,631 | +8.6% |
| Income taxes | 67/77 | €25,294 | €27,555 | +€2,261 | +8.9% |
| Profit (loss) for the period | 9904 | €52,230 | €56,600 | +€4,370 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,230 | €56,600 | +€4,370 | +8.4% |
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 25 October 2026 via checked.be.