PATRICK PRODUCTIONS: 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 PRODUCTIONS
Largest movements
- Receivables within one year +€44,165
up €44,165 (+837.0%), from €5,276 to €49,442
of which Other amounts receivable: +€44,165
- Tangible fixed assets -€19,114
down €19,114 (-9.8%), from €195,985 to €176,872
- Reserves +€137,374
up €137,374 (+21.8%), from €630,871 to €768,246
of which Distributable reserves: +€137,374
- Other debts -€102,933
down €102,933 (-100.0%), from €102,933 to €0
- Short-term financial debts +€26,441
new in 2025: €26,441
- Trade debts -€14,856
down €14,856 (-84.4%), from €17,598 to €2,742
- Current portion of long-term debt -€9,078
down €9,078 (-87.0%), from €10,439 to €1,360
- Gross operating margin -€100,188
down €100,188 (-31.8%), from €314,808 to €214,620
- Taxes -€33,731
down €33,731 (-35.6%), from €94,760 to €61,030
- Financial charges -€5,976
down €5,976 (-65.5%), from €9,119 to €3,143
- Financial income +€3,589
up €3,589 (+401.3%), from €894 to €4,484
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 | €798,452 | €820,875 | +€22,423 | +2.8% |
| Fixed assets | 21/28 | €200,623 | €181,509 | -€19,114 | -9.5% |
| Tangible fixed assets | 22/27 | €195,985 | €176,872 | -€19,114 | -9.8% |
| Land and buildings | 22 | €166,838 | €161,283 | -€5,554 | -3.3% |
| Furniture and vehicles | 24 | €15,191 | €10,181 | -€5,011 | -33.0% |
| Other tangible fixed assets | 26 | €13,957 | €5,408 | -€8,549 | -61.3% |
| Financial fixed assets | 28 | €4,638 | €4,638 | = | 0.0% |
| Current assets | 29/58 | €597,829 | €639,366 | +€41,537 | +6.9% |
| Amounts receivable within one year | 40/41 | €5,276 | €49,442 | +€44,165 | +837.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €5,276 | €49,442 | +€44,165 | +837.0% |
| Current investments | 50/53 | €86,955 | €86,955 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €502,957 | €501,060 | -€1,897 | -0.4% |
| Deferred charges and accrued income | 490/1 | €2,640 | €1,909 | -€731 | -27.7% |
| Total equity and liabilities | 10/49 | €798,452 | €820,875 | +€22,423 | +2.8% |
| Equity | 10/15 | €652,956 | €790,331 | +€137,374 | +21.0% |
| Contributions | 10/11 | €20,538 | €20,538 | = | 0.0% |
| Reserves | 13 | €630,871 | €768,246 | +€137,374 | +21.8% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €593,371 | €730,746 | +€137,374 | +23.2% |
| Profit (loss) carried forward | 14 | €1,548 | €1,548 | = | 0.0% |
| Amounts payable | 17/49 | €145,495 | €30,544 | -€114,951 | -79.0% |
| Amounts payable after more than one year | 17 | €1,360 | €0 | -€1,360 | -100.0% |
| Financial debts | 170/4 | €1,360 | €0 | -€1,360 | -100.0% |
| Amounts payable within one year | 42/48 | €138,314 | €30,544 | -€107,770 | -77.9% |
| Current portion of amounts payable after more than one year | 42 | €10,439 | €1,360 | -€9,078 | -87.0% |
| Financial debts | 43 | - | €26,441 | +€26,441 | |
| Credit institutions | 430/8 | - | €26,441 | +€26,441 | |
| Trade debts | 44 | €17,598 | €2,742 | -€14,856 | -84.4% |
| Suppliers | 440/4 | €17,598 | €2,742 | -€14,856 | -84.4% |
| Taxes, remuneration and social security | 45 | €7,345 | €0 | -€7,345 | -100.0% |
| Taxes | 450/3 | €7,345 | €0 | -€7,345 | -100.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €102,933 | €0 | -€102,933 | -100.0% |
| Accrued charges and deferred income | 492/3 | €5,821 | €0 | -€5,821 | -100.0% |
| Non-recurring operating income | 76A | €0 | €5,985 | +€5,985 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,315 | €16,338 | +€23 | +0.1% |
| Other operating charges | 640/8 | €2,016 | €1,219 | -€797 | -39.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €314,808 | €214,620 | -€100,188 | -31.8% |
| Operating profit (loss) | 9901 | €296,477 | €197,063 | -€99,414 | -33.5% |
| Financial income | 75/76B | €894 | €4,484 | +€3,589 | +401.3% |
| Recurring financial income | 75 | €894 | €4,484 | +€3,589 | +401.3% |
| Financial charges | 65/66B | €9,119 | €3,143 | -€5,976 | -65.5% |
| Recurring financial charges | 65 | €9,119 | €3,143 | -€5,976 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | €288,253 | €198,404 | -€89,849 | -31.2% |
| Income taxes | 67/77 | €94,760 | €61,030 | -€33,731 | -35.6% |
| Profit (loss) for the period | 9904 | €193,493 | €137,374 | -€56,118 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €193,493 | €137,374 | -€56,118 | -29.0% |
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 9 October 2026 via checked.be.