Patrick Saint-Yves: 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 Saint-Yves
Largest movements
- Cash +€8,534
up €8,534 (+33.0%), from €25,857 to €34,390
mainly Net result for the year (+€15,731) and Stocks and contracts (+€2,053)
- Stocks and contracts -€2,053
down €2,053 (-17.4%), from €11,769 to €9,715
- Tangible fixed assets +€1,721
up €1,721 (+195%), from €885 to €2,606
of which Plant, machinery and equipment: +€2,379
- Profit (loss) carried forward +€15,731
up €15,731 (+44.7%), from -€35,210 to -€19,479
- Trade debts -€3,636
down €3,636 (-27.9%), from €13,050 to €9,414
- Other debts -€2,639
down €2,639 (-28.4%), from €9,286 to €6,646
- Tax, wage and social debts -€1,583
down €1,583 (-5.4%), from €29,420 to €27,837
of which Remuneration and social security: -€894
- Gross operating margin +€13,307
up €13,307 (+6.7%), from €198,327 to €211,634
- Staff costs -€12,495
down €12,495 (-6.1%), from €205,624 to €193,129
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 | €41,305 | €49,177 | +€7,873 | +19.1% |
| Fixed assets | 21/28 | €885 | €2,606 | +€1,721 | +195% |
| Tangible fixed assets | 22/27 | €885 | €2,606 | +€1,721 | +195% |
| Plant, machinery and equipment | 23 | €226 | €2,606 | +€2,379 | +1,051% |
| Other tangible fixed assets | 26 | €658 | - | -€658 | |
| Current assets | 29/58 | €40,420 | €46,572 | +€6,152 | +15.2% |
| Stocks and contracts in progress | 3 | €11,769 | €9,715 | -€2,053 | -17.4% |
| Stocks | 30/36 | €11,769 | €9,715 | -€2,053 | -17.4% |
| Amounts receivable within one year | 40/41 | €1,719 | €1,442 | -€277 | -16.1% |
| Trade receivables | 40 | €676 | €540 | -€136 | -20.1% |
| Other amounts receivable | 41 | €1,043 | €902 | -€141 | -13.5% |
| Cash at bank and in hand | 54/58 | €25,857 | €34,390 | +€8,534 | +33.0% |
| Deferred charges and accrued income | 490/1 | €1,076 | €1,024 | -€52 | -4.8% |
| Total equity and liabilities | 10/49 | €41,305 | €49,177 | +€7,873 | +19.1% |
| Equity | 10/15 | -€10,452 | €5,279 | +€15,731 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,158 | €6,158 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,298 | €4,298 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,210 | -€19,479 | +€15,731 | +44.7% |
| Amounts payable | 17/49 | €51,757 | €43,898 | -€7,858 | -15.2% |
| Amounts payable within one year | 42/48 | €51,757 | €43,898 | -€7,858 | -15.2% |
| Trade debts | 44 | €13,050 | €9,414 | -€3,636 | -27.9% |
| Suppliers | 440/4 | €13,050 | €9,414 | -€3,636 | -27.9% |
| Taxes, remuneration and social security | 45 | €29,420 | €27,837 | -€1,583 | -5.4% |
| Taxes | 450/3 | €6,679 | €5,990 | -€689 | -10.3% |
| Remuneration and social security | 454/9 | €22,742 | €21,847 | -€894 | -3.9% |
| Other amounts payable | 47/48 | €9,286 | €6,646 | -€2,639 | -28.4% |
| Remuneration, social security and pensions | 62 | €205,624 | €193,129 | -€12,495 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,830 | €1,136 | -€694 | -37.9% |
| Other operating charges | 640/8 | €443 | €642 | +€198 | +44.8% |
| Gross operating margin | 9900 | €198,327 | €211,634 | +€13,307 | +6.7% |
| Operating profit (loss) | 9901 | -€9,570 | €16,727 | +€26,298 | |
| Financial income | 75/76B | €226 | €345 | +€119 | +52.6% |
| Recurring financial income | 75 | €226 | €345 | +€119 | +52.6% |
| Financial charges | 65/66B | €1,947 | €1,341 | -€606 | -31.1% |
| Recurring financial charges | 65 | €1,947 | €1,341 | -€606 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,291 | €15,731 | +€27,022 | |
| Profit (loss) for the period | 9904 | -€11,291 | €15,731 | +€27,022 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,291 | €15,731 | +€27,022 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.