PATRIGO: 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.
PATRIGO
Largest movements
- Cash -€51,758
down €51,758 (-14.4%), from €358,945 to €307,187
mainly Net result for the year (-€57,403) and Receivables within one year (-€625)
- Reserves -€57,403
down €57,403 (-20.3%), from €282,341 to €224,938
of which Distributable reserves: -€57,403
- Financial income +€2,082
up €2,082 (+24.2%), from €8,598 to €10,680
- Gross operating margin +€1,342
up €1,342, from -€593 to €750
- Other operating charges -€299
down €299 (-10.9%), from €2,743 to €2,444
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 | €1,433,750 | €1,376,374 | -€57,376 | -4.0% |
| Fixed assets | 21/28 | €81,450 | €74,880 | -€6,570 | -8.1% |
| Tangible fixed assets | 22/27 | €81,450 | €74,880 | -€6,570 | -8.1% |
| Land and buildings | 22 | €81,450 | €74,880 | -€6,570 | -8.1% |
| Current assets | 29/58 | €1,352,300 | €1,301,494 | -€50,806 | -3.8% |
| Stocks and contracts in progress | 3 | €483,436 | €483,436 | = | 0.0% |
| Stocks | 30/36 | €483,436 | €483,436 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,579 | €3,204 | +€625 | +24.2% |
| Other amounts receivable | 41 | €2,579 | €3,204 | +€625 | +24.2% |
| Current investments | 50/53 | €507,000 | €507,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €358,945 | €307,187 | -€51,758 | -14.4% |
| Deferred charges and accrued income | 490/1 | €340 | €666 | +€327 | +96.1% |
| Total equity and liabilities | 10/49 | €1,433,750 | €1,376,374 | -€57,376 | -4.0% |
| Equity | 10/15 | €432,325 | €374,922 | -€57,403 | -13.3% |
| Contributions | 10/11 | €149,983 | €149,983 | = | 0.0% |
| Reserves | 13 | €282,341 | €224,938 | -€57,403 | -20.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €282,341 | €224,938 | -€57,403 | -20.3% |
| Amounts payable | 17/49 | €1,001,425 | €1,001,452 | +€27 | 0.0% |
| Amounts payable after more than one year | 17 | €955,814 | €955,814 | = | 0.0% |
| Financial debts | 170/4 | €955,814 | €955,814 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,612 | €45,638 | +€27 | +0.1% |
| Financial debts | 43 | €44,728 | €44,728 | +€0 | 0.0% |
| Credit institutions | 430/8 | €44,728 | €44,728 | +€0 | 0.0% |
| Trade debts | 44 | €0 | €27 | +€27 | |
| Suppliers | 440/4 | €0 | €27 | +€27 | |
| Other amounts payable | 47/48 | €884 | €884 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,570 | €6,570 | = | 0.0% |
| Other operating charges | 640/8 | €2,743 | €2,444 | -€299 | -10.9% |
| Gross operating margin | 9900 | -€593 | €750 | +€1,342 | |
| Operating profit (loss) | 9901 | -€9,905 | -€8,264 | +€1,641 | +16.6% |
| Financial income | 75/76B | €8,598 | €10,680 | +€2,082 | +24.2% |
| Recurring financial income | 75 | €8,598 | €10,680 | +€2,082 | +24.2% |
| Financial charges | 65/66B | €59,815 | €59,819 | +€5 | 0.0% |
| Recurring financial charges | 65 | €59,815 | €59,819 | +€5 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€61,122 | -€57,403 | +€3,719 | +6.1% |
| Profit (loss) for the period | 9904 | -€61,122 | -€57,403 | +€3,719 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,122 | -€57,403 | +€3,719 | +6.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.