PATROBA: 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.
What changed
PATROBA
NACE 10.711, Manufacture of food products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.2m
2024 · €748,061+€1.4m
Equity
€12.8m
2024 · €10.8m+€2.0m
Cash
€2.0m
2024 · €4.1m-€2.1m
Balance sheet total
€17.1m
2024 · €16.6m+€409,377
Largest movements
Assets
- Current investments +€3.6m
up €3.6m (+105%), from €3.4m to €7.0m
- Cash -€2.1m
down €2.1m (-51.0%), from €4.1m to €2.0m
mainly Current investments (-€3.6m) and Debts after one year (-€1.3m)
- Tangible fixed assets -€1.2m
down €1.2m (-19.3%), from €6.0m to €4.9m
of which Plant, machinery and equipment: -€762,238
Equity and liabilities
- Reserves +€2.0m
up €2.0m (+28.7%), from €7.1m to €9.1m
of which Distributable reserves: +€2.0m
- Debts after one year -€1.3m
down €1.3m (-100%), from €1.3m to €0
- Other debts -€533,599
down €533,599 (-42.6%), from €1.3m to €719,603
- Accrued charges and deferred income +€175,754
up €175,754 (+212%), from €82,969 to €258,723
Income statement
- Turnover +€1.2m
up €1.2m (+7.3%), from €16.4m to €17.6m
- Depreciation -€1.2m
down €1.2m (-49.5%), from €2.3m to €1.2m
- Goods and materials +€559,763
up €559,763 (+6.6%), from €8.5m to €9.1m
of which Purchases: +€432,019
- Financial income +€549,132
up €549,132 (+130%), from €423,396 to €972,528
- Taxes +€509,951
up €509,951 (+228%), from €223,259 to €733,209
of which Taxes: +€499,823
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.
Result 2024
€748,061
Turnover
+€1.2m
Other operating income
+€17,634
Goods and materials
-€559,763
Services and other goods
-€89,659
Staff costs
-€242,594
Depreciation
+€1.2m
Other operating charges
+€13,122
Other operating items
-€98,623
Financial income
+€549,132
Financial charges
-€8,080
Taxes
-€509,951
Result 2025
€2.2m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€3.1m
Investment
-€3.6m
Financing
-€1.6m
Cash 2024
€4.1m
From operations (derived)
+€3.1m
Net result for the year
+€2.2m
Depreciation
+€1.2m
Stocks and contracts
+€82,090
Receivables within one year
-€139,797
Deferred charges and accrued income
+€3,977
Trade debts
+€41,026
Tax, wage and social debts
+€140,368
Other debts
-€533,599
Accrued charges and deferred income
+€175,754
Investment (derived)
-€3.6m
Investment in fixed assets (net)
-€18,285
Current investments
-€3.6m
Financing
-€1.6m
Debts after one year
-€1.3m
Current portion of long-term debt
-€119,080
Contributions, distributions and other
-€164,292
Cash 2025
€2.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,644,587 | €17,053,964 | +€409,377 | +2.5% |
| Fixed assets | 21/28 | €6,017,070 | €4,854,845 | -€1.2m | -19.3% |
| Intangible fixed assets | 21 | €371 | €0 | -€371 | -100% |
| Tangible fixed assets | 22/27 | €6,016,699 | €4,854,845 | -€1.2m | -19.3% |
| Land and buildings | 22 | €2,813,622 | €2,638,160 | -€175,462 | -6.2% |
| Plant, machinery and equipment | 23 | €1,600,191 | €837,953 | -€762,238 | -47.6% |
| Furniture and vehicles | 24 | €435,305 | €362,080 | -€73,224 | -16.8% |
| Other tangible fixed assets | 26 | €1,167,582 | €1,016,652 | -€150,930 | -12.9% |
| Current assets | 29/58 | €10,627,516 | €12,199,119 | +€1.6m | +14.8% |
| Stocks and contracts in progress | 3 | €784,951 | €702,861 | -€82,090 | -10.5% |
| Stocks | 30/36 | €784,951 | €702,861 | -€82,090 | -10.5% |
| Raw materials and consumables | 30/31 | €686,829 | €620,810 | -€66,019 | -9.6% |
| Goods purchased for resale | 34 | €98,122 | €82,051 | -€16,071 | -16.4% |
| Amounts receivable within one year | 40/41 | €2,182,803 | €2,322,600 | +€139,797 | +6.4% |
| Trade receivables | 40 | €1,729,133 | €2,039,291 | +€310,159 | +17.9% |
| Other amounts receivable | 41 | €453,671 | €283,309 | -€170,362 | -37.6% |
| Current investments | 50/53 | €3,419,016 | €7,025,545 | +€3.6m | +105% |
| Other investments | 51/53 | €3,419,016 | €7,025,545 | +€3.6m | +105% |
| Cash at bank and in hand | 54/58 | €4,094,135 | €2,005,480 | -€2.1m | -51.0% |
| Deferred charges and accrued income | 490/1 | €146,611 | €142,633 | -€3,977 | -2.7% |
| Total equity and liabilities | 10/49 | €16,644,587 | €17,053,964 | +€409,377 | +2.5% |
| Equity | 10/15 | €10,819,038 | €12,833,443 | +€2.0m | +18.6% |
| Contributions | 10/11 | €3,725,000 | €3,725,000 | = | 0.0% |
| Capital | 10 | €3,725,000 | €3,725,000 | = | 0.0% |
| Issued capital | 100 | €3,725,000 | €3,725,000 | = | 0.0% |
| Reserves | 13 | €7,079,747 | €9,108,443 | +€2.0m | +28.7% |
| Non-distributable reserves | 130/1 | €372,500 | €372,500 | = | 0.0% |
| Legal reserve | 130 | €372,500 | €372,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €959 | €0 | -€959 | -100% |
| Distributable reserves | 133 | €6,706,287 | €8,735,943 | +€2.0m | +30.3% |
| Investment grants | 15 | €14,292 | €0 | -€14,292 | -100% |
| Provisions and deferred taxes | 16 | €2,975 | €2,975 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,975 | €2,975 | = | 0.0% |
| Pensions and similar obligations | 160 | €2,975 | €2,975 | = | 0.0% |
| Amounts payable | 17/49 | €5,822,574 | €4,217,546 | -€1.6m | -27.6% |
| Amounts payable after more than one year | 17 | €1,309,496 | €0 | -€1.3m | -100% |
| Financial debts | 170/4 | €1,309,496 | €0 | -€1.3m | -100% |
| Credit institutions | 173 | €1,309,496 | €0 | -€1.3m | -100% |
| Amounts payable within one year | 42/48 | €4,430,108 | €3,958,823 | -€471,285 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €1,428,576 | €1,309,496 | -€119,080 | -8.3% |
| Trade debts | 44 | €1,565,190 | €1,606,216 | +€41,026 | +2.6% |
| Suppliers | 440/4 | €1,565,190 | €1,606,216 | +€41,026 | +2.6% |
| Taxes, remuneration and social security | 45 | €183,140 | €323,508 | +€140,368 | +76.6% |
| Taxes | 450/3 | €10,498 | €146,450 | +€135,952 | +1,295% |
| Remuneration and social security | 454/9 | €172,642 | €177,058 | +€4,416 | +2.6% |
| Other amounts payable | 47/48 | €1,253,203 | €719,603 | -€533,599 | -42.6% |
| Accrued charges and deferred income | 492/3 | €82,969 | €258,723 | +€175,754 | +212% |
| Operating income | 70/76A | €16,452,171 | €17,671,537 | +€1.2m | +7.4% |
| Turnover | 70 | €16,432,897 | €17,634,234 | +€1.2m | +7.3% |
| Other operating income | 74 | €16,773 | €34,407 | +€17,634 | +105% |
| Non-recurring operating income | 76A | €2,500 | €2,896 | +€396 | +15.8% |
| Operating charges | 60/66A | €15,742,863 | €15,562,695 | -€180,167 | -1.1% |
| Goods for resale, raw materials and consumables | 60 | €8,514,126 | €9,073,889 | +€559,763 | +6.6% |
| Purchases | 600/8 | €8,559,780 | €8,991,799 | +€432,019 | +5.0% |
| Change in stocks: decrease (increase) | 609 | -€45,654 | €82,090 | +€127,744 | |
| Services and other goods | 61 | €3,395,125 | €3,484,784 | +€89,659 | +2.6% |
| Remuneration, social security and pensions | 62 | €1,446,022 | €1,688,615 | +€242,594 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,338,590 | €1,180,511 | -€1.2m | -49.5% |
| Other operating charges | 640/8 | €49,000 | €35,878 | -€13,122 | -26.8% |
| Non-recurring operating charges | 66A | €0 | €99,019 | +€99,019 | |
| Operating profit (loss) | 9901 | €709,308 | €2,108,842 | +€1.4m | +197% |
| Financial income | 75/76B | €423,396 | €972,528 | +€549,132 | +130% |
| Recurring financial income | 75 | €423,396 | €972,528 | +€549,132 | +130% |
| Income from financial fixed assets | 750 | €83,343 | €121,666 | +€38,324 | +46.0% |
| Income from current assets | 751 | €240,636 | €801,966 | +€561,330 | +233% |
| Other financial income | 752/9 | €99,417 | €48,896 | -€50,521 | -50.8% |
| Financial charges | 65/66B | €161,384 | €169,464 | +€8,080 | +5.0% |
| Recurring financial charges | 65 | €161,384 | €169,464 | +€8,080 | +5.0% |
| Debt charges | 650 | €84,323 | €107,914 | +€23,592 | +28.0% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €73,081 | €56,959 | -€16,122 | -22.1% |
| Other financial charges | 652/9 | €3,981 | €4,592 | +€611 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €971,320 | €2,911,906 | +€1.9m | +200% |
| Income taxes | 67/77 | €223,259 | €733,209 | +€509,951 | +228% |
| Taxes | 670/3 | €250,593 | €750,417 | +€499,823 | +199% |
| Tax adjustments and reversals of tax provisions | 77 | €27,335 | €17,207 | -€10,127 | -37.0% |
| Profit (loss) for the period | 9904 | €748,061 | €2,178,697 | +€1.4m | +191% |
| Transfer from tax-exempt reserves | 789 | - | €959 | +€959 | |
| Transfer to tax-exempt reserves | 689 | €959 | €0 | -€959 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €747,102 | €2,179,656 | +€1.4m | +192% |
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 14 October 2026 via checked.be.