Patse: 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.
Patse
Largest movements
- Tangible fixed assets -€92,443
down €92,443 (-3.7%), from €2.5m to €2.4m
of which Land and buildings: -€69,330
- Receivables within one year -€54,296
down €54,296 (-97.8%), from €55,546 to €1,250
of which Trade receivables: -€45,843
- Reserves -€504,629
down €504,629 (-33.5%), from €1.5m to €1.0m
- Other debts +€484,330
up €484,330 (+130.3%), from €371,692 to €856,022
- Debts after one year -€106,738
down €106,738 (-18.3%), from €582,343 to €475,604
- Gross operating margin +€62,248
up €62,248 (+22.3%), from €278,537 to €340,785
- Taxes +€19,364
up €19,364 (+48.4%), from €39,996 to €59,360
- Other operating charges -€8,167
down €8,167 (-46.3%), from €17,657 to €9,489
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 | €2,675,803 | €2,527,418 | -€148,385 | -5.5% |
| Fixed assets | 21/28 | €2,480,475 | €2,388,032 | -€92,443 | -3.7% |
| Tangible fixed assets | 22/27 | €2,480,475 | €2,388,032 | -€92,443 | -3.7% |
| Land and buildings | 22 | €2,389,528 | €2,320,197 | -€69,330 | -2.9% |
| Furniture and vehicles | 24 | €90,947 | €67,835 | -€23,112 | -25.4% |
| Current assets | 29/58 | €195,328 | €139,386 | -€55,942 | -28.6% |
| Amounts receivable within one year | 40/41 | €55,546 | €1,250 | -€54,296 | -97.8% |
| Trade receivables | 40 | €45,843 | €0 | -€45,843 | -100.0% |
| Other amounts receivable | 41 | €9,703 | €1,250 | -€8,454 | -87.1% |
| Cash at bank and in hand | 54/58 | €137,741 | €136,032 | -€1,709 | -1.2% |
| Deferred charges and accrued income | 490/1 | €2,041 | €2,105 | +€64 | +3.1% |
| Total equity and liabilities | 10/49 | €2,675,803 | €2,527,418 | -€148,385 | -5.5% |
| Equity | 10/15 | €1,525,094 | €1,020,465 | -€504,629 | -33.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,505,094 | €1,000,465 | -€504,629 | -33.5% |
| Distributable reserves | 133 | €1,505,094 | €1,000,465 | -€504,629 | -33.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,150,709 | €1,506,953 | +€356,244 | +31.0% |
| Amounts payable after more than one year | 17 | €582,343 | €475,604 | -€106,738 | -18.3% |
| Financial debts | 170/4 | €582,343 | €475,604 | -€106,738 | -18.3% |
| Amounts payable within one year | 42/48 | €535,782 | €995,773 | +€459,991 | +85.9% |
| Current portion of amounts payable after more than one year | 42 | €124,180 | €106,738 | -€17,441 | -14.0% |
| Trade debts | 44 | €1,074 | €11,335 | +€10,261 | +954.9% |
| Suppliers | 440/4 | €1,074 | €11,335 | +€10,261 | +954.9% |
| Taxes, remuneration and social security | 45 | €38,835 | €21,678 | -€17,158 | -44.2% |
| Taxes | 450/3 | €38,835 | €21,678 | -€17,158 | -44.2% |
| Other amounts payable | 47/48 | €371,692 | €856,022 | +€484,330 | +130.3% |
| Accrued charges and deferred income | 492/3 | €32,584 | €35,576 | +€2,991 | +9.2% |
| Non-recurring operating income | 76A | €12,817 | €0 | -€12,817 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,266 | €100,183 | +€2,917 | +3.0% |
| Other operating charges | 640/8 | €17,657 | €9,489 | -€8,167 | -46.3% |
| Gross operating margin | 9900 | €278,537 | €340,785 | +€62,248 | +22.3% |
| Operating profit (loss) | 9901 | €163,614 | €231,113 | +€67,499 | +41.3% |
| Financial income | 75/76B | €370 | €0 | -€370 | -100.0% |
| Recurring financial income | 75 | €370 | €0 | -€370 | -100.0% |
| Financial charges | 65/66B | €44,293 | €45,045 | +€753 | +1.7% |
| Recurring financial charges | 65 | €44,293 | €45,045 | +€753 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €119,692 | €186,067 | +€66,376 | +55.5% |
| Income taxes | 67/77 | €39,996 | €59,360 | +€19,364 | +48.4% |
| Profit (loss) for the period | 9904 | €79,696 | €126,707 | +€47,012 | +59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €79,696 | €126,707 | +€47,012 | +59.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.