PATSIL: 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.
PATSIL
Largest movements
- Cash +€45,120
up €45,120 (+872.1%), from €5,174 to €50,294
mainly Other debts (+€109,159) and Depreciation (+€32,649)
- Tangible fixed assets -€27,976
down €27,976 (-2.2%), from €1.3m to €1.2m
- Other debts +€109,159
up €109,159 (+40.4%), from €269,917 to €379,077
- Reserves -€52,259
down €52,259 (-65.1%), from €80,326 to €28,068
- Debts after one year -€27,792
down €27,792 (-6.0%), from €464,702 to €436,910
- Profit (loss) carried forward -€23,637
no longer reported in 2025 (was €23,637)
- Financial charges -€9,197
down €9,197 (-20.2%), from €45,585 to €36,388
- Taxes +€1,776
up €1,776 (+21.6%), from €8,225 to €10,001
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 | €1,285,888 | €1,290,463 | +€4,575 | +0.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,266,620 | €1,238,644 | -€27,976 | -2.2% |
| Tangible fixed assets | 22/27 | €1,266,620 | €1,238,644 | -€27,976 | -2.2% |
| Land and buildings | 22 | €1,266,620 | €1,238,644 | -€27,976 | -2.2% |
| Current assets | 29/58 | €19,268 | €51,818 | +€32,551 | +168.9% |
| Cash at bank and in hand | 54/58 | €5,174 | €50,294 | +€45,120 | +872.1% |
| Deferred charges and accrued income | 490/1 | €14,094 | €1,525 | -€12,569 | -89.2% |
| Total equity and liabilities | 10/49 | €1,285,888 | €1,290,463 | +€4,575 | +0.4% |
| Equity | 10/15 | €513,964 | €438,068 | -€75,896 | -14.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Revaluation surpluses | 12 | €360,000 | €360,000 | = | 0.0% |
| Reserves | 13 | €80,326 | €28,068 | -€52,259 | -65.1% |
| Distributable reserves | 133 | €80,326 | €28,068 | -€52,259 | -65.1% |
| Profit (loss) carried forward | 14 | €23,637 | - | -€23,637 | |
| Amounts payable | 17/49 | €771,924 | €852,395 | +€80,471 | +10.4% |
| Amounts payable after more than one year | 17 | €464,702 | €436,910 | -€27,792 | -6.0% |
| Financial debts | 170/4 | €464,702 | €436,910 | -€27,792 | -6.0% |
| Amounts payable within one year | 42/48 | €303,659 | €411,050 | +€107,392 | +35.4% |
| Current portion of amounts payable after more than one year | 42 | €27,174 | €27,792 | +€618 | +2.3% |
| Taxes, remuneration and social security | 45 | €6,568 | €4,182 | -€2,386 | -36.3% |
| Taxes | 450/3 | €6,568 | €4,182 | -€2,386 | -36.3% |
| Other amounts payable | 47/48 | €269,917 | €379,077 | +€109,159 | +40.4% |
| Accrued charges and deferred income | 492/3 | €3,564 | €4,434 | +€871 | +24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,386 | €32,649 | +€262 | +0.8% |
| Other operating charges | 640/8 | €5,044 | €5,201 | +€158 | +3.1% |
| Gross operating margin | 9900 | €115,345 | €114,704 | -€641 | -0.6% |
| Operating profit (loss) | 9901 | €77,915 | €76,854 | -€1,061 | -1.4% |
| Financial income | 75/76B | €572 | €3 | -€569 | -99.4% |
| Recurring financial income | 75 | €572 | €3 | -€569 | -99.4% |
| Financial charges | 65/66B | €45,585 | €36,388 | -€9,197 | -20.2% |
| Recurring financial charges | 65 | €45,585 | €36,388 | -€9,197 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €32,902 | €40,469 | +€7,567 | +23.0% |
| Income taxes | 67/77 | €8,225 | €10,001 | +€1,776 | +21.6% |
| Profit (loss) for the period | 9904 | €24,676 | €30,468 | +€5,791 | +23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,676 | €30,468 | +€5,791 | +23.5% |
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 6 October 2026 via checked.be.