PATSON: 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.
PATSON
Largest movements
- Tangible fixed assets +€39,214
up €39,214 (+14.2%), from €276,982 to €316,196
- Cash -€14,423
down €14,423 (-75.6%), from €19,067 to €4,644
mainly Investment in fixed assets (net) (-€51,292) and Net result for the year (-€6,881)
- Debts after one year +€35,000
up €35,000 (+76.1%), from €45,963 to €80,963
- Reserves -€23,978
down €23,978 (-14.7%), from €163,461 to €139,483
of which Distributable reserves: -€19,972
- Profit (loss) carried forward +€17,097
up €17,097 (+63.2%), from -€27,062 to -€9,965
- Gross operating margin -€1,929
down €1,929 (-25.7%), from €7,496 to €5,567
- Depreciation +€908
up €908 (+8.1%), from €11,170 to €12,078
- Taxes -€275
down €275, from €137 to -€137
- Financial income -€207
down €207 (-45.3%), from €458 to €250
- Other operating charges +€114
up €114 (+6.5%), from €1,768 to €1,882
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 | €296,746 | €322,118 | +€25,372 | +8.6% |
| Fixed assets | 21/28 | €276,982 | €316,196 | +€39,214 | +14.2% |
| Tangible fixed assets | 22/27 | €276,982 | €316,196 | +€39,214 | +14.2% |
| Land and buildings | 22 | €276,982 | €316,196 | +€39,214 | +14.2% |
| Current assets | 29/58 | €19,764 | €5,922 | -€13,842 | -70.0% |
| Amounts receivable within one year | 40/41 | €151 | €152 | +€1 | +0.9% |
| Other amounts receivable | 41 | €151 | €152 | +€1 | +0.9% |
| Cash at bank and in hand | 54/58 | €19,067 | €4,644 | -€14,423 | -75.6% |
| Deferred charges and accrued income | 490/1 | €545 | €1,125 | +€580 | +106.3% |
| Total equity and liabilities | 10/49 | €296,746 | €322,118 | +€25,372 | +8.6% |
| Equity | 10/15 | €195,499 | €188,618 | -€6,881 | -3.5% |
| Contributions | 10/11 | €59,100 | €59,100 | = | 0.0% |
| Reserves | 13 | €163,461 | €139,483 | -€23,978 | -14.7% |
| Tax-exempt reserves | 132 | €143,489 | €139,483 | -€4,006 | -2.8% |
| Distributable reserves | 133 | €19,972 | €0 | -€19,972 | -100.0% |
| Profit (loss) carried forward | 14 | -€27,062 | -€9,965 | +€17,097 | +63.2% |
| Provisions and deferred taxes | 16 | €47,830 | €46,494 | -€1,335 | -2.8% |
| Deferred taxes | 168 | €47,830 | €46,494 | -€1,335 | -2.8% |
| Amounts payable | 17/49 | €53,417 | €87,006 | +€33,589 | +62.9% |
| Amounts payable after more than one year | 17 | €45,963 | €80,963 | +€35,000 | +76.1% |
| Financial debts | 170/4 | €45,963 | €80,963 | +€35,000 | +76.1% |
| Amounts payable within one year | 42/48 | €7,049 | €6,042 | -€1,006 | -14.3% |
| Trade debts | 44 | €2,356 | €1,350 | -€1,006 | -42.7% |
| Suppliers | 440/4 | €2,356 | €1,350 | -€1,006 | -42.7% |
| Other amounts payable | 47/48 | €4,692 | €4,692 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €405 | €0 | -€405 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,170 | €12,078 | +€908 | +8.1% |
| Other operating charges | 640/8 | €1,768 | €1,882 | +€114 | +6.5% |
| Gross operating margin | 9900 | €7,496 | €5,567 | -€1,929 | -25.7% |
| Operating profit (loss) | 9901 | -€5,441 | -€8,393 | -€2,952 | -54.2% |
| Financial income | 75/76B | €458 | €250 | -€207 | -45.3% |
| Recurring financial income | 75 | €458 | €250 | -€207 | -45.3% |
| Financial charges | 65/66B | €164 | €211 | +€46 | +28.2% |
| Recurring financial charges | 65 | €164 | €211 | +€46 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,148 | -€8,354 | -€3,206 | -62.3% |
| Transfer from deferred taxes | 780 | €1,293 | €1,335 | +€42 | +3.2% |
| Income taxes | 67/77 | €137 | -€137 | -€275 | |
| Profit (loss) for the period | 9904 | -€3,992 | -€6,881 | -€2,889 | -72.4% |
| Transfer from tax-exempt reserves | 789 | €3,880 | €4,006 | +€126 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€112 | -€2,875 | -€2,763 | -2467.3% |
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.