PATTAYA: 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.
PATTAYA
Largest movements
- Current investments +€220,000
new in 2025: €220,000
- Cash -€186,738
down €186,738 (-96.5%), from €193,538 to €6,799
mainly Current investments (-€220,000) and Investment in fixed assets (net) (-€79,463)
- Tangible fixed assets +€51,934
up €51,934 (+59.3%), from €87,641 to €139,576
of which Land and buildings: +€45,186
- Deferred charges and accrued income +€13,153
new in 2025: €13,153
- Trade debts +€71,933
up €71,933 (+56.1%), from €128,179 to €200,112
of which Suppliers: +€85,736
- Current portion of long-term debt +€62,861
up €62,861 (+161.2%), from €39,007 to €101,868
- Tax, wage and social debts -€21,924
down €21,924 (-45.5%), from €48,182 to €26,258
of which Remuneration and social security: -€18,569
- Other debts -€12,746
down €12,746 (-100.0%), from €12,746 to €0
- Profit (loss) carried forward -€8,886
down €8,886 (-8.1%), from -€110,268 to -€119,155
- Staff costs +€28,005
up €28,005 (+9.5%), from €293,580 to €321,585
- Gross operating margin +€7,864
up €7,864 (+2.2%), from €353,454 to €361,318
- Financial charges +€6,002
up €6,002 (+110.2%), from €5,445 to €11,447
- Depreciation +€5,699
up €5,699 (+23.8%), from €23,951 to €29,650
- Other operating charges +€4,191
up €4,191 (+129.9%), from €3,227 to €7,418
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 | €375,322 | €477,142 | +€101,820 | +27.1% |
| Formation expenses | 20 | €16,961 | €14,985 | -€1,976 | -11.7% |
| Fixed assets | 21/28 | €94,317 | €146,106 | +€51,789 | +54.9% |
| Tangible fixed assets | 22/27 | €87,641 | €139,576 | +€51,934 | +59.3% |
| Land and buildings | 22 | €42,663 | €87,849 | +€45,186 | +105.9% |
| Plant, machinery and equipment | 23 | €36,565 | €35,313 | -€1,252 | -3.4% |
| Furniture and vehicles | 24 | €8,413 | €16,414 | +€8,001 | +95.1% |
| Financial fixed assets | 28 | €6,676 | €6,530 | -€146 | -2.2% |
| Current assets | 29/58 | €264,044 | €316,051 | +€52,007 | +19.7% |
| Stocks and contracts in progress | 3 | €15,034 | €18,985 | +€3,951 | +26.3% |
| Stocks | 30/36 | €15,034 | €18,985 | +€3,951 | +26.3% |
| Amounts receivable within one year | 40/41 | €55,472 | €57,113 | +€1,641 | +3.0% |
| Trade receivables | 40 | €27,977 | €18,038 | -€9,940 | -35.5% |
| Other amounts receivable | 41 | €27,495 | €39,076 | +€11,581 | +42.1% |
| Current investments | 50/53 | - | €220,000 | +€220,000 | |
| Cash at bank and in hand | 54/58 | €193,538 | €6,799 | -€186,738 | -96.5% |
| Deferred charges and accrued income | 490/1 | - | €13,153 | +€13,153 | |
| Total equity and liabilities | 10/49 | €375,322 | €477,142 | +€101,820 | +27.1% |
| Equity | 10/15 | €130,407 | €121,520 | -€8,886 | -6.8% |
| Contributions | 10/11 | €235,815 | €235,815 | = | 0.0% |
| Reserves | 13 | €4,860 | €4,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €472 | €0 | -€472 | -100.0% |
| Reserves not available under the articles | 1311 | €472 | €0 | -€472 | -100.0% |
| Tax-exempt reserves | 132 | €4,388 | €4,388 | = | 0.0% |
| Distributable reserves | 133 | - | €472 | +€472 | |
| Profit (loss) carried forward | 14 | -€110,268 | -€119,155 | -€8,886 | -8.1% |
| Amounts payable | 17/49 | €244,915 | €355,622 | +€110,706 | +45.2% |
| Amounts payable after more than one year | 17 | €16,802 | €21,334 | +€4,532 | +27.0% |
| Financial debts | 170/4 | €16,802 | €21,334 | +€4,532 | +27.0% |
| Amounts payable within one year | 42/48 | €228,113 | €334,287 | +€106,174 | +46.5% |
| Current portion of amounts payable after more than one year | 42 | €39,007 | €101,868 | +€62,861 | +161.2% |
| Trade debts | 44 | €128,179 | €200,112 | +€71,933 | +56.1% |
| Suppliers | 440/4 | €114,376 | €200,112 | +€85,736 | +75.0% |
| Bills of exchange payable | 441 | €13,803 | - | -€13,803 | |
| Advances received on contracts in progress | 46 | - | €6,050 | +€6,050 | |
| Taxes, remuneration and social security | 45 | €48,182 | €26,258 | -€21,924 | -45.5% |
| Taxes | 450/3 | €14,175 | €10,820 | -€3,354 | -23.7% |
| Remuneration and social security | 454/9 | €34,007 | €15,437 | -€18,569 | -54.6% |
| Other amounts payable | 47/48 | €12,746 | €0 | -€12,746 | -100.0% |
| Remuneration, social security and pensions | 62 | €293,580 | €321,585 | +€28,005 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,951 | €29,650 | +€5,699 | +23.8% |
| Other operating charges | 640/8 | €3,227 | €7,418 | +€4,191 | +129.9% |
| Gross operating margin | 9900 | €353,454 | €361,318 | +€7,864 | +2.2% |
| Operating profit (loss) | 9901 | €32,696 | €2,665 | -€30,031 | -91.8% |
| Financial income | 75/76B | €1,250 | €439 | -€811 | -64.9% |
| Recurring financial income | 75 | €1,250 | €439 | -€811 | -64.9% |
| Financial charges | 65/66B | €5,445 | €11,447 | +€6,002 | +110.2% |
| Recurring financial charges | 65 | €5,445 | €11,447 | +€6,002 | +110.2% |
| Profit (loss) for the period before taxes | 9903 | €28,501 | -€8,343 | -€36,844 | |
| Income taxes | 67/77 | €3,269 | €543 | -€2,725 | -83.4% |
| Profit (loss) for the period | 9904 | €25,232 | -€8,886 | -€34,119 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,232 | -€8,886 | -€34,119 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.