PATTIM: 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.
PATTIM
Largest movements
- Deferred charges and accrued income +€653,964
up €653,964 (+214%), from €305,231 to €959,195
- Stocks and contracts -€615,002
down €615,002 (-12.5%), from €4.9m to €4.3m
- Receivables within one year -€371,157
down €371,157 (-69.0%), from €538,282 to €167,124
of which Trade receivables: -€467,139
- Cash +€118,497
up €118,497 (+83.6%), from €141,776 to €260,274
mainly Other debts (+€1.8m) and Stocks and contracts (+€615,002)
- Tangible fixed assets -€64,558
down €64,558 (-26.3%), from €245,256 to €180,698
of which Furniture and vehicles: -€40,588
- Other debts +€1.8m
up €1.8m (+423%), from €421,241 to €2.2m
- Current portion of long-term debt -€1.1m
down €1.1m (-82.7%), from €1.4m to €235,061
- Reserves -€691,500
down €691,500 (-74.2%), from €931,500 to €240,000
of which Distributable reserves: -€691,500
- Advances received -€148,519
down €148,519 (-100%), from €148,519 to €0
- Trade debts -€96,523
down €96,523 (-20.8%), from €464,048 to €367,524
- Gross operating margin -€514,888
down €514,888 (-49.2%), from €1.0m to €532,486
- Taxes -€137,812
down €137,812 (-62.5%), from €220,463 to €82,651
- Depreciation +€14,688
up €14,688 (+23.4%), from €62,683 to €77,371
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,155,048 | €5,876,793 | -€278,255 | -4.5% |
| Fixed assets | 21/28 | €245,256 | €180,698 | -€64,558 | -26.3% |
| Tangible fixed assets | 22/27 | €245,256 | €180,698 | -€64,558 | -26.3% |
| Land and buildings | 22 | €2,924 | €2,548 | -€376 | -12.8% |
| Plant, machinery and equipment | 23 | €103,718 | €82,287 | -€21,431 | -20.7% |
| Furniture and vehicles | 24 | €131,203 | €90,615 | -€40,588 | -30.9% |
| Other tangible fixed assets | 26 | €7,411 | €5,248 | -€2,163 | -29.2% |
| Current assets | 29/58 | €5,909,792 | €5,696,094 | -€213,697 | -3.6% |
| Stocks and contracts in progress | 3 | €4,924,503 | €4,309,501 | -€615,002 | -12.5% |
| Stocks | 30/36 | €4,924,503 | €4,309,501 | -€615,002 | -12.5% |
| Amounts receivable within one year | 40/41 | €538,282 | €167,124 | -€371,157 | -69.0% |
| Trade receivables | 40 | €490,352 | €23,213 | -€467,139 | -95.3% |
| Other amounts receivable | 41 | €47,930 | €143,911 | +€95,981 | +200% |
| Cash at bank and in hand | 54/58 | €141,776 | €260,274 | +€118,497 | +83.6% |
| Deferred charges and accrued income | 490/1 | €305,231 | €959,195 | +€653,964 | +214% |
| Total equity and liabilities | 10/49 | €6,155,048 | €5,876,793 | -€278,255 | -4.5% |
| Equity | 10/15 | €951,825 | €260,550 | -€691,275 | -72.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €931,500 | €240,000 | -€691,500 | -74.2% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €929,500 | €238,000 | -€691,500 | -74.4% |
| Profit (loss) carried forward | 14 | €325 | €550 | +€225 | +69.3% |
| Amounts payable | 17/49 | €5,203,223 | €5,616,243 | +€413,020 | +7.9% |
| Amounts payable after more than one year | 17 | €2,570,533 | €2,625,972 | +€55,439 | +2.2% |
| Financial debts | 170/4 | €2,570,533 | €2,625,972 | +€55,439 | +2.2% |
| Amounts payable within one year | 42/48 | €2,521,296 | €2,883,234 | +€361,938 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €1,359,205 | €235,061 | -€1.1m | -82.7% |
| Trade debts | 44 | €464,048 | €367,524 | -€96,523 | -20.8% |
| Suppliers | 440/4 | €464,048 | €367,524 | -€96,523 | -20.8% |
| Advances received on contracts in progress | 46 | €148,519 | €0 | -€148,519 | -100% |
| Taxes, remuneration and social security | 45 | €128,284 | €79,565 | -€48,718 | -38.0% |
| Taxes | 450/3 | €128,284 | €79,565 | -€48,718 | -38.0% |
| Other amounts payable | 47/48 | €421,241 | €2,201,083 | +€1.8m | +423% |
| Accrued charges and deferred income | 492/3 | €111,394 | €107,037 | -€4,357 | -3.9% |
| Non-recurring operating income | 76A | €15,192 | €0 | -€15,192 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,683 | €77,371 | +€14,688 | +23.4% |
| Other operating charges | 640/8 | €5,055 | €5,325 | +€270 | +5.3% |
| Gross operating margin | 9900 | €1,047,374 | €532,486 | -€514,888 | -49.2% |
| Operating profit (loss) | 9901 | €979,637 | €449,790 | -€529,847 | -54.1% |
| Financial income | 75/76B | €69,458 | €63,427 | -€6,031 | -8.7% |
| Recurring financial income | 75 | €69,458 | €63,427 | -€6,031 | -8.7% |
| Financial charges | 65/66B | €185,854 | €192,341 | +€6,487 | +3.5% |
| Recurring financial charges | 65 | €185,854 | €192,341 | +€6,487 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €863,241 | €320,876 | -€542,365 | -62.8% |
| Income taxes | 67/77 | €220,463 | €82,651 | -€137,812 | -62.5% |
| Profit (loss) for the period | 9904 | €642,778 | €238,225 | -€404,552 | -62.9% |
| Profit (loss) for the period to be appropriated | 9905 | €642,778 | €238,225 | -€404,552 | -62.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.