PATTON CORPORATION: what changed
What changed
PATTON CORPORATION
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
-€17,827
2024 · €45,871-€63,698
Equity
€651,336
2024 · €669,162-€17,827
Cash
€11,427
2024 · €148,224-€136,797
Balance sheet total
€1.2m
2024 · €711,231+€473,309
Largest movements
Assets
- Tangible fixed assets +€432,892
up €432,892 (+77.1%), from €561,690 to €994,583
of which Land and buildings: +€433,499
- Receivables within one year +€173,693
up €173,693 (+13,188%), from €1,317 to €175,010
of which Other amounts receivable: +€169,162
- Cash -€136,797
down €136,797 (-92.3%), from €148,224 to €11,427
mainly Investment in fixed assets (net) (-€475,000) and Receivables within one year (-€173,693)
Equity and liabilities
- Other debts +€496,412
up €496,412 (+108,316%), from €458 to €496,870
Income statement
- Gross operating margin -€35,968
down €35,968 (-39.1%), from €92,051 to €56,083
- Other operating charges +€33,599
up €33,599 (+1,575%), from €2,133 to €35,731
- Taxes -€19,105
no longer reported in 2025 (was €19,105)
- Depreciation +€11,993
up €11,993 (+39.8%), from €30,114 to €42,108
- Financial charges +€2,205
new in 2025: €2,205
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€45,871
Gross operating margin
-€35,968
Depreciation
-€11,993
Other operating charges
-€33,599
Financial income
+€962
Financial charges
-€2,205
Taxes
+€19,105
Result 2025
-€17,827
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€338,203
Investment
-€475,000
Financing
€0
Cash 2024
€148,224
From operations (derived)
+€338,203
Net result for the year
-€17,827
Depreciation
+€42,108
Receivables within one year
-€173,693
Deferred charges and accrued income
-€3,521
Provisions
-€3,767
Trade debts
+€1,183
Tax, wage and social debts
-€4,823
Other debts
+€496,412
Accrued charges and deferred income
+€2,130
Investment (derived)
-€475,000
Investment in fixed assets (net)
-€475,000
Cash 2025
€11,427
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €711,231 | €1,184,540 | +€473,309 | +66.5% |
| Fixed assets | 21/28 | €561,690 | €994,583 | +€432,892 | +77.1% |
| Tangible fixed assets | 22/27 | €561,690 | €994,583 | +€432,892 | +77.1% |
| Land and buildings | 22 | €543,310 | €976,809 | +€433,499 | +79.8% |
| Other tangible fixed assets | 26 | €18,380 | €17,774 | -€606 | -3.3% |
| Current assets | 29/58 | €149,541 | €189,957 | +€40,417 | +27.0% |
| Amounts receivable within one year | 40/41 | €1,317 | €175,010 | +€173,693 | +13,188% |
| Trade receivables | 40 | - | €4,531 | +€4,531 | |
| Other amounts receivable | 41 | €1,317 | €170,479 | +€169,162 | +12,844% |
| Cash at bank and in hand | 54/58 | €148,224 | €11,427 | -€136,797 | -92.3% |
| Deferred charges and accrued income | 490/1 | - | €3,521 | +€3,521 | |
| Total equity and liabilities | 10/49 | €711,231 | €1,184,540 | +€473,309 | +66.5% |
| Equity | 10/15 | €669,162 | €651,336 | -€17,827 | -2.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €137,421 | €126,121 | -€11,300 | -8.2% |
| Non-distributable reserves | 130/1 | €27,170 | €27,170 | = | 0.0% |
| Legal reserve | 130 | €27,170 | €27,170 | = | 0.0% |
| Tax-exempt reserves | 132 | €110,251 | €98,951 | -€11,300 | -10.2% |
| Profit (loss) carried forward | 14 | €470,241 | €463,715 | -€6,526 | -1.4% |
| Provisions and deferred taxes | 16 | €32,452 | €28,685 | -€3,767 | -11.6% |
| Deferred taxes | 168 | €32,452 | €28,685 | -€3,767 | -11.6% |
| Amounts payable | 17/49 | €9,617 | €504,519 | +€494,902 | +5,146% |
| Amounts payable within one year | 42/48 | €9,617 | €502,389 | +€492,772 | +5,124% |
| Trade debts | 44 | €4,210 | €5,393 | +€1,183 | +28.1% |
| Suppliers | 440/4 | €4,210 | €5,393 | +€1,183 | +28.1% |
| Taxes, remuneration and social security | 45 | €4,949 | €126 | -€4,823 | -97.5% |
| Taxes | 450/3 | €4,949 | €126 | -€4,823 | -97.5% |
| Other amounts payable | 47/48 | €458 | €496,870 | +€496,412 | +108,316% |
| Accrued charges and deferred income | 492/3 | - | €2,130 | +€2,130 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,114 | €42,108 | +€11,993 | +39.8% |
| Other operating charges | 640/8 | €2,133 | €35,731 | +€33,599 | +1,575% |
| Gross operating margin | 9900 | €92,051 | €56,083 | -€35,968 | -39.1% |
| Operating profit (loss) | 9901 | €59,804 | -€21,756 | -€81,560 | |
| Financial income | 75/76B | €1,406 | €2,368 | +€962 | +68.5% |
| Recurring financial income | 75 | €1,406 | €2,368 | +€962 | +68.5% |
| Financial charges | 65/66B | - | €2,205 | +€2,205 | |
| Recurring financial charges | 65 | - | €2,205 | +€2,205 | |
| Profit (loss) for the period before taxes | 9903 | €61,209 | -€21,593 | -€82,803 | |
| Transfer from deferred taxes | 780 | €3,767 | €3,767 | = | 0.0% |
| Income taxes | 67/77 | €19,105 | - | -€19,105 | |
| Profit (loss) for the period | 9904 | €45,871 | -€17,827 | -€63,698 | |
| Transfer from tax-exempt reserves | 789 | €11,300 | €11,300 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,172 | -€6,526 | -€63,698 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.