PATTYMO: 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.
What changed
PATTYMO
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€21,741
2024 · €686,218-€664,476
Equity
€8.3m
2024 · €8.3m+€17,741
Cash
€94,576
2024 · €100,080-€5,504
Balance sheet total
€15.1m
2024 · €10.9m+€4.2m
Largest movements
Assets
- Financial fixed assets +€2.5m
up €2.5m (+589,856%), from €425 to €2.5m
- Receivables within one year +€1.1m
up €1.1m (+2,128%), from €49,654 to €1.1m
of which Other amounts receivable: +€1.1m
- Tangible fixed assets +€697,499
up €697,499 (+10.9%), from €6.4m to €7.1m
of which Assets under construction and advance payments: +€790,140
Equity and liabilities
- Debts after one year +€1.8m
up €1.8m (+83.2%), from €2.2m to €4.0m
- Other debts +€1.4m
up €1.4m (+24,226%), from €5,655 to €1.4m
- Short-term financial debts +€800,000
new in 2025: €800,000
Income statement
- Financial income -€814,800
down €814,800 (-71.4%), from €1.1m to €327,057
of which Non-recurring financial income: -€994,800
- Depreciation -€206,255
down €206,255 (-51.5%), from €400,671 to €194,416
- Financial charges +€114,135
up €114,135 (+992%), from €11,502 to €125,638
of which Financial charges: +€101,375
- Taxes -€67,354
down €67,354 (-92.4%), from €72,909 to €5,555
- Gross operating margin -€8,037
down €8,037 (-15.7%), from €51,237 to €43,201
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.
Result 2024
€686,218
Gross operating margin
-€8,037
Depreciation
+€206,255
Provisions
+€3,600
Other operating charges
-€6,991
Other operating items
+€2,278
Financial income
-€814,800
Financial charges
-€114,135
Taxes
+€67,354
Result 2025
€21,741
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€656,993
Investment
-€3.4m
Financing
+€2.7m
Cash 2024
€100,080
From operations (derived)
+€656,993
Net result for the year
+€21,741
Depreciation
+€194,416
Receivables within one year
-€1.1m
Smaller working-capital items
-€9,813
Provisions
-€15,632
Trade debts
+€125,260
Other debts
+€1.4m
Accrued charges and deferred income
+€27,508
Investment (derived)
-€3.4m
Investment in fixed assets (net)
-€3.4m
Current investments
+€47,136
Financing
+€2.7m
Debts after one year
+€1.8m
Current portion of long-term debt
+€80,814
Short-term financial debts
+€800,000
Contributions, distributions and other
-€4,000
Cash 2025
€94,576
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,918,161 | €15,132,700 | +€4.2m | +38.6% |
| Fixed assets | 21/28 | €6,420,776 | €9,625,165 | +€3.2m | +49.9% |
| Tangible fixed assets | 22/27 | €6,420,351 | €7,117,850 | +€697,499 | +10.9% |
| Land and buildings | 22 | €4,675,726 | €4,636,785 | -€38,941 | -0.8% |
| Plant, machinery and equipment | 23 | €112,702 | €93,783 | -€18,920 | -16.8% |
| Furniture and vehicles | 24 | €111,621 | €94,001 | -€17,620 | -15.8% |
| Other tangible fixed assets | 26 | €1,360,159 | €1,342,998 | -€17,161 | -1.3% |
| Assets under construction and advance payments | 27 | €160,144 | €950,284 | +€790,140 | +493% |
| Financial fixed assets | 28 | €425 | €2,507,315 | +€2.5m | +589,856% |
| Current assets | 29/58 | €4,497,384 | €5,507,535 | +€1.0m | +22.5% |
| Amounts receivable within one year | 40/41 | €49,654 | €1,106,081 | +€1.1m | +2,128% |
| Trade receivables | 40 | €14,948 | - | -€14,948 | |
| Other amounts receivable | 41 | €34,705 | €1,106,081 | +€1.1m | +3,087% |
| Current investments | 50/53 | €4,297,573 | €4,250,437 | -€47,136 | -1.1% |
| Cash at bank and in hand | 54/58 | €100,080 | €94,576 | -€5,504 | -5.5% |
| Deferred charges and accrued income | 490/1 | €50,077 | €56,441 | +€6,364 | +12.7% |
| Total equity and liabilities | 10/49 | €10,918,161 | €15,132,700 | +€4.2m | +38.6% |
| Equity | 10/15 | €8,303,964 | €8,321,706 | +€17,741 | +0.2% |
| Contributions | 10/11 | €539,451 | €539,451 | = | 0.0% |
| Capital | 10 | €539,451 | €539,451 | = | 0.0% |
| Issued capital | 100 | €539,451 | €539,451 | = | 0.0% |
| Revaluation surpluses | 12 | €114,000 | €114,000 | = | 0.0% |
| Reserves | 13 | €7,607,305 | €7,625,045 | +€17,740 | +0.2% |
| Non-distributable reserves | 130/1 | €53,945 | €53,945 | = | 0.0% |
| Legal reserve | 130 | €53,945 | €53,945 | = | 0.0% |
| Tax-exempt reserves | 132 | €826,550 | €790,455 | -€36,095 | -4.4% |
| Distributable reserves | 133 | €6,726,810 | €6,780,645 | +€53,835 | +0.8% |
| Profit (loss) carried forward | 14 | €149 | €151 | +€2 | +1.1% |
| Investment grants | 15 | €43,059 | €43,059 | = | 0.0% |
| Provisions and deferred taxes | 16 | €279,050 | €263,418 | -€15,632 | -5.6% |
| Provisions for liabilities and charges | 160/5 | €3,600 | - | -€3,600 | |
| Major repairs and maintenance | 162 | €3,600 | - | -€3,600 | |
| Deferred taxes | 168 | €275,450 | €263,418 | -€12,032 | -4.4% |
| Amounts payable | 17/49 | €2,335,147 | €6,547,577 | +€4.2m | +180% |
| Amounts payable after more than one year | 17 | €2,179,459 | €3,991,818 | +€1.8m | +83.2% |
| Financial debts | 170/4 | €2,179,459 | €3,991,818 | +€1.8m | +83.2% |
| Amounts payable within one year | 42/48 | €139,697 | €2,512,261 | +€2.4m | +1,698% |
| Current portion of amounts payable after more than one year | 42 | €75,364 | €156,178 | +€80,814 | +107% |
| Financial debts | 43 | - | €800,000 | +€800,000 | |
| Credit institutions | 430/8 | - | €800,000 | +€800,000 | |
| Trade debts | 44 | €23,975 | €149,235 | +€125,260 | +522% |
| Suppliers | 440/4 | €23,975 | €149,235 | +€125,260 | +522% |
| Taxes, remuneration and social security | 45 | €34,703 | €31,253 | -€3,450 | -9.9% |
| Taxes | 450/3 | €34,703 | €31,253 | -€3,450 | -9.9% |
| Other amounts payable | 47/48 | €5,655 | €1,375,595 | +€1.4m | +24,226% |
| Accrued charges and deferred income | 492/3 | €15,990 | €43,498 | +€27,508 | +172% |
| Non-recurring operating income | 76A | €25,869 | €771 | -€25,098 | -97.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400,671 | €194,416 | -€206,255 | -51.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€3,600 | -€3,600 | |
| Other operating charges | 640/8 | €31,548 | €38,539 | +€6,991 | +22.2% |
| Non-recurring operating charges | 66A | €2,278 | - | -€2,278 | |
| Gross operating margin | 9900 | €51,237 | €43,201 | -€8,037 | -15.7% |
| Operating profit (loss) | 9901 | -€383,259 | -€186,155 | +€197,104 | +51.4% |
| Financial income | 75/76B | €1,141,857 | €327,057 | -€814,800 | -71.4% |
| Recurring financial income | 75 | €122,017 | €302,017 | +€180,000 | +148% |
| Non-recurring financial income | 76B | €1,019,840 | €25,039 | -€994,800 | -97.5% |
| Financial charges | 65/66B | €11,502 | €125,638 | +€114,135 | +992% |
| Recurring financial charges | 65 | €11,502 | €112,877 | +€101,375 | +881% |
| Non-recurring financial charges | 66B | - | €12,760 | +€12,760 | |
| Profit (loss) for the period before taxes | 9903 | €747,095 | €15,264 | -€731,831 | -98.0% |
| Transfer from deferred taxes | 780 | €12,032 | €12,032 | +€0 | 0.0% |
| Income taxes | 67/77 | €72,909 | €5,555 | -€67,354 | -92.4% |
| Profit (loss) for the period | 9904 | €686,218 | €21,741 | -€664,476 | -96.8% |
| Transfer from tax-exempt reserves | 789 | €36,095 | €36,095 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €722,313 | €57,837 | -€664,476 | -92.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.