PATTYN TRAILERS: 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
PATTYN TRAILERS
NACE 25.110, Manufacture of metal structures and parts of structures
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€185,739
2024 · €142,918+€42,821
Equity
€1.2m
2024 · €964,261+€185,739
Cash
€44,804
2024 · €54,712-€9,908
Balance sheet total
€1.3m
2024 · €1.1m+€246,611
Largest movements
Assets
- Stocks and contracts +€173,311
up €173,311 (+42.5%), from €407,615 to €580,925
- Receivables within one year +€159,745
up €159,745 (+180%), from €88,910 to €248,655
of which Trade receivables: +€86,995
- Current investments -€50,000
down €50,000 (-14.4%), from €347,018 to €297,018
- Tangible fixed assets -€26,538
down €26,538 (-13.0%), from €204,504 to €177,966
of which Land and buildings: -€15,015
Equity and liabilities
- Reserves +€185,739
up €185,739 (+21.4%), from €869,261 to €1.1m
of which Distributable reserves: +€195,239
- Tax, wage and social debts +€51,954
up €51,954 (+203%), from €25,550 to €77,504
of which Taxes: +€51,688
- Trade debts +€26,344
up €26,344 (+37.9%), from €69,544 to €95,889
Income statement
- Gross operating margin +€86,182
up €86,182 (+38.1%), from €226,294 to €312,476
- Taxes +€37,445
up €37,445 (+67.8%), from €55,226 to €92,671
- Financial income -€9,485
down €9,485 (-48.3%), from €19,619 to €10,134
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
€142,918
Gross operating margin
+€86,182
Staff costs
+€1,459
Depreciation
-€1,449
Write-downs
-€273
Provisions
+€2,500
Other operating charges
-€642
Financial income
-€9,485
Financial charges
+€1,973
Taxes
-€37,445
Result 2025
€185,739
raises the resultlowers the result
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
-€53,338
Investment
+€48,632
Financing
-€5,201
Cash 2024
€54,712
From operations (derived)
-€53,338
Net result for the year
+€185,739
Depreciation
+€27,906
Stocks and contracts
-€173,311
Receivables within one year
-€159,745
Provisions
-€2,500
Trade debts
+€26,344
Tax, wage and social debts
+€51,954
Other debts
-€9,813
Accrued charges and deferred income
+€88
Investment (derived)
+€48,632
Investment in fixed assets (net)
-€1,369
Current investments
+€50,000
Financing
-€5,201
Debts after one year
-€5,244
Current portion of long-term debt
+€43
Cash 2025
€44,804
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,102,758 | €1,349,368 | +€246,611 | +22.4% |
| Fixed assets | 21/28 | €204,504 | €177,966 | -€26,538 | -13.0% |
| Tangible fixed assets | 22/27 | €204,504 | €177,966 | -€26,538 | -13.0% |
| Land and buildings | 22 | €160,066 | €145,051 | -€15,015 | -9.4% |
| Plant, machinery and equipment | 23 | €18,089 | €12,699 | -€5,390 | -29.8% |
| Furniture and vehicles | 24 | €26,349 | €20,216 | -€6,133 | -23.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €898,254 | €1,171,402 | +€273,148 | +30.4% |
| Stocks and contracts in progress | 3 | €407,615 | €580,925 | +€173,311 | +42.5% |
| Stocks | 30/36 | €407,615 | €580,925 | +€173,311 | +42.5% |
| Amounts receivable within one year | 40/41 | €88,910 | €248,655 | +€159,745 | +180% |
| Trade receivables | 40 | €88,910 | €175,905 | +€86,995 | +97.8% |
| Other amounts receivable | 41 | €0 | €72,750 | +€72,750 | |
| Current investments | 50/53 | €347,018 | €297,018 | -€50,000 | -14.4% |
| Cash at bank and in hand | 54/58 | €54,712 | €44,804 | -€9,908 | -18.1% |
| Total equity and liabilities | 10/49 | €1,102,758 | €1,349,368 | +€246,611 | +22.4% |
| Equity | 10/15 | €964,261 | €1,150,000 | +€185,739 | +19.3% |
| Contributions | 10/11 | €95,000 | €95,000 | = | 0.0% |
| Reserves | 13 | €869,261 | €1,055,000 | +€185,739 | +21.4% |
| Non-distributable reserves | 130/1 | €9,500 | €0 | -€9,500 | -100% |
| Reserves not available under the articles | 1311 | €9,500 | €0 | -€9,500 | -100% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €841,011 | €1,036,250 | +€195,239 | +23.2% |
| Provisions and deferred taxes | 16 | €2,500 | €0 | -€2,500 | -100% |
| Provisions for liabilities and charges | 160/5 | €2,500 | €0 | -€2,500 | -100% |
| Major repairs and maintenance | 162 | €2,500 | €0 | -€2,500 | -100% |
| Amounts payable | 17/49 | €135,997 | €199,368 | +€63,371 | +46.6% |
| Amounts payable after more than one year | 17 | €5,683 | €439 | -€5,244 | -92.3% |
| Financial debts | 170/4 | €5,683 | €439 | -€5,244 | -92.3% |
| Amounts payable within one year | 42/48 | €130,314 | €198,842 | +€68,527 | +52.6% |
| Current portion of amounts payable after more than one year | 42 | €5,201 | €5,244 | +€43 | +0.8% |
| Trade debts | 44 | €69,544 | €95,889 | +€26,344 | +37.9% |
| Suppliers | 440/4 | €69,544 | €95,889 | +€26,344 | +37.9% |
| Taxes, remuneration and social security | 45 | €25,550 | €77,504 | +€51,954 | +203% |
| Taxes | 450/3 | €23,660 | €75,348 | +€51,688 | +218% |
| Remuneration and social security | 454/9 | €1,890 | €2,156 | +€266 | +14.1% |
| Other amounts payable | 47/48 | €30,019 | €20,205 | -€9,813 | -32.7% |
| Accrued charges and deferred income | 492/3 | - | €88 | +€88 | |
| Non-recurring operating income | 76A | €1,241 | €0 | -€1,241 | -100% |
| Remuneration, social security and pensions | 62 | €12,322 | €10,863 | -€1,459 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,458 | €27,906 | +€1,449 | +5.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €273 | +€273 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€2,500 | -€2,500 | |
| Other operating charges | 640/8 | €5,693 | €6,335 | +€642 | +11.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €226,294 | €312,476 | +€86,182 | +38.1% |
| Operating profit (loss) | 9901 | €181,820 | €269,599 | +€87,778 | +48.3% |
| Financial income | 75/76B | €19,619 | €10,134 | -€9,485 | -48.3% |
| Recurring financial income | 75 | €19,619 | €10,134 | -€9,485 | -48.3% |
| Financial charges | 65/66B | €3,295 | €1,322 | -€1,973 | -59.9% |
| Recurring financial charges | 65 | €3,295 | €1,322 | -€1,973 | -59.9% |
| Profit (loss) for the period before taxes | 9903 | €198,145 | €278,410 | +€80,266 | +40.5% |
| Income taxes | 67/77 | €55,226 | €92,671 | +€37,445 | +67.8% |
| Profit (loss) for the period | 9904 | €142,918 | €185,739 | +€42,821 | +30.0% |
| Profit (loss) for the period to be appropriated | 9905 | €142,918 | €185,739 | +€42,821 | +30.0% |
Source: filed annual accounts (NBB), financial years ended 29 February 2024 and 28 February 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.