PATVAN: 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.
PATVAN
Largest movements
- Tangible fixed assets -€64,529
down €64,529 (-6.7%), from €964,402 to €899,872
of which Land and buildings: -€54,371
- Cash -€50,655
down €50,655 (-51.5%), from €98,269 to €47,614
mainly Contributions, distributions and other (-€88,400) and Debts after one year (-€50,477)
- Current investments +€40,000
up €40,000 (+40.0%), from €100,000 to €140,000
- Deferred charges and accrued income +€35,966
up €35,966 (+3,296%), from €1,091 to €37,057
- Receivables within one year +€14,882
up €14,882 (+5.8%), from €257,847 to €272,730
of which Trade receivables: +€14,153
- Debts after one year -€50,477
down €50,477 (-13.8%), from €364,774 to €314,297
- Reserves +€27,911
up €27,911 (+5.1%), from €544,041 to €571,952
of which Distributable reserves: +€27,911
- Financial income +€3,084
up €3,084 (+50,059%), from €6 to €3,090
- Gross operating margin -€2,305
down €2,305 (-1.1%), from €208,894 to €206,589
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 | €1,421,609 | €1,397,273 | -€24,336 | -1.7% |
| Fixed assets | 21/28 | €964,402 | €899,872 | -€64,529 | -6.7% |
| Tangible fixed assets | 22/27 | €964,402 | €899,872 | -€64,529 | -6.7% |
| Land and buildings | 22 | €954,244 | €899,872 | -€54,371 | -5.7% |
| Plant, machinery and equipment | 23 | €10,158 | - | -€10,158 | |
| Current assets | 29/58 | €457,207 | €497,401 | +€40,194 | +8.8% |
| Amounts receivable within one year | 40/41 | €257,847 | €272,730 | +€14,882 | +5.8% |
| Trade receivables | 40 | €7,076 | €21,229 | +€14,153 | +200% |
| Other amounts receivable | 41 | €250,771 | €251,500 | +€729 | +0.3% |
| Current investments | 50/53 | €100,000 | €140,000 | +€40,000 | +40.0% |
| Cash at bank and in hand | 54/58 | €98,269 | €47,614 | -€50,655 | -51.5% |
| Deferred charges and accrued income | 490/1 | €1,091 | €37,057 | +€35,966 | +3,296% |
| Total equity and liabilities | 10/49 | €1,421,609 | €1,397,273 | -€24,336 | -1.7% |
| Equity | 10/15 | €903,837 | €931,748 | +€27,911 | +3.1% |
| Contributions | 10/11 | €356,962 | €356,962 | = | 0.0% |
| Capital | 10 | €356,962 | €356,962 | = | 0.0% |
| Issued capital | 100 | €356,962 | €356,962 | = | 0.0% |
| Reserves | 13 | €544,041 | €571,952 | +€27,911 | +5.1% |
| Non-distributable reserves | 130/1 | €35,696 | €35,696 | = | 0.0% |
| Legal reserve | 130 | €35,696 | €35,696 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,353 | €37,353 | = | 0.0% |
| Distributable reserves | 133 | €470,992 | €498,903 | +€27,911 | +5.9% |
| Investment grants | 15 | €2,834 | €2,834 | = | 0.0% |
| Amounts payable | 17/49 | €517,772 | €465,526 | -€52,246 | -10.1% |
| Amounts payable after more than one year | 17 | €364,774 | €314,297 | -€50,477 | -13.8% |
| Financial debts | 170/4 | €364,774 | €314,297 | -€50,477 | -13.8% |
| Amounts payable within one year | 42/48 | €150,273 | €144,092 | -€6,181 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €49,948 | €50,477 | +€529 | +1.1% |
| Trade debts | 44 | €8,031 | €2,916 | -€5,116 | -63.7% |
| Suppliers | 440/4 | €8,031 | €2,916 | -€5,116 | -63.7% |
| Taxes, remuneration and social security | 45 | €3,893 | €2,299 | -€1,594 | -40.9% |
| Taxes | 450/3 | €3,893 | €2,299 | -€1,594 | -40.9% |
| Other amounts payable | 47/48 | €88,400 | €88,400 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,725 | €7,137 | +€4,412 | +162% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,533 | €64,529 | -€4 | 0.0% |
| Other operating charges | 640/8 | €14,489 | €15,002 | +€512 | +3.5% |
| Gross operating margin | 9900 | €208,894 | €206,589 | -€2,305 | -1.1% |
| Operating profit (loss) | 9901 | €129,872 | €127,058 | -€2,814 | -2.2% |
| Financial income | 75/76B | €6 | €3,090 | +€3,084 | +50,059% |
| Recurring financial income | 75 | €6 | €3,090 | +€3,084 | +50,059% |
| Financial charges | 65/66B | €4,965 | €4,503 | -€463 | -9.3% |
| Recurring financial charges | 65 | €4,965 | €4,503 | -€463 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €124,913 | €125,645 | +€733 | +0.6% |
| Income taxes | 67/77 | €9,296 | €9,335 | +€39 | +0.4% |
| Profit (loss) for the period | 9904 | €115,617 | €116,311 | +€693 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €115,617 | €116,311 | +€693 | +0.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.