Patvannced: 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.
Patvannced
Largest movements
- Cash -€17,769
down €17,769 (-23.8%), from €74,541 to €56,772
mainly Other debts (-€56,696) and Tax, wage and social debts (-€42,690)
- Receivables within one year -€16,365
down €16,365 (-95.5%), from €17,137 to €773
- Tangible fixed assets -€9,333
down €9,333 (-38.2%), from €24,403 to €15,070
of which Furniture and vehicles: -€8,851
- Deferred charges and accrued income -€1,237
down €1,237 (-91.8%), from €1,348 to €111
- Other debts -€56,696
down €56,696 (-99.6%), from €56,929 to €233
- Profit (loss) carried forward +€55,077
new in 2025: €55,077
- Tax, wage and social debts -€42,690
down €42,690 (-77.6%), from €54,987 to €12,297
- Gross operating margin +€11,879
up €11,879 (+16.7%), from €71,280 to €83,159
- Financial income -€10,852
down €10,852 (-99.9%), from €10,862 to €10
- Taxes +€2,926
up €2,926 (+24.1%), from €12,135 to €15,062
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 | €117,429 | €72,725 | -€44,704 | -38.1% |
| Fixed assets | 21/28 | €24,403 | €15,070 | -€9,333 | -38.2% |
| Tangible fixed assets | 22/27 | €24,403 | €15,070 | -€9,333 | -38.2% |
| Plant, machinery and equipment | 23 | €3,988 | €3,506 | -€482 | -12.1% |
| Furniture and vehicles | 24 | €20,415 | €11,564 | -€8,851 | -43.4% |
| Current assets | 29/58 | €93,026 | €57,655 | -€35,370 | -38.0% |
| Amounts receivable within one year | 40/41 | €17,137 | €773 | -€16,365 | -95.5% |
| Trade receivables | 40 | €17,137 | €773 | -€16,365 | -95.5% |
| Cash at bank and in hand | 54/58 | €74,541 | €56,772 | -€17,769 | -23.8% |
| Deferred charges and accrued income | 490/1 | €1,348 | €111 | -€1,237 | -91.8% |
| Total equity and liabilities | 10/49 | €117,429 | €72,725 | -€44,704 | -38.1% |
| Equity | 10/15 | €3,000 | €58,077 | +€55,077 | +1,836% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €55,077 | +€55,077 | |
| Amounts payable | 17/49 | €114,429 | €14,649 | -€99,780 | -87.2% |
| Amounts payable within one year | 42/48 | €114,429 | €14,649 | -€99,780 | -87.2% |
| Trade debts | 44 | €2,513 | €2,119 | -€394 | -15.7% |
| Suppliers | 440/4 | €2,513 | €2,119 | -€394 | -15.7% |
| Taxes, remuneration and social security | 45 | €54,987 | €12,297 | -€42,690 | -77.6% |
| Taxes | 450/3 | €54,987 | €12,297 | -€42,690 | -77.6% |
| Other amounts payable | 47/48 | €56,929 | €233 | -€56,696 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,055 | €12,881 | -€174 | -1.3% |
| Other operating charges | 640/8 | €125 | €58 | -€67 | -53.7% |
| Gross operating margin | 9900 | €71,280 | €83,159 | +€11,879 | +16.7% |
| Operating profit (loss) | 9901 | €58,100 | €70,220 | +€12,120 | +20.9% |
| Financial income | 75/76B | €10,862 | €10 | -€10,852 | -99.9% |
| Recurring financial income | 75 | €10,862 | €10 | -€10,852 | -99.9% |
| Financial charges | 65/66B | €93 | €91 | -€1 | -1.4% |
| Recurring financial charges | 65 | €93 | €91 | -€1 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €68,869 | €70,138 | +€1,269 | +1.8% |
| Income taxes | 67/77 | €12,135 | €15,062 | +€2,926 | +24.1% |
| Profit (loss) for the period | 9904 | €56,734 | €55,077 | -€1,657 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,734 | €55,077 | -€1,657 | -2.9% |
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 16 October 2026 via checked.be.