PATWORK: 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.
PATWORK
Largest movements
- Current investments +€151,531
up €151,531 (+378.8%), from €40,000 to €191,531
- Cash -€89,311
down €89,311 (-77.2%), from €115,732 to €26,421
mainly Current investments (-€151,531) and Short-term financial debts (-€9,841)
- Receivables within one year -€8,989
down €8,989 (-33.1%), from €27,194 to €18,206
of which Trade receivables: -€13,000
- Deferred charges and accrued income +€2,460
up €2,460 (+123.0%), from €2,000 to €4,460
- Reserves +€61,820
up €61,820 (+37.2%), from €166,159 to €227,978
of which Distributable reserves: +€61,820
- Short-term financial debts -€9,841
down €9,841 (-98.4%), from €10,000 to €159
- Financial charges +€3,173
up €3,173 (+335.0%), from €947 to €4,121
- Gross operating margin -€1,373
down €1,373 (-1.4%), from €101,037 to €99,664
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.
Cash bridge derived
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 | €188,407 | €242,427 | +€54,020 | +28.7% |
| Fixed assets | 21/28 | €3,480 | €1,810 | -€1,670 | -48.0% |
| Tangible fixed assets | 22/27 | €3,480 | €1,810 | -€1,670 | -48.0% |
| Furniture and vehicles | 24 | €3,480 | €1,810 | -€1,670 | -48.0% |
| Current assets | 29/58 | €184,927 | €240,617 | +€55,691 | +30.1% |
| Amounts receivable within one year | 40/41 | €27,194 | €18,206 | -€8,989 | -33.1% |
| Trade receivables | 40 | €26,620 | €13,620 | -€13,000 | -48.8% |
| Other amounts receivable | 41 | €574 | €4,586 | +€4,011 | +698.3% |
| Current investments | 50/53 | €40,000 | €191,531 | +€151,531 | +378.8% |
| Cash at bank and in hand | 54/58 | €115,732 | €26,421 | -€89,311 | -77.2% |
| Deferred charges and accrued income | 490/1 | €2,000 | €4,460 | +€2,460 | +123.0% |
| Total equity and liabilities | 10/49 | €188,407 | €242,427 | +€54,020 | +28.7% |
| Equity | 10/15 | €172,361 | €234,181 | +€61,820 | +35.9% |
| Contributions | 10/11 | €6,202 | €6,202 | = | 0.0% |
| Reserves | 13 | €166,159 | €227,978 | +€61,820 | +37.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €164,299 | €226,118 | +€61,820 | +37.6% |
| Amounts payable | 17/49 | €16,046 | €8,246 | -€7,800 | -48.6% |
| Amounts payable within one year | 42/48 | €16,046 | €8,246 | -€7,800 | -48.6% |
| Financial debts | 43 | €10,000 | €159 | -€9,841 | -98.4% |
| Credit institutions | 430/8 | €10,000 | €159 | -€9,841 | -98.4% |
| Trade debts | 44 | €393 | €570 | +€176 | +44.9% |
| Suppliers | 440/4 | €393 | €570 | +€176 | +44.9% |
| Taxes, remuneration and social security | 45 | €5,653 | €7,518 | +€1,865 | +33.0% |
| Taxes | 450/3 | €5,653 | €7,518 | +€1,865 | +33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,938 | €1,670 | -€267 | -13.8% |
| Other operating charges | 640/8 | €1,219 | €1,360 | +€142 | +11.6% |
| Gross operating margin | 9900 | €101,037 | €99,664 | -€1,373 | -1.4% |
| Operating profit (loss) | 9901 | €97,881 | €96,633 | -€1,248 | -1.3% |
| Financial income | 75/76B | - | €732 | +€732 | |
| Recurring financial income | 75 | - | €732 | +€732 | |
| Financial charges | 65/66B | €947 | €4,121 | +€3,173 | +335.0% |
| Recurring financial charges | 65 | €947 | €4,121 | +€3,173 | +335.0% |
| Profit (loss) for the period before taxes | 9903 | €96,934 | €93,245 | -€3,689 | -3.8% |
| Income taxes | 67/77 | €31,844 | €31,425 | -€419 | -1.3% |
| Profit (loss) for the period | 9904 | €65,090 | €61,820 | -€3,270 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €65,090 | €61,820 | -€3,270 | -5.0% |
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 9 October 2026 via checked.be.