PATY GROUP: 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.
PATY GROUP
Largest movements
- Tangible fixed assets +€690,771
up €690,771 (+2,278%), from €30,330 to €721,101
of which Land and buildings: +€683,658
- Cash +€22,793
up €22,793 (+252%), from €9,057 to €31,851
mainly Debts after one year (+€553,527) and Net result for the year (+€113,133)
- Receivables within one year +€19,637
up €19,637 (+16.8%), from €116,984 to €136,621
of which Other amounts receivable: +€28,914
- Debts after one year +€553,527
new in 2025: €553,527
- Profit (loss) carried forward +€113,133
new in 2025: €113,133
- Tax, wage and social debts +€35,302
up €35,302 (+59.3%), from €59,507 to €94,809
of which Taxes: +€31,143
- Other debts +€27,872
up €27,872 (+1,310%), from €2,128 to €30,000
- Current portion of long-term debt +€21,473
new in 2025: €21,473
- Gross operating margin +€105,065
up €105,065 (+80.9%), from €129,900 to €234,964
- Taxes +€21,863
up €21,863 (+218%), from €10,047 to €31,911
- Staff costs -€12,906
down €12,906 (-18.9%), from €68,144 to €55,238
- Depreciation +€12,188
up €12,188 (+135%), from €9,042 to €21,230
- Other operating charges +€4,827
up €4,827 (+117%), from €4,136 to €8,963
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 | €169,986 | €899,954 | +€729,968 | +429% |
| Formation expenses | 20 | €459 | €183 | -€276 | -60.1% |
| Fixed assets | 21/28 | €41,327 | €729,098 | +€687,771 | +1,664% |
| Intangible fixed assets | 21 | €10,997 | €7,997 | -€3,000 | -27.3% |
| Tangible fixed assets | 22/27 | €30,330 | €721,101 | +€690,771 | +2,278% |
| Land and buildings | 22 | - | €683,658 | +€683,658 | |
| Plant, machinery and equipment | 23 | €30,330 | €33,974 | +€3,643 | +12.0% |
| Furniture and vehicles | 24 | - | €3,470 | +€3,470 | |
| Current assets | 29/58 | €128,199 | €170,673 | +€42,474 | +33.1% |
| Stocks and contracts in progress | 3 | €2,157 | €1,957 | -€200 | -9.3% |
| Stocks | 30/36 | €2,157 | €1,957 | -€200 | -9.3% |
| Amounts receivable within one year | 40/41 | €116,984 | €136,621 | +€19,637 | +16.8% |
| Trade receivables | 40 | €114,565 | €105,287 | -€9,278 | -8.1% |
| Other amounts receivable | 41 | €2,420 | €31,334 | +€28,914 | +1,195% |
| Cash at bank and in hand | 54/58 | €9,057 | €31,851 | +€22,793 | +252% |
| Deferred charges and accrued income | 490/1 | - | €244 | +€244 | |
| Total equity and liabilities | 10/49 | €169,986 | €899,954 | +€729,968 | +429% |
| Equity | 10/15 | €61,444 | €174,576 | +€113,133 | +184% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €36,444 | €36,444 | = | 0.0% |
| Distributable reserves | 133 | €36,444 | €36,444 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €113,133 | +€113,133 | |
| Amounts payable | 17/49 | €108,542 | €725,378 | +€616,835 | +568% |
| Amounts payable after more than one year | 17 | - | €553,527 | +€553,527 | |
| Financial debts | 170/4 | - | €553,527 | +€553,527 | |
| Amounts payable within one year | 42/48 | €108,542 | €171,851 | +€63,309 | +58.3% |
| Current portion of amounts payable after more than one year | 42 | - | €21,473 | +€21,473 | |
| Trade debts | 44 | €46,907 | €25,568 | -€21,339 | -45.5% |
| Suppliers | 440/4 | €46,907 | €25,568 | -€21,339 | -45.5% |
| Taxes, remuneration and social security | 45 | €59,507 | €94,809 | +€35,302 | +59.3% |
| Taxes | 450/3 | €55,148 | €86,291 | +€31,143 | +56.5% |
| Remuneration and social security | 454/9 | €4,359 | €8,518 | +€4,160 | +95.4% |
| Other amounts payable | 47/48 | €2,128 | €30,000 | +€27,872 | +1,310% |
| Remuneration, social security and pensions | 62 | €68,144 | €55,238 | -€12,906 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,042 | €21,230 | +€12,188 | +135% |
| Other operating charges | 640/8 | €4,136 | €8,963 | +€4,827 | +117% |
| Gross operating margin | 9900 | €129,900 | €234,964 | +€105,065 | +80.9% |
| Operating profit (loss) | 9901 | €48,578 | €149,534 | +€100,956 | +208% |
| Financial income | 75/76B | €110 | €352 | +€243 | +221% |
| Recurring financial income | 75 | €110 | €352 | +€243 | +221% |
| Financial charges | 65/66B | €2,197 | €4,843 | +€2,646 | +120% |
| Recurring financial charges | 65 | €2,197 | €4,843 | +€2,646 | +120% |
| Profit (loss) for the period before taxes | 9903 | €46,491 | €145,043 | +€98,552 | +212% |
| Income taxes | 67/77 | €10,047 | €31,911 | +€21,863 | +218% |
| Profit (loss) for the period | 9904 | €36,444 | €113,133 | +€76,689 | +210% |
| Profit (loss) for the period to be appropriated | 9905 | €36,444 | €113,133 | +€76,689 | +210% |
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 26 October 2026 via checked.be.