PATYBREAD: what changed
Two fiscal 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.
PATYBREAD
Largest movements
- Receivables within one year -€10,151
down €10,151 (-96.4%), from €10,526 to €375
of which Trade receivables: -€10,214
- Tangible fixed assets -€6,633
down €6,633 (-19.4%), from €34,272 to €27,639
of which Plant, machinery and equipment: -€7,458
- Cash +€4,987
up €4,987 (+72.6%), from €6,866 to €11,853
mainly Depreciation (+€12,305) and Receivables within one year (+€10,151)
- Advances received -€12,154
no longer reported in 2025 (was €12,154)
- Tax, wage and social debts +€8,003
up €8,003 (+41.0%), from €19,523 to €27,526
of which Remuneration and social security: +€5,510
- Profit (loss) carried forward -€3,900
down €3,900 (-11.3%), from -€34,630 to -€38,530
- Trade debts -€2,845
down €2,845 (-30.0%), from €9,492 to €6,647
- Staff costs -€19,015
down €19,015 (-13.4%), from €141,643 to €122,628
- Gross operating margin -€11,382
down €11,382 (-7.3%), from €156,477 to €145,095
- Financial charges +€1,609
up €1,609 (+15.2%), from €10,570 to €12,179
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 | €55,579 | €44,252 | -€11,327 | -20.4% |
| Fixed assets | 21/28 | €34,352 | €27,719 | -€6,633 | -19.3% |
| Tangible fixed assets | 22/27 | €34,272 | €27,639 | -€6,633 | -19.4% |
| Plant, machinery and equipment | 23 | €33,439 | €25,981 | -€7,458 | -22.3% |
| Furniture and vehicles | 24 | €833 | €1,658 | +€825 | +99.0% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €21,227 | €16,533 | -€4,694 | -22.1% |
| Stocks and contracts in progress | 3 | €1,759 | €2,230 | +€471 | +26.8% |
| Stocks | 30/36 | €1,759 | €2,230 | +€471 | +26.8% |
| Amounts receivable within one year | 40/41 | €10,526 | €375 | -€10,151 | -96.4% |
| Trade receivables | 40 | €10,214 | - | -€10,214 | |
| Other amounts receivable | 41 | €312 | €375 | +€63 | +20.2% |
| Cash at bank and in hand | 54/58 | €6,866 | €11,853 | +€4,987 | +72.6% |
| Deferred charges and accrued income | 490/1 | €2,076 | €2,075 | -€1 | 0.0% |
| Total equity and liabilities | 10/49 | €55,579 | €44,252 | -€11,327 | -20.4% |
| Equity | 10/15 | -€26,570 | -€30,470 | -€3,900 | -14.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,630 | -€38,530 | -€3,900 | -11.3% |
| Amounts payable | 17/49 | €82,149 | €74,722 | -€7,427 | -9.0% |
| Amounts payable within one year | 42/48 | €82,149 | €74,722 | -€7,427 | -9.0% |
| Trade debts | 44 | €9,492 | €6,647 | -€2,845 | -30.0% |
| Suppliers | 440/4 | €9,492 | €6,647 | -€2,845 | -30.0% |
| Advances received on contracts in progress | 46 | €12,154 | - | -€12,154 | |
| Taxes, remuneration and social security | 45 | €19,523 | €27,526 | +€8,003 | +41.0% |
| Taxes | 450/3 | €6,414 | €8,907 | +€2,493 | +38.9% |
| Remuneration and social security | 454/9 | €13,109 | €18,619 | +€5,510 | +42.0% |
| Other amounts payable | 47/48 | €40,980 | €40,549 | -€431 | -1.1% |
| Remuneration, social security and pensions | 62 | €141,643 | €122,628 | -€19,015 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,289 | €12,305 | +€1,016 | +9.0% |
| Other operating charges | 640/8 | €1,204 | €1,735 | +€531 | +44.1% |
| Gross operating margin | 9900 | €156,477 | €145,095 | -€11,382 | -7.3% |
| Operating profit (loss) | 9901 | €2,341 | €8,427 | +€6,086 | +260.0% |
| Financial income | 75/76B | €376 | €15 | -€361 | -96.0% |
| Recurring financial income | 75 | €376 | €15 | -€361 | -96.0% |
| Financial charges | 65/66B | €10,570 | €12,179 | +€1,609 | +15.2% |
| Recurring financial charges | 65 | €10,570 | €12,179 | +€1,609 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,853 | -€3,737 | +€4,116 | +52.4% |
| Income taxes | 67/77 | - | €163 | +€163 | |
| Profit (loss) for the period | 9904 | -€7,853 | -€3,900 | +€3,953 | +50.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,853 | -€3,900 | +€3,953 | +50.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.