PATZ: 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.
PATZ
Largest movements
- Intangible fixed assets +€10,499
up €10,499 (+268%), from €3,919 to €14,418
- Receivables within one year -€2,101
down €2,101 (-71.4%), from €2,941 to €840
of which Trade receivables: -€2,045
- Formation expenses -€933
no longer reported in 2025 (was €933)
- Cash +€259
up €259 (+18.0%), from €1,442 to €1,702
mainly Other debts (+€10,161) and Trade debts (+€3,755)
- Other debts +€10,161
up €10,161 (+6,394%), from €159 to €10,320
- Short-term financial debts -€5,689
no longer reported in 2025 (was €5,689)
- Trade debts +€3,755
up €3,755 (+896%), from €419 to €4,174
- Profit (loss) carried forward -€2,503
down €2,503 (-31.3%), from -€7,987 to -€10,490
- Contributions +€2,000
up €2,000 (+13.3%), from €15,000 to €17,000
- Depreciation +€2,151
up €2,151 (+2,569%), from €84 to €2,234
- Financial income +€1,748
new in 2025: €1,748
- Gross operating margin -€771
down €771 (-116%), from -€666 to -€1,437
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 | €13,280 | €21,004 | +€7,724 | +58.2% |
| Formation expenses | 20 | €933 | - | -€933 | |
| Fixed assets | 21/28 | €3,919 | €14,418 | +€10,499 | +268% |
| Intangible fixed assets | 21 | €3,919 | €14,418 | +€10,499 | +268% |
| Current assets | 29/58 | €8,428 | €6,586 | -€1,842 | -21.9% |
| Stocks and contracts in progress | 3 | €4,045 | €4,045 | = | 0.0% |
| Stocks | 30/36 | €4,045 | €4,045 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,941 | €840 | -€2,101 | -71.4% |
| Trade receivables | 40 | €2,045 | - | -€2,045 | |
| Other amounts receivable | 41 | €896 | €840 | -€57 | -6.3% |
| Cash at bank and in hand | 54/58 | €1,442 | €1,702 | +€259 | +18.0% |
| Total equity and liabilities | 10/49 | €13,280 | €21,004 | +€7,724 | +58.2% |
| Equity | 10/15 | €7,013 | €6,510 | -€503 | -7.2% |
| Contributions | 10/11 | €15,000 | €17,000 | +€2,000 | +13.3% |
| Profit (loss) carried forward | 14 | -€7,987 | -€10,490 | -€2,503 | -31.3% |
| Amounts payable | 17/49 | €6,267 | €14,494 | +€8,227 | +131% |
| Amounts payable within one year | 42/48 | €6,267 | €14,494 | +€8,227 | +131% |
| Financial debts | 43 | €5,689 | - | -€5,689 | |
| Credit institutions | 430/8 | €5,689 | - | -€5,689 | |
| Trade debts | 44 | €419 | €4,174 | +€3,755 | +896% |
| Suppliers | 440/4 | €419 | €4,174 | +€3,755 | +896% |
| Other amounts payable | 47/48 | €159 | €10,320 | +€10,161 | +6,394% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84 | €2,234 | +€2,151 | +2,569% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€666 | -€1,437 | -€771 | -116% |
| Operating profit (loss) | 9901 | -€1,137 | -€4,071 | -€2,934 | -258% |
| Financial income | 75/76B | - | €1,748 | +€1,748 | |
| Recurring financial income | 75 | - | €1,748 | +€1,748 | |
| Financial charges | 65/66B | €182 | €180 | -€2 | -1.3% |
| Recurring financial charges | 65 | €182 | €180 | -€2 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,319 | -€2,503 | -€1,184 | -89.7% |
| Profit (loss) for the period | 9904 | -€1,319 | -€2,503 | -€1,184 | -89.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,319 | -€2,503 | -€1,184 | -89.7% |
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 14 October 2026 via checked.be.