PATZIO: 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.
PATZIO
Largest movements
- Receivables within one year -€13,951
down €13,951 (-44.3%), from €31,483 to €17,532
of which Trade receivables: -€14,450
- Cash +€13,101
up €13,101 (+47.1%), from €27,797 to €40,897
mainly Receivables within one year (+€13,951) and Other debts (+€6,941)
- Financial fixed assets -€1,760
down €1,760 (-68.8%), from €2,560 to €800
- Tangible fixed assets -€1,261
down €1,261 (-15.5%), from €8,141 to €6,880
- Trade debts -€12,616
down €12,616 (-24.6%), from €51,263 to €38,647
- Other debts +€6,941
up €6,941 (+773.2%), from €898 to €7,839
- Accrued charges and deferred income -€3,280
no longer reported in 2024 (was €3,280)
- Profit (loss) carried forward +€3,239
up €3,239 (+5.3%), from -€61,662 to -€58,423
- Tax, wage and social debts +€1,384
up €1,384 (+2.2%), from €62,142 to €63,526
of which Taxes: +€5,326
- Gross operating margin +€10,228
up €10,228 (+9.1%), from €112,856 to €123,084
- Staff costs -€2,909
down €2,909 (-2.8%), from €105,658 to €102,750
- Depreciation +€1,427
up €1,427 (+72.1%), from €1,979 to €3,406
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,432 | €72,100 | -€4,332 | -5.7% |
| Fixed assets | 21/28 | €10,701 | €7,680 | -€3,021 | -28.2% |
| Tangible fixed assets | 22/27 | €8,141 | €6,880 | -€1,261 | -15.5% |
| Furniture and vehicles | 24 | €8,141 | €6,880 | -€1,261 | -15.5% |
| Financial fixed assets | 28 | €2,560 | €800 | -€1,760 | -68.8% |
| Current assets | 29/58 | €65,731 | €64,420 | -€1,311 | -2.0% |
| Stocks and contracts in progress | 3 | €6,200 | €5,750 | -€450 | -7.3% |
| Stocks | 30/36 | €6,200 | €5,750 | -€450 | -7.3% |
| Amounts receivable within one year | 40/41 | €31,483 | €17,532 | -€13,951 | -44.3% |
| Trade receivables | 40 | €29,632 | €15,182 | -€14,450 | -48.8% |
| Other amounts receivable | 41 | €1,851 | €2,350 | +€499 | +27.0% |
| Cash at bank and in hand | 54/58 | €27,797 | €40,897 | +€13,101 | +47.1% |
| Deferred charges and accrued income | 490/1 | €252 | €241 | -€10 | -4.2% |
| Total equity and liabilities | 10/49 | €76,432 | €72,100 | -€4,332 | -5.7% |
| Equity | 10/15 | -€41,662 | -€38,423 | +€3,239 | +7.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,662 | -€58,423 | +€3,239 | +5.3% |
| Amounts payable | 17/49 | €118,095 | €110,523 | -€7,571 | -6.4% |
| Amounts payable within one year | 42/48 | €114,815 | €110,523 | -€4,291 | -3.7% |
| Financial debts | 43 | €512 | €512 | = | 0.0% |
| Credit institutions | 430/8 | €512 | €512 | = | 0.0% |
| Trade debts | 44 | €51,263 | €38,647 | -€12,616 | -24.6% |
| Suppliers | 440/4 | €51,263 | €38,647 | -€12,616 | -24.6% |
| Taxes, remuneration and social security | 45 | €62,142 | €63,526 | +€1,384 | +2.2% |
| Taxes | 450/3 | €27,571 | €32,897 | +€5,326 | +19.3% |
| Remuneration and social security | 454/9 | €34,572 | €30,629 | -€3,943 | -11.4% |
| Other amounts payable | 47/48 | €898 | €7,839 | +€6,941 | +773.2% |
| Accrued charges and deferred income | 492/3 | €3,280 | - | -€3,280 | |
| Remuneration, social security and pensions | 62 | €105,658 | €102,750 | -€2,909 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,979 | €3,406 | +€1,427 | +72.1% |
| Other operating charges | 640/8 | €5,610 | €5,000 | -€610 | -10.9% |
| Gross operating margin | 9900 | €112,856 | €123,084 | +€10,228 | +9.1% |
| Operating profit (loss) | 9901 | -€393 | €11,927 | +€12,320 | |
| Financial income | 75/76B | €112 | €9 | -€102 | -91.5% |
| Recurring financial income | 75 | €69 | €9 | -€60 | -86.4% |
| Non-recurring financial income | 76B | €42 | - | -€42 | |
| Financial charges | 65/66B | €9,722 | €8,695 | -€1,027 | -10.6% |
| Recurring financial charges | 65 | €9,722 | €8,695 | -€1,027 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,003 | €3,242 | +€13,244 | |
| Income taxes | 67/77 | €3 | €3 | -€0 | -1.5% |
| Profit (loss) for the period | 9904 | -€10,005 | €3,239 | +€13,244 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,005 | €3,239 | +€13,244 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.