't Pateeke: 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.
't Pateeke
Largest movements
- Receivables within one year -€98,682
down €98,682 (-87.4%), from €112,874 to €14,192
of which Trade receivables: -€72,891
- Tangible fixed assets +€59,102
up €59,102 (+106%), from €55,642 to €114,744
of which Plant, machinery and equipment: +€46,666
- Stocks and contracts -€14,500
down €14,500 (-90.6%), from €16,000 to €1,500
- Deferred charges and accrued income +€2,382
up €2,382 (+85.3%), from €2,792 to €5,174
- Trade debts -€46,706
down €46,706 (-28.7%), from €162,942 to €116,237
- Debts after one year -€11,113
down €11,113 (-79.5%), from €13,971 to €2,858
- Reserves +€5,280
up €5,280 (+16.6%), from €31,772 to €37,052
- Gross operating margin +€28,755
up €28,755 (+78.4%), from €36,654 to €65,409
- Depreciation +€11,995
up €11,995 (+116%), from €10,332 to €22,327
- Financial charges +€5,543
up €5,543 (+28.4%), from €19,499 to €25,042
- Financial income +€3,367
up €3,367 (+686%), from €491 to €3,858
- Other operating charges +€1,674
up €1,674 (+53.3%), from €3,141 to €4,815
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 | €230,993 | €181,122 | -€49,871 | -21.6% |
| Fixed assets | 21/28 | €57,442 | €116,544 | +€59,102 | +103% |
| Tangible fixed assets | 22/27 | €55,642 | €114,744 | +€59,102 | +106% |
| Plant, machinery and equipment | 23 | €55,642 | €102,308 | +€46,666 | +83.9% |
| Furniture and vehicles | 24 | - | €12,436 | +€12,436 | |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €173,551 | €64,578 | -€108,973 | -62.8% |
| Stocks and contracts in progress | 3 | €16,000 | €1,500 | -€14,500 | -90.6% |
| Stocks | 30/36 | €16,000 | €1,500 | -€14,500 | -90.6% |
| Amounts receivable within one year | 40/41 | €112,874 | €14,192 | -€98,682 | -87.4% |
| Trade receivables | 40 | €77,102 | €4,212 | -€72,891 | -94.5% |
| Other amounts receivable | 41 | €35,771 | €9,980 | -€25,791 | -72.1% |
| Cash at bank and in hand | 54/58 | €41,886 | €43,712 | +€1,826 | +4.4% |
| Deferred charges and accrued income | 490/1 | €2,792 | €5,174 | +€2,382 | +85.3% |
| Total equity and liabilities | 10/49 | €230,993 | €181,122 | -€49,871 | -21.6% |
| Equity | 10/15 | €34,772 | €40,052 | +€5,280 | +15.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €31,772 | €37,052 | +€5,280 | +16.6% |
| Distributable reserves | 133 | €31,772 | €37,052 | +€5,280 | +16.6% |
| Amounts payable | 17/49 | €196,221 | €141,071 | -€55,151 | -28.1% |
| Amounts payable after more than one year | 17 | €13,971 | €2,858 | -€11,113 | -79.5% |
| Financial debts | 170/4 | €13,971 | €2,858 | -€11,113 | -79.5% |
| Amounts payable within one year | 42/48 | €182,251 | €138,213 | -€44,038 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €10,572 | €11,113 | +€541 | +5.1% |
| Trade debts | 44 | €162,942 | €116,237 | -€46,706 | -28.7% |
| Suppliers | 440/4 | €162,942 | €116,237 | -€46,706 | -28.7% |
| Taxes, remuneration and social security | 45 | €8,736 | €10,863 | +€2,127 | +24.3% |
| Taxes | 450/3 | €8,642 | €10,769 | +€2,127 | +24.6% |
| Remuneration and social security | 454/9 | €95 | €95 | = | 0.0% |
| Remuneration, social security and pensions | 62 | -€68 | - | +€68 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,332 | €22,327 | +€11,995 | +116% |
| Other operating charges | 640/8 | €3,141 | €4,815 | +€1,674 | +53.3% |
| Gross operating margin | 9900 | €36,654 | €65,409 | +€28,755 | +78.4% |
| Operating profit (loss) | 9901 | €23,249 | €38,267 | +€15,017 | +64.6% |
| Financial income | 75/76B | €491 | €3,858 | +€3,367 | +686% |
| Recurring financial income | 75 | €491 | €3,858 | +€3,367 | +686% |
| Financial charges | 65/66B | €19,499 | €25,042 | +€5,543 | +28.4% |
| Recurring financial charges | 65 | €19,499 | €25,042 | +€5,543 | +28.4% |
| Profit (loss) for the period before taxes | 9903 | €4,241 | €17,082 | +€12,841 | +303% |
| Income taxes | 67/77 | €2,934 | €4,302 | +€1,368 | +46.6% |
| Profit (loss) for the period | 9904 | €1,306 | €12,780 | +€11,473 | +878% |
| Profit (loss) for the period to be appropriated | 9905 | €1,306 | €12,780 | +€11,473 | +878% |
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.