VINCENT PATTYN: what changed
VINCENT PATTYN
Largest movements
- Deferred charges and accrued income -€5,951
down €5,951 (-78.0%), from €7,631 to €1,680
- Receivables within one year +€3,717
up €3,717 (+26.3%), from €14,129 to €17,846
of which Other amounts receivable: +€2,160
- Stocks and contracts +€3,294
up €3,294 (+31.4%), from €10,479 to €13,773
- Cash +€807
up €807 (+20.5%), from €3,937 to €4,744
mainly Accrued charges and deferred income (+€8,924) and Deferred charges and accrued income (+€5,951)
- Tangible fixed assets -€744
down €744 (-23.5%), from €3,164 to €2,419
of which Plant, machinery and equipment: -€744
- Accrued charges and deferred income +€8,924
up €8,924 (+23.1%), from €38,671 to €47,596
- Short-term financial debts -€7,931
down €7,931 (-100%), from €7,931 to €0
- Profit (loss) carried forward -€5,931
down €5,931 (-13.1%), from -€45,179 to -€51,110
- Trade debts +€5,840
up €5,840 (+44.4%), from €13,156 to €18,996
- Other debts +€570
up €570 (+115%), from €497 to €1,067
- Gross operating margin -€6,450
down €6,450 (-23.2%), from €27,838 to €21,388
- Staff costs -€3,699
down €3,699 (-14.2%), from €26,060 to €22,360
- Depreciation -€2,242
down €2,242 (-57.0%), from €3,936 to €1,694
- Write-downs -€427
down €427 (-100%), from €427 to €0
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,409 | €40,532 | +€1,124 | +2.9% |
| Fixed assets | 21/28 | €3,233 | €2,489 | -€744 | -23.0% |
| Tangible fixed assets | 22/27 | €3,164 | €2,419 | -€744 | -23.5% |
| Plant, machinery and equipment | 23 | €3,164 | €2,419 | -€744 | -23.5% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €69 | €69 | = | 0.0% |
| Current assets | 29/58 | €36,176 | €38,043 | +€1,868 | +5.2% |
| Stocks and contracts in progress | 3 | €10,479 | €13,773 | +€3,294 | +31.4% |
| Stocks | 30/36 | €10,479 | €13,773 | +€3,294 | +31.4% |
| Amounts receivable within one year | 40/41 | €14,129 | €17,846 | +€3,717 | +26.3% |
| Trade receivables | 40 | €11,264 | €12,821 | +€1,557 | +13.8% |
| Other amounts receivable | 41 | €2,866 | €5,025 | +€2,160 | +75.4% |
| Cash at bank and in hand | 54/58 | €3,937 | €4,744 | +€807 | +20.5% |
| Deferred charges and accrued income | 490/1 | €7,631 | €1,680 | -€5,951 | -78.0% |
| Total equity and liabilities | 10/49 | €39,409 | €40,532 | +€1,124 | +2.9% |
| Equity | 10/15 | -€26,587 | -€32,518 | -€5,931 | -22.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,179 | -€51,110 | -€5,931 | -13.1% |
| Amounts payable | 17/49 | €65,996 | €73,050 | +€7,054 | +10.7% |
| Amounts payable within one year | 42/48 | €27,324 | €25,454 | -€1,870 | -6.8% |
| Financial debts | 43 | €7,931 | €0 | -€7,931 | -100% |
| Credit institutions | 430/8 | €7,931 | €0 | -€7,931 | -100% |
| Trade debts | 44 | €13,156 | €18,996 | +€5,840 | +44.4% |
| Suppliers | 440/4 | €13,156 | €18,996 | +€5,840 | +44.4% |
| Taxes, remuneration and social security | 45 | €5,741 | €5,391 | -€350 | -6.1% |
| Taxes | 450/3 | €2,112 | €1,055 | -€1,057 | -50.0% |
| Remuneration and social security | 454/9 | €3,629 | €4,336 | +€707 | +19.5% |
| Other amounts payable | 47/48 | €497 | €1,067 | +€570 | +115% |
| Accrued charges and deferred income | 492/3 | €38,671 | €47,596 | +€8,924 | +23.1% |
| Remuneration, social security and pensions | 62 | €26,060 | €22,360 | -€3,699 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,936 | €1,694 | -€2,242 | -57.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €427 | €0 | -€427 | -100% |
| Other operating charges | 640/8 | €1,538 | €1,580 | +€42 | +2.7% |
| Gross operating margin | 9900 | €27,838 | €21,388 | -€6,450 | -23.2% |
| Operating profit (loss) | 9901 | -€4,124 | -€4,246 | -€122 | -3.0% |
| Financial income | 75/76B | €29 | €51 | +€22 | +77.1% |
| Recurring financial income | 75 | €29 | €51 | +€22 | +77.1% |
| Financial charges | 65/66B | €1,290 | €1,327 | +€37 | +2.9% |
| Recurring financial charges | 65 | €1,290 | €1,327 | +€37 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,385 | -€5,522 | -€138 | -2.6% |
| Income taxes | 67/77 | €433 | €408 | -€24 | -5.6% |
| Profit (loss) for the period | 9904 | -€5,817 | -€5,931 | -€114 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,817 | -€5,931 | -€114 | -2.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.