Patrick DETIENNE: 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.
Patrick DETIENNE
Largest movements
- Tangible fixed assets +€59,651
up €59,651 (+5956.6%), from €1,001 to €60,652
of which Furniture and vehicles: +€60,004
- Receivables within one year +€32,776
up €32,776 (+292.7%), from €11,199 to €43,974
of which Trade receivables: +€28,573
- Cash -€17,307
down €17,307 (-81.9%), from €21,123 to €3,816
mainly Investment in fixed assets (net) (-€70,593) and Receivables within one year (-€32,776)
- Other debts +€27,852
new in 2025: €27,852
- Debts after one year +€23,911
new in 2025: €23,911
- Current portion of long-term debt +€8,369
new in 2025: €8,369
- Trade debts +€6,422
up €6,422 (+129.8%), from €4,946 to €11,368
- Tax, wage and social debts +€5,035
up €5,035 (+103.8%), from €4,852 to €9,888
of which Taxes: +€3,035
- Depreciation +€10,885
up €10,885 (+19143.5%), from €57 to €10,942
- Taxes -€1,566
down €1,566 (-50.0%), from €3,131 to €1,565
- Gross operating margin +€1,124
up €1,124 (+7.0%), from €16,133 to €17,258
- Financial charges +€916
up €916 (+1176.3%), from €78 to €994
- Other operating charges +€865
up €865 (+224.9%), from €384 to €1,249
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 | €33,323 | €108,443 | +€75,120 | +225.4% |
| Fixed assets | 21/28 | €1,001 | €60,652 | +€59,651 | +5956.6% |
| Tangible fixed assets | 22/27 | €1,001 | €60,652 | +€59,651 | +5956.6% |
| Plant, machinery and equipment | 23 | €1,001 | €649 | -€353 | -35.2% |
| Furniture and vehicles | 24 | - | €60,004 | +€60,004 | |
| Current assets | 29/58 | €32,322 | €47,790 | +€15,469 | +47.9% |
| Amounts receivable within one year | 40/41 | €11,199 | €43,974 | +€32,776 | +292.7% |
| Trade receivables | 40 | €9,669 | €38,242 | +€28,573 | +295.5% |
| Other amounts receivable | 41 | €1,529 | €5,732 | +€4,203 | +274.8% |
| Cash at bank and in hand | 54/58 | €21,123 | €3,816 | -€17,307 | -81.9% |
| Total equity and liabilities | 10/49 | €33,323 | €108,443 | +€75,120 | +225.4% |
| Equity | 10/15 | €17,524 | €20,041 | +€2,517 | +14.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,524 | €15,041 | +€2,517 | +20.1% |
| Amounts payable | 17/49 | €15,799 | €88,401 | +€72,602 | +459.5% |
| Amounts payable after more than one year | 17 | - | €23,911 | +€23,911 | |
| Financial debts | 170/4 | - | €23,911 | +€23,911 | |
| Amounts payable within one year | 42/48 | €9,799 | €57,477 | +€47,678 | +486.6% |
| Current portion of amounts payable after more than one year | 42 | - | €8,369 | +€8,369 | |
| Trade debts | 44 | €4,946 | €11,368 | +€6,422 | +129.8% |
| Suppliers | 440/4 | €4,946 | €11,368 | +€6,422 | +129.8% |
| Taxes, remuneration and social security | 45 | €4,852 | €9,888 | +€5,035 | +103.8% |
| Taxes | 450/3 | €4,852 | €7,888 | +€3,035 | +62.6% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | - | €27,852 | +€27,852 | |
| Accrued charges and deferred income | 492/3 | €6,000 | €7,013 | +€1,013 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57 | €10,942 | +€10,885 | +19143.5% |
| Other operating charges | 640/8 | €384 | €1,249 | +€865 | +224.9% |
| Gross operating margin | 9900 | €16,133 | €17,258 | +€1,124 | +7.0% |
| Operating profit (loss) | 9901 | €15,692 | €5,067 | -€10,625 | -67.7% |
| Financial income | 75/76B | €41 | €10 | -€31 | -75.6% |
| Recurring financial income | 75 | €41 | €10 | -€31 | -75.6% |
| Financial charges | 65/66B | €78 | €994 | +€916 | +1176.3% |
| Recurring financial charges | 65 | €78 | €994 | +€916 | +1176.3% |
| Profit (loss) for the period before taxes | 9903 | €15,655 | €4,083 | -€11,573 | -73.9% |
| Income taxes | 67/77 | €3,131 | €1,565 | -€1,566 | -50.0% |
| Profit (loss) for the period | 9904 | €12,524 | €2,517 | -€10,007 | -79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,524 | €2,517 | -€10,007 | -79.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.