AC PATRIMO: what changed
AC PATRIMO
Largest movements
- Cash +€190,136
up €190,136 (+2,321%), from €8,191 to €198,328
mainly Net result for the year (+€84,506) and Investment in fixed assets (net) (+€76,807)
- Tangible fixed assets -€84,404
down €84,404 (-57.9%), from €145,693 to €61,289
of which Land and buildings: -€77,557
- Reserves +€82,792
up €82,792 (+94.4%), from €87,659 to €170,451
of which Distributable reserves: +€82,792
- Tax, wage and social debts +€20,462
up €20,462 (+1,212%), from €1,688 to €22,150
of which Taxes: +€21,525
- Gross operating margin +€54,955
up €54,955 (+66.3%), from €82,932 to €137,887
- Financial income +€12,051
up €12,051 (+117%), from €10,322 to €22,373
- Taxes +€8,489
up €8,489 (+25.6%), from €33,147 to €41,636
- Staff costs +€6,663
up €6,663 (+44.5%), from €14,976 to €21,639
- Depreciation -€2,517
down €2,517 (-24.5%), from €10,264 to €7,747
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €315,597 | €418,431 | +€102,833 | +32.6% |
| Fixed assets | 21/28 | €145,843 | €61,289 | -€84,554 | -58.0% |
| Tangible fixed assets | 22/27 | €145,693 | €61,289 | -€84,404 | -57.9% |
| Land and buildings | 22 | €122,349 | €44,792 | -€77,557 | -63.4% |
| Plant, machinery and equipment | 23 | €3,621 | €2,926 | -€695 | -19.2% |
| Furniture and vehicles | 24 | €16,304 | €11,532 | -€4,772 | -29.3% |
| Other tangible fixed assets | 26 | €3,419 | €2,039 | -€1,380 | -40.4% |
| Financial fixed assets | 28 | €150 | - | -€150 | |
| Current assets | 29/58 | €169,754 | €357,142 | +€187,387 | +110% |
| Amounts receivable within one year | 40/41 | €5,216 | €4,968 | -€248 | -4.8% |
| Trade receivables | 40 | €1,473 | €640 | -€833 | -56.5% |
| Other amounts receivable | 41 | €3,743 | €4,328 | +€585 | +15.6% |
| Current investments | 50/53 | €156,019 | €153,035 | -€2,984 | -1.9% |
| Cash at bank and in hand | 54/58 | €8,191 | €198,328 | +€190,136 | +2,321% |
| Deferred charges and accrued income | 490/1 | €328 | €811 | +€483 | +147% |
| Total equity and liabilities | 10/49 | €315,597 | €418,431 | +€102,833 | +32.6% |
| Equity | 10/15 | €310,202 | €392,994 | +€82,792 | +26.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €87,659 | €170,451 | +€82,792 | +94.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €85,799 | €168,591 | +€82,792 | +96.5% |
| Profit (loss) carried forward | 14 | €203,993 | €203,993 | = | 0.0% |
| Amounts payable | 17/49 | €5,395 | €25,437 | +€20,042 | +371% |
| Amounts payable within one year | 42/48 | €5,395 | €25,437 | +€20,042 | +371% |
| Trade debts | 44 | €2,330 | €287 | -€2,043 | -87.7% |
| Suppliers | 440/4 | €2,330 | €287 | -€2,043 | -87.7% |
| Taxes, remuneration and social security | 45 | €1,688 | €22,150 | +€20,462 | +1,212% |
| Taxes | 450/3 | €625 | €22,150 | +€21,525 | +3,444% |
| Remuneration and social security | 454/9 | €1,063 | - | -€1,063 | |
| Other amounts payable | 47/48 | €1,378 | €3,000 | +€1,622 | +118% |
| Remuneration, social security and pensions | 62 | €14,976 | €21,639 | +€6,663 | +44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,264 | €7,747 | -€2,517 | -24.5% |
| Other operating charges | 640/8 | €4,466 | €4,552 | +€86 | +1.9% |
| Gross operating margin | 9900 | €82,932 | €137,887 | +€54,955 | +66.3% |
| Operating profit (loss) | 9901 | €53,226 | €103,948 | +€50,722 | +95.3% |
| Financial income | 75/76B | €10,322 | €22,373 | +€12,051 | +117% |
| Recurring financial income | 75 | €10,322 | €22,373 | +€12,051 | +117% |
| Financial charges | 65/66B | €159 | €179 | +€20 | +12.8% |
| Recurring financial charges | 65 | €159 | €179 | +€20 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | €63,389 | €126,142 | +€62,753 | +99.0% |
| Income taxes | 67/77 | €33,147 | €41,636 | +€8,489 | +25.6% |
| Profit (loss) for the period | 9904 | €30,242 | €84,506 | +€54,264 | +179% |
| Profit (loss) for the period to be appropriated | 9905 | €30,242 | €84,506 | +€54,264 | +179% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.