GP PATRIMOINE: what changed
GP PATRIMOINE
Largest movements
- Receivables within one year -€611,157
down €611,157 (-59.1%), from €1.0m to €423,415
of which Trade receivables: -€420,070
- Cash +€265,860
up €265,860 (+325%), from €81,841 to €347,701
mainly Receivables within one year (+€611,157) and Net result for the year (+€223,772)
- Intangible fixed assets -€94,060
down €94,060 (-12.5%), from €752,482 to €658,422
- Reserves -€250,000
down €250,000 (-7.3%), from €3.4m to €3.2m
- Trade debts -€82,033
down €82,033 (-95.6%), from €85,839 to €3,806
- Profit (loss) carried forward -€76,228
down €76,228 (-78.3%), from €97,326 to €21,098
- Tax, wage and social debts -€64,523
down €64,523 (-86.1%), from €74,940 to €10,417
of which Taxes: -€60,935
- Financial income -€91,984
down €91,984 (-97.4%), from €94,440 to €2,456
- Gross operating margin -€81,728
down €81,728 (-13.0%), from €627,270 to €545,542
- Taxes -€58,570
down €58,570 (-28.2%), from €207,926 to €149,357
- Financial charges -€54,375
down €54,375 (-94.8%), from €57,368 to €2,992
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 | €4,853,671 | €4,355,704 | -€497,967 | -10.3% |
| Fixed assets | 21/28 | €1,669,015 | €1,528,472 | -€140,543 | -8.4% |
| Intangible fixed assets | 21 | €752,482 | €658,422 | -€94,060 | -12.5% |
| Tangible fixed assets | 22/27 | €916,533 | €870,050 | -€46,483 | -5.1% |
| Land and buildings | 22 | €916,533 | €870,050 | -€46,483 | -5.1% |
| Current assets | 29/58 | €3,184,656 | €2,827,232 | -€357,424 | -11.2% |
| Amounts receivable within one year | 40/41 | €1,034,572 | €423,415 | -€611,157 | -59.1% |
| Trade receivables | 40 | €556,518 | €136,448 | -€420,070 | -75.5% |
| Other amounts receivable | 41 | €478,054 | €286,967 | -€191,087 | -40.0% |
| Current investments | 50/53 | €2,054,962 | €2,054,962 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €81,841 | €347,701 | +€265,860 | +325% |
| Deferred charges and accrued income | 490/1 | €13,281 | €1,154 | -€12,127 | -91.3% |
| Total equity and liabilities | 10/49 | €4,853,671 | €4,355,704 | -€497,967 | -10.3% |
| Equity | 10/15 | €3,520,786 | €3,194,558 | -€326,228 | -9.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,404,860 | €3,154,860 | -€250,000 | -7.3% |
| Distributable reserves | 133 | €3,404,860 | €3,154,860 | -€250,000 | -7.3% |
| Profit (loss) carried forward | 14 | €97,326 | €21,098 | -€76,228 | -78.3% |
| Amounts payable | 17/49 | €1,332,885 | €1,161,146 | -€171,739 | -12.9% |
| Amounts payable within one year | 42/48 | €1,332,885 | €1,160,261 | -€172,624 | -13.0% |
| Current portion of amounts payable after more than one year | 42 | €450,000 | €450,000 | = | 0.0% |
| Trade debts | 44 | €85,839 | €3,806 | -€82,033 | -95.6% |
| Suppliers | 440/4 | €85,839 | €3,806 | -€82,033 | -95.6% |
| Taxes, remuneration and social security | 45 | €74,940 | €10,417 | -€64,523 | -86.1% |
| Taxes | 450/3 | €71,352 | €10,417 | -€60,935 | -85.4% |
| Remuneration and social security | 454/9 | €3,588 | - | -€3,588 | |
| Other amounts payable | 47/48 | €722,106 | €696,039 | -€26,067 | -3.6% |
| Accrued charges and deferred income | 492/3 | - | €885 | +€885 | |
| Remuneration, social security and pensions | 62 | €22,179 | €19,451 | -€2,728 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €140,543 | €140,543 | = | 0.0% |
| Other operating charges | 640/8 | €13,697 | €11,883 | -€1,814 | -13.2% |
| Gross operating margin | 9900 | €627,270 | €545,542 | -€81,728 | -13.0% |
| Operating profit (loss) | 9901 | €450,851 | €373,665 | -€77,186 | -17.1% |
| Financial income | 75/76B | €94,440 | €2,456 | -€91,984 | -97.4% |
| Recurring financial income | 75 | €94,440 | €2,456 | -€91,984 | -97.4% |
| Financial charges | 65/66B | €57,368 | €2,992 | -€54,375 | -94.8% |
| Recurring financial charges | 65 | €57,368 | €2,992 | -€54,375 | -94.8% |
| Profit (loss) for the period before taxes | 9903 | €487,923 | €373,128 | -€114,795 | -23.5% |
| Income taxes | 67/77 | €207,926 | €149,357 | -€58,570 | -28.2% |
| Profit (loss) for the period | 9904 | €279,997 | €223,772 | -€56,225 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €279,997 | €223,772 | -€56,225 | -20.1% |
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 4 November 2026 via checked.be.