HT PATRIMMO: 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.
HT PATRIMMO
Largest movements
- Tangible fixed assets -€39,039
down €39,039 (-4.8%), from €805,493 to €766,454
of which Land and buildings: -€37,740
- Cash -€10,721
down €10,721 (-52.4%), from €20,468 to €9,747
mainly Debts after one year (-€94,772) and Provisions (-€28,283)
- Debts after one year -€94,772
down €94,772 (-30.8%), from €307,934 to €213,162
- Reserves +€43,142
up €43,142 (+9.0%), from €477,765 to €520,907
of which Distributable reserves: +€100,402
- Current portion of long-term debt +€38,760
up €38,760 (+213%), from €18,222 to €56,982
- Provisions -€28,283
down €28,283 (-31.3%), from €90,401 to €62,117
- Gross operating margin -€212,027
down €212,027 (-75.7%), from €280,142 to €68,115
- Other operating charges -€10,481
down €10,481 (-92.4%), from €11,340 to €859
- Taxes -€4,567
down €4,567 (-34.6%), from €13,215 to €8,649
- Financial charges -€3,371
down €3,371 (-41.7%), from €8,081 to €4,710
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €950,613 | €900,965 | -€49,648 | -5.2% |
| Fixed assets | 21/28 | €903,956 | €864,917 | -€39,039 | -4.3% |
| Tangible fixed assets | 22/27 | €805,493 | €766,454 | -€39,039 | -4.8% |
| Land and buildings | 22 | €795,206 | €757,466 | -€37,740 | -4.7% |
| Furniture and vehicles | 24 | €10,288 | €8,988 | -€1,300 | -12.6% |
| Financial fixed assets | 28 | €98,462 | €98,462 | = | 0.0% |
| Current assets | 29/58 | €46,658 | €36,049 | -€10,609 | -22.7% |
| Amounts receivable within one year | 40/41 | €25,306 | €25,000 | -€306 | -1.2% |
| Other amounts receivable | 41 | €25,306 | €25,000 | -€306 | -1.2% |
| Cash at bank and in hand | 54/58 | €20,468 | €9,747 | -€10,721 | -52.4% |
| Deferred charges and accrued income | 490/1 | €883 | €1,302 | +€419 | +47.4% |
| Total equity and liabilities | 10/49 | €950,613 | €900,965 | -€49,648 | -5.2% |
| Equity | 10/15 | €483,965 | €527,107 | +€43,142 | +8.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €477,765 | €520,907 | +€43,142 | +9.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €264,413 | €207,154 | -€57,259 | -21.7% |
| Distributable reserves | 133 | €211,492 | €311,893 | +€100,402 | +47.5% |
| Provisions and deferred taxes | 16 | €90,401 | €62,117 | -€28,283 | -31.3% |
| Deferred taxes | 168 | €90,401 | €62,117 | -€28,283 | -31.3% |
| Amounts payable | 17/49 | €376,248 | €311,741 | -€64,507 | -17.1% |
| Amounts payable after more than one year | 17 | €307,934 | €213,162 | -€94,772 | -30.8% |
| Financial debts | 170/4 | €307,934 | €213,162 | -€94,772 | -30.8% |
| Amounts payable within one year | 42/48 | €68,313 | €98,579 | +€30,265 | +44.3% |
| Current portion of amounts payable after more than one year | 42 | €18,222 | €56,982 | +€38,760 | +213% |
| Trade debts | 44 | €12,869 | €5,337 | -€7,532 | -58.5% |
| Suppliers | 440/4 | €12,869 | €5,337 | -€7,532 | -58.5% |
| Taxes, remuneration and social security | 45 | €15,067 | €14,359 | -€708 | -4.7% |
| Taxes | 450/3 | €15,067 | €14,359 | -€708 | -4.7% |
| Other amounts payable | 47/48 | €22,155 | €21,900 | -€255 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,656 | €39,039 | -€617 | -1.6% |
| Other operating charges | 640/8 | €11,340 | €859 | -€10,481 | -92.4% |
| Gross operating margin | 9900 | €280,142 | €68,115 | -€212,027 | -75.7% |
| Operating profit (loss) | 9901 | €229,146 | €28,217 | -€200,928 | -87.7% |
| Financial charges | 65/66B | €8,081 | €4,710 | -€3,371 | -41.7% |
| Recurring financial charges | 65 | €8,081 | €4,710 | -€3,371 | -41.7% |
| Profit (loss) for the period before taxes | 9903 | €221,064 | €23,507 | -€197,557 | -89.4% |
| Transfer from deferred taxes | 780 | €7,717 | €28,283 | +€20,567 | +267% |
| Transfer to deferred taxes | 680 | €53,301 | - | -€53,301 | |
| Income taxes | 67/77 | €13,215 | €8,649 | -€4,567 | -34.6% |
| Profit (loss) for the period | 9904 | €162,265 | €43,142 | -€119,123 | -73.4% |
| Transfer from tax-exempt reserves | 789 | €22,041 | €57,259 | +€35,218 | +160% |
| Transfer to tax-exempt reserves | 689 | €159,902 | - | -€159,902 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,404 | €100,402 | +€75,998 | +311% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.