LBPATRIMO: 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.
LBPATRIMO
Largest movements
- Tangible fixed assets +€18,007
up €18,007 (+3.0%), from €602,611 to €620,618
- Cash -€14,196
down €14,196 (-98.1%), from €14,469 to €273
mainly Investment in fixed assets (net) (-€57,659) and Net result for the year (-€12,660)
- Receivables within one year -€10,093
down €10,093 (-2.9%), from €345,561 to €335,468
of which Other amounts receivable: -€20,011
- Profit (loss) carried forward -€12,660
down €12,660 (-44.3%), from €28,578 to €15,918
- Taxes +€13,894
new in 2025: €13,894
- Other operating charges -€4,448
down €4,448 (-48.6%), from €9,156 to €4,708
- Depreciation +€2,919
up €2,919 (+7.9%), from €36,734 to €39,653
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 | €1,006,861 | €998,459 | -€8,402 | -0.8% |
| Fixed assets | 21/28 | €644,710 | €662,716 | +€18,007 | +2.8% |
| Intangible fixed assets | 21 | €24,898 | €24,898 | = | 0.0% |
| Tangible fixed assets | 22/27 | €602,611 | €620,618 | +€18,007 | +3.0% |
| Land and buildings | 22 | €602,611 | €620,618 | +€18,007 | +3.0% |
| Financial fixed assets | 28 | €17,200 | €17,200 | = | 0.0% |
| Current assets | 29/58 | €362,151 | €335,742 | -€26,409 | -7.3% |
| Amounts receivable within one year | 40/41 | €345,561 | €335,468 | -€10,093 | -2.9% |
| Trade receivables | 40 | €71,240 | €81,159 | +€9,919 | +13.9% |
| Other amounts receivable | 41 | €274,321 | €254,310 | -€20,011 | -7.3% |
| Cash at bank and in hand | 54/58 | €14,469 | €273 | -€14,196 | -98.1% |
| Deferred charges and accrued income | 490/1 | €2,121 | €1 | -€2,120 | -100.0% |
| Total equity and liabilities | 10/49 | €1,006,861 | €998,459 | -€8,402 | -0.8% |
| Equity | 10/15 | €244,656 | €231,995 | -€12,660 | -5.2% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Revaluation surpluses | 12 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €51,077 | €51,077 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,500 | €12,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €8,577 | €8,577 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,578 | €15,918 | -€12,660 | -44.3% |
| Amounts payable | 17/49 | €762,205 | €766,463 | +€4,258 | +0.6% |
| Amounts payable after more than one year | 17 | €727,160 | €730,481 | +€3,321 | +0.5% |
| Financial debts | 170/4 | €727,160 | €730,481 | +€3,321 | +0.5% |
| Amounts payable within one year | 42/48 | €35,045 | €35,982 | +€937 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €18,390 | €26,226 | +€7,836 | +42.6% |
| Financial debts | 43 | - | €1,372 | +€1,372 | |
| Credit institutions | 430/8 | - | €1,372 | +€1,372 | |
| Trade debts | 44 | €1,247 | €2,564 | +€1,317 | +105.6% |
| Suppliers | 440/4 | €1,247 | €2,564 | +€1,317 | +105.6% |
| Advances received on contracts in progress | 46 | €300 | - | -€300 | |
| Other amounts payable | 47/48 | €15,108 | €5,820 | -€9,288 | -61.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,734 | €39,653 | +€2,919 | +7.9% |
| Other operating charges | 640/8 | €9,156 | €4,708 | -€4,448 | -48.6% |
| Non-recurring operating charges | 66A | €26,655 | €2,120 | -€24,534 | -92.0% |
| Gross operating margin | 9900 | €76,217 | €76,632 | +€414 | +0.5% |
| Operating profit (loss) | 9901 | €3,673 | €30,151 | +€26,478 | +721.0% |
| Financial charges | 65/66B | €29,150 | €28,917 | -€233 | -0.8% |
| Recurring financial charges | 65 | €29,150 | €28,917 | -€233 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | -€25,477 | €1,234 | +€26,711 | |
| Income taxes | 67/77 | - | €13,894 | +€13,894 | |
| Profit (loss) for the period | 9904 | -€25,477 | -€12,660 | +€12,817 | +50.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,477 | -€12,660 | +€12,817 | +50.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.