MCC Patrinomia: 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.
What changed
MCC Patrinomia
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€4,972
2023 · -€2,857+€7,828
Equity
€1.3m
2023 · €1.3m+€4,972
Cash
€11,097
2023 · €27,366-€16,269
Balance sheet total
€2.6m
2023 · €2.6m-€40,844
Largest movements
Assets
- Receivables after one year -€44,350
down €44,350 (-59.5%), from €74,570 to €30,220
- Receivables within one year +€40,099
up €40,099 (+56.9%), from €70,420 to €110,518
of which Trade receivables: +€38,647
Equity and liabilities
- Debts after one year -€62,730
down €62,730 (-5.5%), from €1.1m to €1.1m
of which Financial debts: -€79,169
Income statement
- Taxes -€5,810
down €5,810 (-77.6%), from €7,488 to €1,677
- Financial charges -€4,789
down €4,789 (-20.3%), from €23,630 to €18,840
- Depreciation +€2,371
up €2,371 (+4.8%), from €49,600 to €51,971
- Other operating charges +€978
up €978 (+11.4%), from €8,602 to €9,580
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.
Result 2023
-€2,857
Gross operating margin
+€577
Depreciation
-€2,371
Other operating charges
-€978
Financial charges
+€4,789
Taxes
+€5,810
Result 2024
€4,972
raises the resultlowers the result
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.
From operations
+€94,500
Investment
-€32,590
Financing
-€78,179
Cash 2023
€27,366
From operations (derived)
+€94,500
Net result for the year
+€4,972
Depreciation
+€51,971
Receivables after one year
+€44,350
Receivables within one year
-€40,099
Deferred charges and accrued income
+€943
Trade debts
-€6,614
Tax, wage and social debts
+€14,277
Advances received
+€24,700
Investment (derived)
-€32,590
Investment in fixed assets (net)
-€32,590
Financing
-€78,179
Debts after one year
-€62,730
Current portion of long-term debt
-€15,450
Cash 2024
€11,097
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,614,197 | €2,573,353 | -€40,844 | -1.6% |
| Formation expenses | 20 | €308,825 | €310,002 | +€1,177 | +0.4% |
| Fixed assets | 21/28 | €2,131,871 | €2,111,313 | -€20,557 | -1.0% |
| Tangible fixed assets | 22/27 | €1,971,371 | €1,950,813 | -€20,557 | -1.0% |
| Land and buildings | 22 | €1,965,535 | €1,932,192 | -€33,344 | -1.7% |
| Plant, machinery and equipment | 23 | €5,835 | €6,968 | +€1,133 | +19.4% |
| Furniture and vehicles | 24 | - | €11,654 | +€11,654 | |
| Financial fixed assets | 28 | €160,500 | €160,500 | = | 0.0% |
| Current assets | 29/58 | €173,501 | €152,038 | -€21,464 | -12.4% |
| Amounts receivable after more than one year | 29 | €74,570 | €30,220 | -€44,350 | -59.5% |
| Trade receivables | 290 | €74,570 | €30,220 | -€44,350 | -59.5% |
| Amounts receivable within one year | 40/41 | €70,420 | €110,518 | +€40,099 | +56.9% |
| Trade receivables | 40 | €65,411 | €104,058 | +€38,647 | +59.1% |
| Other amounts receivable | 41 | €5,008 | €6,460 | +€1,452 | +29.0% |
| Cash at bank and in hand | 54/58 | €27,366 | €11,097 | -€16,269 | -59.5% |
| Deferred charges and accrued income | 490/1 | €1,146 | €203 | -€943 | -82.3% |
| Total equity and liabilities | 10/49 | €2,614,197 | €2,573,353 | -€40,844 | -1.6% |
| Equity | 10/15 | €1,321,460 | €1,326,432 | +€4,972 | +0.4% |
| Contributions | 10/11 | €18,840 | €18,840 | = | 0.0% |
| Revaluation surpluses | 12 | €1,104,421 | €1,104,421 | = | 0.0% |
| Reserves | 13 | €1,884 | €1,884 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,884 | €1,884 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,884 | €1,884 | = | 0.0% |
| Profit (loss) carried forward | 14 | €196,315 | €201,287 | +€4,972 | +2.5% |
| Amounts payable | 17/49 | €1,292,737 | €1,246,921 | -€45,816 | -3.5% |
| Amounts payable after more than one year | 17 | €1,133,086 | €1,070,356 | -€62,730 | -5.5% |
| Financial debts | 170/4 | €891,867 | €812,697 | -€79,169 | -8.9% |
| Trade debts | 175 | €11,900 | €11,900 | = | 0.0% |
| Other amounts payable | 178/9 | €229,319 | €245,759 | +€16,440 | +7.2% |
| Amounts payable within one year | 42/48 | €159,651 | €176,565 | +€16,914 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €94,619 | €79,169 | -€15,450 | -16.3% |
| Trade debts | 44 | €54,775 | €48,161 | -€6,614 | -12.1% |
| Suppliers | 440/4 | €54,775 | €48,161 | -€6,614 | -12.1% |
| Advances received on contracts in progress | 46 | - | €24,700 | +€24,700 | |
| Taxes, remuneration and social security | 45 | €9,257 | €23,534 | +€14,277 | +154% |
| Taxes | 450/3 | €9,257 | €10,934 | +€1,677 | +18.1% |
| Remuneration and social security | 454/9 | - | €12,600 | +€12,600 | |
| Other amounts payable | 47/48 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,600 | €51,971 | +€2,371 | +4.8% |
| Other operating charges | 640/8 | €8,602 | €9,580 | +€978 | +11.4% |
| Gross operating margin | 9900 | €86,463 | €87,040 | +€577 | +0.7% |
| Operating profit (loss) | 9901 | €28,261 | €25,490 | -€2,771 | -9.8% |
| Financial charges | 65/66B | €23,630 | €18,840 | -€4,789 | -20.3% |
| Recurring financial charges | 65 | €23,630 | €18,840 | -€4,789 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €4,631 | €6,649 | +€2,018 | +43.6% |
| Income taxes | 67/77 | €7,488 | €1,677 | -€5,810 | -77.6% |
| Profit (loss) for the period | 9904 | -€2,857 | €4,972 | +€7,828 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,857 | €4,972 | +€7,828 |
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 27 October 2026 via checked.be.