MK Patrimonium: what changed
MK Patrimonium
Largest movements
- Tangible fixed assets -€37,029
down €37,029 (-3.6%), from €1.0m to €985,700
- Cash +€21,652
up €21,652 (+183%), from €11,842 to €33,494
mainly Net result for the year (+€65,774) and Depreciation (+€37,029)
- Debts after one year -€86,877
down €86,877 (-10.3%), from €842,906 to €756,028
of which Financial debts: -€88,677
- Profit (loss) carried forward +€65,774
up €65,774 (+90.0%), from -€73,042 to -€7,268
- Gross operating margin +€75,789
up €75,789 (+114%), from €66,709 to €142,498
- Other operating charges -€64,492
down €64,492 (-87.9%), from €73,345 to €8,853
- Financial income -€13,446
no longer reported in 2025 (was €13,446)
of which Financial income: -€13,446
- Depreciation +€4,206
up €4,206 (+12.8%), from €32,823 to €37,029
- Financial charges +€3,856
up €3,856 (+14.3%), from €26,987 to €30,843
of which Financial charges: +€2,656
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 | €1,034,571 | €1,019,820 | -€14,751 | -1.4% |
| Fixed assets | 21/28 | €1,022,729 | €985,700 | -€37,029 | -3.6% |
| Tangible fixed assets | 22/27 | €1,022,729 | €985,700 | -€37,029 | -3.6% |
| Land and buildings | 22 | €1,022,729 | €985,700 | -€37,029 | -3.6% |
| Current assets | 29/58 | €11,842 | €34,120 | +€22,278 | +188% |
| Cash at bank and in hand | 54/58 | €11,842 | €33,494 | +€21,652 | +183% |
| Deferred charges and accrued income | 490/1 | - | €626 | +€626 | |
| Total equity and liabilities | 10/49 | €1,034,571 | €1,019,820 | -€14,751 | -1.4% |
| Equity | 10/15 | -€70,004 | -€4,231 | +€65,774 | +94.0% |
| Contributions | 10/11 | €3,038 | €3,038 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,042 | -€7,268 | +€65,774 | +90.0% |
| Amounts payable | 17/49 | €1,104,575 | €1,024,051 | -€80,524 | -7.3% |
| Amounts payable after more than one year | 17 | €842,906 | €756,028 | -€86,877 | -10.3% |
| Financial debts | 170/4 | €841,306 | €752,628 | -€88,677 | -10.5% |
| Other amounts payable | 178/9 | €1,600 | €3,400 | +€1,800 | +113% |
| Amounts payable within one year | 42/48 | €261,669 | €268,022 | +€6,353 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €87,368 | €88,677 | +€1,309 | +1.5% |
| Trade debts | 44 | €2,832 | €784 | -€2,048 | -72.3% |
| Suppliers | 440/4 | €2,832 | €784 | -€2,048 | -72.3% |
| Other amounts payable | 47/48 | €171,469 | €178,561 | +€7,091 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,823 | €37,029 | +€4,206 | +12.8% |
| Other operating charges | 640/8 | €73,345 | €8,853 | -€64,492 | -87.9% |
| Gross operating margin | 9900 | €66,709 | €142,498 | +€75,789 | +114% |
| Operating profit (loss) | 9901 | -€39,459 | €96,616 | +€136,075 | |
| Financial income | 75/76B | €13,446 | - | -€13,446 | |
| Recurring financial income | 75 | €13,446 | - | -€13,446 | |
| Non-recurring financial income | 76B | €13,446 | - | -€13,446 | |
| Financial charges | 65/66B | €26,987 | €30,843 | +€3,856 | +14.3% |
| Recurring financial charges | 65 | €26,987 | €29,643 | +€2,656 | +9.8% |
| Non-recurring financial charges | 66B | - | €1,200 | +€1,200 | |
| Profit (loss) for the period before taxes | 9903 | -€52,999 | €65,774 | +€118,773 | |
| Profit (loss) for the period | 9904 | -€52,999 | €65,774 | +€118,773 | |
| Profit (loss) for the period to be appropriated | 9905 | -€52,999 | €65,774 | +€118,773 |
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 2 November 2026 via checked.be.