Padre: 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.
Padre
Largest movements
- Tangible fixed assets -€53,976
down €53,976 (-7.5%), from €721,847 to €667,871
of which Land and buildings: -€55,679
- Debts after one year -€60,783
down €60,783 (-12.0%), from €506,181 to €445,398
- Profit (loss) carried forward +€29,296
up €29,296 (+44.3%), from -€66,061 to -€36,765
- Short-term financial debts -€20,208
down €20,208 (-24.8%), from €81,357 to €61,149
- Turnover +€21,806
up €21,806 (+18.0%), from €121,190 to €142,996
- Gross operating margin +€19,228
up €19,228 (+19.1%), from €100,558 to €119,786
- Purchases and services +€1,677
up €1,677 (+7.8%), from €21,533 to €23,210
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 | €725,281 | €671,006 | -€54,275 | -7.5% |
| Fixed assets | 21/28 | €721,847 | €667,871 | -€53,976 | -7.5% |
| Tangible fixed assets | 22/27 | €721,847 | €667,871 | -€53,976 | -7.5% |
| Land and buildings | 22 | €701,062 | €645,383 | -€55,679 | -7.9% |
| Plant, machinery and equipment | 23 | €5,260 | €10,465 | +€5,205 | +99.0% |
| Furniture and vehicles | 24 | €15,378 | €12,023 | -€3,355 | -21.8% |
| Other tangible fixed assets | 26 | €147 | - | -€147 | |
| Current assets | 29/58 | €3,434 | €3,135 | -€299 | -8.7% |
| Amounts receivable after more than one year | 29 | €117 | €117 | = | 0.0% |
| Other amounts receivable | 291 | €117 | €117 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,553 | €1,553 | = | 0.0% |
| Other amounts receivable | 41 | €1,553 | €1,553 | = | 0.0% |
| Current investments | 50/53 | €75 | €75 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,689 | €1,390 | -€299 | -17.7% |
| Total equity and liabilities | 10/49 | €725,281 | €671,006 | -€54,275 | -7.5% |
| Equity | 10/15 | €43,945 | €73,241 | +€29,296 | +66.7% |
| Contributions | 10/11 | €110,006 | €110,006 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,061 | -€36,765 | +€29,296 | +44.3% |
| Amounts payable | 17/49 | €681,336 | €597,765 | -€83,571 | -12.3% |
| Amounts payable after more than one year | 17 | €506,181 | €445,398 | -€60,783 | -12.0% |
| Financial debts | 170/4 | €506,181 | €445,398 | -€60,783 | -12.0% |
| Amounts payable within one year | 42/48 | €169,374 | €144,659 | -€24,715 | -14.6% |
| Financial debts | 43 | €81,357 | €61,149 | -€20,208 | -24.8% |
| Credit institutions | 430/8 | €81,357 | €61,149 | -€20,208 | -24.8% |
| Other amounts payable | 47/48 | €88,017 | €83,510 | -€4,507 | -5.1% |
| Accrued charges and deferred income | 492/3 | €5,781 | €7,708 | +€1,927 | +33.3% |
| Turnover | 70 | €121,190 | €142,996 | +€21,806 | +18.0% |
| Non-recurring operating income | 76A | €901 | - | -€901 | |
| Goods, raw materials, services and sundry goods | 60/61 | €21,533 | €23,210 | +€1,677 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,596 | €68,319 | -€277 | -0.4% |
| Other operating charges | 640/8 | €14,810 | €14,038 | -€772 | -5.2% |
| Gross operating margin | 9900 | €100,558 | €119,786 | +€19,228 | +19.1% |
| Operating profit (loss) | 9901 | €17,152 | €37,429 | +€20,277 | +118.2% |
| Financial charges | 65/66B | €7,610 | €8,132 | +€522 | +6.9% |
| Recurring financial charges | 65 | €7,610 | €8,132 | +€522 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €9,542 | €29,297 | +€19,755 | +207.0% |
| Profit (loss) for the period | 9904 | €9,542 | €29,297 | +€19,755 | +207.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,542 | €29,297 | +€19,755 | +207.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.