PATER NOSTER: 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.
PATER NOSTER
Largest movements
- Tangible fixed assets -€115,579
down €115,579 (-5.5%), from €2.1m to €2.0m
of which Land and buildings: -€114,318
- Other debts -€101,338
down €101,338 (-57.6%), from €175,786 to €74,448
- Debts after one year -€65,988
down €65,988 (-10.1%), from €651,373 to €585,385
of which Financial debts: -€65,988
- Short-term financial debts +€27,217
new in 2025: €27,217
- Reserves +€25,000
up €25,000 (+14.9%), from €168,000 to €193,000
of which Distributable reserves: +€25,000
- Gross operating margin -€208,221
down €208,221 (-49.4%), from €421,363 to €213,142
- Taxes -€59,770
down €59,770 (-82.1%), from €72,779 to €13,010
- Financial charges -€18,547
down €18,547 (-51.1%), from €36,301 to €17,754
- Depreciation -€6,018
down €6,018 (-4.6%), from €130,454 to €124,436
- Staff costs -€5,598
down €5,598 (-44.0%), from €12,725 to €7,128
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.
Derived cash bridge
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 | €2,158,964 | €2,039,752 | -€119,212 | -5.5% |
| Fixed assets | 21/28 | €2,111,342 | €1,995,762 | -€115,579 | -5.5% |
| Tangible fixed assets | 22/27 | €2,087,162 | €1,971,582 | -€115,579 | -5.5% |
| Land and buildings | 22 | €1,620,744 | €1,506,426 | -€114,318 | -7.1% |
| Plant, machinery and equipment | 23 | €40,924 | €32,935 | -€7,989 | -19.5% |
| Furniture and vehicles | 24 | €425,493 | €432,221 | +€6,728 | +1.6% |
| Financial fixed assets | 28 | €24,180 | €24,180 | = | 0.0% |
| Current assets | 29/58 | €47,622 | €43,989 | -€3,633 | -7.6% |
| Amounts receivable within one year | 40/41 | €34,500 | €36,500 | +€2,000 | +5.8% |
| Trade receivables | 40 | €12,500 | €12,500 | = | 0.0% |
| Other amounts receivable | 41 | €22,000 | €24,000 | +€2,000 | +9.1% |
| Cash at bank and in hand | 54/58 | €4,716 | €1,344 | -€3,372 | -71.5% |
| Deferred charges and accrued income | 490/1 | €8,406 | €6,145 | -€2,261 | -26.9% |
| Total equity and liabilities | 10/49 | €2,158,964 | €2,039,752 | -€119,212 | -5.5% |
| Equity | 10/15 | €1,126,199 | €1,155,279 | +€29,080 | +2.6% |
| Contributions | 10/11 | €820,000 | €820,000 | = | 0.0% |
| Reserves | 13 | €168,000 | €193,000 | +€25,000 | +14.9% |
| Non-distributable reserves | 130/1 | €8,000 | €8,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €160,000 | €185,000 | +€25,000 | +15.6% |
| Profit (loss) carried forward | 14 | €138,199 | €142,279 | +€4,080 | +3.0% |
| Provisions and deferred taxes | 16 | €40,228 | €37,891 | -€2,337 | -5.8% |
| Provisions for liabilities and charges | 160/5 | €40,228 | €37,891 | -€2,337 | -5.8% |
| Environmental obligations | 163 | €40,228 | €37,891 | -€2,337 | -5.8% |
| Amounts payable | 17/49 | €992,538 | €846,582 | -€145,955 | -14.7% |
| Amounts payable after more than one year | 17 | €651,373 | €585,385 | -€65,988 | -10.1% |
| Financial debts | 170/4 | €603,973 | €537,985 | -€65,988 | -10.9% |
| Other amounts payable | 178/9 | €47,400 | €47,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €341,165 | €261,197 | -€79,967 | -23.4% |
| Current portion of amounts payable after more than one year | 42 | €65,060 | €65,988 | +€928 | +1.4% |
| Financial debts | 43 | - | €27,217 | +€27,217 | |
| Credit institutions | 430/8 | - | €27,217 | +€27,217 | |
| Trade debts | 44 | €3,847 | €1,248 | -€2,599 | -67.6% |
| Suppliers | 440/4 | €3,847 | €1,248 | -€2,599 | -67.6% |
| Taxes, remuneration and social security | 45 | €96,471 | €92,296 | -€4,175 | -4.3% |
| Taxes | 450/3 | €90,279 | €88,602 | -€1,678 | -1.9% |
| Remuneration and social security | 454/9 | €6,192 | €3,694 | -€2,498 | -40.3% |
| Other amounts payable | 47/48 | €175,786 | €74,448 | -€101,338 | -57.6% |
| Non-recurring operating income | 76A | €222,696 | €9,454 | -€213,242 | -95.8% |
| Remuneration, social security and pensions | 62 | €12,725 | €7,128 | -€5,598 | -44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,454 | €124,436 | -€6,018 | -4.6% |
| Other operating charges | 640/8 | €18,075 | €21,735 | +€3,660 | +20.2% |
| Gross operating margin | 9900 | €421,363 | €213,142 | -€208,221 | -49.4% |
| Operating profit (loss) | 9901 | €260,108 | €59,843 | -€200,265 | -77.0% |
| Financial charges | 65/66B | €36,301 | €17,754 | -€18,547 | -51.1% |
| Recurring financial charges | 65 | €36,301 | €17,754 | -€18,547 | -51.1% |
| Profit (loss) for the period before taxes | 9903 | €223,807 | €42,089 | -€181,717 | -81.2% |
| Income taxes | 67/77 | €72,779 | €13,010 | -€59,770 | -82.1% |
| Profit (loss) for the period | 9904 | €151,028 | €29,080 | -€121,948 | -80.7% |
| Profit (loss) for the period to be appropriated | 9905 | €151,028 | €29,080 | -€121,948 | -80.7% |
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 19 October 2026 via checked.be.