PATIO: what changed
Two fiscal 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
PATIO
NACE 68.110, Buying and selling of own real estate
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€93,994
2024 · €178,260-€84,266
Equity
€909,339
2024 · €830,345+€78,994
Cash
€36
2024 · €7,042-€7,006
Balance sheet total
€2.7m
2024 · €3.5m-€749,366
Largest movements
Assets
- Stocks and contracts -€624,872
down €624,872 (-68.9%), from €907,227 to €282,355
- Tangible fixed assets -€130,787
down €130,787 (-5.2%), from €2.5m to €2.4m
of which Land and buildings: -€134,491
Equity and liabilities
- Current portion of long-term debt -€863,265
down €863,265 (-66.6%), from €1.3m to €432,993
- Other debts +€96,708
up €96,708 (+9.1%), from €1.1m to €1.2m
- Reserves +€78,994
up €78,994 (+14.2%), from €556,539 to €635,533
of which Distributable reserves: +€89,950
- Short-term financial debts -€47,118
down €47,118 (-34.3%), from €137,463 to €90,345
Income statement
- Gross operating margin -€180,852
down €180,852 (-31.5%), from €575,031 to €394,178
- Financial charges -€51,327
down €51,327 (-34.4%), from €149,184 to €97,857
- Staff costs -€33,881
down €33,881 (-82.0%), from €41,296 to €7,415
- Taxes -€17,603
down €17,603 (-37.3%), from €47,158 to €29,555
- Financial income -€6,298
down €6,298 (-95.8%), from €6,572 to €274
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.
Result 2024
€178,260
Gross operating margin
-€180,852
Staff costs
+€33,881
Depreciation
-€81
Other operating charges
+€154
Financial income
-€6,298
Financial charges
+€51,327
Taxes
+€17,603
Result 2025
€93,994
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.
From operations
+€936,967
Investment
-€14,265
Financing
-€929,708
Cash 2024
€7,042
From operations (derived)
+€936,967
Net result for the year
+€93,994
Depreciation
+€145,052
Stocks and contracts
+€624,872
Smaller working-capital items
-€1,585
Deferred charges and accrued income
-€13,347
Provisions
-€3,652
Other debts
+€96,708
Accrued charges and deferred income
-€5,075
Investment (derived)
-€14,265
Investment in fixed assets (net)
-€14,265
Financing
-€929,708
Debts after one year
-€4,325
Current portion of long-term debt
-€863,265
Short-term financial debts
-€47,118
Contributions, distributions and other
-€15,000
Cash 2025
€36
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,453,502 | €2,704,136 | -€749,366 | -21.7% |
| Fixed assets | 21/28 | €2,496,036 | €2,365,249 | -€130,787 | -5.2% |
| Tangible fixed assets | 22/27 | €2,494,331 | €2,363,544 | -€130,787 | -5.2% |
| Land and buildings | 22 | €2,452,454 | €2,317,964 | -€134,491 | -5.5% |
| Plant, machinery and equipment | 23 | €11,019 | €19,325 | +€8,306 | +75.4% |
| Furniture and vehicles | 24 | €30,859 | €26,256 | -€4,603 | -14.9% |
| Financial fixed assets | 28 | €1,705 | €1,705 | = | 0.0% |
| Current assets | 29/58 | €957,466 | €338,887 | -€618,579 | -64.6% |
| Stocks and contracts in progress | 3 | €907,227 | €282,355 | -€624,872 | -68.9% |
| Stocks | 30/36 | €907,227 | €282,355 | -€624,872 | -68.9% |
| Amounts receivable within one year | 40/41 | €33,434 | €33,386 | -€48 | -0.1% |
| Trade receivables | 40 | €32,247 | €31,846 | -€400 | -1.2% |
| Other amounts receivable | 41 | €1,187 | €1,540 | +€353 | +29.7% |
| Cash at bank and in hand | 54/58 | €7,042 | €36 | -€7,006 | -99.5% |
| Deferred charges and accrued income | 490/1 | €9,763 | €23,110 | +€13,347 | +136.7% |
| Total equity and liabilities | 10/49 | €3,453,502 | €2,704,136 | -€749,366 | -21.7% |
| Equity | 10/15 | €830,345 | €909,339 | +€78,994 | +9.5% |
| Contributions | 10/11 | €273,806 | €273,806 | = | 0.0% |
| Reserves | 13 | €556,539 | €635,533 | +€78,994 | +14.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €102,739 | €91,783 | -€10,956 | -10.7% |
| Distributable reserves | 133 | €453,800 | €543,750 | +€89,950 | +19.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €29,825 | €26,173 | -€3,652 | -12.2% |
| Deferred taxes | 168 | €29,825 | €26,173 | -€3,652 | -12.2% |
| Amounts payable | 17/49 | €2,593,332 | €1,768,624 | -€824,708 | -31.8% |
| Amounts payable after more than one year | 17 | €17,810 | €13,485 | -€4,325 | -24.3% |
| Other amounts payable | 178/9 | €17,810 | €13,485 | -€4,325 | -24.3% |
| Amounts payable within one year | 42/48 | €2,567,322 | €1,752,014 | -€815,308 | -31.8% |
| Current portion of amounts payable after more than one year | 42 | €1,296,259 | €432,993 | -€863,265 | -66.6% |
| Financial debts | 43 | €137,463 | €90,345 | -€47,118 | -34.3% |
| Credit institutions | 430/8 | €137,463 | €90,345 | -€47,118 | -34.3% |
| Trade debts | 44 | €70,934 | €70,541 | -€393 | -0.6% |
| Suppliers | 440/4 | €70,934 | €70,541 | -€393 | -0.6% |
| Taxes, remuneration and social security | 45 | €2,160 | €920 | -€1,239 | -57.4% |
| Taxes | 450/3 | €2,160 | €920 | -€1,239 | -57.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,060,506 | €1,157,214 | +€96,708 | +9.1% |
| Accrued charges and deferred income | 492/3 | €8,200 | €3,125 | -€5,075 | -61.9% |
| Remuneration, social security and pensions | 62 | €41,296 | €7,415 | -€33,881 | -82.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,971 | €145,052 | +€81 | +0.1% |
| Other operating charges | 640/8 | €24,385 | €24,231 | -€154 | -0.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €575,031 | €394,178 | -€180,852 | -31.5% |
| Operating profit (loss) | 9901 | €364,378 | €217,480 | -€146,898 | -40.3% |
| Financial income | 75/76B | €6,572 | €274 | -€6,298 | -95.8% |
| Recurring financial income | 75 | €6,572 | €274 | -€6,298 | -95.8% |
| Financial charges | 65/66B | €149,184 | €97,857 | -€51,327 | -34.4% |
| Recurring financial charges | 65 | €149,184 | €97,857 | -€51,327 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | €221,766 | €119,897 | -€101,869 | -45.9% |
| Transfer from deferred taxes | 780 | €3,652 | €3,652 | +€0 | 0.0% |
| Income taxes | 67/77 | €47,158 | €29,555 | -€17,603 | -37.3% |
| Profit (loss) for the period | 9904 | €178,260 | €93,994 | -€84,266 | -47.3% |
| Transfer from tax-exempt reserves | 789 | €10,956 | €10,956 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €189,216 | €104,950 | -€84,266 | -44.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.