PATREM FILIA: what changed
PATREM FILIA
Largest movements
- Tangible fixed assets +€8,105
up €8,105 (+34.3%), from €23,650 to €31,755
of which Land and buildings: +€6,225
- Receivables within one year -€1,415
no longer reported in 2025 (was €1,415)
of which Trade receivables: -€1,205
- Cash -€737
down €737 (-13.2%), from €5,587 to €4,850
mainly Investment in fixed assets (net) (-€17,253) and Other debts (-€3,534)
- Debts after one year +€5,727
up €5,727 (+91.4%), from €6,267 to €11,995
- Tax, wage and social debts +€4,722
up €4,722 (+313%), from €1,507 to €6,228
- Other debts -€3,534
down €3,534 (-46.7%), from €7,572 to €4,038
- Short-term financial debts -€2,223
no longer reported in 2025 (was €2,223)
- Reserves +€1,097
up €1,097 (+8.5%), from €12,939 to €14,036
- Depreciation +€4,664
up €4,664 (+104%), from €4,485 to €9,148
- Gross operating margin -€3,567
down €3,567 (-18.7%), from €19,054 to €15,487
- Taxes -€1,619
down €1,619 (-49.2%), from €3,290 to €1,671
- Other operating charges -€223
down €223 (-11.7%), from €1,907 to €1,684
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 | €53,365 | €58,913 | +€5,549 | +10.4% |
| Fixed assets | 21/28 | €25,650 | €33,755 | +€8,105 | +31.6% |
| Tangible fixed assets | 22/27 | €23,650 | €31,755 | +€8,105 | +34.3% |
| Land and buildings | 22 | €20,633 | €26,858 | +€6,225 | +30.2% |
| Plant, machinery and equipment | 23 | €3,018 | €4,898 | +€1,880 | +62.3% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €27,715 | €25,158 | -€2,556 | -9.2% |
| Stocks and contracts in progress | 3 | €20,305 | €19,953 | -€351 | -1.7% |
| Stocks | 30/36 | €20,305 | €19,953 | -€351 | -1.7% |
| Amounts receivable within one year | 40/41 | €1,415 | - | -€1,415 | |
| Trade receivables | 40 | €1,205 | - | -€1,205 | |
| Other amounts receivable | 41 | €210 | - | -€210 | |
| Cash at bank and in hand | 54/58 | €5,587 | €4,850 | -€737 | -13.2% |
| Deferred charges and accrued income | 490/1 | €408 | €355 | -€53 | -13.0% |
| Total equity and liabilities | 10/49 | €53,365 | €58,913 | +€5,549 | +10.4% |
| Equity | 10/15 | €31,539 | €32,636 | +€1,097 | +3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,939 | €14,036 | +€1,097 | +8.5% |
| Distributable reserves | 133 | €12,939 | €14,036 | +€1,097 | +8.5% |
| Amounts payable | 17/49 | €21,826 | €26,278 | +€4,452 | +20.4% |
| Amounts payable after more than one year | 17 | €6,267 | €11,995 | +€5,727 | +91.4% |
| Financial debts | 170/4 | €6,267 | €11,995 | +€5,727 | +91.4% |
| Amounts payable within one year | 42/48 | €15,559 | €14,283 | -€1,276 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €3,004 | €2,592 | -€412 | -13.7% |
| Financial debts | 43 | €2,223 | - | -€2,223 | |
| Credit institutions | 430/8 | €2,223 | - | -€2,223 | |
| Trade debts | 44 | €1,097 | €1,424 | +€327 | +29.8% |
| Suppliers | 440/4 | €1,097 | €1,424 | +€327 | +29.8% |
| Advances received on contracts in progress | 46 | €155 | - | -€155 | |
| Taxes, remuneration and social security | 45 | €1,507 | €6,228 | +€4,722 | +313% |
| Taxes | 450/3 | €1,507 | €6,228 | +€4,722 | +313% |
| Other amounts payable | 47/48 | €7,572 | €4,038 | -€3,534 | -46.7% |
| Non-recurring operating income | 76A | €897 | - | -€897 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,485 | €9,148 | +€4,664 | +104% |
| Other operating charges | 640/8 | €1,907 | €1,684 | -€223 | -11.7% |
| Non-recurring operating charges | 66A | €669 | - | -€669 | |
| Gross operating margin | 9900 | €19,054 | €15,487 | -€3,567 | -18.7% |
| Operating profit (loss) | 9901 | €11,993 | €4,655 | -€7,338 | -61.2% |
| Financial income | 75/76B | €73 | €94 | +€21 | +28.4% |
| Recurring financial income | 75 | €73 | €94 | +€21 | +28.4% |
| Financial charges | 65/66B | €2,086 | €1,981 | -€105 | -5.0% |
| Recurring financial charges | 65 | €2,086 | €1,981 | -€105 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €9,980 | €2,768 | -€7,213 | -72.3% |
| Income taxes | 67/77 | €3,290 | €1,671 | -€1,619 | -49.2% |
| Profit (loss) for the period | 9904 | €6,690 | €1,097 | -€5,593 | -83.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,690 | €1,097 | -€5,593 | -83.6% |
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 4 November 2026 via checked.be.