PATRI - SABA: 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.
PATRI - SABA
Largest movements
- Cash -€23,806
down €23,806 (-30.4%), from €78,408 to €54,602
mainly Investment in fixed assets (net) (-€42,296) and Contributions, distributions and other (-€30,000)
- Tangible fixed assets +€10,326
up €10,326 (+2.2%), from €480,015 to €490,342
- Reserves -€12,622
down €12,622 (-5.3%), from €236,212 to €223,590
of which Distributable reserves: -€7,563
- Depreciation -€17,323
down €17,323 (-35.1%), from €49,292 to €31,969
- Gross operating margin -€3,120
down €3,120 (-3.7%), from €84,086 to €80,967
- Financial charges -€1,228
down €1,228 (-11.7%), from €10,504 to €9,276
- Taxes +€1,132
up €1,132 (+8.2%), from €13,753 to €14,885
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 | €565,939 | €547,883 | -€18,056 | -3.2% |
| Fixed assets | 21/28 | €480,090 | €490,416 | +€10,326 | +2.2% |
| Tangible fixed assets | 22/27 | €480,015 | €490,342 | +€10,326 | +2.2% |
| Land and buildings | 22 | €480,015 | €490,342 | +€10,326 | +2.2% |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €85,849 | €57,467 | -€28,383 | -33.1% |
| Amounts receivable within one year | 40/41 | - | €115 | +€115 | |
| Other amounts receivable | 41 | - | €115 | +€115 | |
| Cash at bank and in hand | 54/58 | €78,408 | €54,602 | -€23,806 | -30.4% |
| Deferred charges and accrued income | 490/1 | €7,442 | €2,750 | -€4,692 | -63.0% |
| Total equity and liabilities | 10/49 | €565,939 | €547,883 | -€18,056 | -3.2% |
| Equity | 10/15 | €371,243 | €358,621 | -€12,622 | -3.4% |
| Contributions | 10/11 | €71,000 | €71,000 | = | 0.0% |
| Capital | 10 | €71,000 | €71,000 | = | 0.0% |
| Issued capital | 100 | €71,000 | €71,000 | = | 0.0% |
| Reserves | 13 | €236,212 | €223,590 | -€12,622 | -5.3% |
| Non-distributable reserves | 130/1 | €7,100 | €7,100 | = | 0.0% |
| Legal reserve | 130 | €7,100 | €7,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €80,695 | €75,636 | -€5,060 | -6.3% |
| Distributable reserves | 133 | €148,417 | €140,854 | -€7,563 | -5.1% |
| Profit (loss) carried forward | 14 | €64,031 | €64,031 | = | 0.0% |
| Provisions and deferred taxes | 16 | €41,570 | €38,964 | -€2,606 | -6.3% |
| Deferred taxes | 168 | €41,570 | €38,964 | -€2,606 | -6.3% |
| Amounts payable | 17/49 | €153,125 | €150,298 | -€2,827 | -1.8% |
| Amounts payable after more than one year | 17 | €130,000 | €130,000 | = | 0.0% |
| Financial debts | 170/4 | €130,000 | €130,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,587 | €9,113 | -€1,473 | -13.9% |
| Trade debts | 44 | €1,108 | €1,679 | +€571 | +51.6% |
| Suppliers | 440/4 | €1,108 | €1,679 | +€571 | +51.6% |
| Taxes, remuneration and social security | 45 | €8,881 | €4,261 | -€4,619 | -52.0% |
| Taxes | 450/3 | €8,881 | €4,261 | -€4,619 | -52.0% |
| Other amounts payable | 47/48 | €598 | €3,173 | +€2,575 | +430.4% |
| Accrued charges and deferred income | 492/3 | €12,539 | €11,185 | -€1,354 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,292 | €31,969 | -€17,323 | -35.1% |
| Other operating charges | 640/8 | €9,758 | €10,065 | +€307 | +3.2% |
| Gross operating margin | 9900 | €84,086 | €80,967 | -€3,120 | -3.7% |
| Operating profit (loss) | 9901 | €25,037 | €38,932 | +€13,896 | +55.5% |
| Financial charges | 65/66B | €10,504 | €9,276 | -€1,228 | -11.7% |
| Recurring financial charges | 65 | €10,504 | €9,276 | -€1,228 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €14,532 | €29,656 | +€15,124 | +104.1% |
| Transfer from deferred taxes | 780 | €6,551 | €2,606 | -€3,945 | -60.2% |
| Income taxes | 67/77 | €13,753 | €14,885 | +€1,132 | +8.2% |
| Profit (loss) for the period | 9904 | €7,331 | €17,378 | +€10,047 | +137.1% |
| Transfer from tax-exempt reserves | 789 | €12,717 | €5,060 | -€7,657 | -60.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,048 | €22,437 | +€2,390 | +11.9% |
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.