PATRI SALVA: 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 SALVA
Largest movements
- Tangible fixed assets -€11,465
down €11,465 (-9.5%), from €120,816 to €109,350
- Financial fixed assets -€2,355
down €2,355 (-44.2%), from €5,330 to €2,975
- Cash +€2,099
up €2,099 (+128%), from €1,639 to €3,738
mainly Depreciation (+€11,465) and Investment in fixed assets (net) (+€2,355)
- Stocks and contracts -€1,415
no longer reported in 2025 (was €1,415)
- Debts after one year -€11,186
down €11,186 (-41.8%), from €26,748 to €15,562
- Reserves -€3,292
down €3,292 (-5.6%), from €58,264 to €54,972
of which Tax-exempt reserves: -€3,292
- Other debts +€2,139
up €2,139 (+28.7%), from €7,445 to €9,584
- Provisions -€1,621
down €1,621 (-10.7%), from €15,212 to €13,591
- Profit (loss) carried forward +€1,431
up €1,431 (+11.4%), from €12,520 to €13,951
- Depreciation -€2,256
down €2,256 (-16.4%), from €13,721 to €11,465
- Gross operating margin +€2,212
up €2,212 (+17.1%), from €12,901 to €15,113
- Financial charges +€2,068
up €2,068 (+175%), from €1,181 to €3,249
- Write-downs +€1,415
new in 2025: €1,415
- Taxes +€839
up €839 (+51.5%), from €1,628 to €2,467
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 | €139,044 | €126,531 | -€12,513 | -9.0% |
| Fixed assets | 21/28 | €126,145 | €112,325 | -€13,820 | -11.0% |
| Tangible fixed assets | 22/27 | €120,816 | €109,350 | -€11,465 | -9.5% |
| Land and buildings | 22 | €120,816 | €109,350 | -€11,465 | -9.5% |
| Financial fixed assets | 28 | €5,330 | €2,975 | -€2,355 | -44.2% |
| Current assets | 29/58 | €12,899 | €14,206 | +€1,307 | +10.1% |
| Stocks and contracts in progress | 3 | €1,415 | - | -€1,415 | |
| Stocks | 30/36 | €1,415 | - | -€1,415 | |
| Amounts receivable within one year | 40/41 | €9,215 | €9,215 | = | 0.0% |
| Trade receivables | 40 | €9,215 | €9,215 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,639 | €3,738 | +€2,099 | +128% |
| Deferred charges and accrued income | 490/1 | €630 | €1,253 | +€623 | +98.9% |
| Total equity and liabilities | 10/49 | €139,044 | €126,531 | -€12,513 | -9.0% |
| Equity | 10/15 | €76,984 | €75,124 | -€1,861 | -2.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €58,264 | €54,972 | -€3,292 | -5.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €43,036 | €39,744 | -€3,292 | -7.6% |
| Distributable reserves | 133 | €13,369 | €13,369 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,520 | €13,951 | +€1,431 | +11.4% |
| Provisions and deferred taxes | 16 | €15,212 | €13,591 | -€1,621 | -10.7% |
| Deferred taxes | 168 | €15,212 | €13,591 | -€1,621 | -10.7% |
| Amounts payable | 17/49 | €46,848 | €37,817 | -€9,031 | -19.3% |
| Amounts payable after more than one year | 17 | €26,748 | €15,562 | -€11,186 | -41.8% |
| Financial debts | 170/4 | €26,748 | €15,562 | -€11,186 | -41.8% |
| Amounts payable within one year | 42/48 | €19,134 | €21,289 | +€2,155 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €10,933 | €11,186 | +€253 | +2.3% |
| Trade debts | 44 | €128 | €128 | = | 0.0% |
| Suppliers | 440/4 | €128 | €128 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €628 | €392 | -€236 | -37.6% |
| Taxes | 450/3 | €628 | €392 | -€236 | -37.6% |
| Other amounts payable | 47/48 | €7,445 | €9,584 | +€2,139 | +28.7% |
| Accrued charges and deferred income | 492/3 | €966 | €966 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,721 | €11,465 | -€2,256 | -16.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,415 | +€1,415 | |
| Gross operating margin | 9900 | €12,901 | €15,113 | +€2,212 | +17.1% |
| Operating profit (loss) | 9901 | -€820 | €2,233 | +€3,053 | |
| Financial charges | 65/66B | €1,181 | €3,249 | +€2,068 | +175% |
| Recurring financial charges | 65 | €1,181 | €3,249 | +€2,068 | +175% |
| Profit (loss) for the period before taxes | 9903 | -€2,001 | -€1,015 | +€986 | +49.3% |
| Transfer from deferred taxes | 780 | €1,621 | €1,621 | = | 0.0% |
| Income taxes | 67/77 | €1,628 | €2,467 | +€839 | +51.5% |
| Profit (loss) for the period | 9904 | -€2,008 | -€1,861 | +€147 | +7.3% |
| Transfer from tax-exempt reserves | 789 | €3,292 | €3,292 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,284 | €1,431 | +€147 | +11.5% |
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 15 October 2026 via checked.be.