PatriAF: 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.
PatriAF
Largest movements
- Tangible fixed assets +€2.0m
up €2.0m (+75.4%), from €2.6m to €4.6m
of which Land and buildings: +€2.0m
- Profit (loss) carried forward +€1.3m
up €1.3m (+53.3%), from €2.4m to €3.7m
- Financial income +€406,023
up €406,023 (+37.1%), from €1.1m to €1.5m
- Depreciation +€171,692
up €171,692 (+883%), from €19,446 to €191,138
- Gross operating margin +€18,647
up €18,647 (+89.5%), from -€20,838 to -€2,192
- Other operating charges -€2,657
down €2,657 (-22.1%), from €12,040 to €9,383
- Staff costs -€2,209
down €2,209 (-9.5%), from €23,276 to €21,067
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 | €77,397,725 | €78,680,892 | +€1.3m | +1.7% |
| Fixed assets | 21/28 | €73,621,500 | €75,608,022 | +€2.0m | +2.7% |
| Tangible fixed assets | 22/27 | €2,633,135 | €4,619,658 | +€2.0m | +75.4% |
| Land and buildings | 22 | €2,628,239 | €4,616,323 | +€2.0m | +75.6% |
| Furniture and vehicles | 24 | €4,897 | €3,334 | -€1,563 | -31.9% |
| Financial fixed assets | 28 | €70,988,365 | €70,988,365 | = | 0.0% |
| Current assets | 29/58 | €3,776,225 | €3,072,870 | -€703,355 | -18.6% |
| Amounts receivable within one year | 40/41 | €37,605 | €77,243 | +€39,637 | +105% |
| Trade receivables | 40 | €10,381 | €41,758 | +€31,377 | +302% |
| Other amounts receivable | 41 | €27,225 | €35,484 | +€8,260 | +30.3% |
| Current investments | 50/53 | €3,600,000 | €2,850,000 | -€750,000 | -20.8% |
| Cash at bank and in hand | 54/58 | €138,619 | €145,627 | +€7,008 | +5.1% |
| Total equity and liabilities | 10/49 | €77,397,725 | €78,680,892 | +€1.3m | +1.7% |
| Equity | 10/15 | €3,680,654 | €4,955,707 | +€1.3m | +34.6% |
| Contributions | 10/11 | €1,290,500 | €1,290,500 | = | 0.0% |
| Contributions outside capital | 11 | €1,290,500 | - | -€1.3m | |
| Other | 1109/19 | €1,290,500 | - | -€1.3m | |
| Profit (loss) carried forward | 14 | €2,390,154 | €3,665,207 | +€1.3m | +53.3% |
| Amounts payable | 17/49 | €73,717,071 | €73,725,185 | +€8,115 | 0.0% |
| Amounts payable within one year | 42/48 | €73,717,071 | €73,725,185 | +€8,115 | 0.0% |
| Trade debts | 44 | €1,499 | €9,256 | +€7,757 | +517% |
| Suppliers | 440/4 | €1,499 | €9,256 | +€7,757 | +517% |
| Taxes, remuneration and social security | 45 | €2,441 | €2,799 | +€358 | +14.7% |
| Taxes | 450/3 | €2,441 | €2,799 | +€358 | +14.7% |
| Other amounts payable | 47/48 | €73,713,130 | €73,713,130 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €23,276 | €21,067 | -€2,209 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,446 | €191,138 | +€171,692 | +883% |
| Other operating charges | 640/8 | €12,040 | €9,383 | -€2,657 | -22.1% |
| Gross operating margin | 9900 | -€20,838 | -€2,192 | +€18,647 | +89.5% |
| Operating profit (loss) | 9901 | -€75,601 | -€223,780 | -€148,179 | -196% |
| Financial income | 75/76B | €1,093,096 | €1,499,118 | +€406,023 | +37.1% |
| Recurring financial income | 75 | €1,093,096 | €1,499,118 | +€406,023 | +37.1% |
| Financial charges | 65/66B | €173 | €285 | +€112 | +64.5% |
| Recurring financial charges | 65 | €173 | €285 | +€112 | +64.5% |
| Profit (loss) for the period before taxes | 9903 | €1,017,321 | €1,275,053 | +€257,732 | +25.3% |
| Profit (loss) for the period | 9904 | €1,017,321 | €1,275,053 | +€257,732 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,017,321 | €1,275,053 | +€257,732 | +25.3% |
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 14 October 2026 via checked.be.