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PATRIBE: 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

PATRIBE

BE 0445.170.117
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€6,318
2023 · €23,171-€16,853
Equity
€871,193
2023 · €864,875+€6,318
Cash
€21,986
2023 · €22,460-€474
Balance sheet total
€1.1m
2023 · €1.1m+€7,063

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€22,861

    up €22,861 (+2.7%), from €839,443 to €862,304

  • Tangible fixed assets -€15,324

    down €15,324 (-7.8%), from €195,798 to €180,474

    of which Land and buildings: -€12,600

Equity and liabilities

No liability line moved by more than 1% of the balance sheet total.

    Income statement
    • Gross operating margin -€27,148

      down €27,148 (-52.1%), from €52,127 to €24,979

    • Taxes -€10,482

      down €10,482 (-80.1%), from €13,093 to €2,610

    From the 2023 result to the 2024 result

    effect on the 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 2023 €23,171
    Gross operating margin -€27,148
    Other operating charges -€64
    Financial income +€10
    Financial charges -€134
    Taxes +€10,482
    Result 2024 €6,318

    Cash bridge derived

    cash 2023 to 2024

    Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

    From operations -€474
    Investment €0
    Financing €0
    Cash 2023 €22,460
    Net result for the year +€6,318
    Depreciation +€15,324
    Receivables within one year -€22,861
    Provisions -€1,474
    Trade debts -€384
    Tax, wage and social debts +€2,603
    Cash 2024 €21,986
    Every line side by side 41 lines
    Line Code 2023 2024 Change %
    Total assets 20/58 €1,057,701 €1,064,764 +€7,063 +0.7%
    Fixed assets 21/28 €195,798 €180,474 -€15,324 -7.8%
    Tangible fixed assets 22/27 €195,798 €180,474 -€15,324 -7.8%
    Land and buildings 22 €186,481 €173,881 -€12,600 -6.8%
    Plant, machinery and equipment 23 €9,317 €6,593 -€2,724 -29.2%
    Current assets 29/58 €861,903 €884,290 +€22,387 +2.6%
    Amounts receivable within one year 40/41 €839,443 €862,304 +€22,861 +2.7%
    Other amounts receivable 41 €839,443 €862,304 +€22,861 +2.7%
    Cash at bank and in hand 54/58 €22,460 €21,986 -€474 -2.1%
    Total equity and liabilities 10/49 €1,057,701 €1,064,764 +€7,063 +0.7%
    Equity 10/15 €864,875 €871,193 +€6,318 +0.7%
    Contributions 10/11 €418,692 €418,692 = 0.0%
    Capital 10 €418,692 €418,692 = 0.0%
    Issued capital 100 €418,692 €418,692 = 0.0%
    Reserves 13 €446,183 €452,501 +€6,318 +1.4%
    Non-distributable reserves 130/1 €21,561 €22,027 +€466 +2.2%
    Legal reserve 130 €21,561 €22,027 +€466 +2.2%
    Tax-exempt reserves 132 €14,962 €11,969 -€2,992 -20.0%
    Distributable reserves 133 €409,660 €418,505 +€8,845 +2.2%
    Provisions and deferred taxes 16 €7,369 €5,895 -€1,474 -20.0%
    Deferred taxes 168 €7,369 €5,895 -€1,474 -20.0%
    Amounts payable 17/49 €185,457 €187,675 +€2,219 +1.2%
    Amounts payable within one year 42/48 €185,457 €187,675 +€2,219 +1.2%
    Trade debts 44 €384 - -€384
    Suppliers 440/4 €384 - -€384
    Taxes, remuneration and social security 45 €185,072 €187,675 +€2,603 +1.4%
    Taxes 450/3 €185,072 €187,675 +€2,603 +1.4%
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €15,324 €15,324 = 0.0%
    Other operating charges 640/8 €1,563 €1,626 +€64 +4.1%
    Gross operating margin 9900 €52,127 €24,979 -€27,148 -52.1%
    Operating profit (loss) 9901 €35,240 €8,029 -€27,212 -77.2%
    Financial income 75/76B €14 €24 +€10 +75.4%
    Recurring financial income 75 €14 €24 +€10 +75.4%
    Financial charges 65/66B €464 €598 +€134 +28.9%
    Recurring financial charges 65 €464 €598 +€134 +28.9%
    Profit (loss) for the period before taxes 9903 €34,790 €7,455 -€27,335 -78.6%
    Transfer from deferred taxes 780 €1,474 €1,474 = 0.0%
    Income taxes 67/77 €13,093 €2,610 -€10,482 -80.1%
    Profit (loss) for the period 9904 €23,171 €6,318 -€16,853 -72.7%
    Transfer from tax-exempt reserves 789 €2,992 €2,992 = 0.0%
    Profit (loss) for the period to be appropriated 9905 €26,163 €9,311 -€16,853 -64.4%

    Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.