PATRIFLOR: 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
PATRIFLOR
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€185,001
2024 · €168,254+€16,747
Equity
€952,629
2024 · €767,628+€185,001
Cash
€290,839
2024 · €208,927+€81,911
Balance sheet total
€6.8m
2024 · €7.0m-€191,819
Largest movements
Assets
- Tangible fixed assets -€316,629
down €316,629 (-4.7%), from €6.8m to €6.5m
of which Land and buildings: -€302,144
- Cash +€81,911
up €81,911 (+39.2%), from €208,927 to €290,839
mainly Depreciation (+€316,629) and Net result for the year (+€185,001)
Equity and liabilities
- Debts after one year -€456,550
down €456,550 (-9.0%), from €5.1m to €4.6m
- Profit (loss) carried forward +€185,001
up €185,001 (+39.8%), from €464,941 to €649,942
Income statement
- Financial charges -€42,344
down €42,344 (-18.5%), from €228,751 to €186,407
- Purchases and services +€28,839
up €28,839 (+74.2%), from €38,874 to €67,713
- Gross operating margin -€26,686
down €26,686 (-3.1%), from €852,511 to €825,825
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.
Result 2024
€168,254
Gross operating margin
-€26,686
Depreciation
+€6,435
Other operating charges
-€2,153
Financial income
+€5,000
Financial charges
+€42,344
Taxes
-€8,193
Result 2025
€185,001
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.
From operations
+€485,664
Investment
€0
Financing
-€403,753
Cash 2024
€208,927
From operations (derived)
+€485,664
Net result for the year
+€185,001
Depreciation
+€316,629
Receivables within one year
-€42,899
Trade debts
-€1,761
Tax, wage and social debts
+€16,693
Other debts
+€12,000
Financing
-€403,753
Debts after one year
-€456,550
Current portion of long-term debt
+€52,797
Cash 2025
€290,839
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,038,886 | €6,847,067 | -€191,819 | -2.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €6,804,957 | €6,488,328 | -€316,629 | -4.7% |
| Tangible fixed assets | 22/27 | €6,804,957 | €6,488,328 | -€316,629 | -4.7% |
| Land and buildings | 22 | €6,706,540 | €6,404,395 | -€302,144 | -4.5% |
| Plant, machinery and equipment | 23 | €98,417 | €83,932 | -€14,484 | -14.7% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €233,929 | €358,739 | +€124,810 | +53.4% |
| Amounts receivable within one year | 40/41 | €25,002 | €67,900 | +€42,899 | +171.6% |
| Trade receivables | 40 | €9,602 | €51,100 | +€41,499 | +432.2% |
| Other amounts receivable | 41 | €15,400 | €16,800 | +€1,400 | +9.1% |
| Cash at bank and in hand | 54/58 | €208,927 | €290,839 | +€81,911 | +39.2% |
| Total equity and liabilities | 10/49 | €7,038,886 | €6,847,067 | -€191,819 | -2.7% |
| Equity | 10/15 | €767,628 | €952,629 | +€185,001 | +24.1% |
| Contributions | 10/11 | €297,687 | €297,687 | = | 0.0% |
| Capital | 10 | €297,472 | €297,472 | = | 0.0% |
| Issued capital | 100 | €297,472 | €297,472 | = | 0.0% |
| Outside capital | 11 | €215 | €215 | = | 0.0% |
| Share premium | 1100/10 | €215 | €215 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Legal reserve | 130 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €464,941 | €649,942 | +€185,001 | +39.8% |
| Provisions and deferred taxes | 16 | €21,000 | €21,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €21,000 | €21,000 | = | 0.0% |
| Environmental obligations | 163 | €21,000 | €21,000 | = | 0.0% |
| Amounts payable | 17/49 | €6,250,257 | €5,873,437 | -€376,820 | -6.0% |
| Amounts payable after more than one year | 17 | €5,086,879 | €4,630,329 | -€456,550 | -9.0% |
| Financial debts | 170/4 | €5,086,879 | €4,630,329 | -€456,550 | -9.0% |
| Amounts payable within one year | 42/48 | €1,163,379 | €1,243,108 | +€79,730 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €443,041 | €495,838 | +€52,797 | +11.9% |
| Trade debts | 44 | €1,761 | €0 | -€1,761 | -100.0% |
| Suppliers | 440/4 | €1,761 | €0 | -€1,761 | -100.0% |
| Taxes, remuneration and social security | 45 | €8,857 | €25,550 | +€16,693 | +188.5% |
| Taxes | 450/3 | €8,857 | €25,550 | +€16,693 | +188.5% |
| Other amounts payable | 47/48 | €709,721 | €721,721 | +€12,000 | +1.7% |
| Turnover | 70 | €891,385 | €893,538 | +€2,153 | +0.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €38,874 | €67,713 | +€28,839 | +74.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €323,064 | €316,629 | -€6,435 | -2.0% |
| Other operating charges | 640/8 | €68,585 | €70,738 | +€2,153 | +3.1% |
| Gross operating margin | 9900 | €852,511 | €825,825 | -€26,686 | -3.1% |
| Operating profit (loss) | 9901 | €460,862 | €438,458 | -€22,404 | -4.9% |
| Financial income | 75/76B | - | €5,000 | +€5,000 | |
| Recurring financial income | 75 | - | €5,000 | +€5,000 | |
| Financial charges | 65/66B | €228,751 | €186,407 | -€42,344 | -18.5% |
| Recurring financial charges | 65 | €228,751 | €186,407 | -€42,344 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €232,111 | €257,051 | +€24,940 | +10.7% |
| Income taxes | 67/77 | €63,857 | €72,050 | +€8,193 | +12.8% |
| Profit (loss) for the period | 9904 | €168,254 | €185,001 | +€16,747 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €168,254 | €185,001 | +€16,747 | +10.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.