PATRIKOM: 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.
PATRIKOM
Largest movements
- Tangible fixed assets +€2.8m
up €2.8m (+200.3%), from €1.4m to €4.2m
of which Land and buildings: +€2.8m
- Cash +€114,546
up €114,546 (+102.1%), from €112,244 to €226,791
mainly Contributions, distributions and other (+€2.8m) and Other debts (+€63,656)
- Revaluation surpluses +€2.8m
new in 2025: €2.8m
- Other debts +€63,656
up €63,656 (+10.6%), from €600,262 to €663,919
- Reserves +€54,285
up €54,285 (+6.3%), from €860,769 to €915,054
of which Distributable reserves: +€54,285
- Accrued charges and deferred income -€48,141
down €48,141 (-100.0%), from €48,141 to €0
- Gross operating margin -€11,894
down €11,894 (-6.9%), from €172,697 to €160,803
- Taxes -€6,082
down €6,082 (-24.6%), from €24,748 to €18,666
- Financial charges -€5,284
down €5,284 (-11.0%), from €48,141 to €42,857
- Depreciation +€3,098
up €3,098 (+9.7%), from €31,770 to €34,868
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 | €1,542,908 | €4,456,823 | +€2.9m | +188.9% |
| Fixed assets | 21/28 | €1,402,464 | €4,212,176 | +€2.8m | +200.3% |
| Tangible fixed assets | 22/27 | €1,402,464 | €4,212,176 | +€2.8m | +200.3% |
| Land and buildings | 22 | €1,402,464 | €4,193,055 | +€2.8m | +199.0% |
| Assets under construction and advance payments | 27 | - | €19,121 | +€19,121 | |
| Current assets | 29/58 | €140,444 | €244,648 | +€104,204 | +74.2% |
| Amounts receivable within one year | 40/41 | €23,844 | €13,305 | -€10,539 | -44.2% |
| Trade receivables | 40 | - | €6,543 | +€6,543 | |
| Other amounts receivable | 41 | €23,844 | €6,762 | -€17,082 | -71.6% |
| Cash at bank and in hand | 54/58 | €112,244 | €226,791 | +€114,546 | +102.1% |
| Deferred charges and accrued income | 490/1 | €4,355 | €4,552 | +€197 | +4.5% |
| Total equity and liabilities | 10/49 | €1,542,908 | €4,456,823 | +€2.9m | +188.9% |
| Equity | 10/15 | €879,369 | €3,759,113 | +€2.9m | +327.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | - | €2,825,458 | +€2.8m | |
| Reserves | 13 | €860,769 | €915,054 | +€54,285 | +6.3% |
| Non-distributable reserves | 130/1 | €86,370 | €86,370 | = | 0.0% |
| Reserves not available under the articles | 1311 | €86,370 | €86,370 | = | 0.0% |
| Distributable reserves | 133 | €774,399 | €828,684 | +€54,285 | +7.0% |
| Amounts payable | 17/49 | €663,539 | €697,710 | +€34,172 | +5.1% |
| Amounts payable within one year | 42/48 | €615,398 | €697,710 | +€82,313 | +13.4% |
| Trade debts | 44 | €387 | €1,082 | +€694 | +179.3% |
| Suppliers | 440/4 | €387 | €1,082 | +€694 | +179.3% |
| Taxes, remuneration and social security | 45 | €14,748 | €32,710 | +€17,962 | +121.8% |
| Taxes | 450/3 | €14,748 | €32,710 | +€17,962 | +121.8% |
| Other amounts payable | 47/48 | €600,262 | €663,919 | +€63,656 | +10.6% |
| Accrued charges and deferred income | 492/3 | €48,141 | €0 | -€48,141 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,770 | €34,868 | +€3,098 | +9.7% |
| Other operating charges | 640/8 | €9,451 | €10,128 | +€676 | +7.2% |
| Gross operating margin | 9900 | €172,697 | €160,803 | -€11,894 | -6.9% |
| Operating profit (loss) | 9901 | €131,475 | €115,808 | -€15,667 | -11.9% |
| Financial charges | 65/66B | €48,141 | €42,857 | -€5,284 | -11.0% |
| Recurring financial charges | 65 | €48,141 | €42,857 | -€5,284 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €83,334 | €72,951 | -€10,383 | -12.5% |
| Income taxes | 67/77 | €24,748 | €18,666 | -€6,082 | -24.6% |
| Profit (loss) for the period | 9904 | €58,587 | €54,285 | -€4,302 | -7.3% |
| Transfer to tax-exempt reserves | 689 | €58,587 | €54,285 | -€4,302 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €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 3 October 2026 via checked.be.