PATRIM: 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.
PATRIM
Largest movements
- Tangible fixed assets -€36,383
down €36,383 (-6.0%), from €604,030 to €567,647
- Cash +€25,673
up €25,673 (+61.4%), from €41,835 to €67,508
mainly Net result for the year (+€40,070) and Depreciation (+€36,383)
- Receivables within one year +€11,488
new in 2025: €11,488
- Profit (loss) carried forward +€40,070
up €40,070 (+17.0%), from €235,955 to €276,025
- Debts after one year -€31,649
down €31,649 (-10.3%), from €307,574 to €275,925
of which Financial debts: -€31,649
- Accrued charges and deferred income -€12,467
no longer reported in 2025 (was €12,467)
- Gross operating margin +€11,506
up €11,506 (+12.3%), from €93,509 to €105,014
- Financial charges -€5,905
down €5,905 (-38.9%), from €15,196 to €9,291
- Other operating charges -€5,569
down €5,569 (-54.2%), from €10,280 to €4,710
- Taxes +€5,560
up €5,560 (+61.8%), from €9,000 to €14,560
- Depreciation +€1,305
up €1,305 (+3.7%), from €35,078 to €36,383
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 | €651,341 | €648,690 | -€2,651 | -0.4% |
| Fixed assets | 21/28 | €604,030 | €567,647 | -€36,383 | -6.0% |
| Tangible fixed assets | 22/27 | €604,030 | €567,647 | -€36,383 | -6.0% |
| Land and buildings | 22 | €604,030 | €567,647 | -€36,383 | -6.0% |
| Current assets | 29/58 | €47,312 | €81,043 | +€33,732 | +71.3% |
| Amounts receivable within one year | 40/41 | - | €11,488 | +€11,488 | |
| Trade receivables | 40 | - | €11,488 | +€11,488 | |
| Cash at bank and in hand | 54/58 | €41,835 | €67,508 | +€25,673 | +61.4% |
| Deferred charges and accrued income | 490/1 | €5,476 | €2,047 | -€3,429 | -62.6% |
| Total equity and liabilities | 10/49 | €651,341 | €648,690 | -€2,651 | -0.4% |
| Equity | 10/15 | €276,875 | €316,945 | +€40,070 | +14.5% |
| Contributions | 10/11 | €40,920 | €40,920 | = | 0.0% |
| Profit (loss) carried forward | 14 | €235,955 | €276,025 | +€40,070 | +17.0% |
| Amounts payable | 17/49 | €374,467 | €331,745 | -€42,721 | -11.4% |
| Amounts payable after more than one year | 17 | €307,574 | €275,925 | -€31,649 | -10.3% |
| Financial debts | 170/4 | €300,806 | €269,158 | -€31,649 | -10.5% |
| Other amounts payable | 178/9 | €6,767 | €6,767 | = | 0.0% |
| Amounts payable within one year | 42/48 | €54,426 | €55,820 | +€1,395 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €30,947 | €31,649 | +€702 | +2.3% |
| Trade debts | 44 | €2,038 | €6 | -€2,032 | -99.7% |
| Suppliers | 440/4 | €2,038 | €6 | -€2,032 | -99.7% |
| Taxes, remuneration and social security | 45 | €11,598 | €17,573 | +€5,975 | +51.5% |
| Taxes | 450/3 | €11,598 | €17,573 | +€5,975 | +51.5% |
| Other amounts payable | 47/48 | €9,843 | €6,593 | -€3,250 | -33.0% |
| Accrued charges and deferred income | 492/3 | €12,467 | - | -€12,467 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,078 | €36,383 | +€1,305 | +3.7% |
| Other operating charges | 640/8 | €10,280 | €4,710 | -€5,569 | -54.2% |
| Gross operating margin | 9900 | €93,509 | €105,014 | +€11,506 | +12.3% |
| Operating profit (loss) | 9901 | €48,151 | €63,921 | +€15,770 | +32.8% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €15,196 | €9,291 | -€5,905 | -38.9% |
| Recurring financial charges | 65 | €15,196 | €9,291 | -€5,905 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | €32,958 | €54,631 | +€21,673 | +65.8% |
| Income taxes | 67/77 | €9,000 | €14,560 | +€5,560 | +61.8% |
| Profit (loss) for the period | 9904 | €23,958 | €40,070 | +€16,113 | +67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,958 | €40,070 | +€16,113 | +67.3% |
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 17 October 2026 via checked.be.