PATRIMA: 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.
PATRIMA
Largest movements
- Receivables within one year +€332,173
up €332,173 (+93.9%), from €353,680 to €685,854
of which Trade receivables: +€391,173
- Cash -€285,724
down €285,724 (-93.4%), from €305,861 to €20,137
mainly Receivables within one year (-€332,173) and Short-term financial debts (-€30,000)
- Tangible fixed assets -€22,998
down €22,998 (-9.6%), from €238,692 to €215,695
of which Land and buildings: -€18,071
- Other debts +€44,648
up €44,648 (+49.0%), from €91,206 to €135,854
- Short-term financial debts -€30,000
down €30,000 (-100%), from €30,000 to €0
- Trade debts +€17,484
up €17,484 (+9.6%), from €182,948 to €200,432
- Reserves +€15,010
up €15,010 (+4.5%), from €333,426 to €348,436
- Debts after one year -€14,824
down €14,824 (-8.4%), from €176,501 to €161,677
- Gross operating margin -€93,745
down €93,745 (-36.2%), from €258,845 to €165,100
- Taxes -€48,258
down €48,258 (-71.0%), from €67,927 to €19,669
- Staff costs +€36,545
up €36,545 (+81.6%), from €44,789 to €81,334
- Other operating charges +€4,674
up €4,674 (+69.7%), from €6,710 to €11,384
- Financial charges -€2,789
down €2,789 (-19.4%), from €14,396 to €11,607
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 | €900,250 | €932,568 | +€32,317 | +3.6% |
| Fixed assets | 21/28 | €238,692 | €215,695 | -€22,998 | -9.6% |
| Tangible fixed assets | 22/27 | €238,692 | €215,695 | -€22,998 | -9.6% |
| Land and buildings | 22 | €223,866 | €205,796 | -€18,071 | -8.1% |
| Plant, machinery and equipment | 23 | €469 | €325 | -€145 | -30.9% |
| Furniture and vehicles | 24 | €14,357 | €9,575 | -€4,782 | -33.3% |
| Current assets | 29/58 | €661,558 | €716,873 | +€55,315 | +8.4% |
| Amounts receivable within one year | 40/41 | €353,680 | €685,854 | +€332,173 | +93.9% |
| Trade receivables | 40 | €87,160 | €478,333 | +€391,173 | +449% |
| Other amounts receivable | 41 | €266,520 | €207,521 | -€59,000 | -22.1% |
| Cash at bank and in hand | 54/58 | €305,861 | €20,137 | -€285,724 | -93.4% |
| Deferred charges and accrued income | 490/1 | €2,017 | €10,882 | +€8,865 | +440% |
| Total equity and liabilities | 10/49 | €900,250 | €932,568 | +€32,317 | +3.6% |
| Equity | 10/15 | €352,026 | €367,036 | +€15,010 | +4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €333,426 | €348,436 | +€15,010 | +4.5% |
| Distributable reserves | 133 | €333,426 | €348,436 | +€15,010 | +4.5% |
| Amounts payable | 17/49 | €548,224 | €565,532 | +€17,308 | +3.2% |
| Amounts payable after more than one year | 17 | €176,501 | €161,677 | -€14,824 | -8.4% |
| Financial debts | 170/4 | €176,501 | €161,677 | -€14,824 | -8.4% |
| Amounts payable within one year | 42/48 | €371,724 | €403,855 | +€32,132 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €14,497 | €14,824 | +€327 | +2.3% |
| Financial debts | 43 | €30,000 | €0 | -€30,000 | -100% |
| Credit institutions | 430/8 | €30,000 | €0 | -€30,000 | -100% |
| Trade debts | 44 | €182,948 | €200,432 | +€17,484 | +9.6% |
| Suppliers | 440/4 | €182,948 | €200,432 | +€17,484 | +9.6% |
| Taxes, remuneration and social security | 45 | €53,072 | €52,745 | -€327 | -0.6% |
| Taxes | 450/3 | €42,738 | €38,059 | -€4,679 | -10.9% |
| Remuneration and social security | 454/9 | €10,334 | €14,686 | +€4,352 | +42.1% |
| Other amounts payable | 47/48 | €91,206 | €135,854 | +€44,648 | +49.0% |
| Non-recurring operating income | 76A | €45,165 | €8,160 | -€37,004 | -81.9% |
| Remuneration, social security and pensions | 62 | €44,789 | €81,334 | +€36,545 | +81.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,328 | €22,275 | -€53 | -0.2% |
| Other operating charges | 640/8 | €6,710 | €11,384 | +€4,674 | +69.7% |
| Non-recurring operating charges | 66A | €6,583 | €3,840 | -€2,743 | -41.7% |
| Gross operating margin | 9900 | €258,845 | €165,100 | -€93,745 | -36.2% |
| Operating profit (loss) | 9901 | €178,436 | €46,268 | -€132,168 | -74.1% |
| Financial income | 75/76B | €10 | €18 | +€8 | +82.3% |
| Recurring financial income | 75 | €10 | €18 | +€8 | +82.3% |
| Financial charges | 65/66B | €14,396 | €11,607 | -€2,789 | -19.4% |
| Recurring financial charges | 65 | €14,396 | €11,607 | -€2,789 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €164,050 | €34,679 | -€129,371 | -78.9% |
| Income taxes | 67/77 | €67,927 | €19,669 | -€48,258 | -71.0% |
| Profit (loss) for the period | 9904 | €96,123 | €15,010 | -€81,113 | -84.4% |
| Profit (loss) for the period to be appropriated | 9905 | €96,123 | €15,010 | -€81,113 | -84.4% |
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 26 October 2026 via checked.be.