Patrimanne: what changed
What changed
Patrimanne
NACE 47.730, Retail sale of pharmaceutical products
filed annual accounts (NBB)
Net result for the year
-€108,517
2023 · -€173,493+€64,977
Equity
€649,749
2023 · €758,266-€108,517
Cash
€1,328
2023 · €3,752-€2,424
Balance sheet total
€3.8m
2023 · €3.9m-€41,331
Largest movements
Assets
- Tangible fixed assets -€68,019
down €68,019 (-2.1%), from €3.3m to €3.2m
of which Land and buildings: -€67,119
Equity and liabilities
- Debts after one year +€2.0m
up €2.0m (+441%), from €444,458 to €2.4m
of which Other amounts payable: +€2.0m
- Provisions -€1.9m
down €1.9m (-100%), from €1.9m to €0
- Profit (loss) carried forward -€108,517
down €108,517 (-24.3%), from -€446,532 to -€555,049
- Trade debts +€92,441
up €92,441 (+1,301%), from €7,103 to €99,545
- Current portion of long-term debt -€42,409
down €42,409 (-50.2%), from €84,521 to €42,112
Income statement
- Financial charges -€83,703
down €83,703 (-80.7%), from €103,728 to €20,025
of which Financial charges: -€83,703
- Gross operating margin -€50,585
down €50,585 (-37.6%), from €134,399 to €83,814
- Depreciation -€41,546
down €41,546 (-31.1%), from €133,561 to €92,015
- Other operating charges +€26,266
up €26,266 (+49.8%), from €52,693 to €78,959
- Taxes -€18,000
down €18,000 (-100%), from €18,000 to €0
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€173,493
Gross operating margin
-€50,585
Depreciation
+€41,546
Other operating charges
-€26,266
Other operating items
-€1,283
Financial income
-€138
Financial charges
+€83,703
Taxes
+€18,000
Result 2024
-€108,517
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1.9m
Investment
-€23,997
Financing
+€1.9m
Cash 2023
€3,752
From operations (derived)
-€1.9m
Net result for the year
-€108,517
Depreciation
+€92,015
Receivables within one year
-€30,308
Deferred charges and accrued income
+€1,196
Provisions
-€1.9m
Trade debts
+€92,441
Tax, wage and social debts
+€5,227
Other debts
-€12,627
Investment (derived)
-€23,997
Investment in fixed assets (net)
-€23,997
Financing
+€1.9m
Debts after one year
+€2.0m
Current portion of long-term debt
-€42,409
Cash 2024
€1,328
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,863,244 | €3,821,913 | -€41,331 | -1.1% |
| Fixed assets | 21/28 | €3,490,998 | €3,422,979 | -€68,019 | -1.9% |
| Tangible fixed assets | 22/27 | €3,315,878 | €3,247,859 | -€68,019 | -2.1% |
| Land and buildings | 22 | €3,314,332 | €3,247,213 | -€67,119 | -2.0% |
| Plant, machinery and equipment | 23 | €1,547 | €646 | -€900 | -58.2% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €175,120 | €175,120 | = | 0.0% |
| Current assets | 29/58 | €372,245 | €398,933 | +€26,688 | +7.2% |
| Amounts receivable within one year | 40/41 | €236,029 | €266,336 | +€30,308 | +12.8% |
| Trade receivables | 40 | €2,519 | €32,712 | +€30,193 | +1,199% |
| Other amounts receivable | 41 | €233,510 | €233,624 | +€115 | 0.0% |
| Current investments | 50/53 | €131,133 | €131,133 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,752 | €1,328 | -€2,424 | -64.6% |
| Deferred charges and accrued income | 490/1 | €1,331 | €135 | -€1,196 | -89.8% |
| Total equity and liabilities | 10/49 | €3,863,244 | €3,821,913 | -€41,331 | -1.1% |
| Equity | 10/15 | €758,266 | €649,749 | -€108,517 | -14.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €1,179,290 | €1,179,290 | = | 0.0% |
| Reserves | 13 | €6,907 | €6,907 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,907 | €6,907 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,907 | €6,907 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€446,532 | -€555,049 | -€108,517 | -24.3% |
| Provisions and deferred taxes | 16 | €1,933,333 | €0 | -€1.9m | -100% |
| Provisions for liabilities and charges | 160/5 | €1,933,333 | €0 | -€1.9m | -100% |
| Environmental obligations | 163 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €1,933,333 | €0 | -€1.9m | -100% |
| Amounts payable | 17/49 | €1,171,645 | €3,172,164 | +€2.0m | +171% |
| Amounts payable after more than one year | 17 | €444,458 | €2,402,346 | +€2.0m | +441% |
| Financial debts | 170/4 | €444,218 | €402,106 | -€42,112 | -9.5% |
| Other amounts payable | 178/9 | €240 | €2,000,240 | +€2.0m | +833,333% |
| Amounts payable within one year | 42/48 | €727,186 | €769,818 | +€42,631 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €84,521 | €42,112 | -€42,409 | -50.2% |
| Trade debts | 44 | €7,103 | €99,545 | +€92,441 | +1,301% |
| Suppliers | 440/4 | €7,103 | €99,545 | +€92,441 | +1,301% |
| Taxes, remuneration and social security | 45 | €52 | €5,278 | +€5,227 | +10,080% |
| Taxes | 450/3 | €52 | €5,278 | +€5,227 | +10,080% |
| Other amounts payable | 47/48 | €635,510 | €622,883 | -€12,627 | -2.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €44,557 | €0 | -€44,557 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €133,561 | €92,015 | -€41,546 | -31.1% |
| Other operating charges | 640/8 | €52,693 | €78,959 | +€26,266 | +49.8% |
| Non-recurring operating charges | 66A | €48 | €1,331 | +€1,283 | +2,673% |
| Gross operating margin | 9900 | €134,399 | €83,814 | -€50,585 | -37.6% |
| Operating profit (loss) | 9901 | -€51,903 | -€88,492 | -€36,589 | -70.5% |
| Financial income | 75/76B | €138 | €0 | -€138 | -100.0% |
| Recurring financial income | 75 | €138 | €0 | -€138 | -100.0% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €103,728 | €20,025 | -€83,703 | -80.7% |
| Recurring financial charges | 65 | €103,728 | €20,025 | -€83,703 | -80.7% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€155,493 | -€108,517 | +€46,977 | +30.2% |
| Income taxes | 67/77 | €18,000 | €0 | -€18,000 | -100% |
| Profit (loss) for the period | 9904 | -€173,493 | -€108,517 | +€64,977 | +37.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€173,493 | -€108,517 | +€64,977 | +37.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.