PATRIMAR: 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.
PATRIMAR
Largest movements
- Tangible fixed assets +€43,874
up €43,874 (+15.6%), from €281,605 to €325,479
of which Furniture and vehicles: +€57,210
- Cash -€28,216
down €28,216 (-58.4%), from €48,322 to €20,106
mainly Investment in fixed assets (net) (-€57,210) and Other debts (-€29,823)
- Receivables within one year -€19,917
down €19,917 (-95.3%), from €20,897 to €980
of which Trade receivables: -€20,000
- Reserves +€30,919
up €30,919 (+12.4%), from €248,677 to €279,596
of which Distributable reserves: +€30,919
- Other debts -€29,823
down €29,823 (-94.5%), from €31,561 to €1,738
- Tax, wage and social debts -€3,854
down €3,854 (-100.0%), from €3,854 to €0
- Financial charges -€1,288
down €1,288 (-49.5%), from €2,602 to €1,314
- Gross operating margin -€1,106
down €1,106 (-1.9%), from €57,800 to €56,694
- Depreciation +€773
up €773 (+6.2%), from €12,562 to €13,336
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 | €350,979 | €346,999 | -€3,980 | -1.1% |
| Fixed assets | 21/28 | €281,760 | €325,634 | +€43,874 | +15.6% |
| Tangible fixed assets | 22/27 | €281,605 | €325,479 | +€43,874 | +15.6% |
| Land and buildings | 22 | €281,605 | €268,269 | -€13,336 | -4.7% |
| Furniture and vehicles | 24 | - | €57,210 | +€57,210 | |
| Financial fixed assets | 28 | €155 | €155 | = | 0.0% |
| Current assets | 29/58 | €69,219 | €21,365 | -€47,854 | -69.1% |
| Amounts receivable within one year | 40/41 | €20,897 | €980 | -€19,917 | -95.3% |
| Trade receivables | 40 | €20,000 | €0 | -€20,000 | -100.0% |
| Other amounts receivable | 41 | €897 | €980 | +€83 | +9.3% |
| Cash at bank and in hand | 54/58 | €48,322 | €20,106 | -€28,216 | -58.4% |
| Deferred charges and accrued income | 490/1 | - | €279 | +€279 | |
| Total equity and liabilities | 10/49 | €350,979 | €346,999 | -€3,980 | -1.1% |
| Equity | 10/15 | €310,677 | €341,596 | +€30,919 | +10.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €248,677 | €279,596 | +€30,919 | +12.4% |
| Non-distributable reserves | 130/1 | €24,294 | €24,294 | = | 0.0% |
| Legal reserve | 130 | €24,294 | €24,294 | = | 0.0% |
| Distributable reserves | 133 | €224,383 | €255,302 | +€30,919 | +13.8% |
| Amounts payable | 17/49 | €40,302 | €5,403 | -€34,898 | -86.6% |
| Amounts payable within one year | 42/48 | €37,819 | €4,224 | -€33,594 | -88.8% |
| Trade debts | 44 | €2,403 | €2,486 | +€83 | +3.5% |
| Suppliers | 440/4 | €2,403 | €2,486 | +€83 | +3.5% |
| Taxes, remuneration and social security | 45 | €3,854 | €0 | -€3,854 | -100.0% |
| Taxes | 450/3 | €3,854 | €0 | -€3,854 | -100.0% |
| Other amounts payable | 47/48 | €31,561 | €1,738 | -€29,823 | -94.5% |
| Accrued charges and deferred income | 492/3 | €2,483 | €1,179 | -€1,304 | -52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,562 | €13,336 | +€773 | +6.2% |
| Other operating charges | 640/8 | €505 | €678 | +€173 | +34.1% |
| Gross operating margin | 9900 | €57,800 | €56,694 | -€1,106 | -1.9% |
| Operating profit (loss) | 9901 | €44,732 | €42,680 | -€2,052 | -4.6% |
| Financial income | 75/76B | €120 | €103 | -€16 | -13.6% |
| Recurring financial income | 75 | €120 | €103 | -€16 | -13.6% |
| Financial charges | 65/66B | €2,602 | €1,314 | -€1,288 | -49.5% |
| Recurring financial charges | 65 | €2,602 | €1,314 | -€1,288 | -49.5% |
| Profit (loss) for the period before taxes | 9903 | €42,250 | €41,469 | -€780 | -1.8% |
| Income taxes | 67/77 | €10,139 | €10,551 | +€412 | +4.1% |
| Profit (loss) for the period | 9904 | €32,111 | €30,919 | -€1,192 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,111 | €30,919 | -€1,192 | -3.7% |
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 8 October 2026 via checked.be.