PATRIMAS: 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.
What changed
PATRIMAS
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€29,172
2024 · €72,297-€43,125
Equity
€7.0m
2024 · €7.0m+€29,172
Cash
€44,619
2024 · €20,029+€24,590
Balance sheet total
€7.4m
2024 · €7.4m+€47,642
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Reserves +€4.1m
up €4.1m (+316%), from €1.3m to €5.4m
of which Distributable reserves: +€4.2m
- Profit (loss) carried forward -€4.1m
down €4.1m (-100%), from €4.1m to €0
- Other debts +€90,443
up €90,443 (+331%), from €27,284 to €117,727
Income statement
- Financial income -€64,767
down €64,767 (-35.7%), from €181,277 to €116,509
- Gross operating margin +€25,719
up €25,719 (+198%), from €13,022 to €38,741
- Depreciation +€12,432
up €12,432 (+11.0%), from €113,190 to €125,622
- Taxes -€7,438
down €7,438, from €3,719 to -€3,719
- Financial charges -€2,378
down €2,378 (-42.9%), from €5,540 to €3,162
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.
Result 2024
€72,297
Gross operating margin
+€25,719
Depreciation
-€12,432
Other operating charges
-€1,460
Financial income
-€64,767
Financial charges
+€2,378
Taxes
+€7,438
Result 2025
€29,172
raises the resultlowers the result
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.
From operations
+€221,632
Investment
-€152,042
Financing
-€45,000
Cash 2024
€20,029
From operations (derived)
+€221,632
Net result for the year
+€29,172
Depreciation
+€125,622
Receivables after one year
-€9,038
Receivables within one year
+€14,587
Deferred charges and accrued income
-€2,180
Provisions
-€11,606
Trade debts
+€11,123
Tax, wage and social debts
-€25,691
Advances received
-€800
Other debts
+€90,443
Investment (derived)
-€152,042
Investment in fixed assets (net)
-€152,042
Financing
-€45,000
Debts after one year
-€11,250
Current portion of long-term debt
-€33,750
Cash 2025
€44,619
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,397,743 | €7,445,385 | +€47,642 | +0.6% |
| Fixed assets | 21/28 | €3,252,912 | €3,279,332 | +€26,420 | +0.8% |
| Tangible fixed assets | 22/27 | €3,252,912 | €3,279,332 | +€26,420 | +0.8% |
| Land and buildings | 22 | €3,252,912 | €3,279,332 | +€26,420 | +0.8% |
| Current assets | 29/58 | €4,144,831 | €4,166,052 | +€21,221 | +0.5% |
| Amounts receivable after more than one year | 29 | €1,206,964 | €1,216,001 | +€9,038 | +0.7% |
| Other amounts receivable | 291 | €1,206,964 | €1,216,001 | +€9,038 | +0.7% |
| Amounts receivable within one year | 40/41 | €2,911,856 | €2,897,269 | -€14,587 | -0.5% |
| Trade receivables | 40 | €77,141 | €118,981 | +€41,840 | +54.2% |
| Other amounts receivable | 41 | €2,834,714 | €2,778,288 | -€56,426 | -2.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €20,029 | €44,619 | +€24,590 | +123% |
| Deferred charges and accrued income | 490/1 | €5,983 | €8,163 | +€2,180 | +36.4% |
| Total equity and liabilities | 10/49 | €7,397,743 | €7,445,385 | +€47,642 | +0.6% |
| Equity | 10/15 | €7,015,660 | €7,044,833 | +€29,172 | +0.4% |
| Contributions | 10/11 | €1,600,000 | €1,600,000 | = | 0.0% |
| Capital | 10 | €1,600,000 | €1,600,000 | = | 0.0% |
| Issued capital | 100 | €1,600,000 | €1,600,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,002 | €1,002 | = | 0.0% |
| Reserves | 13 | €1,309,257 | €5,443,831 | +€4.1m | +316% |
| Non-distributable reserves | 130/1 | €160,000 | €160,000 | = | 0.0% |
| Legal reserve | 130 | €160,000 | €160,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €967,987 | €933,169 | -€34,817 | -3.6% |
| Distributable reserves | 133 | €181,270 | €4,350,661 | +€4.2m | +2,300% |
| Profit (loss) carried forward | 14 | €4,105,401 | €0 | -€4.1m | -100% |
| Provisions and deferred taxes | 16 | €254,771 | €243,165 | -€11,606 | -4.6% |
| Deferred taxes | 168 | €254,771 | €243,165 | -€11,606 | -4.6% |
| Amounts payable | 17/49 | €127,311 | €157,386 | +€30,075 | +23.6% |
| Amounts payable after more than one year | 17 | €11,250 | €0 | -€11,250 | -100% |
| Financial debts | 170/4 | €11,250 | €0 | -€11,250 | -100% |
| Amounts payable within one year | 42/48 | €116,061 | €157,386 | +€41,325 | +35.6% |
| Current portion of amounts payable after more than one year | 42 | €45,000 | €11,250 | -€33,750 | -75.0% |
| Trade debts | 44 | €7,634 | €18,757 | +€11,123 | +146% |
| Suppliers | 440/4 | €7,634 | €18,757 | +€11,123 | +146% |
| Advances received on contracts in progress | 46 | €800 | €0 | -€800 | -100% |
| Taxes, remuneration and social security | 45 | €35,343 | €9,652 | -€25,691 | -72.7% |
| Taxes | 450/3 | €35,343 | €9,652 | -€25,691 | -72.7% |
| Other amounts payable | 47/48 | €27,284 | €117,727 | +€90,443 | +331% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,190 | €125,622 | +€12,432 | +11.0% |
| Other operating charges | 640/8 | €11,159 | €12,619 | +€1,460 | +13.1% |
| Gross operating margin | 9900 | €13,022 | €38,741 | +€25,719 | +198% |
| Operating profit (loss) | 9901 | -€111,326 | -€99,499 | +€11,827 | +10.6% |
| Financial income | 75/76B | €181,277 | €116,509 | -€64,767 | -35.7% |
| Recurring financial income | 75 | €181,277 | €116,509 | -€64,767 | -35.7% |
| Financial charges | 65/66B | €5,540 | €3,162 | -€2,378 | -42.9% |
| Recurring financial charges | 65 | €5,540 | €3,162 | -€2,378 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | €64,411 | €13,848 | -€50,563 | -78.5% |
| Transfer from deferred taxes | 780 | €11,606 | €11,606 | -€0 | 0.0% |
| Income taxes | 67/77 | €3,719 | -€3,719 | -€7,438 | |
| Profit (loss) for the period | 9904 | €72,297 | €29,172 | -€43,125 | -59.6% |
| Transfer from tax-exempt reserves | 789 | €34,817 | €34,817 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €107,114 | €63,990 | -€43,125 | -40.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.