PATRIMETTE: 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
PATRIMETTE
NACE 68.110, Buying and selling of own real estate
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€98,401
2024 · €71,543+€26,859
Equity
€3.1m
2024 · €3.1m+€21,601
Cash
€124,819
2024 · €126,274-€1,455
Balance sheet total
€4.3m
2024 · €4.4m-€16,155
Largest movements
Assets
- Current investments -€86,100
down €86,100 (-4.7%), from €1.8m to €1.8m
Equity and liabilities
- Tax, wage and social debts -€221,574
down €221,574 (-81.8%), from €271,007 to €49,433
- Debts after one year +€173,951
up €173,951 (+20.4%), from €851,570 to €1.0m
of which Other amounts payable: +€250,000
Income statement
- Gross operating margin +€34,137
up €34,137 (+15.9%), from €214,356 to €248,493
- Financial charges +€33,501
up €33,501 (+123%), from €27,333 to €60,834
- Depreciation -€15,795
down €15,795 (-10.4%), from €151,697 to €135,902
- Financial income +€11,619
up €11,619 (+13.4%), from €86,604 to €98,224
- Taxes +€2,809
up €2,809 (+8.8%), from €31,801 to €34,610
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
€71,543
Gross operating margin
+€34,137
Depreciation
+€15,795
Other operating charges
+€1,617
Financial income
+€11,619
Financial charges
-€33,501
Taxes
-€2,809
Result 2025
€98,401
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
-€9,800
Investment
-€90,443
Financing
+€98,789
Cash 2024
€126,274
From operations (derived)
-€9,800
Net result for the year
+€98,401
Depreciation
+€135,902
Receivables within one year
-€9,940
Deferred charges and accrued income
-€20,818
Trade debts
+€15,674
Tax, wage and social debts
-€221,574
Other debts
-€7,402
Accrued charges and deferred income
-€42
Investment (derived)
-€90,443
Investment in fixed assets (net)
-€176,543
Current investments
+€86,100
Financing
+€98,789
Debts after one year
+€173,951
Current portion of long-term debt
+€1,637
Contributions, distributions and other
-€76,800
Cash 2025
€124,819
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,351,713 | €4,335,558 | -€16,155 | -0.4% |
| Fixed assets | 21/28 | €2,003,303 | €2,043,944 | +€40,641 | +2.0% |
| Tangible fixed assets | 22/27 | €2,003,303 | €2,043,944 | +€40,641 | +2.0% |
| Land and buildings | 22 | €1,845,189 | €1,919,088 | +€73,899 | +4.0% |
| Plant, machinery and equipment | 23 | €70,610 | €54,731 | -€15,879 | -22.5% |
| Furniture and vehicles | 24 | €87,504 | €70,125 | -€17,379 | -19.9% |
| Current assets | 29/58 | €2,348,410 | €2,291,614 | -€56,796 | -2.4% |
| Amounts receivable after more than one year | 29 | €204,250 | €204,250 | = | 0.0% |
| Other amounts receivable | 291 | €204,250 | €204,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €127,964 | €137,904 | +€9,940 | +7.8% |
| Trade receivables | 40 | €35,918 | €37,848 | +€1,930 | +5.4% |
| Other amounts receivable | 41 | €92,047 | €100,056 | +€8,010 | +8.7% |
| Current investments | 50/53 | €1,842,271 | €1,756,171 | -€86,100 | -4.7% |
| Cash at bank and in hand | 54/58 | €126,274 | €124,819 | -€1,455 | -1.2% |
| Deferred charges and accrued income | 490/1 | €47,651 | €68,469 | +€20,818 | +43.7% |
| Total equity and liabilities | 10/49 | €4,351,713 | €4,335,558 | -€16,155 | -0.4% |
| Equity | 10/15 | €3,099,972 | €3,121,573 | +€21,601 | +0.7% |
| Contributions | 10/11 | €42,964 | €42,964 | = | 0.0% |
| Reserves | 13 | €2,920,678 | €2,942,279 | +€21,601 | +0.7% |
| Distributable reserves | 133 | €2,920,678 | €2,942,279 | +€21,601 | +0.7% |
| Profit (loss) carried forward | 14 | €136,330 | €136,330 | = | 0.0% |
| Amounts payable | 17/49 | €1,251,741 | €1,213,985 | -€37,756 | -3.0% |
| Amounts payable after more than one year | 17 | €851,570 | €1,025,522 | +€173,951 | +20.4% |
| Financial debts | 170/4 | €851,570 | €775,522 | -€76,049 | -8.9% |
| Other amounts payable | 178/9 | - | €250,000 | +€250,000 | |
| Amounts payable within one year | 42/48 | €385,101 | €173,436 | -€211,666 | -55.0% |
| Current portion of amounts payable after more than one year | 42 | €104,411 | €106,049 | +€1,637 | +1.6% |
| Trade debts | 44 | €1,008 | €16,681 | +€15,674 | +1,556% |
| Suppliers | 440/4 | €1,008 | €16,681 | +€15,674 | +1,556% |
| Taxes, remuneration and social security | 45 | €271,007 | €49,433 | -€221,574 | -81.8% |
| Taxes | 450/3 | €271,007 | €49,433 | -€221,574 | -81.8% |
| Other amounts payable | 47/48 | €8,675 | €1,273 | -€7,402 | -85.3% |
| Accrued charges and deferred income | 492/3 | €15,069 | €15,027 | -€42 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151,697 | €135,902 | -€15,795 | -10.4% |
| Other operating charges | 640/8 | €18,587 | €16,970 | -€1,617 | -8.7% |
| Gross operating margin | 9900 | €214,356 | €248,493 | +€34,137 | +15.9% |
| Operating profit (loss) | 9901 | €44,072 | €95,622 | +€51,549 | +117% |
| Financial income | 75/76B | €86,604 | €98,224 | +€11,619 | +13.4% |
| Recurring financial income | 75 | €86,604 | €98,224 | +€11,619 | +13.4% |
| Financial charges | 65/66B | €27,333 | €60,834 | +€33,501 | +123% |
| Recurring financial charges | 65 | €27,333 | €60,834 | +€33,501 | +123% |
| Profit (loss) for the period before taxes | 9903 | €103,344 | €133,012 | +€29,667 | +28.7% |
| Income taxes | 67/77 | €31,801 | €34,610 | +€2,809 | +8.8% |
| Profit (loss) for the period | 9904 | €71,543 | €98,401 | +€26,859 | +37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €71,543 | €98,401 | +€26,859 | +37.5% |
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 25 October 2026 via checked.be.