PATRIMMO VC: what changed
PATRIMMO VC
Largest movements
- Tangible fixed assets +€520,387
up €520,387 (+178%), from €292,903 to €813,290
of which Land and buildings: +€515,104
- Cash +€16,796
up €16,796 (+5,917%), from €284 to €17,079
mainly Debts after one year (+€425,833) and Other debts (+€99,888)
- Receivables within one year +€8,853
up €8,853 (+420%), from €2,108 to €10,961
of which Trade receivables: +€10,930
- Debts after one year +€425,833
new in 2025: €425,833
- Other debts +€99,888
up €99,888 (+89.8%), from €111,203 to €211,091
- Profit (loss) carried forward -€35,519
down €35,519 (-320%), from -€11,113 to -€46,631
- Trade debts +€24,404
up €24,404 (+25.6%), from €95,361 to €119,765
- Current portion of long-term debt +€23,333
new in 2025: €23,333
- Depreciation +€18,337
new in 2025: €18,337
- Financial charges +€9,612
up €9,612 (+21,417%), from €45 to €9,657
- Gross operating margin +€6,721
up €6,721 (+67.9%), from -€9,898 to -€3,177
- Other operating charges +€4,114
up €4,114 (+349%), from €1,178 to €5,292
- Financial income +€936
up €936 (+11,307%), from €8 to €945
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €295,452 | €842,381 | +€546,929 | +185% |
| Fixed assets | 21/28 | €292,903 | €813,290 | +€520,387 | +178% |
| Tangible fixed assets | 22/27 | €292,903 | €813,290 | +€520,387 | +178% |
| Land and buildings | 22 | €292,903 | €808,007 | +€515,104 | +176% |
| Plant, machinery and equipment | 23 | - | €5,283 | +€5,283 | |
| Current assets | 29/58 | €2,549 | €29,091 | +€26,542 | +1,041% |
| Amounts receivable within one year | 40/41 | €2,108 | €10,961 | +€8,853 | +420% |
| Trade receivables | 40 | - | €10,930 | +€10,930 | |
| Other amounts receivable | 41 | €2,108 | €31 | -€2,077 | -98.5% |
| Cash at bank and in hand | 54/58 | €284 | €17,079 | +€16,796 | +5,917% |
| Deferred charges and accrued income | 490/1 | €157 | €1,050 | +€893 | +568% |
| Total equity and liabilities | 10/49 | €295,452 | €842,381 | +€546,929 | +185% |
| Equity | 10/15 | €88,887 | €53,369 | -€35,519 | -40.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,113 | -€46,631 | -€35,519 | -320% |
| Amounts payable | 17/49 | €206,565 | €789,012 | +€582,447 | +282% |
| Amounts payable after more than one year | 17 | - | €425,833 | +€425,833 | |
| Financial debts | 170/4 | - | €425,833 | +€425,833 | |
| Amounts payable within one year | 42/48 | €206,565 | €354,190 | +€147,625 | +71.5% |
| Current portion of amounts payable after more than one year | 42 | - | €23,333 | +€23,333 | |
| Trade debts | 44 | €95,361 | €119,765 | +€24,404 | +25.6% |
| Suppliers | 440/4 | €95,361 | €119,765 | +€24,404 | +25.6% |
| Other amounts payable | 47/48 | €111,203 | €211,091 | +€99,888 | +89.8% |
| Accrued charges and deferred income | 492/3 | - | €8,989 | +€8,989 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €18,337 | +€18,337 | |
| Other operating charges | 640/8 | €1,178 | €5,292 | +€4,114 | +349% |
| Gross operating margin | 9900 | -€9,898 | -€3,177 | +€6,721 | +67.9% |
| Operating profit (loss) | 9901 | -€11,076 | -€26,806 | -€15,730 | -142% |
| Financial income | 75/76B | €8 | €945 | +€936 | +11,307% |
| Recurring financial income | 75 | €8 | €945 | +€936 | +11,307% |
| Financial charges | 65/66B | €45 | €9,657 | +€9,612 | +21,417% |
| Recurring financial charges | 65 | €45 | €9,657 | +€9,612 | +21,417% |
| Profit (loss) for the period before taxes | 9903 | -€11,113 | -€35,519 | -€24,406 | -220% |
| Profit (loss) for the period | 9904 | -€11,113 | -€35,519 | -€24,406 | -220% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,113 | -€35,519 | -€24,406 | -220% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.