Patrimoine Thomas: 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.
Patrimoine Thomas
Largest movements
- Receivables within one year +€49,242
up €49,242 (+17.3%), from €284,593 to €333,835
- Other debts +€157,971
up €157,971 (+249%), from €63,556 to €221,527
- Accrued charges and deferred income -€104,137
no longer reported in 2025 (was €104,137)
- Debts after one year -€47,735
down €47,735 (-7.9%), from €603,543 to €555,809
- Profit (loss) carried forward +€30,962
up €30,962 (+20.8%), from -€148,603 to -€117,641
- Gross operating margin +€44,515
up €44,515 (+50.5%), from €88,190 to €132,705
- Depreciation +€40,069
up €40,069 (+135%), from €29,674 to €69,743
- Financial charges +€21,622
up €21,622 (+61.7%), from €35,019 to €56,641
- Financial income +€6,579
up €6,579 (+32.4%), from €20,292 to €26,871
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,714,637 | €1,763,735 | +€49,099 | +2.9% |
| Fixed assets | 21/28 | €1,401,797 | €1,390,454 | -€11,343 | -0.8% |
| Tangible fixed assets | 22/27 | €1,207,726 | €1,196,383 | -€11,343 | -0.9% |
| Land and buildings | 22 | €1,205,669 | €1,194,586 | -€11,083 | -0.9% |
| Other tangible fixed assets | 26 | €2,057 | €1,797 | -€260 | -12.6% |
| Financial fixed assets | 28 | €194,071 | €194,071 | = | 0.0% |
| Current assets | 29/58 | €312,840 | €373,281 | +€60,442 | +19.3% |
| Amounts receivable within one year | 40/41 | €284,593 | €333,835 | +€49,242 | +17.3% |
| Other amounts receivable | 41 | €284,593 | €333,835 | +€49,242 | +17.3% |
| Cash at bank and in hand | 54/58 | €28,247 | €39,446 | +€11,200 | +39.6% |
| Total equity and liabilities | 10/49 | €1,714,637 | €1,763,735 | +€49,099 | +2.9% |
| Equity | 10/15 | €346,944 | €377,906 | +€30,962 | +8.9% |
| Contributions | 10/11 | €425,000 | €425,000 | = | 0.0% |
| Reserves | 13 | €70,547 | €70,547 | = | 0.0% |
| Tax-exempt reserves | 132 | €66,547 | €66,547 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€148,603 | -€117,641 | +€30,962 | +20.8% |
| Provisions and deferred taxes | 16 | €550,000 | €547,802 | -€2,198 | -0.4% |
| Provisions for liabilities and charges | 160/5 | €550,000 | €547,802 | -€2,198 | -0.4% |
| Other liabilities and charges | 164/5 | €550,000 | €547,802 | -€2,198 | -0.4% |
| Amounts payable | 17/49 | €817,693 | €838,027 | +€20,334 | +2.5% |
| Amounts payable after more than one year | 17 | €603,543 | €555,809 | -€47,735 | -7.9% |
| Financial debts | 170/4 | €603,543 | €555,809 | -€47,735 | -7.9% |
| Amounts payable within one year | 42/48 | €110,013 | €282,219 | +€172,206 | +157% |
| Current portion of amounts payable after more than one year | 42 | €46,457 | €47,735 | +€1,278 | +2.8% |
| Trade debts | 44 | - | €413 | +€413 | |
| Suppliers | 440/4 | - | €413 | +€413 | |
| Taxes, remuneration and social security | 45 | - | €12,544 | +€12,544 | |
| Taxes | 450/3 | - | €12,544 | +€12,544 | |
| Other amounts payable | 47/48 | €63,556 | €221,527 | +€157,971 | +249% |
| Accrued charges and deferred income | 492/3 | €104,137 | - | -€104,137 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,674 | €69,743 | +€40,069 | +135% |
| Other operating charges | 640/8 | €2,928 | €2,230 | -€698 | -23.8% |
| Gross operating margin | 9900 | €88,190 | €132,705 | +€44,515 | +50.5% |
| Operating profit (loss) | 9901 | €55,588 | €60,732 | +€5,144 | +9.3% |
| Financial income | 75/76B | €20,292 | €26,871 | +€6,579 | +32.4% |
| Recurring financial income | 75 | €20,292 | €26,871 | +€6,579 | +32.4% |
| Financial charges | 65/66B | €35,019 | €56,641 | +€21,622 | +61.7% |
| Recurring financial charges | 65 | €35,019 | €56,641 | +€21,622 | +61.7% |
| Profit (loss) for the period before taxes | 9903 | €40,861 | €30,962 | -€9,899 | -24.2% |
| Profit (loss) for the period | 9904 | €40,861 | €30,962 | -€9,899 | -24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,861 | €30,962 | -€9,899 | -24.2% |
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.