PATRIMONIALE GROUP: 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.
PATRIMONIALE GROUP
Largest movements
- Financial fixed assets +€1.7m
new in 2025: €1.7m
- Stocks and contracts -€1.4m
down €1.4m (-71.6%), from €1.9m to €546,452
- Cash +€254,344
up €254,344 (+127%), from €200,672 to €455,017
mainly Stocks and contracts (+€1.4m) and Short-term financial debts (+€1.2m)
- Receivables within one year -€91,610
down €91,610 (-49.5%), from €185,248 to €93,638
of which Trade receivables: -€99,987
- Deferred charges and accrued income +€38,069
new in 2025: €38,069
- Short-term financial debts +€1.2m
up €1.2m (+659%), from €186,184 to €1.4m
- Trade debts -€1.0m
down €1.0m (-87.6%), from €1.2m to €145,799
- Other debts +€433,028
up €433,028 (+57.6%), from €752,051 to €1.2m
- Profit (loss) carried forward -€131,345
down €131,345 (-61.7%), from -€212,849 to -€344,193
- Gross operating margin -€128,921
down €128,921, from €101,404 to -€27,517
- Financial charges +€35,139
up €35,139 (+60.8%), from €57,771 to €92,910
- Taxes -€10,171
down €10,171 (-93.1%), from €10,925 to €754
- Other operating charges +€8,689
up €8,689 (+1,541%), from €564 to €9,253
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 | €2,313,788 | €2,786,191 | +€472,402 | +20.4% |
| Fixed assets | 21/28 | €3,961 | €1,653,014 | +€1.6m | +41,636% |
| Intangible fixed assets | 21 | €3,961 | €3,014 | -€946 | -23.9% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | - | €1,650,000 | +€1.7m | |
| Current assets | 29/58 | €2,309,828 | €1,133,176 | -€1.2m | -50.9% |
| Stocks and contracts in progress | 3 | €1,923,907 | €546,452 | -€1.4m | -71.6% |
| Stocks | 30/36 | €1,923,907 | €546,452 | -€1.4m | -71.6% |
| Amounts receivable within one year | 40/41 | €185,248 | €93,638 | -€91,610 | -49.5% |
| Trade receivables | 40 | €112,586 | €12,599 | -€99,987 | -88.8% |
| Other amounts receivable | 41 | €72,662 | €81,039 | +€8,377 | +11.5% |
| Cash at bank and in hand | 54/58 | €200,672 | €455,017 | +€254,344 | +127% |
| Deferred charges and accrued income | 490/1 | - | €38,069 | +€38,069 | |
| Total equity and liabilities | 10/49 | €2,313,788 | €2,786,191 | +€472,402 | +20.4% |
| Equity | 10/15 | €172,644 | €41,299 | -€131,345 | -76.1% |
| Contributions | 10/11 | €379,295 | €379,295 | = | 0.0% |
| Capital | 10 | €379,295 | €379,295 | = | 0.0% |
| Issued capital | 100 | €379,295 | €379,295 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€212,849 | -€344,193 | -€131,345 | -61.7% |
| Amounts payable | 17/49 | €2,141,144 | €2,744,891 | +€603,747 | +28.2% |
| Amounts payable within one year | 42/48 | €2,138,186 | €2,744,877 | +€606,691 | +28.4% |
| Financial debts | 43 | €186,184 | €1,414,000 | +€1.2m | +659% |
| Credit institutions | 430/8 | €186,184 | €1,414,000 | +€1.2m | +659% |
| Trade debts | 44 | €1,172,658 | €145,799 | -€1.0m | -87.6% |
| Suppliers | 440/4 | €1,172,658 | €145,799 | -€1.0m | -87.6% |
| Taxes, remuneration and social security | 45 | €27,294 | €0 | -€27,294 | -100% |
| Taxes | 450/3 | €27,294 | €0 | -€27,294 | -100% |
| Other amounts payable | 47/48 | €752,051 | €1,185,079 | +€433,028 | +57.6% |
| Accrued charges and deferred income | 492/3 | €2,958 | €14 | -€2,944 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €770 | €946 | +€176 | +22.8% |
| Other operating charges | 640/8 | €564 | €9,253 | +€8,689 | +1,541% |
| Gross operating margin | 9900 | €101,404 | -€27,517 | -€128,921 | |
| Operating profit (loss) | 9901 | €100,070 | -€37,715 | -€137,786 | |
| Financial income | 75/76B | - | €35 | +€35 | |
| Recurring financial income | 75 | - | €35 | +€35 | |
| Financial charges | 65/66B | €57,771 | €92,910 | +€35,139 | +60.8% |
| Recurring financial charges | 65 | €57,771 | €92,910 | +€35,139 | +60.8% |
| Profit (loss) for the period before taxes | 9903 | €42,299 | -€130,590 | -€172,889 | |
| Income taxes | 67/77 | €10,925 | €754 | -€10,171 | -93.1% |
| Profit (loss) for the period | 9904 | €31,374 | -€131,345 | -€162,718 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,374 | -€131,345 | -€162,718 |
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 27 October 2026 via checked.be.