PATRIMONIALILON: what changed
Two fiscal 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.
PATRIMONIALILON
Largest movements
- Receivables within one year +€24,403
up €24,403 (+137.3%), from €17,779 to €42,182
of which Trade receivables: +€23,251
- Tangible fixed assets -€23,495
down €23,495 (-4.6%), from €509,945 to €486,450
of which Land and buildings: -€26,134
- Cash -€19,628
down €19,628 (-18.5%), from €106,087 to €86,459
mainly Debts after one year (-€41,304) and Receivables within one year (-€24,403)
- Debts after one year -€41,304
down €41,304 (-35.0%), from €118,141 to €76,837
- Profit (loss) carried forward +€21,411
up €21,411 (+41.7%), from -€51,288 to -€29,877
- Other operating charges -€56,643
down €56,643 (-94.3%), from €60,088 to €3,445
- Gross operating margin -€13,797
down €13,797 (-17.8%), from €77,585 to €63,788
- Financial charges -€2,071
down €2,071 (-24.3%), from €8,528 to €6,457
- Depreciation +€1,606
up €1,606 (+5.2%), from €31,017 to €32,623
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.
Cash bridge derived
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 | €635,985 | €616,805 | -€19,180 | -3.0% |
| Fixed assets | 21/28 | €509,945 | €486,450 | -€23,495 | -4.6% |
| Tangible fixed assets | 22/27 | €509,945 | €486,450 | -€23,495 | -4.6% |
| Land and buildings | 22 | €477,019 | €450,885 | -€26,134 | -5.5% |
| Plant, machinery and equipment | 23 | €18,948 | €34,531 | +€15,583 | +82.2% |
| Furniture and vehicles | 24 | €1,713 | €1,033 | -€680 | -39.7% |
| Assets under construction and advance payments | 27 | €12,264 | - | -€12,264 | |
| Current assets | 29/58 | €126,040 | €130,356 | +€4,315 | +3.4% |
| Amounts receivable within one year | 40/41 | €17,779 | €42,182 | +€24,403 | +137.3% |
| Trade receivables | 40 | €16,471 | €39,722 | +€23,251 | +141.2% |
| Other amounts receivable | 41 | €1,308 | €2,461 | +€1,153 | +88.1% |
| Cash at bank and in hand | 54/58 | €106,087 | €86,459 | -€19,628 | -18.5% |
| Deferred charges and accrued income | 490/1 | €2,174 | €1,714 | -€460 | -21.2% |
| Total equity and liabilities | 10/49 | €635,985 | €616,805 | -€19,180 | -3.0% |
| Equity | 10/15 | €448,712 | €470,123 | +€21,411 | +4.8% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,288 | -€29,877 | +€21,411 | +41.7% |
| Amounts payable | 17/49 | €187,273 | €146,683 | -€40,591 | -21.7% |
| Amounts payable after more than one year | 17 | €118,141 | €76,837 | -€41,304 | -35.0% |
| Financial debts | 170/4 | €118,141 | €76,837 | -€41,304 | -35.0% |
| Amounts payable within one year | 42/48 | €69,132 | €69,846 | +€713 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €39,514 | €41,304 | +€1,791 | +4.5% |
| Trade debts | 44 | €14,975 | €15,281 | +€305 | +2.0% |
| Suppliers | 440/4 | €14,975 | €15,281 | +€305 | +2.0% |
| Taxes, remuneration and social security | 45 | €1,025 | - | -€1,025 | |
| Taxes | 450/3 | €1,025 | - | -€1,025 | |
| Other amounts payable | 47/48 | €13,618 | €13,261 | -€357 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,017 | €32,623 | +€1,606 | +5.2% |
| Other operating charges | 640/8 | €60,088 | €3,445 | -€56,643 | -94.3% |
| Gross operating margin | 9900 | €77,585 | €63,788 | -€13,797 | -17.8% |
| Operating profit (loss) | 9901 | -€13,520 | €27,720 | +€41,240 | |
| Financial income | 75/76B | - | €148 | +€148 | |
| Recurring financial income | 75 | - | €148 | +€148 | |
| Financial charges | 65/66B | €8,528 | €6,457 | -€2,071 | -24.3% |
| Recurring financial charges | 65 | €8,528 | €6,457 | -€2,071 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | -€22,047 | €21,411 | +€43,458 | |
| Profit (loss) for the period | 9904 | -€22,047 | €21,411 | +€43,458 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,047 | €21,411 | +€43,458 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.