PATRIMUNT: 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.
PATRIMUNT
Largest movements
- Cash -€81,760
down €81,760 (-35.4%), from €230,703 to €148,943
mainly Other debts (-€72,017) and Debts after one year (-€15,635)
- Tangible fixed assets -€17,676
down €17,676 (-4.2%), from €424,972 to €407,296
of which Plant, machinery and equipment: -€9,432
- Other debts -€72,017
down €72,017 (-31.6%), from €228,006 to €155,989
- Debts after one year -€15,635
down €15,635 (-35.9%), from €43,524 to €27,889
of which Financial debts: -€15,635
- Trade debts -€13,482
down €13,482 (-80.7%), from €16,702 to €3,220
- Gross operating margin +€9,534
up €9,534 (+26.3%), from €36,318 to €45,852
- Financial charges -€7,171
down €7,171 (-33.4%), from €21,492 to €14,321
- Taxes +€3,720
up €3,720 (+927%), from €401 to €4,121
- Other operating charges -€936
down €936 (-15.2%), from €6,172 to €5,235
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 | €661,482 | €558,831 | -€102,651 | -15.5% |
| Fixed assets | 21/28 | €425,162 | €407,486 | -€17,676 | -4.2% |
| Tangible fixed assets | 22/27 | €424,972 | €407,296 | -€17,676 | -4.2% |
| Land and buildings | 22 | €248,381 | €240,137 | -€8,244 | -3.3% |
| Plant, machinery and equipment | 23 | €176,591 | €167,159 | -€9,432 | -5.3% |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €236,320 | €151,345 | -€84,975 | -36.0% |
| Amounts receivable within one year | 40/41 | €3,614 | €523 | -€3,091 | -85.5% |
| Trade receivables | 40 | €3,308 | €0 | -€3,308 | -100% |
| Other amounts receivable | 41 | €306 | €523 | +€217 | +71.0% |
| Cash at bank and in hand | 54/58 | €230,703 | €148,943 | -€81,760 | -35.4% |
| Deferred charges and accrued income | 490/1 | €2,003 | €1,879 | -€124 | -6.2% |
| Total equity and liabilities | 10/49 | €661,482 | €558,831 | -€102,651 | -15.5% |
| Equity | 10/15 | €347,180 | €351,680 | +€4,500 | +1.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €46,497 | €50,997 | +€4,500 | +9.7% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €26,497 | €30,997 | +€4,500 | +17.0% |
| Profit (loss) carried forward | 14 | €100,682 | €100,682 | = | 0.0% |
| Amounts payable | 17/49 | €314,302 | €207,152 | -€107,150 | -34.1% |
| Amounts payable after more than one year | 17 | €43,524 | €27,889 | -€15,635 | -35.9% |
| Financial debts | 170/4 | €22,274 | €6,639 | -€15,635 | -70.2% |
| Other amounts payable | 178/9 | €21,250 | €21,250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €270,757 | €179,263 | -€91,494 | -33.8% |
| Current portion of amounts payable after more than one year | 42 | €19,849 | €15,635 | -€4,214 | -21.2% |
| Trade debts | 44 | €16,702 | €3,220 | -€13,482 | -80.7% |
| Suppliers | 440/4 | €16,702 | €3,220 | -€13,482 | -80.7% |
| Taxes, remuneration and social security | 45 | €6,200 | €4,419 | -€1,781 | -28.7% |
| Taxes | 450/3 | €6,200 | €4,419 | -€1,781 | -28.7% |
| Other amounts payable | 47/48 | €228,006 | €155,989 | -€72,017 | -31.6% |
| Accrued charges and deferred income | 492/3 | €22 | €0 | -€22 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,516 | €17,676 | +€160 | +0.9% |
| Other operating charges | 640/8 | €6,172 | €5,235 | -€936 | -15.2% |
| Gross operating margin | 9900 | €36,318 | €45,852 | +€9,534 | +26.3% |
| Operating profit (loss) | 9901 | €12,631 | €22,942 | +€10,310 | +81.6% |
| Financial charges | 65/66B | €21,492 | €14,321 | -€7,171 | -33.4% |
| Recurring financial charges | 65 | €21,492 | €14,321 | -€7,171 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,860 | €8,621 | +€17,481 | |
| Income taxes | 67/77 | €401 | €4,121 | +€3,720 | +927% |
| Profit (loss) for the period | 9904 | -€9,262 | €4,500 | +€13,761 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,262 | €4,500 | +€13,761 |
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 22 October 2026 via checked.be.