PATRINVEST: 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.
PATRINVEST
Largest movements
- Tangible fixed assets -€37,623
down €37,623 (-3.2%), from €1.2m to €1.1m
- Cash +€25,423
up €25,423 (+407%), from €6,242 to €31,665
mainly Depreciation (+€37,623) and Net result for the year (+€17,411)
- Current investments +€25,000
up €25,000 (+5.3%), from €475,000 to €500,000
- Reserves +€17,411
up €17,411 (+2.8%), from €627,795 to €645,206
of which Distributable reserves: +€28,308
- Other operating charges -€14,104
down €14,104 (-29.9%), from €47,209 to €33,105
- Financial income -€9,509
down €9,509 (-50.2%), from €18,959 to €9,451
- Gross operating margin -€6,525
down €6,525 (-7.1%), from €92,179 to €85,654
- Financial charges -€2,673
down €2,673 (-88.9%), from €3,005 to €333
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 | €1,684,160 | €1,697,914 | +€13,754 | +0.8% |
| Fixed assets | 21/28 | €1,164,026 | €1,126,403 | -€37,623 | -3.2% |
| Tangible fixed assets | 22/27 | €1,163,532 | €1,125,909 | -€37,623 | -3.2% |
| Land and buildings | 22 | €1,163,532 | €1,125,909 | -€37,623 | -3.2% |
| Financial fixed assets | 28 | €494 | €494 | = | 0.0% |
| Current assets | 29/58 | €520,133 | €571,511 | +€51,377 | +9.9% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Trade receivables | 290 | €0 | €10,000 | +€10,000 | |
| Other amounts receivable | 291 | €10,000 | - | -€10,000 | |
| Amounts receivable within one year | 40/41 | €28,891 | €29,846 | +€955 | +3.3% |
| Other amounts receivable | 41 | €28,891 | €29,846 | +€955 | +3.3% |
| Current investments | 50/53 | €475,000 | €500,000 | +€25,000 | +5.3% |
| Cash at bank and in hand | 54/58 | €6,242 | €31,665 | +€25,423 | +407% |
| Total equity and liabilities | 10/49 | €1,684,160 | €1,697,914 | +€13,754 | +0.8% |
| Equity | 10/15 | €1,557,265 | €1,574,676 | +€17,411 | +1.1% |
| Contributions | 10/11 | €929,470 | €929,470 | = | 0.0% |
| Reserves | 13 | €627,795 | €645,206 | +€17,411 | +2.8% |
| Tax-exempt reserves | 132 | €254,193 | €243,296 | -€10,897 | -4.3% |
| Distributable reserves | 133 | €373,602 | €401,910 | +€28,308 | +7.6% |
| Provisions and deferred taxes | 16 | €122,645 | €117,388 | -€5,258 | -4.3% |
| Deferred taxes | 168 | €122,645 | €117,388 | -€5,258 | -4.3% |
| Amounts payable | 17/49 | €4,250 | €5,851 | +€1,601 | +37.7% |
| Amounts payable within one year | 42/48 | €4,250 | €5,851 | +€1,601 | +37.7% |
| Trade debts | 44 | €1,174 | €5,851 | +€4,677 | +399% |
| Suppliers | 440/4 | €1,174 | €5,851 | +€4,677 | +399% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,076 | - | -€3,076 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,018 | €37,623 | +€605 | +1.6% |
| Other operating charges | 640/8 | €47,209 | €33,105 | -€14,104 | -29.9% |
| Gross operating margin | 9900 | €92,179 | €85,654 | -€6,525 | -7.1% |
| Operating profit (loss) | 9901 | €7,952 | €14,926 | +€6,973 | +87.7% |
| Financial income | 75/76B | €18,959 | €9,451 | -€9,509 | -50.2% |
| Recurring financial income | 75 | €18,959 | €9,451 | -€9,509 | -50.2% |
| Financial charges | 65/66B | €3,005 | €333 | -€2,673 | -88.9% |
| Recurring financial charges | 65 | €3,005 | €333 | -€2,673 | -88.9% |
| Profit (loss) for the period before taxes | 9903 | €23,907 | €24,044 | +€137 | +0.6% |
| Transfer from deferred taxes | 780 | €5,258 | €5,258 | = | 0.0% |
| Income taxes | 67/77 | €11,662 | €11,891 | +€229 | +2.0% |
| Profit (loss) for the period | 9904 | €17,502 | €17,411 | -€91 | -0.5% |
| Transfer from tax-exempt reserves | 789 | €10,897 | €10,897 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,399 | €28,308 | -€91 | -0.3% |
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 18 October 2026 via checked.be.