PATRIOS: 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.
PATRIOS
Largest movements
- Cash -€101,634
down €101,634 (-72.2%), from €140,832 to €39,198
mainly Other debts (-€77,177) and Net result for the year (-€13,167)
- Tangible fixed assets -€8,585
down €8,585 (-3.9%), from €222,908 to €214,323
of which Land and buildings: -€4,627
- Other debts -€77,177
down €77,177 (-99.6%), from €77,491 to €314
- Profit (loss) carried forward -€13,167
new in 2025: -€13,167
- Debts after one year -€10,792
down €10,792 (-27.0%), from €39,938 to €29,146
- Tax, wage and social debts -€8,534
down €8,534 (-94.9%), from €8,991 to €457
of which Taxes: -€8,684
- Trade debts -€4,205
down €4,205 (-85.2%), from €4,934 to €729
- Gross operating margin -€20,539
down €20,539 (-75.1%), from €27,331 to €6,792
- Taxes -€3,758
down €3,758 (-96.3%), from €3,904 to €146
- Depreciation +€1,126
up €1,126 (+6.8%), from €16,624 to €17,750
- Financial charges -€744
down €744 (-25.0%), from €2,972 to €2,228
- Financial income -€310
down €310 (-35.5%), from €875 to €565
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 | €369,782 | €256,372 | -€113,411 | -30.7% |
| Fixed assets | 21/28 | €222,908 | €214,323 | -€8,585 | -3.9% |
| Tangible fixed assets | 22/27 | €222,908 | €214,323 | -€8,585 | -3.9% |
| Land and buildings | 22 | €140,824 | €136,197 | -€4,627 | -3.3% |
| Furniture and vehicles | 24 | €82,084 | €78,126 | -€3,958 | -4.8% |
| Current assets | 29/58 | €146,874 | €42,049 | -€104,825 | -71.4% |
| Amounts receivable within one year | 40/41 | €2,338 | €1,111 | -€1,227 | -52.5% |
| Trade receivables | 40 | - | €300 | +€300 | |
| Other amounts receivable | 41 | €2,338 | €811 | -€1,527 | -65.3% |
| Cash at bank and in hand | 54/58 | €140,832 | €39,198 | -€101,634 | -72.2% |
| Deferred charges and accrued income | 490/1 | €3,704 | €1,740 | -€1,964 | -53.0% |
| Total equity and liabilities | 10/49 | €369,782 | €256,372 | -€113,411 | -30.7% |
| Equity | 10/15 | €228,101 | €214,934 | -€13,167 | -5.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €221,901 | €221,901 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,059 | €9,059 | = | 0.0% |
| Distributable reserves | 133 | €212,841 | €212,841 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€13,167 | -€13,167 | |
| Amounts payable | 17/49 | €141,682 | €41,438 | -€100,244 | -70.8% |
| Amounts payable after more than one year | 17 | €39,938 | €29,146 | -€10,792 | -27.0% |
| Financial debts | 170/4 | €39,938 | €29,146 | -€10,792 | -27.0% |
| Amounts payable within one year | 42/48 | €101,744 | €12,292 | -€89,452 | -87.9% |
| Current portion of amounts payable after more than one year | 42 | €10,328 | €10,792 | +€464 | +4.5% |
| Trade debts | 44 | €4,934 | €729 | -€4,205 | -85.2% |
| Suppliers | 440/4 | €4,934 | €729 | -€4,205 | -85.2% |
| Taxes, remuneration and social security | 45 | €8,991 | €457 | -€8,534 | -94.9% |
| Taxes | 450/3 | €8,991 | €307 | -€8,684 | -96.6% |
| Remuneration and social security | 454/9 | - | €150 | +€150 | |
| Other amounts payable | 47/48 | €77,491 | €314 | -€77,177 | -99.6% |
| Non-recurring operating income | 76A | €17,000 | - | -€17,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,624 | €17,750 | +€1,126 | +6.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €27,331 | €6,792 | -€20,539 | -75.1% |
| Operating profit (loss) | 9901 | €10,320 | -€11,357 | -€21,677 | |
| Financial income | 75/76B | €875 | €565 | -€310 | -35.5% |
| Recurring financial income | 75 | €875 | €565 | -€310 | -35.5% |
| Financial charges | 65/66B | €2,972 | €2,228 | -€744 | -25.0% |
| Recurring financial charges | 65 | €2,972 | €2,228 | -€744 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €8,222 | -€13,021 | -€21,243 | |
| Income taxes | 67/77 | €3,904 | €146 | -€3,758 | -96.3% |
| Profit (loss) for the period | 9904 | €4,318 | -€13,167 | -€17,485 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,318 | -€13,167 | -€17,485 |
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 8 October 2026 via checked.be.