PATRIS: 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.
PATRIS
Largest movements
- Cash +€35,011
up €35,011 (+361.0%), from €9,697 to €44,708
mainly Depreciation (+€67,701) and Trade debts (+€36,950)
- Tangible fixed assets +€30,463
up €30,463 (+7.4%), from €413,769 to €444,231
of which Plant, machinery and equipment: +€17,188
- Receivables within one year +€17,369
up €17,369 (+1239.7%), from €1,401 to €18,770
of which Other amounts receivable: +€15,598
- Trade debts +€36,950
up €36,950 (+121.1%), from €30,523 to €67,473
- Reserves +€28,839
up €28,839 (+11.5%), from €250,293 to €279,131
of which Distributable reserves: +€28,839
- Tax, wage and social debts +€21,870
up €21,870 (+35.7%), from €61,278 to €83,148
of which Taxes: +€17,331
- Other debts +€20,526
up €20,526 (+60.1%), from €34,125 to €54,650
- Debts after one year -€12,923
down €12,923 (-27.4%), from €47,105 to €34,182
- Staff costs -€46,811
down €46,811 (-9.6%), from €486,387 to €439,576
- Depreciation +€13,368
up €13,368 (+24.6%), from €54,334 to €67,701
- Gross operating margin +€13,105
up €13,105 (+2.4%), from €546,504 to €559,609
- Financial charges +€12,531
up €12,531 (+346.8%), from €3,613 to €16,144
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €457,187 | €546,630 | +€89,442 | +19.6% |
| Fixed assets | 21/28 | €422,469 | €452,931 | +€30,463 | +7.2% |
| Tangible fixed assets | 22/27 | €413,769 | €444,231 | +€30,463 | +7.4% |
| Land and buildings | 22 | €334,030 | €346,063 | +€12,033 | +3.6% |
| Plant, machinery and equipment | 23 | €44,446 | €61,634 | +€17,188 | +38.7% |
| Furniture and vehicles | 24 | €29,126 | €31,069 | +€1,943 | +6.7% |
| Other tangible fixed assets | 26 | €6,167 | €5,465 | -€702 | -11.4% |
| Financial fixed assets | 28 | €8,700 | €8,700 | = | 0.0% |
| Current assets | 29/58 | €34,719 | €93,699 | +€58,980 | +169.9% |
| Stocks and contracts in progress | 3 | €8,528 | €13,569 | +€5,040 | +59.1% |
| Stocks | 30/36 | €8,528 | €13,569 | +€5,040 | +59.1% |
| Amounts receivable within one year | 40/41 | €1,401 | €18,770 | +€17,369 | +1239.7% |
| Trade receivables | 40 | - | €1,772 | +€1,772 | |
| Other amounts receivable | 41 | €1,401 | €16,999 | +€15,598 | +1113.2% |
| Cash at bank and in hand | 54/58 | €9,697 | €44,708 | +€35,011 | +361.0% |
| Deferred charges and accrued income | 490/1 | €15,093 | €16,652 | +€1,560 | +10.3% |
| Total equity and liabilities | 10/49 | €457,187 | €546,630 | +€89,442 | +19.6% |
| Equity | 10/15 | €265,414 | €294,253 | +€28,839 | +10.9% |
| Contributions | 10/11 | €15,122 | €15,122 | = | 0.0% |
| Capital | 10 | €15,122 | €15,122 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €3,471 | €3,471 | = | 0.0% |
| Reserves | 13 | €250,293 | €279,131 | +€28,839 | +11.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €248,433 | €277,272 | +€28,839 | +11.6% |
| Amounts payable | 17/49 | €191,773 | €252,377 | +€60,604 | +31.6% |
| Amounts payable after more than one year | 17 | €47,105 | €34,182 | -€12,923 | -27.4% |
| Financial debts | 170/4 | €47,105 | €34,182 | -€12,923 | -27.4% |
| Amounts payable within one year | 42/48 | €144,668 | €218,195 | +€73,527 | +50.8% |
| Current portion of amounts payable after more than one year | 42 | €18,742 | €12,923 | -€5,819 | -31.0% |
| Trade debts | 44 | €30,523 | €67,473 | +€36,950 | +121.1% |
| Suppliers | 440/4 | €30,523 | €67,473 | +€36,950 | +121.1% |
| Taxes, remuneration and social security | 45 | €61,278 | €83,148 | +€21,870 | +35.7% |
| Taxes | 450/3 | €21,939 | €39,270 | +€17,331 | +79.0% |
| Remuneration and social security | 454/9 | €39,339 | €43,878 | +€4,539 | +11.5% |
| Other amounts payable | 47/48 | €34,125 | €54,650 | +€20,526 | +60.1% |
| Remuneration, social security and pensions | 62 | €486,387 | €439,576 | -€46,811 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,334 | €67,701 | +€13,368 | +24.6% |
| Other operating charges | 640/8 | €7,085 | €6,788 | -€297 | -4.2% |
| Gross operating margin | 9900 | €546,504 | €559,609 | +€13,105 | +2.4% |
| Operating profit (loss) | 9901 | -€1,302 | €45,543 | +€46,845 | |
| Financial income | 75/76B | €1 | €7 | +€6 | +430.5% |
| Recurring financial income | 75 | €1 | €7 | +€6 | +430.5% |
| Financial charges | 65/66B | €3,613 | €16,144 | +€12,531 | +346.8% |
| Recurring financial charges | 65 | €3,613 | €16,144 | +€12,531 | +346.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,913 | €29,406 | +€34,320 | |
| Income taxes | 67/77 | - | €568 | +€568 | |
| Profit (loss) for the period | 9904 | -€4,913 | €28,839 | +€33,752 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,913 | €28,839 | +€33,752 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.