PATRIS: 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.
What changed
PATRIS
NACE 10.712, Artisanal bread and fresh pastry making
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1,697
2024 · -€11,116+€9,419
Equity
€137,065
2024 · €138,762-€1,697
Cash
€22,521
2024 · €19,053+€3,468
Balance sheet total
€658,992
2024 · €677,478-€18,486
Largest movements
Assets
- Stocks and contracts -€12,596
down €12,596 (-100%), from €12,596 to €0
Equity and liabilities
- Debts after one year -€14,702
down €14,702 (-3.6%), from €410,049 to €395,347
- Tax, wage and social debts +€13,213
up €13,213 (+197%), from €6,713 to €19,926
of which Taxes: +€10,446
- Provisions -€12,803
down €12,803 (-31.7%), from €40,450 to €27,647
Income statement
- Gross operating margin +€7,459
up €7,459 (+12.6%), from €59,094 to €66,553
- Depreciation -€6,719
down €6,719 (-11.0%), from €60,869 to €54,150
- Taxes +€4,027
up €4,027 (+61.9%), from €6,509 to €10,537
- Staff costs +€2,001
up €2,001 (+831%), from €241 to €2,242
- Financial charges -€1,406
down €1,406 (-16.5%), from €8,511 to €7,105
of which Non-recurring financial charges: -€1,370
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.
Result 2024
-€11,116
Gross operating margin
+€7,459
Staff costs
-€2,001
Depreciation
+€6,719
Other operating charges
-€589
Financial income
+€453
Financial charges
+€1,406
Taxes
-€4,027
Result 2025
-€1,697
raises the resultlowers the result
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.
From operations
+€69,669
Investment
-€51,208
Financing
-€14,993
Cash 2024
€19,053
From operations (derived)
+€69,669
Net result for the year
-€1,697
Depreciation
+€54,150
Stocks and contracts
+€12,596
Receivables within one year
+€6,277
Deferred charges and accrued income
+€140
Provisions
-€12,803
Trade debts
+€580
Tax, wage and social debts
+€13,213
Other debts
-€2,787
Investment (derived)
-€51,208
Investment in fixed assets (net)
-€51,208
Financing
-€14,993
Debts after one year
-€14,702
Current portion of long-term debt
-€290
Cash 2025
€22,521
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €677,478 | €658,992 | -€18,486 | -2.7% |
| Fixed assets | 21/28 | €613,600 | €610,658 | -€2,942 | -0.5% |
| Tangible fixed assets | 22/27 | €613,600 | €610,658 | -€2,942 | -0.5% |
| Land and buildings | 22 | €581,747 | €580,682 | -€1,065 | -0.2% |
| Plant, machinery and equipment | 23 | €21,900 | €7,892 | -€14,008 | -64.0% |
| Furniture and vehicles | 24 | €9,952 | €22,085 | +€12,132 | +122% |
| Current assets | 29/58 | €63,878 | €48,334 | -€15,545 | -24.3% |
| Stocks and contracts in progress | 3 | €12,596 | €0 | -€12,596 | -100% |
| Stocks | 30/36 | €12,596 | €0 | -€12,596 | -100% |
| Amounts receivable within one year | 40/41 | €27,951 | €21,674 | -€6,277 | -22.5% |
| Trade receivables | 40 | €23,639 | €19,178 | -€4,462 | -18.9% |
| Other amounts receivable | 41 | €4,312 | €2,497 | -€1,815 | -42.1% |
| Cash at bank and in hand | 54/58 | €19,053 | €22,521 | +€3,468 | +18.2% |
| Deferred charges and accrued income | 490/1 | €4,278 | €4,139 | -€140 | -3.3% |
| Total equity and liabilities | 10/49 | €677,478 | €658,992 | -€18,486 | -2.7% |
| Equity | 10/15 | €138,762 | €137,065 | -€1,697 | -1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €120,162 | €118,465 | -€1,697 | -1.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €63,446 | €38,582 | -€24,864 | -39.2% |
| Distributable reserves | 133 | €54,856 | €78,023 | +€23,167 | +42.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €40,450 | €27,647 | -€12,803 | -31.7% |
| Deferred taxes | 168 | €40,450 | €27,647 | -€12,803 | -31.7% |
| Amounts payable | 17/49 | €498,266 | €494,280 | -€3,986 | -0.8% |
| Amounts payable after more than one year | 17 | €410,049 | €395,347 | -€14,702 | -3.6% |
| Financial debts | 170/4 | €410,049 | €395,347 | -€14,702 | -3.6% |
| Amounts payable within one year | 42/48 | €88,217 | €98,933 | +€10,716 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €46,794 | €46,504 | -€290 | -0.6% |
| Trade debts | 44 | €16,975 | €17,555 | +€580 | +3.4% |
| Suppliers | 440/4 | €16,975 | €17,555 | +€580 | +3.4% |
| Taxes, remuneration and social security | 45 | €6,713 | €19,926 | +€13,213 | +197% |
| Taxes | 450/3 | €6,713 | €17,159 | +€10,446 | +156% |
| Remuneration and social security | 454/9 | €0 | €2,768 | +€2,768 | |
| Other amounts payable | 47/48 | €17,735 | €14,948 | -€2,787 | -15.7% |
| Non-recurring operating income | 76A | €1,256 | €27,919 | +€26,662 | +2,123% |
| Remuneration, social security and pensions | 62 | €241 | €2,242 | +€2,001 | +831% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,869 | €54,150 | -€6,719 | -11.0% |
| Other operating charges | 640/8 | €7,035 | €7,624 | +€589 | +8.4% |
| Gross operating margin | 9900 | €59,094 | €66,553 | +€7,459 | +12.6% |
| Operating profit (loss) | 9901 | -€9,050 | €2,537 | +€11,588 | |
| Financial income | 75/76B | €152 | €605 | +€453 | +298% |
| Recurring financial income | 75 | €152 | €605 | +€453 | +298% |
| Financial charges | 65/66B | €8,511 | €7,105 | -€1,406 | -16.5% |
| Recurring financial charges | 65 | €7,141 | €7,105 | -€36 | -0.5% |
| Non-recurring financial charges | 66B | €1,370 | €0 | -€1,370 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€17,409 | -€3,963 | +€13,446 | +77.2% |
| Transfer from deferred taxes | 780 | €12,803 | €12,803 | = | 0.0% |
| Income taxes | 67/77 | €6,509 | €10,537 | +€4,027 | +61.9% |
| Profit (loss) for the period | 9904 | -€11,116 | -€1,697 | +€9,419 | +84.7% |
| Transfer from tax-exempt reserves | 789 | €24,864 | €24,864 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,748 | €23,167 | +€9,419 | +68.5% |
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 20 October 2026 via checked.be.