Patrium: 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.
Patrium
Largest movements
- Tangible fixed assets -€363,734
down €363,734 (-22.9%), from €1.6m to €1.2m
of which Land and buildings: -€248,514
- Cash -€34,862
down €34,862 (-77.2%), from €45,160 to €10,298
mainly Current portion of long-term debt (-€192,857) and Debts after one year (-€120,000)
- Current portion of long-term debt -€192,857
no longer reported in 2025 (was €192,857)
- Debts after one year -€120,000
down €120,000 (-9.7%), from €1.2m to €1.1m
- Trade debts -€83,927
down €83,927 (-40.2%), from €208,825 to €124,898
- Turnover +€14,266
up €14,266 (+3.2%), from €439,267 to €453,533
- Gross operating margin +€10,983
up €10,983 (+2.8%), from €392,148 to €403,131
- Purchases and services +€7,971
up €7,971 (+16.9%), from €47,119 to €55,090
- Financial charges +€4,971
up €4,971 (+4.7%), from €106,700 to €111,671
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 | €1,634,562 | €1,235,966 | -€398,597 | -24.4% |
| Fixed assets | 21/28 | €1,589,402 | €1,225,668 | -€363,734 | -22.9% |
| Tangible fixed assets | 22/27 | €1,589,402 | €1,225,668 | -€363,734 | -22.9% |
| Land and buildings | 22 | €1,261,363 | €1,012,849 | -€248,514 | -19.7% |
| Plant, machinery and equipment | 23 | €2,035 | €1,691 | -€344 | -16.9% |
| Other tangible fixed assets | 26 | €4,771 | €3,785 | -€986 | -20.7% |
| Assets under construction and advance payments | 27 | €321,232 | €207,341 | -€113,891 | -35.5% |
| Current assets | 29/58 | €45,160 | €10,298 | -€34,862 | -77.2% |
| Cash at bank and in hand | 54/58 | €45,160 | €10,298 | -€34,862 | -77.2% |
| Total equity and liabilities | 10/49 | €1,634,562 | €1,235,966 | -€398,597 | -24.4% |
| Equity | 10/15 | -€10,928 | -€9,127 | +€1,801 | +16.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,928 | -€109,127 | +€1,801 | +1.6% |
| Amounts payable | 17/49 | €1,645,490 | €1,245,092 | -€400,398 | -24.3% |
| Amounts payable after more than one year | 17 | €1,240,000 | €1,120,000 | -€120,000 | -9.7% |
| Financial debts | 170/4 | €1,240,000 | €1,120,000 | -€120,000 | -9.7% |
| Amounts payable within one year | 42/48 | €401,682 | €124,898 | -€276,784 | -68.9% |
| Current portion of amounts payable after more than one year | 42 | €192,857 | - | -€192,857 | |
| Trade debts | 44 | €208,825 | €124,898 | -€83,927 | -40.2% |
| Suppliers | 440/4 | €208,825 | €124,898 | -€83,927 | -40.2% |
| Accrued charges and deferred income | 492/3 | €3,808 | €194 | -€3,614 | -94.9% |
| Turnover | 70 | €439,267 | €453,533 | +€14,266 | +3.2% |
| Non-recurring operating income | 76A | - | €4,688 | +€4,688 | |
| Goods, raw materials, services and sundry goods | 60/61 | €47,119 | €55,090 | +€7,971 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €286,909 | €288,545 | +€1,637 | +0.6% |
| Other operating charges | 640/8 | €1,116 | €1,148 | +€33 | +3.0% |
| Gross operating margin | 9900 | €392,148 | €403,131 | +€10,983 | +2.8% |
| Operating profit (loss) | 9901 | €104,124 | €113,437 | +€9,313 | +8.9% |
| Financial income | 75/76B | - | €35 | +€35 | |
| Recurring financial income | 75 | - | €35 | +€35 | |
| Financial charges | 65/66B | €106,700 | €111,671 | +€4,971 | +4.7% |
| Recurring financial charges | 65 | €106,700 | €111,671 | +€4,971 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,576 | €1,801 | +€4,377 | |
| Profit (loss) for the period | 9904 | -€2,576 | €1,801 | +€4,377 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,576 | €1,801 | +€4,377 |
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 5 October 2026 via checked.be.