PATRIUM PROPERTIES: 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 PROPERTIES
Largest movements
- Tangible fixed assets -€44,435
down €44,435 (-4.1%), from €1.1m to €1.0m
of which Land and buildings: -€43,605
- Cash +€23,095
up €23,095 (+25.9%), from €89,193 to €112,288
mainly Depreciation (+€44,435) and Net result for the year (+€14,141)
- Financial fixed assets +€15,000
new in 2024: €15,000
- Debts after one year -€17,780
down €17,780 (-5.5%), from €326,014 to €308,234
- Write-downs +€30,000
new in 2024: €30,000
- Gross operating margin +€15,181
up €15,181 (+14.2%), from €107,194 to €122,375
- Taxes +€12,742
up €12,742 (+637113.0%), from €2 to €12,744
- Other operating charges +€2,985
up €2,985 (+32.8%), from €9,108 to €12,093
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 | €1,420,748 | €1,417,062 | -€3,686 | -0.3% |
| Fixed assets | 21/28 | €1,083,724 | €1,054,289 | -€29,435 | -2.7% |
| Tangible fixed assets | 22/27 | €1,083,724 | €1,039,289 | -€44,435 | -4.1% |
| Land and buildings | 22 | €1,080,895 | €1,037,290 | -€43,605 | -4.0% |
| Other tangible fixed assets | 26 | €2,829 | €1,999 | -€830 | -29.3% |
| Financial fixed assets | 28 | - | €15,000 | +€15,000 | |
| Current assets | 29/58 | €337,024 | €362,773 | +€25,749 | +7.6% |
| Amounts receivable within one year | 40/41 | €247,831 | €250,485 | +€2,654 | +1.1% |
| Trade receivables | 40 | €179,500 | €155,500 | -€24,000 | -13.4% |
| Other amounts receivable | 41 | €68,331 | €94,985 | +€26,654 | +39.0% |
| Cash at bank and in hand | 54/58 | €89,193 | €112,288 | +€23,095 | +25.9% |
| Total equity and liabilities | 10/49 | €1,420,748 | €1,417,062 | -€3,686 | -0.3% |
| Equity | 10/15 | €1,034,491 | €1,048,633 | +€14,142 | +1.4% |
| Contributions | 10/11 | €1,065,000 | €1,065,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,509 | -€16,367 | +€14,142 | +46.4% |
| Amounts payable | 17/49 | €386,257 | €368,430 | -€17,827 | -4.6% |
| Amounts payable after more than one year | 17 | €326,014 | €308,234 | -€17,780 | -5.5% |
| Financial debts | 170/4 | €326,014 | €308,234 | -€17,780 | -5.5% |
| Amounts payable within one year | 42/48 | €60,243 | €60,196 | -€47 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €25,743 | €18,369 | -€7,374 | -28.6% |
| Taxes, remuneration and social security | 45 | - | €7,326 | +€7,326 | |
| Taxes | 450/3 | - | €7,326 | +€7,326 | |
| Other amounts payable | 47/48 | €34,500 | €34,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,435 | €44,435 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €30,000 | +€30,000 | |
| Other operating charges | 640/8 | €9,108 | €12,093 | +€2,985 | +32.8% |
| Gross operating margin | 9900 | €107,194 | €122,375 | +€15,181 | +14.2% |
| Operating profit (loss) | 9901 | €53,651 | €35,848 | -€17,803 | -33.2% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €9,800 | €8,962 | -€838 | -8.6% |
| Recurring financial charges | 65 | €9,800 | €8,962 | -€838 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €43,856 | €26,886 | -€16,971 | -38.7% |
| Income taxes | 67/77 | €2 | €12,744 | +€12,742 | +637113.0% |
| Profit (loss) for the period | 9904 | €43,854 | €14,141 | -€29,713 | -67.8% |
| Profit (loss) for the period to be appropriated | 9905 | €43,854 | €14,141 | -€29,713 | -67.8% |
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 3 October 2026 via checked.be.