Patrivan: 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.
Patrivan
Largest movements
- Tangible fixed assets +€1.6m
up €1.6m (+39.4%), from €4.0m to €5.6m
- Cash -€374,620
down €374,620 (-48.2%), from €777,543 to €402,923
mainly Investment in fixed assets (net) (-€1.6m) and Trade debts (-€133,292)
- Contributions +€1.6m
up €1.6m (+43.5%), from €3.7m to €5.3m
- Profit (loss) carried forward -€271,819
new in 2025: -€271,819
- Trade debts -€133,292
down €133,292 (-26.1%), from €511,012 to €377,720
- Other operating charges +€60,650
up €60,650 (+33.4%), from €181,538 to €242,188
- Gross operating margin -€40,285
down €40,285 (-17.9%), from €224,886 to €184,601
- Depreciation +€23,231
new in 2025: €23,231
- Taxes -€22,622
down €22,622 (-80.3%), from €28,168 to €5,546
- Financial income -€13,802
down €13,802 (-79.0%), from €17,476 to €3,675
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 | €4,814,196 | €6,029,855 | +€1.2m | +25.3% |
| Fixed assets | 21/28 | €4,036,653 | €5,625,830 | +€1.6m | +39.4% |
| Tangible fixed assets | 22/27 | €4,036,653 | €5,625,830 | +€1.6m | +39.4% |
| Land and buildings | 22 | €4,036,653 | €5,625,830 | +€1.6m | +39.4% |
| Current assets | 29/58 | €777,543 | €404,025 | -€373,518 | -48.0% |
| Amounts receivable within one year | 40/41 | - | €1,102 | +€1,102 | |
| Other amounts receivable | 41 | - | €1,102 | +€1,102 | |
| Cash at bank and in hand | 54/58 | €777,543 | €402,923 | -€374,620 | -48.2% |
| Total equity and liabilities | 10/49 | €4,814,196 | €6,029,855 | +€1.2m | +25.3% |
| Equity | 10/15 | €4,297,374 | €5,643,807 | +€1.3m | +31.3% |
| Contributions | 10/11 | €3,667,250 | €5,262,682 | +€1.6m | +43.5% |
| Capital | 10 | €3,667,250 | €5,262,682 | +€1.6m | +43.5% |
| Issued capital | 100 | €3,667,250 | €5,262,682 | +€1.6m | +43.5% |
| Reserves | 13 | €630,124 | €652,944 | +€22,820 | +3.6% |
| Non-distributable reserves | 130/1 | €53,739 | €76,559 | +€22,820 | +42.5% |
| Legal reserve | 130 | €53,739 | €76,559 | +€22,820 | +42.5% |
| Distributable reserves | 133 | €576,384 | €576,384 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€271,819 | -€271,819 | |
| Amounts payable | 17/49 | €516,823 | €386,048 | -€130,775 | -25.3% |
| Amounts payable within one year | 42/48 | €516,823 | €386,048 | -€130,775 | -25.3% |
| Trade debts | 44 | €511,012 | €377,720 | -€133,292 | -26.1% |
| Suppliers | 440/4 | €511,012 | €377,720 | -€133,292 | -26.1% |
| Other amounts payable | 47/48 | €5,811 | €8,328 | +€2,517 | +43.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €23,231 | +€23,231 | |
| Other operating charges | 640/8 | €181,538 | €242,188 | +€60,650 | +33.4% |
| Gross operating margin | 9900 | €224,886 | €184,601 | -€40,285 | -17.9% |
| Operating profit (loss) | 9901 | €43,349 | -€80,818 | -€124,166 | |
| Financial income | 75/76B | €17,476 | €3,675 | -€13,802 | -79.0% |
| Recurring financial income | 75 | €17,476 | €3,675 | -€13,802 | -79.0% |
| Financial charges | 65/66B | €53 | €54 | +€2 | +2.9% |
| Recurring financial charges | 65 | €53 | €54 | +€2 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €60,772 | -€77,197 | -€137,969 | |
| Income taxes | 67/77 | €28,168 | €5,546 | -€22,622 | -80.3% |
| Profit (loss) for the period | 9904 | €32,605 | -€82,743 | -€115,347 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,605 | -€82,743 | -€115,347 |
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 7 October 2026 via checked.be.