PATRIVAST: 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.
PATRIVAST
Largest movements
- Tangible fixed assets +€3.7m
up €3.7m (+90.4%), from €4.1m to €7.7m
of which Land and buildings: +€3.7m
- Cash +€123,663
up €123,663 (+264.8%), from €46,702 to €170,365
mainly Debts after one year (+€3.1m) and Other debts (+€912,248)
- Debts after one year +€3.1m
up €3.1m (+181.0%), from €1.7m to €4.9m
of which Financial debts: +€3.1m
- Other debts +€912,248
up €912,248 (+216.8%), from €420,685 to €1.3m
- Reserves -€383,663
down €383,663 (-64.6%), from €593,469 to €209,806
of which Distributable reserves: -€383,663
- Current portion of long-term debt +€182,998
up €182,998 (+98.9%), from €185,018 to €368,016
- Depreciation +€517,777
up €517,777 (+324.9%), from €159,355 to €677,132
- Taxes -€39,687
down €39,687 (-99.0%), from €40,076 to €388
- Gross operating margin -€31,981
down €31,981 (-8.2%), from €390,530 to €358,549
- Financial charges +€21,282
up €21,282 (+54.1%), from €39,355 to €60,637
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 | €4,138,839 | €7,924,230 | +€3.8m | +91.5% |
| Fixed assets | 21/28 | €4,052,683 | €7,716,570 | +€3.7m | +90.4% |
| Tangible fixed assets | 22/27 | €4,052,683 | €7,716,570 | +€3.7m | +90.4% |
| Land and buildings | 22 | €3,990,440 | €7,665,345 | +€3.7m | +92.1% |
| Furniture and vehicles | 24 | €62,243 | €51,225 | -€11,018 | -17.7% |
| Current assets | 29/58 | €86,156 | €207,659 | +€121,503 | +141.0% |
| Amounts receivable within one year | 40/41 | €14,865 | €24,612 | +€9,747 | +65.6% |
| Trade receivables | 40 | €14,865 | €15,000 | +€135 | +0.9% |
| Other amounts receivable | 41 | €0 | €9,612 | +€9,612 | |
| Cash at bank and in hand | 54/58 | €46,702 | €170,365 | +€123,663 | +264.8% |
| Deferred charges and accrued income | 490/1 | €24,590 | €12,683 | -€11,907 | -48.4% |
| Total equity and liabilities | 10/49 | €4,138,839 | €7,924,230 | +€3.8m | +91.5% |
| Equity | 10/15 | €1,758,274 | €1,306,425 | -€451,849 | -25.7% |
| Contributions | 10/11 | €243,894 | €243,894 | = | 0.0% |
| Revaluation surpluses | 12 | €852,726 | €852,726 | = | 0.0% |
| Reserves | 13 | €593,469 | €209,806 | -€383,663 | -64.6% |
| Non-distributable reserves | 130/1 | €24,389 | €24,389 | = | 0.0% |
| Reserves not available under the articles | 1311 | €24,389 | €24,389 | = | 0.0% |
| Distributable reserves | 133 | €569,079 | €185,416 | -€383,663 | -67.4% |
| Profit (loss) carried forward | 14 | €68,186 | €0 | -€68,186 | -100.0% |
| Amounts payable | 17/49 | €2,380,565 | €6,617,804 | +€4.2m | +178.0% |
| Amounts payable after more than one year | 17 | €1,735,564 | €4,877,188 | +€3.1m | +181.0% |
| Financial debts | 170/4 | €1,735,564 | €4,865,188 | +€3.1m | +180.3% |
| Other amounts payable | 178/9 | - | €12,000 | +€12,000 | |
| Amounts payable within one year | 42/48 | €635,519 | €1,739,737 | +€1.1m | +173.8% |
| Current portion of amounts payable after more than one year | 42 | €185,018 | €368,016 | +€182,998 | +98.9% |
| Trade debts | 44 | €1,621 | €38,789 | +€37,168 | +2292.9% |
| Suppliers | 440/4 | €1,621 | €38,789 | +€37,168 | +2292.9% |
| Taxes, remuneration and social security | 45 | €28,196 | €0 | -€28,196 | -100.0% |
| Taxes | 450/3 | €28,196 | €0 | -€28,196 | -100.0% |
| Other amounts payable | 47/48 | €420,685 | €1,332,933 | +€912,248 | +216.8% |
| Accrued charges and deferred income | 492/3 | €9,481 | €879 | -€8,602 | -90.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,355 | €677,132 | +€517,777 | +324.9% |
| Other operating charges | 640/8 | €71,643 | €72,258 | +€615 | +0.9% |
| Gross operating margin | 9900 | €390,530 | €358,549 | -€31,981 | -8.2% |
| Operating profit (loss) | 9901 | €159,532 | -€390,841 | -€550,373 | |
| Financial income | 75/76B | €0 | €17 | +€17 | |
| Recurring financial income | 75 | €0 | €17 | +€17 | |
| Financial charges | 65/66B | €39,355 | €60,637 | +€21,282 | +54.1% |
| Recurring financial charges | 65 | €39,355 | €60,637 | +€21,282 | +54.1% |
| Profit (loss) for the period before taxes | 9903 | €120,177 | -€451,461 | -€571,638 | |
| Income taxes | 67/77 | €40,076 | €388 | -€39,687 | -99.0% |
| Profit (loss) for the period | 9904 | €80,101 | -€451,849 | -€531,950 | |
| Profit (loss) for the period to be appropriated | 9905 | €80,101 | -€451,849 | -€531,950 |
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 2 October 2026 via checked.be.