Patriver: 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.
Patriver
Largest movements
- Receivables within one year +€919,826
new in 2025: €919,826
- Tangible fixed assets -€232,822
down €232,822 (-11.9%), from €2.0m to €1.7m
of which Land and buildings: -€221,419
- Cash -€187,369
down €187,369 (-14.3%), from €1.3m to €1.1m
mainly Receivables within one year (-€919,826) and Debts after one year (-€81,195)
- Reserves +€515,091
up €515,091 (+29.5%), from €1.7m to €2.3m
of which Distributable reserves: +€515,091
- Tax, wage and social debts +€173,317
up €173,317 (+538.5%), from €32,183 to €205,500
- Debts after one year -€81,195
down €81,195 (-31.4%), from €258,973 to €177,778
- Other debts -€72,235
down €72,235 (-71.7%), from €100,740 to €28,504
- Gross operating margin +€630,413
up €630,413 (+175.7%), from €358,864 to €989,277
- Taxes +€175,423
up €175,423 (+597.5%), from €29,359 to €204,782
- Depreciation -€14,123
down €14,123 (-7.4%), from €191,077 to €176,953
- Financial charges -€13,680
down €13,680 (-58.0%), from €23,597 to €9,917
- Other operating charges +€11,793
up €11,793 (+16.3%), from €72,498 to €84,292
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 | €3,273,683 | €3,771,847 | +€498,164 | +15.2% |
| Fixed assets | 21/28 | €1,962,256 | €1,729,434 | -€232,822 | -11.9% |
| Tangible fixed assets | 22/27 | €1,962,256 | €1,729,434 | -€232,822 | -11.9% |
| Land and buildings | 22 | €1,950,852 | €1,729,434 | -€221,419 | -11.3% |
| Furniture and vehicles | 24 | €11,403 | - | -€11,403 | |
| Current assets | 29/58 | €1,311,427 | €2,042,413 | +€730,986 | +55.7% |
| Amounts receivable within one year | 40/41 | - | €919,826 | +€919,826 | |
| Trade receivables | 40 | - | €919,826 | +€919,826 | |
| Cash at bank and in hand | 54/58 | €1,309,956 | €1,122,587 | -€187,369 | -14.3% |
| Deferred charges and accrued income | 490/1 | €1,472 | - | -€1,472 | |
| Total equity and liabilities | 10/49 | €3,273,683 | €3,771,847 | +€498,164 | +15.2% |
| Equity | 10/15 | €2,745,660 | €3,260,751 | +€515,091 | +18.8% |
| Contributions | 10/11 | €1,000,620 | €1,000,620 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Outside capital | 11 | €620 | €620 | = | 0.0% |
| Share premium | 1100/10 | €620 | €620 | = | 0.0% |
| Reserves | 13 | €1,745,040 | €2,260,131 | +€515,091 | +29.5% |
| Non-distributable reserves | 130/1 | €100,000 | €100,000 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €1,645,040 | €2,160,131 | +€515,091 | +31.3% |
| Amounts payable | 17/49 | €528,023 | €511,096 | -€16,927 | -3.2% |
| Amounts payable after more than one year | 17 | €258,973 | €177,778 | -€81,195 | -31.4% |
| Financial debts | 170/4 | €258,973 | €177,778 | -€81,195 | -31.4% |
| Amounts payable within one year | 42/48 | €261,623 | €333,318 | +€71,694 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €91,812 | €81,195 | -€10,617 | -11.6% |
| Trade debts | 44 | €36,889 | €18,119 | -€18,770 | -50.9% |
| Suppliers | 440/4 | €36,889 | €18,119 | -€18,770 | -50.9% |
| Taxes, remuneration and social security | 45 | €32,183 | €205,500 | +€173,317 | +538.5% |
| Taxes | 450/3 | €32,183 | €205,500 | +€173,317 | +538.5% |
| Other amounts payable | 47/48 | €100,740 | €28,504 | -€72,235 | -71.7% |
| Accrued charges and deferred income | 492/3 | €7,426 | - | -€7,426 | |
| Non-recurring operating income | 76A | - | €717,805 | +€717,805 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €191,077 | €176,953 | -€14,123 | -7.4% |
| Other operating charges | 640/8 | €72,498 | €84,292 | +€11,793 | +16.3% |
| Gross operating margin | 9900 | €358,864 | €989,277 | +€630,413 | +175.7% |
| Operating profit (loss) | 9901 | €95,289 | €728,032 | +€632,743 | +664.0% |
| Financial income | 75/76B | €1,975 | €1,758 | -€217 | -11.0% |
| Recurring financial income | 75 | €1,975 | €1,758 | -€217 | -11.0% |
| Financial charges | 65/66B | €23,597 | €9,917 | -€13,680 | -58.0% |
| Recurring financial charges | 65 | €23,597 | €9,917 | -€13,680 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | €73,667 | €719,873 | +€646,206 | +877.2% |
| Income taxes | 67/77 | €29,359 | €204,782 | +€175,423 | +597.5% |
| Profit (loss) for the period | 9904 | €44,308 | €515,091 | +€470,782 | +1062.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,308 | €515,091 | +€470,782 | +1062.5% |
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 9 October 2026 via checked.be.