PATRIWAE: what changed
Two financial 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.
PATRIWAE
Largest movements
- Tangible fixed assets -€118,191
down €118,191 (-4.9%), from €2.4m to €2.3m
of which Land and buildings: -€117,261
- Accrued charges and deferred income +€127,590
up €127,590, from €0 to €127,590
- Debts after one year -€119,702
down €119,702 (-13.1%), from €912,510 to €792,809
- Other debts -€71,118
down €71,118 (-4.7%), from €1.5m to €1.5m
- Reserves -€47,231
down €47,231 (-13.5%), from €349,316 to €302,085
- Gross operating margin -€24,641
down €24,641 (-15.2%), from €162,173 to €137,532
- Depreciation -€3,166
down €3,166 (-2.0%), from €159,070 to €155,904
- Financial charges -€2,145
down €2,145 (-14.8%), from €14,526 to €12,381
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 | €3,236,998 | €3,118,890 | -€118,108 | -3.6% |
| Fixed assets | 21/28 | €3,226,682 | €3,108,491 | -€118,191 | -3.7% |
| Intangible fixed assets | 21 | €823,803 | €823,803 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,402,879 | €2,284,688 | -€118,191 | -4.9% |
| Land and buildings | 22 | €2,399,865 | €2,282,604 | -€117,261 | -4.9% |
| Furniture and vehicles | 24 | €3,014 | €2,084 | -€931 | -30.9% |
| Current assets | 29/58 | €10,316 | €10,399 | +€83 | +0.8% |
| Amounts receivable within one year | 40/41 | €63 | €71 | +€8 | +12.1% |
| Other amounts receivable | 41 | €63 | €71 | +€8 | +12.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €6,520 | €5,817 | -€703 | -10.8% |
| Deferred charges and accrued income | 490/1 | €3,734 | €4,512 | +€778 | +20.8% |
| Total equity and liabilities | 10/49 | €3,236,998 | €3,118,890 | -€118,108 | -3.6% |
| Equity | 10/15 | €565,834 | €524,662 | -€41,173 | -7.3% |
| Contributions | 10/11 | €340,540 | €340,540 | = | 0.0% |
| Reserves | 13 | €349,316 | €302,085 | -€47,231 | -13.5% |
| Tax-exempt reserves | 132 | €349,316 | €302,085 | -€47,231 | -13.5% |
| Profit (loss) carried forward | 14 | -€124,021 | -€117,963 | +€6,058 | +4.9% |
| Provisions and deferred taxes | 16 | €116,438 | €100,695 | -€15,744 | -13.5% |
| Deferred taxes | 168 | €116,438 | €100,695 | -€15,744 | -13.5% |
| Amounts payable | 17/49 | €2,554,726 | €2,493,534 | -€61,192 | -2.4% |
| Amounts payable after more than one year | 17 | €912,510 | €792,809 | -€119,702 | -13.1% |
| Financial debts | 170/4 | €912,510 | €792,809 | -€119,702 | -13.1% |
| Amounts payable within one year | 42/48 | €1,642,215 | €1,573,135 | -€69,081 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €118,058 | €119,702 | +€1,644 | +1.4% |
| Trade debts | 44 | €0 | €394 | +€394 | |
| Suppliers | 440/4 | €0 | €394 | +€394 | |
| Other amounts payable | 47/48 | €1,524,158 | €1,453,039 | -€71,118 | -4.7% |
| Accrued charges and deferred income | 492/3 | €0 | €127,590 | +€127,590 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,070 | €155,904 | -€3,166 | -2.0% |
| Other operating charges | 640/8 | €25,535 | €26,272 | +€737 | +2.9% |
| Gross operating margin | 9900 | €162,173 | €137,532 | -€24,641 | -15.2% |
| Operating profit (loss) | 9901 | -€22,432 | -€44,644 | -€22,212 | -99.0% |
| Financial income | 75/76B | €34 | €109 | +€74 | +216.3% |
| Recurring financial income | 75 | €34 | €109 | +€74 | +216.3% |
| Financial charges | 65/66B | €14,526 | €12,381 | -€2,145 | -14.8% |
| Recurring financial charges | 65 | €14,526 | €12,381 | -€2,145 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | -€36,924 | -€56,916 | -€19,993 | -54.1% |
| Transfer from deferred taxes | 780 | €17,109 | €15,744 | -€1,365 | -8.0% |
| Income taxes | 67/77 | €3 | €0 | -€3 | -100.0% |
| Profit (loss) for the period | 9904 | -€19,818 | -€41,173 | -€21,355 | -107.8% |
| Transfer from tax-exempt reserves | 789 | €51,326 | €47,231 | -€4,095 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,508 | €6,058 | -€25,450 | -80.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.