Patro: 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.
What changed
Patro
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€6,010
2024 · €6,142-€132
Equity
€633,463
2024 · €627,453+€6,010
Cash
€23,700
2024 · €20,345+€3,355
Balance sheet total
€1.2m
2024 · €1.3m-€38,432
Largest movements
Assets
- Tangible fixed assets -€43,380
down €43,380 (-3.6%), from €1.2m to €1.2m
of which Land and buildings: -€43,662
Equity and liabilities
- Other debts -€32,286
down €32,286 (-8.1%), from €400,146 to €367,861
Income statement
No income-statement line moved by more than 1% of the activity.
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.
Result 2024
€6,142
Gross operating margin
+€78
Depreciation
-€85
Other operating charges
-€100
Financial charges
-€251
Taxes
+€226
Result 2025
€6,010
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.
From operations
+€16,893
Investment
-€5,025
Financing
-€8,514
Cash 2024
€20,345
From operations (derived)
+€16,893
Net result for the year
+€6,010
Depreciation
+€48,404
Receivables within one year
+€1,148
Deferred charges and accrued income
-€2,740
Provisions
-€9,970
Trade debts
+€4,554
Tax, wage and social debts
+€1,774
Other debts
-€32,286
Investment (derived)
-€5,025
Investment in fixed assets (net)
-€5,025
Financing
-€8,514
Debts after one year
-€8,151
Current portion of long-term debt
-€362
Cash 2025
€23,700
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,252,002 | €1,213,569 | -€38,432 | -3.1% |
| Fixed assets | 21/28 | €1,209,288 | €1,165,909 | -€43,380 | -3.6% |
| Tangible fixed assets | 22/27 | €1,209,288 | €1,165,909 | -€43,380 | -3.6% |
| Land and buildings | 22 | €1,208,853 | €1,165,191 | -€43,662 | -3.6% |
| Furniture and vehicles | 24 | €435 | €718 | +€282 | +64.8% |
| Current assets | 29/58 | €42,713 | €47,661 | +€4,947 | +11.6% |
| Amounts receivable within one year | 40/41 | €5,444 | €4,296 | -€1,148 | -21.1% |
| Trade receivables | 40 | - | €4,296 | +€4,296 | |
| Other amounts receivable | 41 | €5,444 | €0 | -€5,444 | -100.0% |
| Cash at bank and in hand | 54/58 | €20,345 | €23,700 | +€3,355 | +16.5% |
| Deferred charges and accrued income | 490/1 | €16,925 | €19,665 | +€2,740 | +16.2% |
| Total equity and liabilities | 10/49 | €1,252,002 | €1,213,569 | -€38,432 | -3.1% |
| Equity | 10/15 | €627,453 | €633,463 | +€6,010 | +1.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €565,953 | €571,963 | +€6,010 | +1.1% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €363,649 | €342,378 | -€21,272 | -5.8% |
| Distributable reserves | 133 | €196,154 | €223,435 | +€27,281 | +13.9% |
| Provisions and deferred taxes | 16 | €163,702 | €153,731 | -€9,970 | -6.1% |
| Deferred taxes | 168 | €163,702 | €153,731 | -€9,970 | -6.1% |
| Amounts payable | 17/49 | €460,847 | €426,375 | -€34,472 | -7.5% |
| Amounts payable after more than one year | 17 | €42,236 | €34,085 | -€8,151 | -19.3% |
| Financial debts | 170/4 | €42,236 | €34,085 | -€8,151 | -19.3% |
| Amounts payable within one year | 42/48 | €418,611 | €392,290 | -€26,320 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €8,663 | €8,301 | -€362 | -4.2% |
| Trade debts | 44 | €0 | €4,554 | +€4,554 | |
| Suppliers | 440/4 | €0 | €4,554 | +€4,554 | |
| Taxes, remuneration and social security | 45 | €9,801 | €11,575 | +€1,774 | +18.1% |
| Taxes | 450/3 | €9,801 | €11,575 | +€1,774 | +18.1% |
| Other amounts payable | 47/48 | €400,146 | €367,861 | -€32,286 | -8.1% |
| Non-recurring operating income | 76A | €1,722 | €0 | -€1,722 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,320 | €48,404 | +€85 | +0.2% |
| Other operating charges | 640/8 | €10,545 | €10,645 | +€100 | +1.0% |
| Gross operating margin | 9900 | €70,531 | €70,609 | +€78 | +0.1% |
| Operating profit (loss) | 9901 | €11,666 | €11,559 | -€107 | -0.9% |
| Financial charges | 65/66B | €693 | €945 | +€251 | +36.3% |
| Recurring financial charges | 65 | €693 | €945 | +€251 | +36.3% |
| Profit (loss) for the period before taxes | 9903 | €10,973 | €10,614 | -€359 | -3.3% |
| Transfer from deferred taxes | 780 | €9,970 | €9,970 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €14,801 | €14,575 | -€226 | -1.5% |
| Profit (loss) for the period | 9904 | €6,142 | €6,010 | -€132 | -2.2% |
| Transfer from tax-exempt reserves | 789 | €21,272 | €21,272 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €27,414 | €27,281 | -€132 | -0.5% |
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 7 October 2026 via checked.be.