PATRONA: 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.
PATRONA
Largest movements
- Tangible fixed assets -€37,974
down €37,974 (-4.7%), from €810,909 to €772,935
- Cash +€9,127
up €9,127 (+163.2%), from €5,594 to €14,720
mainly Depreciation (+€37,974) and Net result for the year (+€20,378)
- Other debts -€38,102
down €38,102 (-12.9%), from €296,385 to €258,283
- Reserves +€20,378
up €20,378 (+138.8%), from €14,686 to €35,064
- Current portion of long-term debt +€10,134
up €10,134 (+43.0%), from €23,549 to €33,683
- Gross operating margin +€34,900
up €34,900 (+57.6%), from €60,577 to €95,476
- Taxes +€6,596
up €6,596 (+3164.7%), from €208 to €6,804
- Other operating charges +€6,314
up €6,314 (+48.1%), from €13,119 to €19,433
- Financial income -€4,672
no longer reported in 2025 (was €4,672)
- Depreciation -€3,428
down €3,428 (-8.3%), from €41,402 to €37,974
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 | €831,280 | €809,535 | -€21,744 | -2.6% |
| Fixed assets | 21/28 | €810,909 | €772,935 | -€37,974 | -4.7% |
| Tangible fixed assets | 22/27 | €810,909 | €772,935 | -€37,974 | -4.7% |
| Land and buildings | 22 | €810,909 | €772,935 | -€37,974 | -4.7% |
| Current assets | 29/58 | €20,371 | €36,600 | +€16,229 | +79.7% |
| Amounts receivable within one year | 40/41 | €14,777 | €21,880 | +€7,103 | +48.1% |
| Trade receivables | 40 | - | €5,053 | +€5,053 | |
| Other amounts receivable | 41 | €14,777 | €16,827 | +€2,050 | +13.9% |
| Cash at bank and in hand | 54/58 | €5,594 | €14,720 | +€9,127 | +163.2% |
| Total equity and liabilities | 10/49 | €831,280 | €809,535 | -€21,744 | -2.6% |
| Equity | 10/15 | €39,686 | €60,064 | +€20,378 | +51.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €14,686 | €35,064 | +€20,378 | +138.8% |
| Distributable reserves | 133 | €14,686 | €35,064 | +€20,378 | +138.8% |
| Amounts payable | 17/49 | €791,594 | €749,471 | -€42,122 | -5.3% |
| Amounts payable after more than one year | 17 | €455,829 | €449,435 | -€6,393 | -1.4% |
| Financial debts | 170/4 | €455,829 | €449,435 | -€6,393 | -1.4% |
| Amounts payable within one year | 42/48 | €335,765 | €300,036 | -€35,729 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €23,549 | €33,683 | +€10,134 | +43.0% |
| Trade debts | 44 | €11,787 | €6,266 | -€5,521 | -46.8% |
| Suppliers | 440/4 | €11,787 | €6,266 | -€5,521 | -46.8% |
| Taxes, remuneration and social security | 45 | €4,044 | €1,804 | -€2,240 | -55.4% |
| Taxes | 450/3 | €4,044 | €1,804 | -€2,240 | -55.4% |
| Other amounts payable | 47/48 | €296,385 | €258,283 | -€38,102 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,402 | €37,974 | -€3,428 | -8.3% |
| Other operating charges | 640/8 | €13,119 | €19,433 | +€6,314 | +48.1% |
| Gross operating margin | 9900 | €60,577 | €95,476 | +€34,900 | +57.6% |
| Operating profit (loss) | 9901 | €6,056 | €38,069 | +€32,014 | +528.7% |
| Financial income | 75/76B | €4,672 | - | -€4,672 | |
| Recurring financial income | 75 | €4,672 | - | -€4,672 | |
| Financial charges | 65/66B | €9,962 | €10,887 | +€924 | +9.3% |
| Recurring financial charges | 65 | €9,962 | €10,887 | +€924 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €765 | €27,182 | +€26,418 | +3454.1% |
| Income taxes | 67/77 | €208 | €6,804 | +€6,596 | +3164.7% |
| Profit (loss) for the period | 9904 | €556 | €20,378 | +€19,822 | +3562.4% |
| Profit (loss) for the period to be appropriated | 9905 | €556 | €20,378 | +€19,822 | +3562.4% |
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 6 October 2026 via checked.be.