PET CONCEPT: 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.
PET CONCEPT
Largest movements
- Current investments +€1.4m
up €1.4m, from €0 to €1.4m
- Cash -€421,097
down €421,097 (-60.9%), from €691,213 to €270,115
mainly Current investments (-€1.4m) and Trade debts (-€289,679)
- Receivables after one year -€395,000
down €395,000 (-71.8%), from €550,000 to €155,000
- Stocks and contracts +€230,875
up €230,875 (+185.6%), from €124,412 to €355,287
- Profit (loss) carried forward +€624,572
up €624,572 (+36.2%), from €1.7m to €2.4m
- Trade debts -€289,679
down €289,679 (-41.9%), from €691,838 to €402,159
- Accrued charges and deferred income +€272,840
up €272,840 (+121.8%), from €223,948 to €496,788
- Tax, wage and social debts +€253,130
up €253,130 (+329.1%), from €76,909 to €330,039
of which Taxes: +€253,094
- Reserves -€186,688
down €186,688 (-96.8%), from €192,885 to €6,197
of which Distributable reserves: -€186,688
- Gross operating margin +€293,391
up €293,391 (+40.0%), from €732,693 to €1.0m
- Taxes +€119,971
up €119,971 (+86.1%), from €139,414 to €259,385
- Staff costs -€84,489
down €84,489 (-41.9%), from €201,632 to €117,143
- Write-downs +€40,000
new in 2025: €40,000
- Financial charges -€23,748
down €23,748 (-79.5%), from €29,882 to €6,134
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 | €3,227,372 | €4,060,630 | +€833,259 | +25.8% |
| Fixed assets | 21/28 | €154,924 | €145,513 | -€9,411 | -6.1% |
| Tangible fixed assets | 22/27 | €154,924 | €145,513 | -€9,411 | -6.1% |
| Plant, machinery and equipment | 23 | €14,716 | €21,175 | +€6,460 | +43.9% |
| Furniture and vehicles | 24 | €40,685 | €31,694 | -€8,991 | -22.1% |
| Other tangible fixed assets | 26 | €99,524 | €92,644 | -€6,880 | -6.9% |
| Current assets | 29/58 | €3,072,447 | €3,915,117 | +€842,670 | +27.4% |
| Amounts receivable after more than one year | 29 | €550,000 | €155,000 | -€395,000 | -71.8% |
| Other amounts receivable | 291 | €550,000 | €155,000 | -€395,000 | -71.8% |
| Stocks and contracts in progress | 3 | €124,412 | €355,287 | +€230,875 | +185.6% |
| Stocks | 30/36 | €124,412 | €355,287 | +€230,875 | +185.6% |
| Amounts receivable within one year | 40/41 | €1,706,823 | €1,734,715 | +€27,892 | +1.6% |
| Trade receivables | 40 | €1,637,672 | €1,734,715 | +€97,043 | +5.9% |
| Other amounts receivable | 41 | €69,151 | €0 | -€69,151 | -100.0% |
| Current investments | 50/53 | €0 | €1,400,000 | +€1.4m | |
| Cash at bank and in hand | 54/58 | €691,213 | €270,115 | -€421,097 | -60.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,227,372 | €4,060,630 | +€833,259 | +25.8% |
| Equity | 10/15 | €1,981,971 | €2,419,855 | +€437,884 | +22.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €192,885 | €6,197 | -€186,688 | -96.8% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €186,688 | €0 | -€186,688 | -100.0% |
| Profit (loss) carried forward | 14 | €1,727,112 | €2,351,685 | +€624,572 | +36.2% |
| Amounts payable | 17/49 | €1,245,401 | €1,640,775 | +€395,374 | +31.7% |
| Amounts payable within one year | 42/48 | €1,021,453 | €1,143,987 | +€122,534 | +12.0% |
| Trade debts | 44 | €691,838 | €402,159 | -€289,679 | -41.9% |
| Suppliers | 440/4 | €691,838 | €402,159 | -€289,679 | -41.9% |
| Taxes, remuneration and social security | 45 | €76,909 | €330,039 | +€253,130 | +329.1% |
| Taxes | 450/3 | €62,173 | €315,266 | +€253,094 | +407.1% |
| Remuneration and social security | 454/9 | €14,736 | €14,772 | +€36 | +0.2% |
| Other amounts payable | 47/48 | €252,707 | €411,789 | +€159,083 | +63.0% |
| Accrued charges and deferred income | 492/3 | €223,948 | €496,788 | +€272,840 | +121.8% |
| Non-recurring operating income | 76A | €19,563 | €14,731 | -€4,833 | -24.7% |
| Remuneration, social security and pensions | 62 | €201,632 | €117,143 | -€84,489 | -41.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,756 | €27,025 | +€8,269 | +44.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €40,000 | +€40,000 | |
| Other operating charges | 640/8 | €1,313 | €1,213 | -€101 | -7.7% |
| Non-recurring operating charges | 66A | €1,910 | €0 | -€1,910 | -100.0% |
| Gross operating margin | 9900 | €732,693 | €1,026,085 | +€293,391 | +40.0% |
| Operating profit (loss) | 9901 | €509,082 | €840,704 | +€331,622 | +65.1% |
| Financial income | 75/76B | €59,528 | €49,388 | -€10,140 | -17.0% |
| Recurring financial income | 75 | €59,528 | €49,388 | -€10,140 | -17.0% |
| Financial charges | 65/66B | €29,882 | €6,134 | -€23,748 | -79.5% |
| Recurring financial charges | 65 | €29,882 | €6,134 | -€23,748 | -79.5% |
| Profit (loss) for the period before taxes | 9903 | €538,728 | €883,957 | +€345,229 | +64.1% |
| Income taxes | 67/77 | €139,414 | €259,385 | +€119,971 | +86.1% |
| Profit (loss) for the period | 9904 | €399,314 | €624,572 | +€225,258 | +56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €399,314 | €624,572 | +€225,258 | +56.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.