PET - LC: 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 - LC
Largest movements
- Tangible fixed assets -€12,573
down €12,573 (-26.9%), from €46,715 to €34,142
of which Furniture and vehicles: -€13,376
- Receivables within one year +€11,598
up €11,598 (+33.5%), from €34,661 to €46,259
of which Trade receivables: +€7,350
- Cash +€6,784
up €6,784 (+9.8%), from €69,413 to €76,197
mainly Net result for the year (+€24,036) and Depreciation (+€14,387)
- Reserves +€24,036
up €24,036 (+26.6%), from €90,383 to €114,419
of which Distributable reserves: +€24,036
- Debts after one year -€13,601
down €13,601 (-49.6%), from €27,404 to €13,803
- Tax, wage and social debts -€3,236
down €3,236 (-45.1%), from €7,171 to €3,935
- Trade debts -€1,866
down €1,866 (-80.8%), from €2,309 to €444
- Gross operating margin +€4,126
up €4,126 (+8.6%), from €48,079 to €52,205
- Taxes +€2,315
up €2,315 (+22.9%), from €10,095 to €12,409
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 | €153,957 | €159,490 | +€5,533 | +3.6% |
| Fixed assets | 21/28 | €48,198 | €35,226 | -€12,972 | -26.9% |
| Tangible fixed assets | 22/27 | €46,715 | €34,142 | -€12,573 | -26.9% |
| Plant, machinery and equipment | 23 | €7,924 | €8,727 | +€803 | +10.1% |
| Furniture and vehicles | 24 | €38,791 | €25,415 | -€13,376 | -34.5% |
| Financial fixed assets | 28 | €1,483 | €1,084 | -€400 | -27.0% |
| Current assets | 29/58 | €105,759 | €124,264 | +€18,505 | +17.5% |
| Amounts receivable within one year | 40/41 | €34,661 | €46,259 | +€11,598 | +33.5% |
| Trade receivables | 40 | €6,806 | €14,156 | +€7,350 | +108.0% |
| Other amounts receivable | 41 | €27,855 | €32,103 | +€4,248 | +15.3% |
| Cash at bank and in hand | 54/58 | €69,413 | €76,197 | +€6,784 | +9.8% |
| Deferred charges and accrued income | 490/1 | €1,685 | €1,807 | +€123 | +7.3% |
| Total equity and liabilities | 10/49 | €153,957 | €159,490 | +€5,533 | +3.6% |
| Equity | 10/15 | €103,672 | €127,707 | +€24,036 | +23.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €90,383 | €114,419 | +€24,036 | +26.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €88,523 | €112,559 | +€24,036 | +27.2% |
| Profit (loss) carried forward | 14 | €889 | €889 | = | 0.0% |
| Amounts payable | 17/49 | €50,285 | €31,782 | -€18,503 | -36.8% |
| Amounts payable after more than one year | 17 | €27,404 | €13,803 | -€13,601 | -49.6% |
| Financial debts | 170/4 | €27,404 | €13,803 | -€13,601 | -49.6% |
| Amounts payable within one year | 42/48 | €22,881 | €17,979 | -€4,902 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €13,401 | €13,601 | +€200 | +1.5% |
| Trade debts | 44 | €2,309 | €444 | -€1,866 | -80.8% |
| Suppliers | 440/4 | €2,309 | €444 | -€1,866 | -80.8% |
| Taxes, remuneration and social security | 45 | €7,171 | €3,935 | -€3,236 | -45.1% |
| Taxes | 450/3 | €7,171 | €3,935 | -€3,236 | -45.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,111 | €14,387 | +€276 | +2.0% |
| Other operating charges | 640/8 | €818 | €794 | -€24 | -2.9% |
| Non-recurring operating charges | 66A | €68 | €0 | -€68 | -100.0% |
| Gross operating margin | 9900 | €48,079 | €52,205 | +€4,126 | +8.6% |
| Operating profit (loss) | 9901 | €33,082 | €37,023 | +€3,942 | +11.9% |
| Financial charges | 65/66B | €780 | €579 | -€201 | -25.8% |
| Recurring financial charges | 65 | €780 | €579 | -€201 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €32,302 | €36,445 | +€4,143 | +12.8% |
| Income taxes | 67/77 | €10,095 | €12,409 | +€2,315 | +22.9% |
| Profit (loss) for the period | 9904 | €22,207 | €24,036 | +€1,828 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,207 | €24,036 | +€1,828 | +8.2% |
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 3 October 2026 via checked.be.