PET'S WORLD: 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.
PET'S WORLD
Largest movements
- Cash +€45,183
up €45,183 (+111%), from €40,876 to €86,060
mainly Depreciation (+€35,134) and Stocks and contracts (+€32,000)
- Tangible fixed assets -€33,134
down €33,134 (-26.2%), from €126,311 to €93,177
- Stocks and contracts -€32,000
down €32,000 (-14.9%), from €215,000 to €183,000
- Receivables within one year -€11,581
down €11,581 (-23.8%), from €48,589 to €37,008
of which Trade receivables: -€12,988
- Debts after one year -€26,774
down €26,774 (-39.6%), from €67,694 to €40,921
- Short-term financial debts -€19,740
no longer reported in 2025 (was €19,740)
- Trade debts +€10,969
up €10,969 (+128%), from €8,592 to €19,562
- Gross operating margin -€8,623
down €8,623 (-4.9%), from €177,486 to €168,863
- Depreciation +€8,473
up €8,473 (+31.8%), from €26,661 to €35,134
- Other operating charges -€2,489
down €2,489 (-54.5%), from €4,567 to €2,078
- Staff costs -€2,441
down €2,441 (-1.9%), from €127,317 to €124,876
- Financial charges +€1,788
up €1,788 (+54.0%), from €3,311 to €5,099
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.
Derived cash bridge
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 | €451,434 | €416,310 | -€35,123 | -7.8% |
| Fixed assets | 21/28 | €144,841 | €109,707 | -€35,134 | -24.3% |
| Intangible fixed assets | 21 | €10,430 | €8,430 | -€2,000 | -19.2% |
| Tangible fixed assets | 22/27 | €126,311 | €93,177 | -€33,134 | -26.2% |
| Plant, machinery and equipment | 23 | €23,882 | €20,225 | -€3,657 | -15.3% |
| Furniture and vehicles | 24 | €48,701 | €34,808 | -€13,893 | -28.5% |
| Leasing and similar rights | 25 | €53,728 | €38,145 | -€15,583 | -29.0% |
| Financial fixed assets | 28 | €8,100 | €8,100 | = | 0.0% |
| Current assets | 29/58 | €306,593 | €306,603 | +€11 | 0.0% |
| Stocks and contracts in progress | 3 | €215,000 | €183,000 | -€32,000 | -14.9% |
| Stocks | 30/36 | €215,000 | €183,000 | -€32,000 | -14.9% |
| Amounts receivable within one year | 40/41 | €48,589 | €37,008 | -€11,581 | -23.8% |
| Trade receivables | 40 | €41,196 | €28,208 | -€12,988 | -31.5% |
| Other amounts receivable | 41 | €7,393 | €8,800 | +€1,407 | +19.0% |
| Cash at bank and in hand | 54/58 | €40,876 | €86,060 | +€45,183 | +111% |
| Deferred charges and accrued income | 490/1 | €2,127 | €536 | -€1,592 | -74.8% |
| Total equity and liabilities | 10/49 | €451,434 | €416,310 | -€35,123 | -7.8% |
| Equity | 10/15 | €304,791 | €306,426 | +€1,635 | +0.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €280,867 | €280,867 | = | 0.0% |
| Distributable reserves | 133 | €280,867 | €280,867 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,924 | €15,560 | +€1,635 | +11.7% |
| Amounts payable | 17/49 | €146,643 | €109,884 | -€36,758 | -25.1% |
| Amounts payable after more than one year | 17 | €67,694 | €40,921 | -€26,774 | -39.6% |
| Financial debts | 170/4 | €67,694 | €40,921 | -€26,774 | -39.6% |
| Amounts payable within one year | 42/48 | €78,948 | €68,964 | -€9,985 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €27,033 | €26,093 | -€940 | -3.5% |
| Financial debts | 43 | €19,740 | - | -€19,740 | |
| Credit institutions | 430/8 | €19,740 | - | -€19,740 | |
| Trade debts | 44 | €8,592 | €19,562 | +€10,969 | +128% |
| Suppliers | 440/4 | €8,592 | €19,562 | +€10,969 | +128% |
| Taxes, remuneration and social security | 45 | €23,583 | €23,309 | -€274 | -1.2% |
| Taxes | 450/3 | €14,060 | €11,904 | -€2,156 | -15.3% |
| Remuneration and social security | 454/9 | €9,523 | €11,405 | +€1,882 | +19.8% |
| Remuneration, social security and pensions | 62 | €127,317 | €124,876 | -€2,441 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,661 | €35,134 | +€8,473 | +31.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €461 | - | -€461 | |
| Other operating charges | 640/8 | €4,567 | €2,078 | -€2,489 | -54.5% |
| Gross operating margin | 9900 | €177,486 | €168,863 | -€8,623 | -4.9% |
| Operating profit (loss) | 9901 | €18,480 | €6,776 | -€11,704 | -63.3% |
| Financial income | 75/76B | €416 | €1,684 | +€1,268 | +305% |
| Recurring financial income | 75 | €416 | €1,684 | +€1,268 | +305% |
| Financial charges | 65/66B | €3,311 | €5,099 | +€1,788 | +54.0% |
| Recurring financial charges | 65 | €3,311 | €5,099 | +€1,788 | +54.0% |
| Profit (loss) for the period before taxes | 9903 | €15,585 | €3,361 | -€12,224 | -78.4% |
| Income taxes | 67/77 | €1,661 | €1,726 | +€65 | +3.9% |
| Profit (loss) for the period | 9904 | €13,924 | €1,635 | -€12,289 | -88.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,924 | €1,635 | -€12,289 | -88.3% |
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 19 October 2026 via checked.be.