PETES: 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.
PETES
Largest movements
- Tangible fixed assets -€13,262
down €13,262 (-4.0%), from €334,244 to €320,982
of which Land and buildings: -€12,694
- Other debts +€47,652
up €47,652 (+8.9%), from €534,427 to €582,080
- Profit (loss) carried forward -€25,703
down €25,703 (-9.9%), from -€258,940 to -€284,643
- Debts after one year -€23,996
no longer reported in 2025 (was €23,996)
- Current portion of long-term debt -€10,564
down €10,564 (-28.2%), from €37,509 to €26,945
- Gross operating margin -€7,237
down €7,237 (-616.0%), from -€1,175 to -€8,412
- Financial charges -€1,572
down €1,572 (-39.6%), from €3,970 to €2,398
- Depreciation -€184
down €184 (-1.4%), from €13,446 to €13,262
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 | €345,377 | €333,768 | -€11,609 | -3.4% |
| Fixed assets | 21/28 | €334,244 | €320,982 | -€13,262 | -4.0% |
| Tangible fixed assets | 22/27 | €334,244 | €320,982 | -€13,262 | -4.0% |
| Land and buildings | 22 | €330,834 | €318,141 | -€12,694 | -3.8% |
| Other tangible fixed assets | 26 | €3,410 | €2,842 | -€568 | -16.7% |
| Current assets | 29/58 | €11,133 | €12,786 | +€1,653 | +14.8% |
| Cash at bank and in hand | 54/58 | €11,133 | €12,786 | +€1,653 | +14.8% |
| Total equity and liabilities | 10/49 | €345,377 | €333,768 | -€11,609 | -3.4% |
| Equity | 10/15 | -€252,740 | -€278,443 | -€25,703 | -10.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€258,940 | -€284,643 | -€25,703 | -9.9% |
| Amounts payable | 17/49 | €598,117 | €612,211 | +€14,094 | +2.4% |
| Amounts payable after more than one year | 17 | €23,996 | - | -€23,996 | |
| Financial debts | 170/4 | €23,996 | - | -€23,996 | |
| Amounts payable within one year | 42/48 | €574,122 | €612,211 | +€38,089 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €37,509 | €26,945 | -€10,564 | -28.2% |
| Trade debts | 44 | €2,185 | €3,186 | +€1,001 | +45.8% |
| Suppliers | 440/4 | €2,185 | €3,186 | +€1,001 | +45.8% |
| Other amounts payable | 47/48 | €534,427 | €582,080 | +€47,652 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,446 | €13,262 | -€184 | -1.4% |
| Other operating charges | 640/8 | €1,579 | €1,630 | +€51 | +3.3% |
| Gross operating margin | 9900 | -€1,175 | -€8,412 | -€7,237 | -616.0% |
| Operating profit (loss) | 9901 | -€16,200 | -€23,305 | -€7,105 | -43.9% |
| Financial charges | 65/66B | €3,970 | €2,398 | -€1,572 | -39.6% |
| Recurring financial charges | 65 | €3,970 | €2,398 | -€1,572 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | -€20,170 | -€25,703 | -€5,532 | -27.4% |
| Profit (loss) for the period | 9904 | -€20,170 | -€25,703 | -€5,532 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,170 | -€25,703 | -€5,532 | -27.4% |
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 30 September 2026 via checked.be.