PETETOT PATRICK: 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.
PETETOT PATRICK
Largest movements
- Tangible fixed assets -€104,104
down €104,104 (-71.4%), from €145,737 to €41,633
of which Leasing and similar rights: -€88,768
- Cash +€45,607
up €45,607 (+530%), from €8,606 to €54,212
mainly Investment in fixed assets (net) (+€90,113) and Net result for the year (+€19,781)
- Receivables within one year -€9,452
down €9,452 (-49.7%), from €19,018 to €9,565
of which Other amounts receivable: -€5,032
- Stocks and contracts -€5,431
down €5,431 (-48.9%), from €11,110 to €5,679
- Debts after one year -€77,272
down €77,272 (-82.4%), from €93,741 to €16,469
of which Financial debts: -€77,272
- Profit (loss) carried forward +€19,781
up €19,781 (+53.5%), from -€36,977 to -€17,196
- Current portion of long-term debt -€17,795
down €17,795 (-68.4%), from €26,017 to €8,222
- Tax, wage and social debts +€8,580
new in 2025: €8,580
- Other debts -€6,810
down €6,810 (-30.3%), from €22,497 to €15,687
- Staff costs -€29,851
no longer reported in 2025 (was €29,851)
- Depreciation -€22,542
down €22,542 (-61.4%), from €36,740 to €14,198
- Gross operating margin +€4,500
up €4,500 (+12.8%), from €35,078 to €39,579
- Financial charges +€1,881
up €1,881 (+74.2%), from €2,534 to €4,415
- Financial income -€1,185
down €1,185 (-92.2%), from €1,284 to €100
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 | €185,921 | €112,945 | -€72,976 | -39.3% |
| Fixed assets | 21/28 | €146,079 | €41,768 | -€104,311 | -71.4% |
| Tangible fixed assets | 22/27 | €145,737 | €41,633 | -€104,104 | -71.4% |
| Furniture and vehicles | 24 | €54,465 | €40,235 | -€14,230 | -26.1% |
| Leasing and similar rights | 25 | €88,768 | - | -€88,768 | |
| Other tangible fixed assets | 26 | €2,505 | €1,398 | -€1,107 | -44.2% |
| Financial fixed assets | 28 | €342 | €135 | -€207 | -60.5% |
| Current assets | 29/58 | €39,842 | €71,177 | +€31,335 | +78.6% |
| Stocks and contracts in progress | 3 | €11,110 | €5,679 | -€5,431 | -48.9% |
| Stocks | 30/36 | €11,110 | €5,679 | -€5,431 | -48.9% |
| Amounts receivable within one year | 40/41 | €19,018 | €9,565 | -€9,452 | -49.7% |
| Trade receivables | 40 | €13,986 | €9,565 | -€4,421 | -31.6% |
| Other amounts receivable | 41 | €5,032 | - | -€5,032 | |
| Cash at bank and in hand | 54/58 | €8,606 | €54,212 | +€45,607 | +530% |
| Deferred charges and accrued income | 490/1 | €1,109 | €1,721 | +€612 | +55.1% |
| Total equity and liabilities | 10/49 | €185,921 | €112,945 | -€72,976 | -39.3% |
| Equity | 10/15 | €43,483 | €63,264 | +€19,781 | +45.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €60,000 | €60,000 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,977 | -€17,196 | +€19,781 | +53.5% |
| Amounts payable | 17/49 | €142,438 | €49,681 | -€92,757 | -65.1% |
| Amounts payable after more than one year | 17 | €93,741 | €16,469 | -€77,272 | -82.4% |
| Financial debts | 170/4 | €80,741 | €3,469 | -€77,272 | -95.7% |
| Other amounts payable | 178/9 | €13,000 | €13,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €48,697 | €33,212 | -€15,485 | -31.8% |
| Current portion of amounts payable after more than one year | 42 | €26,017 | €8,222 | -€17,795 | -68.4% |
| Trade debts | 44 | €183 | €723 | +€540 | +296% |
| Suppliers | 440/4 | €183 | €723 | +€540 | +296% |
| Taxes, remuneration and social security | 45 | - | €8,580 | +€8,580 | |
| Taxes | 450/3 | - | €8,580 | +€8,580 | |
| Other amounts payable | 47/48 | €22,497 | €15,687 | -€6,810 | -30.3% |
| Non-recurring operating income | 76A | €1,600 | €38,107 | +€36,507 | +2,282% |
| Remuneration, social security and pensions | 62 | €29,851 | - | -€29,851 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,740 | €14,198 | -€22,542 | -61.4% |
| Other operating charges | 640/8 | €1,671 | €1,049 | -€622 | -37.2% |
| Gross operating margin | 9900 | €35,078 | €39,579 | +€4,500 | +12.8% |
| Operating profit (loss) | 9901 | -€33,183 | €24,332 | +€57,515 | |
| Financial income | 75/76B | €1,284 | €100 | -€1,185 | -92.2% |
| Recurring financial income | 75 | €1,284 | €100 | -€1,185 | -92.2% |
| Financial charges | 65/66B | €2,534 | €4,415 | +€1,881 | +74.2% |
| Recurring financial charges | 65 | €2,534 | €4,415 | +€1,881 | +74.2% |
| Profit (loss) for the period before taxes | 9903 | -€34,432 | €20,017 | +€54,449 | |
| Income taxes | 67/77 | €1,033 | €236 | -€797 | -77.2% |
| Profit (loss) for the period | 9904 | -€35,465 | €19,781 | +€55,246 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,465 | €19,781 | +€55,246 |
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 13 October 2026 via checked.be.