PETFIX: 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.
PETFIX
Largest movements
- Receivables within one year -€20,798
down €20,798 (-92.1%), from €22,592 to €1,795
of which Trade receivables: -€21,481
- Cash +€13,374
up €13,374 (+47.6%), from €28,090 to €41,465
mainly Receivables within one year (+€20,798) and Net result for the year (+€11,280)
- Tangible fixed assets -€6,089
down €6,089 (-2.8%), from €216,822 to €210,733
of which Land and buildings: -€6,711
- Stocks and contracts +€4,882
up €4,882 (+12.7%), from €38,348 to €43,230
- Debts after one year -€11,323
down €11,323 (-6.7%), from €168,742 to €157,419
- Reserves +€11,280
up €11,280 (+61.7%), from €18,272 to €29,552
- Trade debts -€6,603
down €6,603 (-10.7%), from €61,467 to €54,864
- Staff costs +€16,771
new in 2025: €16,771
- Gross operating margin +€13,707
up €13,707 (+38.3%), from €35,765 to €49,472
- Taxes -€887
down €887 (-18.9%), from €4,690 to €3,803
- Financial charges -€597
down €597 (-7.6%), from €7,893 to €7,297
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 | €305,888 | €297,258 | -€8,631 | -2.8% |
| Fixed assets | 21/28 | €216,857 | €210,768 | -€6,089 | -2.8% |
| Tangible fixed assets | 22/27 | €216,822 | €210,733 | -€6,089 | -2.8% |
| Land and buildings | 22 | €212,461 | €205,750 | -€6,711 | -3.2% |
| Plant, machinery and equipment | 23 | €4,361 | €4,983 | +€623 | +14.3% |
| Financial fixed assets | 28 | €36 | €36 | = | 0.0% |
| Current assets | 29/58 | €89,031 | €86,489 | -€2,542 | -2.9% |
| Stocks and contracts in progress | 3 | €38,348 | €43,230 | +€4,882 | +12.7% |
| Stocks | 30/36 | €38,348 | €43,230 | +€4,882 | +12.7% |
| Amounts receivable within one year | 40/41 | €22,592 | €1,795 | -€20,798 | -92.1% |
| Trade receivables | 40 | €21,481 | - | -€21,481 | |
| Other amounts receivable | 41 | €1,112 | €1,795 | +€683 | +61.4% |
| Cash at bank and in hand | 54/58 | €28,090 | €41,465 | +€13,374 | +47.6% |
| Total equity and liabilities | 10/49 | €305,888 | €297,258 | -€8,631 | -2.8% |
| Equity | 10/15 | €58,272 | €69,552 | +€11,280 | +19.4% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €18,272 | €29,552 | +€11,280 | +61.7% |
| Distributable reserves | 133 | €18,272 | €29,552 | +€11,280 | +61.7% |
| Amounts payable | 17/49 | €247,616 | €227,706 | -€19,910 | -8.0% |
| Amounts payable after more than one year | 17 | €168,742 | €157,419 | -€11,323 | -6.7% |
| Financial debts | 170/4 | €168,742 | €157,419 | -€11,323 | -6.7% |
| Amounts payable within one year | 42/48 | €78,874 | €70,287 | -€8,587 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €10,903 | €11,323 | +€420 | +3.9% |
| Trade debts | 44 | €61,467 | €54,864 | -€6,603 | -10.7% |
| Suppliers | 440/4 | €61,467 | €54,864 | -€6,603 | -10.7% |
| Taxes, remuneration and social security | 45 | €6,504 | €4,100 | -€2,404 | -37.0% |
| Taxes | 450/3 | €6,504 | €4,100 | -€2,404 | -37.0% |
| Remuneration, social security and pensions | 62 | - | €16,771 | +€16,771 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,486 | €7,839 | +€353 | +4.7% |
| Other operating charges | 640/8 | €2,422 | €2,497 | +€75 | +3.1% |
| Gross operating margin | 9900 | €35,765 | €49,472 | +€13,707 | +38.3% |
| Operating profit (loss) | 9901 | €25,857 | €22,365 | -€3,492 | -13.5% |
| Financial income | 75/76B | €1 | €14 | +€13 | +1240.2% |
| Recurring financial income | 75 | €1 | €14 | +€13 | +1240.2% |
| Financial charges | 65/66B | €7,893 | €7,297 | -€597 | -7.6% |
| Recurring financial charges | 65 | €7,893 | €7,297 | -€597 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €17,964 | €15,083 | -€2,881 | -16.0% |
| Income taxes | 67/77 | €4,690 | €3,803 | -€887 | -18.9% |
| Profit (loss) for the period | 9904 | €13,274 | €11,280 | -€1,994 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,274 | €11,280 | -€1,994 | -15.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.