Petial: 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.
Petial
Largest movements
- Receivables after one year +€30,000
new in 2025: €30,000
- Tangible fixed assets +€13,920
up €13,920 (+568.8%), from €2,447 to €16,367
of which Land and buildings: +€14,582
- Cash -€9,369
down €9,369 (-45.3%), from €20,661 to €11,293
mainly Contributions, distributions and other (-€50,000) and Receivables after one year (-€30,000)
- Receivables within one year +€7,182
up €7,182 (+42.7%), from €16,816 to €23,998
of which Trade receivables: +€7,925
- Other debts +€50,521
up €50,521 (+3725.5%), from €1,356 to €51,877
- Reserves -€26,935
down €26,935 (-96.8%), from €27,838 to €903
- Debts after one year +€10,602
new in 2025: €10,602
- Trade debts +€4,535
up €4,535 (+49.4%), from €9,171 to €13,706
- Current portion of long-term debt +€2,479
new in 2025: €2,479
- Gross operating margin +€9,484
up €9,484 (+42.6%), from €22,271 to €31,755
- Taxes +€2,135
up €2,135 (+48.8%), from €4,377 to €6,512
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 | €41,365 | €82,567 | +€41,202 | +99.6% |
| Fixed assets | 21/28 | €2,447 | €16,367 | +€13,920 | +568.8% |
| Tangible fixed assets | 22/27 | €2,447 | €16,367 | +€13,920 | +568.8% |
| Land and buildings | 22 | - | €14,582 | +€14,582 | |
| Plant, machinery and equipment | 23 | €2,447 | €1,786 | -€662 | -27.0% |
| Current assets | 29/58 | €38,918 | €66,200 | +€27,282 | +70.1% |
| Amounts receivable after more than one year | 29 | - | €30,000 | +€30,000 | |
| Other amounts receivable | 291 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €16,816 | €23,998 | +€7,182 | +42.7% |
| Trade receivables | 40 | €14,263 | €22,188 | +€7,925 | +55.6% |
| Other amounts receivable | 41 | €2,553 | €1,810 | -€743 | -29.1% |
| Cash at bank and in hand | 54/58 | €20,661 | €11,293 | -€9,369 | -45.3% |
| Deferred charges and accrued income | 490/1 | €1,441 | €909 | -€531 | -36.9% |
| Total equity and liabilities | 10/49 | €41,365 | €82,567 | +€41,202 | +99.6% |
| Equity | 10/15 | €30,838 | €3,903 | -€26,935 | -87.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €27,838 | €903 | -€26,935 | -96.8% |
| Distributable reserves | 133 | €27,838 | €903 | -€26,935 | -96.8% |
| Amounts payable | 17/49 | €10,528 | €78,664 | +€68,137 | +647.2% |
| Amounts payable after more than one year | 17 | - | €10,602 | +€10,602 | |
| Financial debts | 170/4 | - | €10,602 | +€10,602 | |
| Amounts payable within one year | 42/48 | €10,528 | €68,062 | +€57,535 | +546.5% |
| Current portion of amounts payable after more than one year | 42 | - | €2,479 | +€2,479 | |
| Trade debts | 44 | €9,171 | €13,706 | +€4,535 | +49.4% |
| Suppliers | 440/4 | €9,171 | €13,706 | +€4,535 | +49.4% |
| Other amounts payable | 47/48 | €1,356 | €51,877 | +€50,521 | +3725.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €662 | €714 | +€52 | +7.9% |
| Other operating charges | 640/8 | €346 | €459 | +€113 | +32.8% |
| Gross operating margin | 9900 | €22,271 | €31,755 | +€9,484 | +42.6% |
| Operating profit (loss) | 9901 | €21,263 | €30,582 | +€9,319 | +43.8% |
| Financial charges | 65/66B | €1,281 | €1,005 | -€276 | -21.6% |
| Recurring financial charges | 65 | €1,281 | €1,005 | -€276 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €19,983 | €29,577 | +€9,595 | +48.0% |
| Income taxes | 67/77 | €4,377 | €6,512 | +€2,135 | +48.8% |
| Profit (loss) for the period | 9904 | €15,606 | €23,065 | +€7,459 | +47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,606 | €23,065 | +€7,459 | +47.8% |
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 11 October 2026 via checked.be.