PETILLION CONSTRUCT: 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.
PETILLION CONSTRUCT
Largest movements
- Receivables within one year +€283,823
up €283,823 (+82.5%), from €343,828 to €627,651
of which Trade receivables: +€283,603
- Cash +€15,196
up €15,196 (+136.4%), from €11,141 to €26,337
mainly Other debts (+€192,731) and Tax, wage and social debts (+€41,355)
- Tangible fixed assets +€9,670
up €9,670 (+6.8%), from €141,737 to €151,407
of which Plant, machinery and equipment: +€23,670
- Other debts +€192,731
up €192,731 (+101.3%), from €190,192 to €382,923
- Tax, wage and social debts +€41,355
up €41,355 (+295.4%), from €13,998 to €55,353
of which Taxes: +€41,275
- Debts after one year +€33,141
new in 2025: €33,141
- Profit (loss) carried forward +€29,978
new in 2025: €29,978
- Trade debts +€23,675
up €23,675 (+15.4%), from €153,487 to €177,162
- Gross operating margin +€58,458
up €58,458 (+39.2%), from €149,316 to €207,774
- Staff costs +€22,648
up €22,648 (+25.9%), from €87,585 to €110,233
- Taxes +€6,942
up €6,942 (+226.6%), from €3,064 to €10,006
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 | €542,382 | €850,926 | +€308,544 | +56.9% |
| Fixed assets | 21/28 | €141,737 | €151,407 | +€9,670 | +6.8% |
| Tangible fixed assets | 22/27 | €141,737 | €151,407 | +€9,670 | +6.8% |
| Plant, machinery and equipment | 23 | €102,218 | €125,888 | +€23,670 | +23.2% |
| Furniture and vehicles | 24 | €39,519 | €25,519 | -€14,000 | -35.4% |
| Current assets | 29/58 | €400,645 | €699,518 | +€298,873 | +74.6% |
| Stocks and contracts in progress | 3 | €45,530 | €45,530 | = | 0.0% |
| Stocks | 30/36 | €45,530 | €45,530 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €343,828 | €627,651 | +€283,823 | +82.5% |
| Trade receivables | 40 | €343,828 | €627,431 | +€283,603 | +82.5% |
| Other amounts receivable | 41 | - | €220 | +€220 | |
| Cash at bank and in hand | 54/58 | €11,141 | €26,337 | +€15,196 | +136.4% |
| Deferred charges and accrued income | 490/1 | €146 | - | -€146 | |
| Total equity and liabilities | 10/49 | €542,382 | €850,926 | +€308,544 | +56.9% |
| Equity | 10/15 | €156,126 | €186,103 | +€29,978 | +19.2% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €0 | = | |
| Reserves | 13 | €6,126 | €6,126 | = | 0.0% |
| Distributable reserves | 133 | €6,126 | €6,126 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €29,978 | +€29,978 | |
| Amounts payable | 17/49 | €386,257 | €664,823 | +€278,566 | +72.1% |
| Amounts payable after more than one year | 17 | - | €33,141 | +€33,141 | |
| Financial debts | 170/4 | - | €33,141 | +€33,141 | |
| Amounts payable within one year | 42/48 | €357,676 | €624,185 | +€266,509 | +74.5% |
| Financial debts | 43 | - | €8,748 | +€8,748 | |
| Credit institutions | 430/8 | - | €8,748 | +€8,748 | |
| Trade debts | 44 | €153,487 | €177,162 | +€23,675 | +15.4% |
| Suppliers | 440/4 | €153,487 | €177,162 | +€23,675 | +15.4% |
| Taxes, remuneration and social security | 45 | €13,998 | €55,353 | +€41,355 | +295.4% |
| Taxes | 450/3 | €4,503 | €45,778 | +€41,275 | +916.7% |
| Remuneration and social security | 454/9 | €9,495 | €9,574 | +€80 | +0.8% |
| Other amounts payable | 47/48 | €190,192 | €382,923 | +€192,731 | +101.3% |
| Accrued charges and deferred income | 492/3 | €28,580 | €7,496 | -€21,085 | -73.8% |
| Non-recurring operating income | 76A | - | €5,200 | +€5,200 | |
| Remuneration, social security and pensions | 62 | €87,585 | €110,233 | +€22,648 | +25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,967 | €39,681 | -€1,286 | -3.1% |
| Other operating charges | 640/8 | €10,886 | €11,945 | +€1,059 | +9.7% |
| Non-recurring operating charges | 66A | - | €5,200 | +€5,200 | |
| Gross operating margin | 9900 | €149,316 | €207,774 | +€58,458 | +39.2% |
| Operating profit (loss) | 9901 | €9,878 | €40,715 | +€30,837 | +312.2% |
| Financial income | 75/76B | €49 | €343 | +€294 | +602.5% |
| Recurring financial income | 75 | €49 | €343 | +€294 | +602.5% |
| Financial charges | 65/66B | €737 | €1,074 | +€337 | +45.7% |
| Recurring financial charges | 65 | €737 | €1,074 | +€337 | +45.7% |
| Profit (loss) for the period before taxes | 9903 | €9,189 | €39,983 | +€30,794 | +335.1% |
| Income taxes | 67/77 | €3,064 | €10,006 | +€6,942 | +226.6% |
| Profit (loss) for the period | 9904 | €6,126 | €29,978 | +€23,852 | +389.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,126 | €29,978 | +€23,852 | +389.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.