PETILLON XAVIER: 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.
PETILLON XAVIER
Largest movements
- Cash -€3,529
down €3,529 (-80.4%), from €4,387 to €858
mainly Provisions (-€42,628) and Other debts (-€1,511)
- Provisions -€42,628
down €42,628 (-100%), from €42,628 to €0
- Profit (loss) carried forward +€41,530
up €41,530 (+146%), from €28,427 to €69,956
- Other debts -€1,511
down €1,511 (-4.5%), from €33,698 to €32,187
- Gross operating margin +€47,103
up €47,103, from -€4,812 to €42,291
- Financial charges -€4,966
down €4,966 (-90.0%), from €5,518 to €553
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 | €149,827 | €146,298 | -€3,529 | -2.4% |
| Fixed assets | 21/28 | €145,440 | €145,440 | = | 0.0% |
| Tangible fixed assets | 22/27 | €144,540 | €144,540 | = | 0.0% |
| Land and buildings | 22 | €144,540 | €144,540 | = | 0.0% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €4,387 | €858 | -€3,529 | -80.4% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €4,387 | €858 | -€3,529 | -80.4% |
| Total equity and liabilities | 10/49 | €149,827 | €146,298 | -€3,529 | -2.4% |
| Equity | 10/15 | €71,082 | €112,612 | +€41,530 | +58.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €24,063 | €24,063 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,022 | €16,022 | = | 0.0% |
| Distributable reserves | 133 | €8,041 | €8,041 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,427 | €69,956 | +€41,530 | +146% |
| Provisions and deferred taxes | 16 | €42,628 | €0 | -€42,628 | -100% |
| Provisions for liabilities and charges | 160/5 | €42,628 | €0 | -€42,628 | -100% |
| Other liabilities and charges | 164/5 | €42,628 | €0 | -€42,628 | -100% |
| Amounts payable | 17/49 | €36,117 | €33,687 | -€2,430 | -6.7% |
| Amounts payable within one year | 42/48 | €33,698 | €32,187 | -€1,511 | -4.5% |
| Other amounts payable | 47/48 | €33,698 | €32,187 | -€1,511 | -4.5% |
| Accrued charges and deferred income | 492/3 | €2,420 | €1,500 | -€920 | -38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €387 | €209 | -€178 | -46.0% |
| Non-recurring operating charges | 66A | €23,257 | €0 | -€23,257 | -100% |
| Gross operating margin | 9900 | -€4,812 | €42,291 | +€47,103 | |
| Operating profit (loss) | 9901 | -€28,456 | €42,082 | +€70,538 | |
| Financial charges | 65/66B | €5,518 | €553 | -€4,966 | -90.0% |
| Recurring financial charges | 65 | €5,518 | €553 | -€4,966 | -90.0% |
| Profit (loss) for the period before taxes | 9903 | -€33,974 | €41,530 | +€75,504 | |
| Profit (loss) for the period | 9904 | -€33,974 | €41,530 | +€75,504 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,974 | €41,530 | +€75,504 |
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 23 October 2026 via checked.be.