Petimco: 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.
Petimco
Largest movements
- Tangible fixed assets +€802,641
up €802,641 (+481.2%), from €166,808 to €969,448
of which Land and buildings: +€908,450
- Cash +€283,402
up €283,402 (+872.0%), from €32,502 to €315,904
mainly Debts after one year (+€449,732) and Net result for the year (+€421,658)
- Debts after one year +€449,732
up €449,732 (+1785.2%), from €25,192 to €474,924
- Reserves +€421,658
up €421,658 (+286.4%), from €147,230 to €568,888
of which Tax-exempt reserves: +€474,221
- Provisions +€158,074
new in 2025: €158,074
- Current portion of long-term debt +€36,521
up €36,521 (+332.9%), from €10,969 to €47,490
- Other debts +€15,085
up €15,085 (+433.5%), from €3,480 to €18,565
- Gross operating margin +€603,999
up €603,999 (+1379.7%), from €43,777 to €647,776
- Depreciation +€27,336
up €27,336 (+84.0%), from €32,544 to €59,881
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 | €211,266 | €1,300,295 | +€1.1m | +515.5% |
| Fixed assets | 21/28 | €166,808 | €969,448 | +€802,641 | +481.2% |
| Tangible fixed assets | 22/27 | €166,808 | €969,448 | +€802,641 | +481.2% |
| Land and buildings | 22 | - | €908,450 | +€908,450 | |
| Plant, machinery and equipment | 23 | €1,187 | €911 | -€276 | -23.3% |
| Furniture and vehicles | 24 | €75,638 | €60,088 | -€15,550 | -20.6% |
| Other tangible fixed assets | 26 | €89,983 | - | -€89,983 | |
| Current assets | 29/58 | €44,458 | €330,847 | +€286,389 | +644.2% |
| Amounts receivable within one year | 40/41 | €10,299 | €14,240 | +€3,941 | +38.3% |
| Trade receivables | 40 | €10,299 | €13,332 | +€3,033 | +29.5% |
| Other amounts receivable | 41 | - | €908 | +€908 | |
| Cash at bank and in hand | 54/58 | €32,502 | €315,904 | +€283,402 | +872.0% |
| Deferred charges and accrued income | 490/1 | €1,657 | €703 | -€954 | -57.6% |
| Total equity and liabilities | 10/49 | €211,266 | €1,300,295 | +€1.1m | +515.5% |
| Equity | 10/15 | €167,230 | €588,888 | +€421,658 | +252.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €147,230 | €568,888 | +€421,658 | +286.4% |
| Tax-exempt reserves | 132 | - | €474,221 | +€474,221 | |
| Distributable reserves | 133 | €147,230 | €94,667 | -€52,563 | -35.7% |
| Provisions and deferred taxes | 16 | - | €158,074 | +€158,074 | |
| Deferred taxes | 168 | - | €158,074 | +€158,074 | |
| Amounts payable | 17/49 | €44,035 | €553,334 | +€509,298 | +1156.6% |
| Amounts payable after more than one year | 17 | €25,192 | €474,924 | +€449,732 | +1785.2% |
| Financial debts | 170/4 | €25,192 | €474,924 | +€449,732 | +1785.2% |
| Amounts payable within one year | 42/48 | €18,297 | €77,237 | +€58,939 | +322.1% |
| Current portion of amounts payable after more than one year | 42 | €10,969 | €47,490 | +€36,521 | +332.9% |
| Trade debts | 44 | €109 | €4,182 | +€4,073 | +3752.2% |
| Suppliers | 440/4 | €109 | €4,182 | +€4,073 | +3752.2% |
| Taxes, remuneration and social security | 45 | €3,740 | €7,000 | +€3,260 | +87.2% |
| Taxes | 450/3 | €914 | €7,000 | +€6,086 | +666.2% |
| Remuneration and social security | 454/9 | €2,826 | €0 | -€2,826 | -100.0% |
| Other amounts payable | 47/48 | €3,480 | €18,565 | +€15,085 | +433.5% |
| Accrued charges and deferred income | 492/3 | €546 | €1,173 | +€627 | +114.8% |
| Non-recurring operating income | 76A | - | €635,869 | +€635,869 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,544 | €59,881 | +€27,336 | +84.0% |
| Other operating charges | 640/8 | €3,937 | €5,258 | +€1,321 | +33.5% |
| Gross operating margin | 9900 | €43,777 | €647,776 | +€603,999 | +1379.7% |
| Operating profit (loss) | 9901 | €7,295 | €582,638 | +€575,342 | +7886.3% |
| Financial income | 75/76B | - | €2,874 | +€2,874 | |
| Recurring financial income | 75 | - | €2,874 | +€2,874 | |
| Financial charges | 65/66B | €1,833 | €5,576 | +€3,743 | +204.2% |
| Recurring financial charges | 65 | €1,833 | €5,576 | +€3,743 | +204.2% |
| Profit (loss) for the period before taxes | 9903 | €5,462 | €579,936 | +€574,473 | +10516.7% |
| Transfer from deferred taxes | 780 | - | €893 | +€893 | |
| Transfer to deferred taxes | 680 | - | €158,967 | +€158,967 | |
| Income taxes | 67/77 | €689 | €204 | -€485 | -70.3% |
| Profit (loss) for the period | 9904 | €4,773 | €421,658 | +€416,885 | +8733.9% |
| Transfer from tax-exempt reserves | 789 | - | €2,680 | +€2,680 | |
| Transfer to tax-exempt reserves | 689 | - | €476,901 | +€476,901 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,773 | -€52,563 | -€57,337 |
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 12 October 2026 via checked.be.