PETIT CREUX: 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.
PETIT CREUX
Largest movements
- Intangible fixed assets -€20,000
down €20,000 (-30.8%), from €64,932 to €44,932
- Tangible fixed assets +€6,175
up €6,175 (+4.4%), from €141,333 to €147,508
of which Plant, machinery and equipment: +€10,229
- Cash -€4,358
down €4,358 (-31.0%), from €14,038 to €9,680
mainly Debts after one year (-€33,872) and Investment in fixed assets (net) (-€33,001)
- Debts after one year -€33,872
down €33,872 (-25.1%), from €134,699 to €100,827
- Other debts +€9,846
up €9,846 (+28.9%), from €34,104 to €43,950
- Staff costs -€18,003
down €18,003 (-21.8%), from €82,730 to €64,727
- Depreciation +€8,981
up €8,981 (+23.7%), from €37,845 to €46,826
- Gross operating margin +€5,538
up €5,538 (+4.7%), from €116,609 to €122,148
- Other operating charges -€1,931
down €1,931 (-37.2%), from €5,190 to €3,260
- Financial charges +€1,536
up €1,536 (+32.1%), from €4,783 to €6,319
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 | €224,304 | €204,721 | -€19,582 | -8.7% |
| Fixed assets | 21/28 | €206,469 | €192,644 | -€13,825 | -6.7% |
| Intangible fixed assets | 21 | €64,932 | €44,932 | -€20,000 | -30.8% |
| Tangible fixed assets | 22/27 | €141,333 | €147,508 | +€6,175 | +4.4% |
| Plant, machinery and equipment | 23 | €87,752 | €97,981 | +€10,229 | +11.7% |
| Furniture and vehicles | 24 | €53,581 | €49,527 | -€4,054 | -7.6% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €17,834 | €12,077 | -€5,757 | -32.3% |
| Stocks and contracts in progress | 3 | €1,129 | €1,117 | -€12 | -1.1% |
| Stocks | 30/36 | €1,129 | €1,117 | -€12 | -1.1% |
| Amounts receivable within one year | 40/41 | €182 | €85 | -€97 | -53.3% |
| Other amounts receivable | 41 | €182 | €85 | -€97 | -53.3% |
| Cash at bank and in hand | 54/58 | €14,038 | €9,680 | -€4,358 | -31.0% |
| Deferred charges and accrued income | 490/1 | €2,485 | €1,195 | -€1,290 | -51.9% |
| Total equity and liabilities | 10/49 | €224,304 | €204,721 | -€19,582 | -8.7% |
| Equity | 10/15 | €5,208 | €6,322 | +€1,114 | +21.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,792 | -€3,678 | +€1,114 | +23.2% |
| Amounts payable | 17/49 | €219,095 | €198,399 | -€20,696 | -9.4% |
| Amounts payable after more than one year | 17 | €134,699 | €100,827 | -€33,872 | -25.1% |
| Financial debts | 170/4 | €134,699 | €100,827 | -€33,872 | -25.1% |
| Amounts payable within one year | 42/48 | €82,695 | €96,029 | +€13,334 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €32,614 | €33,872 | +€1,258 | +3.9% |
| Trade debts | 44 | €6,942 | €7,731 | +€789 | +11.4% |
| Suppliers | 440/4 | €6,942 | €7,731 | +€789 | +11.4% |
| Taxes, remuneration and social security | 45 | €9,035 | €10,476 | +€1,441 | +16.0% |
| Taxes | 450/3 | €245 | €3,594 | +€3,349 | +1,365% |
| Remuneration and social security | 454/9 | €8,789 | €6,881 | -€1,908 | -21.7% |
| Other amounts payable | 47/48 | €34,104 | €43,950 | +€9,846 | +28.9% |
| Accrued charges and deferred income | 492/3 | €1,701 | €1,544 | -€158 | -9.3% |
| Remuneration, social security and pensions | 62 | €82,730 | €64,727 | -€18,003 | -21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,845 | €46,826 | +€8,981 | +23.7% |
| Other operating charges | 640/8 | €5,190 | €3,260 | -€1,931 | -37.2% |
| Gross operating margin | 9900 | €116,609 | €122,148 | +€5,538 | +4.7% |
| Operating profit (loss) | 9901 | -€9,156 | €7,335 | +€16,491 | |
| Financial income | 75/76B | €63 | €97 | +€34 | +53.8% |
| Recurring financial income | 75 | €63 | €97 | +€34 | +53.8% |
| Financial charges | 65/66B | €4,783 | €6,319 | +€1,536 | +32.1% |
| Recurring financial charges | 65 | €4,783 | €6,319 | +€1,536 | +32.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,876 | €1,114 | +€14,989 | |
| Profit (loss) for the period | 9904 | -€13,876 | €1,114 | +€14,989 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,876 | €1,114 | +€14,989 |
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 27 October 2026 via checked.be.