PETIT Pascal: what changed
Two fiscal 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.
What changed
PETIT Pascal
NACE 43.990, Other specialised construction activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€8,207
2023 · €26,116-€34,323
Equity
€112,733
2023 · €122,440-€9,707
Cash
€45,956
2023 · €38,456+€7,500
Balance sheet total
€1.0m
2023 · €1.1m-€33,074
Largest movements
Assets
- Receivables within one year -€16,108
down €16,108 (-37.1%), from €43,417 to €27,309
of which Trade receivables: -€12,947
- Tangible fixed assets -€15,110
down €15,110 (-2.0%), from €765,581 to €750,471
of which Land and buildings: -€30,020
Equity and liabilities
- Debts after one year -€29,006
down €29,006 (-4.2%), from €690,244 to €661,238
Income statement
- Gross operating margin -€14,714
down €14,714 (-7.9%), from €187,031 to €172,317
- Depreciation +€9,899
up €9,899 (+21.5%), from €45,971 to €55,871
- Other operating charges +€7,149
up €7,149 (+152.5%), from €4,688 to €11,837
- Financial income -€3,584
down €3,584 (-59.7%), from €6,000 to €2,416
From the 2023 result to the 2024 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.
Result 2023
€26,116
Gross operating margin
-€14,714
Staff costs
-€611
Depreciation
-€9,899
Other operating charges
-€7,149
Financial income
-€3,584
Financial charges
+€1,611
Taxes
+€23
Result 2024
-€8,207
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€73,117
Investment
-€40,761
Financing
-€24,856
Cash 2023
€38,456
From operations (derived)
+€73,117
Net result for the year
-€8,207
Depreciation
+€55,871
Stocks and contracts
-€665
Receivables within one year
+€16,108
Deferred charges and accrued income
+€10,022
Trade debts
+€1,282
Tax, wage and social debts
-€547
Other debts
+€882
Accrued charges and deferred income
-€1,628
Investment (derived)
-€40,761
Investment in fixed assets (net)
-€40,761
Financing
-€24,856
Debts after one year
-€29,006
Current portion of long-term debt
+€5,650
Contributions, distributions and other
-€1,500
Cash 2024
€45,956
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,050,983 | €1,017,909 | -€33,074 | -3.1% |
| Fixed assets | 21/28 | €765,716 | €750,606 | -€15,110 | -2.0% |
| Tangible fixed assets | 22/27 | €765,581 | €750,471 | -€15,110 | -2.0% |
| Land and buildings | 22 | €699,854 | €669,834 | -€30,020 | -4.3% |
| Plant, machinery and equipment | 23 | €2,608 | €3,776 | +€1,168 | +44.8% |
| Furniture and vehicles | 24 | €1,365 | €1,189 | -€176 | -12.9% |
| Leasing and similar rights | 25 | €61,754 | €75,672 | +€13,918 | +22.5% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €285,267 | €267,303 | -€17,964 | -6.3% |
| Stocks and contracts in progress | 3 | €104,719 | €105,384 | +€665 | +0.6% |
| Stocks | 30/36 | €104,719 | €105,384 | +€665 | +0.6% |
| Amounts receivable within one year | 40/41 | €43,417 | €27,309 | -€16,108 | -37.1% |
| Trade receivables | 40 | €35,697 | €22,750 | -€12,947 | -36.3% |
| Other amounts receivable | 41 | €7,720 | €4,559 | -€3,161 | -40.9% |
| Cash at bank and in hand | 54/58 | €38,456 | €45,956 | +€7,500 | +19.5% |
| Deferred charges and accrued income | 490/1 | €98,675 | €88,654 | -€10,022 | -10.2% |
| Total equity and liabilities | 10/49 | €1,050,983 | €1,017,909 | -€33,074 | -3.1% |
| Equity | 10/15 | €122,440 | €112,733 | -€9,707 | -7.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €110,860 | €110,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €109,000 | €109,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,620 | -€26,827 | -€8,207 | -44.1% |
| Investment grants | 15 | €24,000 | €22,500 | -€1,500 | -6.3% |
| Amounts payable | 17/49 | €928,543 | €905,176 | -€23,367 | -2.5% |
| Amounts payable after more than one year | 17 | €690,244 | €661,238 | -€29,006 | -4.2% |
| Financial debts | 170/4 | €690,244 | €661,238 | -€29,006 | -4.2% |
| Amounts payable within one year | 42/48 | €236,671 | €243,938 | +€7,267 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €50,948 | €56,598 | +€5,650 | +11.1% |
| Trade debts | 44 | €4,050 | €5,332 | +€1,282 | +31.6% |
| Suppliers | 440/4 | €4,050 | €5,332 | +€1,282 | +31.6% |
| Taxes, remuneration and social security | 45 | €7,271 | €6,724 | -€547 | -7.5% |
| Taxes | 450/3 | €863 | €460 | -€403 | -46.7% |
| Remuneration and social security | 454/9 | €6,408 | €6,264 | -€143 | -2.2% |
| Other amounts payable | 47/48 | €174,403 | €175,284 | +€882 | +0.5% |
| Accrued charges and deferred income | 492/3 | €1,628 | - | -€1,628 | |
| Remuneration, social security and pensions | 62 | €100,528 | €101,138 | +€611 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,971 | €55,871 | +€9,899 | +21.5% |
| Other operating charges | 640/8 | €4,688 | €11,837 | +€7,149 | +152.5% |
| Gross operating margin | 9900 | €187,031 | €172,317 | -€14,714 | -7.9% |
| Operating profit (loss) | 9901 | €35,844 | €3,470 | -€32,373 | -90.3% |
| Financial income | 75/76B | €6,000 | €2,416 | -€3,584 | -59.7% |
| Recurring financial income | 75 | €6,000 | €2,416 | -€3,584 | -59.7% |
| Financial charges | 65/66B | €15,295 | €13,684 | -€1,611 | -10.5% |
| Recurring financial charges | 65 | €15,295 | €13,684 | -€1,611 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €26,548 | -€7,797 | -€34,346 | |
| Income taxes | 67/77 | €433 | €410 | -€23 | -5.3% |
| Profit (loss) for the period | 9904 | €26,116 | -€8,207 | -€34,323 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,116 | -€8,207 | -€34,323 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.