PETIT THAI: 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 THAI
Largest movements
- Tangible fixed assets +€46,746
up €46,746 (+5.4%), from €872,432 to €919,177
of which Other tangible fixed assets: +€69,322
- Cash +€46,462
up €46,462 (+87.9%), from €52,882 to €99,344
mainly Net result for the year (+€107,808) and Depreciation (+€71,001)
- Receivables within one year +€16,860
up €16,860 (+80.6%), from €20,931 to €37,790
of which Trade receivables: +€15,584
- Reserves +€59,000
up €59,000 (+120%), from €49,000 to €108,000
- Tax, wage and social debts +€46,656
up €46,656 (+264%), from €17,699 to €64,356
of which Taxes: +€28,443
- Debts after one year -€44,331
down €44,331 (-5.6%), from €797,187 to €752,856
- Other debts +€41,650
new in 2025: €41,650
- Trade debts +€12,932
up €12,932 (+42.2%), from €30,618 to €43,551
- Gross operating margin +€252,102
up €252,102 (+138%), from €182,402 to €434,504
- Staff costs +€120,215
up €120,215 (+142%), from €84,465 to €204,680
- Taxes +€24,633
up €24,633, from €0 to €24,633
- Depreciation +€17,172
up €17,172 (+31.9%), from €53,828 to €71,001
- Financial charges +€4,966
up €4,966 (+26.9%), from €18,475 to €23,441
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 | €948,851 | €1,065,796 | +€116,945 | +12.3% |
| Fixed assets | 21/28 | €872,432 | €919,177 | +€46,746 | +5.4% |
| Tangible fixed assets | 22/27 | €872,432 | €919,177 | +€46,746 | +5.4% |
| Land and buildings | 22 | €396,535 | €372,465 | -€24,070 | -6.1% |
| Plant, machinery and equipment | 23 | €11,884 | €8,617 | -€3,267 | -27.5% |
| Furniture and vehicles | 24 | €4,617 | €9,379 | +€4,762 | +103% |
| Other tangible fixed assets | 26 | €459,396 | €528,717 | +€69,322 | +15.1% |
| Current assets | 29/58 | €76,420 | €146,618 | +€70,199 | +91.9% |
| Stocks and contracts in progress | 3 | €1,681 | €1,681 | = | 0.0% |
| Stocks | 30/36 | €1,681 | €1,681 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,931 | €37,790 | +€16,860 | +80.6% |
| Trade receivables | 40 | €20,931 | €36,514 | +€15,584 | +74.5% |
| Other amounts receivable | 41 | €0 | €1,276 | +€1,276 | |
| Cash at bank and in hand | 54/58 | €52,882 | €99,344 | +€46,462 | +87.9% |
| Deferred charges and accrued income | 490/1 | €926 | €7,803 | +€6,877 | +743% |
| Total equity and liabilities | 10/49 | €948,851 | €1,065,796 | +€116,945 | +12.3% |
| Equity | 10/15 | €55,507 | €114,314 | +€58,808 | +106% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €49,000 | €108,000 | +€59,000 | +120% |
| Distributable reserves | 133 | €49,000 | €108,000 | +€59,000 | +120% |
| Profit (loss) carried forward | 14 | €307 | €114 | -€192 | -62.7% |
| Amounts payable | 17/49 | €893,345 | €951,482 | +€58,137 | +6.5% |
| Amounts payable after more than one year | 17 | €797,187 | €752,856 | -€44,331 | -5.6% |
| Financial debts | 170/4 | €797,187 | €752,856 | -€44,331 | -5.6% |
| Amounts payable within one year | 42/48 | €94,402 | €196,948 | +€102,546 | +109% |
| Current portion of amounts payable after more than one year | 42 | €46,084 | €47,392 | +€1,307 | +2.8% |
| Trade debts | 44 | €30,618 | €43,551 | +€12,932 | +42.2% |
| Suppliers | 440/4 | €30,618 | €43,551 | +€12,932 | +42.2% |
| Taxes, remuneration and social security | 45 | €17,699 | €64,356 | +€46,656 | +264% |
| Taxes | 450/3 | €9,583 | €38,026 | +€28,443 | +297% |
| Remuneration and social security | 454/9 | €8,117 | €26,330 | +€18,213 | +224% |
| Other amounts payable | 47/48 | - | €41,650 | +€41,650 | |
| Accrued charges and deferred income | 492/3 | €1,755 | €1,677 | -€78 | -4.4% |
| Remuneration, social security and pensions | 62 | €84,465 | €204,680 | +€120,215 | +142% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,828 | €71,001 | +€17,172 | +31.9% |
| Other operating charges | 640/8 | €3,250 | €2,943 | -€308 | -9.5% |
| Gross operating margin | 9900 | €182,402 | €434,504 | +€252,102 | +138% |
| Operating profit (loss) | 9901 | €40,859 | €155,881 | +€115,022 | +282% |
| Financial income | 75/76B | €36 | €0 | -€36 | -99.9% |
| Recurring financial income | 75 | €36 | €0 | -€36 | -99.9% |
| Financial charges | 65/66B | €18,475 | €23,441 | +€4,966 | +26.9% |
| Recurring financial charges | 65 | €18,475 | €23,441 | +€4,966 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | €22,420 | €132,440 | +€110,021 | +491% |
| Income taxes | 67/77 | €0 | €24,633 | +€24,633 | |
| Profit (loss) for the period | 9904 | €22,420 | €107,808 | +€85,388 | +381% |
| Profit (loss) for the period to be appropriated | 9905 | €22,420 | €107,808 | +€85,388 | +381% |
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 21 October 2026 via checked.be.