PETITPAS MANAGEMENT: 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.
PETITPAS MANAGEMENT
Largest movements
- Tangible fixed assets -€12,722
down €12,722 (-6.3%), from €203,061 to €190,340
of which Land and buildings: -€13,116
- Receivables within one year +€8,375
up €8,375 (+122%), from €6,881 to €15,256
of which Trade receivables: +€9,783
- Cash -€3,058
down €3,058 (-6.5%), from €46,823 to €43,765
mainly Debts after one year (-€10,634) and Receivables within one year (-€8,375)
- Debts after one year -€10,634
down €10,634 (-6.0%), from €175,974 to €165,341
- Profit (loss) carried forward +€10,580
up €10,580 (+45.8%), from €23,089 to €33,670
- Other debts -€6,058
down €6,058 (-100%), from €6,058 to €0
- Trade debts +€5,978
up €5,978 (+367%), from €1,628 to €7,606
- Tax, wage and social debts -€4,042
down €4,042 (-41.0%), from €9,859 to €5,817
- Gross operating margin +€5,779
up €5,779 (+21.1%), from €27,326 to €33,105
- Taxes +€1,051
up €1,051 (+49.6%), from €2,119 to €3,169
- Financial income +€486
up €486, from €0 to €486
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 | €258,748 | €253,179 | -€5,569 | -2.2% |
| Fixed assets | 21/28 | €203,561 | €190,840 | -€12,722 | -6.2% |
| Tangible fixed assets | 22/27 | €203,061 | €190,340 | -€12,722 | -6.3% |
| Land and buildings | 22 | €194,335 | €181,219 | -€13,116 | -6.7% |
| Plant, machinery and equipment | 23 | €6,905 | €6,065 | -€840 | -12.2% |
| Furniture and vehicles | 24 | €1,822 | €3,055 | +€1,234 | +67.7% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €55,187 | €62,340 | +€7,153 | +13.0% |
| Amounts receivable within one year | 40/41 | €6,881 | €15,256 | +€8,375 | +122% |
| Trade receivables | 40 | €0 | €9,783 | +€9,783 | |
| Other amounts receivable | 41 | €6,881 | €5,473 | -€1,408 | -20.5% |
| Cash at bank and in hand | 54/58 | €46,823 | €43,765 | -€3,058 | -6.5% |
| Deferred charges and accrued income | 490/1 | €1,482 | €3,319 | +€1,837 | +124% |
| Total equity and liabilities | 10/49 | €258,748 | €253,179 | -€5,569 | -2.2% |
| Equity | 10/15 | €53,089 | €63,670 | +€10,580 | +19.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,089 | €33,670 | +€10,580 | +45.8% |
| Amounts payable | 17/49 | €205,659 | €189,510 | -€16,149 | -7.9% |
| Amounts payable after more than one year | 17 | €175,974 | €165,341 | -€10,634 | -6.0% |
| Financial debts | 170/4 | €175,974 | €165,341 | -€10,634 | -6.0% |
| Amounts payable within one year | 42/48 | €28,034 | €24,057 | -€3,977 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €10,488 | €10,634 | +€146 | +1.4% |
| Trade debts | 44 | €1,628 | €7,606 | +€5,978 | +367% |
| Suppliers | 440/4 | €1,628 | €7,606 | +€5,978 | +367% |
| Taxes, remuneration and social security | 45 | €9,859 | €5,817 | -€4,042 | -41.0% |
| Taxes | 450/3 | €9,859 | €5,817 | -€4,042 | -41.0% |
| Other amounts payable | 47/48 | €6,058 | €0 | -€6,058 | -100% |
| Accrued charges and deferred income | 492/3 | €1,650 | €112 | -€1,538 | -93.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,545 | €14,762 | +€217 | +1.5% |
| Other operating charges | 640/8 | €1,814 | €1,909 | +€95 | +5.2% |
| Non-recurring operating charges | 66A | €21 | €0 | -€21 | -100% |
| Gross operating margin | 9900 | €27,326 | €33,105 | +€5,779 | +21.1% |
| Operating profit (loss) | 9901 | €10,947 | €16,435 | +€5,488 | +50.1% |
| Financial income | 75/76B | €0 | €486 | +€486 | |
| Recurring financial income | 75 | €0 | €486 | +€486 | |
| Financial charges | 65/66B | €3,081 | €3,171 | +€90 | +2.9% |
| Recurring financial charges | 65 | €3,081 | €3,171 | +€90 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €7,866 | €13,750 | +€5,883 | +74.8% |
| Income taxes | 67/77 | €2,119 | €3,169 | +€1,051 | +49.6% |
| Profit (loss) for the period | 9904 | €5,747 | €10,580 | +€4,833 | +84.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,747 | €10,580 | +€4,833 | +84.1% |
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 14 October 2026 via checked.be.