PETITPIERRE: 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.
PETITPIERRE
Largest movements
- Cash -€14,226
down €14,226 (-42.4%), from €33,573 to €19,346
mainly Contributions, distributions and other (-€70,000) and Other debts (-€14,000)
- Tangible fixed assets -€11,883
down €11,883 (-4.2%), from €285,248 to €273,365
of which Land and buildings: -€6,667
- Other debts -€14,000
down €14,000 (-22.2%), from €63,000 to €49,000
- Debts after one year -€11,582
down €11,582 (-4.5%), from €259,303 to €247,721
- Provisions +€4,997
up €4,997 (+13.2%), from €37,749 to €42,747
- Gross operating margin +€23,222
up €23,222 (+16.1%), from €144,427 to €167,649
- Taxes +€7,824
up €7,824 (+48.9%), from €16,010 to €23,834
- Financial charges -€5,799
down €5,799 (-10.2%), from €56,948 to €51,149
- Depreciation -€3,619
down €3,619 (-20.4%), from €17,708 to €14,089
- Provisions +€3,425
up €3,425 (+218%), from €1,572 to €4,997
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 | €417,945 | €396,384 | -€21,561 | -5.2% |
| Fixed assets | 21/28 | €285,248 | €273,365 | -€11,883 | -4.2% |
| Tangible fixed assets | 22/27 | €285,248 | €273,365 | -€11,883 | -4.2% |
| Land and buildings | 22 | €259,694 | €253,027 | -€6,667 | -2.6% |
| Furniture and vehicles | 24 | €5,249 | €2,608 | -€2,641 | -50.3% |
| Other tangible fixed assets | 26 | €20,305 | €17,729 | -€2,576 | -12.7% |
| Current assets | 29/58 | €132,697 | €123,020 | -€9,678 | -7.3% |
| Amounts receivable within one year | 40/41 | €96,423 | €99,827 | +€3,404 | +3.5% |
| Trade receivables | 40 | - | €7,158 | +€7,158 | |
| Other amounts receivable | 41 | €96,423 | €92,668 | -€3,755 | -3.9% |
| Cash at bank and in hand | 54/58 | €33,573 | €19,346 | -€14,226 | -42.4% |
| Deferred charges and accrued income | 490/1 | €2,701 | €3,846 | +€1,145 | +42.4% |
| Total equity and liabilities | 10/49 | €417,945 | €396,384 | -€21,561 | -5.2% |
| Equity | 10/15 | €14,615 | €16,982 | +€2,367 | +16.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €12,780 | €12,780 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10 | €10 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10 | €10 | = | 0.0% |
| Distributable reserves | 133 | €12,770 | €12,770 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,735 | €4,101 | +€2,367 | +136% |
| Provisions and deferred taxes | 16 | €37,749 | €42,747 | +€4,997 | +13.2% |
| Provisions for liabilities and charges | 160/5 | €37,749 | €42,747 | +€4,997 | +13.2% |
| Other liabilities and charges | 164/5 | €37,749 | €42,747 | +€4,997 | +13.2% |
| Amounts payable | 17/49 | €365,581 | €336,656 | -€28,925 | -7.9% |
| Amounts payable after more than one year | 17 | €259,303 | €247,721 | -€11,582 | -4.5% |
| Financial debts | 170/4 | €259,303 | €247,721 | -€11,582 | -4.5% |
| Amounts payable within one year | 42/48 | €106,278 | €88,935 | -€17,342 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €11,184 | €11,582 | +€399 | +3.6% |
| Trade debts | 44 | €434 | €654 | +€220 | +50.6% |
| Suppliers | 440/4 | €434 | €654 | +€220 | +50.6% |
| Taxes, remuneration and social security | 45 | €31,660 | €27,699 | -€3,961 | -12.5% |
| Taxes | 450/3 | €31,660 | €27,699 | -€3,961 | -12.5% |
| Other amounts payable | 47/48 | €63,000 | €49,000 | -€14,000 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,708 | €14,089 | -€3,619 | -20.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,572 | €4,997 | +€3,425 | +218% |
| Other operating charges | 640/8 | €1,480 | €1,212 | -€268 | -18.1% |
| Non-recurring operating charges | 66A | €851 | - | -€851 | |
| Gross operating margin | 9900 | €144,427 | €167,649 | +€23,222 | +16.1% |
| Operating profit (loss) | 9901 | €122,816 | €147,350 | +€24,534 | +20.0% |
| Financial charges | 65/66B | €56,948 | €51,149 | -€5,799 | -10.2% |
| Recurring financial charges | 65 | €56,948 | €51,149 | -€5,799 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €65,868 | €96,201 | +€30,333 | +46.1% |
| Income taxes | 67/77 | €16,010 | €23,834 | +€7,824 | +48.9% |
| Profit (loss) for the period | 9904 | €49,858 | €72,367 | +€22,509 | +45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,858 | €72,367 | +€22,509 | +45.1% |
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 18 October 2026 via checked.be.