PETO: 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.
PETO
Largest movements
- Receivables within one year +€3,638
up €3,638 (+2.2%), from €163,119 to €166,757
- Other debts +€9,086
up €9,086 (+261.8%), from €3,470 to €12,556
- Profit (loss) carried forward -€6,342
down €6,342, from €1,060 to -€5,282
- Gross operating margin -€10,112
down €10,112, from €5,615 to -€4,497
- Depreciation -€3,938
down €3,938 (-79.1%), from €4,977 to €1,039
- Other operating charges +€128
up €128 (+3.3%), from €3,905 to €4,033
- Taxes -€91
no longer reported in 2025 (was €91)
- Financial income +€59
up €59 (+1.8%), from €3,207 to €3,266
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.
Cash bridge derived
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 | €198,829 | €200,984 | +€2,155 | +1.1% |
| Fixed assets | 21/28 | €33,506 | €32,468 | -€1,039 | -3.1% |
| Tangible fixed assets | 22/27 | €33,506 | €32,468 | -€1,039 | -3.1% |
| Land and buildings | 22 | €32,471 | €31,777 | -€693 | -2.1% |
| Furniture and vehicles | 24 | €1,036 | €690 | -€345 | -33.3% |
| Current assets | 29/58 | €165,322 | €168,517 | +€3,194 | +1.9% |
| Amounts receivable within one year | 40/41 | €163,119 | €166,757 | +€3,638 | +2.2% |
| Other amounts receivable | 41 | €163,119 | €166,757 | +€3,638 | +2.2% |
| Cash at bank and in hand | 54/58 | €2,178 | €1,726 | -€453 | -20.8% |
| Deferred charges and accrued income | 490/1 | €25 | €34 | +€9 | +35.6% |
| Total equity and liabilities | 10/49 | €198,829 | €200,984 | +€2,155 | +1.1% |
| Equity | 10/15 | €194,170 | €187,828 | -€6,342 | -3.3% |
| Contributions | 10/11 | €186,000 | €186,000 | = | 0.0% |
| Capital | 10 | €186,000 | €186,000 | = | 0.0% |
| Issued capital | 100 | €186,000 | €186,000 | = | 0.0% |
| Reserves | 13 | €7,110 | €7,110 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,110 | €7,110 | = | 0.0% |
| Legal reserve | 130 | €7,110 | €7,110 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,060 | -€5,282 | -€6,342 | |
| Amounts payable | 17/49 | €4,659 | €13,156 | +€8,497 | +182.4% |
| Amounts payable within one year | 42/48 | €4,659 | €13,156 | +€8,497 | +182.4% |
| Trade debts | 44 | €1,097 | €508 | -€588 | -53.6% |
| Suppliers | 440/4 | €1,097 | €508 | -€588 | -53.6% |
| Taxes, remuneration and social security | 45 | €91 | €91 | = | 0.0% |
| Taxes | 450/3 | €91 | €91 | = | 0.0% |
| Other amounts payable | 47/48 | €3,470 | €12,556 | +€9,086 | +261.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,977 | €1,039 | -€3,938 | -79.1% |
| Other operating charges | 640/8 | €3,905 | €4,033 | +€128 | +3.3% |
| Gross operating margin | 9900 | €5,615 | -€4,497 | -€10,112 | |
| Operating profit (loss) | 9901 | -€3,267 | -€9,569 | -€6,302 | -192.9% |
| Financial income | 75/76B | €3,207 | €3,266 | +€59 | +1.8% |
| Recurring financial income | 75 | €3,207 | €3,266 | +€59 | +1.8% |
| Financial charges | 65/66B | €38 | €39 | +€1 | +3.6% |
| Recurring financial charges | 65 | €38 | €39 | +€1 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | -€98 | -€6,342 | -€6,244 | -6374.6% |
| Income taxes | 67/77 | €91 | - | -€91 | |
| Profit (loss) for the period | 9904 | -€189 | -€6,342 | -€6,153 | -3250.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€189 | -€6,342 | -€6,153 | -3250.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.