PETRA: 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.
PETRA
Largest movements
- Tangible fixed assets +€355,637
up €355,637 (+79.1%), from €449,834 to €805,472
of which Furniture and vehicles: +€353,051
- Current investments +€250,000
new in 2025: €250,000
- Cash -€199,268
down €199,268 (-29.4%), from €677,335 to €478,066
mainly Investment in fixed assets (net) (-€504,650) and Current investments (-€250,000)
- Receivables within one year -€133,413
down €133,413 (-17.1%), from €779,745 to €646,331
of which Trade receivables: -€135,455
- Debts after one year +€277,271
up €277,271 (+738.6%), from €37,540 to €314,811
- Profit (loss) carried forward +€82,354
up €82,354 (+8.1%), from €1.0m to €1.1m
- Trade debts -€75,763
down €75,763 (-20.5%), from €368,851 to €293,088
- Tax, wage and social debts -€24,276
down €24,276 (-25.2%), from €96,516 to €72,240
of which Taxes: -€26,017
- Gross operating margin +€84,356
up €84,356 (+9.9%), from €853,549 to €937,905
- Depreciation +€70,374
up €70,374 (+89.5%), from €78,638 to €149,013
- Staff costs -€28,059
down €28,059 (-4.5%), from €626,203 to €598,144
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 | €1,932,140 | €2,205,997 | +€273,857 | +14.2% |
| Fixed assets | 21/28 | €451,219 | €806,857 | +€355,637 | +78.8% |
| Tangible fixed assets | 22/27 | €449,834 | €805,472 | +€355,637 | +79.1% |
| Land and buildings | 22 | €223,177 | €223,177 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €2,586 | +€2,586 | |
| Furniture and vehicles | 24 | €226,657 | €579,708 | +€353,051 | +155.8% |
| Financial fixed assets | 28 | €1,385 | €1,385 | = | 0.0% |
| Current assets | 29/58 | €1,480,921 | €1,399,140 | -€81,781 | -5.5% |
| Amounts receivable within one year | 40/41 | €779,745 | €646,331 | -€133,413 | -17.1% |
| Trade receivables | 40 | €777,770 | €642,315 | -€135,455 | -17.4% |
| Other amounts receivable | 41 | €1,975 | €4,017 | +€2,042 | +103.4% |
| Current investments | 50/53 | - | €250,000 | +€250,000 | |
| Cash at bank and in hand | 54/58 | €677,335 | €478,066 | -€199,268 | -29.4% |
| Deferred charges and accrued income | 490/1 | €23,842 | €24,743 | +€901 | +3.8% |
| Total equity and liabilities | 10/49 | €1,932,140 | €2,205,997 | +€273,857 | +14.2% |
| Equity | 10/15 | €1,358,114 | €1,440,468 | +€82,354 | +6.1% |
| Contributions | 10/11 | €92,960 | €92,960 | = | 0.0% |
| Capital | 10 | €92,960 | €92,960 | = | 0.0% |
| Issued capital | 100 | €92,960 | €92,960 | = | 0.0% |
| Reserves | 13 | €242,189 | €242,189 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,296 | €9,296 | = | 0.0% |
| Legal reserve | 130 | €9,296 | €9,296 | = | 0.0% |
| Tax-exempt reserves | 132 | €180,302 | €180,302 | = | 0.0% |
| Distributable reserves | 133 | €52,591 | €52,591 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,022,965 | €1,105,318 | +€82,354 | +8.1% |
| Amounts payable | 17/49 | €574,026 | €765,529 | +€191,503 | +33.4% |
| Amounts payable after more than one year | 17 | €37,540 | €314,811 | +€277,271 | +738.6% |
| Financial debts | 170/4 | €37,540 | €314,811 | +€277,271 | +738.6% |
| Amounts payable within one year | 42/48 | €531,920 | €446,334 | -€85,586 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €60,095 | €79,253 | +€19,158 | +31.9% |
| Trade debts | 44 | €368,851 | €293,088 | -€75,763 | -20.5% |
| Suppliers | 440/4 | €368,851 | €293,088 | -€75,763 | -20.5% |
| Advances received on contracts in progress | 46 | €4,639 | €0 | -€4,639 | -100.0% |
| Taxes, remuneration and social security | 45 | €96,516 | €72,240 | -€24,276 | -25.2% |
| Taxes | 450/3 | €48,316 | €22,300 | -€26,017 | -53.8% |
| Remuneration and social security | 454/9 | €48,200 | €49,940 | +€1,741 | +3.6% |
| Other amounts payable | 47/48 | €1,819 | €1,754 | -€65 | -3.6% |
| Accrued charges and deferred income | 492/3 | €4,566 | €4,383 | -€182 | -4.0% |
| Remuneration, social security and pensions | 62 | €626,203 | €598,144 | -€28,059 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,638 | €149,013 | +€70,374 | +89.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,597 | +€5,597 | |
| Other operating charges | 640/8 | €78,694 | €80,440 | +€1,746 | +2.2% |
| Gross operating margin | 9900 | €853,549 | €937,905 | +€84,356 | +9.9% |
| Operating profit (loss) | 9901 | €70,014 | €104,711 | +€34,697 | +49.6% |
| Financial income | 75/76B | €2,207 | €5,768 | +€3,561 | +161.3% |
| Recurring financial income | 75 | €2,207 | €5,768 | +€3,561 | +161.3% |
| Financial charges | 65/66B | €5,762 | €14,309 | +€8,547 | +148.3% |
| Recurring financial charges | 65 | €5,762 | €14,309 | +€8,547 | +148.3% |
| Profit (loss) for the period before taxes | 9903 | €66,459 | €96,170 | +€29,711 | +44.7% |
| Income taxes | 67/77 | €17,145 | €13,816 | -€3,329 | -19.4% |
| Profit (loss) for the period | 9904 | €49,314 | €82,354 | +€33,040 | +67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €49,314 | €82,354 | +€33,040 | +67.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.