Petra en Glenn: 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 en Glenn
Largest movements
- Current investments +€75,000
new in 2025: €75,000
- Cash -€48,267
down €48,267 (-48.3%), from €99,919 to €51,652
mainly Current investments (-€75,000) and Tax, wage and social debts (-€14,309)
- Tangible fixed assets -€3,710
down €3,710 (-14.5%), from €25,557 to €21,847
of which Furniture and vehicles: -€3,281
- Receivables within one year +€1,956
up €1,956 (+20.1%), from €9,716 to €11,671
- Reserves +€42,197
up €42,197 (+42.3%), from €99,786 to €141,983
- Tax, wage and social debts -€14,309
down €14,309 (-49.8%), from €28,720 to €14,412
- Other debts -€2,692
down €2,692 (-98.6%), from €2,729 to €37
- Gross operating margin +€3,777
up €3,777 (+6.0%), from €62,562 to €66,339
- Taxes +€3,627
up €3,627 (+29.8%), from €12,157 to €15,784
- Financial income -€1,529
down €1,529 (-99.6%), from €1,535 to €6
- Depreciation +€937
up €937 (+16.8%), from €5,586 to €6,523
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 | €135,545 | €160,560 | +€25,015 | +18.5% |
| Fixed assets | 21/28 | €25,557 | €21,847 | -€3,710 | -14.5% |
| Tangible fixed assets | 22/27 | €25,557 | €21,847 | -€3,710 | -14.5% |
| Plant, machinery and equipment | 23 | €1,739 | €1,310 | -€429 | -24.6% |
| Furniture and vehicles | 24 | €23,818 | €20,537 | -€3,281 | -13.8% |
| Current assets | 29/58 | €109,989 | €138,713 | +€28,725 | +26.1% |
| Amounts receivable within one year | 40/41 | €9,716 | €11,671 | +€1,956 | +20.1% |
| Trade receivables | 40 | €9,716 | €11,671 | +€1,956 | +20.1% |
| Current investments | 50/53 | - | €75,000 | +€75,000 | |
| Cash at bank and in hand | 54/58 | €99,919 | €51,652 | -€48,267 | -48.3% |
| Deferred charges and accrued income | 490/1 | €354 | €389 | +€35 | +10.0% |
| Total equity and liabilities | 10/49 | €135,545 | €160,560 | +€25,015 | +18.5% |
| Equity | 10/15 | €103,786 | €145,983 | +€42,197 | +40.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €99,786 | €141,983 | +€42,197 | +42.3% |
| Distributable reserves | 133 | €99,786 | €141,983 | +€42,197 | +42.3% |
| Amounts payable | 17/49 | €31,760 | €14,577 | -€17,182 | -54.1% |
| Amounts payable within one year | 42/48 | €31,760 | €14,577 | -€17,182 | -54.1% |
| Trade debts | 44 | €310 | €129 | -€182 | -58.6% |
| Suppliers | 440/4 | €310 | €129 | -€182 | -58.6% |
| Taxes, remuneration and social security | 45 | €28,720 | €14,412 | -€14,309 | -49.8% |
| Taxes | 450/3 | €28,720 | €14,412 | -€14,309 | -49.8% |
| Other amounts payable | 47/48 | €2,729 | €37 | -€2,692 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,586 | €6,523 | +€937 | +16.8% |
| Other operating charges | 640/8 | €1,727 | €1,725 | -€2 | -0.1% |
| Gross operating margin | 9900 | €62,562 | €66,339 | +€3,777 | +6.0% |
| Operating profit (loss) | 9901 | €55,249 | €58,091 | +€2,842 | +5.1% |
| Financial income | 75/76B | €1,535 | €6 | -€1,529 | -99.6% |
| Recurring financial income | 75 | €1,535 | €6 | -€1,529 | -99.6% |
| Financial charges | 65/66B | €161 | €116 | -€45 | -28.2% |
| Recurring financial charges | 65 | €161 | €116 | -€45 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €56,623 | €57,982 | +€1,358 | +2.4% |
| Income taxes | 67/77 | €12,157 | €15,784 | +€3,627 | +29.8% |
| Profit (loss) for the period | 9904 | €44,466 | €42,197 | -€2,269 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,466 | €42,197 | -€2,269 | -5.1% |
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 23 October 2026 via checked.be.