PETRANGO: 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.
PETRANGO
Largest movements
- Cash +€9,190
up €9,190 (+124%), from €7,397 to €16,587
mainly Net result for the year (+€45,050) and Depreciation (+€25,821)
- Reserves +€45,050
up €45,050 (+62.9%), from €71,592 to €116,642
of which Distributable reserves: +€49,644
- Other debts -€28,564
down €28,564 (-92.6%), from €30,843 to €2,279
- Tax, wage and social debts -€7,392
down €7,392 (-48.8%), from €15,144 to €7,752
- Taxes +€4,928
up €4,928 (+27.6%), from €17,824 to €22,752
- Gross operating margin -€1,657
down €1,657 (-1.6%), from €102,632 to €100,975
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 | €366,225 | €375,786 | +€9,561 | +2.6% |
| Fixed assets | 21/28 | €357,068 | €357,375 | +€306 | +0.1% |
| Tangible fixed assets | 22/27 | €357,068 | €357,375 | +€306 | +0.1% |
| Land and buildings | 22 | €357,068 | €357,375 | +€306 | +0.1% |
| Current assets | 29/58 | €9,157 | €18,412 | +€9,255 | +101% |
| Cash at bank and in hand | 54/58 | €7,397 | €16,587 | +€9,190 | +124% |
| Deferred charges and accrued income | 490/1 | €1,760 | €1,825 | +€65 | +3.7% |
| Total equity and liabilities | 10/49 | €366,225 | €375,786 | +€9,561 | +2.6% |
| Equity | 10/15 | €276,592 | €321,642 | +€45,050 | +16.3% |
| Contributions | 10/11 | €205,000 | €205,000 | = | 0.0% |
| Contributions outside capital | 11 | €205,000 | - | -€205,000 | |
| Other | 1109/19 | €205,000 | - | -€205,000 | |
| Reserves | 13 | €71,592 | €116,642 | +€45,050 | +62.9% |
| Tax-exempt reserves | 132 | €29,994 | €25,399 | -€4,594 | -15.3% |
| Distributable reserves | 133 | €41,598 | €91,243 | +€49,644 | +119% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €9,998 | €8,466 | -€1,531 | -15.3% |
| Deferred taxes | 168 | €9,998 | €8,466 | -€1,531 | -15.3% |
| Amounts payable | 17/49 | €79,635 | €45,678 | -€33,957 | -42.6% |
| Amounts payable after more than one year | 17 | €33,461 | €33,461 | = | 0.0% |
| Other amounts payable | 178/9 | €33,461 | €33,461 | = | 0.0% |
| Amounts payable within one year | 42/48 | €46,175 | €12,218 | -€33,957 | -73.5% |
| Trade debts | 44 | €188 | €2,186 | +€1,998 | +1,064% |
| Suppliers | 440/4 | €188 | €2,186 | +€1,998 | +1,064% |
| Taxes, remuneration and social security | 45 | €15,144 | €7,752 | -€7,392 | -48.8% |
| Taxes | 450/3 | €15,144 | €7,752 | -€7,392 | -48.8% |
| Other amounts payable | 47/48 | €30,843 | €2,279 | -€28,564 | -92.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,787 | €25,821 | -€966 | -3.6% |
| Other operating charges | 640/8 | €8,684 | €8,839 | +€154 | +1.8% |
| Gross operating margin | 9900 | €102,632 | €100,975 | -€1,657 | -1.6% |
| Operating profit (loss) | 9901 | €67,161 | €66,315 | -€845 | -1.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €67,117 | €66,271 | -€846 | -1.3% |
| Transfer from deferred taxes | 780 | €1,531 | €1,531 | = | 0.0% |
| Income taxes | 67/77 | €17,824 | €22,752 | +€4,928 | +27.6% |
| Profit (loss) for the period | 9904 | €50,824 | €45,050 | -€5,775 | -11.4% |
| Transfer from tax-exempt reserves | 789 | €4,594 | €4,594 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,419 | €49,644 | -€5,775 | -10.4% |
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.