PETRICOR: what changed
PETRICOR
Largest movements
- Receivables within one year +€9,324
up €9,324 (+420%), from €2,222 to €11,546
of which Trade receivables: +€9,371
- Cash +€5,206
up €5,206 (+22.6%), from €23,006 to €28,212
mainly Net result for the year (+€12,058) and Depreciation (+€7,494)
- Tangible fixed assets -€4,328
down €4,328 (-15.0%), from €28,829 to €24,501
of which Furniture and vehicles: -€6,600
- Reserves +€11,225
up €11,225 (+89.7%), from €12,510 to €23,735
- Debts after one year -€8,349
down €8,349 (-45.1%), from €18,503 to €10,154
- Tax, wage and social debts +€7,104
up €7,104 (+76.1%), from €9,335 to €16,438
- Other debts -€1,145
down €1,145 (-42.3%), from €2,708 to €1,563
- Trade debts +€1,053
new in 2025: €1,053
- Gross operating margin -€1,951
down €1,951 (-7.0%), from €28,004 to €26,053
- Other operating charges -€620
down €620 (-44.1%), from €1,405 to €786
- Financial charges -€316
down €316 (-25.5%), from €1,239 to €924
- Depreciation +€314
up €314 (+4.4%), from €7,180 to €7,494
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,089 | €64,292 | +€10,202 | +18.9% |
| Fixed assets | 21/28 | €28,829 | €24,501 | -€4,328 | -15.0% |
| Tangible fixed assets | 22/27 | €28,829 | €24,501 | -€4,328 | -15.0% |
| Land and buildings | 22 | - | €3,008 | +€3,008 | |
| Plant, machinery and equipment | 23 | €1,521 | €785 | -€736 | -48.4% |
| Furniture and vehicles | 24 | €27,308 | €20,708 | -€6,600 | -24.2% |
| Current assets | 29/58 | €25,261 | €39,791 | +€14,530 | +57.5% |
| Amounts receivable within one year | 40/41 | €2,222 | €11,546 | +€9,324 | +420% |
| Trade receivables | 40 | - | €9,371 | +€9,371 | |
| Other amounts receivable | 41 | €2,222 | €2,175 | -€47 | -2.1% |
| Cash at bank and in hand | 54/58 | €23,006 | €28,212 | +€5,206 | +22.6% |
| Deferred charges and accrued income | 490/1 | €33 | €33 | +€0 | +0.2% |
| Total equity and liabilities | 10/49 | €54,089 | €64,292 | +€10,202 | +18.9% |
| Equity | 10/15 | €15,510 | €26,735 | +€11,225 | +72.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,510 | €23,735 | +€11,225 | +89.7% |
| Distributable reserves | 133 | €12,510 | €23,735 | +€11,225 | +89.7% |
| Amounts payable | 17/49 | €38,579 | €37,557 | -€1,022 | -2.7% |
| Amounts payable after more than one year | 17 | €18,503 | €10,154 | -€8,349 | -45.1% |
| Financial debts | 170/4 | €18,503 | €10,154 | -€8,349 | -45.1% |
| Amounts payable within one year | 42/48 | €20,076 | €27,403 | +€7,326 | +36.5% |
| Current portion of amounts payable after more than one year | 42 | €8,034 | €8,349 | +€315 | +3.9% |
| Trade debts | 44 | - | €1,053 | +€1,053 | |
| Suppliers | 440/4 | - | €1,053 | +€1,053 | |
| Taxes, remuneration and social security | 45 | €9,335 | €16,438 | +€7,104 | +76.1% |
| Taxes | 450/3 | €9,335 | €16,438 | +€7,104 | +76.1% |
| Other amounts payable | 47/48 | €2,708 | €1,563 | -€1,145 | -42.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,180 | €7,494 | +€314 | +4.4% |
| Other operating charges | 640/8 | €1,405 | €786 | -€620 | -44.1% |
| Gross operating margin | 9900 | €28,004 | €26,053 | -€1,951 | -7.0% |
| Operating profit (loss) | 9901 | €19,419 | €17,773 | -€1,646 | -8.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,239 | €924 | -€316 | -25.5% |
| Recurring financial charges | 65 | €1,239 | €924 | -€316 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €18,179 | €16,849 | -€1,330 | -7.3% |
| Income taxes | 67/77 | €4,837 | €4,791 | -€45 | -0.9% |
| Profit (loss) for the period | 9904 | €13,343 | €12,058 | -€1,285 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,343 | €12,058 | -€1,285 | -9.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.