PETRIMO: 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.
What changed
PETRIMO
NACE 77.320, Rental and leasing activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.8m
2024 · €17,020+€1.8m
Equity
€2.1m
2024 · €330,128+€1.8m
Cash
€6,418
2024 · €21,138-€14,721
Balance sheet total
€3.3m
2024 · €1.0m+€2.3m
Largest movements
Assets
- Receivables after one year +€2.4m
new in 2025: €2.4m
- Tangible fixed assets -€111,872
down €111,872 (-20.3%), from €550,684 to €438,812
Equity and liabilities
- Reserves +€1.5m
up €1.5m (+589%), from €248,108 to €1.7m
of which Tax-exempt reserves: +€1.4m
- Provisions +€481,392
new in 2025: €481,392
- Profit (loss) carried forward +€307,002
up €307,002 (+1,804%), from €17,020 to €324,022
- Tax, wage and social debts +€106,988
up €106,988 (+541%), from €19,782 to €126,770
- Debts after one year -€87,888
down €87,888 (-45.9%), from €191,542 to €103,654
Income statement
- Gross operating margin +€2.4m
up €2.4m (+1,712%), from €137,656 to €2.5m
- Taxes +€111,577
up €111,577 (+1,750%), from €6,375 to €117,952
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.
Result 2024
€17,020
Gross operating margin
+€2.4m
Depreciation
-€15,026
Other operating charges
+€1,877
Financial income
+€1
Financial charges
-€8
Taxes
-€111,577
Deferred taxes and other
-€481,392
Result 2025
€1.8m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€14,809
Investment
+€58,358
Financing
-€87,888
Cash 2024
€21,138
From operations (derived)
+€14,809
Net result for the year
+€1.8m
Depreciation
+€80,735
Receivables after one year
-€2.4m
Smaller working-capital items
+€4,488
Provisions
+€481,392
Trade debts
-€15,273
Tax, wage and social debts
+€106,988
Other debts
+€13,148
Investment (derived)
+€58,358
Investment in fixed assets (net)
+€58,358
Financing
-€87,888
Debts after one year
-€87,888
Cash 2025
€6,418
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,023,672 | €3,290,238 | +€2.3m | +221% |
| Formation expenses | 20 | €19,950 | €19,950 | = | 0.0% |
| Fixed assets | 21/28 | €956,546 | €817,453 | -€139,093 | -14.5% |
| Intangible fixed assets | 21 | €405,862 | €378,641 | -€27,221 | -6.7% |
| Tangible fixed assets | 22/27 | €550,684 | €438,812 | -€111,872 | -20.3% |
| Land and buildings | 22 | €550,684 | €438,812 | -€111,872 | -20.3% |
| Current assets | 29/58 | €47,176 | €2,452,835 | +€2.4m | +5,099% |
| Amounts receivable after more than one year | 29 | - | €2,424,868 | +€2.4m | |
| Other amounts receivable | 291 | - | €2,424,868 | +€2.4m | |
| Amounts receivable within one year | 40/41 | €15,782 | €14,154 | -€1,628 | -10.3% |
| Trade receivables | 40 | €15,782 | €14,154 | -€1,628 | -10.3% |
| Cash at bank and in hand | 54/58 | €21,138 | €6,418 | -€14,721 | -69.6% |
| Deferred charges and accrued income | 490/1 | €10,256 | €7,396 | -€2,860 | -27.9% |
| Total equity and liabilities | 10/49 | €1,023,672 | €3,290,238 | +€2.3m | +221% |
| Equity | 10/15 | €330,128 | €2,098,327 | +€1.8m | +536% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €248,108 | €1,709,305 | +€1.5m | +589% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €1,444,177 | +€1.4m | |
| Distributable reserves | 133 | €241,608 | €258,628 | +€17,020 | +7.0% |
| Profit (loss) carried forward | 14 | €17,020 | €324,022 | +€307,002 | +1,804% |
| Provisions and deferred taxes | 16 | - | €481,392 | +€481,392 | |
| Deferred taxes | 168 | - | €481,392 | +€481,392 | |
| Amounts payable | 17/49 | €693,544 | €710,519 | +€16,975 | +2.4% |
| Amounts payable after more than one year | 17 | €191,542 | €103,654 | -€87,888 | -45.9% |
| Financial debts | 170/4 | €191,542 | €103,654 | -€87,888 | -45.9% |
| Amounts payable within one year | 42/48 | €502,002 | €606,865 | +€104,863 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €87,888 | €87,888 | = | 0.0% |
| Trade debts | 44 | €90,635 | €75,362 | -€15,273 | -16.9% |
| Suppliers | 440/4 | €90,635 | €75,362 | -€15,273 | -16.9% |
| Taxes, remuneration and social security | 45 | €19,782 | €126,770 | +€106,988 | +541% |
| Taxes | 450/3 | €19,782 | €126,770 | +€106,988 | +541% |
| Other amounts payable | 47/48 | €303,696 | €316,844 | +€13,148 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,709 | €80,735 | +€15,026 | +22.9% |
| Other operating charges | 640/8 | €27,030 | €25,153 | -€1,877 | -6.9% |
| Gross operating margin | 9900 | €137,656 | €2,494,959 | +€2.4m | +1,712% |
| Operating profit (loss) | 9901 | €44,916 | €2,389,071 | +€2.3m | +5,219% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €21,520 | €21,528 | +€8 | 0.0% |
| Recurring financial charges | 65 | €21,520 | €21,528 | +€8 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €23,396 | €2,367,543 | +€2.3m | +10,020% |
| Transfer to deferred taxes | 680 | - | €481,392 | +€481,392 | |
| Income taxes | 67/77 | €6,375 | €117,952 | +€111,577 | +1,750% |
| Profit (loss) for the period | 9904 | €17,020 | €1,768,199 | +€1.8m | +10,289% |
| Transfer to tax-exempt reserves | 689 | - | €1,444,177 | +€1.4m | |
| Profit (loss) for the period to be appropriated | 9905 | €17,020 | €324,022 | +€307,002 | +1,804% |
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 25 October 2026 via checked.be.