PETRIVO: 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
PETRIVO
NACE 01.130, Growing of vegetables, melons, roots and tubers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€84,737
2024 · -€57,083-€27,654
Equity
€1.6m
2024 · €1.7m-€84,737
Cash
€44,246
2024 · €49,530-€5,284
Balance sheet total
€4.1m
2024 · €4.2m-€120,601
Largest movements
Assets
- Tangible fixed assets -€228,045
down €228,045 (-8.6%), from €2.6m to €2.4m
of which Land and buildings: -€153,183
- Stocks and contracts +€121,105
up €121,105 (+11.3%), from €1.1m to €1.2m
Equity and liabilities
- Reserves -€84,737
down €84,737 (-5.3%), from €1.6m to €1.5m
of which Tax-exempt reserves: -€101,948
- Provisions -€52,519
down €52,519 (-10.4%), from €505,687 to €453,168
Income statement
- Financial income -€13,613
down €13,613 (-70.0%), from €19,460 to €5,847
of which Financial income: -€17,113
- Financial charges +€8,128
up €8,128 (+35.6%), from €22,843 to €30,971
- Other operating charges +€5,121
up €5,121 (+41.9%), from €12,220 to €17,341
- Depreciation +€4,597
up €4,597 (+1.8%), from €248,978 to €253,575
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
-€57,083
Gross operating margin
+€1,492
Depreciation
-€4,597
Other operating charges
-€5,121
Other operating items
+€1,060
Financial income
-€13,613
Financial charges
-€8,128
Taxes
+€1,305
Deferred taxes and other
-€52
Result 2025
-€84,737
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
+€39,547
Investment
-€25,530
Financing
-€19,301
Cash 2024
€49,530
From operations (derived)
+€39,547
Net result for the year
-€84,737
Depreciation
+€253,575
Stocks and contracts
-€121,105
Receivables within one year
+€9,802
Deferred charges and accrued income
-€1,425
Provisions
-€52,519
Trade debts
+€37,042
Tax, wage and social debts
-€1,086
Investment (derived)
-€25,530
Investment in fixed assets (net)
-€25,530
Financing
-€19,301
Debts after one year
-€18,009
Short-term financial debts
-€1,292
Cash 2025
€44,246
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,244,711 | €4,124,110 | -€120,601 | -2.8% |
| Fixed assets | 21/28 | €3,085,006 | €2,856,961 | -€228,045 | -7.4% |
| Tangible fixed assets | 22/27 | €2,645,006 | €2,416,961 | -€228,045 | -8.6% |
| Land and buildings | 22 | €2,464,747 | €2,311,564 | -€153,183 | -6.2% |
| Plant, machinery and equipment | 23 | €64,645 | €42,105 | -€22,540 | -34.9% |
| Furniture and vehicles | 24 | €115,614 | €63,292 | -€52,322 | -45.3% |
| Financial fixed assets | 28 | €440,000 | €440,000 | = | 0.0% |
| Current assets | 29/58 | €1,159,705 | €1,267,149 | +€107,444 | +9.3% |
| Stocks and contracts in progress | 3 | €1,076,446 | €1,197,551 | +€121,105 | +11.3% |
| Stocks | 30/36 | €1,076,446 | €1,197,551 | +€121,105 | +11.3% |
| Amounts receivable within one year | 40/41 | €33,729 | €23,927 | -€9,802 | -29.1% |
| Trade receivables | 40 | €28,654 | €18,852 | -€9,802 | -34.2% |
| Other amounts receivable | 41 | €5,075 | €5,075 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €49,530 | €44,246 | -€5,284 | -10.7% |
| Deferred charges and accrued income | 490/1 | - | €1,425 | +€1,425 | |
| Total equity and liabilities | 10/49 | €4,244,711 | €4,124,110 | -€120,601 | -2.8% |
| Equity | 10/15 | €1,667,037 | €1,582,300 | -€84,737 | -5.1% |
| Contributions | 10/11 | €77,000 | €77,000 | = | 0.0% |
| Capital | 10 | €77,000 | €77,000 | = | 0.0% |
| Issued capital | 100 | €77,000 | €77,000 | = | 0.0% |
| Reserves | 13 | €1,590,037 | €1,505,300 | -€84,737 | -5.3% |
| Non-distributable reserves | 130/1 | €7,700 | €7,700 | = | 0.0% |
| Legal reserve | 130 | €7,700 | €7,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €996,870 | €894,922 | -€101,948 | -10.2% |
| Distributable reserves | 133 | €585,467 | €602,678 | +€17,211 | +2.9% |
| Provisions and deferred taxes | 16 | €505,687 | €453,168 | -€52,519 | -10.4% |
| Deferred taxes | 168 | €505,687 | €453,168 | -€52,519 | -10.4% |
| Amounts payable | 17/49 | €2,071,987 | €2,088,642 | +€16,655 | +0.8% |
| Amounts payable after more than one year | 17 | €1,816,798 | €1,798,789 | -€18,009 | -1.0% |
| Financial debts | 170/4 | €846,035 | €631,879 | -€214,156 | -25.3% |
| Other amounts payable | 178/9 | €970,763 | €1,166,910 | +€196,147 | +20.2% |
| Amounts payable within one year | 42/48 | €255,189 | €289,853 | +€34,664 | +13.6% |
| Financial debts | 43 | €215,448 | €214,156 | -€1,292 | -0.6% |
| Credit institutions | 430/8 | €215,448 | €214,156 | -€1,292 | -0.6% |
| Trade debts | 44 | €22,449 | €59,491 | +€37,042 | +165% |
| Suppliers | 440/4 | €22,449 | €59,491 | +€37,042 | +165% |
| Taxes, remuneration and social security | 45 | €17,292 | €16,206 | -€1,086 | -6.3% |
| Taxes | 450/3 | €17,292 | €16,206 | -€1,086 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248,978 | €253,575 | +€4,597 | +1.8% |
| Other operating charges | 640/8 | €12,220 | €17,341 | +€5,121 | +41.9% |
| Non-recurring operating charges | 66A | €1,060 | - | -€1,060 | |
| Gross operating margin | 9900 | €165,920 | €167,412 | +€1,492 | +0.9% |
| Operating profit (loss) | 9901 | -€96,338 | -€103,504 | -€7,166 | -7.4% |
| Financial income | 75/76B | €19,460 | €5,847 | -€13,613 | -70.0% |
| Recurring financial income | 75 | €19,460 | €2,347 | -€17,113 | -87.9% |
| Non-recurring financial income | 76B | - | €3,500 | +€3,500 | |
| Financial charges | 65/66B | €22,843 | €30,971 | +€8,128 | +35.6% |
| Recurring financial charges | 65 | €22,843 | €30,971 | +€8,128 | +35.6% |
| Profit (loss) for the period before taxes | 9903 | -€99,721 | -€128,628 | -€28,907 | -29.0% |
| Transfer from deferred taxes | 780 | €52,571 | €52,519 | -€52 | -0.1% |
| Income taxes | 67/77 | €9,933 | €8,628 | -€1,305 | -13.1% |
| Profit (loss) for the period | 9904 | -€57,083 | -€84,737 | -€27,654 | -48.4% |
| Transfer from tax-exempt reserves | 789 | €102,050 | €101,948 | -€102 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,967 | €17,211 | -€27,756 | -61.7% |
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 20 October 2026 via checked.be.