PETROHINA: 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.
PETROHINA
Largest movements
- Receivables within one year +€56,295
up €56,295 (+118%), from €47,747 to €104,042
of which Trade receivables: +€57,205
- Tangible fixed assets +€8,303
up €8,303 (+4.7%), from €176,589 to €184,892
of which Land and buildings: +€13,914
- Cash -€5,271
down €5,271 (-34.1%), from €15,436 to €10,165
mainly Receivables within one year (-€56,295) and Investment in fixed assets (net) (-€17,608)
- Trade debts +€84,063
up €84,063 (+639%), from €13,163 to €97,226
- Profit (loss) carried forward -€17,020
down €17,020 (-16.4%), from €103,574 to €86,554
- Other debts -€6,818
down €6,818 (-12.1%), from €56,260 to €49,442
- Other operating charges +€25,903
up €25,903 (+644%), from €4,022 to €29,925
- Gross operating margin +€9,447
up €9,447 (+72.6%), from €13,015 to €22,462
- Financial charges -€1,489
down €1,489 (-63.4%), from €2,349 to €860
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 | €241,168 | €302,564 | +€61,396 | +25.5% |
| Fixed assets | 21/28 | €177,679 | €186,590 | +€8,911 | +5.0% |
| Tangible fixed assets | 22/27 | €176,589 | €184,892 | +€8,303 | +4.7% |
| Land and buildings | 22 | €158,233 | €172,147 | +€13,914 | +8.8% |
| Plant, machinery and equipment | 23 | €13,759 | €9,510 | -€4,249 | -30.9% |
| Furniture and vehicles | 24 | €4,597 | €3,235 | -€1,362 | -29.6% |
| Financial fixed assets | 28 | €1,090 | €1,698 | +€608 | +55.8% |
| Current assets | 29/58 | €63,489 | €115,974 | +€52,485 | +82.7% |
| Amounts receivable within one year | 40/41 | €47,747 | €104,042 | +€56,295 | +118% |
| Trade receivables | 40 | €9,146 | €66,351 | +€57,205 | +625% |
| Other amounts receivable | 41 | €38,601 | €37,691 | -€910 | -2.4% |
| Cash at bank and in hand | 54/58 | €15,436 | €10,165 | -€5,271 | -34.1% |
| Deferred charges and accrued income | 490/1 | €306 | €1,767 | +€1,461 | +477% |
| Total equity and liabilities | 10/49 | €241,168 | €302,564 | +€61,396 | +25.5% |
| Equity | 10/15 | €171,745 | €154,725 | -€17,020 | -9.9% |
| Contributions | 10/11 | €61,974 | €61,974 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,574 | €86,554 | -€17,020 | -16.4% |
| Amounts payable | 17/49 | €69,423 | €147,839 | +€78,416 | +113% |
| Amounts payable within one year | 42/48 | €69,423 | €147,839 | +€78,416 | +113% |
| Trade debts | 44 | €13,163 | €97,226 | +€84,063 | +639% |
| Suppliers | 440/4 | €13,163 | €97,226 | +€84,063 | +639% |
| Taxes, remuneration and social security | 45 | - | €1,171 | +€1,171 | |
| Taxes | 450/3 | - | €1,171 | +€1,171 | |
| Other amounts payable | 47/48 | €56,260 | €49,442 | -€6,818 | -12.1% |
| Non-recurring operating income | 76A | €10,671 | - | -€10,671 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,488 | €8,697 | +€209 | +2.5% |
| Other operating charges | 640/8 | €4,022 | €29,925 | +€25,903 | +644% |
| Gross operating margin | 9900 | €13,015 | €22,462 | +€9,447 | +72.6% |
| Operating profit (loss) | 9901 | €505 | -€16,160 | -€16,665 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €2,349 | €860 | -€1,489 | -63.4% |
| Recurring financial charges | 65 | €2,349 | €860 | -€1,489 | -63.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,842 | -€17,020 | -€15,178 | -824% |
| Profit (loss) for the period | 9904 | -€1,842 | -€17,020 | -€15,178 | -824% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,842 | -€17,020 | -€15,178 | -824% |
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.