PETROLI - FRERES: what changed
What changed
PETROLI - FRERES
NACE 46.810, Wholesale of solid, liquid and gaseous fuels and related products
filed annual accounts (NBB)
Net result for the year
€76,662
2024 · €175,847-€99,185
Equity
€696,573
2024 · €619,911+€76,662
Cash
€97,277
2024 · €99,210-€1,933
Balance sheet total
€1.5m
2024 · €1.4m+€73,282
Largest movements
Assets
- Receivables within one year +€49,642
up €49,642 (+5.3%), from €945,324 to €994,966
of which Other amounts receivable: +€100,490
- Tangible fixed assets +€46,286
up €46,286 (+25.8%), from €179,275 to €225,561
of which Leasing and similar rights: +€82,688
- Stocks and contracts -€17,260
down €17,260 (-12.5%), from €137,785 to €120,525
Equity and liabilities
- Other debts -€150,000
no longer reported in 2025 (was €150,000)
- Debts after one year +€115,219
new in 2025: €115,219
- Profit (loss) carried forward +€76,662
up €76,662 (+18.0%), from €425,921 to €502,583
- Advances received +€21,164
up €21,164 (+7.8%), from €271,015 to €292,179
- Trade debts +€16,598
up €16,598 (+6.4%), from €259,809 to €276,407
Income statement
- Gross operating margin -€99,564
down €99,564 (-13.6%), from €730,946 to €631,382
- Taxes -€23,269
down €23,269 (-39.8%), from €58,479 to €35,210
- Staff costs +€20,492
up €20,492 (+5.6%), from €367,165 to €387,657
- Depreciation +€14,889
up €14,889 (+16.9%), from €88,346 to €103,235
- Write-downs -€12,145
no longer reported in 2025 (was €12,145)
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.
Result 2024
€175,847
Gross operating margin
-€99,564
Staff costs
-€20,492
Depreciation
-€14,889
Write-downs
+€12,145
Other operating charges
-€395
Other operating items
-€3,944
Financial income
+€1,109
Financial charges
+€3,576
Taxes
+€23,269
Result 2025
€76,662
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€38,761
Investment
-€146,736
Financing
+€106,041
Cash 2024
€99,210
From operations (derived)
+€38,761
Net result for the year
+€76,662
Depreciation
+€103,235
Stocks and contracts
+€17,260
Receivables within one year
-€49,642
Deferred charges and accrued income
+€668
Trade debts
+€16,598
Tax, wage and social debts
+€2,817
Advances received
+€21,164
Other debts
-€150,000
Investment (derived)
-€146,736
Investment in fixed assets (net)
-€146,736
Financing
+€106,041
Debts after one year
+€115,219
Current portion of long-term debt
-€3,673
Short-term financial debts
-€5,504
Cash 2025
€97,277
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,420,199 | €1,493,481 | +€73,282 | +5.2% |
| Fixed assets | 21/28 | €235,777 | €279,278 | +€43,500 | +18.4% |
| Intangible fixed assets | 21 | €56,150 | €53,365 | -€2,785 | -5.0% |
| Tangible fixed assets | 22/27 | €179,275 | €225,561 | +€46,286 | +25.8% |
| Land and buildings | 22 | €31,421 | €31,421 | = | 0.0% |
| Plant, machinery and equipment | 23 | €30,315 | €22,673 | -€7,641 | -25.2% |
| Furniture and vehicles | 24 | €98,610 | €69,849 | -€28,761 | -29.2% |
| Leasing and similar rights | 25 | €18,929 | €101,617 | +€82,688 | +437% |
| Financial fixed assets | 28 | €352 | €352 | = | 0.0% |
| Current assets | 29/58 | €1,184,422 | €1,214,204 | +€29,782 | +2.5% |
| Stocks and contracts in progress | 3 | €137,785 | €120,525 | -€17,260 | -12.5% |
| Stocks | 30/36 | €137,785 | €120,525 | -€17,260 | -12.5% |
| Amounts receivable within one year | 40/41 | €945,324 | €994,966 | +€49,642 | +5.3% |
| Trade receivables | 40 | €167,903 | €117,056 | -€50,848 | -30.3% |
| Other amounts receivable | 41 | €777,421 | €877,911 | +€100,490 | +12.9% |
| Cash at bank and in hand | 54/58 | €99,210 | €97,277 | -€1,933 | -1.9% |
| Deferred charges and accrued income | 490/1 | €2,103 | €1,436 | -€668 | -31.7% |
| Total equity and liabilities | 10/49 | €1,420,199 | €1,493,481 | +€73,282 | +5.2% |
| Equity | 10/15 | €619,911 | €696,573 | +€76,662 | +12.4% |
| Contributions | 10/11 | €84,500 | €84,500 | = | 0.0% |
| Capital | 10 | €84,500 | €84,500 | = | 0.0% |
| Issued capital | 100 | €84,500 | €84,500 | = | 0.0% |
| Reserves | 13 | €109,490 | €109,490 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,450 | €8,450 | = | 0.0% |
| Legal reserve | 130 | €8,450 | €8,450 | = | 0.0% |
| Tax-exempt reserves | 132 | €101,040 | €101,040 | = | 0.0% |
| Profit (loss) carried forward | 14 | €425,921 | €502,583 | +€76,662 | +18.0% |
| Amounts payable | 17/49 | €800,288 | €796,908 | -€3,380 | -0.4% |
| Amounts payable after more than one year | 17 | - | €115,219 | +€115,219 | |
| Financial debts | 170/4 | - | €115,219 | +€115,219 | |
| Amounts payable within one year | 42/48 | €800,288 | €681,690 | -€118,599 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €24,205 | €20,532 | -€3,673 | -15.2% |
| Financial debts | 43 | €33,033 | €27,528 | -€5,504 | -16.7% |
| Credit institutions | 430/8 | €33,033 | €27,528 | -€5,504 | -16.7% |
| Trade debts | 44 | €259,809 | €276,407 | +€16,598 | +6.4% |
| Suppliers | 440/4 | €259,809 | €276,407 | +€16,598 | +6.4% |
| Advances received on contracts in progress | 46 | €271,015 | €292,179 | +€21,164 | +7.8% |
| Taxes, remuneration and social security | 45 | €62,227 | €65,044 | +€2,817 | +4.5% |
| Taxes | 450/3 | €23,758 | €29,908 | +€6,150 | +25.9% |
| Remuneration and social security | 454/9 | €38,469 | €35,135 | -€3,334 | -8.7% |
| Other amounts payable | 47/48 | €150,000 | - | -€150,000 | |
| Remuneration, social security and pensions | 62 | €367,165 | €387,657 | +€20,492 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,346 | €103,235 | +€14,889 | +16.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,145 | - | -€12,145 | |
| Other operating charges | 640/8 | €12,923 | €13,318 | +€395 | +3.1% |
| Non-recurring operating charges | 66A | €1,204 | €5,148 | +€3,944 | +328% |
| Gross operating margin | 9900 | €730,946 | €631,382 | -€99,564 | -13.6% |
| Operating profit (loss) | 9901 | €249,163 | €122,025 | -€127,138 | -51.0% |
| Financial income | 75/76B | €566 | €1,674 | +€1,109 | +196% |
| Recurring financial income | 75 | €566 | €1,674 | +€1,109 | +196% |
| Financial charges | 65/66B | €15,403 | €11,827 | -€3,576 | -23.2% |
| Recurring financial charges | 65 | €15,403 | €11,827 | -€3,576 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €234,326 | €111,872 | -€122,454 | -52.3% |
| Income taxes | 67/77 | €58,479 | €35,210 | -€23,269 | -39.8% |
| Profit (loss) for the period | 9904 | €175,847 | €76,662 | -€99,185 | -56.4% |
| Transfer to tax-exempt reserves | 689 | €101,040 | - | -€101,040 | |
| Profit (loss) for the period to be appropriated | 9905 | €74,807 | €76,662 | +€1,855 | +2.5% |
Next steps
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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 5 November 2026 via checked.be.