PETROLINK: 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.
PETROLINK
Largest movements
- Receivables within one year -€1.6m
down €1.6m (-30.5%), from €5.4m to €3.7m
of which Other amounts receivable: -€1.3m
- Short-term financial debts -€1.1m
down €1.1m (-87.1%), from €1.3m to €168,551
- Trade debts -€524,333
down €524,333 (-52.7%), from €994,227 to €469,894
- Reserves +€200,235
up €200,235 (+16.3%), from €1.2m to €1.4m
of which Distributable reserves: +€200,235
- Accrued charges and deferred income -€137,852
down €137,852 (-88.2%), from €156,374 to €18,522
- Turnover -€15.3m
no longer reported in 2025 (was €15.3m)
- Purchases and services -€14.2m
no longer reported in 2025 (was €14.2m)
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,371,586 | €3,734,614 | -€1.6m | -30.5% |
| Fixed assets | 21/28 | €304 | €102 | -€202 | -66.4% |
| Tangible fixed assets | 22/27 | €304 | €102 | -€202 | -66.4% |
| Furniture and vehicles | 24 | €304 | €102 | -€202 | -66.4% |
| Current assets | 29/58 | €5,371,282 | €3,734,512 | -€1.6m | -30.5% |
| Amounts receivable within one year | 40/41 | €5,371,282 | €3,734,512 | -€1.6m | -30.5% |
| Trade receivables | 40 | €1,934,367 | €1,566,400 | -€367,967 | -19.0% |
| Other amounts receivable | 41 | €3,436,916 | €2,168,112 | -€1.3m | -36.9% |
| Total equity and liabilities | 10/49 | €5,371,586 | €3,734,614 | -€1.6m | -30.5% |
| Equity | 10/15 | €2,786,102 | €2,986,337 | +€200,235 | +7.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,230,930 | €1,431,165 | +€200,235 | +16.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,224,730 | €1,424,965 | +€200,235 | +16.3% |
| Profit (loss) carried forward | 14 | €1,493,172 | €1,493,172 | = | 0.0% |
| Amounts payable | 17/49 | €2,585,485 | €748,278 | -€1.8m | -71.1% |
| Amounts payable within one year | 42/48 | €2,429,111 | €729,756 | -€1.7m | -70.0% |
| Financial debts | 43 | €1,303,584 | €168,551 | -€1.1m | -87.1% |
| Credit institutions | 430/8 | €1,303,584 | €168,551 | -€1.1m | -87.1% |
| Trade debts | 44 | €994,227 | €469,894 | -€524,333 | -52.7% |
| Suppliers | 440/4 | €994,227 | €469,894 | -€524,333 | -52.7% |
| Taxes, remuneration and social security | 45 | €131,300 | €91,311 | -€39,989 | -30.5% |
| Taxes | 450/3 | €84,000 | €75,671 | -€8,329 | -9.9% |
| Remuneration and social security | 454/9 | €47,300 | €15,640 | -€31,660 | -66.9% |
| Accrued charges and deferred income | 492/3 | €156,374 | €18,522 | -€137,852 | -88.2% |
| Turnover | 70 | €15,323,961 | - | -€15.3m | |
| Non-recurring operating income | 76A | €15,736 | €0 | -€15,736 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €14,173,002 | - | -€14.2m | |
| Remuneration, social security and pensions | 62 | €208,017 | €267,874 | +€59,857 | +28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €202 | €202 | = | 0.0% |
| Other operating charges | 640/8 | €1,092 | €704 | -€388 | -35.5% |
| Gross operating margin | 9900 | €479,342 | €532,009 | +€52,667 | +11.0% |
| Operating profit (loss) | 9901 | €270,031 | €263,229 | -€6,802 | -2.5% |
| Financial income | 75/76B | €129,609 | €151,789 | +€22,180 | +17.1% |
| Recurring financial income | 75 | €129,609 | €151,789 | +€22,180 | +17.1% |
| Financial charges | 65/66B | €90,505 | €138,611 | +€48,106 | +53.2% |
| Recurring financial charges | 65 | €90,505 | €138,611 | +€48,106 | +53.2% |
| Profit (loss) for the period before taxes | 9903 | €309,135 | €276,406 | -€32,729 | -10.6% |
| Income taxes | 67/77 | €84,406 | €76,171 | -€8,235 | -9.8% |
| Profit (loss) for the period | 9904 | €224,730 | €200,235 | -€24,495 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €224,730 | €200,235 | -€24,495 | -10.9% |
Source: filed annual accounts (NBB), financial years ended 29 February 2024 and 28 February 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.