PETRUZZI DISTRIBUTION: what changed
Two fiscal 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.
PETRUZZI DISTRIBUTION
Largest movements
- Receivables within one year +€272,009
up €272,009 (+59.5%), from €456,857 to €728,865
of which Trade receivables: +€238,814
- Cash +€164,369
up €164,369 (+51.4%), from €319,883 to €484,252
mainly Trade debts (+€276,542) and Net result for the year (+€208,622)
- Stocks and contracts +€73,423
up €73,423 (+30.0%), from €244,560 to €317,983
- Tangible fixed assets -€16,464
down €16,464 (-15.8%), from €104,340 to €87,875
of which Furniture and vehicles: -€18,513
- Trade debts +€276,542
up €276,542 (+53.2%), from €519,770 to €796,312
- Profit (loss) carried forward +€178,622
up €178,622 (+51.5%), from €346,506 to €525,127
- Other debts +€45,133
up €45,133 (+3586.6%), from €1,258 to €46,392
- Write-downs +€69,277
up €69,277 (+1357.3%), from €5,104 to €74,381
- Gross operating margin +€63,350
up €63,350 (+11.3%), from €562,090 to €625,440
- Staff costs +€49,634
up €49,634 (+38.1%), from €130,356 to €179,990
- Taxes -€14,244
down €14,244 (-16.8%), from €84,844 to €70,600
- Other operating charges +€6,993
up €6,993 (+29.0%), from €24,130 to €31,123
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
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 | €1,134,862 | €1,640,053 | +€505,192 | +44.5% |
| Fixed assets | 21/28 | €108,749 | €101,596 | -€7,153 | -6.6% |
| Intangible fixed assets | 21 | €4,148 | €13,459 | +€9,311 | +224.5% |
| Tangible fixed assets | 22/27 | €104,340 | €87,875 | -€16,464 | -15.8% |
| Plant, machinery and equipment | 23 | €3,491 | €2,264 | -€1,227 | -35.1% |
| Furniture and vehicles | 24 | €44,988 | €26,475 | -€18,513 | -41.2% |
| Other tangible fixed assets | 26 | €55,860 | €59,136 | +€3,276 | +5.9% |
| Financial fixed assets | 28 | €261 | €261 | = | 0.0% |
| Current assets | 29/58 | €1,026,113 | €1,538,458 | +€512,345 | +49.9% |
| Stocks and contracts in progress | 3 | €244,560 | €317,983 | +€73,423 | +30.0% |
| Stocks | 30/36 | €244,560 | €317,983 | +€73,423 | +30.0% |
| Amounts receivable within one year | 40/41 | €456,857 | €728,865 | +€272,009 | +59.5% |
| Trade receivables | 40 | €455,651 | €694,465 | +€238,814 | +52.4% |
| Other amounts receivable | 41 | €1,205 | €34,400 | +€33,195 | +2753.7% |
| Cash at bank and in hand | 54/58 | €319,883 | €484,252 | +€164,369 | +51.4% |
| Deferred charges and accrued income | 490/1 | €4,814 | €7,357 | +€2,543 | +52.8% |
| Total equity and liabilities | 10/49 | €1,134,862 | €1,640,053 | +€505,192 | +44.5% |
| Equity | 10/15 | €362,626 | €541,247 | +€178,622 | +49.3% |
| Contributions | 10/11 | €16,120 | €16,120 | = | 0.0% |
| Profit (loss) carried forward | 14 | €346,506 | €525,127 | +€178,622 | +51.5% |
| Amounts payable | 17/49 | €772,236 | €1,098,806 | +€326,570 | +42.3% |
| Amounts payable after more than one year | 17 | €27,125 | €33,639 | +€6,514 | +24.0% |
| Financial debts | 170/4 | €27,125 | €33,639 | +€6,514 | +24.0% |
| Amounts payable within one year | 42/48 | €745,111 | €1,065,168 | +€320,056 | +43.0% |
| Current portion of amounts payable after more than one year | 42 | €97,628 | €85,637 | -€11,991 | -12.3% |
| Financial debts | 43 | €77,281 | €85,198 | +€7,916 | +10.2% |
| Credit institutions | 430/8 | €77,281 | €85,198 | +€7,916 | +10.2% |
| Trade debts | 44 | €519,770 | €796,312 | +€276,542 | +53.2% |
| Suppliers | 440/4 | €519,770 | €796,312 | +€276,542 | +53.2% |
| Taxes, remuneration and social security | 45 | €49,173 | €51,628 | +€2,455 | +5.0% |
| Taxes | 450/3 | €29,436 | €25,387 | -€4,049 | -13.8% |
| Remuneration and social security | 454/9 | €19,737 | €26,241 | +€6,504 | +33.0% |
| Other amounts payable | 47/48 | €1,258 | €46,392 | +€45,133 | +3586.6% |
| Non-recurring operating income | 76A | €365 | €827 | +€462 | +126.5% |
| Remuneration, social security and pensions | 62 | €130,356 | €179,990 | +€49,634 | +38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,192 | €50,635 | +€4,443 | +9.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,104 | €74,381 | +€69,277 | +1357.3% |
| Other operating charges | 640/8 | €24,130 | €31,123 | +€6,993 | +29.0% |
| Non-recurring operating charges | 66A | €18,632 | €1,795 | -€16,837 | -90.4% |
| Gross operating margin | 9900 | €562,090 | €625,440 | +€63,350 | +11.3% |
| Operating profit (loss) | 9901 | €337,677 | €287,517 | -€50,160 | -14.9% |
| Financial income | 75/76B | €189 | €101 | -€88 | -46.7% |
| Recurring financial income | 75 | €189 | €101 | -€88 | -46.7% |
| Financial charges | 65/66B | €14,336 | €8,396 | -€5,940 | -41.4% |
| Recurring financial charges | 65 | €14,336 | €8,396 | -€5,940 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | €323,530 | €279,221 | -€44,309 | -13.7% |
| Income taxes | 67/77 | €84,844 | €70,600 | -€14,244 | -16.8% |
| Profit (loss) for the period | 9904 | €238,686 | €208,622 | -€30,064 | -12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €238,686 | €208,622 | -€30,064 | -12.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.