PETRUZZI MANAGEMENT: 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.
PETRUZZI MANAGEMENT
Largest movements
- Financial fixed assets +€25,000
up €25,000 (+3.1%), from €816,169 to €841,169
- Cash -€23,000
down €23,000 (-97.8%), from €23,512 to €512
mainly Debts after one year (-€57,259) and Investment in fixed assets (net) (-€25,000)
- Receivables within one year +€12,558
up €12,558 (+221%), from €5,671 to €18,229
of which Other amounts receivable: +€14,858
- Debts after one year -€57,259
down €57,259 (-8.6%), from €667,096 to €609,836
- Profit (loss) carried forward +€43,632
up €43,632 (+52.6%), from €82,988 to €126,620
- Other debts +€34,416
up €34,416 (+3,047%), from €1,129 to €35,546
- Financial income -€32,500
no longer reported in 2025 (was €32,500)
- Gross operating margin -€10,979
down €10,979 (-13.3%), from €82,388 to €71,409
- Financial charges -€2,439
down €2,439 (-16.2%), from €15,021 to €12,582
- Taxes -€1,858
down €1,858 (-11.0%), from €16,829 to €14,971
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 | €845,351 | €866,452 | +€21,101 | +2.5% |
| Fixed assets | 21/28 | €816,169 | €841,169 | +€25,000 | +3.1% |
| Financial fixed assets | 28 | €816,169 | €841,169 | +€25,000 | +3.1% |
| Current assets | 29/58 | €29,183 | €25,283 | -€3,899 | -13.4% |
| Amounts receivable within one year | 40/41 | €5,671 | €18,229 | +€12,558 | +221% |
| Trade receivables | 40 | €2,500 | €200 | -€2,300 | -92.0% |
| Other amounts receivable | 41 | €3,171 | €18,029 | +€14,858 | +469% |
| Cash at bank and in hand | 54/58 | €23,512 | €512 | -€23,000 | -97.8% |
| Deferred charges and accrued income | 490/1 | - | €6,543 | +€6,543 | |
| Total equity and liabilities | 10/49 | €845,351 | €866,452 | +€21,101 | +2.5% |
| Equity | 10/15 | €97,988 | €141,620 | +€43,632 | +44.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,988 | €126,620 | +€43,632 | +52.6% |
| Amounts payable | 17/49 | €747,363 | €724,832 | -€22,531 | -3.0% |
| Amounts payable after more than one year | 17 | €667,096 | €609,836 | -€57,259 | -8.6% |
| Financial debts | 170/4 | €667,096 | €609,836 | -€57,259 | -8.6% |
| Amounts payable within one year | 42/48 | €80,267 | €114,995 | +€34,728 | +43.3% |
| Current portion of amounts payable after more than one year | 42 | €65,293 | €67,259 | +€1,967 | +3.0% |
| Trade debts | 44 | €2,821 | €1,817 | -€1,005 | -35.6% |
| Suppliers | 440/4 | €2,821 | €1,817 | -€1,005 | -35.6% |
| Taxes, remuneration and social security | 45 | €11,024 | €10,373 | -€650 | -5.9% |
| Taxes | 450/3 | €8,524 | €7,873 | -€650 | -7.6% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €1,129 | €35,546 | +€34,416 | +3,047% |
| Other operating charges | 640/8 | €50 | €224 | +€174 | +348% |
| Gross operating margin | 9900 | €82,388 | €71,409 | -€10,979 | -13.3% |
| Operating profit (loss) | 9901 | €82,338 | €71,185 | -€11,153 | -13.5% |
| Financial income | 75/76B | €32,500 | - | -€32,500 | |
| Recurring financial income | 75 | €32,500 | - | -€32,500 | |
| Financial charges | 65/66B | €15,021 | €12,582 | -€2,439 | -16.2% |
| Recurring financial charges | 65 | €15,021 | €12,582 | -€2,439 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €99,817 | €58,604 | -€41,214 | -41.3% |
| Income taxes | 67/77 | €16,829 | €14,971 | -€1,858 | -11.0% |
| Profit (loss) for the period | 9904 | €82,988 | €43,632 | -€39,356 | -47.4% |
| Profit (loss) for the period to be appropriated | 9905 | €82,988 | €43,632 | -€39,356 | -47.4% |
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 15 October 2026 via checked.be.