PETRUZZI PRODUCT: 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 PRODUCT
Largest movements
- Tangible fixed assets +€74,348
up €74,348 (+9.7%), from €764,362 to €838,710
of which Land and buildings: +€73,261
- Stocks and contracts +€45,119
up €45,119 (+87.0%), from €51,870 to €96,990
- Receivables within one year -€37,512
down €37,512 (-9.8%), from €381,673 to €344,160
of which Other amounts receivable: -€128,909
- Trade debts +€80,874
up €80,874 (+77.0%), from €105,065 to €185,939
- Debts after one year -€35,603
down €35,603 (-7.1%), from €500,595 to €464,992
- Reserves +€21,113
up €21,113 (+19.9%), from €105,833 to €126,946
of which Distributable reserves: +€21,113
- Other debts +€16,715
up €16,715 (+4.2%), from €395,377 to €412,092
- Staff costs -€34,363
down €34,363 (-98.2%), from €34,980 to €617
- Gross operating margin -€17,098
down €17,098 (-13.4%), from €128,050 to €110,952
- Depreciation +€14,322
up €14,322 (+50.4%), from €28,390 to €42,712
- Taxes +€5,896
up €5,896 (+194%), from €3,041 to €8,937
- Financial income -€2,601
down €2,601 (-98.8%), from €2,631 to €30
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 | €1,214,038 | €1,300,016 | +€85,978 | +7.1% |
| Fixed assets | 21/28 | €764,362 | €838,710 | +€74,348 | +9.7% |
| Tangible fixed assets | 22/27 | €764,362 | €838,710 | +€74,348 | +9.7% |
| Land and buildings | 22 | €741,611 | €814,872 | +€73,261 | +9.9% |
| Plant, machinery and equipment | 23 | €22,259 | €22,430 | +€172 | +0.8% |
| Furniture and vehicles | 24 | €492 | €1,408 | +€916 | +186% |
| Current assets | 29/58 | €449,676 | €461,306 | +€11,630 | +2.6% |
| Stocks and contracts in progress | 3 | €51,870 | €96,990 | +€45,119 | +87.0% |
| Stocks | 30/36 | €51,870 | €96,990 | +€45,119 | +87.0% |
| Amounts receivable within one year | 40/41 | €381,673 | €344,160 | -€37,512 | -9.8% |
| Trade receivables | 40 | €233,918 | €325,314 | +€91,397 | +39.1% |
| Other amounts receivable | 41 | €147,755 | €18,846 | -€128,909 | -87.2% |
| Cash at bank and in hand | 54/58 | €15,063 | €19,524 | +€4,461 | +29.6% |
| Deferred charges and accrued income | 490/1 | €1,070 | €632 | -€438 | -41.0% |
| Total equity and liabilities | 10/49 | €1,214,038 | €1,300,016 | +€85,978 | +7.1% |
| Equity | 10/15 | €139,093 | €160,206 | +€21,113 | +15.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €105,833 | €126,946 | +€21,113 | +19.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €103,973 | €125,086 | +€21,113 | +20.3% |
| Profit (loss) carried forward | 14 | €27,060 | €27,060 | = | 0.0% |
| Amounts payable | 17/49 | €1,074,945 | €1,139,810 | +€64,865 | +6.0% |
| Amounts payable after more than one year | 17 | €500,595 | €464,992 | -€35,603 | -7.1% |
| Financial debts | 170/4 | €500,595 | €464,992 | -€35,603 | -7.1% |
| Amounts payable within one year | 42/48 | €574,350 | €674,817 | +€100,467 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €39,890 | €39,174 | -€716 | -1.8% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €105,065 | €185,939 | +€80,874 | +77.0% |
| Suppliers | 440/4 | €105,065 | €185,939 | +€80,874 | +77.0% |
| Taxes, remuneration and social security | 45 | €9,019 | €12,612 | +€3,594 | +39.8% |
| Taxes | 450/3 | €5,337 | €12,612 | +€7,275 | +136% |
| Remuneration and social security | 454/9 | €3,682 | - | -€3,682 | |
| Other amounts payable | 47/48 | €395,377 | €412,092 | +€16,715 | +4.2% |
| Remuneration, social security and pensions | 62 | €34,980 | €617 | -€34,363 | -98.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,390 | €42,712 | +€14,322 | +50.4% |
| Other operating charges | 640/8 | €5,999 | €7,388 | +€1,390 | +23.2% |
| Gross operating margin | 9900 | €128,050 | €110,952 | -€17,098 | -13.4% |
| Operating profit (loss) | 9901 | €58,680 | €60,234 | +€1,554 | +2.6% |
| Financial income | 75/76B | €2,631 | €30 | -€2,601 | -98.8% |
| Recurring financial income | 75 | €2,631 | €30 | -€2,601 | -98.8% |
| Financial charges | 65/66B | €27,864 | €30,214 | +€2,350 | +8.4% |
| Recurring financial charges | 65 | €27,864 | €28,672 | +€808 | +2.9% |
| Non-recurring financial charges | 66B | - | €1,542 | +€1,542 | |
| Profit (loss) for the period before taxes | 9903 | €33,447 | €30,050 | -€3,397 | -10.2% |
| Income taxes | 67/77 | €3,041 | €8,937 | +€5,896 | +194% |
| Profit (loss) for the period | 9904 | €30,406 | €21,113 | -€9,293 | -30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,406 | €21,113 | -€9,293 | -30.6% |
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 28 October 2026 via checked.be.