PETTERSEN PARTNERS: what changed
PETTERSEN PARTNERS
Largest movements
- Cash -€35,668
down €35,668 (-14.7%), from €243,299 to €207,631
mainly Net result for the year (-€34,609) and Investment in fixed assets (net) (-€6,340)
- Receivables within one year -€9,795
down €9,795 (-56.5%), from €17,341 to €7,546
of which Trade receivables: -€6,511
- Tangible fixed assets +€5,586
up €5,586 (+156%), from €3,590 to €9,177
of which Other tangible fixed assets: +€5,876
- Profit (loss) carried forward -€34,609
down €34,609 (-14.9%), from €232,066 to €197,457
- Trade debts -€3,653
down €3,653 (-43.7%), from €8,364 to €4,710
- Accrued charges and deferred income -€3,160
no longer reported in 2025 (was €3,160)
- Gross operating margin -€55,587
down €55,587, from €23,816 to -€31,771
- Taxes -€6,877
down €6,877 (-97.5%), from €7,057 to €180
- Financial charges +€523
up €523 (+52.7%), from €993 to €1,516
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €264,230 | €224,354 | -€39,876 | -15.1% |
| Fixed assets | 21/28 | €3,590 | €9,177 | +€5,586 | +156% |
| Tangible fixed assets | 22/27 | €3,590 | €9,177 | +€5,586 | +156% |
| Furniture and vehicles | 24 | €3,056 | €2,766 | -€290 | -9.5% |
| Other tangible fixed assets | 26 | €534 | €6,410 | +€5,876 | +1,100% |
| Current assets | 29/58 | €260,640 | €215,177 | -€45,463 | -17.4% |
| Amounts receivable within one year | 40/41 | €17,341 | €7,546 | -€9,795 | -56.5% |
| Trade receivables | 40 | €13,796 | €7,285 | -€6,511 | -47.2% |
| Other amounts receivable | 41 | €3,545 | €261 | -€3,283 | -92.6% |
| Cash at bank and in hand | 54/58 | €243,299 | €207,631 | -€35,668 | -14.7% |
| Total equity and liabilities | 10/49 | €264,230 | €224,354 | -€39,876 | -15.1% |
| Equity | 10/15 | €252,526 | €217,917 | -€34,609 | -13.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €232,066 | €197,457 | -€34,609 | -14.9% |
| Amounts payable | 17/49 | €11,704 | €6,437 | -€5,268 | -45.0% |
| Amounts payable within one year | 42/48 | €8,544 | €6,437 | -€2,108 | -24.7% |
| Trade debts | 44 | €8,364 | €4,710 | -€3,653 | -43.7% |
| Suppliers | 440/4 | €8,364 | €4,710 | -€3,653 | -43.7% |
| Taxes, remuneration and social security | 45 | - | €180 | +€180 | |
| Taxes | 450/3 | - | €180 | +€180 | |
| Other amounts payable | 47/48 | €180 | €1,546 | +€1,366 | +757% |
| Accrued charges and deferred income | 492/3 | €3,160 | - | -€3,160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,059 | €754 | -€305 | -28.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €23,816 | -€31,771 | -€55,587 | |
| Operating profit (loss) | 9901 | €22,370 | -€32,924 | -€55,294 | |
| Financial income | 75/76B | €123 | €11 | -€112 | -91.1% |
| Recurring financial income | 75 | €123 | €11 | -€112 | -91.1% |
| Financial charges | 65/66B | €993 | €1,516 | +€523 | +52.7% |
| Recurring financial charges | 65 | €993 | €1,516 | +€523 | +52.7% |
| Profit (loss) for the period before taxes | 9903 | €21,500 | -€34,429 | -€55,929 | |
| Income taxes | 67/77 | €7,057 | €180 | -€6,877 | -97.5% |
| Profit (loss) for the period | 9904 | €14,443 | -€34,609 | -€49,052 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,443 | -€34,609 | -€49,052 |
Next steps
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 3 November 2026 via checked.be.