QUENTIN PETRISOT: 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.
QUENTIN PETRISOT
Largest movements
- Receivables within one year -€43,780
down €43,780 (-83.3%), from €52,529 to €8,749
of which Other amounts receivable: -€43,780
- Tangible fixed assets +€14,934
up €14,934 (+131%), from €11,366 to €26,300
- Cash +€11,224
up €11,224 (+356%), from €3,152 to €14,376
mainly Receivables within one year (+€43,780) and Other debts (+€18,345)
- Debts after one year -€39,382
down €39,382 (-8.9%), from €444,681 to €405,300
- Other debts +€18,345
new in 2025: €18,345
- Financial income -€65,717
no longer reported in 2025 (was €65,717)
- Financial charges +€4,680
up €4,680 (+63.4%), from €7,384 to €12,064
- Gross operating margin +€4,459
up €4,459 (+39.1%), from €11,410 to €15,869
- Depreciation +€4,021
up €4,021 (+634%), from €634 to €4,655
- Taxes -€656
down €656 (-96.8%), from €678 to €22
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 | €750,253 | €732,718 | -€17,535 | -2.3% |
| Fixed assets | 21/28 | €694,572 | €709,506 | +€14,934 | +2.2% |
| Tangible fixed assets | 22/27 | €11,366 | €26,300 | +€14,934 | +131% |
| Furniture and vehicles | 24 | €11,366 | €26,300 | +€14,934 | +131% |
| Financial fixed assets | 28 | €683,206 | €683,206 | = | 0.0% |
| Current assets | 29/58 | €55,681 | €23,212 | -€32,469 | -58.3% |
| Amounts receivable within one year | 40/41 | €52,529 | €8,749 | -€43,780 | -83.3% |
| Trade receivables | 40 | €8,470 | €8,470 | = | 0.0% |
| Other amounts receivable | 41 | €44,059 | €279 | -€43,780 | -99.4% |
| Cash at bank and in hand | 54/58 | €3,152 | €14,376 | +€11,224 | +356% |
| Deferred charges and accrued income | 490/1 | - | €86 | +€86 | |
| Total equity and liabilities | 10/49 | €750,253 | €732,718 | -€17,535 | -2.3% |
| Equity | 10/15 | €267,275 | €266,254 | -€1,021 | -0.4% |
| Contributions | 10/11 | €198,844 | €198,844 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,430 | €67,409 | -€1,021 | -1.5% |
| Amounts payable | 17/49 | €482,978 | €466,464 | -€16,514 | -3.4% |
| Amounts payable after more than one year | 17 | €444,681 | €405,300 | -€39,382 | -8.9% |
| Financial debts | 170/4 | €444,681 | €405,300 | -€39,382 | -8.9% |
| Amounts payable within one year | 42/48 | €38,297 | €61,164 | +€22,868 | +59.7% |
| Current portion of amounts payable after more than one year | 42 | €29,283 | €36,190 | +€6,907 | +23.6% |
| Trade debts | 44 | €514 | €62 | -€452 | -88.0% |
| Suppliers | 440/4 | €514 | €62 | -€452 | -88.0% |
| Taxes, remuneration and social security | 45 | €8,499 | €6,567 | -€1,932 | -22.7% |
| Taxes | 450/3 | €8,499 | €6,567 | -€1,932 | -22.7% |
| Other amounts payable | 47/48 | - | €18,345 | +€18,345 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €634 | €4,655 | +€4,021 | +634% |
| Other operating charges | 640/8 | - | €149 | +€149 | |
| Gross operating margin | 9900 | €11,410 | €15,869 | +€4,459 | +39.1% |
| Operating profit (loss) | 9901 | €10,776 | €11,066 | +€290 | +2.7% |
| Financial income | 75/76B | €65,717 | - | -€65,717 | |
| Recurring financial income | 75 | €65,717 | - | -€65,717 | |
| Financial charges | 65/66B | €7,384 | €12,064 | +€4,680 | +63.4% |
| Recurring financial charges | 65 | €7,384 | €12,064 | +€4,680 | +63.4% |
| Profit (loss) for the period before taxes | 9903 | €69,109 | -€999 | -€70,108 | |
| Income taxes | 67/77 | €678 | €22 | -€656 | -96.8% |
| Profit (loss) for the period | 9904 | €68,430 | -€1,021 | -€69,451 | |
| Profit (loss) for the period to be appropriated | 9905 | €68,430 | -€1,021 | -€69,451 |
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 23 October 2026 via checked.be.