DESTOCKAGE PVC.BE: 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.
DESTOCKAGE PVC.BE
Largest movements
- Cash +€98,467
up €98,467 (+311%), from €31,649 to €130,115
mainly Receivables within one year (+€70,744) and Stocks and contracts (+€50,810)
- Receivables within one year -€70,744
no longer reported in 2025 (was €70,744)
- Stocks and contracts -€50,810
down €50,810 (-24.4%), from €208,378 to €157,568
- Trade debts -€30,727
down €30,727 (-22.2%), from €138,414 to €107,687
- Gross operating margin -€10,707
down €10,707 (-18.1%), from €59,243 to €48,536
- Taxes -€5,678
down €5,678 (-91.5%), from €6,207 to €529
- Staff costs +€5,429
up €5,429 (+15.1%), from €35,870 to €41,299
- Other operating charges +€1,139
up €1,139 (+124%), from €919 to €2,058
- Depreciation +€898
up €898 (+59.8%), from €1,502 to €2,400
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 | €324,507 | €298,199 | -€26,307 | -8.1% |
| Fixed assets | 21/28 | €12,057 | €10,516 | -€1,542 | -12.8% |
| Tangible fixed assets | 22/27 | €6,357 | €4,816 | -€1,542 | -24.3% |
| Furniture and vehicles | 24 | €6,357 | €4,816 | -€1,542 | -24.3% |
| Financial fixed assets | 28 | €5,700 | €5,700 | = | 0.0% |
| Current assets | 29/58 | €312,449 | €287,684 | -€24,766 | -7.9% |
| Stocks and contracts in progress | 3 | €208,378 | €157,568 | -€50,810 | -24.4% |
| Stocks | 30/36 | €208,378 | €157,568 | -€50,810 | -24.4% |
| Amounts receivable within one year | 40/41 | €70,744 | - | -€70,744 | |
| Trade receivables | 40 | €70,744 | - | -€70,744 | |
| Cash at bank and in hand | 54/58 | €31,649 | €130,115 | +€98,467 | +311% |
| Deferred charges and accrued income | 490/1 | €1,679 | - | -€1,679 | |
| Total equity and liabilities | 10/49 | €324,507 | €298,199 | -€26,307 | -8.1% |
| Equity | 10/15 | €55,968 | €57,918 | +€1,950 | +3.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €43,369 | €43,369 | = | 0.0% |
| Distributable reserves | 133 | €43,369 | €43,369 | = | 0.0% |
| Profit (loss) carried forward | 14 | €199 | €2,149 | +€1,950 | +980% |
| Amounts payable | 17/49 | €268,538 | €240,281 | -€28,257 | -10.5% |
| Amounts payable within one year | 42/48 | €268,538 | €240,281 | -€28,257 | -10.5% |
| Trade debts | 44 | €138,414 | €107,687 | -€30,727 | -22.2% |
| Suppliers | 440/4 | €138,414 | €107,687 | -€30,727 | -22.2% |
| Advances received on contracts in progress | 46 | €11,400 | €11,533 | +€133 | +1.2% |
| Taxes, remuneration and social security | 45 | €25,438 | €26,590 | +€1,152 | +4.5% |
| Taxes | 450/3 | €15,099 | €15,550 | +€451 | +3.0% |
| Remuneration and social security | 454/9 | €10,340 | €11,040 | +€700 | +6.8% |
| Other amounts payable | 47/48 | €93,286 | €94,471 | +€1,185 | +1.3% |
| Remuneration, social security and pensions | 62 | €35,870 | €41,299 | +€5,429 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,502 | €2,400 | +€898 | +59.8% |
| Other operating charges | 640/8 | €919 | €2,058 | +€1,139 | +124% |
| Gross operating margin | 9900 | €59,243 | €48,536 | -€10,707 | -18.1% |
| Operating profit (loss) | 9901 | €20,952 | €2,779 | -€18,173 | -86.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €0 | €299 | +€299 | +129,952% |
| Recurring financial charges | 65 | €0 | €299 | +€299 | +129,952% |
| Profit (loss) for the period before taxes | 9903 | €20,952 | €2,480 | -€18,472 | -88.2% |
| Income taxes | 67/77 | €6,207 | €529 | -€5,678 | -91.5% |
| Profit (loss) for the period | 9904 | €14,744 | €1,950 | -€12,794 | -86.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,744 | €1,950 | -€12,794 | -86.8% |
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.