NEW PVC: 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.
NEW PVC
Largest movements
- Receivables within one year +€6,504
up €6,504 (+11.5%), from €56,524 to €63,028
of which Trade receivables: +€6,390
- Stocks and contracts -€1,980
down €1,980 (-100%), from €1,980 to €0
- Tangible fixed assets -€1,917
down €1,917 (-100%), from €1,917 to €0
- Cash -€828
down €828 (-100%), from €828 to €0
mainly Receivables within one year (-€6,504) and Net result for the year (-€6,277)
- Other debts +€6,444
up €6,444 (+29.9%), from €21,540 to €27,984
- Profit (loss) carried forward -€6,277
down €6,277, from €914 to -€5,363
- Short-term financial debts +€2,772
new in 2024: €2,772
- Trade debts -€647
down €647 (-6.0%), from €10,810 to €10,162
- Gross operating margin -€10,379
down €10,379, from €7,195 to -€3,184
- Depreciation +€959
up €959 (+100%), from €959 to €1,917
- Other operating charges -€212
down €212 (-38.2%), from €554 to €342
- Financial charges +€117
up €117 (+16.3%), from €717 to €833
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,665 | €63,444 | +€1,779 | +2.9% |
| Fixed assets | 21/28 | €2,333 | €416 | -€1,917 | -82.2% |
| Tangible fixed assets | 22/27 | €1,917 | €0 | -€1,917 | -100% |
| Furniture and vehicles | 24 | €1,917 | €0 | -€1,917 | -100% |
| Financial fixed assets | 28 | €416 | €416 | = | 0.0% |
| Current assets | 29/58 | €59,332 | €63,028 | +€3,696 | +6.2% |
| Stocks and contracts in progress | 3 | €1,980 | €0 | -€1,980 | -100% |
| Stocks | 30/36 | €1,980 | €0 | -€1,980 | -100% |
| Amounts receivable within one year | 40/41 | €56,524 | €63,028 | +€6,504 | +11.5% |
| Trade receivables | 40 | €56,463 | €62,853 | +€6,390 | +11.3% |
| Other amounts receivable | 41 | €61 | €175 | +€114 | +185% |
| Cash at bank and in hand | 54/58 | €828 | €0 | -€828 | -100% |
| Total equity and liabilities | 10/49 | €61,665 | €63,444 | +€1,779 | +2.9% |
| Equity | 10/15 | €28,802 | €22,525 | -€6,277 | -21.8% |
| Contributions | 10/11 | €26,029 | €26,029 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €914 | -€5,363 | -€6,277 | |
| Amounts payable | 17/49 | €32,863 | €40,919 | +€8,056 | +24.5% |
| Amounts payable within one year | 42/48 | €32,863 | €40,919 | +€8,056 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €513 | €0 | -€513 | -100% |
| Financial debts | 43 | - | €2,772 | +€2,772 | |
| Credit institutions | 430/8 | - | €2,772 | +€2,772 | |
| Trade debts | 44 | €10,810 | €10,162 | -€647 | -6.0% |
| Suppliers | 440/4 | €10,810 | €10,162 | -€647 | -6.0% |
| Other amounts payable | 47/48 | €21,540 | €27,984 | +€6,444 | +29.9% |
| Non-recurring operating income | 76A | - | €388 | +€388 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €959 | €1,917 | +€959 | +100% |
| Other operating charges | 640/8 | €554 | €342 | -€212 | -38.2% |
| Gross operating margin | 9900 | €7,195 | -€3,184 | -€10,379 | |
| Operating profit (loss) | 9901 | €5,682 | -€5,444 | -€11,126 | |
| Financial charges | 65/66B | €717 | €833 | +€117 | +16.3% |
| Recurring financial charges | 65 | €717 | €833 | +€117 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | €4,966 | -€6,277 | -€11,243 | |
| Profit (loss) for the period | 9904 | €4,966 | -€6,277 | -€11,243 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,966 | -€6,277 | -€11,243 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.