P & V GROUP: what changed
What changed
P & V GROUP
NACE 82.100, Office administrative and support services
filed annual accounts (NBB)
Net result for the year
€59,580
2025 · €200,452-€140,873
Equity
€3.9m
2025 · €3.9m+€35,590
Cash
€56,319
2025 · €162,988-€106,670
Balance sheet total
€5.0m
2025 · €4.9m+€56,072
Largest movements
Assets
- Cash -€106,670
down €106,670 (-65.4%), from €162,988 to €56,319
mainly Other debts (-€147,535) and Receivables within one year (-€72,764)
- Receivables within one year +€72,764
up €72,764 (+9.5%), from €762,779 to €835,543
of which Other amounts receivable: +€165,146
- Financial fixed assets +€50,724
up €50,724 (+1.3%), from €3.9m to €3.9m
Equity and liabilities
- Other debts -€147,535
down €147,535 (-86.0%), from €171,525 to €23,990
- Trade debts +€102,651
up €102,651 (+26.3%), from €390,854 to €493,505
Income statement
- Staff costs +€374,207
up €374,207 (+27.1%), from €1.4m to €1.8m
- Turnover +€186,675
up €186,675 (+4.8%), from €3.9m to €4.0m
- Services and other goods -€165,959
down €165,959 (-7.0%), from €2.4m to €2.2m
- Financial income -€153,938
down €153,938 (-74.8%), from €205,810 to €51,872
of which Non-recurring financial income: -€152,083
- Financial charges -€47,793
down €47,793 (-54.9%), from €87,086 to €39,293
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€200,452
Turnover
+€186,675
Other operating income
+€260
Services and other goods
+€165,959
Staff costs
-€374,207
Other operating charges
-€104
Financial income
-€153,938
Financial charges
+€47,793
Taxes
-€13,312
Result 2026
€59,580
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€50,706
Investment
-€50,724
Financing
-€5,240
Cash 2025
€162,988
From operations (derived)
-€50,706
Net result for the year
+€59,580
Receivables within one year
-€72,764
Deferred charges and accrued income
-€39,254
Trade debts
+€102,651
Tax, wage and social debts
+€49,015
Other debts
-€147,535
Accrued charges and deferred income
-€2,398
Investment (derived)
-€50,724
Investment in fixed assets (net)
-€50,724
Financing
-€5,240
Debts after one year
+€18,750
Contributions, distributions and other
-€23,990
Cash 2026
€56,319
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,897,943 | €4,954,015 | +€56,072 | +1.1% |
| Fixed assets | 21/28 | €3,891,580 | €3,942,304 | +€50,724 | +1.3% |
| Financial fixed assets | 28 | €3,891,580 | €3,942,304 | +€50,724 | +1.3% |
| Affiliated companies | 280/1 | €3,891,580 | €3,942,304 | +€50,724 | +1.3% |
| Participating interests | 280 | €3,891,580 | €3,942,304 | +€50,724 | +1.3% |
| Current assets | 29/58 | €1,006,363 | €1,011,710 | +€5,348 | +0.5% |
| Amounts receivable within one year | 40/41 | €762,779 | €835,543 | +€72,764 | +9.5% |
| Trade receivables | 40 | €760,684 | €668,302 | -€92,382 | -12.1% |
| Other amounts receivable | 41 | €2,096 | €167,241 | +€165,146 | +7,881% |
| Cash at bank and in hand | 54/58 | €162,988 | €56,319 | -€106,670 | -65.4% |
| Deferred charges and accrued income | 490/1 | €80,595 | €119,849 | +€39,254 | +48.7% |
| Total equity and liabilities | 10/49 | €4,897,943 | €4,954,015 | +€56,072 | +1.1% |
| Equity | 10/15 | €3,885,868 | €3,921,458 | +€35,590 | +0.9% |
| Contributions | 10/11 | €1,217,919 | €1,217,919 | = | 0.0% |
| Capital | 10 | €1,217,919 | €1,217,919 | = | 0.0% |
| Issued capital | 100 | €1,217,919 | €1,217,919 | = | 0.0% |
| Reserves | 13 | €1,694,030 | €1,707,032 | +€13,002 | +0.8% |
| Non-distributable reserves | 130/1 | €41,101 | €54,102 | +€13,002 | +31.6% |
| Legal reserve | 130 | €41,101 | €54,102 | +€13,002 | +31.6% |
| Distributable reserves | 133 | €1,652,929 | €1,652,929 | = | 0.0% |
| Profit (loss) carried forward | 14 | €973,919 | €996,508 | +€22,588 | +2.3% |
| Amounts payable | 17/49 | €1,012,075 | €1,032,557 | +€20,482 | +2.0% |
| Amounts payable after more than one year | 17 | - | €18,750 | +€18,750 | |
| Financial debts | 170/4 | - | €18,750 | +€18,750 | |
| Subordinated loans | 170 | - | €18,750 | +€18,750 | |
| Amounts payable within one year | 42/48 | €998,171 | €1,002,301 | +€4,130 | +0.4% |
| Trade debts | 44 | €390,854 | €493,505 | +€102,651 | +26.3% |
| Suppliers | 440/4 | €390,854 | €493,505 | +€102,651 | +26.3% |
| Taxes, remuneration and social security | 45 | €435,792 | €484,807 | +€49,015 | +11.2% |
| Taxes | 450/3 | €113,332 | €100,242 | -€13,090 | -11.6% |
| Remuneration and social security | 454/9 | €322,460 | €384,565 | +€62,105 | +19.3% |
| Other amounts payable | 47/48 | €171,525 | €23,990 | -€147,535 | -86.0% |
| Accrued charges and deferred income | 492/3 | €13,904 | €11,506 | -€2,398 | -17.2% |
| Operating income | 70/76A | €3,864,713 | €4,051,648 | +€186,935 | +4.8% |
| Turnover | 70 | €3,857,891 | €4,044,566 | +€186,675 | +4.8% |
| Other operating income | 74 | €6,821 | €7,082 | +€260 | +3.8% |
| Operating charges | 60/66A | €3,767,048 | €3,975,400 | +€208,352 | +5.5% |
| Services and other goods | 61 | €2,386,375 | €2,220,415 | -€165,959 | -7.0% |
| Remuneration, social security and pensions | 62 | €1,379,261 | €1,753,468 | +€374,207 | +27.1% |
| Other operating charges | 640/8 | €1,413 | €1,517 | +€104 | +7.4% |
| Operating profit (loss) | 9901 | €97,665 | €76,248 | -€21,417 | -21.9% |
| Financial income | 75/76B | €205,810 | €51,872 | -€153,938 | -74.8% |
| Recurring financial income | 75 | €3,003 | €1,148 | -€1,855 | -61.8% |
| Income from current assets | 751 | €3,003 | €1,116 | -€1,888 | -62.8% |
| Other financial income | 752/9 | €0 | €32 | +€32 | +324,800% |
| Non-recurring financial income | 76B | €202,807 | €50,724 | -€152,083 | -75.0% |
| Financial charges | 65/66B | €87,086 | €39,293 | -€47,793 | -54.9% |
| Recurring financial charges | 65 | €87,086 | €39,293 | -€47,793 | -54.9% |
| Debt charges | 650 | €86,435 | €38,302 | -€48,134 | -55.7% |
| Other financial charges | 652/9 | €651 | €991 | +€340 | +52.2% |
| Profit (loss) for the period before taxes | 9903 | €216,389 | €88,828 | -€127,561 | -58.9% |
| Income taxes | 67/77 | €15,936 | €29,248 | +€13,312 | +83.5% |
| Taxes | 670/3 | €15,936 | €29,248 | +€13,312 | +83.5% |
| Profit (loss) for the period | 9904 | €200,452 | €59,580 | -€140,873 | -70.3% |
| Profit (loss) for the period to be appropriated | 9905 | €200,452 | €59,580 | -€140,873 | -70.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.