PAHVO SOLUTIONS: 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.
PAHVO SOLUTIONS
Largest movements
- Intangible fixed assets -€12,960
down €12,960 (-82.2%), from €15,766 to €2,807
- Receivables within one year -€1,442
down €1,442 (-80.0%), from €1,802 to €361
of which Trade receivables: -€1,748
- Formation expenses -€918
down €918 (-42.6%), from €2,153 to €1,235
- Cash -€900
down €900 (-41.7%), from €2,160 to €1,260
mainly Other debts (-€8,000) and Trade debts (-€5,566)
- Other debts -€8,000
down €8,000 (-66.7%), from €12,000 to €4,000
- Trade debts -€5,566
down €5,566 (-30.4%), from €18,328 to €12,762
- Profit (loss) carried forward -€3,584
down €3,584 (-15.3%), from -€23,447 to -€27,031
- Tax, wage and social debts +€932
new in 2025: €932
- Gross operating margin +€13,101
up €13,101, from -€664 to €12,437
- Depreciation -€2,525
down €2,525 (-15.4%), from €16,402 to €13,877
- Other operating charges +€1,508
up €1,508 (+248%), from €609 to €2,116
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 | €21,881 | €5,662 | -€16,219 | -74.1% |
| Formation expenses | 20 | €2,153 | €1,235 | -€918 | -42.6% |
| Fixed assets | 21/28 | €15,766 | €2,807 | -€12,960 | -82.2% |
| Intangible fixed assets | 21 | €15,766 | €2,807 | -€12,960 | -82.2% |
| Current assets | 29/58 | €3,962 | €1,620 | -€2,342 | -59.1% |
| Amounts receivable within one year | 40/41 | €1,802 | €361 | -€1,442 | -80.0% |
| Trade receivables | 40 | €1,748 | - | -€1,748 | |
| Other amounts receivable | 41 | €54 | €361 | +€306 | +563% |
| Cash at bank and in hand | 54/58 | €2,160 | €1,260 | -€900 | -41.7% |
| Total equity and liabilities | 10/49 | €21,881 | €5,662 | -€16,219 | -74.1% |
| Equity | 10/15 | -€8,447 | -€12,031 | -€3,584 | -42.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,447 | -€27,031 | -€3,584 | -15.3% |
| Amounts payable | 17/49 | €30,328 | €17,694 | -€12,635 | -41.7% |
| Amounts payable within one year | 42/48 | €30,328 | €17,694 | -€12,635 | -41.7% |
| Trade debts | 44 | €18,328 | €12,762 | -€5,566 | -30.4% |
| Suppliers | 440/4 | €18,328 | €12,762 | -€5,566 | -30.4% |
| Taxes, remuneration and social security | 45 | - | €932 | +€932 | |
| Taxes | 450/3 | - | €932 | +€932 | |
| Other amounts payable | 47/48 | €12,000 | €4,000 | -€8,000 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,402 | €13,877 | -€2,525 | -15.4% |
| Other operating charges | 640/8 | €609 | €2,116 | +€1,508 | +248% |
| Gross operating margin | 9900 | -€664 | €12,437 | +€13,101 | |
| Operating profit (loss) | 9901 | -€17,675 | -€3,557 | +€14,118 | +79.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €45 | €28 | -€17 | -38.4% |
| Recurring financial charges | 65 | €45 | €28 | -€17 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,720 | -€3,584 | +€14,135 | +79.8% |
| Profit (loss) for the period | 9904 | -€17,720 | -€3,584 | +€14,135 | +79.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,720 | -€3,584 | +€14,135 | +79.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.