PAVE CONSULTING: 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.
PAVE CONSULTING
Largest movements
- Current investments +€33,318
new in 2025: €33,318
- Cash -€32,981
down €32,981 (-49.8%), from €66,175 to €33,194
mainly Current investments (-€33,318) and Contributions, distributions and other (-€33,167)
- Tangible fixed assets -€18,618
down €18,618 (-34.3%), from €54,262 to €35,644
of which Furniture and vehicles: -€18,595
- Receivables within one year +€6,323
up €6,323 (+241%), from €2,623 to €8,946
of which Trade receivables: +€5,391
- Reserves -€32,086
down €32,086 (-31.9%), from €100,609 to €68,523
of which Distributable reserves: -€32,086
- Other debts +€17,932
up €17,932 (+834%), from €2,149 to €20,081
- Profit (loss) carried forward +€3,987
no longer reported in 2025 (was -€3,987)
- Accrued charges and deferred income -€1,477
down €1,477 (-89.5%), from €1,651 to €174
- Gross operating margin +€11,558
up €11,558 (+50.6%), from €22,863 to €34,421
- Financial charges +€6,232
up €6,232 (+777%), from €802 to €7,034
- Financial income +€2,700
new in 2025: €2,700
- Taxes +€2,699
up €2,699 (+121%), from €2,224 to €4,923
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 | €125,554 | €112,747 | -€12,806 | -10.2% |
| Fixed assets | 21/28 | €54,262 | €35,644 | -€18,618 | -34.3% |
| Tangible fixed assets | 22/27 | €54,262 | €35,644 | -€18,618 | -34.3% |
| Furniture and vehicles | 24 | €54,239 | €35,644 | -€18,595 | -34.3% |
| Other tangible fixed assets | 26 | €23 | - | -€23 | |
| Current assets | 29/58 | €71,291 | €77,103 | +€5,812 | +8.2% |
| Amounts receivable within one year | 40/41 | €2,623 | €8,946 | +€6,323 | +241% |
| Trade receivables | 40 | €2,614 | €8,004 | +€5,391 | +206% |
| Other amounts receivable | 41 | €9 | €942 | +€932 | +10,146% |
| Current investments | 50/53 | - | €33,318 | +€33,318 | |
| Cash at bank and in hand | 54/58 | €66,175 | €33,194 | -€32,981 | -49.8% |
| Deferred charges and accrued income | 490/1 | €2,493 | €1,645 | -€848 | -34.0% |
| Total equity and liabilities | 10/49 | €125,554 | €112,747 | -€12,806 | -10.2% |
| Equity | 10/15 | €115,223 | €87,123 | -€28,099 | -24.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100,609 | €68,523 | -€32,086 | -31.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €98,749 | €66,663 | -€32,086 | -32.5% |
| Profit (loss) carried forward | 14 | -€3,987 | - | +€3,987 | |
| Amounts payable | 17/49 | €10,331 | €25,624 | +€15,293 | +148% |
| Amounts payable within one year | 42/48 | €8,680 | €25,450 | +€16,771 | +193% |
| Financial debts | 43 | €18 | €21 | +€3 | +16.7% |
| Credit institutions | 430/8 | €18 | €21 | +€3 | +16.7% |
| Trade debts | 44 | €3,032 | €2,613 | -€419 | -13.8% |
| Suppliers | 440/4 | €3,032 | €2,613 | -€419 | -13.8% |
| Taxes, remuneration and social security | 45 | €3,480 | €2,735 | -€745 | -21.4% |
| Taxes | 450/3 | €3,480 | €2,735 | -€745 | -21.4% |
| Other amounts payable | 47/48 | €2,149 | €20,081 | +€17,932 | +834% |
| Accrued charges and deferred income | 492/3 | €1,651 | €174 | -€1,477 | -89.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,827 | €18,897 | +€70 | +0.4% |
| Other operating charges | 640/8 | €1,146 | €1,177 | +€31 | +2.7% |
| Non-recurring operating charges | 66A | - | €23 | +€23 | |
| Gross operating margin | 9900 | €22,863 | €34,421 | +€11,558 | +50.6% |
| Operating profit (loss) | 9901 | €2,891 | €14,325 | +€11,434 | +396% |
| Financial income | 75/76B | - | €2,700 | +€2,700 | |
| Recurring financial income | 75 | - | €2,700 | +€2,700 | |
| Financial charges | 65/66B | €802 | €7,034 | +€6,232 | +777% |
| Recurring financial charges | 65 | €802 | €7,034 | +€6,232 | +777% |
| Profit (loss) for the period before taxes | 9903 | €2,089 | €9,991 | +€7,902 | +378% |
| Income taxes | 67/77 | €2,224 | €4,923 | +€2,699 | +121% |
| Profit (loss) for the period | 9904 | -€136 | €5,067 | +€5,203 | |
| Profit (loss) for the period to be appropriated | 9905 | -€136 | €5,067 | +€5,203 |
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 15 October 2026 via checked.be.