PELVIK: what changed
Two fiscal 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.
PELVIK
Largest movements
- Cash +€71,454
up €71,454 (+133.6%), from €53,480 to €124,933
mainly Net result for the year (+€82,323) and Depreciation (+€7,735)
- Receivables within one year +€8,968
up €8,968 (+139.5%), from €6,427 to €15,396
of which Other amounts receivable: +€15,396
- Deferred charges and accrued income +€6,532
up €6,532 (+244.6%), from €2,671 to €9,203
- Profit (loss) carried forward +€82,323
up €82,323 (+196.8%), from €41,829 to €124,152
- Other debts +€2,972
up €2,972 (+8.5%), from €35,109 to €38,081
- Gross operating margin +€67,816
up €67,816 (+123.9%), from €54,731 to €122,547
- Taxes +€18,905
up €18,905 (+176.6%), from €10,705 to €29,610
- Depreciation +€6,119
up €6,119 (+378.6%), from €1,616 to €7,735
- Financial charges +€1,895
up €1,895 (+977.8%), from €194 to €2,089
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.
Cash bridge derived
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 | €90,174 | €176,705 | +€86,531 | +96.0% |
| Fixed assets | 21/28 | €27,596 | €27,173 | -€423 | -1.5% |
| Tangible fixed assets | 22/27 | €27,596 | €27,173 | -€423 | -1.5% |
| Land and buildings | 22 | - | €3,532 | +€3,532 | |
| Plant, machinery and equipment | 23 | €10,970 | €13,049 | +€2,079 | +19.0% |
| Furniture and vehicles | 24 | €16,627 | €10,592 | -€6,034 | -36.3% |
| Current assets | 29/58 | €62,578 | €149,532 | +€86,954 | +139.0% |
| Amounts receivable within one year | 40/41 | €6,427 | €15,396 | +€8,968 | +139.5% |
| Trade receivables | 40 | €6,427 | - | -€6,427 | |
| Other amounts receivable | 41 | - | €15,396 | +€15,396 | |
| Cash at bank and in hand | 54/58 | €53,480 | €124,933 | +€71,454 | +133.6% |
| Deferred charges and accrued income | 490/1 | €2,671 | €9,203 | +€6,532 | +244.6% |
| Total equity and liabilities | 10/49 | €90,174 | €176,705 | +€86,531 | +96.0% |
| Equity | 10/15 | €44,229 | €126,552 | +€82,323 | +186.1% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,829 | €124,152 | +€82,323 | +196.8% |
| Amounts payable | 17/49 | €45,945 | €50,154 | +€4,208 | +9.2% |
| Amounts payable within one year | 42/48 | €45,945 | €50,154 | +€4,208 | +9.2% |
| Trade debts | 44 | €132 | €243 | +€111 | +84.6% |
| Suppliers | 440/4 | €132 | €243 | +€111 | +84.6% |
| Taxes, remuneration and social security | 45 | €10,705 | €11,830 | +€1,125 | +10.5% |
| Taxes | 450/3 | €10,705 | €11,830 | +€1,125 | +10.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €35,109 | €38,081 | +€2,972 | +8.5% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,616 | €7,735 | +€6,119 | +378.6% |
| Other operating charges | 640/8 | €387 | €811 | +€424 | +109.3% |
| Gross operating margin | 9900 | €54,731 | €122,547 | +€67,816 | +123.9% |
| Operating profit (loss) | 9901 | €52,728 | €114,001 | +€61,274 | +116.2% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €194 | €2,089 | +€1,895 | +977.8% |
| Recurring financial charges | 65 | €194 | €2,089 | +€1,895 | +977.8% |
| Profit (loss) for the period before taxes | 9903 | €52,534 | €111,933 | +€59,399 | +113.1% |
| Income taxes | 67/77 | €10,705 | €29,610 | +€18,905 | +176.6% |
| Profit (loss) for the period | 9904 | €41,829 | €82,323 | +€40,494 | +96.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,829 | €82,323 | +€40,494 | +96.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.