PeV Management 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.
PeV Management Solutions
Largest movements
- Receivables within one year -€68,295
down €68,295 (-76.2%), from €89,591 to €21,296
of which Other amounts receivable: -€74,963
- Cash +€32,425
up €32,425 (+393%), from €8,242 to €40,667
mainly Net result for the year (+€121,338) and Receivables within one year (+€68,295)
- Receivables after one year -€25,000
down €25,000 (-100%), from €25,000 to €0
- Tangible fixed assets -€1,810
down €1,810 (-45.3%), from €3,994 to €2,184
of which Plant, machinery and equipment: -€1,787
- Other debts -€141,119
down €141,119 (-94.1%), from €150,000 to €8,881
- Profit (loss) carried forward +€121,338
up €121,338 (+39.1%), from -€310,196 to -€188,857
- Tax, wage and social debts -€16,718
down €16,718 (-45.7%), from €36,603 to €19,885
- Trade debts -€15,575
down €15,575 (-84.8%), from €18,359 to €2,784
- Current portion of long-term debt -€12,000
down €12,000 (-54.5%), from €22,000 to €10,000
- Gross operating margin +€23,929
up €23,929 (+23.4%), from €102,269 to €126,198
- Taxes -€5,605
down €5,605 (-94.5%), from €5,933 to €328
- Financial charges -€5,353
down €5,353 (-76.3%), from €7,020 to €1,667
- Other operating charges -€3,915
down €3,915 (-62.1%), from €6,301 to €2,385
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €127,334 | €64,543 | -€62,791 | -49.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €3,999 | €2,189 | -€1,810 | -45.3% |
| Tangible fixed assets | 22/27 | €3,994 | €2,184 | -€1,810 | -45.3% |
| Plant, machinery and equipment | 23 | €3,971 | €2,184 | -€1,787 | -45.0% |
| Furniture and vehicles | 24 | €23 | €0 | -€23 | -100% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €123,335 | €62,354 | -€60,981 | -49.4% |
| Amounts receivable after more than one year | 29 | €25,000 | €0 | -€25,000 | -100% |
| Other amounts receivable | 291 | €25,000 | €0 | -€25,000 | -100% |
| Amounts receivable within one year | 40/41 | €89,591 | €21,296 | -€68,295 | -76.2% |
| Trade receivables | 40 | €14,628 | €21,296 | +€6,668 | +45.6% |
| Other amounts receivable | 41 | €74,963 | €0 | -€74,963 | -100% |
| Cash at bank and in hand | 54/58 | €8,242 | €40,667 | +€32,425 | +393% |
| Deferred charges and accrued income | 490/1 | €503 | €391 | -€112 | -22.2% |
| Total equity and liabilities | 10/49 | €127,334 | €64,543 | -€62,791 | -49.3% |
| Equity | 10/15 | -€99,627 | €21,711 | +€121,338 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €191,969 | €191,969 | = | 0.0% |
| Distributable reserves | 133 | €191,969 | €191,969 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€310,196 | -€188,857 | +€121,338 | +39.1% |
| Amounts payable | 17/49 | €226,961 | €42,832 | -€184,129 | -81.1% |
| Amounts payable within one year | 42/48 | €226,961 | €41,550 | -€185,411 | -81.7% |
| Current portion of amounts payable after more than one year | 42 | €22,000 | €10,000 | -€12,000 | -54.5% |
| Trade debts | 44 | €18,359 | €2,784 | -€15,575 | -84.8% |
| Suppliers | 440/4 | €18,359 | €2,784 | -€15,575 | -84.8% |
| Taxes, remuneration and social security | 45 | €36,603 | €19,885 | -€16,718 | -45.7% |
| Taxes | 450/3 | €36,603 | €19,885 | -€16,718 | -45.7% |
| Other amounts payable | 47/48 | €150,000 | €8,881 | -€141,119 | -94.1% |
| Accrued charges and deferred income | 492/3 | - | €1,282 | +€1,282 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,460 | €1,810 | +€350 | +23.9% |
| Other operating charges | 640/8 | €6,301 | €2,385 | -€3,915 | -62.1% |
| Non-recurring operating charges | 66A | €52 | €0 | -€52 | -100% |
| Gross operating margin | 9900 | €102,269 | €126,198 | +€23,929 | +23.4% |
| Operating profit (loss) | 9901 | €94,456 | €122,003 | +€27,547 | +29.2% |
| Financial income | 75/76B | €1,860 | €1,330 | -€530 | -28.5% |
| Recurring financial income | 75 | €1,860 | €1,330 | -€530 | -28.5% |
| Financial charges | 65/66B | €7,020 | €1,667 | -€5,353 | -76.3% |
| Recurring financial charges | 65 | €7,020 | €1,667 | -€5,353 | -76.3% |
| Profit (loss) for the period before taxes | 9903 | €89,296 | €121,666 | +€32,370 | +36.3% |
| Income taxes | 67/77 | €5,933 | €328 | -€5,605 | -94.5% |
| Profit (loss) for the period | 9904 | €83,363 | €121,338 | +€37,975 | +45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €83,363 | €121,338 | +€37,975 | +45.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.