Pevacon: 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.
Pevacon
Largest movements
- Tangible fixed assets -€7,875
down €7,875 (-5.1%), from €155,785 to €147,910
of which Land and buildings: -€5,142
- Receivables within one year +€1,862
up €1,862 (+40.0%), from €4,650 to €6,512
of which Trade receivables: +€3,250
- Other debts +€10,463
up €10,463 (+6.5%), from €160,143 to €170,605
- Debts after one year -€8,536
down €8,536 (-10.1%), from €84,889 to €76,353
- Profit (loss) carried forward -€5,350
down €5,350 (-3.5%), from -€154,604 to -€159,954
- Current portion of long-term debt -€3,141
down €3,141 (-23.7%), from €13,240 to €10,099
- Gross operating margin +€3,297
up €3,297 (+86.4%), from €3,816 to €7,114
- Depreciation -€346
down €346 (-4.2%), from €8,220 to €7,875
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €160,435 | €154,422 | -€6,013 | -3.7% |
| Fixed assets | 21/28 | €155,785 | €147,910 | -€7,875 | -5.1% |
| Tangible fixed assets | 22/27 | €155,785 | €147,910 | -€7,875 | -5.1% |
| Land and buildings | 22 | €150,278 | €145,135 | -€5,142 | -3.4% |
| Plant, machinery and equipment | 23 | €5,221 | €2,632 | -€2,589 | -49.6% |
| Furniture and vehicles | 24 | €287 | €143 | -€143 | -50.0% |
| Current assets | 29/58 | €4,650 | €6,512 | +€1,862 | +40.0% |
| Amounts receivable within one year | 40/41 | €4,650 | €6,512 | +€1,862 | +40.0% |
| Trade receivables | 40 | €3,250 | €6,500 | +€3,250 | +100% |
| Other amounts receivable | 41 | €1,400 | €12 | -€1,388 | -99.1% |
| Total equity and liabilities | 10/49 | €160,435 | €154,422 | -€6,013 | -3.7% |
| Equity | 10/15 | -€98,444 | -€103,794 | -€5,350 | -5.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €49,960 | €49,960 | = | 0.0% |
| 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 | €48,100 | €48,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€154,604 | -€159,954 | -€5,350 | -3.5% |
| Amounts payable | 17/49 | €258,879 | €258,216 | -€662 | -0.3% |
| Amounts payable after more than one year | 17 | €84,889 | €76,353 | -€8,536 | -10.1% |
| Financial debts | 170/4 | €84,889 | €76,353 | -€8,536 | -10.1% |
| Amounts payable within one year | 42/48 | €173,990 | €181,863 | +€7,873 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €13,240 | €10,099 | -€3,141 | -23.7% |
| Financial debts | 43 | €2 | €54 | +€52 | +2,072% |
| Credit institutions | 430/8 | €2 | €54 | +€52 | +2,072% |
| Trade debts | 44 | - | €130 | +€130 | |
| Suppliers | 440/4 | - | €130 | +€130 | |
| Advances received on contracts in progress | 46 | €605 | €605 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €370 | +€370 | |
| Taxes | 450/3 | - | €370 | +€370 | |
| Other amounts payable | 47/48 | €160,143 | €170,605 | +€10,463 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,220 | €7,875 | -€346 | -4.2% |
| Gross operating margin | 9900 | €3,816 | €7,114 | +€3,297 | +86.4% |
| Operating profit (loss) | 9901 | -€4,404 | -€761 | +€3,643 | +82.7% |
| Financial charges | 65/66B | €4,608 | €4,589 | -€19 | -0.4% |
| Recurring financial charges | 65 | €4,608 | €4,589 | -€19 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,012 | -€5,350 | +€3,662 | +40.6% |
| Profit (loss) for the period | 9904 | -€9,012 | -€5,350 | +€3,662 | +40.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,012 | -€5,350 | +€3,662 | +40.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.