PEVAKIP: 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.
PEVAKIP
Largest movements
- Current investments +€21,094
new in 2024: €21,094
- Tangible fixed assets +€19,448
up €19,448 (+19.1%), from €101,711 to €121,159
of which Furniture and vehicles: +€20,133
- Deferred charges and accrued income -€5,808
no longer reported in 2024 (was €5,808)
- Receivables within one year -€5,786
down €5,786 (-82.3%), from €7,028 to €1,242
- Reserves +€19,427
up €19,427 (+17.8%), from €109,020 to €128,447
of which Distributable reserves: +€22,127
- Trade debts +€17,069
up €17,069 (+49.6%), from €34,425 to €51,493
- Debts after one year -€8,145
down €8,145 (-59.7%), from €13,637 to €5,492
- Gross operating margin +€12,465
up €12,465 (+11.8%), from €105,657 to €118,121
- Depreciation +€12,404
up €12,404 (+38.2%), from €32,433 to €44,838
- Staff costs -€11,340
down €11,340 (-26.2%), from €43,203 to €31,863
- Taxes +€4,095
up €4,095 (+49.2%), from €8,329 to €12,424
- Financial charges +€2,067
up €2,067 (+109%), from €1,891 to €3,957
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €235,977 | €266,376 | +€30,400 | +12.9% |
| Fixed assets | 21/28 | €112,284 | €129,607 | +€17,323 | +15.4% |
| Intangible fixed assets | 21 | €10,085 | €7,960 | -€2,125 | -21.1% |
| Tangible fixed assets | 22/27 | €101,711 | €121,159 | +€19,448 | +19.1% |
| Plant, machinery and equipment | 23 | €6,409 | €5,723 | -€685 | -10.7% |
| Furniture and vehicles | 24 | €95,302 | €115,435 | +€20,133 | +21.1% |
| Financial fixed assets | 28 | €488 | €488 | = | 0.0% |
| Current assets | 29/58 | €123,692 | €136,769 | +€13,077 | +10.6% |
| Stocks and contracts in progress | 3 | €2,439 | €3,747 | +€1,309 | +53.7% |
| Stocks | 30/36 | €2,439 | €3,747 | +€1,309 | +53.7% |
| Amounts receivable within one year | 40/41 | €7,028 | €1,242 | -€5,786 | -82.3% |
| Other amounts receivable | 41 | €7,028 | €1,242 | -€5,786 | -82.3% |
| Current investments | 50/53 | - | €21,094 | +€21,094 | |
| Cash at bank and in hand | 54/58 | €108,418 | €110,686 | +€2,268 | +2.1% |
| Deferred charges and accrued income | 490/1 | €5,808 | - | -€5,808 | |
| Total equity and liabilities | 10/49 | €235,977 | €266,376 | +€30,400 | +12.9% |
| Equity | 10/15 | €125,031 | €147,047 | +€22,016 | +17.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €109,020 | €128,447 | +€19,427 | +17.8% |
| Tax-exempt reserves | 132 | €20,658 | €17,958 | -€2,700 | -13.1% |
| Distributable reserves | 133 | €88,362 | €110,489 | +€22,127 | +25.0% |
| Profit (loss) carried forward | 14 | -€2,589 | - | +€2,589 | |
| Provisions and deferred taxes | 16 | €2,621 | €1,721 | -€900 | -34.3% |
| Deferred taxes | 168 | €2,621 | €1,721 | -€900 | -34.3% |
| Amounts payable | 17/49 | €108,325 | €117,608 | +€9,283 | +8.6% |
| Amounts payable after more than one year | 17 | €13,637 | €5,492 | -€8,145 | -59.7% |
| Financial debts | 170/4 | €13,637 | €5,492 | -€8,145 | -59.7% |
| Amounts payable within one year | 42/48 | €94,335 | €110,346 | +€16,011 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €8,035 | €8,145 | +€110 | +1.4% |
| Trade debts | 44 | €34,425 | €51,493 | +€17,069 | +49.6% |
| Suppliers | 440/4 | €34,425 | €51,493 | +€17,069 | +49.6% |
| Taxes, remuneration and social security | 45 | €20,087 | €19,172 | -€915 | -4.6% |
| Taxes | 450/3 | €11,905 | €11,591 | -€314 | -2.6% |
| Remuneration and social security | 454/9 | €8,182 | €7,581 | -€601 | -7.3% |
| Other amounts payable | 47/48 | €31,788 | €31,536 | -€252 | -0.8% |
| Accrued charges and deferred income | 492/3 | €353 | €1,770 | +€1,417 | +401% |
| Remuneration, social security and pensions | 62 | €43,203 | €31,863 | -€11,340 | -26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,433 | €44,838 | +€12,404 | +38.2% |
| Other operating charges | 640/8 | €4,128 | €4,131 | +€3 | +0.1% |
| Gross operating margin | 9900 | €105,657 | €118,121 | +€12,465 | +11.8% |
| Operating profit (loss) | 9901 | €25,892 | €37,289 | +€11,397 | +44.0% |
| Financial income | 75/76B | €231 | €209 | -€23 | -9.8% |
| Recurring financial income | 75 | €231 | €209 | -€23 | -9.8% |
| Financial charges | 65/66B | €1,891 | €3,957 | +€2,067 | +109% |
| Recurring financial charges | 65 | €1,891 | €3,957 | +€2,067 | +109% |
| Profit (loss) for the period before taxes | 9903 | €24,232 | €33,540 | +€9,308 | +38.4% |
| Transfer from deferred taxes | 780 | €900 | €900 | = | 0.0% |
| Income taxes | 67/77 | €8,329 | €12,424 | +€4,095 | +49.2% |
| Profit (loss) for the period | 9904 | €16,804 | €22,016 | +€5,213 | +31.0% |
| Transfer from tax-exempt reserves | 789 | €2,700 | €2,700 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,504 | €24,716 | +€5,213 | +26.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.