PEVAN: 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.
PEVAN
Largest movements
- Tangible fixed assets -€201,974
down €201,974 (-19.3%), from €1.0m to €846,522
- Receivables within one year +€116,588
up €116,588 (+3105.0%), from €3,755 to €120,343
of which Other amounts receivable: +€120,343
- Cash +€27,196
up €27,196 (+446.7%), from €6,089 to €33,284
- Profit (loss) carried forward +€89,146
up €89,146 (+64.2%), from -€138,831 to -€49,686
- Reserves -€87,455
down €87,455 (-27.0%), from €324,349 to €236,894
of which Tax-exempt reserves: -€87,455
- Debts after one year -€52,912
down €52,912 (-11.3%), from €468,468 to €415,556
- Provisions -€36,735
down €36,735 (-28.0%), from €131,160 to €94,424
- Tax, wage and social debts +€30,299
new in 2024: €30,299
- Gross operating margin +€31,065
up €31,065 (+79.4%), from €39,148 to €70,213
- Taxes +€30,299
new in 2024: €30,299
- Depreciation +€13,036
up €13,036 (+50.9%), from €25,591 to €38,628
- Financial charges +€8,455
up €8,455 (+62.8%), from €13,470 to €21,925
- Other operating charges +€6,906
up €6,906 (+65.5%), from €10,549 to €17,455
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.
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,079,997 | €1,024,856 | -€55,141 | -5.1% |
| Fixed assets | 21/28 | €1,050,954 | €848,980 | -€201,974 | -19.2% |
| Tangible fixed assets | 22/27 | €1,048,496 | €846,522 | -€201,974 | -19.3% |
| Land and buildings | 22 | €1,048,496 | €846,522 | -€201,974 | -19.3% |
| Financial fixed assets | 28 | €2,458 | €2,458 | = | 0.0% |
| Current assets | 29/58 | €29,043 | €175,877 | +€146,833 | +505.6% |
| Amounts receivable within one year | 40/41 | €3,755 | €120,343 | +€116,588 | +3105.0% |
| Trade receivables | 40 | €3,755 | €0 | -€3,755 | -100.0% |
| Other amounts receivable | 41 | - | €120,343 | +€120,343 | |
| Cash at bank and in hand | 54/58 | €6,089 | €33,284 | +€27,196 | +446.7% |
| Deferred charges and accrued income | 490/1 | €19,200 | €22,249 | +€3,049 | +15.9% |
| Total equity and liabilities | 10/49 | €1,079,997 | €1,024,856 | -€55,141 | -5.1% |
| Equity | 10/15 | €445,806 | €447,497 | +€1,691 | +0.4% |
| Contributions | 10/11 | €260,288 | €260,288 | = | 0.0% |
| Capital | 10 | €260,288 | €260,288 | = | 0.0% |
| Issued capital | 100 | €260,288 | €260,288 | = | 0.0% |
| Reserves | 13 | €324,349 | €236,894 | -€87,455 | -27.0% |
| Non-distributable reserves | 130/1 | €12,101 | €12,101 | = | 0.0% |
| Legal reserve | 130 | €12,101 | €12,101 | = | 0.0% |
| Tax-exempt reserves | 132 | €312,247 | €224,793 | -€87,455 | -28.0% |
| Profit (loss) carried forward | 14 | -€138,831 | -€49,686 | +€89,146 | +64.2% |
| Provisions and deferred taxes | 16 | €131,160 | €94,424 | -€36,735 | -28.0% |
| Deferred taxes | 168 | €131,160 | €94,424 | -€36,735 | -28.0% |
| Amounts payable | 17/49 | €503,032 | €482,935 | -€20,097 | -4.0% |
| Amounts payable after more than one year | 17 | €468,468 | €415,556 | -€52,912 | -11.3% |
| Financial debts | 170/4 | €468,468 | €415,556 | -€52,912 | -11.3% |
| Amounts payable within one year | 42/48 | €32,064 | €67,379 | +€35,315 | +110.1% |
| Current portion of amounts payable after more than one year | 42 | €29,207 | €30,520 | +€1,314 | +4.5% |
| Trade debts | 44 | €2,000 | €6,560 | +€4,560 | +228.0% |
| Suppliers | 440/4 | €2,000 | €6,560 | +€4,560 | +228.0% |
| Taxes, remuneration and social security | 45 | - | €30,299 | +€30,299 | |
| Taxes | 450/3 | - | €30,299 | +€30,299 | |
| Other amounts payable | 47/48 | €857 | €0 | -€857 | -100.0% |
| Accrued charges and deferred income | 492/3 | €2,500 | €0 | -€2,500 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,591 | €38,628 | +€13,036 | +50.9% |
| Other operating charges | 640/8 | €10,549 | €17,455 | +€6,906 | +65.5% |
| Gross operating margin | 9900 | €39,148 | €70,213 | +€31,065 | +79.4% |
| Operating profit (loss) | 9901 | €3,008 | €14,130 | +€11,122 | +369.7% |
| Financial income | 75/76B | - | €3,049 | +€3,049 | |
| Recurring financial income | 75 | - | €3,049 | +€3,049 | |
| Financial charges | 65/66B | €13,470 | €21,925 | +€8,455 | +62.8% |
| Recurring financial charges | 65 | €13,470 | €21,925 | +€8,455 | +62.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,462 | -€4,745 | +€5,716 | +54.6% |
| Transfer from deferred taxes | 780 | €4,897 | €87,455 | +€82,558 | +1686.0% |
| Income taxes | 67/77 | - | €30,299 | +€30,299 | |
| Profit (loss) for the period | 9904 | -€5,565 | €52,410 | +€57,975 | |
| Transfer from tax-exempt reserves | 789 | €11,657 | €36,735 | +€25,078 | +215.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,093 | €89,146 | +€83,053 | +1363.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.