PEVAS: 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.
PEVAS
Largest movements
- Cash +€46,950
up €46,950 (+555.2%), from €8,456 to €55,406
mainly Net result for the year (+€41,594) and Depreciation (+€18,755)
- Receivables within one year +€23,087
up €23,087 (+209.7%), from €11,011 to €34,098
of which Other amounts receivable: +€11,880
- Tangible fixed assets -€20,105
down €20,105 (-35.8%), from €56,091 to €35,986
- Deferred charges and accrued income -€2,294
down €2,294 (-54.6%), from €4,203 to €1,909
- Profit (loss) carried forward +€41,594
up €41,594, from -€9,143 to €32,451
- Tax, wage and social debts +€5,092
up €5,092 (+157.1%), from €3,242 to €8,333
of which Taxes: +€5,092
- Trade debts +€3,060
up €3,060 (+330.5%), from €926 to €3,986
- Other debts -€2,107
down €2,107 (-3.2%), from €66,537 to €64,430
- Gross operating margin +€65,266
up €65,266 (+68320.1%), from €96 to €65,362
- Depreciation +€12,668
up €12,668 (+208.1%), from €6,087 to €18,755
- Financial charges -€2,444
down €2,444 (-96.2%), from €2,539 to €96
- Taxes +€2,274
up €2,274 (+268.8%), from €846 to €3,120
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 | €80,161 | €127,800 | +€47,638 | +59.4% |
| Fixed assets | 21/28 | €56,491 | €36,386 | -€20,105 | -35.6% |
| Tangible fixed assets | 22/27 | €56,091 | €35,986 | -€20,105 | -35.8% |
| Furniture and vehicles | 24 | €56,091 | €35,986 | -€20,105 | -35.8% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €23,670 | €91,413 | +€67,743 | +286.2% |
| Amounts receivable within one year | 40/41 | €11,011 | €34,098 | +€23,087 | +209.7% |
| Trade receivables | 40 | €11,011 | €22,218 | +€11,207 | +101.8% |
| Other amounts receivable | 41 | - | €11,880 | +€11,880 | |
| Cash at bank and in hand | 54/58 | €8,456 | €55,406 | +€46,950 | +555.2% |
| Deferred charges and accrued income | 490/1 | €4,203 | €1,909 | -€2,294 | -54.6% |
| Total equity and liabilities | 10/49 | €80,161 | €127,800 | +€47,638 | +59.4% |
| Equity | 10/15 | €9,457 | €51,051 | +€41,594 | +439.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,143 | €32,451 | +€41,594 | |
| Amounts payable | 17/49 | €70,705 | €76,749 | +€6,044 | +8.5% |
| Amounts payable within one year | 42/48 | €70,705 | €76,749 | +€6,044 | +8.5% |
| Trade debts | 44 | €926 | €3,986 | +€3,060 | +330.5% |
| Suppliers | 440/4 | €926 | €3,986 | +€3,060 | +330.5% |
| Taxes, remuneration and social security | 45 | €3,242 | €8,333 | +€5,092 | +157.1% |
| Taxes | 450/3 | €3,242 | €8,333 | +€5,092 | +157.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €66,537 | €64,430 | -€2,107 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,087 | €18,755 | +€12,668 | +208.1% |
| Other operating charges | 640/8 | €1,982 | €1,841 | -€141 | -7.1% |
| Non-recurring operating charges | 66A | €1,350 | €0 | -€1,350 | -100.0% |
| Gross operating margin | 9900 | €96 | €65,362 | +€65,266 | +68320.1% |
| Operating profit (loss) | 9901 | -€9,323 | €44,766 | +€54,089 | |
| Financial income | 75/76B | €5 | €44 | +€39 | +807.3% |
| Recurring financial income | 75 | €5 | €44 | +€39 | +807.3% |
| Financial charges | 65/66B | €2,539 | €96 | -€2,444 | -96.2% |
| Recurring financial charges | 65 | €2,539 | €96 | -€2,444 | -96.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,858 | €44,714 | +€56,571 | |
| Income taxes | 67/77 | €846 | €3,120 | +€2,274 | +268.8% |
| Profit (loss) for the period | 9904 | -€12,704 | €41,594 | +€54,297 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,704 | €41,594 | +€54,297 |
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 5 October 2026 via checked.be.