PEVATEC: 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.
PEVATEC
Largest movements
- Receivables within one year -€117,731
down €117,731 (-56.8%), from €207,098 to €89,367
of which Other amounts receivable: -€99,368
- Cash +€115,474
up €115,474 (+119%), from €96,761 to €212,235
mainly Net result for the year (+€212,296) and Receivables within one year (+€117,731)
- Tangible fixed assets +€79,313
up €79,313 (+20.0%), from €397,126 to €476,439
of which Land and buildings: +€82,552
- Stocks and contracts +€28,945
up €28,945 (+66.4%), from €43,585 to €72,530
- Reserves +€212,296
up €212,296 (+49.1%), from €432,101 to €644,397
of which Distributable reserves: +€212,296
- Tax, wage and social debts -€73,716
down €73,716 (-95.8%), from €76,927 to €3,210
of which Taxes: -€69,716
- Debts after one year -€26,411
down €26,411 (-30.7%), from €85,904 to €59,494
- Financial income +€82,086
up €82,086 (+16,752,241%), from €0 to €82,086
- Gross operating margin +€38,595
up €38,595 (+16.9%), from €227,816 to €266,411
- Taxes +€34,659
up €34,659 (+57.3%), from €60,458 to €95,117
- Financial charges -€6,656
down €6,656 (-74.9%), from €8,891 to €2,235
- Depreciation +€3,438
up €3,438 (+11.7%), from €29,500 to €32,938
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
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 | €745,251 | €850,771 | +€105,519 | +14.2% |
| Fixed assets | 21/28 | €397,326 | €476,639 | +€79,313 | +20.0% |
| Tangible fixed assets | 22/27 | €397,126 | €476,439 | +€79,313 | +20.0% |
| Land and buildings | 22 | €358,690 | €441,242 | +€82,552 | +23.0% |
| Plant, machinery and equipment | 23 | €2,069 | €4,857 | +€2,788 | +135% |
| Furniture and vehicles | 24 | €17,495 | €16,611 | -€884 | -5.1% |
| Other tangible fixed assets | 26 | €18,872 | €13,729 | -€5,143 | -27.3% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €347,926 | €374,132 | +€26,206 | +7.5% |
| Stocks and contracts in progress | 3 | €43,585 | €72,530 | +€28,945 | +66.4% |
| Stocks | 30/36 | €43,585 | €72,530 | +€28,945 | +66.4% |
| Amounts receivable within one year | 40/41 | €207,098 | €89,367 | -€117,731 | -56.8% |
| Trade receivables | 40 | €75,192 | €56,829 | -€18,363 | -24.4% |
| Other amounts receivable | 41 | €131,906 | €32,538 | -€99,368 | -75.3% |
| Cash at bank and in hand | 54/58 | €96,761 | €212,235 | +€115,474 | +119% |
| Deferred charges and accrued income | 490/1 | €481 | €0 | -€481 | -100% |
| Total equity and liabilities | 10/49 | €745,251 | €850,771 | +€105,519 | +14.2% |
| Equity | 10/15 | €531,303 | €743,599 | +€212,296 | +40.0% |
| Contributions | 10/11 | €83,600 | €83,600 | = | 0.0% |
| Reserves | 13 | €432,101 | €644,397 | +€212,296 | +49.1% |
| Non-distributable reserves | 130/1 | €8,360 | €8,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,360 | €8,360 | = | 0.0% |
| Distributable reserves | 133 | €423,741 | €636,037 | +€212,296 | +50.1% |
| Profit (loss) carried forward | 14 | €15,602 | €15,602 | = | 0.0% |
| Amounts payable | 17/49 | €213,949 | €107,172 | -€106,777 | -49.9% |
| Amounts payable after more than one year | 17 | €85,904 | €59,494 | -€26,411 | -30.7% |
| Financial debts | 170/4 | €85,904 | €59,494 | -€26,411 | -30.7% |
| Amounts payable within one year | 42/48 | €128,045 | €47,679 | -€80,366 | -62.8% |
| Current portion of amounts payable after more than one year | 42 | €29,272 | €26,411 | -€2,861 | -9.8% |
| Trade debts | 44 | €5,151 | €8,764 | +€3,613 | +70.2% |
| Suppliers | 440/4 | €5,151 | €8,764 | +€3,613 | +70.2% |
| Taxes, remuneration and social security | 45 | €76,927 | €3,210 | -€73,716 | -95.8% |
| Taxes | 450/3 | €72,927 | €3,210 | -€69,716 | -95.6% |
| Remuneration and social security | 454/9 | €4,000 | €0 | -€4,000 | -100% |
| Other amounts payable | 47/48 | €16,696 | €9,294 | -€7,402 | -44.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,500 | €32,938 | +€3,438 | +11.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,437 | €0 | -€1,437 | -100% |
| Other operating charges | 640/8 | €7,372 | €5,911 | -€1,460 | -19.8% |
| Non-recurring operating charges | 66A | €7,567 | €0 | -€7,567 | -100% |
| Gross operating margin | 9900 | €227,816 | €266,411 | +€38,595 | +16.9% |
| Operating profit (loss) | 9901 | €181,940 | €227,561 | +€45,621 | +25.1% |
| Financial income | 75/76B | €0 | €82,086 | +€82,086 | +16,752,241% |
| Recurring financial income | 75 | €0 | €82,086 | +€82,086 | +16,752,241% |
| Financial charges | 65/66B | €8,891 | €2,235 | -€6,656 | -74.9% |
| Recurring financial charges | 65 | €8,891 | €2,235 | -€6,656 | -74.9% |
| Profit (loss) for the period before taxes | 9903 | €173,050 | €307,413 | +€134,363 | +77.6% |
| Income taxes | 67/77 | €60,458 | €95,117 | +€34,659 | +57.3% |
| Profit (loss) for the period | 9904 | €112,592 | €212,296 | +€99,704 | +88.6% |
| Profit (loss) for the period to be appropriated | 9905 | €112,592 | €212,296 | +€99,704 | +88.6% |
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 25 October 2026 via checked.be.