PIC AU VENT: 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.
PIC AU VENT
Largest movements
- Cash -€138,786
down €138,786 (-70.7%), from €196,437 to €57,651
mainly Debts after one year (-€252,253) and Other debts (-€117,751)
- Tangible fixed assets -€137,838
down €137,838 (-11.3%), from €1.2m to €1.1m
of which Land and buildings: -€134,882
- Receivables within one year -€44,919
down €44,919 (-67.1%), from €66,937 to €22,018
of which Other amounts receivable: -€25,919
- Intangible fixed assets -€25,000
down €25,000 (-46.2%), from €54,167 to €29,167
- Debts after one year -€252,253
down €252,253 (-33.2%), from €759,095 to €506,842
of which Financial debts: -€177,253
- Other debts -€117,751
down €117,751 (-46.0%), from €256,114 to €138,363
- Reserves +€21,171
up €21,171 (+7.0%), from €301,332 to €322,503
- Gross operating margin +€8,389
up €8,389 (+3.4%), from €248,212 to €256,601
- Depreciation +€3,806
up €3,806 (+2.0%), from €190,742 to €194,548
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 | €1,540,713 | €1,194,170 | -€346,544 | -22.5% |
| Fixed assets | 21/28 | €1,277,339 | €1,114,501 | -€162,838 | -12.7% |
| Intangible fixed assets | 21 | €54,167 | €29,167 | -€25,000 | -46.2% |
| Tangible fixed assets | 22/27 | €1,223,172 | €1,085,334 | -€137,838 | -11.3% |
| Land and buildings | 22 | €1,210,490 | €1,075,608 | -€134,882 | -11.1% |
| Plant, machinery and equipment | 23 | €12,682 | €9,726 | -€2,956 | -23.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €263,374 | €79,669 | -€183,706 | -69.8% |
| Amounts receivable within one year | 40/41 | €66,937 | €22,018 | -€44,919 | -67.1% |
| Trade receivables | 40 | €26,250 | €7,250 | -€19,000 | -72.4% |
| Other amounts receivable | 41 | €40,687 | €14,768 | -€25,919 | -63.7% |
| Cash at bank and in hand | 54/58 | €196,437 | €57,651 | -€138,786 | -70.7% |
| Total equity and liabilities | 10/49 | €1,540,713 | €1,194,170 | -€346,544 | -22.5% |
| Equity | 10/15 | €311,332 | €332,503 | +€21,171 | +6.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €301,332 | €322,503 | +€21,171 | +7.0% |
| Distributable reserves | 133 | €301,332 | €322,503 | +€21,171 | +7.0% |
| Amounts payable | 17/49 | €1,229,381 | €861,666 | -€367,715 | -29.9% |
| Amounts payable after more than one year | 17 | €759,095 | €506,842 | -€252,253 | -33.2% |
| Financial debts | 170/4 | €484,095 | €306,842 | -€177,253 | -36.6% |
| Other amounts payable | 178/9 | €275,000 | €200,000 | -€75,000 | -27.3% |
| Amounts payable within one year | 42/48 | €453,282 | €337,273 | -€116,010 | -25.6% |
| Current portion of amounts payable after more than one year | 42 | €184,955 | €186,758 | +€1,804 | +1.0% |
| Financial debts | 43 | - | €720 | +€720 | |
| Credit institutions | 430/8 | - | €720 | +€720 | |
| Trade debts | 44 | €1,861 | €1,118 | -€744 | -40.0% |
| Suppliers | 440/4 | €1,861 | €1,118 | -€744 | -40.0% |
| Taxes, remuneration and social security | 45 | €10,353 | €10,314 | -€38 | -0.4% |
| Taxes | 450/3 | €10,353 | €10,314 | -€38 | -0.4% |
| Other amounts payable | 47/48 | €256,114 | €138,363 | -€117,751 | -46.0% |
| Accrued charges and deferred income | 492/3 | €17,004 | €17,552 | +€548 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190,742 | €194,548 | +€3,806 | +2.0% |
| Other operating charges | 640/8 | €4,412 | €5,020 | +€608 | +13.8% |
| Gross operating margin | 9900 | €248,212 | €256,601 | +€8,389 | +3.4% |
| Operating profit (loss) | 9901 | €53,058 | €57,033 | +€3,975 | +7.5% |
| Financial charges | 65/66B | €23,097 | €25,630 | +€2,533 | +11.0% |
| Recurring financial charges | 65 | €23,097 | €25,630 | +€2,533 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €29,961 | €31,403 | +€1,443 | +4.8% |
| Income taxes | 67/77 | €9,681 | €10,232 | +€552 | +5.7% |
| Profit (loss) for the period | 9904 | €20,280 | €21,171 | +€891 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,280 | €21,171 | +€891 | +4.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.