PIVAN CLEANER: 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.
PIVAN CLEANER
Largest movements
- Receivables within one year +€45,275
up €45,275 (+80.4%), from €56,296 to €101,571
of which Other amounts receivable: +€52,406
- Receivables after one year -€12,024
down €12,024 (-8.3%), from €145,305 to €133,281
- Reserves +€33,057
up €33,057 (+44.6%), from €74,098 to €107,155
- Short-term financial debts -€20,645
down €20,645 (-36.1%), from €57,265 to €36,619
of which Credit institutions: -€20,708
- Tax, wage and social debts +€16,338
up €16,338 (+157%), from €10,423 to €26,761
- Advances received -€11,178
down €11,178 (-100%), from €11,178 to €0
- Debts after one year +€7,357
up €7,357 (+496%), from €1,484 to €8,841
- Gross operating margin +€35,077
up €35,077 (+196%), from €17,922 to €52,999
- Taxes +€11,183
up €11,183 (+385%), from €2,906 to €14,089
- Other operating charges -€2,725
down €2,725 (-73.0%), from €3,733 to €1,008
- Financial charges -€2,156
down €2,156 (-21.6%), from €9,999 to €7,843
- Write-downs +€1,604
new in 2025: €1,604
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 | €202,568 | €235,873 | +€33,305 | +16.4% |
| Fixed assets | 21/28 | €5 | €5 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €202,563 | €235,868 | +€33,305 | +16.4% |
| Amounts receivable after more than one year | 29 | €145,305 | €133,281 | -€12,024 | -8.3% |
| Other amounts receivable | 291 | €145,305 | €133,281 | -€12,024 | -8.3% |
| Amounts receivable within one year | 40/41 | €56,296 | €101,571 | +€45,275 | +80.4% |
| Trade receivables | 40 | €12,773 | €5,642 | -€7,131 | -55.8% |
| Other amounts receivable | 41 | €43,523 | €95,928 | +€52,406 | +120% |
| Cash at bank and in hand | 54/58 | €0 | €3 | +€3 | |
| Deferred charges and accrued income | 490/1 | €962 | €1,014 | +€51 | +5.3% |
| Total equity and liabilities | 10/49 | €202,568 | €235,873 | +€33,305 | +16.4% |
| Equity | 10/15 | €110,598 | €143,655 | +€33,057 | +29.9% |
| Contributions | 10/11 | €36,500 | €36,500 | = | 0.0% |
| Reserves | 13 | €74,098 | €107,155 | +€33,057 | +44.6% |
| Distributable reserves | 133 | €74,098 | €107,155 | +€33,057 | +44.6% |
| Amounts payable | 17/49 | €91,969 | €92,217 | +€248 | +0.3% |
| Amounts payable after more than one year | 17 | €1,484 | €8,841 | +€7,357 | +496% |
| Financial debts | 170/4 | €1,484 | €8,841 | +€7,357 | +496% |
| Amounts payable within one year | 42/48 | €89,885 | €83,376 | -€6,509 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €1,884 | €9,006 | +€7,122 | +378% |
| Financial debts | 43 | €57,265 | €36,619 | -€20,645 | -36.1% |
| Credit institutions | 430/8 | €55,722 | €35,014 | -€20,708 | -37.2% |
| Other loans | 439 | €1,543 | €1,605 | +€63 | +4.1% |
| Trade debts | 44 | €9,136 | €10,991 | +€1,855 | +20.3% |
| Suppliers | 440/4 | €9,136 | €10,991 | +€1,855 | +20.3% |
| Advances received on contracts in progress | 46 | €11,178 | €0 | -€11,178 | -100% |
| Taxes, remuneration and social security | 45 | €10,423 | €26,761 | +€16,338 | +157% |
| Taxes | 450/3 | €10,423 | €26,761 | +€16,338 | +157% |
| Accrued charges and deferred income | 492/3 | €600 | €0 | -€600 | -100% |
| Non-recurring operating income | 76A | €0 | €8,959 | +€8,959 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €212 | €0 | -€212 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,604 | +€1,604 | |
| Other operating charges | 640/8 | €3,733 | €1,008 | -€2,725 | -73.0% |
| Non-recurring operating charges | 66A | €5,763 | €0 | -€5,763 | -100% |
| Gross operating margin | 9900 | €17,922 | €52,999 | +€35,077 | +196% |
| Operating profit (loss) | 9901 | €8,214 | €50,387 | +€42,173 | +513% |
| Financial income | 75/76B | €4,998 | €4,601 | -€397 | -7.9% |
| Recurring financial income | 75 | €4,998 | €4,601 | -€397 | -7.9% |
| Financial charges | 65/66B | €9,999 | €7,843 | -€2,156 | -21.6% |
| Recurring financial charges | 65 | €9,999 | €7,843 | -€2,156 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €3,213 | €47,146 | +€43,933 | +1,367% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €2,906 | €14,089 | +€11,183 | +385% |
| Profit (loss) for the period | 9904 | €307 | €33,057 | +€32,750 | +10,662% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €307 | €33,057 | +€32,750 | +10,662% |
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 13 October 2026 via checked.be.