Pivolté: 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.
Pivolté
Largest movements
- Current investments -€48,950
down €48,950 (-12.4%), from €393,369 to €344,420
- Contributions -€161,826
no longer reported in 2025 (was €161,826)
- Profit (loss) carried forward +€152,855
up €152,855 (+851.0%), from €17,963 to €170,818
- Other debts -€34,682
no longer reported in 2025 (was €34,682)
- Trade debts -€5,912
down €5,912 (-39.7%), from €14,889 to €8,976
- Turnover +€303,315
new in 2025: €303,315
- Purchases and services +€233,465
new in 2025: €233,465
- Gross operating margin -€33,235
down €33,235 (-30.7%), from €108,300 to €75,065
- Staff costs +€6,481
up €6,481 (+8.3%), from €78,024 to €84,505
- Financial charges -€4,267
down €4,267 (-92.6%), from €4,606 to €339
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 | €409,033 | €362,450 | -€46,583 | -11.4% |
| Fixed assets | 21/28 | €1,370 | €900 | -€470 | -34.3% |
| Tangible fixed assets | 22/27 | €1,370 | €900 | -€470 | -34.3% |
| Plant, machinery and equipment | 23 | €1,370 | €900 | -€470 | -34.3% |
| Current assets | 29/58 | €407,663 | €361,550 | -€46,113 | -11.3% |
| Stocks and contracts in progress | 3 | €9,212 | €9,898 | +€686 | +7.4% |
| Stocks | 30/36 | €9,212 | €9,898 | +€686 | +7.4% |
| Amounts receivable within one year | 40/41 | - | €3,947 | +€3,947 | |
| Other amounts receivable | 41 | - | €3,947 | +€3,947 | |
| Current investments | 50/53 | €393,369 | €344,420 | -€48,950 | -12.4% |
| Cash at bank and in hand | 54/58 | €5,081 | €1,209 | -€3,872 | -76.2% |
| Deferred charges and accrued income | 490/1 | - | €2,076 | +€2,076 | |
| Total equity and liabilities | 10/49 | €409,033 | €362,450 | -€46,583 | -11.4% |
| Equity | 10/15 | €179,788 | €170,818 | -€8,971 | -5.0% |
| Contributions | 10/11 | €161,826 | - | -€161,826 | |
| Profit (loss) carried forward | 14 | €17,963 | €170,818 | +€152,855 | +851.0% |
| Amounts payable | 17/49 | €229,244 | €191,632 | -€37,612 | -16.4% |
| Amounts payable within one year | 42/48 | €53,428 | €14,707 | -€38,721 | -72.5% |
| Trade debts | 44 | €14,889 | €8,976 | -€5,912 | -39.7% |
| Suppliers | 440/4 | €14,889 | €8,976 | -€5,912 | -39.7% |
| Taxes, remuneration and social security | 45 | €3,857 | €5,731 | +€1,874 | +48.6% |
| Taxes | 450/3 | €3,857 | - | -€3,857 | |
| Remuneration and social security | 454/9 | - | €5,731 | +€5,731 | |
| Other amounts payable | 47/48 | €34,682 | - | -€34,682 | |
| Accrued charges and deferred income | 492/3 | €175,816 | €176,925 | +€1,109 | +0.6% |
| Turnover | 70 | - | €303,315 | +€303,315 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €233,465 | +€233,465 | |
| Remuneration, social security and pensions | 62 | €78,024 | €84,505 | +€6,481 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39 | €470 | +€431 | +1100.0% |
| Other operating charges | 640/8 | - | €62 | +€62 | |
| Non-recurring operating charges | 66A | €2,334 | - | -€2,334 | |
| Gross operating margin | 9900 | €108,300 | €75,065 | -€33,235 | -30.7% |
| Operating profit (loss) | 9901 | €27,902 | -€9,971 | -€37,874 | |
| Financial income | 75/76B | €744 | €1,491 | +€747 | +100.3% |
| Recurring financial income | 75 | €744 | €1,491 | +€747 | +100.3% |
| Financial charges | 65/66B | €4,606 | €339 | -€4,267 | -92.6% |
| Recurring financial charges | 65 | €4,606 | €339 | -€4,267 | -92.6% |
| Profit (loss) for the period before taxes | 9903 | €24,041 | -€8,819 | -€32,860 | |
| Income taxes | 67/77 | €4,080 | €152 | -€3,929 | -96.3% |
| Profit (loss) for the period | 9904 | €19,961 | -€8,971 | -€28,931 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,961 | -€8,971 | -€28,931 |
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 4 October 2026 via checked.be.