PNV SOLUTION: 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.
PNV SOLUTION
Largest movements
- Receivables within one year -€3,669
down €3,669 (-34.7%), from €10,573 to €6,904
of which Other amounts receivable: -€2,399
- Deferred charges and accrued income -€655
down €655 (-89.5%), from €732 to €77
- Cash -€611
down €611 (-32.8%), from €1,862 to €1,251
mainly Net result for the year (-€3,136) and Trade debts (-€1,772)
- Profit (loss) carried forward -€3,163
down €3,163 (-29.1%), from €10,879 to €7,716
- Trade debts -€1,772
down €1,772 (-99.1%), from €1,788 to €16
- Gross operating margin -€7,164
down €7,164, from €6,368 to -€796
- Taxes -€915
down €915 (-79.3%), from €1,154 to €239
- Financial charges -€575
down €575 (-34.5%), from €1,666 to €1,091
- Other operating charges +€249
up €249 (+32.7%), from €761 to €1,010
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,167 | €8,232 | -€4,935 | -37.5% |
| Current assets | 29/58 | €13,167 | €8,232 | -€4,935 | -37.5% |
| Amounts receivable within one year | 40/41 | €10,573 | €6,904 | -€3,669 | -34.7% |
| Trade receivables | 40 | €5,890 | €4,620 | -€1,270 | -21.6% |
| Other amounts receivable | 41 | €4,683 | €2,284 | -€2,399 | -51.2% |
| Cash at bank and in hand | 54/58 | €1,862 | €1,251 | -€611 | -32.8% |
| Deferred charges and accrued income | 490/1 | €732 | €77 | -€655 | -89.5% |
| Total equity and liabilities | 10/49 | €13,167 | €8,232 | -€4,935 | -37.5% |
| Equity | 10/15 | €11,379 | €8,216 | -€3,163 | -27.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,879 | €7,716 | -€3,163 | -29.1% |
| Amounts payable | 17/49 | €1,788 | €16 | -€1,772 | -99.1% |
| Amounts payable within one year | 42/48 | €1,788 | €16 | -€1,772 | -99.1% |
| Trade debts | 44 | €1,788 | €16 | -€1,772 | -99.1% |
| Suppliers | 440/4 | €1,788 | €16 | -€1,772 | -99.1% |
| Other operating charges | 640/8 | €761 | €1,010 | +€249 | +32.7% |
| Gross operating margin | 9900 | €6,368 | -€796 | -€7,164 | |
| Operating profit (loss) | 9901 | €5,607 | -€1,806 | -€7,413 | |
| Financial charges | 65/66B | €1,666 | €1,091 | -€575 | -34.5% |
| Recurring financial charges | 65 | €1,666 | €1,091 | -€575 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €3,941 | -€2,897 | -€6,838 | |
| Income taxes | 67/77 | €1,154 | €239 | -€915 | -79.3% |
| Profit (loss) for the period | 9904 | €2,787 | -€3,136 | -€5,923 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,787 | -€3,136 | -€5,923 |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.