PNVG: 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.
PNVG
Largest movements
- Receivables within one year +€26,679
up €26,679 (+273.9%), from €9,739 to €36,419
of which Other amounts receivable: +€23,199
- Cash +€1,852
up €1,852 (+4073.0%), from €45 to €1,897
mainly Advances received (+€38,000) and Depreciation (+€825)
- Advances received +€38,000
new in 2022: €38,000
- Tax, wage and social debts -€8,762
down €8,762 (-38.3%), from €22,850 to €14,087
of which Taxes: -€8,762
- Trade debts -€753
down €753 (-31.4%), from €2,401 to €1,648
- Gross operating margin +€5,136
up €5,136, from -€528 to €4,608
- Other operating charges +€1,140
up €1,140 (+55.6%), from €2,049 to €3,189
- Financial charges -€362
down €362 (-42.7%), from €847 to €485
- Depreciation +€299
up €299 (+56.8%), from €526 to €825
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,459 | €39,052 | +€28,594 | +273.4% |
| Fixed assets | 21/28 | €674 | €736 | +€63 | +9.3% |
| Tangible fixed assets | 22/27 | €674 | €736 | +€63 | +9.3% |
| Furniture and vehicles | 24 | €674 | €736 | +€63 | +9.3% |
| Current assets | 29/58 | €9,785 | €38,316 | +€28,531 | +291.6% |
| Amounts receivable within one year | 40/41 | €9,739 | €36,419 | +€26,679 | +273.9% |
| Trade receivables | 40 | €4,739 | €8,219 | +€3,480 | +73.4% |
| Other amounts receivable | 41 | €5,000 | €28,199 | +€23,199 | +464.0% |
| Cash at bank and in hand | 54/58 | €45 | €1,897 | +€1,852 | +4073.0% |
| Total equity and liabilities | 10/49 | €10,459 | €39,052 | +€28,594 | +273.4% |
| Equity | 10/15 | -€14,792 | -€14,683 | +€109 | +0.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,292 | -€15,183 | +€109 | +0.7% |
| Amounts payable | 17/49 | €25,251 | €53,736 | +€28,485 | +112.8% |
| Amounts payable within one year | 42/48 | €25,251 | €53,736 | +€28,485 | +112.8% |
| Trade debts | 44 | €2,401 | €1,648 | -€753 | -31.4% |
| Suppliers | 440/4 | €2,401 | €1,648 | -€753 | -31.4% |
| Advances received on contracts in progress | 46 | - | €38,000 | +€38,000 | |
| Taxes, remuneration and social security | 45 | €22,850 | €14,087 | -€8,762 | -38.3% |
| Taxes | 450/3 | €22,850 | €14,087 | -€8,762 | -38.3% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €526 | €825 | +€299 | +56.8% |
| Other operating charges | 640/8 | €2,049 | €3,189 | +€1,140 | +55.6% |
| Gross operating margin | 9900 | -€528 | €4,608 | +€5,136 | |
| Operating profit (loss) | 9901 | -€3,103 | €594 | +€3,697 | |
| Financial charges | 65/66B | €847 | €485 | -€362 | -42.7% |
| Recurring financial charges | 65 | €847 | €485 | -€362 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,950 | €109 | +€4,059 | |
| Profit (loss) for the period | 9904 | -€3,950 | €109 | +€4,059 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,950 | €109 | +€4,059 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.