PPV: 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.
PPV
Largest movements
- Cash -€2,772
down €2,772 (-18.5%), from €14,975 to €12,203
mainly Net result for the year (-€1,634) and Receivables within one year (-€908)
- Receivables within one year +€908
up €908 (+50.0%), from €1,815 to €2,723
- Profit (loss) carried forward -€1,634
down €1,634 (-71.6%), from -€2,281 to -€3,915
- Tax, wage and social debts -€230
down €230 (-48.8%), from €471 to €241
- Gross operating margin -€2,832
down €2,832, from €1,731 to -€1,101
- Turnover -€1,728
down €1,728 (-36.5%), from €4,728 to €3,000
- Purchases and services +€1,332
up €1,332 (+44.4%), from €2,997 to €4,329
- Taxes -€178
no longer reported in 2025 (was €178)
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 | €16,790 | €14,926 | -€1,864 | -11.1% |
| Current assets | 29/58 | €16,790 | €14,926 | -€1,864 | -11.1% |
| Amounts receivable within one year | 40/41 | €1,815 | €2,723 | +€908 | +50.0% |
| Trade receivables | 40 | €1,815 | €2,723 | +€908 | +50.0% |
| Cash at bank and in hand | 54/58 | €14,975 | €12,203 | -€2,772 | -18.5% |
| Total equity and liabilities | 10/49 | €16,790 | €14,926 | -€1,864 | -11.1% |
| Equity | 10/15 | €16,319 | €14,685 | -€1,634 | -10.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,281 | -€3,915 | -€1,634 | -71.6% |
| Amounts payable | 17/49 | €471 | €241 | -€230 | -48.8% |
| Amounts payable within one year | 42/48 | €471 | €241 | -€230 | -48.8% |
| Taxes, remuneration and social security | 45 | €471 | €241 | -€230 | -48.8% |
| Taxes | 450/3 | €471 | €241 | -€230 | -48.8% |
| Turnover | 70 | €4,728 | €3,000 | -€1,728 | -36.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,997 | €4,329 | +€1,332 | +44.4% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | €1,731 | -€1,101 | -€2,832 | |
| Operating profit (loss) | 9901 | €1,344 | -€1,501 | -€2,845 | |
| Financial income | 75/76B | €38 | €1 | -€37 | -97.4% |
| Recurring financial income | 75 | €38 | €1 | -€37 | -97.4% |
| Financial charges | 65/66B | €133 | €134 | +€1 | +0.8% |
| Recurring financial charges | 65 | €133 | €134 | +€1 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €1,249 | -€1,634 | -€2,883 | |
| Income taxes | 67/77 | €178 | - | -€178 | |
| Profit (loss) for the period | 9904 | €1,071 | -€1,634 | -€2,705 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,071 | -€1,634 | -€2,705 |
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 3 October 2026 via checked.be.