PV Contracting: 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.
PV Contracting
Largest movements
- Receivables after one year +€20,000
up €20,000 (+36.4%), from €55,000 to €75,000
- Receivables within one year +€8,145
up €8,145 (+82.1%), from €9,915 to €18,060
of which Trade receivables: +€10,180
- Reserves +€29,426
up €29,426 (+69.2%), from €42,493 to €71,919
- Other debts -€3,521
down €3,521 (-99.5%), from €3,540 to €19
- Tax, wage and social debts +€1,178
up €1,178 (+7.8%), from €15,177 to €16,356
- Trade debts +€1,062
up €1,062 (+62.3%), from €1,705 to €2,767
- Gross operating margin +€3,124
up €3,124 (+9.4%), from €33,309 to €36,433
- Financial charges +€1,080
up €1,080 (+860.4%), from €126 to €1,205
- Financial income +€1,024
up €1,024 (+124.1%), from €826 to €1,850
- Taxes +€616
up €616 (+9.1%), from €6,745 to €7,361
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 | €64,916 | €93,060 | +€28,144 | +43.4% |
| Current assets | 29/58 | €64,916 | €93,060 | +€28,144 | +43.4% |
| Amounts receivable after more than one year | 29 | €55,000 | €75,000 | +€20,000 | +36.4% |
| Other amounts receivable | 291 | €55,000 | €75,000 | +€20,000 | +36.4% |
| Amounts receivable within one year | 40/41 | €9,915 | €18,060 | +€8,145 | +82.1% |
| Trade receivables | 40 | €7,374 | €17,554 | +€10,180 | +138.1% |
| Other amounts receivable | 41 | €2,542 | €506 | -€2,035 | -80.1% |
| Cash at bank and in hand | 54/58 | €1 | €0 | -€0 | -78.6% |
| Total equity and liabilities | 10/49 | €64,916 | €93,060 | +€28,144 | +43.4% |
| Equity | 10/15 | €44,493 | €73,919 | +€29,426 | +66.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €42,493 | €71,919 | +€29,426 | +69.2% |
| Distributable reserves | 133 | €42,493 | €71,919 | +€29,426 | +69.2% |
| Amounts payable | 17/49 | €20,423 | €19,141 | -€1,281 | -6.3% |
| Amounts payable within one year | 42/48 | €20,423 | €19,141 | -€1,281 | -6.3% |
| Trade debts | 44 | €1,705 | €2,767 | +€1,062 | +62.3% |
| Suppliers | 440/4 | €1,705 | €2,767 | +€1,062 | +62.3% |
| Taxes, remuneration and social security | 45 | €15,177 | €16,356 | +€1,178 | +7.8% |
| Taxes | 450/3 | €15,177 | €16,356 | +€1,178 | +7.8% |
| Other amounts payable | 47/48 | €3,540 | €19 | -€3,521 | -99.5% |
| Other operating charges | 640/8 | €502 | €291 | -€211 | -42.0% |
| Gross operating margin | 9900 | €33,309 | €36,433 | +€3,124 | +9.4% |
| Operating profit (loss) | 9901 | €32,807 | €36,142 | +€3,334 | +10.2% |
| Financial income | 75/76B | €826 | €1,850 | +€1,024 | +124.1% |
| Recurring financial income | 75 | €826 | €1,850 | +€1,024 | +124.1% |
| Financial charges | 65/66B | €126 | €1,205 | +€1,080 | +860.4% |
| Recurring financial charges | 65 | €126 | €1,205 | +€1,080 | +860.4% |
| Profit (loss) for the period before taxes | 9903 | €33,508 | €36,786 | +€3,279 | +9.8% |
| Income taxes | 67/77 | €6,745 | €7,361 | +€616 | +9.1% |
| Profit (loss) for the period | 9904 | €26,763 | €29,426 | +€2,663 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,763 | €29,426 | +€2,663 | +10.0% |
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 7 October 2026 via checked.be.