PV Management & Consulting: 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.
PV Management & Consulting
Largest movements
- Receivables within one year +€63,489
up €63,489 (+420%), from €15,125 to €78,614
of which Trade receivables: +€60,284
- Cash +€13,649
up €13,649 (+6.6%), from €207,252 to €220,901
mainly Net result for the year (+€99,671) and Depreciation (+€364)
- Tangible fixed assets +€4,005
new in 2025: €4,005
- Profit (loss) carried forward +€99,671
up €99,671 (+63.8%), from €156,136 to €255,806
- Tax, wage and social debts -€12,010
down €12,010 (-24.4%), from €49,231 to €37,221
of which Taxes: -€12,010
- Trade debts -€6,517
down €6,517 (-93.0%), from €7,010 to €493
- Gross operating margin -€4,866
down €4,866 (-3.7%), from €132,586 to €127,719
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.
Derived cash bridge
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 | €222,377 | €303,521 | +€81,143 | +36.5% |
| Fixed assets | 21/28 | - | €4,005 | +€4,005 | |
| Tangible fixed assets | 22/27 | - | €4,005 | +€4,005 | |
| Plant, machinery and equipment | 23 | - | €4,005 | +€4,005 | |
| Current assets | 29/58 | €222,377 | €299,516 | +€77,139 | +34.7% |
| Amounts receivable within one year | 40/41 | €15,125 | €78,614 | +€63,489 | +420% |
| Trade receivables | 40 | €15,125 | €75,409 | +€60,284 | +399% |
| Other amounts receivable | 41 | - | €3,206 | +€3,206 | |
| Cash at bank and in hand | 54/58 | €207,252 | €220,901 | +€13,649 | +6.6% |
| Total equity and liabilities | 10/49 | €222,377 | €303,521 | +€81,143 | +36.5% |
| Equity | 10/15 | €166,136 | €265,806 | +€99,671 | +60.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €156,136 | €255,806 | +€99,671 | +63.8% |
| Amounts payable | 17/49 | €56,242 | €37,714 | -€18,527 | -32.9% |
| Amounts payable within one year | 42/48 | €56,242 | €37,714 | -€18,527 | -32.9% |
| Trade debts | 44 | €7,010 | €493 | -€6,517 | -93.0% |
| Suppliers | 440/4 | €7,010 | €493 | -€6,517 | -93.0% |
| Taxes, remuneration and social security | 45 | €49,231 | €37,221 | -€12,010 | -24.4% |
| Taxes | 450/3 | €46,331 | €34,321 | -€12,010 | -25.9% |
| Remuneration and social security | 454/9 | €2,900 | €2,900 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €364 | +€364 | |
| Other operating charges | 640/8 | €560 | €575 | +€15 | +2.7% |
| Gross operating margin | 9900 | €132,586 | €127,719 | -€4,866 | -3.7% |
| Operating profit (loss) | 9901 | €132,025 | €126,780 | -€5,245 | -4.0% |
| Financial income | 75/76B | - | €108 | +€108 | |
| Recurring financial income | 75 | - | €108 | +€108 | |
| Financial charges | 65/66B | €293 | €337 | +€44 | +15.1% |
| Recurring financial charges | 65 | €293 | €337 | +€44 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €131,732 | €126,551 | -€5,181 | -3.9% |
| Income taxes | 67/77 | €28,176 | €26,880 | -€1,296 | -4.6% |
| Profit (loss) for the period | 9904 | €103,556 | €99,671 | -€3,886 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €103,556 | €99,671 | -€3,886 | -3.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.