PV Supply: 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 Supply
Largest movements
- Cash -€38,527
down €38,527 (-91.1%), from €42,312 to €3,785
mainly Net result for the year (-€100,336) and Tax, wage and social debts (-€40,801)
- Receivables within one year -€30,229
down €30,229 (-96.7%), from €31,246 to €1,017
of which Other amounts receivable: -€26,956
- Profit (loss) carried forward -€100,336
down €100,336 (-855%), from -€11,731 to -€112,067
- Other debts +€62,875
new in 2025: €62,875
- Tax, wage and social debts -€40,801
no longer reported in 2025 (was €40,801)
- Trade debts +€9,506
up €9,506 (+426%), from €2,234 to €11,740
- Gross operating margin -€77,760
down €77,760 (-686%), from -€11,341 to -€89,101
- Financial charges +€9,654
up €9,654 (+3,549%), from €272 to €9,926
- Other operating charges +€1,191
up €1,191 (+1,009%), from €118 to €1,309
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 | €73,559 | €4,803 | -€68,756 | -93.5% |
| Current assets | 29/58 | €73,559 | €4,803 | -€68,756 | -93.5% |
| Amounts receivable within one year | 40/41 | €31,246 | €1,017 | -€30,229 | -96.7% |
| Trade receivables | 40 | €4,290 | €1,017 | -€3,273 | -76.3% |
| Other amounts receivable | 41 | €26,956 | - | -€26,956 | |
| Cash at bank and in hand | 54/58 | €42,312 | €3,785 | -€38,527 | -91.1% |
| Total equity and liabilities | 10/49 | €73,559 | €4,803 | -€68,756 | -93.5% |
| Equity | 10/15 | €30,524 | -€69,813 | -€100,336 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Capital | 10 | €15,000 | - | -€15,000 | |
| Issued capital | 100 | €15,000 | - | -€15,000 | |
| Reserves | 13 | €27,255 | €27,255 | = | 0.0% |
| Distributable reserves | 133 | €27,255 | €27,255 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,731 | -€112,067 | -€100,336 | -855% |
| Amounts payable | 17/49 | €43,035 | €74,615 | +€31,580 | +73.4% |
| Amounts payable within one year | 42/48 | €43,035 | €74,615 | +€31,580 | +73.4% |
| Trade debts | 44 | €2,234 | €11,740 | +€9,506 | +426% |
| Suppliers | 440/4 | €2,234 | €11,740 | +€9,506 | +426% |
| Taxes, remuneration and social security | 45 | €40,801 | - | -€40,801 | |
| Taxes | 450/3 | €40,801 | - | -€40,801 | |
| Other amounts payable | 47/48 | - | €62,875 | +€62,875 | |
| Other operating charges | 640/8 | €118 | €1,309 | +€1,191 | +1,009% |
| Gross operating margin | 9900 | -€11,341 | -€89,101 | -€77,760 | -686% |
| Operating profit (loss) | 9901 | -€11,459 | -€90,410 | -€78,951 | -689% |
| Financial charges | 65/66B | €272 | €9,926 | +€9,654 | +3,549% |
| Recurring financial charges | 65 | €272 | €9,926 | +€9,654 | +3,549% |
| Profit (loss) for the period before taxes | 9903 | -€11,731 | -€100,336 | -€88,605 | -755% |
| Profit (loss) for the period | 9904 | -€11,731 | -€100,336 | -€88,605 | -755% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,731 | -€100,336 | -€88,605 | -755% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.