PVA-Services: 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.
PVA-Services
Largest movements
- Receivables within one year -€3,470
down €3,470 (-74.0%), from €4,688 to €1,218
of which Trade receivables: -€2,482
- Tangible fixed assets +€2,363
up €2,363 (+53.1%), from €4,449 to €6,811
of which Furniture and vehicles: +€3,563
- Cash +€581
up €581 (+3.1%), from €18,741 to €19,322
mainly Receivables within one year (+€3,470) and Depreciation (+€2,841)
- Deferred charges and accrued income +€526
up €526 (+55.1%), from €956 to €1,482
- Trade debts -€1,655
down €1,655 (-66.5%), from €2,488 to €833
- Reserves +€1,086
up €1,086 (+1,545%), from €70 to €1,157
- Other debts +€304
up €304 (+1.1%), from €26,838 to €27,141
- Gross operating margin +€1,791
up €1,791 (+67.0%), from €2,673 to €4,464
- Depreciation +€509
up €509 (+21.8%), from €2,332 to €2,841
- Taxes +€187
up €187 (+343%), from €55 to €241
- Other operating charges +€72
up €72 (+40.1%), from €180 to €252
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 | €29,951 | €29,880 | -€71 | -0.2% |
| Formation expenses | 20 | €72 | €0 | -€72 | -100% |
| Fixed assets | 21/28 | €4,449 | €6,811 | +€2,363 | +53.1% |
| Tangible fixed assets | 22/27 | €4,449 | €6,811 | +€2,363 | +53.1% |
| Plant, machinery and equipment | 23 | €2,807 | €1,607 | -€1,200 | -42.8% |
| Furniture and vehicles | 24 | €1,641 | €5,204 | +€3,563 | +217% |
| Current assets | 29/58 | €25,431 | €23,069 | -€2,362 | -9.3% |
| Stocks and contracts in progress | 3 | €1,047 | €1,047 | = | 0.0% |
| Stocks | 30/36 | €1,047 | €1,047 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,688 | €1,218 | -€3,470 | -74.0% |
| Trade receivables | 40 | €2,595 | €113 | -€2,482 | -95.7% |
| Other amounts receivable | 41 | €2,093 | €1,105 | -€988 | -47.2% |
| Cash at bank and in hand | 54/58 | €18,741 | €19,322 | +€581 | +3.1% |
| Deferred charges and accrued income | 490/1 | €956 | €1,482 | +€526 | +55.1% |
| Total equity and liabilities | 10/49 | €29,951 | €29,880 | -€71 | -0.2% |
| Equity | 10/15 | €570 | €1,657 | +€1,086 | +190% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €70 | €1,157 | +€1,086 | +1,545% |
| Distributable reserves | 133 | €70 | €1,157 | +€1,086 | +1,545% |
| Amounts payable | 17/49 | €29,381 | €28,223 | -€1,158 | -3.9% |
| Amounts payable within one year | 42/48 | €29,381 | €28,223 | -€1,158 | -3.9% |
| Financial debts | 43 | - | €7 | +€7 | |
| Credit institutions | 430/8 | - | €7 | +€7 | |
| Trade debts | 44 | €2,488 | €833 | -€1,655 | -66.5% |
| Suppliers | 440/4 | €2,488 | €833 | -€1,655 | -66.5% |
| Taxes, remuneration and social security | 45 | €55 | €241 | +€187 | +343% |
| Taxes | 450/3 | €55 | €241 | +€187 | +343% |
| Other amounts payable | 47/48 | €26,838 | €27,141 | +€304 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,332 | €2,841 | +€509 | +21.8% |
| Other operating charges | 640/8 | €180 | €252 | +€72 | +40.1% |
| Gross operating margin | 9900 | €2,673 | €4,464 | +€1,791 | +67.0% |
| Operating profit (loss) | 9901 | €161 | €1,371 | +€1,209 | +750% |
| Financial income | 75/76B | €0 | €18 | +€18 | +6,500% |
| Recurring financial income | 75 | €0 | €18 | +€18 | +6,500% |
| Financial charges | 65/66B | €37 | €61 | +€24 | +65.0% |
| Recurring financial charges | 65 | €37 | €61 | +€24 | +65.0% |
| Profit (loss) for the period before taxes | 9903 | €125 | €1,328 | +€1,203 | +963% |
| Income taxes | 67/77 | €55 | €241 | +€187 | +343% |
| Profit (loss) for the period | 9904 | €70 | €1,086 | +€1,016 | +1,445% |
| Profit (loss) for the period to be appropriated | 9905 | €70 | €1,086 | +€1,016 | +1,445% |
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 14 October 2026 via checked.be.