PVB CONSULTING: 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.
PVB CONSULTING
Largest movements
- Receivables within one year +€41,818
up €41,818 (+88.0%), from €47,527 to €89,345
of which Trade receivables: +€40,442
- Tangible fixed assets -€23,655
down €23,655 (-13.1%), from €180,609 to €156,954
of which Furniture and vehicles: -€16,626
- Other debts +€159,252
up €159,252 (+71.4%), from €222,897 to €382,150
- Reserves -€98,010
down €98,010 (-69.9%), from €140,178 to €42,167
- Debts after one year -€76,233
down €76,233 (-66.7%), from €114,251 to €38,018
- Short-term financial debts +€25,212
new in 2025: €25,212
- Gross operating margin +€10,501
up €10,501 (+3.5%), from €297,435 to €307,936
- Taxes +€3,602
up €3,602 (+5.2%), from €68,970 to €72,572
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 | €575,398 | €592,986 | +€17,588 | +3.1% |
| Fixed assets | 21/28 | €467,129 | €443,474 | -€23,655 | -5.1% |
| Tangible fixed assets | 22/27 | €180,609 | €156,954 | -€23,655 | -13.1% |
| Land and buildings | 22 | €125,398 | €118,562 | -€6,836 | -5.5% |
| Plant, machinery and equipment | 23 | €1,586 | €1,393 | -€193 | -12.2% |
| Furniture and vehicles | 24 | €53,624 | €36,998 | -€16,626 | -31.0% |
| Financial fixed assets | 28 | €286,520 | €286,520 | = | 0.0% |
| Current assets | 29/58 | €108,269 | €149,512 | +€41,243 | +38.1% |
| Amounts receivable within one year | 40/41 | €47,527 | €89,345 | +€41,818 | +88.0% |
| Trade receivables | 40 | €41,419 | €81,862 | +€40,442 | +97.6% |
| Other amounts receivable | 41 | €6,107 | €7,483 | +€1,376 | +22.5% |
| Cash at bank and in hand | 54/58 | €57,536 | €56,652 | -€884 | -1.5% |
| Deferred charges and accrued income | 490/1 | €3,206 | €3,515 | +€309 | +9.7% |
| Total equity and liabilities | 10/49 | €575,398 | €592,986 | +€17,588 | +3.1% |
| Equity | 10/15 | €158,778 | €60,767 | -€98,010 | -61.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €140,178 | €42,167 | -€98,010 | -69.9% |
| Distributable reserves | 133 | €140,178 | €42,167 | -€98,010 | -69.9% |
| Amounts payable | 17/49 | €416,620 | €532,219 | +€115,598 | +27.7% |
| Amounts payable after more than one year | 17 | €114,251 | €38,018 | -€76,233 | -66.7% |
| Financial debts | 170/4 | €114,251 | €38,018 | -€76,233 | -66.7% |
| Amounts payable within one year | 42/48 | €301,781 | €493,665 | +€191,884 | +63.6% |
| Current portion of amounts payable after more than one year | 42 | €75,539 | €77,625 | +€2,086 | +2.8% |
| Financial debts | 43 | - | €25,212 | +€25,212 | |
| Credit institutions | 430/8 | - | €25,212 | +€25,212 | |
| Trade debts | 44 | €582 | €359 | -€223 | -38.3% |
| Suppliers | 440/4 | €582 | €359 | -€223 | -38.3% |
| Taxes, remuneration and social security | 45 | €2,763 | €8,320 | +€5,557 | +201.1% |
| Taxes | 450/3 | €2,471 | €7,220 | +€4,749 | +192.2% |
| Remuneration and social security | 454/9 | €292 | €1,100 | +€808 | +276.7% |
| Other amounts payable | 47/48 | €222,897 | €382,150 | +€159,252 | +71.4% |
| Accrued charges and deferred income | 492/3 | €588 | €535 | -€53 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,763 | €23,655 | +€892 | +3.9% |
| Other operating charges | 640/8 | €2,271 | €2,653 | +€382 | +16.8% |
| Gross operating margin | 9900 | €297,435 | €307,936 | +€10,501 | +3.5% |
| Operating profit (loss) | 9901 | €272,401 | €281,628 | +€9,226 | +3.4% |
| Financial income | 75/76B | €6 | €43 | +€37 | +600.2% |
| Recurring financial income | 75 | €6 | €43 | +€37 | +600.2% |
| Financial charges | 65/66B | €7,317 | €7,108 | -€208 | -2.8% |
| Recurring financial charges | 65 | €7,317 | €7,108 | -€208 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €265,091 | €274,562 | +€9,472 | +3.6% |
| Income taxes | 67/77 | €68,970 | €72,572 | +€3,602 | +5.2% |
| Profit (loss) for the period | 9904 | €196,121 | €201,990 | +€5,869 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €196,121 | €201,990 | +€5,869 | +3.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.