PVB CREATIF CONSTRUCT: 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.
PVB CREATIF CONSTRUCT
Largest movements
- Receivables within one year -€18,309
down €18,309 (-13.1%), from €139,309 to €121,000
of which Trade receivables: -€27,367
- Tangible fixed assets -€1,909
down €1,909 (-32.0%), from €5,968 to €4,059
of which Furniture and vehicles: -€2,089
- Other debts -€34,000
no longer reported in 2024 (was €34,000)
- Profit (loss) carried forward +€10,968
up €10,968 (+15.5%), from €70,844 to €81,812
- Tax, wage and social debts +€10,764
up €10,764 (+46.0%), from €23,423 to €34,187
- Trade debts -€8,147
no longer reported in 2024 (was €8,147)
- Gross operating margin -€3,676
down €3,676 (-5.8%), from €62,913 to €59,236
- Depreciation +€816
up €816 (+34.1%), from €2,392 to €3,208
- Other operating charges -€738
down €738 (-37.3%), from €1,979 to €1,241
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €151,413 | €130,998 | -€20,415 | -13.5% |
| Fixed assets | 21/28 | €6,331 | €4,422 | -€1,909 | -30.2% |
| Tangible fixed assets | 22/27 | €5,968 | €4,059 | -€1,909 | -32.0% |
| Plant, machinery and equipment | 23 | €1,789 | €1,969 | +€180 | +10.1% |
| Furniture and vehicles | 24 | €4,179 | €2,089 | -€2,089 | -50.0% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €145,082 | €126,577 | -€18,506 | -12.8% |
| Amounts receivable within one year | 40/41 | €139,309 | €121,000 | -€18,309 | -13.1% |
| Trade receivables | 40 | €43,351 | €15,984 | -€27,367 | -63.1% |
| Other amounts receivable | 41 | €95,957 | €105,016 | +€9,058 | +9.4% |
| Cash at bank and in hand | 54/58 | €4,483 | €5,104 | +€621 | +13.9% |
| Deferred charges and accrued income | 490/1 | €1,291 | €473 | -€818 | -63.4% |
| Total equity and liabilities | 10/49 | €151,413 | €130,998 | -€20,415 | -13.5% |
| Equity | 10/15 | €85,844 | €96,812 | +€10,968 | +12.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,844 | €81,812 | +€10,968 | +15.5% |
| Amounts payable | 17/49 | €65,569 | €34,187 | -€31,383 | -47.9% |
| Amounts payable within one year | 42/48 | €65,569 | €34,187 | -€31,383 | -47.9% |
| Trade debts | 44 | €8,147 | - | -€8,147 | |
| Suppliers | 440/4 | €8,147 | - | -€8,147 | |
| Taxes, remuneration and social security | 45 | €23,423 | €34,187 | +€10,764 | +46.0% |
| Taxes | 450/3 | €23,423 | €34,187 | +€10,764 | +46.0% |
| Other amounts payable | 47/48 | €34,000 | - | -€34,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,392 | €3,208 | +€816 | +34.1% |
| Other operating charges | 640/8 | €1,979 | €1,241 | -€738 | -37.3% |
| Gross operating margin | 9900 | €62,913 | €59,236 | -€3,676 | -5.8% |
| Operating profit (loss) | 9901 | €58,542 | €54,786 | -€3,755 | -6.4% |
| Financial charges | 65/66B | €2,304 | €2,234 | -€70 | -3.0% |
| Recurring financial charges | 65 | €2,304 | €2,234 | -€70 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €56,238 | €52,553 | -€3,685 | -6.6% |
| Income taxes | 67/77 | €12,111 | €11,585 | -€526 | -4.3% |
| Profit (loss) for the period | 9904 | €44,127 | €40,968 | -€3,159 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,127 | €40,968 | -€3,159 | -7.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.