PVB 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.
PVB Services
Largest movements
- Cash -€43,084
down €43,084 (-58.9%), from €73,130 to €30,046
mainly Contributions, distributions and other (-€60,000) and Investment in fixed assets (net) (-€32,009)
- Tangible fixed assets +€22,311
up €22,311 (+230.3%), from €9,690 to €32,000
of which Furniture and vehicles: +€20,511
- Receivables within one year +€20,525
up €20,525 (+110.2%), from €18,630 to €39,155
of which Trade receivables: +€14,788
- Other debts +€21,814
up €21,814 (+171.0%), from €12,755 to €34,569
- Reserves -€15,119
down €15,119 (-25.2%), from €60,096 to €44,977
- Tax, wage and social debts -€7,371
down €7,371 (-49.1%), from €15,020 to €7,649
of which Taxes: -€11,371
- Gross operating margin +€16,199
up €16,199 (+34.2%), from €47,339 to €63,537
- Financial charges -€10,837
down €10,837 (-89.0%), from €12,182 to €1,345
of which Non-recurring financial charges: -€12,097
- Taxes +€4,756
up €4,756 (+85.1%), from €5,586 to €10,342
- Depreciation +€3,199
up €3,199 (+49.2%), from €6,500 to €9,699
- Financial income +€3,177
up €3,177 (+1922.4%), from €165 to €3,342
of which Financial income: +€3,177
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 | €101,857 | €101,614 | -€243 | -0.2% |
| Fixed assets | 21/28 | €9,690 | €32,000 | +€22,311 | +230.3% |
| Tangible fixed assets | 22/27 | €9,690 | €32,000 | +€22,311 | +230.3% |
| Plant, machinery and equipment | 23 | - | €1,799 | +€1,799 | |
| Furniture and vehicles | 24 | €9,690 | €30,201 | +€20,511 | +211.7% |
| Current assets | 29/58 | €92,168 | €69,614 | -€22,554 | -24.5% |
| Amounts receivable within one year | 40/41 | €18,630 | €39,155 | +€20,525 | +110.2% |
| Trade receivables | 40 | €18,630 | €33,418 | +€14,788 | +79.4% |
| Other amounts receivable | 41 | €0 | €5,737 | +€5,737 | |
| Cash at bank and in hand | 54/58 | €73,130 | €30,046 | -€43,084 | -58.9% |
| Deferred charges and accrued income | 490/1 | €408 | €414 | +€6 | +1.4% |
| Total equity and liabilities | 10/49 | €101,857 | €101,614 | -€243 | -0.2% |
| Equity | 10/15 | €63,596 | €48,477 | -€15,119 | -23.8% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €60,096 | €44,977 | -€15,119 | -25.2% |
| Distributable reserves | 133 | €60,096 | €44,977 | -€15,119 | -25.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €38,261 | €53,138 | +€14,876 | +38.9% |
| Amounts payable within one year | 42/48 | €38,261 | €53,138 | +€14,876 | +38.9% |
| Trade debts | 44 | €10,486 | €10,920 | +€434 | +4.1% |
| Suppliers | 440/4 | €10,486 | €10,920 | +€434 | +4.1% |
| Taxes, remuneration and social security | 45 | €15,020 | €7,649 | -€7,371 | -49.1% |
| Taxes | 450/3 | €15,020 | €3,649 | -€11,371 | -75.7% |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Other amounts payable | 47/48 | €12,755 | €34,569 | +€21,814 | +171.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,500 | €9,699 | +€3,199 | +49.2% |
| Other operating charges | 640/8 | €893 | €613 | -€280 | -31.3% |
| Gross operating margin | 9900 | €47,339 | €63,537 | +€16,199 | +34.2% |
| Operating profit (loss) | 9901 | €39,946 | €53,225 | +€13,279 | +33.2% |
| Financial income | 75/76B | €165 | €3,342 | +€3,177 | +1922.4% |
| Recurring financial income | 75 | €165 | €3,342 | +€3,177 | +1922.4% |
| Non-recurring financial income | 76B | €165 | €3,342 | +€3,177 | +1922.4% |
| Financial charges | 65/66B | €12,182 | €1,345 | -€10,837 | -89.0% |
| Recurring financial charges | 65 | €85 | €1,345 | +€1,260 | +1481.8% |
| Non-recurring financial charges | 66B | €12,097 | €0 | -€12,097 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €27,930 | €55,223 | +€27,293 | +97.7% |
| Income taxes | 67/77 | €5,586 | €10,342 | +€4,756 | +85.1% |
| Profit (loss) for the period | 9904 | €22,344 | €44,881 | +€22,537 | +100.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,344 | €44,881 | +€22,537 | +100.9% |
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 12 October 2026 via checked.be.