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PVBCONSULT: 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.

What changed

PVBCONSULT

BE 0477.904.053
NACE 69.209, Other tax advisory services
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€18,455
2023 · -€9,919+€28,374
Equity
€482,558
2023 · €464,103+€18,455
Cash
€3,571
2023 · €4+€3,568
Balance sheet total
€795,505
2023 · €879,196-€83,691

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€55,112

    down €55,112 (-35.2%), from €156,640 to €101,529

    of which Other amounts receivable: -€33,526

  • Tangible fixed assets -€20,147

    down €20,147 (-6.8%), from €296,342 to €276,194

    of which Land and buildings: -€20,921

  • Deferred charges and accrued income -€12,000

    down €12,000 (-100.0%), from €12,000 to €0

Equity and liabilities
  • Other debts -€104,854

    down €104,854 (-87.6%), from €119,688 to €14,834

  • Trade debts +€31,823

    up €31,823 (+36.8%), from €86,499 to €118,322

  • Short-term financial debts -€23,460

    down €23,460 (-41.0%), from €57,228 to €33,768

    of which Credit institutions: -€23,460

  • Profit (loss) carried forward +€18,455

    up €18,455 (+4.3%), from €424,893 to €443,348

  • Debts after one year -€17,440

    down €17,440 (-15.2%), from €114,430 to €96,991

Income statement
  • Taxes -€3,864

    down €3,864 (-56.3%), from €6,864 to €3,000

  • Gross operating margin +€2,986

    up €2,986 (+7.5%), from €40,006 to €42,992

  • Other operating charges +€2,506

    up €2,506 (+104.7%), from €2,395 to €4,901

  • Financial income -€661

    down €661 (-4.5%), from €14,657 to €13,996

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€9,919
Gross operating margin +€2,986
Depreciation -€91
Other operating charges -€2,506
Other operating items +€25,000
Financial income -€661
Financial charges -€218
Taxes +€3,864
Result 2024 €18,455

Cash bridge derived

cash 2023 to 2024

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.

From operations +€46,613
Investment -€2,344
Financing -€40,701
Cash 2023 €4
Net result for the year +€18,455
Depreciation +€22,492
Receivables within one year +€55,112
Deferred charges and accrued income +€12,000
Trade debts +€31,823
Tax, wage and social debts +€11,586
Other debts -€104,854
Investment in fixed assets (net) -€2,344
Debts after one year -€17,440
Current portion of long-term debt +€198
Short-term financial debts -€23,460
Cash 2024 €3,571
Every line side by side 54 lines
Line Code 2023 2024 Change %
Total assets 20/58 €879,196 €795,505 -€83,691 -9.5%
Fixed assets 21/28 €385,552 €365,405 -€20,147 -5.2%
Tangible fixed assets 22/27 €296,342 €276,194 -€20,147 -6.8%
Land and buildings 22 €288,717 €267,796 -€20,921 -7.2%
Plant, machinery and equipment 23 €6,040 €6,980 +€940 +15.6%
Furniture and vehicles 24 €1,584 €1,418 -€166 -10.5%
Financial fixed assets 28 €89,210 €89,210 = 0.0%
Current assets 29/58 €493,644 €430,100 -€63,544 -12.9%
Amounts receivable after more than one year 29 €325,000 €325,000 = 0.0%
Trade receivables 290 €325,000 €325,000 = 0.0%
Amounts receivable within one year 40/41 €156,640 €101,529 -€55,112 -35.2%
Trade receivables 40 €50,365 €28,779 -€21,586 -42.9%
Other amounts receivable 41 €106,275 €72,750 -€33,526 -31.5%
Cash at bank and in hand 54/58 €4 €3,571 +€3,568 +101930.3%
Deferred charges and accrued income 490/1 €12,000 €0 -€12,000 -100.0%
Total equity and liabilities 10/49 €879,196 €795,505 -€83,691 -9.5%
Equity 10/15 €464,103 €482,558 +€18,455 +4.0%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €20,610 €20,610 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Tax-exempt reserves 132 €15,000 €15,000 = 0.0%
Distributable reserves 133 €3,750 €3,750 = 0.0%
Profit (loss) carried forward 14 €424,893 €443,348 +€18,455 +4.3%
Provisions and deferred taxes 16 €24,024 €24,024 = 0.0%
Provisions for liabilities and charges 160/5 €24,024 €24,024 = 0.0%
Pensions and similar obligations 160 €24,024 €24,024 = 0.0%
Amounts payable 17/49 €391,069 €288,922 -€102,147 -26.1%
Amounts payable after more than one year 17 €114,430 €96,991 -€17,440 -15.2%
Financial debts 170/4 €114,430 €96,991 -€17,440 -15.2%
Amounts payable within one year 42/48 €276,639 €191,932 -€84,707 -30.6%
Current portion of amounts payable after more than one year 42 €13,223 €13,422 +€198 +1.5%
Financial debts 43 €57,228 €33,768 -€23,460 -41.0%
Credit institutions 430/8 €57,228 €33,768 -€23,460 -41.0%
Other loans 439 €0 - =
Trade debts 44 €86,499 €118,322 +€31,823 +36.8%
Suppliers 440/4 €86,499 €118,322 +€31,823 +36.8%
Taxes, remuneration and social security 45 €0 €11,586 +€11,586
Taxes 450/3 €0 €11,586 +€11,586
Other amounts payable 47/48 €119,688 €14,834 -€104,854 -87.6%
Non-recurring operating income 76A €374 €0 -€374 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €22,401 €22,492 +€91 +0.4%
Other operating charges 640/8 €2,395 €4,901 +€2,506 +104.7%
Non-recurring operating charges 66A €25,000 €0 -€25,000 -100.0%
Gross operating margin 9900 €40,006 €42,992 +€2,986 +7.5%
Operating profit (loss) 9901 -€9,789 €15,600 +€25,389
Financial income 75/76B €14,657 €13,996 -€661 -4.5%
Recurring financial income 75 €14,657 €13,996 -€661 -4.5%
Financial charges 65/66B €7,922 €8,140 +€218 +2.8%
Recurring financial charges 65 €7,922 €8,140 +€218 +2.8%
Profit (loss) for the period before taxes 9903 -€3,055 €21,455 +€24,510
Income taxes 67/77 €6,864 €3,000 -€3,864 -56.3%
Profit (loss) for the period 9904 -€9,919 €18,455 +€28,374
Profit (loss) for the period to be appropriated 9905 -€9,919 €18,455 +€28,374

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.