PVBEKN1839: what changed
PVBEKN1839
Largest movements
- Cash -€5,413
down €5,413 (-18.7%), from €29,017 to €23,604
mainly Net result for the year (-€3,500) and Tax, wage and social debts (-€1,723)
- Receivables within one year +€1,522
up €1,522 (+12.5%), from €12,182 to €13,704
of which Trade receivables: +€2,748
- Tangible fixed assets -€760
no longer reported in 2024 (was €760)
- Reserves -€3,500
down €3,500 (-9.6%), from €36,512 to €33,012
- Tax, wage and social debts -€1,723
down €1,723 (-45.2%), from €3,812 to €2,090
- Trade debts +€455
up €455 (+42.3%), from €1,076 to €1,531
- Gross operating margin -€17,966
down €17,966, from €16,790 to -€1,176
- Staff costs -€4,017
down €4,017 (-97.5%), from €4,119 to €102
- Financial charges -€3,346
down €3,346 (-95.0%), from €3,522 to €177
- Taxes -€1,723
down €1,723 (-92.5%), from €1,862 to €140
- Depreciation -€1,208
down €1,208 (-61.4%), from €1,968 to €760
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,400 | €38,646 | -€4,755 | -11.0% |
| Fixed assets | 21/28 | €760 | - | -€760 | |
| Tangible fixed assets | 22/27 | €760 | - | -€760 | |
| Plant, machinery and equipment | 23 | €760 | - | -€760 | |
| Current assets | 29/58 | €42,640 | €38,646 | -€3,995 | -9.4% |
| Amounts receivable within one year | 40/41 | €12,182 | €13,704 | +€1,522 | +12.5% |
| Trade receivables | 40 | €6,205 | €8,953 | +€2,748 | +44.3% |
| Other amounts receivable | 41 | €5,977 | €4,751 | -€1,225 | -20.5% |
| Cash at bank and in hand | 54/58 | €29,017 | €23,604 | -€5,413 | -18.7% |
| Deferred charges and accrued income | 490/1 | €1,442 | €1,338 | -€104 | -7.2% |
| Total equity and liabilities | 10/49 | €43,400 | €38,646 | -€4,755 | -11.0% |
| Equity | 10/15 | €38,512 | €35,012 | -€3,500 | -9.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €36,512 | €33,012 | -€3,500 | -9.6% |
| Distributable reserves | 133 | €36,512 | €33,012 | -€3,500 | -9.6% |
| Amounts payable | 17/49 | €4,888 | €3,633 | -€1,255 | -25.7% |
| Amounts payable within one year | 42/48 | €4,888 | €3,620 | -€1,268 | -25.9% |
| Trade debts | 44 | €1,076 | €1,531 | +€455 | +42.3% |
| Suppliers | 440/4 | €1,076 | €1,531 | +€455 | +42.3% |
| Taxes, remuneration and social security | 45 | €3,812 | €2,090 | -€1,723 | -45.2% |
| Taxes | 450/3 | €3,812 | €2,090 | -€1,723 | -45.2% |
| Accrued charges and deferred income | 492/3 | - | €13 | +€13 | |
| Remuneration, social security and pensions | 62 | €4,119 | €102 | -€4,017 | -97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,968 | €760 | -€1,208 | -61.4% |
| Other operating charges | 640/8 | €957 | €1,525 | +€567 | +59.3% |
| Gross operating margin | 9900 | €16,790 | -€1,176 | -€17,966 | |
| Operating profit (loss) | 9901 | €9,747 | -€3,562 | -€13,309 | |
| Financial income | 75/76B | €292 | €378 | +€86 | +29.3% |
| Recurring financial income | 75 | €292 | €378 | +€86 | +29.3% |
| Financial charges | 65/66B | €3,522 | €177 | -€3,346 | -95.0% |
| Recurring financial charges | 65 | €3,522 | €177 | -€3,346 | -95.0% |
| Profit (loss) for the period before taxes | 9903 | €6,517 | -€3,361 | -€9,878 | |
| Income taxes | 67/77 | €1,862 | €140 | -€1,723 | -92.5% |
| Profit (loss) for the period | 9904 | €4,655 | -€3,500 | -€8,155 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,655 | -€3,500 | -€8,155 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.