PVD TECHNICS: 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.
PVD TECHNICS
Largest movements
- Tangible fixed assets -€17,244
down €17,244 (-44.4%), from €38,827 to €21,583
- Cash -€1,760
down €1,760 (-37.6%), from €4,684 to €2,924
mainly Debts after one year (-€13,357) and Net result for the year (-€7,439)
- Deferred charges and accrued income +€1,399
up €1,399 (+30.1%), from €4,653 to €6,053
- Receivables within one year +€782
up €782 (+50.7%), from €1,541 to €2,323
of which Other amounts receivable: +€2,257
- Stocks and contracts -€741
down €741 (-15.8%), from €4,692 to €3,951
- Debts after one year -€13,357
down €13,357 (-86.4%), from €15,453 to €2,096
- Profit (loss) carried forward -€7,439
down €7,439 (-246%), from -€3,025 to -€10,464
- Other debts +€4,141
up €4,141 (+78.7%), from €5,260 to €9,400
- Trade debts -€1,212
down €1,212 (-81.6%), from €1,486 to €273
- Gross operating margin +€1,007
up €1,007 (+9.1%), from €11,024 to €12,031
- Other operating charges +€942
up €942 (+245%), from €384 to €1,327
- Taxes -€726
down €726 (-70.8%), from €1,025 to €300
- Depreciation +€413
up €413 (+2.5%), from €16,831 to €17,244
- Financial charges -€185
down €185 (-22.9%), from €810 to €625
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.
Derived cash bridge
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 | €54,447 | €36,884 | -€17,563 | -32.3% |
| Fixed assets | 21/28 | €38,877 | €21,633 | -€17,244 | -44.4% |
| Tangible fixed assets | 22/27 | €38,827 | €21,583 | -€17,244 | -44.4% |
| Furniture and vehicles | 24 | €38,827 | €21,583 | -€17,244 | -44.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €15,571 | €15,251 | -€319 | -2.1% |
| Stocks and contracts in progress | 3 | €4,692 | €3,951 | -€741 | -15.8% |
| Stocks | 30/36 | €4,692 | €3,951 | -€741 | -15.8% |
| Amounts receivable within one year | 40/41 | €1,541 | €2,323 | +€782 | +50.7% |
| Trade receivables | 40 | €1,475 | - | -€1,475 | |
| Other amounts receivable | 41 | €67 | €2,323 | +€2,257 | +3,378% |
| Cash at bank and in hand | 54/58 | €4,684 | €2,924 | -€1,760 | -37.6% |
| Deferred charges and accrued income | 490/1 | €4,653 | €6,053 | +€1,399 | +30.1% |
| Total equity and liabilities | 10/49 | €54,447 | €36,884 | -€17,563 | -32.3% |
| Equity | 10/15 | €17,600 | €10,161 | -€7,439 | -42.3% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Contributions outside capital | 11 | €18,750 | €18,750 | = | 0.0% |
| Other | 1109/19 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,025 | -€10,464 | -€7,439 | -246% |
| Amounts payable | 17/49 | €36,848 | €26,723 | -€10,125 | -27.5% |
| Amounts payable after more than one year | 17 | €15,453 | €2,096 | -€13,357 | -86.4% |
| Financial debts | 170/4 | €15,453 | €2,096 | -€13,357 | -86.4% |
| Amounts payable within one year | 42/48 | €21,395 | €24,627 | +€3,232 | +15.1% |
| Current portion of amounts payable after more than one year | 42 | €13,183 | €13,395 | +€212 | +1.6% |
| Trade debts | 44 | €1,486 | €273 | -€1,212 | -81.6% |
| Suppliers | 440/4 | €1,486 | €273 | -€1,212 | -81.6% |
| Taxes, remuneration and social security | 45 | €1,467 | €1,558 | +€92 | +6.3% |
| Taxes | 450/3 | €1,467 | €1,558 | +€92 | +6.3% |
| Other amounts payable | 47/48 | €5,260 | €9,400 | +€4,141 | +78.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,831 | €17,244 | +€413 | +2.5% |
| Other operating charges | 640/8 | €384 | €1,327 | +€942 | +245% |
| Gross operating margin | 9900 | €11,024 | €12,031 | +€1,007 | +9.1% |
| Operating profit (loss) | 9901 | -€6,192 | -€6,540 | -€348 | -5.6% |
| Financial income | 75/76B | €9 | €26 | +€16 | +173% |
| Recurring financial income | 75 | €9 | €26 | +€16 | +173% |
| Financial charges | 65/66B | €810 | €625 | -€185 | -22.9% |
| Recurring financial charges | 65 | €810 | €625 | -€185 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,993 | -€7,139 | -€147 | -2.1% |
| Income taxes | 67/77 | €1,025 | €300 | -€726 | -70.8% |
| Profit (loss) for the period | 9904 | -€8,018 | -€7,439 | +€579 | +7.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,018 | -€7,439 | +€579 | +7.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.