PVdM CONSULTING: 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.
PVdM CONSULTING
Largest movements
- Tangible fixed assets -€9,115
down €9,115 (-6.6%), from €138,165 to €129,050
- Profit (loss) carried forward -€9,535
down €9,535 (-26.3%), from -€36,277 to -€45,812
- Other operating charges -€341
down €341 (-10.8%), from €3,159 to €2,818
- Gross operating margin +€308
up €308 (+11.3%), from €2,730 to €3,038
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 | €367,171 | €357,636 | -€9,535 | -2.6% |
| Fixed assets | 21/28 | €138,165 | €129,050 | -€9,115 | -6.6% |
| Tangible fixed assets | 22/27 | €138,165 | €129,050 | -€9,115 | -6.6% |
| Land and buildings | 22 | €138,165 | €129,050 | -€9,115 | -6.6% |
| Current assets | 29/58 | €229,006 | €228,586 | -€420 | -0.2% |
| Amounts receivable within one year | 40/41 | €350 | €48 | -€302 | -86.3% |
| Other amounts receivable | 41 | €350 | €48 | -€302 | -86.3% |
| Cash at bank and in hand | 54/58 | €228,656 | €228,538 | -€118 | -0.1% |
| Total equity and liabilities | 10/49 | €367,171 | €357,636 | -€9,535 | -2.6% |
| Equity | 10/15 | €367,171 | €357,636 | -€9,535 | -2.6% |
| Contributions | 10/11 | €141,299 | €141,299 | = | 0.0% |
| Capital | 10 | €141,299 | €141,299 | = | 0.0% |
| Issued capital | 100 | €141,299 | €141,299 | = | 0.0% |
| Reserves | 13 | €262,149 | €262,149 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,129 | €14,129 | = | 0.0% |
| Legal reserve | 130 | €14,129 | €14,129 | = | 0.0% |
| Distributable reserves | 133 | €248,020 | €248,020 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,277 | -€45,812 | -€9,535 | -26.3% |
| Non-recurring operating income | 76A | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,115 | €9,115 | = | 0.0% |
| Other operating charges | 640/8 | €3,159 | €2,818 | -€341 | -10.8% |
| Gross operating margin | 9900 | €2,730 | €3,038 | +€308 | +11.3% |
| Operating profit (loss) | 9901 | -€9,544 | -€8,895 | +€649 | +6.8% |
| Financial charges | 65/66B | €51 | €77 | +€26 | +51.0% |
| Recurring financial charges | 65 | €51 | €77 | +€26 | +51.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,595 | -€8,972 | +€623 | +6.5% |
| Income taxes | 67/77 | €588 | €563 | -€25 | -4.3% |
| Profit (loss) for the period | 9904 | -€10,183 | -€9,535 | +€648 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,183 | -€9,535 | +€648 | +6.4% |
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 16 October 2026 via checked.be.