PVE Consult: 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.
PVE Consult
Largest movements
- Tangible fixed assets -€10,614
down €10,614 (-25.6%), from €41,519 to €30,904
of which Furniture and vehicles: -€10,613
- Deferred charges and accrued income -€6,996
down €6,996 (-97.6%), from €7,170 to €174
- Cash +€3,372
up €3,372 (+3.3%), from €101,694 to €105,065
mainly Depreciation (+€12,105) and Net result for the year (+€10,262)
- Receivables within one year +€2,112
up €2,112 (+23.1%), from €9,136 to €11,248
of which Other amounts receivable: +€8,742
- Tax, wage and social debts -€18,011
down €18,011 (-94.4%), from €19,074 to €1,064
- Reserves +€10,262
up €10,262 (+7.6%), from €134,446 to €144,708
- Trade debts -€3,729
down €3,729 (-85.7%), from €4,349 to €620
- Gross operating margin -€28,577
down €28,577 (-47.8%), from €59,840 to €31,263
- Taxes -€9,724
down €9,724 (-57.2%), from €17,009 to €7,285
- Depreciation +€1,213
up €1,213 (+11.1%), from €10,892 to €12,105
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 | €159,518 | €147,391 | -€12,127 | -7.6% |
| Fixed assets | 21/28 | €41,519 | €30,904 | -€10,614 | -25.6% |
| Tangible fixed assets | 22/27 | €41,519 | €30,904 | -€10,614 | -25.6% |
| Land and buildings | 22 | €1,422 | €913 | -€509 | -35.8% |
| Plant, machinery and equipment | 23 | €1,521 | €1,133 | -€388 | -25.5% |
| Furniture and vehicles | 24 | €33,269 | €22,656 | -€10,613 | -31.9% |
| Other tangible fixed assets | 26 | €5,306 | €6,201 | +€895 | +16.9% |
| Current assets | 29/58 | €118,000 | €116,487 | -€1,513 | -1.3% |
| Amounts receivable within one year | 40/41 | €9,136 | €11,248 | +€2,112 | +23.1% |
| Trade receivables | 40 | €9,136 | €2,506 | -€6,630 | -72.6% |
| Other amounts receivable | 41 | €0 | €8,742 | +€8,742 | |
| Cash at bank and in hand | 54/58 | €101,694 | €105,065 | +€3,372 | +3.3% |
| Deferred charges and accrued income | 490/1 | €7,170 | €174 | -€6,996 | -97.6% |
| Total equity and liabilities | 10/49 | €159,518 | €147,391 | -€12,127 | -7.6% |
| Equity | 10/15 | €135,446 | €145,708 | +€10,262 | +7.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €134,446 | €144,708 | +€10,262 | +7.6% |
| Distributable reserves | 133 | €134,446 | €144,708 | +€10,262 | +7.6% |
| Amounts payable | 17/49 | €24,073 | €1,684 | -€22,389 | -93.0% |
| Amounts payable within one year | 42/48 | €24,073 | €1,684 | -€22,389 | -93.0% |
| Trade debts | 44 | €4,349 | €620 | -€3,729 | -85.7% |
| Suppliers | 440/4 | €4,349 | €620 | -€3,729 | -85.7% |
| Taxes, remuneration and social security | 45 | €19,074 | €1,064 | -€18,011 | -94.4% |
| Taxes | 450/3 | €19,074 | €1,064 | -€18,011 | -94.4% |
| Other amounts payable | 47/48 | €650 | €0 | -€650 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,892 | €12,105 | +€1,213 | +11.1% |
| Other operating charges | 640/8 | €1,597 | €1,497 | -€101 | -6.3% |
| Gross operating margin | 9900 | €59,840 | €31,263 | -€28,577 | -47.8% |
| Operating profit (loss) | 9901 | €47,351 | €17,661 | -€29,689 | -62.7% |
| Financial income | 75/76B | €0 | €31 | +€31 | |
| Recurring financial income | 75 | €0 | €31 | +€31 | |
| Financial charges | 65/66B | €181 | €145 | -€36 | -19.8% |
| Recurring financial charges | 65 | €181 | €145 | -€36 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €47,169 | €17,547 | -€29,622 | -62.8% |
| Income taxes | 67/77 | €17,009 | €7,285 | -€9,724 | -57.2% |
| Profit (loss) for the period | 9904 | €30,161 | €10,262 | -€19,898 | -66.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,161 | €10,262 | -€19,898 | -66.0% |
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 19 October 2026 via checked.be.