PVG Insperience: 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.
PVG Insperience
Largest movements
- Receivables within one year -€3,988
down €3,988 (-30.7%), from €12,995 to €9,007
- Deferred charges and accrued income -€737
down €737 (-28.5%), from €2,585 to €1,848
- Tangible fixed assets -€510
down €510 (-40.7%), from €1,251 to €742
of which Other tangible fixed assets: -€510
- Other debts -€7,022
down €7,022 (-56.2%), from €12,485 to €5,462
- Profit (loss) carried forward +€4,349
up €4,349 (+8.4%), from -€51,528 to -€47,179
- Tax, wage and social debts -€1,388
down €1,388 (-8.1%), from €17,217 to €15,829
of which Remuneration and social security: -€1,053
- Trade debts -€617
down €617 (-64.5%), from €957 to €340
- Short-term financial debts -€556
down €556 (-12.3%), from €4,531 to €3,975
- Staff costs -€12,609
down €12,609 (-12.6%), from €100,385 to €87,776
- Other operating charges +€1,202
up €1,202 (+118%), from €1,021 to €2,223
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 | €17,131 | €11,896 | -€5,234 | -30.6% |
| Fixed assets | 21/28 | €1,251 | €742 | -€510 | -40.7% |
| Tangible fixed assets | 22/27 | €1,251 | €742 | -€510 | -40.7% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €1,251 | €742 | -€510 | -40.7% |
| Current assets | 29/58 | €15,880 | €11,155 | -€4,725 | -29.8% |
| Amounts receivable within one year | 40/41 | €12,995 | €9,007 | -€3,988 | -30.7% |
| Trade receivables | 40 | €12,995 | €9,007 | -€3,988 | -30.7% |
| Cash at bank and in hand | 54/58 | €300 | €300 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €2,585 | €1,848 | -€737 | -28.5% |
| Total equity and liabilities | 10/49 | €17,131 | €11,896 | -€5,234 | -30.6% |
| Equity | 10/15 | -€18,059 | -€13,710 | +€4,349 | +24.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,869 | €14,869 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €14,249 | €14,249 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,528 | -€47,179 | +€4,349 | +8.4% |
| Amounts payable | 17/49 | €35,190 | €25,606 | -€9,583 | -27.2% |
| Amounts payable within one year | 42/48 | €35,190 | €25,606 | -€9,583 | -27.2% |
| Financial debts | 43 | €4,531 | €3,975 | -€556 | -12.3% |
| Credit institutions | 430/8 | €4,531 | €3,975 | -€556 | -12.3% |
| Trade debts | 44 | €957 | €340 | -€617 | -64.5% |
| Suppliers | 440/4 | €957 | €340 | -€617 | -64.5% |
| Taxes, remuneration and social security | 45 | €17,217 | €15,829 | -€1,388 | -8.1% |
| Taxes | 450/3 | €4,182 | €3,847 | -€335 | -8.0% |
| Remuneration and social security | 454/9 | €13,035 | €11,981 | -€1,053 | -8.1% |
| Other amounts payable | 47/48 | €12,485 | €5,462 | -€7,022 | -56.2% |
| Remuneration, social security and pensions | 62 | €100,385 | €87,776 | -€12,609 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €510 | €510 | = | 0.0% |
| Other operating charges | 640/8 | €1,021 | €2,223 | +€1,202 | +118% |
| Gross operating margin | 9900 | €97,724 | €97,995 | +€271 | +0.3% |
| Operating profit (loss) | 9901 | -€4,191 | €7,487 | +€11,678 | |
| Financial charges | 65/66B | €3,324 | €2,765 | -€559 | -16.8% |
| Recurring financial charges | 65 | €3,324 | €2,765 | -€559 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,515 | €4,722 | +€12,237 | |
| Income taxes | 67/77 | €386 | €373 | -€13 | -3.4% |
| Profit (loss) for the period | 9904 | -€7,902 | €4,349 | +€12,251 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,902 | €4,349 | +€12,251 |
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 26 October 2026 via checked.be.