PVGF BRUT: 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.
PVGF BRUT
Largest movements
- Receivables within one year +€29,140
up €29,140 (+33,084%), from €88 to €29,228
of which Trade receivables: +€25,355
- Stocks and contracts +€3,010
up €3,010 (+96.3%), from €3,125 to €6,135
- Deferred charges and accrued income +€2,289
up €2,289 (+61.8%), from €3,701 to €5,990
- Current investments -€785
down €785 (-96.9%), from €811 to €25
- Advances received +€25,000
new in 2023: €25,000
- Profit (loss) carried forward +€20,450
up €20,450 (+67.5%), from -€30,307 to -€9,857
- Trade debts -€8,214
down €8,214 (-53.1%), from €15,462 to €7,248
- Tax, wage and social debts -€3,270
down €3,270 (-40.2%), from €8,128 to €4,858
of which Remuneration and social security: -€7,410
- Gross operating margin +€20,610
up €20,610 (+84.7%), from €24,340 to €44,950
- Purchases and services -€18,622
down €18,622 (-21.1%), from €88,182 to €69,560
- Staff costs -€8,125
down €8,125 (-26.4%), from €30,719 to €22,594
- Turnover +€2,022
up €2,022 (+1.8%), from €112,488 to €114,510
- Financial charges -€1,197
down €1,197 (-44.0%), from €2,723 to €1,526
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,456 | €42,311 | +€33,855 | +400% |
| Fixed assets | 21/28 | €731 | €731 | = | 0.0% |
| Tangible fixed assets | 22/27 | €600 | €600 | = | 0.0% |
| Plant, machinery and equipment | 23 | €600 | €600 | = | 0.0% |
| Financial fixed assets | 28 | €131 | €131 | = | 0.0% |
| Current assets | 29/58 | €7,725 | €41,580 | +€33,855 | +438% |
| Stocks and contracts in progress | 3 | €3,125 | €6,135 | +€3,010 | +96.3% |
| Stocks | 30/36 | €3,125 | €6,135 | +€3,010 | +96.3% |
| Amounts receivable within one year | 40/41 | €88 | €29,228 | +€29,140 | +33,084% |
| Trade receivables | 40 | €88 | €25,443 | +€25,355 | +28,787% |
| Other amounts receivable | 41 | - | €3,785 | +€3,785 | |
| Current investments | 50/53 | €811 | €25 | -€785 | -96.9% |
| Cash at bank and in hand | 54/58 | - | €202 | +€202 | |
| Deferred charges and accrued income | 490/1 | €3,701 | €5,990 | +€2,289 | +61.8% |
| Total equity and liabilities | 10/49 | €8,456 | €42,311 | +€33,855 | +400% |
| Equity | 10/15 | -€17,657 | €2,793 | +€20,450 | |
| Contributions | 10/11 | €11,500 | €11,500 | = | 0.0% |
| Reserves | 13 | €1,150 | €1,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,150 | - | -€1,150 | |
| Reserves not available under the articles | 1311 | €1,150 | - | -€1,150 | |
| Distributable reserves | 133 | - | €1,150 | +€1,150 | |
| Profit (loss) carried forward | 14 | -€30,307 | -€9,857 | +€20,450 | +67.5% |
| Amounts payable | 17/49 | €26,113 | €39,518 | +€13,405 | +51.3% |
| Amounts payable within one year | 42/48 | €26,113 | €39,518 | +€13,405 | +51.3% |
| Trade debts | 44 | €15,462 | €7,248 | -€8,214 | -53.1% |
| Suppliers | 440/4 | €15,462 | €7,248 | -€8,214 | -53.1% |
| Advances received on contracts in progress | 46 | - | €25,000 | +€25,000 | |
| Taxes, remuneration and social security | 45 | €8,128 | €4,858 | -€3,270 | -40.2% |
| Taxes | 450/3 | €718 | €4,858 | +€4,140 | +577% |
| Remuneration and social security | 454/9 | €7,410 | - | -€7,410 | |
| Other amounts payable | 47/48 | €2,523 | €2,412 | -€111 | -4.4% |
| Turnover | 70 | €112,488 | €114,510 | +€2,022 | +1.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €88,182 | €69,560 | -€18,622 | -21.1% |
| Remuneration, social security and pensions | 62 | €30,719 | €22,594 | -€8,125 | -26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €719 | - | -€719 | |
| Other operating charges | 640/8 | €644 | €380 | -€263 | -40.9% |
| Gross operating margin | 9900 | €24,340 | €44,950 | +€20,610 | +84.7% |
| Operating profit (loss) | 9901 | -€7,742 | €21,975 | +€29,717 | |
| Financial charges | 65/66B | €2,723 | €1,526 | -€1,197 | -44.0% |
| Recurring financial charges | 65 | €2,723 | €1,526 | -€1,197 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,465 | €20,450 | +€30,915 | |
| Profit (loss) for the period | 9904 | -€10,465 | €20,450 | +€30,915 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,465 | €20,450 | +€30,915 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.