PVL 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.
PVL CONSULTING
Largest movements
- Cash -€494,641
down €494,641 (-95.6%), from €517,374 to €22,733
mainly Contributions, distributions and other (-€277,889) and Current investments (-€250,000)
- Current investments +€250,000
new in 2025: €250,000
- Profit (loss) carried forward -€146,973
no longer reported in 2025 (was €146,973)
- Tax, wage and social debts -€83,625
down €83,625 (-84.0%), from €99,528 to €15,904
- Gross operating margin -€143,187
down €143,187 (-48.5%), from €294,943 to €151,755
- Taxes -€34,680
down €34,680 (-48.4%), from €71,652 to €36,972
- Financial charges -€3,778
down €3,778 (-23.2%), from €16,289 to €12,511
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 | €970,984 | €735,833 | -€235,151 | -24.2% |
| Current assets | 29/58 | €970,984 | €735,833 | -€235,151 | -24.2% |
| Amounts receivable within one year | 40/41 | €425,610 | €435,101 | +€9,490 | +2.2% |
| Trade receivables | 40 | €25,610 | €16,791 | -€8,819 | -34.4% |
| Other amounts receivable | 41 | €400,000 | €418,309 | +€18,309 | +4.6% |
| Current investments | 50/53 | - | €250,000 | +€250,000 | |
| Cash at bank and in hand | 54/58 | €517,374 | €22,733 | -€494,641 | -95.6% |
| Deferred charges and accrued income | 490/1 | €28,000 | €28,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €970,984 | €735,833 | -€235,151 | -24.2% |
| Equity | 10/15 | €167,373 | €20,400 | -€146,973 | -87.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,850 | €1,850 | = | 0.0% |
| Distributable reserves | 133 | €1,850 | €1,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | €146,973 | - | -€146,973 | |
| Amounts payable | 17/49 | €803,611 | €715,433 | -€88,177 | -11.0% |
| Amounts payable within one year | 42/48 | €803,611 | €715,433 | -€88,177 | -11.0% |
| Trade debts | 44 | €971 | €341 | -€630 | -64.9% |
| Suppliers | 440/4 | €971 | €341 | -€630 | -64.9% |
| Taxes, remuneration and social security | 45 | €99,528 | €15,904 | -€83,625 | -84.0% |
| Taxes | 450/3 | €99,528 | €15,904 | -€83,625 | -84.0% |
| Other amounts payable | 47/48 | €703,111 | €699,189 | -€3,923 | -0.6% |
| Other operating charges | 640/8 | €200 | €294 | +€94 | +47.2% |
| Gross operating margin | 9900 | €294,943 | €151,755 | -€143,187 | -48.5% |
| Operating profit (loss) | 9901 | €294,743 | €151,461 | -€143,282 | -48.6% |
| Financial income | 75/76B | €28,000 | €28,938 | +€938 | +3.3% |
| Recurring financial income | 75 | €28,000 | €28,938 | +€938 | +3.3% |
| Financial charges | 65/66B | €16,289 | €12,511 | -€3,778 | -23.2% |
| Recurring financial charges | 65 | €16,289 | €12,511 | -€3,778 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €306,453 | €167,888 | -€138,565 | -45.2% |
| Income taxes | 67/77 | €71,652 | €36,972 | -€34,680 | -48.4% |
| Profit (loss) for the period | 9904 | €234,802 | €130,916 | -€103,886 | -44.2% |
| Profit (loss) for the period to be appropriated | 9905 | €234,802 | €130,916 | -€103,886 | -44.2% |
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 15 October 2026 via checked.be.