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
- Receivables within one year -€26,955
down €26,955 (-55.5%), from €48,573 to €21,619
of which Trade receivables: -€23,631
- Cash +€19,782
up €19,782 (+65.4%), from €30,227 to €50,009
mainly Net result for the year (+€53,072) and Receivables within one year (+€26,955)
- Tangible fixed assets -€2,359
down €2,359 (-14.1%), from €16,713 to €14,355
- Other debts -€8,625
down €8,625 (-14.0%), from €61,697 to €53,072
- Tax, wage and social debts -€6,614
down €6,614 (-46.7%), from €14,161 to €7,547
- Trade debts +€5,708
up €5,708 (+528%), from €1,080 to €6,788
- Gross operating margin -€9,644
down €9,644 (-11.5%), from €84,089 to €74,445
- Taxes -€2,227
down €2,227 (-13.2%), from €16,931 to €14,704
- Financial charges +€1,490
up €1,490 (+1,329%), from €112 to €1,602
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 | €95,538 | €86,007 | -€9,531 | -10.0% |
| Fixed assets | 21/28 | €16,738 | €14,380 | -€2,359 | -14.1% |
| Tangible fixed assets | 22/27 | €16,713 | €14,355 | -€2,359 | -14.1% |
| Furniture and vehicles | 24 | €16,713 | €14,355 | -€2,359 | -14.1% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €78,800 | €71,627 | -€7,173 | -9.1% |
| Amounts receivable within one year | 40/41 | €48,573 | €21,619 | -€26,955 | -55.5% |
| Trade receivables | 40 | €35,498 | €11,866 | -€23,631 | -66.6% |
| Other amounts receivable | 41 | €13,075 | €9,752 | -€3,323 | -25.4% |
| Cash at bank and in hand | 54/58 | €30,227 | €50,009 | +€19,782 | +65.4% |
| Total equity and liabilities | 10/49 | €95,538 | €86,007 | -€9,531 | -10.0% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable | 17/49 | €76,938 | €67,407 | -€9,531 | -12.4% |
| Amounts payable within one year | 42/48 | €76,938 | €67,407 | -€9,531 | -12.4% |
| Trade debts | 44 | €1,080 | €6,788 | +€5,708 | +528% |
| Suppliers | 440/4 | €1,080 | €6,788 | +€5,708 | +528% |
| Taxes, remuneration and social security | 45 | €14,161 | €7,547 | -€6,614 | -46.7% |
| Taxes | 450/3 | €14,161 | €7,547 | -€6,614 | -46.7% |
| Other amounts payable | 47/48 | €61,697 | €53,072 | -€8,625 | -14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,380 | €5,562 | +€182 | +3.4% |
| Other operating charges | 640/8 | €463 | €127 | -€335 | -72.5% |
| Gross operating margin | 9900 | €84,089 | €74,445 | -€9,644 | -11.5% |
| Operating profit (loss) | 9901 | €78,247 | €68,756 | -€9,490 | -12.1% |
| Financial income | 75/76B | €493 | €621 | +€128 | +26.0% |
| Recurring financial income | 75 | €493 | €621 | +€128 | +26.0% |
| Financial charges | 65/66B | €112 | €1,602 | +€1,490 | +1,329% |
| Recurring financial charges | 65 | €112 | €1,602 | +€1,490 | +1,329% |
| Profit (loss) for the period before taxes | 9903 | €78,628 | €67,776 | -€10,852 | -13.8% |
| Income taxes | 67/77 | €16,931 | €14,704 | -€2,227 | -13.2% |
| Profit (loss) for the period | 9904 | €61,697 | €53,072 | -€8,625 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €61,697 | €53,072 | -€8,625 | -14.0% |
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 18 October 2026 via checked.be.