PVM SOLUTIONS: 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.
PVM SOLUTIONS
Largest movements
- Cash -€158,494
down €158,494 (-67.3%), from €235,543 to €77,048
mainly Contributions, distributions and other (-€265,000) and Receivables within one year (-€15,194)
- Receivables within one year +€15,194
up €15,194 (+582.4%), from €2,609 to €17,803
of which Trade receivables: +€16,033
- Reserves -€228,982
down €228,982 (-99.5%), from €230,097 to €1,116
- Other debts +€65,000
new in 2025: €65,000
- Tax, wage and social debts +€19,004
up €19,004 (+247.5%), from €7,680 to €26,684
- Turnover -€165,307
no longer reported in 2025 (was €165,307)
- Purchases and services -€90,721
no longer reported in 2025 (was €90,721)
- Taxes +€33,396
up €33,396 (+186.3%), from €17,925 to €51,321
- Gross operating margin +€9,056
up €9,056 (+10.7%), from €84,685 to €93,741
- Financial income -€4,468
down €4,468 (-93.5%), from €4,776 to €308
of which Non-recurring financial income: -€4,776
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.
Cash bridge derived
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 | €245,361 | €99,896 | -€145,465 | -59.3% |
| Fixed assets | 21/28 | €7,210 | €5,045 | -€2,164 | -30.0% |
| Tangible fixed assets | 22/27 | €7,210 | €5,045 | -€2,164 | -30.0% |
| Plant, machinery and equipment | 23 | €827 | €1,262 | +€436 | +52.7% |
| Furniture and vehicles | 24 | €6,383 | €3,783 | -€2,600 | -40.7% |
| Current assets | 29/58 | €238,151 | €94,851 | -€143,300 | -60.2% |
| Amounts receivable within one year | 40/41 | €2,609 | €17,803 | +€15,194 | +582.4% |
| Trade receivables | 40 | - | €16,033 | +€16,033 | |
| Other amounts receivable | 41 | €2,609 | €1,770 | -€838 | -32.1% |
| Cash at bank and in hand | 54/58 | €235,543 | €77,048 | -€158,494 | -67.3% |
| Total equity and liabilities | 10/49 | €245,361 | €99,896 | -€145,465 | -59.3% |
| Equity | 10/15 | €232,597 | €3,616 | -€228,982 | -98.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €230,097 | €1,116 | -€228,982 | -99.5% |
| Distributable reserves | 133 | €230,097 | €1,116 | -€228,982 | -99.5% |
| Amounts payable | 17/49 | €12,764 | €96,281 | +€83,517 | +654.3% |
| Amounts payable within one year | 42/48 | €12,764 | €96,281 | +€83,517 | +654.3% |
| Trade debts | 44 | €5,084 | €4,597 | -€487 | -9.6% |
| Suppliers | 440/4 | €5,084 | €4,597 | -€487 | -9.6% |
| Taxes, remuneration and social security | 45 | €7,680 | €26,684 | +€19,004 | +247.5% |
| Taxes | 450/3 | €7,680 | €26,684 | +€19,004 | +247.5% |
| Other amounts payable | 47/48 | - | €65,000 | +€65,000 | |
| Turnover | 70 | €165,307 | - | -€165,307 | |
| Non-recurring operating income | 76A | €10,099 | - | -€10,099 | |
| Goods, raw materials, services and sundry goods | 60/61 | €90,721 | - | -€90,721 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,439 | €3,317 | -€122 | -3.5% |
| Other operating charges | 640/8 | €5,752 | €3,392 | -€2,360 | -41.0% |
| Gross operating margin | 9900 | €84,685 | €93,741 | +€9,056 | +10.7% |
| Operating profit (loss) | 9901 | €75,494 | €87,031 | +€11,537 | +15.3% |
| Financial income | 75/76B | €4,776 | €308 | -€4,468 | -93.5% |
| Recurring financial income | 75 | €4,776 | €308 | -€4,468 | -93.5% |
| Non-recurring financial income | 76B | €4,776 | - | -€4,776 | |
| Financial charges | 65/66B | -€340 | - | +€340 | |
| Recurring financial charges | 65 | -€340 | - | +€340 | |
| Profit (loss) for the period before taxes | 9903 | €80,610 | €87,339 | +€6,729 | +8.3% |
| Income taxes | 67/77 | €17,925 | €51,321 | +€33,396 | +186.3% |
| Profit (loss) for the period | 9904 | €62,685 | €36,018 | -€26,666 | -42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €62,685 | €36,018 | -€26,666 | -42.5% |
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 12 October 2026 via checked.be.