PVPO-Consulting: what changed
PVPO-Consulting
Largest movements
- Cash -€10,581
down €10,581 (-21.7%), from €48,845 to €38,264
mainly Receivables within one year (-€8,273) and Tax, wage and social debts (-€4,789)
- Receivables within one year +€8,273
new in 2025: €8,273
- Tangible fixed assets -€907
down €907 (-8.2%), from €11,062 to €10,155
of which Furniture and vehicles: -€2,273
- Tax, wage and social debts -€4,789
down €4,789 (-63.3%), from €7,561 to €2,772
- Other debts -€3,158
down €3,158 (-10.6%), from €29,682 to €26,523
- Reserves +€2,788
up €2,788 (+15.4%), from €18,075 to €20,863
- Trade debts +€2,142
up €2,142 (+488%), from €439 to €2,581
- Gross operating margin -€9,537
down €9,537 (-52.9%), from €18,031 to €8,494
- Depreciation -€4,451
down €4,451 (-55.2%), from €8,056 to €3,606
- Taxes -€1,636
down €1,636 (-59.7%), from €2,741 to €1,105
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,757 | €57,739 | -€3,018 | -5.0% |
| Fixed assets | 21/28 | €11,062 | €10,155 | -€907 | -8.2% |
| Tangible fixed assets | 22/27 | €11,062 | €10,155 | -€907 | -8.2% |
| Plant, machinery and equipment | 23 | - | €1,366 | +€1,366 | |
| Furniture and vehicles | 24 | €11,062 | €8,789 | -€2,273 | -20.5% |
| Current assets | 29/58 | €49,695 | €47,584 | -€2,111 | -4.2% |
| Stocks and contracts in progress | 3 | - | €240 | +€240 | |
| Stocks | 30/36 | - | €240 | +€240 | |
| Amounts receivable within one year | 40/41 | - | €8,273 | +€8,273 | |
| Trade receivables | 40 | - | €8,273 | +€8,273 | |
| Cash at bank and in hand | 54/58 | €48,845 | €38,264 | -€10,581 | -21.7% |
| Deferred charges and accrued income | 490/1 | €850 | €806 | -€44 | -5.2% |
| Total equity and liabilities | 10/49 | €60,757 | €57,739 | -€3,018 | -5.0% |
| Equity | 10/15 | €23,075 | €25,863 | +€2,788 | +12.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €18,075 | €20,863 | +€2,788 | +15.4% |
| Distributable reserves | 133 | €18,075 | €20,863 | +€2,788 | +15.4% |
| Amounts payable | 17/49 | €37,682 | €31,876 | -€5,806 | -15.4% |
| Amounts payable within one year | 42/48 | €37,682 | €31,876 | -€5,806 | -15.4% |
| Trade debts | 44 | €439 | €2,581 | +€2,142 | +488% |
| Suppliers | 440/4 | €439 | €2,581 | +€2,142 | +488% |
| Taxes, remuneration and social security | 45 | €7,561 | €2,772 | -€4,789 | -63.3% |
| Taxes | 450/3 | €7,561 | €2,772 | -€4,789 | -63.3% |
| Other amounts payable | 47/48 | €29,682 | €26,523 | -€3,158 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,056 | €3,606 | -€4,451 | -55.2% |
| Other operating charges | 640/8 | €753 | €769 | +€16 | +2.1% |
| Gross operating margin | 9900 | €18,031 | €8,494 | -€9,537 | -52.9% |
| Operating profit (loss) | 9901 | €9,222 | €4,120 | -€5,102 | -55.3% |
| Financial charges | 65/66B | €201 | €227 | +€26 | +13.1% |
| Recurring financial charges | 65 | €201 | €227 | +€26 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €9,021 | €3,893 | -€5,128 | -56.8% |
| Income taxes | 67/77 | €2,741 | €1,105 | -€1,636 | -59.7% |
| Profit (loss) for the period | 9904 | €6,280 | €2,788 | -€3,492 | -55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,280 | €2,788 | -€3,492 | -55.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.