PVS Avocat: 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.
PVS Avocat
Largest movements
- Intangible fixed assets -€32,000
down €32,000 (-21.4%), from €149,333 to €117,333
- Receivables within one year +€15,268
up €15,268 (+31.5%), from €48,517 to €63,784
of which Trade receivables: +€17,504
- Cash -€12,754
down €12,754 (-100%), from €12,754 to €0
mainly Other debts (-€36,237) and Current portion of long-term debt (-€16,949)
- Other debts -€36,237
down €36,237 (-54.8%), from €66,165 to €29,928
- Reserves +€23,000
up €23,000 (+21.9%), from €105,200 to €128,200
- Current portion of long-term debt -€16,949
down €16,949 (-83.2%), from €20,361 to €3,413
- Debts after one year -€3,412
down €3,412 (-100.0%), from €3,413 to €0
- Short-term financial debts +€2,659
up €2,659 (+10,863%), from €24 to €2,684
- Gross operating margin -€41,891
down €41,891 (-40.0%), from €104,716 to €62,825
- Taxes -€12,859
down €12,859 (-73.9%), from €17,411 to €4,552
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 | €214,392 | €186,286 | -€28,106 | -13.1% |
| Fixed assets | 21/28 | €152,541 | €122,401 | -€30,140 | -19.8% |
| Intangible fixed assets | 21 | €149,333 | €117,333 | -€32,000 | -21.4% |
| Tangible fixed assets | 22/27 | €3,208 | €5,067 | +€1,860 | +58.0% |
| Furniture and vehicles | 24 | €3,208 | €5,067 | +€1,860 | +58.0% |
| Current assets | 29/58 | €61,851 | €63,885 | +€2,035 | +3.3% |
| Amounts receivable within one year | 40/41 | €48,517 | €63,784 | +€15,268 | +31.5% |
| Trade receivables | 40 | €37,744 | €55,248 | +€17,504 | +46.4% |
| Other amounts receivable | 41 | €10,773 | €8,536 | -€2,237 | -20.8% |
| Cash at bank and in hand | 54/58 | €12,754 | €0 | -€12,754 | -100% |
| Deferred charges and accrued income | 490/1 | €580 | €101 | -€479 | -82.6% |
| Total equity and liabilities | 10/49 | €214,392 | €186,286 | -€28,106 | -13.1% |
| Equity | 10/15 | €110,161 | €132,780 | +€22,618 | +20.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €105,200 | €128,200 | +€23,000 | +21.9% |
| Distributable reserves | 133 | €105,200 | €128,200 | +€23,000 | +21.9% |
| Profit (loss) carried forward | 14 | €961 | €580 | -€382 | -39.7% |
| Amounts payable | 17/49 | €104,230 | €53,506 | -€50,724 | -48.7% |
| Amounts payable after more than one year | 17 | €3,413 | €0 | -€3,412 | -100.0% |
| Financial debts | 170/4 | €3,413 | €0 | -€3,412 | -100.0% |
| Amounts payable within one year | 42/48 | €100,818 | €53,506 | -€47,312 | -46.9% |
| Current portion of amounts payable after more than one year | 42 | €20,361 | €3,413 | -€16,949 | -83.2% |
| Financial debts | 43 | €24 | €2,684 | +€2,659 | +10,863% |
| Credit institutions | 430/8 | €24 | €2,684 | +€2,659 | +10,863% |
| Trade debts | 44 | €3,466 | €6,114 | +€2,649 | +76.4% |
| Suppliers | 440/4 | €3,466 | €6,114 | +€2,649 | +76.4% |
| Taxes, remuneration and social security | 45 | €10,802 | €11,367 | +€566 | +5.2% |
| Taxes | 450/3 | €10,802 | €8,911 | -€1,890 | -17.5% |
| Remuneration and social security | 454/9 | - | €2,456 | +€2,456 | |
| Other amounts payable | 47/48 | €66,165 | €29,928 | -€36,237 | -54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,553 | €34,380 | +€828 | +2.5% |
| Other operating charges | 640/8 | €899 | €928 | +€30 | +3.3% |
| Gross operating margin | 9900 | €104,716 | €62,825 | -€41,891 | -40.0% |
| Operating profit (loss) | 9901 | €70,265 | €27,517 | -€42,748 | -60.8% |
| Financial income | 75/76B | €103 | €225 | +€122 | +119% |
| Recurring financial income | 75 | €103 | €225 | +€122 | +119% |
| Financial charges | 65/66B | €538 | €571 | +€33 | +6.0% |
| Recurring financial charges | 65 | €538 | €571 | +€33 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €69,830 | €27,171 | -€42,659 | -61.1% |
| Income taxes | 67/77 | €17,411 | €4,552 | -€12,859 | -73.9% |
| Profit (loss) for the period | 9904 | €52,418 | €22,618 | -€29,800 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,418 | €22,618 | -€29,800 | -56.9% |
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 20 October 2026 via checked.be.