PVT & Co: 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.
PVT & Co
Largest movements
- Receivables within one year +€2,692
up €2,692 (+58.1%), from €4,630 to €7,322
of which Trade receivables: +€2,895
- Tangible fixed assets +€1,154
new in 2025: €1,154
- Cash +€122
up €122 (+9.0%), from €1,361 to €1,483
mainly Net result for the year (+€29,969) and Trade debts (+€203)
- Profit (loss) carried forward +€29,969
up €29,969 (+72.9%), from -€41,092 to -€11,123
- Other debts -€25,294
down €25,294 (-68.5%), from €36,908 to €11,614
- Tax, wage and social debts -€910
down €910 (-43.0%), from €2,115 to €1,205
- Trade debts +€203
new in 2025: €203
- Gross operating margin +€13,225
up €13,225 (+75.7%), from €17,480 to €30,705
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 | €5,991 | €9,959 | +€3,968 | +66.2% |
| Fixed assets | 21/28 | - | €1,154 | +€1,154 | |
| Tangible fixed assets | 22/27 | - | €1,154 | +€1,154 | |
| Furniture and vehicles | 24 | - | €1,154 | +€1,154 | |
| Current assets | 29/58 | €5,991 | €8,805 | +€2,814 | +47.0% |
| Amounts receivable within one year | 40/41 | €4,630 | €7,322 | +€2,692 | +58.1% |
| Trade receivables | 40 | €4,166 | €7,061 | +€2,895 | +69.5% |
| Other amounts receivable | 41 | €463 | €260 | -€203 | -43.8% |
| Cash at bank and in hand | 54/58 | €1,361 | €1,483 | +€122 | +9.0% |
| Total equity and liabilities | 10/49 | €5,991 | €9,959 | +€3,968 | +66.2% |
| Equity | 10/15 | -€33,032 | -€3,063 | +€29,969 | +90.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,092 | -€11,123 | +€29,969 | +72.9% |
| Amounts payable | 17/49 | €39,023 | €13,022 | -€26,001 | -66.6% |
| Amounts payable within one year | 42/48 | €39,023 | €13,022 | -€26,001 | -66.6% |
| Trade debts | 44 | - | €203 | +€203 | |
| Suppliers | 440/4 | - | €203 | +€203 | |
| Taxes, remuneration and social security | 45 | €2,115 | €1,205 | -€910 | -43.0% |
| Taxes | 450/3 | €2,115 | €1,205 | -€910 | -43.0% |
| Other amounts payable | 47/48 | €36,908 | €11,614 | -€25,294 | -68.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €86 | +€86 | |
| Other operating charges | 640/8 | €555 | €520 | -€36 | -6.4% |
| Gross operating margin | 9900 | €17,480 | €30,705 | +€13,225 | +75.7% |
| Operating profit (loss) | 9901 | €16,925 | €30,100 | +€13,175 | +77.8% |
| Financial charges | 65/66B | €117 | €131 | +€14 | +11.9% |
| Recurring financial charges | 65 | €117 | €131 | +€14 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €16,808 | €29,969 | +€13,161 | +78.3% |
| Income taxes | 67/77 | €272 | - | -€272 | |
| Profit (loss) for the period | 9904 | €16,536 | €29,969 | +€13,433 | +81.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,536 | €29,969 | +€13,433 | +81.2% |
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 9 October 2026 via checked.be.