PVU Consultancy: what changed
Two fiscal 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.
PVU Consultancy
Largest movements
- Cash -€22,134
down €22,134 (-47.3%), from €46,823 to €24,688
mainly Investment in fixed assets (net) (-€24,928) and Receivables within one year (-€1,884)
- Tangible fixed assets +€21,016
up €21,016 (+924.3%), from €2,274 to €23,289
- Receivables within one year +€1,884
up €1,884 (+457.5%), from €412 to €2,296
of which Trade receivables: +€2,152
- Reserves +€34,094
new in 2025: €34,094
- Profit (loss) carried forward -€32,125
down €32,125 (-100.0%), from €32,125 to €0
- Trade debts -€1,868
down €1,868 (-60.5%), from €3,089 to €1,221
- Other debts +€1,271
up €1,271 (+21.4%), from €5,946 to €7,216
- Tax, wage and social debts -€606
down €606 (-71.4%), from €849 to €243
of which Remuneration and social security: -€611
- Gross operating margin +€35,741
up €35,741, from -€28,566 to €7,175
- Depreciation +€3,073
up €3,073 (+366.3%), from €839 to €3,912
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 | €49,508 | €50,274 | +€766 | +1.5% |
| Fixed assets | 21/28 | €2,274 | €23,289 | +€21,016 | +924.3% |
| Tangible fixed assets | 22/27 | €2,274 | €23,289 | +€21,016 | +924.3% |
| Furniture and vehicles | 24 | €2,274 | €23,289 | +€21,016 | +924.3% |
| Current assets | 29/58 | €47,234 | €26,984 | -€20,250 | -42.9% |
| Amounts receivable within one year | 40/41 | €412 | €2,296 | +€1,884 | +457.5% |
| Trade receivables | 40 | - | €2,152 | +€2,152 | |
| Other amounts receivable | 41 | €412 | €144 | -€268 | -65.0% |
| Cash at bank and in hand | 54/58 | €46,823 | €24,688 | -€22,134 | -47.3% |
| Total equity and liabilities | 10/49 | €49,508 | €50,274 | +€766 | +1.5% |
| Equity | 10/15 | €34,625 | €36,594 | +€1,968 | +5.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €34,094 | +€34,094 | |
| Distributable reserves | 133 | - | €34,094 | +€34,094 | |
| Profit (loss) carried forward | 14 | €32,125 | €0 | -€32,125 | -100.0% |
| Amounts payable | 17/49 | €14,883 | €13,680 | -€1,203 | -8.1% |
| Amounts payable within one year | 42/48 | €14,883 | €13,680 | -€1,203 | -8.1% |
| Trade debts | 44 | €3,089 | €1,221 | -€1,868 | -60.5% |
| Suppliers | 440/4 | €3,089 | €1,221 | -€1,868 | -60.5% |
| Advances received on contracts in progress | 46 | €5,000 | €5,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €849 | €243 | -€606 | -71.4% |
| Taxes | 450/3 | €238 | €243 | +€5 | +2.1% |
| Remuneration and social security | 454/9 | €611 | €0 | -€611 | -100.0% |
| Other amounts payable | 47/48 | €5,946 | €7,216 | +€1,271 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €839 | €3,912 | +€3,073 | +366.3% |
| Other operating charges | 640/8 | €643 | €860 | +€216 | +33.6% |
| Gross operating margin | 9900 | -€28,566 | €7,175 | +€35,741 | |
| Operating profit (loss) | 9901 | -€30,048 | €2,403 | +€32,451 | |
| Financial charges | 65/66B | €279 | €192 | -€87 | -31.2% |
| Recurring financial charges | 65 | €279 | €192 | -€87 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | -€30,327 | €2,211 | +€32,538 | |
| Income taxes | 67/77 | €238 | €243 | +€5 | +2.1% |
| Profit (loss) for the period | 9904 | -€30,565 | €1,968 | +€32,533 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,565 | €1,968 | +€32,533 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.