PVV HOLDING: 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.
PVV HOLDING
Largest movements
- Cash -€147,760
down €147,760 (-98.0%), from €150,839 to €3,080
mainly Contributions, distributions and other (-€1.2m) and Trade debts (-€545)
- Profit (loss) carried forward -€754,855
down €754,855 (-25.6%), from €2.9m to €2.2m
- Other debts +€585,000
new in 2025: €585,000
- Financial charges -€4,941
down €4,941 (-91.1%), from €5,421 to €480
- Gross operating margin -€270
down €270 (-1.8%), from -€15,347 to -€15,617
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 | €6,045,549 | €5,897,790 | -€147,760 | -2.4% |
| Fixed assets | 21/28 | €5,894,710 | €5,894,710 | = | 0.0% |
| Financial fixed assets | 28 | €5,894,710 | €5,894,710 | = | 0.0% |
| Current assets | 29/58 | €150,839 | €3,080 | -€147,760 | -98.0% |
| Cash at bank and in hand | 54/58 | €150,839 | €3,080 | -€147,760 | -98.0% |
| Total equity and liabilities | 10/49 | €6,045,549 | €5,897,790 | -€147,760 | -2.4% |
| Equity | 10/15 | €6,045,005 | €5,312,790 | -€732,215 | -12.1% |
| Contributions | 10/11 | €2,940,000 | €2,940,000 | = | 0.0% |
| Capital | 10 | €2,940,000 | €2,940,000 | = | 0.0% |
| Issued capital | 100 | €2,940,000 | €2,940,000 | = | 0.0% |
| Reserves | 13 | €155,250 | €177,889 | +€22,639 | +14.6% |
| Non-distributable reserves | 130/1 | €155,250 | €177,889 | +€22,639 | +14.6% |
| Legal reserve | 130 | €155,250 | €177,889 | +€22,639 | +14.6% |
| Profit (loss) carried forward | 14 | €2,949,755 | €2,194,900 | -€754,855 | -25.6% |
| Amounts payable | 17/49 | €545 | €585,000 | +€584,456 | +107,338% |
| Amounts payable within one year | 42/48 | €545 | €585,000 | +€584,456 | +107,338% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €545 | €0 | -€545 | -100% |
| Suppliers | 440/4 | €545 | €0 | -€545 | -100% |
| Other amounts payable | 47/48 | - | €585,000 | +€585,000 | |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | -€15,347 | -€15,617 | -€270 | -1.8% |
| Operating profit (loss) | 9901 | -€16,433 | -€16,735 | -€303 | -1.8% |
| Financial income | 75/76B | €470,000 | €470,000 | = | 0.0% |
| Recurring financial income | 75 | €470,000 | €470,000 | = | 0.0% |
| Financial charges | 65/66B | €5,421 | €480 | -€4,941 | -91.1% |
| Recurring financial charges | 65 | €5,421 | €480 | -€4,941 | -91.1% |
| Profit (loss) for the period before taxes | 9903 | €448,146 | €452,785 | +€4,639 | +1.0% |
| Profit (loss) for the period | 9904 | €448,146 | €452,785 | +€4,639 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €448,146 | €452,785 | +€4,639 | +1.0% |
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 22 October 2026 via checked.be.