PDVT: 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.
PDVT
Largest movements
- Cash +€13,477
up €13,477 (+19.7%), from €68,555 to €82,032
mainly Net result for the year (+€23,659) and Current portion of long-term debt (+€4,166)
- Receivables within one year +€7,919
up €7,919 (+413.7%), from €1,914 to €9,833
of which Trade receivables: +€6,207
- Profit (loss) carried forward +€23,659
up €23,659 (+73.9%), from €32,012 to €55,671
- Tax, wage and social debts -€10,108
down €10,108 (-65.4%), from €15,457 to €5,349
- Current portion of long-term debt +€4,166
up €4,166 (+23.1%), from €18,000 to €22,166
- Trade debts +€3,034
new in 2025: €3,034
- Gross operating margin -€10,029
down €10,029 (-22.1%), from €45,382 to €35,353
- Taxes -€1,732
down €1,732 (-18.6%), from €9,299 to €7,567
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 | €70,469 | €91,865 | +€21,396 | +30.4% |
| Current assets | 29/58 | €70,469 | €91,865 | +€21,396 | +30.4% |
| Amounts receivable within one year | 40/41 | €1,914 | €9,833 | +€7,919 | +413.7% |
| Trade receivables | 40 | - | €6,207 | +€6,207 | |
| Other amounts receivable | 41 | €1,914 | €3,626 | +€1,712 | +89.4% |
| Cash at bank and in hand | 54/58 | €68,555 | €82,032 | +€13,477 | +19.7% |
| Total equity and liabilities | 10/49 | €70,469 | €91,865 | +€21,396 | +30.4% |
| Equity | 10/15 | €37,012 | €60,671 | +€23,659 | +63.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,012 | €55,671 | +€23,659 | +73.9% |
| Amounts payable | 17/49 | €33,457 | €31,194 | -€2,263 | -6.8% |
| Amounts payable within one year | 42/48 | €33,457 | €31,194 | -€2,263 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €18,000 | €22,166 | +€4,166 | +23.1% |
| Trade debts | 44 | - | €3,034 | +€3,034 | |
| Suppliers | 440/4 | - | €3,034 | +€3,034 | |
| Taxes, remuneration and social security | 45 | €15,457 | €5,349 | -€10,108 | -65.4% |
| Taxes | 450/3 | €15,457 | €5,349 | -€10,108 | -65.4% |
| Other amounts payable | 47/48 | - | €645 | +€645 | |
| Remuneration, social security and pensions | 62 | €347 | - | -€347 | |
| Other operating charges | 640/8 | €2,647 | €2,802 | +€155 | +5.9% |
| Gross operating margin | 9900 | €45,382 | €35,353 | -€10,029 | -22.1% |
| Operating profit (loss) | 9901 | €42,388 | €32,551 | -€9,837 | -23.2% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,078 | €1,325 | +€247 | +22.9% |
| Recurring financial charges | 65 | €1,078 | €1,325 | +€247 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | €41,311 | €31,226 | -€10,085 | -24.4% |
| Income taxes | 67/77 | €9,299 | €7,567 | -€1,732 | -18.6% |
| Profit (loss) for the period | 9904 | €32,012 | €23,659 | -€8,353 | -26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,012 | €23,659 | -€8,353 | -26.1% |
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.