AF PLASTIC: 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.
AF PLASTIC
Largest movements
- Cash +€173,632
up €173,632 (+73.6%), from €235,924 to €409,556
mainly Net result for the year (+€278,107) and Tax, wage and social debts (+€80,088)
- Current investments +€150,000
new in 2025: €150,000
- Deferred charges and accrued income +€42,028
new in 2025: €42,028
- Receivables within one year -€15,715
down €15,715 (-77.2%), from €20,361 to €4,646
of which Trade receivables: -€15,511
- Tangible fixed assets +€13,612
up €13,612 (+312.6%), from €4,355 to €17,967
- Profit (loss) carried forward +€278,107
up €278,107 (+116.4%), from €238,976 to €517,084
- Tax, wage and social debts +€80,088
up €80,088 (+833.8%), from €9,605 to €89,693
- Gross operating margin +€175,222
up €175,222 (+90.5%), from €193,602 to €368,824
- Taxes +€45,347
up €45,347 (+103.1%), from €43,965 to €89,312
- Financial income +€4,606
new in 2025: €4,606
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 | €260,639 | €624,196 | +€363,557 | +139.5% |
| Fixed assets | 21/28 | €4,355 | €17,967 | +€13,612 | +312.6% |
| Tangible fixed assets | 22/27 | €4,355 | €17,967 | +€13,612 | +312.6% |
| Furniture and vehicles | 24 | €4,355 | €17,967 | +€13,612 | +312.6% |
| Current assets | 29/58 | €256,284 | €606,229 | +€349,945 | +136.5% |
| Amounts receivable within one year | 40/41 | €20,361 | €4,646 | -€15,715 | -77.2% |
| Trade receivables | 40 | €20,157 | €4,646 | -€15,511 | -77.0% |
| Other amounts receivable | 41 | €203 | - | -€203 | |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €235,924 | €409,556 | +€173,632 | +73.6% |
| Deferred charges and accrued income | 490/1 | - | €42,028 | +€42,028 | |
| Total equity and liabilities | 10/49 | €260,639 | €624,196 | +€363,557 | +139.5% |
| Equity | 10/15 | €241,976 | €520,084 | +€278,107 | +114.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €238,976 | €517,084 | +€278,107 | +116.4% |
| Amounts payable | 17/49 | €18,663 | €104,112 | +€85,450 | +457.9% |
| Amounts payable within one year | 42/48 | €18,663 | €103,914 | +€85,252 | +456.8% |
| Trade debts | 44 | €4,462 | €9,793 | +€5,331 | +119.5% |
| Suppliers | 440/4 | €4,462 | €9,793 | +€5,331 | +119.5% |
| Taxes, remuneration and social security | 45 | €9,605 | €89,693 | +€80,088 | +833.8% |
| Taxes | 450/3 | €9,605 | €89,693 | +€80,088 | +833.8% |
| Other amounts payable | 47/48 | €4,595 | €4,428 | -€167 | -3.6% |
| Accrued charges and deferred income | 492/3 | - | €198 | +€198 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €684 | €4,217 | +€3,533 | +516.4% |
| Other operating charges | 640/8 | - | €1,614 | +€1,614 | |
| Gross operating margin | 9900 | €193,602 | €368,824 | +€175,222 | +90.5% |
| Operating profit (loss) | 9901 | €192,918 | €362,994 | +€170,076 | +88.2% |
| Financial income | 75/76B | - | €4,606 | +€4,606 | |
| Recurring financial income | 75 | - | €4,606 | +€4,606 | |
| Financial charges | 65/66B | €106 | €180 | +€74 | +69.8% |
| Recurring financial charges | 65 | €106 | €180 | +€74 | +69.8% |
| Profit (loss) for the period before taxes | 9903 | €192,812 | €367,419 | +€174,607 | +90.6% |
| Income taxes | 67/77 | €43,965 | €89,312 | +€45,347 | +103.1% |
| Profit (loss) for the period | 9904 | €148,847 | €278,107 | +€129,261 | +86.8% |
| Profit (loss) for the period to be appropriated | 9905 | €148,847 | €278,107 | +€129,261 | +86.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.