Bureau Michaël Plainchamp: 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.
Bureau Michaël Plainchamp
Largest movements
- Cash +€107,893
up €107,893 (+353%), from €30,576 to €138,469
mainly Other debts (+€133,904) and Current investments (+€42,546)
- Current investments -€42,546
down €42,546 (-12.8%), from €333,498 to €290,951
- Receivables within one year -€11,792
down €11,792 (-13.3%), from €88,563 to €76,771
of which Trade receivables: -€14,191
- Tangible fixed assets -€9,922
down €9,922 (-25.1%), from €39,560 to €29,638
of which Furniture and vehicles: -€7,394
- Other debts +€133,904
up €133,904 (+43.0%), from €311,273 to €445,177
- Reserves -€97,671
down €97,671 (-81.5%), from €119,894 to €22,223
- Accrued charges and deferred income +€6,260
up €6,260 (+38.4%), from €16,292 to €22,552
- Gross operating margin -€10,073
down €10,073 (-23.8%), from €42,412 to €32,339
- Financial income +€7,745
up €7,745 (+161%), from €4,807 to €12,551
- Financial charges +€4,691
up €4,691 (+20.5%), from €22,844 to €27,536
- Taxes -€3,841
down €3,841 (-44.5%), from €8,622 to €4,782
- Depreciation +€3,383
up €3,383 (+46.5%), from €7,277 to €10,660
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 | €492,757 | €536,651 | +€43,893 | +8.9% |
| Fixed assets | 21/28 | €39,560 | €29,638 | -€9,922 | -25.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €39,560 | €29,638 | -€9,922 | -25.1% |
| Plant, machinery and equipment | 23 | €8,224 | €5,696 | -€2,527 | -30.7% |
| Furniture and vehicles | 24 | €31,336 | €23,942 | -€7,394 | -23.6% |
| Current assets | 29/58 | €453,197 | €507,013 | +€53,815 | +11.9% |
| Amounts receivable within one year | 40/41 | €88,563 | €76,771 | -€11,792 | -13.3% |
| Trade receivables | 40 | €80,499 | €66,308 | -€14,191 | -17.6% |
| Other amounts receivable | 41 | €8,064 | €10,463 | +€2,398 | +29.7% |
| Current investments | 50/53 | €333,498 | €290,951 | -€42,546 | -12.8% |
| Cash at bank and in hand | 54/58 | €30,576 | €138,469 | +€107,893 | +353% |
| Deferred charges and accrued income | 490/1 | €561 | €821 | +€260 | +46.4% |
| Total equity and liabilities | 10/49 | €492,757 | €536,651 | +€43,893 | +8.9% |
| Equity | 10/15 | €154,005 | €56,565 | -€97,440 | -63.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €119,894 | €22,223 | -€97,671 | -81.5% |
| Distributable reserves | 133 | €119,894 | €22,223 | -€97,671 | -81.5% |
| Profit (loss) carried forward | 14 | €27,911 | €28,142 | +€231 | +0.8% |
| Amounts payable | 17/49 | €338,753 | €480,086 | +€141,334 | +41.7% |
| Amounts payable within one year | 42/48 | €322,461 | €457,534 | +€135,073 | +41.9% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €11,188 | €12,357 | +€1,169 | +10.5% |
| Taxes | 450/3 | €11,188 | €12,357 | +€1,169 | +10.5% |
| Other amounts payable | 47/48 | €311,273 | €445,177 | +€133,904 | +43.0% |
| Accrued charges and deferred income | 492/3 | €16,292 | €22,552 | +€6,260 | +38.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,277 | €10,660 | +€3,383 | +46.5% |
| Other operating charges | 640/8 | €1,401 | €1,682 | +€281 | +20.0% |
| Non-recurring operating charges | 66A | €833 | - | -€833 | |
| Gross operating margin | 9900 | €42,412 | €32,339 | -€10,073 | -23.8% |
| Operating profit (loss) | 9901 | €32,901 | €19,997 | -€12,904 | -39.2% |
| Financial income | 75/76B | €4,807 | €12,551 | +€7,745 | +161% |
| Recurring financial income | 75 | €4,807 | €12,551 | +€7,745 | +161% |
| Financial charges | 65/66B | €22,844 | €27,536 | +€4,691 | +20.5% |
| Recurring financial charges | 65 | €22,844 | €27,536 | +€4,691 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | €14,863 | €5,013 | -€9,851 | -66.3% |
| Income taxes | 67/77 | €8,622 | €4,782 | -€3,841 | -44.5% |
| Profit (loss) for the period | 9904 | €6,241 | €231 | -€6,010 | -96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,241 | €231 | -€6,010 | -96.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.