DE PLUIM: 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.
DE PLUIM
Largest movements
- Cash -€60,721
down €60,721 (-26.0%), from €233,730 to €173,009
mainly Contributions, distributions and other (-€52,381) and Trade debts (-€41,260)
- Tangible fixed assets -€12,136
down €12,136 (-18.4%), from €65,955 to €53,819
of which Furniture and vehicles: -€9,581
- Receivables within one year +€8,187
up €8,187 (+57.1%), from €14,327 to €22,514
- Deferred charges and accrued income +€6,290
new in 2025: €6,290
- Stocks and contracts +€5,976
up €5,976 (+31.2%), from €19,180 to €25,155
- Trade debts -€41,260
down €41,260 (-75.4%), from €54,692 to €13,432
- Reserves +€9,933
up €9,933 (+5.0%), from €197,762 to €207,695
of which Distributable reserves: +€9,933
- Current portion of long-term debt -€9,293
down €9,293 (-72.0%), from €12,904 to €3,611
- Other debts -€8,072
no longer reported in 2025 (was €8,072)
- Debts after one year -€3,611
no longer reported in 2025 (was €3,611)
- Staff costs -€26,894
down €26,894 (-6.6%), from €405,542 to €378,648
- Gross operating margin +€21,000
up €21,000 (+4.5%), from €467,785 to €488,785
- Taxes +€15,748
up €15,748 (+107.9%), from €14,596 to €30,344
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 | €333,466 | €281,061 | -€52,405 | -15.7% |
| Fixed assets | 21/28 | €66,229 | €54,092 | -€12,136 | -18.3% |
| Tangible fixed assets | 22/27 | €65,955 | €53,819 | -€12,136 | -18.4% |
| Plant, machinery and equipment | 23 | €18,056 | €15,501 | -€2,555 | -14.2% |
| Furniture and vehicles | 24 | €47,900 | €38,318 | -€9,581 | -20.0% |
| Financial fixed assets | 28 | €273 | €273 | = | 0.0% |
| Current assets | 29/58 | €267,237 | €226,969 | -€40,269 | -15.1% |
| Stocks and contracts in progress | 3 | €19,180 | €25,155 | +€5,976 | +31.2% |
| Stocks | 30/36 | €19,180 | €25,155 | +€5,976 | +31.2% |
| Amounts receivable within one year | 40/41 | €14,327 | €22,514 | +€8,187 | +57.1% |
| Other amounts receivable | 41 | €14,327 | €22,514 | +€8,187 | +57.1% |
| Cash at bank and in hand | 54/58 | €233,730 | €173,009 | -€60,721 | -26.0% |
| Deferred charges and accrued income | 490/1 | - | €6,290 | +€6,290 | |
| Total equity and liabilities | 10/49 | €333,466 | €281,061 | -€52,405 | -15.7% |
| Equity | 10/15 | €216,312 | €226,245 | +€9,933 | +4.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €197,762 | €207,695 | +€9,933 | +5.0% |
| Non-distributable reserves | 130/1 | €59,201 | €59,201 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,338 | €4,338 | = | 0.0% |
| Other | 1319 | €54,863 | €54,863 | = | 0.0% |
| Distributable reserves | 133 | €138,561 | €148,494 | +€9,933 | +7.2% |
| Amounts payable | 17/49 | €117,154 | €54,816 | -€62,338 | -53.2% |
| Amounts payable after more than one year | 17 | €3,611 | - | -€3,611 | |
| Financial debts | 170/4 | €3,611 | - | -€3,611 | |
| Amounts payable within one year | 42/48 | €113,543 | €54,816 | -€58,727 | -51.7% |
| Current portion of amounts payable after more than one year | 42 | €12,904 | €3,611 | -€9,293 | -72.0% |
| Trade debts | 44 | €54,692 | €13,432 | -€41,260 | -75.4% |
| Suppliers | 440/4 | €54,692 | €13,432 | -€41,260 | -75.4% |
| Taxes, remuneration and social security | 45 | €37,875 | €37,773 | -€102 | -0.3% |
| Taxes | 450/3 | €16,520 | €8,861 | -€7,659 | -46.4% |
| Remuneration and social security | 454/9 | €21,355 | €28,911 | +€7,557 | +35.4% |
| Other amounts payable | 47/48 | €8,072 | - | -€8,072 | |
| Remuneration, social security and pensions | 62 | €405,542 | €378,648 | -€26,894 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,542 | €14,359 | -€183 | -1.3% |
| Other operating charges | 640/8 | €866 | €2,710 | +€1,844 | +212.9% |
| Gross operating margin | 9900 | €467,785 | €488,785 | +€21,000 | +4.5% |
| Operating profit (loss) | 9901 | €46,836 | €93,068 | +€46,232 | +98.7% |
| Financial income | 75/76B | €4,558 | €2,551 | -€2,007 | -44.0% |
| Recurring financial income | 75 | €4,558 | €2,551 | -€2,007 | -44.0% |
| Financial charges | 65/66B | €2,371 | €2,961 | +€590 | +24.9% |
| Recurring financial charges | 65 | €2,371 | €2,961 | +€590 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €49,023 | €92,658 | +€43,635 | +89.0% |
| Income taxes | 67/77 | €14,596 | €30,344 | +€15,748 | +107.9% |
| Profit (loss) for the period | 9904 | €34,426 | €62,314 | +€27,887 | +81.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,426 | €62,314 | +€27,887 | +81.0% |
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.