DR. PLASMANS: 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.
DR. PLASMANS
Largest movements
- Cash +€91,422
up €91,422 (+24.8%), from €369,017 to €460,439
mainly Other debts (+€186,386) and Net result for the year (+€95,956)
- Receivables within one year -€16,685
down €16,685 (-26.2%), from €63,661 to €46,976
of which Trade receivables: -€16,685
- Tangible fixed assets -€15,577
down €15,577 (-56.9%), from €27,383 to €11,806
- Other debts +€186,386
up €186,386 (+350.1%), from €53,239 to €239,624
- Reserves -€155,895
down €155,895 (-40.3%), from €386,735 to €230,840
- Tax, wage and social debts +€28,713
up €28,713 (+367.8%), from €7,807 to €36,519
of which Taxes: +€25,713
- Gross operating margin +€37,055
up €37,055 (+30.8%), from €120,474 to €157,530
- Taxes +€12,272
up €12,272 (+39.1%), from €31,371 to €43,643
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 | €460,402 | €519,618 | +€59,216 | +12.9% |
| Fixed assets | 21/28 | €27,383 | €11,806 | -€15,577 | -56.9% |
| Tangible fixed assets | 22/27 | €27,383 | €11,806 | -€15,577 | -56.9% |
| Furniture and vehicles | 24 | €27,383 | €11,806 | -€15,577 | -56.9% |
| Current assets | 29/58 | €433,019 | €507,812 | +€74,793 | +17.3% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €63,661 | €46,976 | -€16,685 | -26.2% |
| Trade receivables | 40 | €63,661 | €46,976 | -€16,685 | -26.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €369,017 | €460,439 | +€91,422 | +24.8% |
| Deferred charges and accrued income | 490/1 | €341 | €397 | +€56 | +16.6% |
| Total equity and liabilities | 10/49 | €460,402 | €519,618 | +€59,216 | +12.9% |
| Equity | 10/15 | €399,135 | €243,240 | -€155,895 | -39.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €386,735 | €230,840 | -€155,895 | -40.3% |
| Distributable reserves | 133 | €386,735 | €230,840 | -€155,895 | -40.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €61,266 | €276,378 | +€215,112 | +351.1% |
| Amounts payable within one year | 42/48 | €61,266 | €276,378 | +€215,112 | +351.1% |
| Trade debts | 44 | €221 | €234 | +€13 | +6.0% |
| Suppliers | 440/4 | €221 | €234 | +€13 | +6.0% |
| Taxes, remuneration and social security | 45 | €7,807 | €36,519 | +€28,713 | +367.8% |
| Taxes | 450/3 | €7,807 | €33,519 | +€25,713 | +329.4% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €53,239 | €239,624 | +€186,386 | +350.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,577 | €15,577 | = | 0.0% |
| Other operating charges | 640/8 | €3,288 | €2,282 | -€1,007 | -30.6% |
| Gross operating margin | 9900 | €120,474 | €157,530 | +€37,055 | +30.8% |
| Operating profit (loss) | 9901 | €101,609 | €139,671 | +€38,062 | +37.5% |
| Financial income | 75/76B | €8 | €0 | -€8 | -100.0% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -100.0% |
| Financial charges | 65/66B | €449 | €72 | -€376 | -83.9% |
| Recurring financial charges | 65 | €449 | €72 | -€376 | -83.9% |
| Profit (loss) for the period before taxes | 9903 | €101,168 | €139,599 | +€38,431 | +38.0% |
| Income taxes | 67/77 | €31,371 | €43,643 | +€12,272 | +39.1% |
| Profit (loss) for the period | 9904 | €69,797 | €95,956 | +€26,159 | +37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €69,797 | €95,956 | +€26,159 | +37.5% |
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 3 October 2026 via checked.be.