DS PLAFOMAR: 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.
DS PLAFOMAR
Largest movements
- Receivables within one year -€67,510
down €67,510 (-51.1%), from €132,092 to €64,582
of which Trade receivables: -€67,996
- Tangible fixed assets +€7,753
up €7,753 (+20.9%), from €37,090 to €44,844
of which Furniture and vehicles: +€8,579
- Trade debts -€63,773
down €63,773 (-81.3%), from €78,428 to €14,656
- Short-term financial debts -€10,304
down €10,304 (-53.5%), from €19,254 to €8,950
- Profit (loss) carried forward +€9,295
up €9,295 (+22.8%), from €40,704 to €49,999
- Tax, wage and social debts +€3,179
up €3,179 (+21.7%), from €14,635 to €17,814
of which Remuneration and social security: +€4,000
- Gross operating margin +€8,170
up €8,170 (+31.5%), from €25,900 to €34,070
- Depreciation +€5,954
up €5,954 (+97.2%), from €6,124 to €12,078
- Financial charges +€2,116
up €2,116 (+82.3%), from €2,571 to €4,687
- Other operating charges +€960
up €960 (+40.8%), from €2,351 to €3,311
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 | €182,514 | €120,358 | -€62,156 | -34.1% |
| Fixed assets | 21/28 | €37,090 | €44,844 | +€7,753 | +20.9% |
| Tangible fixed assets | 22/27 | €37,090 | €44,844 | +€7,753 | +20.9% |
| Plant, machinery and equipment | 23 | €3,425 | €2,600 | -€825 | -24.1% |
| Furniture and vehicles | 24 | €33,665 | €42,244 | +€8,579 | +25.5% |
| Current assets | 29/58 | €145,424 | €75,515 | -€69,909 | -48.1% |
| Stocks and contracts in progress | 3 | €2,850 | €1,760 | -€1,090 | -38.2% |
| Stocks | 30/36 | €2,850 | €1,760 | -€1,090 | -38.2% |
| Amounts receivable within one year | 40/41 | €132,092 | €64,582 | -€67,510 | -51.1% |
| Trade receivables | 40 | €126,970 | €58,974 | -€67,996 | -53.6% |
| Other amounts receivable | 41 | €5,122 | €5,608 | +€486 | +9.5% |
| Cash at bank and in hand | 54/58 | €62 | €374 | +€312 | +505.6% |
| Deferred charges and accrued income | 490/1 | €10,420 | €8,799 | -€1,621 | -15.6% |
| Total equity and liabilities | 10/49 | €182,514 | €120,358 | -€62,156 | -34.1% |
| Equity | 10/15 | €42,704 | €51,999 | +€9,295 | +21.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,704 | €49,999 | +€9,295 | +22.8% |
| Amounts payable | 17/49 | €139,810 | €68,359 | -€71,451 | -51.1% |
| Amounts payable after more than one year | 17 | €17,461 | €19,157 | +€1,696 | +9.7% |
| Financial debts | 170/4 | €17,461 | €19,157 | +€1,696 | +9.7% |
| Amounts payable within one year | 42/48 | €122,349 | €49,202 | -€73,147 | -59.8% |
| Current portion of amounts payable after more than one year | 42 | €9,107 | €7,782 | -€1,325 | -14.5% |
| Financial debts | 43 | €19,254 | €8,950 | -€10,304 | -53.5% |
| Credit institutions | 430/8 | €19,254 | €8,950 | -€10,304 | -53.5% |
| Trade debts | 44 | €78,428 | €14,656 | -€63,773 | -81.3% |
| Suppliers | 440/4 | €78,428 | €14,656 | -€63,773 | -81.3% |
| Taxes, remuneration and social security | 45 | €14,635 | €17,814 | +€3,179 | +21.7% |
| Taxes | 450/3 | €10,735 | €9,914 | -€821 | -7.6% |
| Remuneration and social security | 454/9 | €3,900 | €7,900 | +€4,000 | +102.6% |
| Other amounts payable | 47/48 | €924 | - | -€924 | |
| Non-recurring operating income | 76A | €2,598 | €1,484 | -€1,114 | -42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,124 | €12,078 | +€5,954 | +97.2% |
| Other operating charges | 640/8 | €2,351 | €3,311 | +€960 | +40.8% |
| Gross operating margin | 9900 | €25,900 | €34,070 | +€8,170 | +31.5% |
| Operating profit (loss) | 9901 | €17,425 | €18,681 | +€1,256 | +7.2% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €2,571 | €4,687 | +€2,116 | +82.3% |
| Recurring financial charges | 65 | €2,571 | €4,687 | +€2,116 | +82.3% |
| Profit (loss) for the period before taxes | 9903 | €14,853 | €14,006 | -€847 | -5.7% |
| Income taxes | 67/77 | €4,700 | €4,711 | +€11 | +0.2% |
| Profit (loss) for the period | 9904 | €10,154 | €9,295 | -€858 | -8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,154 | €9,295 | -€858 | -8.5% |
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 11 October 2026 via checked.be.