ENG - PLASTICS: 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.
ENG - PLASTICS
Largest movements
- Current investments +€1.3m
new in 2024: €1.3m
- Receivables within one year -€686,869
down €686,869 (-64.4%), from €1.1m to €380,227
of which Other amounts receivable: -€895,266
- Stocks and contracts -€617,448
down €617,448 (-12.5%), from €4.9m to €4.3m
- Cash -€614,247
down €614,247 (-34.6%), from €1.8m to €1.2m
mainly Current investments (-€1.3m) and Net result for the year (-€405,234)
- Profit (loss) carried forward -€405,234
down €405,234 (-32.8%), from €1.2m to €831,876
- Other debts -€240,974
down €240,974 (-3.5%), from €6.8m to €6.6m
- Trade debts -€99,645
down €99,645 (-25.1%), from €396,412 to €296,767
- Gross operating margin +€179,958
up €179,958 (+33.0%), from -€545,230 to -€365,272
- Financial income +€48,807
up €48,807 (+166.3%), from €29,349 to €78,156
- Other operating charges +€20,323
up €20,323 (+596.3%), from €3,408 to €23,731
- Depreciation +€7,522
up €7,522 (+11.9%), from €63,274 to €70,796
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,536,536 | €7,803,097 | -€733,439 | -8.6% |
| Fixed assets | 21/28 | €756,997 | €696,045 | -€60,952 | -8.1% |
| Tangible fixed assets | 22/27 | €756,997 | €696,045 | -€60,952 | -8.1% |
| Land and buildings | 22 | €659,661 | €618,334 | -€41,327 | -6.3% |
| Plant, machinery and equipment | 23 | €44,336 | €24,711 | -€19,625 | -44.3% |
| Other tangible fixed assets | 26 | €53,000 | €53,000 | = | 0.0% |
| Current assets | 29/58 | €7,779,539 | €7,107,052 | -€672,487 | -8.6% |
| Stocks and contracts in progress | 3 | €4,935,216 | €4,317,768 | -€617,448 | -12.5% |
| Stocks | 30/36 | €4,935,216 | €4,317,768 | -€617,448 | -12.5% |
| Amounts receivable within one year | 40/41 | €1,067,096 | €380,227 | -€686,869 | -64.4% |
| Trade receivables | 40 | €153,830 | €362,227 | +€208,397 | +135.5% |
| Other amounts receivable | 41 | €913,266 | €18,000 | -€895,266 | -98.0% |
| Current investments | 50/53 | - | €1,250,000 | +€1.3m | |
| Cash at bank and in hand | 54/58 | €1,773,009 | €1,158,762 | -€614,247 | -34.6% |
| Deferred charges and accrued income | 490/1 | €4,218 | €295 | -€3,923 | -93.0% |
| Total equity and liabilities | 10/49 | €8,536,536 | €7,803,097 | -€733,439 | -8.6% |
| Equity | 10/15 | €1,322,758 | €923,118 | -€399,640 | -30.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €23,648 | €29,242 | +€5,594 | +23.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €17,448 | €23,042 | +€5,594 | +32.1% |
| Profit (loss) carried forward | 14 | €1,237,110 | €831,876 | -€405,234 | -32.8% |
| Amounts payable | 17/49 | €7,213,778 | €6,879,979 | -€333,799 | -4.6% |
| Amounts payable within one year | 42/48 | €7,213,778 | €6,879,979 | -€333,799 | -4.6% |
| Trade debts | 44 | €396,412 | €296,767 | -€99,645 | -25.1% |
| Suppliers | 440/4 | €396,412 | €296,767 | -€99,645 | -25.1% |
| Taxes, remuneration and social security | 45 | €2,180 | €9,000 | +€6,820 | +312.8% |
| Taxes | 450/3 | - | €9,000 | +€9,000 | |
| Remuneration and social security | 454/9 | €2,180 | - | -€2,180 | |
| Other amounts payable | 47/48 | €6,815,186 | €6,574,212 | -€240,974 | -3.5% |
| Remuneration, social security and pensions | 62 | €24,847 | €21,065 | -€3,782 | -15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,274 | €70,796 | +€7,522 | +11.9% |
| Other operating charges | 640/8 | €3,408 | €23,731 | +€20,323 | +596.3% |
| Gross operating margin | 9900 | -€545,230 | -€365,272 | +€179,958 | +33.0% |
| Operating profit (loss) | 9901 | -€636,759 | -€480,864 | +€155,895 | +24.5% |
| Financial income | 75/76B | €29,349 | €78,156 | +€48,807 | +166.3% |
| Recurring financial income | 75 | €29,349 | €78,156 | +€48,807 | +166.3% |
| Financial charges | 65/66B | €825 | €2,526 | +€1,701 | +206.2% |
| Recurring financial charges | 65 | €825 | €2,526 | +€1,701 | +206.2% |
| Profit (loss) for the period before taxes | 9903 | -€608,235 | -€405,234 | +€203,001 | +33.4% |
| Profit (loss) for the period | 9904 | -€608,235 | -€405,234 | +€203,001 | +33.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€608,235 | -€405,234 | +€203,001 | +33.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.