EXPRESS PLANTIN: 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.
EXPRESS PLANTIN
Largest movements
- Cash -€86,991
down €86,991 (-42.7%), from €203,902 to €116,911
mainly Net result for the year (-€70,066) and Debts after one year (-€51,338)
- Tangible fixed assets -€36,498
down €36,498 (-16.4%), from €222,984 to €186,485
of which Other tangible fixed assets: -€20,420
- Receivables within one year +€21,381
up €21,381 (+10.3%), from €207,440 to €228,821
of which Trade receivables: +€20,787
- Stocks and contracts +€19,500
up €19,500 (+15.7%), from €124,067 to €143,567
- Profit (loss) carried forward -€70,066
down €70,066 (-39.9%), from €175,472 to €105,407
- Debts after one year -€51,338
down €51,338 (-39.5%), from €130,101 to €78,763
- Short-term financial debts +€20,000
new in 2025: €20,000
- Trade debts +€12,880
up €12,880 (+4.1%), from €317,288 to €330,168
- Gross operating margin -€131,161
down €131,161 (-55.8%), from €235,000 to €103,839
- Taxes -€17,106
down €17,106, from €17,100 to -€6
- Staff costs -€5,947
down €5,947 (-4.5%), from €131,761 to €125,814
- Financial income -€4,868
down €4,868 (-93.9%), from €5,186 to €318
- Financial charges +€2,875
up €2,875 (+37.3%), from €7,699 to €10,574
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 | €769,207 | €681,322 | -€87,885 | -11.4% |
| Fixed assets | 21/28 | €222,984 | €186,485 | -€36,498 | -16.4% |
| Tangible fixed assets | 22/27 | €222,984 | €186,485 | -€36,498 | -16.4% |
| Land and buildings | 22 | €893 | €0 | -€893 | -100% |
| Plant, machinery and equipment | 23 | €79,075 | €66,913 | -€12,162 | -15.4% |
| Furniture and vehicles | 24 | €10,044 | €7,021 | -€3,023 | -30.1% |
| Other tangible fixed assets | 26 | €132,971 | €112,551 | -€20,420 | -15.4% |
| Current assets | 29/58 | €546,223 | €494,837 | -€51,387 | -9.4% |
| Stocks and contracts in progress | 3 | €124,067 | €143,567 | +€19,500 | +15.7% |
| Stocks | 30/36 | €124,067 | €143,567 | +€19,500 | +15.7% |
| Amounts receivable within one year | 40/41 | €207,440 | €228,821 | +€21,381 | +10.3% |
| Trade receivables | 40 | - | €20,787 | +€20,787 | |
| Other amounts receivable | 41 | €207,440 | €208,033 | +€593 | +0.3% |
| Cash at bank and in hand | 54/58 | €203,902 | €116,911 | -€86,991 | -42.7% |
| Deferred charges and accrued income | 490/1 | €10,815 | €5,538 | -€5,277 | -48.8% |
| Total equity and liabilities | 10/49 | €769,207 | €681,322 | -€87,885 | -11.4% |
| Equity | 10/15 | €244,225 | €174,159 | -€70,066 | -28.7% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Reserves | 13 | €153 | €153 | = | 0.0% |
| Tax-exempt reserves | 132 | €153 | €153 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,472 | €105,407 | -€70,066 | -39.9% |
| Amounts payable | 17/49 | €524,982 | €507,163 | -€17,819 | -3.4% |
| Amounts payable after more than one year | 17 | €130,101 | €78,763 | -€51,338 | -39.5% |
| Financial debts | 170/4 | €130,101 | €78,763 | -€51,338 | -39.5% |
| Amounts payable within one year | 42/48 | €390,068 | €424,875 | +€34,806 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €50,420 | €51,338 | +€917 | +1.8% |
| Financial debts | 43 | - | €20,000 | +€20,000 | |
| Credit institutions | 430/8 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €317,288 | €330,168 | +€12,880 | +4.1% |
| Suppliers | 440/4 | €317,288 | €330,168 | +€12,880 | +4.1% |
| Taxes, remuneration and social security | 45 | €22,360 | €23,369 | +€1,009 | +4.5% |
| Taxes | 450/3 | €7,395 | €7,095 | -€300 | -4.1% |
| Remuneration and social security | 454/9 | €14,965 | €16,275 | +€1,309 | +8.7% |
| Accrued charges and deferred income | 492/3 | €4,813 | €3,525 | -€1,288 | -26.8% |
| Remuneration, social security and pensions | 62 | €131,761 | €125,814 | -€5,947 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,354 | €36,498 | +€144 | +0.4% |
| Other operating charges | 640/8 | €1,757 | €1,341 | -€416 | -23.7% |
| Gross operating margin | 9900 | €235,000 | €103,839 | -€131,161 | -55.8% |
| Operating profit (loss) | 9901 | €65,127 | -€59,814 | -€124,941 | |
| Financial income | 75/76B | €5,186 | €318 | -€4,868 | -93.9% |
| Recurring financial income | 75 | €5,186 | €318 | -€4,868 | -93.9% |
| Financial charges | 65/66B | €7,699 | €10,574 | +€2,875 | +37.3% |
| Recurring financial charges | 65 | €7,699 | €10,574 | +€2,875 | +37.3% |
| Profit (loss) for the period before taxes | 9903 | €62,613 | -€70,071 | -€132,684 | |
| Income taxes | 67/77 | €17,100 | -€6 | -€17,106 | |
| Profit (loss) for the period | 9904 | €45,513 | -€70,066 | -€115,579 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,513 | -€70,066 | -€115,579 |
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 23 October 2026 via checked.be.