J. PLASKIE: 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.
J. PLASKIE
Largest movements
- Receivables after one year +€59,500
up €59,500 (+172.5%), from €34,500 to €94,000
- Receivables within one year -€40,407
down €40,407 (-78.1%), from €51,715 to €11,308
of which Other amounts receivable: -€33,747
- Tangible fixed assets -€29,198
no longer reported in 2025 (was €29,198)
of which Other tangible fixed assets: -€15,796
- Cash +€4,865
up €4,865 (+130.5%), from €3,728 to €8,593
mainly Receivables within one year (+€40,407) and Investment in fixed assets (net) (+€29,243)
- Debts after one year -€14,693
no longer reported in 2025 (was €14,693)
- Reserves +€14,341
up €14,341 (+18.6%), from €76,915 to €91,256
of which Distributable reserves: +€14,341
- Profit (loss) carried forward +€10,402
no longer reported in 2025 (was -€10,402)
- Current portion of long-term debt -€6,003
no longer reported in 2025 (was €6,003)
- Tax, wage and social debts -€5,707
down €5,707 (-69.3%), from €8,236 to €2,529
- Write-downs -€92,430
down €92,430, from €46,215 to -€46,215
- Other operating charges +€44,986
up €44,986 (+2217.9%), from €2,028 to €47,015
- Gross operating margin +€38,176
up €38,176 (+475.3%), from €8,031 to €46,208
- Depreciation -€6,713
no longer reported in 2025 (was €6,713)
- Taxes +€2,285
up €2,285 (+1093.5%), from €209 to €2,494
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 | €119,305 | €113,901 | -€5,404 | -4.5% |
| Fixed assets | 21/28 | €29,243 | - | -€29,243 | |
| Tangible fixed assets | 22/27 | €29,198 | - | -€29,198 | |
| Land and buildings | 22 | €1,799 | - | -€1,799 | |
| Plant, machinery and equipment | 23 | €4,275 | - | -€4,275 | |
| Furniture and vehicles | 24 | €7,327 | - | -€7,327 | |
| Other tangible fixed assets | 26 | €15,796 | - | -€15,796 | |
| Financial fixed assets | 28 | €45 | - | -€45 | |
| Current assets | 29/58 | €90,062 | €113,901 | +€23,840 | +26.5% |
| Amounts receivable after more than one year | 29 | €34,500 | €94,000 | +€59,500 | +172.5% |
| Other amounts receivable | 291 | €34,500 | €94,000 | +€59,500 | +172.5% |
| Amounts receivable within one year | 40/41 | €51,715 | €11,308 | -€40,407 | -78.1% |
| Trade receivables | 40 | €6,727 | €67 | -€6,659 | -99.0% |
| Other amounts receivable | 41 | €44,988 | €11,241 | -€33,747 | -75.0% |
| Cash at bank and in hand | 54/58 | €3,728 | €8,593 | +€4,865 | +130.5% |
| Deferred charges and accrued income | 490/1 | €119 | - | -€119 | |
| Total equity and liabilities | 10/49 | €119,305 | €113,901 | -€5,404 | -4.5% |
| Equity | 10/15 | €85,063 | €109,806 | +€24,743 | +29.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €76,915 | €91,256 | +€14,341 | +18.6% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,958 | €4,958 | = | 0.0% |
| Distributable reserves | 133 | €71,957 | €86,298 | +€14,341 | +19.9% |
| Profit (loss) carried forward | 14 | -€10,402 | - | +€10,402 | |
| Amounts payable | 17/49 | €34,242 | €4,096 | -€30,146 | -88.0% |
| Amounts payable after more than one year | 17 | €14,693 | - | -€14,693 | |
| Financial debts | 170/4 | €14,693 | - | -€14,693 | |
| Amounts payable within one year | 42/48 | €19,549 | €4,096 | -€15,453 | -79.0% |
| Current portion of amounts payable after more than one year | 42 | €6,003 | - | -€6,003 | |
| Financial debts | 43 | €1,875 | - | -€1,875 | |
| Credit institutions | 430/8 | €1,875 | - | -€1,875 | |
| Trade debts | 44 | €3,435 | €1,437 | -€1,998 | -58.2% |
| Suppliers | 440/4 | €3,435 | €1,437 | -€1,998 | -58.2% |
| Taxes, remuneration and social security | 45 | €8,236 | €2,529 | -€5,707 | -69.3% |
| Taxes | 450/3 | €8,236 | €2,529 | -€5,707 | -69.3% |
| Other amounts payable | 47/48 | - | €130 | +€130 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,713 | - | -€6,713 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €46,215 | -€46,215 | -€92,430 | |
| Other operating charges | 640/8 | €2,028 | €47,015 | +€44,986 | +2217.9% |
| Non-recurring operating charges | 66A | - | €18,571 | +€18,571 | |
| Gross operating margin | 9900 | €8,031 | €46,208 | +€38,176 | +475.3% |
| Operating profit (loss) | 9901 | -€46,925 | €26,837 | +€73,762 | |
| Financial income | 75/76B | €2,621 | €1,798 | -€823 | -31.4% |
| Recurring financial income | 75 | €2,621 | €1,798 | -€823 | -31.4% |
| Financial charges | 65/66B | €2,456 | €1,398 | -€1,058 | -43.1% |
| Recurring financial charges | 65 | €1,692 | €1,398 | -€294 | -17.4% |
| Non-recurring financial charges | 66B | €764 | - | -€764 | |
| Profit (loss) for the period before taxes | 9903 | -€46,760 | €27,237 | +€73,997 | |
| Income taxes | 67/77 | €209 | €2,494 | +€2,285 | +1093.5% |
| Profit (loss) for the period | 9904 | -€46,969 | €24,743 | +€71,711 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,969 | €24,743 | +€71,711 |
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 1 October 2026 via checked.be.