P.L.I. DESIGN: 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.
P.L.I. DESIGN
Largest movements
- Tangible fixed assets -€56,868
down €56,868 (-8.7%), from €650,710 to €593,842
of which Leasing and similar rights: -€57,212
- Receivables within one year +€17,077
up €17,077 (+23.4%), from €73,028 to €90,105
of which Trade receivables: +€14,584
- Deferred charges and accrued income -€9,965
down €9,965 (-47.3%), from €21,059 to €11,094
- Cash -€8,927
down €8,927 (-50.0%), from €17,845 to €8,918
mainly Debts after one year (-€96,946) and Investment in fixed assets (net) (-€32,652)
- Debts after one year -€96,946
down €96,946 (-48.1%), from €201,346 to €104,400
- Profit (loss) carried forward +€22,718
up €22,718 (+9.5%), from €238,039 to €260,757
- Short-term financial debts +€13,390
up €13,390 (+52.2%), from €25,675 to €39,065
- Trade debts +€12,533
up €12,533 (+20.1%), from €62,452 to €74,985
- Gross operating margin -€67,953
down €67,953 (-17.4%), from €391,065 to €323,112
- Staff costs -€21,728
down €21,728 (-11.5%), from €188,599 to €166,871
- Financial income +€11,225
up €11,225 (+539%), from €2,081 to €13,306
- Taxes -€8,562
down €8,562 (-52.0%), from €16,469 to €7,907
- Write-downs +€6,855
new in 2025: €6,855
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 | €764,893 | €706,035 | -€58,858 | -7.7% |
| Fixed assets | 21/28 | €650,910 | €594,042 | -€56,868 | -8.7% |
| Tangible fixed assets | 22/27 | €650,710 | €593,842 | -€56,868 | -8.7% |
| Land and buildings | 22 | €443,582 | €425,944 | -€17,638 | -4.0% |
| Plant, machinery and equipment | 23 | €22,378 | €15,608 | -€6,770 | -30.3% |
| Furniture and vehicles | 24 | - | €24,752 | +€24,752 | |
| Leasing and similar rights | 25 | €184,750 | €127,538 | -€57,212 | -31.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €113,983 | €111,993 | -€1,990 | -1.7% |
| Stocks and contracts in progress | 3 | €2,051 | €1,876 | -€175 | -8.5% |
| Stocks | 30/36 | €2,051 | €1,876 | -€175 | -8.5% |
| Amounts receivable within one year | 40/41 | €73,028 | €90,105 | +€17,077 | +23.4% |
| Trade receivables | 40 | €73,028 | €87,612 | +€14,584 | +20.0% |
| Other amounts receivable | 41 | - | €2,493 | +€2,493 | |
| Cash at bank and in hand | 54/58 | €17,845 | €8,918 | -€8,927 | -50.0% |
| Deferred charges and accrued income | 490/1 | €21,059 | €11,094 | -€9,965 | -47.3% |
| Total equity and liabilities | 10/49 | €764,893 | €706,035 | -€58,858 | -7.7% |
| Equity | 10/15 | €298,697 | €321,415 | +€22,718 | +7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,058 | €42,058 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €40,198 | €40,198 | = | 0.0% |
| Profit (loss) carried forward | 14 | €238,039 | €260,757 | +€22,718 | +9.5% |
| Amounts payable | 17/49 | €466,196 | €384,620 | -€81,576 | -17.5% |
| Amounts payable after more than one year | 17 | €201,346 | €104,400 | -€96,946 | -48.1% |
| Financial debts | 170/4 | €201,346 | €104,400 | -€96,946 | -48.1% |
| Amounts payable within one year | 42/48 | €264,850 | €280,220 | +€15,370 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €131,648 | €124,694 | -€6,954 | -5.3% |
| Financial debts | 43 | €25,675 | €39,065 | +€13,390 | +52.2% |
| Credit institutions | 430/8 | €25,675 | €39,065 | +€13,390 | +52.2% |
| Trade debts | 44 | €62,452 | €74,985 | +€12,533 | +20.1% |
| Suppliers | 440/4 | €62,452 | €74,985 | +€12,533 | +20.1% |
| Taxes, remuneration and social security | 45 | €27,985 | €22,437 | -€5,548 | -19.8% |
| Taxes | 450/3 | €8,903 | €9,609 | +€706 | +7.9% |
| Remuneration and social security | 454/9 | €19,082 | €12,828 | -€6,254 | -32.8% |
| Other amounts payable | 47/48 | €17,090 | €19,039 | +€1,949 | +11.4% |
| Non-recurring operating income | 76A | €89,179 | €13,947 | -€75,232 | -84.4% |
| Remuneration, social security and pensions | 62 | €188,599 | €166,871 | -€21,728 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,866 | €89,520 | +€1,654 | +1.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,855 | +€6,855 | |
| Other operating charges | 640/8 | €6,579 | €9,037 | +€2,458 | +37.4% |
| Non-recurring operating charges | 66A | - | €1,857 | +€1,857 | |
| Gross operating margin | 9900 | €391,065 | €323,112 | -€67,953 | -17.4% |
| Operating profit (loss) | 9901 | €108,021 | €48,972 | -€59,049 | -54.7% |
| Financial income | 75/76B | €2,081 | €13,306 | +€11,225 | +539% |
| Recurring financial income | 75 | €2,081 | €13,306 | +€11,225 | +539% |
| Financial charges | 65/66B | €38,218 | €31,653 | -€6,565 | -17.2% |
| Recurring financial charges | 65 | €38,218 | €31,653 | -€6,565 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €71,884 | €30,625 | -€41,259 | -57.4% |
| Income taxes | 67/77 | €16,469 | €7,907 | -€8,562 | -52.0% |
| Profit (loss) for the period | 9904 | €55,415 | €22,718 | -€32,697 | -59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,415 | €22,718 | -€32,697 | -59.0% |
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 25 October 2026 via checked.be.