PL Agency BV: what changed
What changed
PL Agency BV
NACE 73.110, Advertising agencies
filed annual accounts (NBB)
Net result for the year
€61,387
2024 · €54,135+€7,251
Equity
€165,522
2024 · €104,135+€61,387
Cash
€17,697
2024 · €18,133-€436
Balance sheet total
€500,900
2024 · €527,296-€26,396
Largest movements
Assets
- Receivables within one year -€24,961
down €24,961 (-67.2%), from €37,167 to €12,207
of which Trade receivables: -€23,931
Equity and liabilities
- Reserves +€61,387
up €61,387 (+113%), from €54,135 to €115,522
- Short-term financial debts -€50,000
no longer reported in 2025 (was €50,000)
- Debts after one year -€38,010
down €38,010 (-13.0%), from €292,624 to €254,614
- Trade debts -€5,996
down €5,996 (-84.9%), from €7,061 to €1,065
- Tax, wage and social debts +€5,698
up €5,698 (+17.6%), from €32,409 to €38,107
of which Taxes: +€19,743
Income statement
- Financial income +€25,000
new in 2025: €25,000
- Gross operating margin -€23,504
down €23,504 (-26.8%), from €87,594 to €64,090
- Taxes -€4,614
down €4,614 (-25.1%), from €18,364 to €13,750
- Financial charges -€1,649
down €1,649 (-11.7%), from €14,082 to €12,434
- Depreciation +€996
up €996 (+25,672%), from €4 to €1,000
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€54,135
Gross operating margin
-€23,504
Depreciation
-€996
Other operating charges
+€489
Financial income
+€25,000
Financial charges
+€1,649
Taxes
+€4,614
Result 2025
€61,387
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€86,185
Investment
€0
Financing
-€86,621
Cash 2024
€18,133
From operations (derived)
+€86,185
Net result for the year
+€61,387
Depreciation
+€1,000
Receivables within one year
+€24,961
Trade debts
-€5,996
Tax, wage and social debts
+€5,698
Other debts
-€864
Financing
-€86,621
Debts after one year
-€38,010
Current portion of long-term debt
+€1,390
Short-term financial debts
-€50,000
Cash 2025
€17,697
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €527,296 | €500,900 | -€26,396 | -5.0% |
| Fixed assets | 21/28 | €471,996 | €470,996 | -€1,000 | -0.2% |
| Tangible fixed assets | 22/27 | €1,996 | €996 | -€1,000 | -50.1% |
| Furniture and vehicles | 24 | €1,996 | €996 | -€1,000 | -50.1% |
| Financial fixed assets | 28 | €470,000 | €470,000 | = | 0.0% |
| Current assets | 29/58 | €55,300 | €29,904 | -€25,396 | -45.9% |
| Amounts receivable within one year | 40/41 | €37,167 | €12,207 | -€24,961 | -67.2% |
| Trade receivables | 40 | €36,138 | €12,207 | -€23,931 | -66.2% |
| Other amounts receivable | 41 | €1,030 | - | -€1,030 | |
| Cash at bank and in hand | 54/58 | €18,133 | €17,697 | -€436 | -2.4% |
| Total equity and liabilities | 10/49 | €527,296 | €500,900 | -€26,396 | -5.0% |
| Equity | 10/15 | €104,135 | €165,522 | +€61,387 | +58.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €54,135 | €115,522 | +€61,387 | +113% |
| Distributable reserves | 133 | €54,135 | €115,522 | +€61,387 | +113% |
| Amounts payable | 17/49 | €423,161 | €335,378 | -€87,783 | -20.7% |
| Amounts payable after more than one year | 17 | €292,624 | €254,614 | -€38,010 | -13.0% |
| Financial debts | 170/4 | €292,624 | €254,614 | -€38,010 | -13.0% |
| Amounts payable within one year | 42/48 | €129,491 | €79,719 | -€49,772 | -38.4% |
| Current portion of amounts payable after more than one year | 42 | €36,621 | €38,010 | +€1,390 | +3.8% |
| Financial debts | 43 | €50,000 | - | -€50,000 | |
| Credit institutions | 430/8 | €50,000 | - | -€50,000 | |
| Trade debts | 44 | €7,061 | €1,065 | -€5,996 | -84.9% |
| Suppliers | 440/4 | €7,061 | €1,065 | -€5,996 | -84.9% |
| Taxes, remuneration and social security | 45 | €32,409 | €38,107 | +€5,698 | +17.6% |
| Taxes | 450/3 | €18,364 | €38,107 | +€19,743 | +108% |
| Remuneration and social security | 454/9 | €14,045 | - | -€14,045 | |
| Other amounts payable | 47/48 | €3,400 | €2,536 | -€864 | -25.4% |
| Accrued charges and deferred income | 492/3 | €1,045 | €1,045 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4 | €1,000 | +€996 | +25,672% |
| Other operating charges | 640/8 | €1,008 | €520 | -€489 | -48.5% |
| Gross operating margin | 9900 | €87,594 | €64,090 | -€23,504 | -26.8% |
| Operating profit (loss) | 9901 | €86,582 | €62,570 | -€24,012 | -27.7% |
| Financial income | 75/76B | - | €25,000 | +€25,000 | |
| Recurring financial income | 75 | - | €25,000 | +€25,000 | |
| Financial charges | 65/66B | €14,082 | €12,434 | -€1,649 | -11.7% |
| Recurring financial charges | 65 | €14,082 | €12,434 | -€1,649 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €72,500 | €75,137 | +€2,637 | +3.6% |
| Income taxes | 67/77 | €18,364 | €13,750 | -€4,614 | -25.1% |
| Profit (loss) for the period | 9904 | €54,135 | €61,387 | +€7,251 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €54,135 | €61,387 | +€7,251 | +13.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.