PL Asbest: 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.
PL Asbest
Largest movements
- Tangible fixed assets +€138,599
up €138,599 (+241%), from €57,435 to €196,033
of which Leasing and similar rights: +€145,600
- Receivables within one year -€27,741
down €27,741 (-31.9%), from €87,035 to €59,294
of which Trade receivables: -€23,906
- Cash -€12,678
down €12,678 (-67.8%), from €18,699 to €6,021
mainly Investment in fixed assets (net) (-€189,890) and Other debts (-€44,458)
- Reserves +€104,440
new in 2025: €104,440
- Other debts -€44,458
down €44,458 (-45.9%), from €96,943 to €52,485
- Current portion of long-term debt +€26,386
up €26,386 (+374%), from €7,053 to €33,439
- Tax, wage and social debts +€26,324
up €26,324 (+437%), from €6,031 to €32,355
of which Taxes: +€32,334
- Trade debts -€23,575
down €23,575 (-47.6%), from €49,485 to €25,909
- Gross operating margin +€159,322
up €159,322 (+214%), from €74,611 to €233,933
- Depreciation +€43,673
up €43,673 (+573%), from €7,618 to €51,291
- Taxes +€32,334
up €32,334 (+156,430%), from €21 to €32,355
- Write-downs +€24,667
up €24,667, from €0 to €24,667
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 | €177,577 | €274,990 | +€97,413 | +54.9% |
| Fixed assets | 21/28 | €57,435 | €196,033 | +€138,599 | +241% |
| Tangible fixed assets | 22/27 | €57,435 | €196,033 | +€138,599 | +241% |
| Plant, machinery and equipment | 23 | €15,361 | €16,838 | +€1,477 | +9.6% |
| Furniture and vehicles | 24 | €42,073 | €33,595 | -€8,478 | -20.2% |
| Leasing and similar rights | 25 | - | €145,600 | +€145,600 | |
| Current assets | 29/58 | €120,142 | €78,957 | -€41,186 | -34.3% |
| Amounts receivable within one year | 40/41 | €87,035 | €59,294 | -€27,741 | -31.9% |
| Trade receivables | 40 | €70,921 | €47,015 | -€23,906 | -33.7% |
| Other amounts receivable | 41 | €16,114 | €12,278 | -€3,836 | -23.8% |
| Cash at bank and in hand | 54/58 | €18,699 | €6,021 | -€12,678 | -67.8% |
| Deferred charges and accrued income | 490/1 | €14,408 | €13,642 | -€767 | -5.3% |
| Total equity and liabilities | 10/49 | €177,577 | €274,990 | +€97,413 | +54.9% |
| Equity | 10/15 | -€12,735 | €107,440 | +€120,175 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €104,440 | +€104,440 | |
| Distributable reserves | 133 | - | €104,440 | +€104,440 | |
| Profit (loss) carried forward | 14 | -€15,735 | €0 | +€15,735 | |
| Amounts payable | 17/49 | €190,312 | €167,550 | -€22,762 | -12.0% |
| Amounts payable after more than one year | 17 | €30,800 | €23,361 | -€7,439 | -24.2% |
| Financial debts | 170/4 | €30,800 | €23,361 | -€7,439 | -24.2% |
| Amounts payable within one year | 42/48 | €159,512 | €144,188 | -€15,323 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €7,053 | €33,439 | +€26,386 | +374% |
| Trade debts | 44 | €49,485 | €25,909 | -€23,575 | -47.6% |
| Suppliers | 440/4 | €49,485 | €25,909 | -€23,575 | -47.6% |
| Taxes, remuneration and social security | 45 | €6,031 | €32,355 | +€26,324 | +437% |
| Taxes | 450/3 | €21 | €32,355 | +€32,334 | +156,430% |
| Remuneration and social security | 454/9 | €6,010 | €0 | -€6,010 | -100% |
| Other amounts payable | 47/48 | €96,943 | €52,485 | -€44,458 | -45.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,618 | €51,291 | +€43,673 | +573% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €24,667 | +€24,667 | |
| Other operating charges | 640/8 | €676 | €2,699 | +€2,023 | +299% |
| Gross operating margin | 9900 | €74,611 | €233,933 | +€159,322 | +214% |
| Operating profit (loss) | 9901 | €66,317 | €155,275 | +€88,958 | +134% |
| Financial income | 75/76B | €0 | €3 | +€3 | +3,160% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +3,160% |
| Financial charges | 65/66B | €749 | €2,748 | +€2,000 | +267% |
| Recurring financial charges | 65 | €749 | €2,748 | +€2,000 | +267% |
| Profit (loss) for the period before taxes | 9903 | €65,568 | €152,530 | +€86,962 | +133% |
| Income taxes | 67/77 | €21 | €32,355 | +€32,334 | +156,430% |
| Profit (loss) for the period | 9904 | €65,548 | €120,175 | +€54,628 | +83.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,548 | €120,175 | +€54,628 | +83.3% |
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 15 October 2026 via checked.be.