PL ASSURANCES: 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 ASSURANCES
Largest movements
- Tangible fixed assets +€25,762
up €25,762 (+97.5%), from €26,435 to €52,197
of which Furniture and vehicles: +€25,081
- Cash +€22,323
up €22,323 (+967%), from €2,309 to €24,632
mainly Net result for the year (+€48,279) and Depreciation (+€35,647)
- Intangible fixed assets -€21,000
down €21,000 (-32.7%), from €64,134 to €43,134
- Receivables within one year +€6,011
up €6,011 (+11.5%), from €52,394 to €58,404
of which Other amounts receivable: +€5,601
- Profit (loss) carried forward +€48,279
up €48,279 (+213%), from €22,696 to €70,975
- Short-term financial debts -€20,174
down €20,174 (-63.0%), from €32,000 to €11,826
- Accrued charges and deferred income -€15,000
no longer reported in 2025 (was €15,000)
- Debts after one year +€13,500
new in 2025: €13,500
- Tax, wage and social debts +€9,737
up €9,737 (+37.2%), from €26,171 to €35,908
of which Taxes: +€5,777
- Gross operating margin +€51,469
up €51,469 (+24.6%), from €209,455 to €260,925
- Taxes +€10,253
up €10,253 (+92.3%), from €11,106 to €21,359
- Other operating charges +€7,218
up €7,218 (+665%), from €1,085 to €8,303
- Depreciation +€3,874
up €3,874 (+12.2%), from €31,773 to €35,647
- Staff costs +€3,272
up €3,272 (+2.3%), from €141,989 to €145,261
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 | €176,832 | €210,745 | +€33,913 | +19.2% |
| Fixed assets | 21/28 | €90,619 | €95,382 | +€4,762 | +5.3% |
| Intangible fixed assets | 21 | €64,134 | €43,134 | -€21,000 | -32.7% |
| Tangible fixed assets | 22/27 | €26,435 | €52,197 | +€25,762 | +97.5% |
| Plant, machinery and equipment | 23 | €8,781 | €9,462 | +€681 | +7.8% |
| Furniture and vehicles | 24 | €17,654 | €42,735 | +€25,081 | +142% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €86,213 | €115,363 | +€29,151 | +33.8% |
| Amounts receivable within one year | 40/41 | €52,394 | €58,404 | +€6,011 | +11.5% |
| Trade receivables | 40 | €5,306 | €5,715 | +€409 | +7.7% |
| Other amounts receivable | 41 | €47,088 | €52,689 | +€5,601 | +11.9% |
| Cash at bank and in hand | 54/58 | €2,309 | €24,632 | +€22,323 | +967% |
| Deferred charges and accrued income | 490/1 | €31,510 | €32,327 | +€817 | +2.6% |
| Total equity and liabilities | 10/49 | €176,832 | €210,745 | +€33,913 | +19.2% |
| Equity | 10/15 | €82,556 | €130,835 | +€48,279 | +58.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,260 | €41,260 | = | 0.0% |
| Distributable reserves | 133 | €41,260 | €41,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,696 | €70,975 | +€48,279 | +213% |
| Amounts payable | 17/49 | €94,276 | €79,910 | -€14,366 | -15.2% |
| Amounts payable after more than one year | 17 | - | €13,500 | +€13,500 | |
| Financial debts | 170/4 | - | €13,500 | +€13,500 | |
| Amounts payable within one year | 42/48 | €79,276 | €66,410 | -€12,866 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €767 | - | -€767 | |
| Financial debts | 43 | €32,000 | €11,826 | -€20,174 | -63.0% |
| Credit institutions | 430/8 | €32,000 | €11,826 | -€20,174 | -63.0% |
| Trade debts | 44 | €14,870 | €13,208 | -€1,662 | -11.2% |
| Suppliers | 440/4 | €14,870 | €13,208 | -€1,662 | -11.2% |
| Taxes, remuneration and social security | 45 | €26,171 | €35,908 | +€9,737 | +37.2% |
| Taxes | 450/3 | €8,082 | €13,859 | +€5,777 | +71.5% |
| Remuneration and social security | 454/9 | €18,089 | €22,049 | +€3,960 | +21.9% |
| Other amounts payable | 47/48 | €5,468 | €5,468 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €15,000 | - | -€15,000 | |
| Remuneration, social security and pensions | 62 | €141,989 | €145,261 | +€3,272 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,773 | €35,647 | +€3,874 | +12.2% |
| Other operating charges | 640/8 | €1,085 | €8,303 | +€7,218 | +665% |
| Gross operating margin | 9900 | €209,455 | €260,925 | +€51,469 | +24.6% |
| Operating profit (loss) | 9901 | €34,608 | €71,714 | +€37,106 | +107% |
| Financial income | 75/76B | €10 | €45 | +€35 | +363% |
| Recurring financial income | 75 | €10 | €45 | +€35 | +363% |
| Financial charges | 65/66B | €2,007 | €2,121 | +€113 | +5.6% |
| Recurring financial charges | 65 | €2,007 | €2,121 | +€113 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €32,611 | €69,638 | +€37,027 | +114% |
| Income taxes | 67/77 | €11,106 | €21,359 | +€10,253 | +92.3% |
| Profit (loss) for the period | 9904 | €21,504 | €48,279 | +€26,775 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €21,504 | €48,279 | +€26,775 | +125% |
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.