PL CONCEPT: 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 CONCEPT
Largest movements
- Tangible fixed assets -€16,890
down €16,890 (-46.0%), from €36,719 to €19,829
- Receivables within one year +€13,433
up €13,433 (+124%), from €10,834 to €24,266
of which Trade receivables: +€10,834
- Cash -€11,384
down €11,384 (-40.4%), from €28,186 to €16,802
mainly Receivables within one year (-€13,433) and Debts after one year (-€6,568)
- Stocks and contracts +€6,200
new in 2025: €6,200
- Short-term financial debts +€10,000
new in 2025: €10,000
- Debts after one year -€6,568
no longer reported in 2025 (was €6,568)
- Current portion of long-term debt -€4,588
down €4,588 (-41.1%), from €11,156 to €6,568
- Trade debts -€3,982
down €3,982 (-67.0%), from €5,940 to €1,958
- Tax, wage and social debts -€1,894
down €1,894 (-24.9%), from €7,608 to €5,714
- Gross operating margin -€7,925
down €7,925 (-24.2%), from €32,770 to €24,844
- Taxes -€1,309
down €1,309 (-39.9%), from €3,284 to €1,975
- Depreciation +€1,083
up €1,083 (+5.6%), from €19,365 to €20,448
- Financial charges +€456
up €456 (+122%), from €373 to €828
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 | €77,247 | €68,826 | -€8,421 | -10.9% |
| Fixed assets | 21/28 | €36,719 | €19,829 | -€16,890 | -46.0% |
| Tangible fixed assets | 22/27 | €36,719 | €19,829 | -€16,890 | -46.0% |
| Furniture and vehicles | 24 | €36,719 | €19,829 | -€16,890 | -46.0% |
| Current assets | 29/58 | €40,528 | €48,997 | +€8,469 | +20.9% |
| Stocks and contracts in progress | 3 | - | €6,200 | +€6,200 | |
| Stocks | 30/36 | - | €6,200 | +€6,200 | |
| Amounts receivable within one year | 40/41 | €10,834 | €24,266 | +€13,433 | +124% |
| Trade receivables | 40 | €10,834 | €21,668 | +€10,834 | +100% |
| Other amounts receivable | 41 | - | €2,599 | +€2,599 | |
| Cash at bank and in hand | 54/58 | €28,186 | €16,802 | -€11,384 | -40.4% |
| Deferred charges and accrued income | 490/1 | €1,508 | €1,729 | +€220 | +14.6% |
| Total equity and liabilities | 10/49 | €77,247 | €68,826 | -€8,421 | -10.9% |
| Equity | 10/15 | €41,767 | €42,186 | +€419 | +1.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,767 | €40,186 | +€419 | +1.1% |
| Amounts payable | 17/49 | €35,480 | €26,640 | -€8,840 | -24.9% |
| Amounts payable after more than one year | 17 | €6,568 | - | -€6,568 | |
| Financial debts | 170/4 | €6,568 | - | -€6,568 | |
| Amounts payable within one year | 42/48 | €28,913 | €26,640 | -€2,272 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €11,156 | €6,568 | -€4,588 | -41.1% |
| Financial debts | 43 | - | €10,000 | +€10,000 | |
| Credit institutions | 430/8 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | €5,940 | €1,958 | -€3,982 | -67.0% |
| Suppliers | 440/4 | €5,940 | €1,958 | -€3,982 | -67.0% |
| Taxes, remuneration and social security | 45 | €7,608 | €5,714 | -€1,894 | -24.9% |
| Taxes | 450/3 | €7,608 | €5,714 | -€1,894 | -24.9% |
| Other amounts payable | 47/48 | €4,209 | €2,401 | -€1,808 | -43.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,365 | €20,448 | +€1,083 | +5.6% |
| Other operating charges | 640/8 | €1,409 | €1,179 | -€230 | -16.3% |
| Gross operating margin | 9900 | €32,770 | €24,844 | -€7,925 | -24.2% |
| Operating profit (loss) | 9901 | €11,996 | €3,217 | -€8,778 | -73.2% |
| Financial income | 75/76B | €0 | €10 | +€10 | +52,000% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +52,000% |
| Financial charges | 65/66B | €373 | €828 | +€456 | +122% |
| Recurring financial charges | 65 | €373 | €828 | +€456 | +122% |
| Profit (loss) for the period before taxes | 9903 | €11,623 | €2,400 | -€9,223 | -79.4% |
| Income taxes | 67/77 | €3,284 | €1,975 | -€1,309 | -39.9% |
| Profit (loss) for the period | 9904 | €8,340 | €425 | -€7,915 | -94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,340 | €425 | -€7,915 | -94.9% |
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.