PL LEX: what changed
Two fiscal 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 LEX
Largest movements
- Cash +€16,154
up €16,154 (+22.0%), from €73,361 to €89,515
mainly Net result for the year (+€55,998) and Other debts (+€48,896)
- Tangible fixed assets -€1,150
down €1,150 (-24.0%), from €4,788 to €3,638
- Other debts +€48,896
up €48,896 (+453.8%), from €10,774 to €59,670
- Reserves -€35,502
down €35,502 (-97.3%), from €36,502 to €1,000
- Tax, wage and social debts +€2,273
up €2,273 (+8.9%), from €25,593 to €27,866
of which Remuneration and social security: +€8,434
- Gross operating margin +€9,790
up €9,790 (+12.3%), from €79,659 to €89,448
- Staff costs +€8,248
up €8,248 (+101.4%), from €8,130 to €16,378
- Depreciation -€6,507
down €6,507 (-68.8%), from €9,457 to €2,950
- Taxes +€959
up €959 (+6.9%), from €13,970 to €14,928
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.
Cash bridge derived
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 | €78,149 | €93,669 | +€15,520 | +19.9% |
| Fixed assets | 21/28 | €4,788 | €3,638 | -€1,150 | -24.0% |
| Tangible fixed assets | 22/27 | €4,788 | €3,638 | -€1,150 | -24.0% |
| Furniture and vehicles | 24 | €4,788 | €3,638 | -€1,150 | -24.0% |
| Current assets | 29/58 | €73,361 | €90,030 | +€16,670 | +22.7% |
| Amounts receivable within one year | 40/41 | - | €515 | +€515 | |
| Other amounts receivable | 41 | - | €515 | +€515 | |
| Cash at bank and in hand | 54/58 | €73,361 | €89,515 | +€16,154 | +22.0% |
| Total equity and liabilities | 10/49 | €78,149 | €93,669 | +€15,520 | +19.9% |
| Equity | 10/15 | €41,502 | €6,000 | -€35,502 | -85.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €36,502 | €1,000 | -€35,502 | -97.3% |
| Distributable reserves | 133 | €36,502 | €1,000 | -€35,502 | -97.3% |
| Amounts payable | 17/49 | €36,647 | €87,669 | +€51,022 | +139.2% |
| Amounts payable within one year | 42/48 | €36,647 | €87,669 | +€51,022 | +139.2% |
| Trade debts | 44 | €281 | €133 | -€147 | -52.4% |
| Suppliers | 440/4 | €281 | €133 | -€147 | -52.4% |
| Taxes, remuneration and social security | 45 | €25,593 | €27,866 | +€2,273 | +8.9% |
| Taxes | 450/3 | €24,451 | €18,290 | -€6,161 | -25.2% |
| Remuneration and social security | 454/9 | €1,141 | €9,575 | +€8,434 | +739.0% |
| Other amounts payable | 47/48 | €10,774 | €59,670 | +€48,896 | +453.8% |
| Non-recurring operating income | 76A | €2,789 | €2,946 | +€157 | +5.6% |
| Remuneration, social security and pensions | 62 | €8,130 | €16,378 | +€8,248 | +101.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,457 | €2,950 | -€6,507 | -68.8% |
| Other operating charges | 640/8 | €598 | €613 | +€15 | +2.5% |
| Gross operating margin | 9900 | €79,659 | €89,448 | +€9,790 | +12.3% |
| Operating profit (loss) | 9901 | €61,473 | €69,508 | +€8,034 | +13.1% |
| Financial income | 75/76B | €1,348 | €1,480 | +€132 | +9.8% |
| Recurring financial income | 75 | €1,348 | €1,480 | +€132 | +9.8% |
| Financial charges | 65/66B | €61 | €61 | = | 0.0% |
| Recurring financial charges | 65 | €61 | €61 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €62,760 | €70,926 | +€8,167 | +13.0% |
| Income taxes | 67/77 | €13,970 | €14,928 | +€959 | +6.9% |
| Profit (loss) for the period | 9904 | €48,790 | €55,998 | +€7,208 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €48,790 | €55,998 | +€7,208 | +14.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.