PL4N: 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.
PL4N
Largest movements
- Cash -€82,072
down €82,072 (-70.3%), from €116,824 to €34,752
mainly Debts after one year (-€70,717) and Receivables within one year (-€49,523)
- Receivables within one year +€49,523
up €49,523 (+279.2%), from €17,738 to €67,261
of which Trade receivables: +€55,645
- Tangible fixed assets +€26,773
up €26,773 (+241.6%), from €11,080 to €37,853
of which Furniture and vehicles: +€28,060
- Intangible fixed assets -€24,990
down €24,990 (-42.8%), from €58,380 to €33,390
- Debts after one year -€70,717
down €70,717 (-67.5%), from €104,705 to €33,988
of which Other amounts payable: -€50,000
- Profit (loss) carried forward +€33,290
up €33,290 (+70.9%), from €46,954 to €80,244
- Tax, wage and social debts +€12,019
up €12,019 (+134.8%), from €8,914 to €20,933
of which Taxes: +€16,119
- Trade debts -€4,911
down €4,911 (-49.1%), from €10,008 to €5,097
- Accrued charges and deferred income -€3,552
down €3,552 (-55.1%), from €6,443 to €2,891
- Gross operating margin +€40,180
up €40,180 (+91.4%), from €43,975 to €84,155
- Taxes +€8,235
up €8,235 (+435.5%), from €1,891 to €10,126
- Depreciation +€3,657
up €3,657 (+11.7%), from €31,233 to €34,890
- Financial charges -€2,715
down €2,715 (-41.9%), from €6,487 to €3,772
- Other operating charges +€1,352
up €1,352 (+198.5%), from €681 to €2,033
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 | €204,732 | €173,256 | -€31,476 | -15.4% |
| Fixed assets | 21/28 | €69,460 | €71,243 | +€1,783 | +2.6% |
| Intangible fixed assets | 21 | €58,380 | €33,390 | -€24,990 | -42.8% |
| Tangible fixed assets | 22/27 | €11,080 | €37,853 | +€26,773 | +241.6% |
| Plant, machinery and equipment | 23 | €346 | - | -€346 | |
| Furniture and vehicles | 24 | €4,152 | €32,212 | +€28,060 | +675.8% |
| Other tangible fixed assets | 26 | €6,582 | €5,641 | -€941 | -14.3% |
| Current assets | 29/58 | €135,272 | €102,013 | -€33,259 | -24.6% |
| Amounts receivable within one year | 40/41 | €17,738 | €67,261 | +€49,523 | +279.2% |
| Trade receivables | 40 | €11,616 | €67,261 | +€55,645 | +479.0% |
| Other amounts receivable | 41 | €6,122 | - | -€6,122 | |
| Cash at bank and in hand | 54/58 | €116,824 | €34,752 | -€82,072 | -70.3% |
| Deferred charges and accrued income | 490/1 | €710 | - | -€710 | |
| Total equity and liabilities | 10/49 | €204,732 | €173,256 | -€31,476 | -15.4% |
| Equity | 10/15 | €51,954 | €85,244 | +€33,290 | +64.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,954 | €80,244 | +€33,290 | +70.9% |
| Amounts payable | 17/49 | €152,778 | €88,012 | -€64,766 | -42.4% |
| Amounts payable after more than one year | 17 | €104,705 | €33,988 | -€70,717 | -67.5% |
| Financial debts | 170/4 | €34,705 | €13,988 | -€20,717 | -59.7% |
| Other amounts payable | 178/9 | €70,000 | €20,000 | -€50,000 | -71.4% |
| Amounts payable within one year | 42/48 | €41,630 | €51,133 | +€9,503 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €20,402 | €20,717 | +€315 | +1.5% |
| Trade debts | 44 | €10,008 | €5,097 | -€4,911 | -49.1% |
| Suppliers | 440/4 | €10,008 | €5,097 | -€4,911 | -49.1% |
| Taxes, remuneration and social security | 45 | €8,914 | €20,933 | +€12,019 | +134.8% |
| Taxes | 450/3 | €4,814 | €20,933 | +€16,119 | +334.8% |
| Remuneration and social security | 454/9 | €4,100 | - | -€4,100 | |
| Other amounts payable | 47/48 | €2,306 | €4,386 | +€2,080 | +90.2% |
| Accrued charges and deferred income | 492/3 | €6,443 | €2,891 | -€3,552 | -55.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,233 | €34,890 | +€3,657 | +11.7% |
| Other operating charges | 640/8 | €681 | €2,033 | +€1,352 | +198.5% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €43,975 | €84,155 | +€40,180 | +91.4% |
| Operating profit (loss) | 9901 | €12,061 | €47,169 | +€35,108 | +291.1% |
| Financial income | 75/76B | €498 | €19 | -€479 | -96.2% |
| Recurring financial income | 75 | €498 | €19 | -€479 | -96.2% |
| Financial charges | 65/66B | €6,487 | €3,772 | -€2,715 | -41.9% |
| Recurring financial charges | 65 | €6,487 | €3,772 | -€2,715 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | €6,072 | €43,416 | +€37,344 | +615.0% |
| Income taxes | 67/77 | €1,891 | €10,126 | +€8,235 | +435.5% |
| Profit (loss) for the period | 9904 | €4,181 | €33,290 | +€29,109 | +696.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,181 | €33,290 | +€29,109 | +696.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.