PLACO-LINE: 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.
PLACO-LINE
Largest movements
- Receivables within one year -€48,702
down €48,702 (-16.4%), from €297,084 to €248,382
of which Other amounts receivable: -€28,311
- Tangible fixed assets -€31,732
down €31,732 (-6.2%), from €509,255 to €477,523
of which Land and buildings: -€29,342
- Cash +€12,118
up €12,118 (+1,556%), from €779 to €12,897
mainly Receivables within one year (+€48,702) and Depreciation (+€32,531)
- Other debts -€39,278
down €39,278 (-96.0%), from €40,914 to €1,636
- Trade debts -€23,726
down €23,726 (-17.9%), from €132,857 to €109,131
- Debts after one year -€22,730
down €22,730 (-6.4%), from €357,136 to €334,406
- Current portion of long-term debt +€11,780
up €11,780 (+21.9%), from €53,680 to €65,460
- Turnover -€172,525
down €172,525 (-60.4%), from €285,648 to €113,123
- Purchases and services -€97,092
down €97,092 (-60.4%), from €160,821 to €63,730
- Gross operating margin -€59,425
down €59,425 (-53.9%), from €110,257 to €50,832
- Taxes -€18,513
down €18,513 (-81.2%), from €22,786 to €4,273
- Other operating charges -€6,944
down €6,944 (-77.7%), from €8,932 to €1,988
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €811,345 | €740,379 | -€70,967 | -8.7% |
| Fixed assets | 21/28 | €510,675 | €478,943 | -€31,732 | -6.2% |
| Tangible fixed assets | 22/27 | €509,255 | €477,523 | -€31,732 | -6.2% |
| Land and buildings | 22 | €505,316 | €475,974 | -€29,342 | -5.8% |
| Plant, machinery and equipment | 23 | €3,167 | €1,522 | -€1,645 | -51.9% |
| Furniture and vehicles | 24 | €771 | €27 | -€745 | -96.5% |
| Financial fixed assets | 28 | €1,420 | €1,420 | = | 0.0% |
| Current assets | 29/58 | €300,671 | €261,436 | -€39,235 | -13.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €297,084 | €248,382 | -€48,702 | -16.4% |
| Trade receivables | 40 | €202,903 | €182,512 | -€20,391 | -10.0% |
| Other amounts receivable | 41 | €94,181 | €65,870 | -€28,311 | -30.1% |
| Cash at bank and in hand | 54/58 | €779 | €12,897 | +€12,118 | +1,556% |
| Deferred charges and accrued income | 490/1 | €2,808 | €157 | -€2,651 | -94.4% |
| Total equity and liabilities | 10/49 | €811,345 | €740,379 | -€70,967 | -8.7% |
| Equity | 10/15 | €126,100 | €125,124 | -€976 | -0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,640 | €94,664 | -€976 | -1.0% |
| Amounts payable | 17/49 | €685,245 | €615,255 | -€69,990 | -10.2% |
| Amounts payable after more than one year | 17 | €357,136 | €334,406 | -€22,730 | -6.4% |
| Financial debts | 170/4 | €357,136 | €334,406 | -€22,730 | -6.4% |
| Amounts payable within one year | 42/48 | €325,916 | €277,488 | -€48,428 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €53,680 | €65,460 | +€11,780 | +21.9% |
| Financial debts | 43 | €41,283 | €40,000 | -€1,283 | -3.1% |
| Credit institutions | 430/8 | €41,283 | €40,000 | -€1,283 | -3.1% |
| Trade debts | 44 | €132,857 | €109,131 | -€23,726 | -17.9% |
| Suppliers | 440/4 | €132,857 | €109,131 | -€23,726 | -17.9% |
| Taxes, remuneration and social security | 45 | €57,183 | €61,262 | +€4,079 | +7.1% |
| Taxes | 450/3 | €39,002 | €43,081 | +€4,079 | +10.5% |
| Remuneration and social security | 454/9 | €18,181 | €18,181 | = | 0.0% |
| Other amounts payable | 47/48 | €40,914 | €1,636 | -€39,278 | -96.0% |
| Accrued charges and deferred income | 492/3 | €2,193 | €3,360 | +€1,168 | +53.2% |
| Turnover | 70 | €285,648 | €113,123 | -€172,525 | -60.4% |
| Non-recurring operating income | 76A | - | €45 | +€45 | |
| Goods, raw materials, services and sundry goods | 60/61 | €160,821 | €63,730 | -€97,092 | -60.4% |
| Remuneration, social security and pensions | 62 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,667 | €32,531 | -€5,136 | -13.6% |
| Other operating charges | 640/8 | €8,932 | €1,988 | -€6,944 | -77.7% |
| Gross operating margin | 9900 | €110,257 | €50,832 | -€59,425 | -53.9% |
| Operating profit (loss) | 9901 | €63,658 | €16,064 | -€47,594 | -74.8% |
| Financial income | 75/76B | €557 | €45 | -€512 | -91.9% |
| Recurring financial income | 75 | €557 | €45 | -€512 | -91.9% |
| Financial charges | 65/66B | €16,149 | €12,812 | -€3,337 | -20.7% |
| Recurring financial charges | 65 | €16,149 | €12,812 | -€3,337 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €48,066 | €3,297 | -€44,769 | -93.1% |
| Income taxes | 67/77 | €22,786 | €4,273 | -€18,513 | -81.2% |
| Profit (loss) for the period | 9904 | €25,280 | -€976 | -€26,256 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,280 | -€976 | -€26,256 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.