PLACOBAT: 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.
PLACOBAT
Largest movements
- Receivables within one year +€15,282
up €15,282 (+34.0%), from €44,959 to €60,241
of which Trade receivables: +€7,674
- Tangible fixed assets -€13,151
down €13,151 (-23.6%), from €55,844 to €42,693
of which Furniture and vehicles: -€12,277
- Cash +€9,428
up €9,428 (+12.0%), from €78,781 to €88,210
mainly Depreciation (+€16,486) and Trade debts (+€13,751)
- Deferred charges and accrued income -€2,069
down €2,069 (-40.0%), from €5,177 to €3,108
- Trade debts +€13,751
up €13,751 (+50.9%), from €27,000 to €40,752
- Debts after one year -€10,315
down €10,315 (-44.8%), from €23,032 to €12,717
- Profit (loss) carried forward +€3,774
up €3,774 (+8.9%), from €42,634 to €46,408
- Tax, wage and social debts +€2,909
up €2,909 (+80.5%), from €3,614 to €6,523
of which Remuneration and social security: +€4,009
- Staff costs -€15,337
down €15,337 (-6.2%), from €247,725 to €232,388
- Gross operating margin -€7,702
down €7,702 (-2.9%), from €264,378 to €256,677
- Depreciation +€3,605
up €3,605 (+28.0%), from €12,880 to €16,486
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 | €191,789 | €201,279 | +€9,490 | +4.9% |
| Fixed assets | 21/28 | €62,872 | €49,721 | -€13,151 | -20.9% |
| Tangible fixed assets | 22/27 | €55,844 | €42,693 | -€13,151 | -23.6% |
| Plant, machinery and equipment | 23 | €9,727 | €8,853 | -€874 | -9.0% |
| Furniture and vehicles | 24 | €46,117 | €33,840 | -€12,277 | -26.6% |
| Financial fixed assets | 28 | €7,028 | €7,028 | = | 0.0% |
| Current assets | 29/58 | €128,917 | €151,558 | +€22,642 | +17.6% |
| Amounts receivable within one year | 40/41 | €44,959 | €60,241 | +€15,282 | +34.0% |
| Trade receivables | 40 | €40,545 | €48,219 | +€7,674 | +18.9% |
| Other amounts receivable | 41 | €4,414 | €12,022 | +€7,608 | +172% |
| Cash at bank and in hand | 54/58 | €78,781 | €88,210 | +€9,428 | +12.0% |
| Deferred charges and accrued income | 490/1 | €5,177 | €3,108 | -€2,069 | -40.0% |
| Total equity and liabilities | 10/49 | €191,789 | €201,279 | +€9,490 | +4.9% |
| Equity | 10/15 | €102,889 | €106,663 | +€3,774 | +3.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €47,855 | €47,855 | = | 0.0% |
| Distributable reserves | 133 | €47,855 | €47,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,634 | €46,408 | +€3,774 | +8.9% |
| Amounts payable | 17/49 | €88,900 | €94,616 | +€5,716 | +6.4% |
| Amounts payable after more than one year | 17 | €23,032 | €12,717 | -€10,315 | -44.8% |
| Financial debts | 170/4 | €23,032 | €12,717 | -€10,315 | -44.8% |
| Amounts payable within one year | 42/48 | €65,868 | €81,899 | +€16,031 | +24.3% |
| Current portion of amounts payable after more than one year | 42 | €10,048 | €10,315 | +€267 | +2.7% |
| Trade debts | 44 | €27,000 | €40,752 | +€13,751 | +50.9% |
| Suppliers | 440/4 | €27,000 | €40,752 | +€13,751 | +50.9% |
| Taxes, remuneration and social security | 45 | €3,614 | €6,523 | +€2,909 | +80.5% |
| Taxes | 450/3 | €1,100 | - | -€1,100 | |
| Remuneration and social security | 454/9 | €2,514 | €6,523 | +€4,009 | +159% |
| Other amounts payable | 47/48 | €25,205 | €24,309 | -€895 | -3.6% |
| Remuneration, social security and pensions | 62 | €247,725 | €232,388 | -€15,337 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,880 | €16,486 | +€3,605 | +28.0% |
| Other operating charges | 640/8 | €1,237 | €1,352 | +€115 | +9.3% |
| Gross operating margin | 9900 | €264,378 | €256,677 | -€7,702 | -2.9% |
| Operating profit (loss) | 9901 | €2,536 | €6,451 | +€3,915 | +154% |
| Financial charges | 65/66B | €3,390 | €4,679 | +€1,289 | +38.0% |
| Recurring financial charges | 65 | €3,390 | €4,679 | +€1,289 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | -€853 | €1,772 | +€2,626 | |
| Income taxes | 67/77 | €1,095 | €1,757 | +€662 | +60.4% |
| Profit (loss) for the period | 9904 | -€1,949 | €16 | +€1,964 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,949 | €16 | +€1,964 |
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 15 October 2026 via checked.be.