Placobel Partners: what changed
Placobel Partners
Largest movements
- Receivables within one year +€23,682
up €23,682 (+28.1%), from €84,363 to €108,045
of which Other amounts receivable: +€33,488
- Cash +€2,595
up €2,595 (+4,251%), from €61 to €2,656
mainly Net result for the year (+€35,103) and Tax, wage and social debts (+€7,327)
- Reserves +€35,103
up €35,103 (+66.7%), from €52,613 to €87,716
- Trade debts -€16,518
down €16,518 (-83.3%), from €19,834 to €3,315
- Tax, wage and social debts +€7,327
up €7,327 (+68.1%), from €10,761 to €18,088
- Gross operating margin +€25,033
up €25,033 (+90.1%), from €27,796 to €52,828
- Other operating charges +€8,010
up €8,010 (+1,284%), from €624 to €8,634
- Taxes +€5,557
up €5,557 (+88.6%), from €6,271 to €11,828
- Financial income +€1,557
up €1,557 (+59.0%), from €2,642 to €4,199
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,208 | €112,130 | +€25,922 | +30.1% |
| Fixed assets | 21/28 | €379 | - | -€379 | |
| Tangible fixed assets | 22/27 | €379 | - | -€379 | |
| Furniture and vehicles | 24 | €379 | - | -€379 | |
| Current assets | 29/58 | €85,829 | €112,130 | +€26,300 | +30.6% |
| Amounts receivable within one year | 40/41 | €84,363 | €108,045 | +€23,682 | +28.1% |
| Trade receivables | 40 | €21,913 | €12,107 | -€9,806 | -44.8% |
| Other amounts receivable | 41 | €62,449 | €95,938 | +€33,488 | +53.6% |
| Cash at bank and in hand | 54/58 | €61 | €2,656 | +€2,595 | +4,251% |
| Deferred charges and accrued income | 490/1 | €1,406 | €1,429 | +€23 | +1.6% |
| Total equity and liabilities | 10/49 | €86,208 | €112,130 | +€25,922 | +30.1% |
| Equity | 10/15 | €55,613 | €90,716 | +€35,103 | +63.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €52,613 | €87,716 | +€35,103 | +66.7% |
| Distributable reserves | 133 | €52,613 | €87,716 | +€35,103 | +66.7% |
| Amounts payable | 17/49 | €30,595 | €21,414 | -€9,181 | -30.0% |
| Amounts payable within one year | 42/48 | €30,595 | €21,404 | -€9,191 | -30.0% |
| Trade debts | 44 | €19,834 | €3,315 | -€16,518 | -83.3% |
| Suppliers | 440/4 | €19,834 | €3,315 | -€16,518 | -83.3% |
| Taxes, remuneration and social security | 45 | €10,761 | €18,088 | +€7,327 | +68.1% |
| Taxes | 450/3 | €10,761 | €18,088 | +€7,327 | +68.1% |
| Accrued charges and deferred income | 492/3 | - | €10 | +€10 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €513 | €379 | -€135 | -26.2% |
| Other operating charges | 640/8 | €624 | €8,634 | +€8,010 | +1,284% |
| Gross operating margin | 9900 | €27,796 | €52,828 | +€25,033 | +90.1% |
| Operating profit (loss) | 9901 | €26,658 | €43,816 | +€17,157 | +64.4% |
| Financial income | 75/76B | €2,642 | €4,199 | +€1,557 | +59.0% |
| Recurring financial income | 75 | €2,642 | €4,199 | +€1,557 | +59.0% |
| Financial charges | 65/66B | €780 | €1,084 | +€304 | +38.9% |
| Recurring financial charges | 65 | €780 | €1,084 | +€304 | +38.9% |
| Profit (loss) for the period before taxes | 9903 | €28,520 | €46,931 | +€18,411 | +64.6% |
| Income taxes | 67/77 | €6,271 | €11,828 | +€5,557 | +88.6% |
| Profit (loss) for the period | 9904 | €22,249 | €35,103 | +€12,854 | +57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,249 | €35,103 | +€12,854 | +57.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.