PLACOFORT: 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.
PLACOFORT
Largest movements
- Receivables within one year +€26,516
up €26,516 (+25.8%), from €102,854 to €129,370
of which Trade receivables: +€24,716
- Deferred charges and accrued income -€14,989
no longer reported in 2024 (was €14,989)
- Cash -€12,321
down €12,321 (-20.7%), from €59,549 to €47,228
mainly Receivables within one year (-€26,516) and Net result for the year (-€10,191)
- Tax, wage and social debts +€10,629
up €10,629 (+239.6%), from €4,436 to €15,064
of which Taxes: +€5,930
- Profit (loss) carried forward -€10,191
down €10,191 (-30.6%), from €33,299 to €23,109
- Trade debts -€9,840
down €9,840 (-26.4%), from €37,290 to €27,450
- Other debts +€5,473
up €5,473 (+1807.5%), from €303 to €5,776
- Short-term financial debts +€2,074
up €2,074 (+2.3%), from €89,276 to €91,350
- Purchases and services -€43,937
down €43,937 (-6.1%), from €717,815 to €673,879
- Turnover -€16,539
down €16,539 (-2.3%), from €718,791 to €702,252
- Staff costs +€12,992
up €12,992 (+66.8%), from €19,459 to €32,451
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.
Cash bridge derived
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 | €180,663 | €178,809 | -€1,854 | -1.0% |
| Fixed assets | 21/28 | €3,270 | €2,210 | -€1,059 | -32.4% |
| Tangible fixed assets | 22/27 | €3,270 | €2,210 | -€1,059 | -32.4% |
| Furniture and vehicles | 24 | €3,270 | €2,210 | -€1,059 | -32.4% |
| Current assets | 29/58 | €177,393 | €176,599 | -€795 | -0.4% |
| Amounts receivable within one year | 40/41 | €102,854 | €129,370 | +€26,516 | +25.8% |
| Trade receivables | 40 | €93,682 | €118,398 | +€24,716 | +26.4% |
| Other amounts receivable | 41 | €9,172 | €10,973 | +€1,800 | +19.6% |
| Cash at bank and in hand | 54/58 | €59,549 | €47,228 | -€12,321 | -20.7% |
| Deferred charges and accrued income | 490/1 | €14,989 | - | -€14,989 | |
| Total equity and liabilities | 10/49 | €180,663 | €178,809 | -€1,854 | -1.0% |
| Equity | 10/15 | €49,359 | €39,168 | -€10,191 | -20.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,392 | €12,392 | = | 0.0% |
| Reserves | 13 | €9,859 | €9,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,299 | €23,109 | -€10,191 | -30.6% |
| Amounts payable | 17/49 | €131,304 | €139,641 | +€8,337 | +6.3% |
| Amounts payable within one year | 42/48 | €131,304 | €139,641 | +€8,337 | +6.3% |
| Financial debts | 43 | €89,276 | €91,350 | +€2,074 | +2.3% |
| Credit institutions | 430/8 | €89,276 | €91,350 | +€2,074 | +2.3% |
| Trade debts | 44 | €37,290 | €27,450 | -€9,840 | -26.4% |
| Suppliers | 440/4 | €37,290 | €27,450 | -€9,840 | -26.4% |
| Taxes, remuneration and social security | 45 | €4,436 | €15,064 | +€10,629 | +239.6% |
| Taxes | 450/3 | €1,370 | €7,300 | +€5,930 | +433.0% |
| Remuneration and social security | 454/9 | €3,066 | €7,765 | +€4,699 | +153.2% |
| Other amounts payable | 47/48 | €303 | €5,776 | +€5,473 | +1807.5% |
| Turnover | 70 | €718,791 | €702,252 | -€16,539 | -2.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €717,815 | €673,879 | -€43,937 | -6.1% |
| Remuneration, social security and pensions | 62 | €19,459 | €32,451 | +€12,992 | +66.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,285 | €1,844 | +€559 | +43.5% |
| Other operating charges | 640/8 | €2,079 | €2,079 | +€0 | 0.0% |
| Gross operating margin | 9900 | €36,796 | €36,656 | -€140 | -0.4% |
| Operating profit (loss) | 9901 | €13,973 | €282 | -€13,691 | -98.0% |
| Financial income | 75/76B | €371 | €98 | -€273 | -73.5% |
| Recurring financial income | 75 | €371 | €98 | -€273 | -73.5% |
| Financial charges | 65/66B | €14,338 | €10,571 | -€3,767 | -26.3% |
| Recurring financial charges | 65 | €14,338 | €10,571 | -€3,767 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €7 | -€10,191 | -€10,197 | |
| Income taxes | 67/77 | -€344 | - | +€344 | |
| Profit (loss) for the period | 9904 | €351 | -€10,191 | -€10,542 | |
| Profit (loss) for the period to be appropriated | 9905 | €351 | -€10,191 | -€10,542 |
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 10 October 2026 via checked.be.