PLACOGYP: 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.
PLACOGYP
Largest movements
- Tangible fixed assets -€9,544
down €9,544 (-33.4%), from €28,607 to €19,063
of which Furniture and vehicles: -€9,253
- Current investments +€4,384
new in 2025: €4,384
- Cash -€3,812
down €3,812 (-21.3%), from €17,920 to €14,107
mainly Tax, wage and social debts (-€40,053) and Current portion of long-term debt (-€16,728)
- Tax, wage and social debts -€40,053
down €40,053 (-39.3%), from €102,025 to €61,972
of which Remuneration and social security: -€38,636
- Provisions +€31,500
new in 2025: €31,500
- Current portion of long-term debt -€16,728
down €16,728 (-86.0%), from €19,461 to €2,733
- Other debts +€13,416
up €13,416 (+1741.8%), from €770 to €14,186
- Profit (loss) carried forward +€8,611
up €8,611 (+39.3%), from €21,883 to €30,494
- Staff costs -€22,122
down €22,122 (-59.4%), from €37,256 to €15,133
- Gross operating margin -€15,322
down €15,322 (-19.2%), from €79,705 to €64,383
- Financial charges +€7,398
up €7,398 (+274.0%), from €2,699 to €10,097
- Depreciation -€1,322
down €1,322 (-10.9%), from €12,116 to €10,794
- Other operating charges -€1,226
down €1,226 (-20.5%), from €5,994 to €4,768
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 | €186,515 | €180,954 | -€5,561 | -3.0% |
| Fixed assets | 21/28 | €33,587 | €24,043 | -€9,544 | -28.4% |
| Tangible fixed assets | 22/27 | €28,607 | €19,063 | -€9,544 | -33.4% |
| Plant, machinery and equipment | 23 | €748 | €457 | -€291 | -38.9% |
| Furniture and vehicles | 24 | €27,859 | €18,606 | -€9,253 | -33.2% |
| Financial fixed assets | 28 | €4,980 | €4,980 | = | 0.0% |
| Current assets | 29/58 | €152,928 | €156,911 | +€3,983 | +2.6% |
| Amounts receivable within one year | 40/41 | €126,615 | €128,164 | +€1,549 | +1.2% |
| Trade receivables | 40 | €1,101 | €595 | -€506 | -46.0% |
| Other amounts receivable | 41 | €125,514 | €127,569 | +€2,055 | +1.6% |
| Current investments | 50/53 | - | €4,384 | +€4,384 | |
| Cash at bank and in hand | 54/58 | €17,920 | €14,107 | -€3,812 | -21.3% |
| Deferred charges and accrued income | 490/1 | €8,393 | €10,256 | +€1,863 | +22.2% |
| Total equity and liabilities | 10/49 | €186,515 | €180,954 | -€5,561 | -3.0% |
| Equity | 10/15 | €50,173 | €58,784 | +€8,611 | +17.2% |
| Contributions | 10/11 | €13,900 | €13,900 | = | 0.0% |
| Reserves | 13 | €14,390 | €14,390 | = | 0.0% |
| Distributable reserves | 133 | €14,390 | €14,390 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,883 | €30,494 | +€8,611 | +39.3% |
| Provisions and deferred taxes | 16 | - | €31,500 | +€31,500 | |
| Provisions for liabilities and charges | 160/5 | - | €31,500 | +€31,500 | |
| Taxes | 161 | - | €21,500 | +€21,500 | |
| Environmental obligations | 163 | - | €10,000 | +€10,000 | |
| Amounts payable | 17/49 | €136,342 | €90,670 | -€45,672 | -33.5% |
| Amounts payable after more than one year | 17 | €2,733 | - | -€2,733 | |
| Financial debts | 170/4 | €2,733 | - | -€2,733 | |
| Amounts payable within one year | 42/48 | €131,109 | €88,670 | -€42,439 | -32.4% |
| Current portion of amounts payable after more than one year | 42 | €19,461 | €2,733 | -€16,728 | -86.0% |
| Financial debts | 43 | - | €214 | +€214 | |
| Credit institutions | 430/8 | - | €214 | +€214 | |
| Trade debts | 44 | €8,852 | €3,358 | -€5,494 | -62.1% |
| Suppliers | 440/4 | €8,852 | €3,358 | -€5,494 | -62.1% |
| Advances received on contracts in progress | 46 | - | €6,207 | +€6,207 | |
| Taxes, remuneration and social security | 45 | €102,025 | €61,972 | -€40,053 | -39.3% |
| Taxes | 450/3 | €58,396 | €56,979 | -€1,417 | -2.4% |
| Remuneration and social security | 454/9 | €43,629 | €4,993 | -€38,636 | -88.6% |
| Other amounts payable | 47/48 | €770 | €14,186 | +€13,416 | +1741.8% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,000 | -€500 | -20.0% |
| Non-recurring operating income | 76A | €66 | - | -€66 | |
| Remuneration, social security and pensions | 62 | €37,256 | €15,133 | -€22,122 | -59.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,116 | €10,794 | -€1,322 | -10.9% |
| Other operating charges | 640/8 | €5,994 | €4,768 | -€1,226 | -20.5% |
| Non-recurring operating charges | 66A | €4,900 | €10,238 | +€5,338 | +108.9% |
| Gross operating margin | 9900 | €79,705 | €64,383 | -€15,322 | -19.2% |
| Operating profit (loss) | 9901 | €19,440 | €23,450 | +€4,010 | +20.6% |
| Financial income | 75/76B | €4,549 | €3,746 | -€803 | -17.7% |
| Recurring financial income | 75 | €4,549 | €3,746 | -€803 | -17.7% |
| Financial charges | 65/66B | €2,699 | €10,097 | +€7,398 | +274.0% |
| Recurring financial charges | 65 | €2,699 | €10,097 | +€7,398 | +274.0% |
| Profit (loss) for the period before taxes | 9903 | €21,289 | €17,099 | -€4,190 | -19.7% |
| Income taxes | 67/77 | €8,917 | €8,488 | -€429 | -4.8% |
| Profit (loss) for the period | 9904 | €12,372 | €8,611 | -€3,761 | -30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,372 | €8,611 | -€3,761 | -30.4% |
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 12 October 2026 via checked.be.