PLACS: what changed
Two fiscal 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.
PLACS
Largest movements
- Current investments +€72,221
up €72,221 (+38.1%), from €189,709 to €261,931
- Receivables within one year +€10,165
up €10,165 (+38.1%), from €26,696 to €36,861
of which Other amounts receivable: +€14,721
- Reserves +€56,421
up €56,421 (+22.2%), from €254,147 to €310,568
- Accrued charges and deferred income +€32,343
up €32,343 (+10213.6%), from €317 to €32,660
- Tax, wage and social debts -€7,545
no longer reported in 2025 (was €7,545)
- Gross operating margin -€12,640
down €12,640 (-13.5%), from €93,698 to €81,058
- Taxes -€4,188
down €4,188 (-13.6%), from €30,712 to €26,524
- Financial income +€2,523
up €2,523 (+330.5%), from €764 to €3,287
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 | €273,658 | €355,016 | +€81,357 | +29.7% |
| Fixed assets | 21/28 | €3,191 | €3,347 | +€156 | +4.9% |
| Tangible fixed assets | 22/27 | €3,191 | €3,347 | +€156 | +4.9% |
| Plant, machinery and equipment | 23 | €1,409 | €1,069 | -€340 | -24.2% |
| Furniture and vehicles | 24 | - | €1,039 | +€1,039 | |
| Other tangible fixed assets | 26 | €1,782 | €1,239 | -€543 | -30.5% |
| Current assets | 29/58 | €270,467 | €351,669 | +€81,202 | +30.0% |
| Amounts receivable within one year | 40/41 | €26,696 | €36,861 | +€10,165 | +38.1% |
| Trade receivables | 40 | €26,696 | €22,139 | -€4,557 | -17.1% |
| Other amounts receivable | 41 | - | €14,721 | +€14,721 | |
| Current investments | 50/53 | €189,709 | €261,931 | +€72,221 | +38.1% |
| Cash at bank and in hand | 54/58 | €49,171 | €48,304 | -€867 | -1.8% |
| Deferred charges and accrued income | 490/1 | €4,891 | €4,573 | -€317 | -6.5% |
| Total equity and liabilities | 10/49 | €273,658 | €355,016 | +€81,357 | +29.7% |
| Equity | 10/15 | €259,247 | €315,668 | +€56,421 | +21.8% |
| Contributions | 10/11 | €5,100 | €5,100 | = | 0.0% |
| Reserves | 13 | €254,147 | €310,568 | +€56,421 | +22.2% |
| Distributable reserves | 133 | €254,147 | €310,568 | +€56,421 | +22.2% |
| Amounts payable | 17/49 | €14,412 | €39,348 | +€24,936 | +173.0% |
| Amounts payable within one year | 42/48 | €14,095 | €6,688 | -€7,407 | -52.6% |
| Financial debts | 43 | €58 | - | -€58 | |
| Credit institutions | 430/8 | €58 | - | -€58 | |
| Trade debts | 44 | €800 | €3,661 | +€2,861 | +357.8% |
| Suppliers | 440/4 | €800 | €3,661 | +€2,861 | +357.8% |
| Taxes, remuneration and social security | 45 | €7,545 | - | -€7,545 | |
| Taxes | 450/3 | €7,545 | - | -€7,545 | |
| Other amounts payable | 47/48 | €5,693 | €3,027 | -€2,666 | -46.8% |
| Accrued charges and deferred income | 492/3 | €317 | €32,660 | +€32,343 | +10213.6% |
| Non-recurring operating income | 76A | - | €8,805 | +€8,805 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €836 | €943 | +€107 | +12.8% |
| Other operating charges | 640/8 | €813 | €400 | -€414 | -50.9% |
| Gross operating margin | 9900 | €93,698 | €81,058 | -€12,640 | -13.5% |
| Operating profit (loss) | 9901 | €92,049 | €79,716 | -€12,333 | -13.4% |
| Financial income | 75/76B | €764 | €3,287 | +€2,523 | +330.5% |
| Recurring financial income | 75 | €764 | €3,287 | +€2,523 | +330.5% |
| Financial charges | 65/66B | €30 | €57 | +€27 | +88.4% |
| Recurring financial charges | 65 | €30 | €57 | +€27 | +88.4% |
| Profit (loss) for the period before taxes | 9903 | €92,782 | €82,946 | -€9,837 | -10.6% |
| Income taxes | 67/77 | €30,712 | €26,524 | -€4,188 | -13.6% |
| Profit (loss) for the period | 9904 | €62,070 | €56,421 | -€5,649 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €62,070 | €56,421 | -€5,649 | -9.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.