Plafam: 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.
Plafam
Largest movements
- Cash +€36,316
up €36,316 (+3588.5%), from €1,012 to €37,328
mainly Trade debts (+€45,175) and Net result for the year (+€42,158)
- Receivables within one year +€31,912
up €31,912 (+7.3%), from €434,508 to €466,420
of which Trade receivables: +€290,037
- Investment grants +€105,022
new in 2025: €105,022
- Profit (loss) carried forward -€62,864
down €62,864 (-59.9%), from €105,022 to €42,158
- Trade debts +€45,175
up €45,175 (+12.1%), from €374,834 to €420,009
- Tax, wage and social debts -€19,855
no longer reported in 2025 (was €19,855)
- Purchases and services -€146,417
down €146,417 (-18.3%), from €799,356 to €652,939
- Turnover -€103,373
down €103,373 (-12.9%), from €798,577 to €695,204
- Gross operating margin +€43,044
up €43,044, from -€779 to €42,265
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 | €507,771 | €575,249 | +€67,478 | +13.3% |
| Fixed assets | 21/28 | €2,251 | €1,501 | -€750 | -33.3% |
| Tangible fixed assets | 22/27 | €2,251 | €1,501 | -€750 | -33.3% |
| Plant, machinery and equipment | 23 | €865 | €577 | -€288 | -33.3% |
| Furniture and vehicles | 24 | €1,386 | €924 | -€462 | -33.3% |
| Current assets | 29/58 | €505,520 | €573,748 | +€68,228 | +13.5% |
| Stocks and contracts in progress | 3 | €70,000 | €70,000 | = | 0.0% |
| Stocks | 30/36 | €70,000 | €70,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €434,508 | €466,420 | +€31,912 | +7.3% |
| Trade receivables | 40 | €134,553 | €424,590 | +€290,037 | +215.6% |
| Other amounts receivable | 41 | €299,955 | €41,830 | -€258,125 | -86.1% |
| Cash at bank and in hand | 54/58 | €1,012 | €37,328 | +€36,316 | +3588.5% |
| Total equity and liabilities | 10/49 | €507,771 | €575,249 | +€67,478 | +13.3% |
| Equity | 10/15 | €113,082 | €155,240 | +€42,158 | +37.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,022 | €42,158 | -€62,864 | -59.9% |
| Investment grants | 15 | - | €105,022 | +€105,022 | |
| Amounts payable | 17/49 | €394,689 | €420,009 | +€25,320 | +6.4% |
| Amounts payable within one year | 42/48 | €394,689 | €420,009 | +€25,320 | +6.4% |
| Trade debts | 44 | €374,834 | €420,009 | +€45,175 | +12.1% |
| Suppliers | 440/4 | €374,834 | €420,009 | +€45,175 | +12.1% |
| Taxes, remuneration and social security | 45 | €19,855 | - | -€19,855 | |
| Taxes | 450/3 | €19,855 | - | -€19,855 | |
| Turnover | 70 | €798,577 | €695,204 | -€103,373 | -12.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €799,356 | €652,939 | -€146,417 | -18.3% |
| Gross operating margin | 9900 | -€779 | €42,265 | +€43,044 | |
| Operating profit (loss) | 9901 | -€779 | €42,265 | +€43,044 | |
| Financial charges | 65/66B | €43 | €107 | +€64 | +148.8% |
| Recurring financial charges | 65 | €43 | €107 | +€64 | +148.8% |
| Profit (loss) for the period before taxes | 9903 | -€822 | €42,158 | +€42,980 | |
| Profit (loss) for the period | 9904 | -€822 | €42,158 | +€42,980 | |
| Profit (loss) for the period to be appropriated | 9905 | -€822 | €42,158 | +€42,980 |
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 5 October 2026 via checked.be.