PLAFO: 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.
PLAFO
Largest movements
- Receivables within one year -€40,016
down €40,016 (-16.0%), from €250,738 to €210,723
of which Trade receivables: -€31,832
- Deferred charges and accrued income +€9,475
up €9,475 (+915.7%), from €1,035 to €10,510
- Trade debts -€41,639
down €41,639 (-50.3%), from €82,842 to €41,204
- Debts after one year +€39,059
new in 2024: €39,059
- Profit (loss) carried forward -€30,545
down €30,545 (-49.0%), from €62,298 to €31,752
- Other debts -€27,611
down €27,611 (-98.2%), from €28,115 to €504
- Short-term financial debts +€21,679
up €21,679 (+70.6%), from €30,715 to €52,394
- Gross operating margin -€72,094
down €72,094, from €60,226 to -€11,868
- Taxes -€31,926
no longer reported in 2024 (was €31,926)
- Write-downs -€9,179
no longer reported in 2024 (was €9,179)
- Financial charges +€2,184
up €2,184 (+40.1%), from €5,448 to €7,632
- Depreciation -€1,437
down €1,437 (-12.8%), from €11,264 to €9,827
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 | €271,596 | €238,600 | -€32,996 | -12.1% |
| Fixed assets | 21/28 | €17,545 | €15,123 | -€2,423 | -13.8% |
| Tangible fixed assets | 22/27 | €17,495 | €15,073 | -€2,423 | -13.8% |
| Furniture and vehicles | 24 | €17,495 | €15,073 | -€2,423 | -13.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €254,051 | €223,477 | -€30,574 | -12.0% |
| Amounts receivable within one year | 40/41 | €250,738 | €210,723 | -€40,016 | -16.0% |
| Trade receivables | 40 | €206,426 | €174,594 | -€31,832 | -15.4% |
| Other amounts receivable | 41 | €44,312 | €36,128 | -€8,184 | -18.5% |
| Cash at bank and in hand | 54/58 | €2,278 | €2,245 | -€33 | -1.5% |
| Deferred charges and accrued income | 490/1 | €1,035 | €10,510 | +€9,475 | +915.7% |
| Total equity and liabilities | 10/49 | €271,596 | €238,600 | -€32,996 | -12.1% |
| Equity | 10/15 | €103,927 | €73,382 | -€30,545 | -29.4% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €33,570 | €33,570 | = | 0.0% |
| Tax-exempt reserves | 132 | €33,570 | €33,570 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,298 | €31,752 | -€30,545 | -49.0% |
| Provisions and deferred taxes | 16 | €8,392 | €8,392 | = | 0.0% |
| Deferred taxes | 168 | €8,392 | €8,392 | = | 0.0% |
| Amounts payable | 17/49 | €159,277 | €156,826 | -€2,451 | -1.5% |
| Amounts payable after more than one year | 17 | - | €39,059 | +€39,059 | |
| Financial debts | 170/4 | - | €39,059 | +€39,059 | |
| Amounts payable within one year | 42/48 | €158,706 | €117,589 | -€41,117 | -25.9% |
| Current portion of amounts payable after more than one year | 42 | - | €11,432 | +€11,432 | |
| Financial debts | 43 | €30,715 | €52,394 | +€21,679 | +70.6% |
| Credit institutions | 430/8 | €30,715 | €52,394 | +€21,679 | +70.6% |
| Trade debts | 44 | €82,842 | €41,204 | -€41,639 | -50.3% |
| Suppliers | 440/4 | €82,842 | €41,204 | -€41,639 | -50.3% |
| Taxes, remuneration and social security | 45 | €17,033 | €12,056 | -€4,978 | -29.2% |
| Taxes | 450/3 | €12,033 | €12,033 | = | 0.0% |
| Remuneration and social security | 454/9 | €5,000 | €22 | -€4,978 | -99.6% |
| Other amounts payable | 47/48 | €28,115 | €504 | -€27,611 | -98.2% |
| Accrued charges and deferred income | 492/3 | €571 | €178 | -€393 | -68.9% |
| Non-recurring operating income | 76A | - | €32,587 | +€32,587 | |
| Remuneration, social security and pensions | 62 | - | €359 | +€359 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,264 | €9,827 | -€1,437 | -12.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,179 | - | -€9,179 | |
| Other operating charges | 640/8 | €1,494 | €766 | -€728 | -48.8% |
| Non-recurring operating charges | 66A | - | €100 | +€100 | |
| Gross operating margin | 9900 | €60,226 | -€11,868 | -€72,094 | |
| Operating profit (loss) | 9901 | €38,288 | -€22,920 | -€61,208 | |
| Financial income | 75/76B | €24 | €6 | -€18 | -73.6% |
| Recurring financial income | 75 | €24 | €6 | -€18 | -73.6% |
| Financial charges | 65/66B | €5,448 | €7,632 | +€2,184 | +40.1% |
| Recurring financial charges | 65 | €5,448 | €7,632 | +€2,184 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | €32,864 | -€30,545 | -€63,409 | |
| Income taxes | 67/77 | €31,926 | - | -€31,926 | |
| Profit (loss) for the period | 9904 | €939 | -€30,545 | -€31,484 | |
| Profit (loss) for the period to be appropriated | 9905 | €939 | -€30,545 | -€31,484 |
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 9 October 2026 via checked.be.