PLAFOGYP: 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.
PLAFOGYP
Largest movements
- Deferred charges and accrued income +€11,040
up €11,040 (+20444.4%), from €54 to €11,094
- Tangible fixed assets -€4,099
down €4,099 (-50.8%), from €8,071 to €3,972
of which Furniture and vehicles: -€2,405
- Receivables within one year +€4,027
up €4,027 (+46.3%), from €8,700 to €12,727
- Cash +€512
up €512 (+7.8%), from €6,556 to €7,068
mainly Net result for the year (+€7,980) and Tax, wage and social debts (+€4,688)
- Tax, wage and social debts +€4,688
up €4,688 (+99.6%), from €4,708 to €9,396
of which Taxes: +€2,464
- Reserves +€3,900
up €3,900 (+23.7%), from €16,460 to €20,360
- Other debts +€3,180
up €3,180 (+29.9%), from €10,631 to €13,811
- Accrued charges and deferred income -€1,100
no longer reported in 2025 (was €1,100)
- Trade debts +€732
up €732 (+113.7%), from €644 to €1,376
- Gross operating margin +€4,469
up €4,469 (+40.0%), from €11,164 to €15,633
- Depreciation -€1,794
down €1,794 (-30.4%), from €5,893 to €4,099
- Taxes +€1,670
new in 2025: €1,670
- Financial charges +€1,400
up €1,400 (+390.0%), from €359 to €1,759
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 | €23,381 | €34,861 | +€11,480 | +49.1% |
| Fixed assets | 21/28 | €8,071 | €3,972 | -€4,099 | -50.8% |
| Tangible fixed assets | 22/27 | €8,071 | €3,972 | -€4,099 | -50.8% |
| Plant, machinery and equipment | 23 | €3,541 | €2,036 | -€1,505 | -42.5% |
| Furniture and vehicles | 24 | €3,020 | €615 | -€2,405 | -79.6% |
| Other tangible fixed assets | 26 | €1,510 | €1,321 | -€189 | -12.5% |
| Current assets | 29/58 | €15,310 | €30,889 | +€15,579 | +101.8% |
| Amounts receivable within one year | 40/41 | €8,700 | €12,727 | +€4,027 | +46.3% |
| Trade receivables | 40 | €8,700 | €12,727 | +€4,027 | +46.3% |
| Cash at bank and in hand | 54/58 | €6,556 | €7,068 | +€512 | +7.8% |
| Deferred charges and accrued income | 490/1 | €54 | €11,094 | +€11,040 | +20444.4% |
| Total equity and liabilities | 10/49 | €23,381 | €34,861 | +€11,480 | +49.1% |
| Equity | 10/15 | €6,298 | €10,278 | +€3,980 | +63.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,460 | €20,360 | +€3,900 | +23.7% |
| Distributable reserves | 133 | €16,460 | €20,360 | +€3,900 | +23.7% |
| Profit (loss) carried forward | 14 | -€16,362 | -€16,282 | +€80 | +0.5% |
| Amounts payable | 17/49 | €17,083 | €24,583 | +€7,500 | +43.9% |
| Amounts payable within one year | 42/48 | €15,983 | €24,583 | +€8,600 | +53.8% |
| Trade debts | 44 | €644 | €1,376 | +€732 | +113.7% |
| Suppliers | 440/4 | €644 | €1,376 | +€732 | +113.7% |
| Taxes, remuneration and social security | 45 | €4,708 | €9,396 | +€4,688 | +99.6% |
| Taxes | 450/3 | €3,601 | €6,065 | +€2,464 | +68.4% |
| Remuneration and social security | 454/9 | €1,107 | €3,331 | +€2,224 | +200.9% |
| Other amounts payable | 47/48 | €10,631 | €13,811 | +€3,180 | +29.9% |
| Accrued charges and deferred income | 492/3 | €1,100 | - | -€1,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,893 | €4,099 | -€1,794 | -30.4% |
| Other operating charges | 640/8 | €128 | €136 | +€8 | +6.3% |
| Non-recurring operating charges | 66A | €3,147 | - | -€3,147 | |
| Gross operating margin | 9900 | €11,164 | €15,633 | +€4,469 | +40.0% |
| Operating profit (loss) | 9901 | €1,996 | €11,398 | +€9,402 | +471.0% |
| Financial income | 75/76B | €9 | €11 | +€2 | +22.2% |
| Recurring financial income | 75 | €9 | €11 | +€2 | +22.2% |
| Financial charges | 65/66B | €359 | €1,759 | +€1,400 | +390.0% |
| Recurring financial charges | 65 | €359 | €1,759 | +€1,400 | +390.0% |
| Profit (loss) for the period before taxes | 9903 | €1,646 | €9,650 | +€8,004 | +486.3% |
| Income taxes | 67/77 | - | €1,670 | +€1,670 | |
| Profit (loss) for the period | 9904 | €1,646 | €7,980 | +€6,334 | +384.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,646 | €7,980 | +€6,334 | +384.8% |
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 10 October 2026 via checked.be.