PLAFONDSQUARE: 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.
PLAFONDSQUARE
Largest movements
- Current investments +€101,597
up €101,597 (+90.6%), from €112,179 to €213,775
- Cash -€87,913
down €87,913 (-60.3%), from €145,798 to €57,885
mainly Current investments (-€101,597) and Receivables within one year (-€13,638)
- Receivables within one year +€13,638
up €13,638 (+16.1%), from €84,858 to €98,496
of which Other amounts receivable: +€7,382
- Tangible fixed assets -€10,551
down €10,551 (-3.3%), from €321,799 to €311,248
- Reserves +€18,000
up €18,000 (+84.9%), from €21,197 to €39,197
of which Distributable reserves: +€18,000
- Profit (loss) carried forward +€8,073
up €8,073 (+1.3%), from €613,214 to €621,287
- Taxes -€7,522
down €7,522 (-75.4%), from €9,977 to €2,455
- Other operating charges -€1,809
no longer reported in 2025 (was €1,809)
- Gross operating margin -€1,636
down €1,636 (-4.1%), from €39,961 to €38,325
- Depreciation -€600
down €600 (-5.4%), from €11,151 to €10,551
- Financial income +€413
up €413 (+93.8%), from €440 to €853
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 | €709,633 | €726,404 | +€16,770 | +2.4% |
| Fixed assets | 21/28 | €321,799 | €311,248 | -€10,551 | -3.3% |
| Tangible fixed assets | 22/27 | €321,799 | €311,248 | -€10,551 | -3.3% |
| Land and buildings | 22 | €321,799 | €311,248 | -€10,551 | -3.3% |
| Current assets | 29/58 | €387,834 | €415,156 | +€27,321 | +7.0% |
| Amounts receivable after more than one year | 29 | €45,000 | €45,000 | = | 0.0% |
| Other amounts receivable | 291 | €45,000 | €45,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €84,858 | €98,496 | +€13,638 | +16.1% |
| Trade receivables | 40 | €47,134 | €53,390 | +€6,256 | +13.3% |
| Other amounts receivable | 41 | €37,724 | €45,106 | +€7,382 | +19.6% |
| Current investments | 50/53 | €112,179 | €213,775 | +€101,597 | +90.6% |
| Cash at bank and in hand | 54/58 | €145,798 | €57,885 | -€87,913 | -60.3% |
| Total equity and liabilities | 10/49 | €709,633 | €726,404 | +€16,770 | +2.4% |
| Equity | 10/15 | €696,385 | €722,458 | +€26,073 | +3.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €21,197 | €39,197 | +€18,000 | +84.9% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €33,000 | +€18,000 | +120.0% |
| Profit (loss) carried forward | 14 | €613,214 | €621,287 | +€8,073 | +1.3% |
| Amounts payable | 17/49 | €13,248 | €3,946 | -€9,303 | -70.2% |
| Amounts payable within one year | 42/48 | €13,248 | €3,946 | -€9,303 | -70.2% |
| Trade debts | 44 | €5,789 | €2,990 | -€2,799 | -48.3% |
| Suppliers | 440/4 | €5,789 | €2,990 | -€2,799 | -48.3% |
| Taxes, remuneration and social security | 45 | €7,459 | €955 | -€6,504 | -87.2% |
| Taxes | 450/3 | €7,459 | €955 | -€6,504 | -87.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,151 | €10,551 | -€600 | -5.4% |
| Other operating charges | 640/8 | €1,809 | - | -€1,809 | |
| Gross operating margin | 9900 | €39,961 | €38,325 | -€1,636 | -4.1% |
| Operating profit (loss) | 9901 | €27,001 | €27,774 | +€773 | +2.9% |
| Financial income | 75/76B | €440 | €853 | +€413 | +93.8% |
| Recurring financial income | 75 | €440 | €853 | +€413 | +93.8% |
| Financial charges | 65/66B | €67 | €98 | +€31 | +45.6% |
| Recurring financial charges | 65 | €67 | €98 | +€31 | +45.6% |
| Profit (loss) for the period before taxes | 9903 | €27,374 | €28,528 | +€1,154 | +4.2% |
| Income taxes | 67/77 | €9,977 | €2,455 | -€7,522 | -75.4% |
| Profit (loss) for the period | 9904 | €17,397 | €26,073 | +€8,676 | +49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,397 | €26,073 | +€8,676 | +49.9% |
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 2 October 2026 via checked.be.