PLAINE 17: what changed
What changed
PLAINE 17
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
-€1.5m
2024 · -€927,103-€530,845
Equity
-€398,023
2024 · €1.1m-€1.5m
Cash
€0
2024 · €229,606-€229,606
Balance sheet total
€17.5m
2024 · €17.1m+€408,699
Largest movements
Assets
- Tangible fixed assets +€751,600
up €751,600 (+4.6%), from €16.3m to €17.0m
of which Assets under construction and advance payments: +€1.1m
- Cash -€229,606
down €229,606 (-100%), from €229,606 to €0
mainly Net result for the year (-€1.5m) and Investment in fixed assets (net) (-€1.1m)
Equity and liabilities
- Profit (loss) carried forward -€1.5m
down €1.5m (-66.3%), from -€2.2m to -€3.7m
- Debts after one year +€1.3m
up €1.3m (+11.1%), from €11.6m to €12.9m
- Trade debts +€342,770
up €342,770 (+49.8%), from €688,846 to €1.0m
- Short-term financial debts +€232,126
new in 2025: €232,126
- Other debts +€211,203
up €211,203 (+6.8%), from €3.1m to €3.3m
Income statement
- Write-downs +€301,560
new in 2025: €301,560
- Gross operating margin -€225,877
down €225,877 (-20.0%), from €1.1m to €904,653
- Other operating charges +€153,169
up €153,169 (+17.7%), from €863,450 to €1.0m
- Financial charges -€149,761
down €149,761 (-18.1%), from €826,410 to €676,649
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€927,103
Gross operating margin
-€225,877
Write-downs
-€301,560
Other operating charges
-€153,169
Financial charges
+€149,761
Result 2025
-€1.5m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€632,358
Investment
-€1.1m
Financing
+€1.5m
Cash 2024
€229,606
From operations (derived)
-€632,358
Net result for the year
-€1.5m
Depreciation
+€367,774
Receivables within one year
+€17,361
Deferred charges and accrued income
+€95,935
Trade debts
+€342,770
Tax, wage and social debts
-€3,923
Other debts
+€211,203
Accrued charges and deferred income
-€205,529
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Financing
+€1.5m
Debts after one year
+€1.3m
Short-term financial debts
+€232,126
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,095,588 | €17,504,286 | +€408,699 | +2.4% |
| Fixed assets | 21/28 | €16,288,012 | €17,039,612 | +€751,600 | +4.6% |
| Tangible fixed assets | 22/27 | €16,288,012 | €17,039,612 | +€751,600 | +4.6% |
| Land and buildings | 22 | €15,323,710 | €14,985,641 | -€338,069 | -2.2% |
| Plant, machinery and equipment | 23 | €246,231 | €216,527 | -€29,705 | -12.1% |
| Assets under construction and advance payments | 27 | €718,070 | €1,837,444 | +€1.1m | +156% |
| Current assets | 29/58 | €807,576 | €464,675 | -€342,902 | -42.5% |
| Amounts receivable within one year | 40/41 | €361,304 | €343,943 | -€17,361 | -4.8% |
| Trade receivables | 40 | €361,304 | €343,943 | -€17,361 | -4.8% |
| Cash at bank and in hand | 54/58 | €229,606 | €0 | -€229,606 | -100% |
| Deferred charges and accrued income | 490/1 | €216,667 | €120,732 | -€95,935 | -44.3% |
| Total equity and liabilities | 10/49 | €17,095,588 | €17,504,286 | +€408,699 | +2.4% |
| Equity | 10/15 | €1,059,925 | -€398,023 | -€1.5m | |
| Contributions | 10/11 | €3,260,000 | €3,260,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,200,075 | -€3,658,023 | -€1.5m | -66.3% |
| Amounts payable | 17/49 | €16,035,662 | €17,902,309 | +€1.9m | +11.6% |
| Amounts payable after more than one year | 17 | €11,643,750 | €12,933,750 | +€1.3m | +11.1% |
| Financial debts | 170/4 | €11,643,750 | €12,933,750 | +€1.3m | +11.1% |
| Amounts payable within one year | 42/48 | €3,905,332 | €4,687,508 | +€782,176 | +20.0% |
| Financial debts | 43 | - | €232,126 | +€232,126 | |
| Credit institutions | 430/8 | - | €232,126 | +€232,126 | |
| Trade debts | 44 | €688,846 | €1,031,615 | +€342,770 | +49.8% |
| Suppliers | 440/4 | €688,846 | €1,031,615 | +€342,770 | +49.8% |
| Advances received on contracts in progress | 46 | €103,100 | €103,100 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,609 | €686 | -€3,923 | -85.1% |
| Taxes | 450/3 | €4,609 | €686 | -€3,923 | -85.1% |
| Other amounts payable | 47/48 | €3,108,778 | €3,319,981 | +€211,203 | +6.8% |
| Accrued charges and deferred income | 492/3 | €486,580 | €281,051 | -€205,529 | -42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €367,774 | €367,774 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €301,560 | +€301,560 | |
| Other operating charges | 640/8 | €863,450 | €1,016,619 | +€153,169 | +17.7% |
| Gross operating margin | 9900 | €1,130,530 | €904,653 | -€225,877 | -20.0% |
| Operating profit (loss) | 9901 | -€100,694 | -€781,300 | -€680,606 | -676% |
| Financial charges | 65/66B | €826,410 | €676,649 | -€149,761 | -18.1% |
| Recurring financial charges | 65 | €826,410 | €676,649 | -€149,761 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | -€927,103 | -€1,457,948 | -€530,845 | -57.3% |
| Profit (loss) for the period | 9904 | -€927,103 | -€1,457,948 | -€530,845 | -57.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€927,103 | -€1,457,948 | -€530,845 | -57.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.