PLAKONI PROJECTS: 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.
PLAKONI PROJECTS
Largest movements
- Stocks and contracts +€156,717
up €156,717 (+43.9%), from €357,167 to €513,884
of which Contracts in progress: +€161,349
- Tangible fixed assets -€35,679
down €35,679 (-20.8%), from €171,619 to €135,940
- Cash -€26,889
down €26,889 (-70.9%), from €37,902 to €11,013
mainly Stocks and contracts (-€156,717) and Trade debts (-€41,417)
- Deferred charges and accrued income +€19,673
up €19,673 (+74.6%), from €26,374 to €46,048
- Tax, wage and social debts +€97,731
up €97,731 (+90.8%), from €107,679 to €205,410
of which Taxes: +€96,395
- Reserves +€42,502
up €42,502 (+5.4%), from €788,468 to €830,971
- Trade debts -€41,417
down €41,417 (-17.6%), from €235,404 to €193,987
- Other debts +€26,210
new in 2025: €26,210
- Debts after one year -€24,392
down €24,392 (-5.2%), from €465,123 to €440,731
- Gross operating margin -€283,479
down €283,479 (-34.3%), from €826,098 to €542,619
- Write-downs -€117,791
down €117,791, from €99,124 to -€18,666
- Taxes -€30,126
down €30,126 (-64.1%), from €47,013 to €16,887
- Staff costs -€29,443
down €29,443 (-6.4%), from €463,579 to €434,136
- Financial income +€19,731
up €19,731 (+94,134%), from €21 to €19,752
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.
Derived cash bridge
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 | €1,690,708 | €1,797,039 | +€106,331 | +6.3% |
| Fixed assets | 21/28 | €171,619 | €135,940 | -€35,679 | -20.8% |
| Tangible fixed assets | 22/27 | €171,619 | €135,940 | -€35,679 | -20.8% |
| Plant, machinery and equipment | 23 | €60,114 | €45,150 | -€14,964 | -24.9% |
| Furniture and vehicles | 24 | €30,179 | €22,487 | -€7,692 | -25.5% |
| Other tangible fixed assets | 26 | €81,326 | €68,303 | -€13,023 | -16.0% |
| Current assets | 29/58 | €1,519,089 | €1,661,099 | +€142,010 | +9.3% |
| Stocks and contracts in progress | 3 | €357,167 | €513,884 | +€156,717 | +43.9% |
| Stocks | 30/36 | €65,812 | €61,181 | -€4,631 | -7.0% |
| Contracts in progress | 37 | €291,354 | €452,703 | +€161,349 | +55.4% |
| Amounts receivable within one year | 40/41 | €1,097,646 | €1,090,154 | -€7,492 | -0.7% |
| Trade receivables | 40 | €1,071,205 | €1,057,154 | -€14,051 | -1.3% |
| Other amounts receivable | 41 | €26,441 | €33,000 | +€6,559 | +24.8% |
| Cash at bank and in hand | 54/58 | €37,902 | €11,013 | -€26,889 | -70.9% |
| Deferred charges and accrued income | 490/1 | €26,374 | €46,048 | +€19,673 | +74.6% |
| Total equity and liabilities | 10/49 | €1,690,708 | €1,797,039 | +€106,331 | +6.3% |
| Equity | 10/15 | €807,068 | €849,571 | +€42,502 | +5.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €788,468 | €830,971 | +€42,502 | +5.4% |
| Distributable reserves | 133 | €788,468 | €830,971 | +€42,502 | +5.4% |
| Amounts payable | 17/49 | €883,640 | €947,469 | +€63,829 | +7.2% |
| Amounts payable after more than one year | 17 | €465,123 | €440,731 | -€24,392 | -5.2% |
| Financial debts | 170/4 | €465,123 | €440,731 | -€24,392 | -5.2% |
| Amounts payable within one year | 42/48 | €418,516 | €503,892 | +€85,376 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €24,646 | €24,392 | -€254 | -1.0% |
| Financial debts | 43 | €50,787 | €53,893 | +€3,106 | +6.1% |
| Credit institutions | 430/8 | €50,787 | €53,893 | +€3,106 | +6.1% |
| Trade debts | 44 | €235,404 | €193,987 | -€41,417 | -17.6% |
| Suppliers | 440/4 | €235,404 | €193,987 | -€41,417 | -17.6% |
| Taxes, remuneration and social security | 45 | €107,679 | €205,410 | +€97,731 | +90.8% |
| Taxes | 450/3 | €42,581 | €138,976 | +€96,395 | +226% |
| Remuneration and social security | 454/9 | €65,098 | €66,433 | +€1,335 | +2.1% |
| Other amounts payable | 47/48 | - | €26,210 | +€26,210 | |
| Accrued charges and deferred income | 492/3 | - | €2,845 | +€2,845 | |
| Non-recurring operating income | 76A | €14,464 | €2,000 | -€12,464 | -86.2% |
| Remuneration, social security and pensions | 62 | €463,579 | €434,136 | -€29,443 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,843 | €50,878 | +€1,035 | +2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €99,124 | -€18,666 | -€117,791 | |
| Other operating charges | 640/8 | €4,859 | €5,182 | +€323 | +6.6% |
| Gross operating margin | 9900 | €826,098 | €542,619 | -€283,479 | -34.3% |
| Operating profit (loss) | 9901 | €208,693 | €71,090 | -€137,603 | -65.9% |
| Financial income | 75/76B | €21 | €19,752 | +€19,731 | +94,134% |
| Recurring financial income | 75 | €21 | €19,752 | +€19,731 | +94,134% |
| Financial charges | 65/66B | €31,289 | €31,452 | +€163 | +0.5% |
| Recurring financial charges | 65 | €31,289 | €31,452 | +€163 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €177,425 | €59,390 | -€118,036 | -66.5% |
| Income taxes | 67/77 | €47,013 | €16,887 | -€30,126 | -64.1% |
| Profit (loss) for the period | 9904 | €130,412 | €42,502 | -€87,909 | -67.4% |
| Profit (loss) for the period to be appropriated | 9905 | €130,412 | €42,502 | -€87,909 | -67.4% |
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 22 October 2026 via checked.be.