Plan-B: 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.
Plan-B
Largest movements
- Receivables within one year +€64,251
up €64,251 (+755.2%), from €8,508 to €72,759
of which Other amounts receivable: +€45,489
- Tangible fixed assets -€2,447
down €2,447 (-10.3%), from €23,792 to €21,345
of which Other tangible fixed assets: -€3,041
- Deferred charges and accrued income -€1,938
no longer reported in 2025 (was €1,938)
- Cash +€1,382
up €1,382 (+227.5%), from €608 to €1,990
mainly Other debts (+€54,769) and Trade debts (+€21,764)
- Other debts +€54,769
up €54,769 (+63.1%), from €86,782 to €141,551
- Trade debts +€21,764
up €21,764 (+235.0%), from €9,260 to €31,024
- Debts after one year -€12,344
down €12,344 (-74.6%), from €16,540 to €4,196
- Tax, wage and social debts -€3,421
down €3,421 (-81.0%), from €4,223 to €802
- Profit (loss) carried forward +€2,470
up €2,470 (+2.7%), from -€90,495 to -€88,025
- Financial income +€2,045
up €2,045 (+215241.1%), from €1 to €2,046
- Other operating charges +€1,939
up €1,939 (+113.8%), from €1,705 to €3,644
- Staff costs +€1,684
up €1,684 (+20.7%), from €8,146 to €9,830
- Financial charges -€801
down €801 (-45.0%), from €1,781 to €980
- Gross operating margin +€321
up €321 (+1.7%), from €19,124 to €19,445
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 | €49,614 | €111,213 | +€61,599 | +124.2% |
| Fixed assets | 21/28 | €34,301 | €31,854 | -€2,447 | -7.1% |
| Tangible fixed assets | 22/27 | €23,792 | €21,345 | -€2,447 | -10.3% |
| Plant, machinery and equipment | 23 | €2,580 | €3,684 | +€1,104 | +42.8% |
| Furniture and vehicles | 24 | €1,166 | €656 | -€510 | -43.7% |
| Other tangible fixed assets | 26 | €20,046 | €17,005 | -€3,041 | -15.2% |
| Financial fixed assets | 28 | €10,509 | €10,509 | = | 0.0% |
| Current assets | 29/58 | €15,314 | €79,359 | +€64,045 | +418.2% |
| Stocks and contracts in progress | 3 | €4,260 | €4,610 | +€350 | +8.2% |
| Stocks | 30/36 | €4,260 | €4,610 | +€350 | +8.2% |
| Amounts receivable within one year | 40/41 | €8,508 | €72,759 | +€64,251 | +755.2% |
| Trade receivables | 40 | €8,508 | €27,270 | +€18,762 | +220.5% |
| Other amounts receivable | 41 | - | €45,489 | +€45,489 | |
| Cash at bank and in hand | 54/58 | €608 | €1,990 | +€1,382 | +227.5% |
| Deferred charges and accrued income | 490/1 | €1,938 | - | -€1,938 | |
| Total equity and liabilities | 10/49 | €49,614 | €111,213 | +€61,599 | +124.2% |
| Equity | 10/15 | -€83,495 | -€81,025 | +€2,470 | +3.0% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,495 | -€88,025 | +€2,470 | +2.7% |
| Amounts payable | 17/49 | €133,109 | €192,238 | +€59,128 | +44.4% |
| Amounts payable after more than one year | 17 | €16,540 | €4,196 | -€12,344 | -74.6% |
| Financial debts | 170/4 | €16,540 | €4,196 | -€12,344 | -74.6% |
| Amounts payable within one year | 42/48 | €112,249 | €185,721 | +€73,472 | +65.5% |
| Current portion of amounts payable after more than one year | 42 | €11,984 | €12,344 | +€360 | +3.0% |
| Trade debts | 44 | €9,260 | €31,024 | +€21,764 | +235.0% |
| Suppliers | 440/4 | €9,260 | €31,024 | +€21,764 | +235.0% |
| Taxes, remuneration and social security | 45 | €4,223 | €802 | -€3,421 | -81.0% |
| Taxes | 450/3 | €4,223 | €802 | -€3,421 | -81.0% |
| Other amounts payable | 47/48 | €86,782 | €141,551 | +€54,769 | +63.1% |
| Accrued charges and deferred income | 492/3 | €4,320 | €2,321 | -€1,999 | -46.3% |
| Non-recurring operating income | 76A | - | €1,040 | +€1,040 | |
| Remuneration, social security and pensions | 62 | €8,146 | €9,830 | +€1,684 | +20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,265 | €4,567 | +€302 | +7.1% |
| Other operating charges | 640/8 | €1,705 | €3,644 | +€1,939 | +113.8% |
| Gross operating margin | 9900 | €19,124 | €19,445 | +€321 | +1.7% |
| Operating profit (loss) | 9901 | €5,009 | €1,405 | -€3,604 | -72.0% |
| Financial income | 75/76B | €1 | €2,046 | +€2,045 | +215241.1% |
| Recurring financial income | 75 | €1 | €2,046 | +€2,045 | +215241.1% |
| Financial charges | 65/66B | €1,781 | €980 | -€801 | -45.0% |
| Recurring financial charges | 65 | €1,781 | €980 | -€801 | -45.0% |
| Profit (loss) for the period before taxes | 9903 | €3,229 | €2,470 | -€759 | -23.5% |
| Profit (loss) for the period | 9904 | €3,229 | €2,470 | -€759 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,229 | €2,470 | -€759 | -23.5% |
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.