Plan B 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.
Plan B Projects
Largest movements
- Cash +€89,520
up €89,520 (+65.5%), from €136,753 to €226,273
mainly Other debts (+€224,744) and Net result for the year (+€143,645)
- Receivables within one year -€31,819
down €31,819 (-40.7%), from €78,149 to €46,330
of which Other amounts receivable: -€29,283
- Other debts +€224,744
up €224,744 (+112%), from €200,220 to €424,964
- Reserves -€106,355
down €106,355 (-15.8%), from €673,554 to €567,199
- Debts after one year -€57,143
down €57,143 (-53.3%), from €107,143 to €50,000
- Gross operating margin +€6,825
up €6,825 (+6.2%), from €110,671 to €117,496
- Taxes +€1,964
up €1,964 (+7.1%), from €27,589 to €29,553
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 | €1,068,220 | €1,123,960 | +€55,740 | +5.2% |
| Fixed assets | 21/28 | €851,501 | €851,165 | -€336 | 0.0% |
| Tangible fixed assets | 22/27 | €465 | €0 | -€465 | -100% |
| Furniture and vehicles | 24 | €465 | €0 | -€465 | -100% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €851,037 | €851,165 | +€129 | 0.0% |
| Current assets | 29/58 | €216,718 | €272,794 | +€56,076 | +25.9% |
| Amounts receivable within one year | 40/41 | €78,149 | €46,330 | -€31,819 | -40.7% |
| Trade receivables | 40 | €18,149 | €15,613 | -€2,536 | -14.0% |
| Other amounts receivable | 41 | €60,000 | €30,717 | -€29,283 | -48.8% |
| Cash at bank and in hand | 54/58 | €136,753 | €226,273 | +€89,520 | +65.5% |
| Deferred charges and accrued income | 490/1 | €1,817 | €192 | -€1,625 | -89.4% |
| Total equity and liabilities | 10/49 | €1,068,220 | €1,123,960 | +€55,740 | +5.2% |
| Equity | 10/15 | €692,154 | €585,799 | -€106,355 | -15.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €673,554 | €567,199 | -€106,355 | -15.8% |
| Distributable reserves | 133 | €673,554 | €567,199 | -€106,355 | -15.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €376,066 | €538,161 | +€162,095 | +43.1% |
| Amounts payable after more than one year | 17 | €107,143 | €50,000 | -€57,143 | -53.3% |
| Financial debts | 170/4 | €107,143 | €50,000 | -€57,143 | -53.3% |
| Amounts payable within one year | 42/48 | €267,693 | €488,161 | +€220,468 | +82.4% |
| Current portion of amounts payable after more than one year | 42 | €57,143 | €57,143 | = | 0.0% |
| Trade debts | 44 | €592 | €1,501 | +€909 | +154% |
| Suppliers | 440/4 | €592 | €1,501 | +€909 | +154% |
| Taxes, remuneration and social security | 45 | €9,737 | €4,553 | -€5,185 | -53.2% |
| Taxes | 450/3 | €7,987 | €4,553 | -€3,435 | -43.0% |
| Remuneration and social security | 454/9 | €1,750 | €0 | -€1,750 | -100% |
| Other amounts payable | 47/48 | €200,220 | €424,964 | +€224,744 | +112% |
| Accrued charges and deferred income | 492/3 | €1,231 | €0 | -€1,231 | -100% |
| Non-recurring operating income | 76A | - | €981 | +€981 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,635 | €465 | -€1,170 | -71.6% |
| Other operating charges | 640/8 | €1,625 | €2,082 | +€457 | +28.1% |
| Gross operating margin | 9900 | €110,671 | €117,496 | +€6,825 | +6.2% |
| Operating profit (loss) | 9901 | €107,411 | €114,949 | +€7,538 | +7.0% |
| Financial income | 75/76B | €60,000 | €60,197 | +€197 | +0.3% |
| Recurring financial income | 75 | €60,000 | €60,197 | +€197 | +0.3% |
| Financial charges | 65/66B | €2,787 | €1,949 | -€837 | -30.0% |
| Recurring financial charges | 65 | €2,787 | €1,949 | -€837 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | €164,624 | €173,197 | +€8,573 | +5.2% |
| Income taxes | 67/77 | €27,589 | €29,553 | +€1,964 | +7.1% |
| Profit (loss) for the period | 9904 | €137,035 | €143,645 | +€6,610 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €137,035 | €143,645 | +€6,610 | +4.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.