Plan-BL: what changed
Plan-BL
Largest movements
- Receivables within one year -€86,330
down €86,330 (-55.6%), from €155,197 to €68,867
of which Trade receivables: -€69,873
- Cash +€70,077
up €70,077 (+345%), from €20,340 to €90,417
mainly Receivables within one year (+€86,330) and Depreciation (+€18,902)
- Tangible fixed assets -€15,062
down €15,062 (-12.1%), from €124,559 to €109,498
of which Furniture and vehicles: -€12,012
- Current investments +€7,660
up €7,660 (+4.6%), from €168,100 to €175,760
- Tax, wage and social debts -€17,333
down €17,333 (-48.6%), from €35,630 to €18,297
- Current portion of long-term debt -€11,124
down €11,124 (-64.0%), from €17,391 to €6,267
- Reserves +€6,700
up €6,700 (+2.0%), from €329,802 to €336,502
of which Distributable reserves: +€6,700
- Debts after one year -€6,267
down €6,267 (-10.0%), from €62,450 to €56,183
- Gross operating margin -€95,767
down €95,767 (-79.0%), from €121,149 to €25,383
- Taxes -€25,150
down €25,150 (-85.9%), from €29,270 to €4,120
- Financial income -€16,966
down €16,966 (-60.8%), from €27,928 to €10,961
- Depreciation -€9,199
down €9,199 (-32.7%), from €28,101 to €18,902
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €468,238 | €444,541 | -€23,697 | -5.1% |
| Fixed assets | 21/28 | €124,559 | €109,498 | -€15,062 | -12.1% |
| Tangible fixed assets | 22/27 | €124,559 | €109,498 | -€15,062 | -12.1% |
| Land and buildings | 22 | €87,820 | €86,024 | -€1,796 | -2.0% |
| Plant, machinery and equipment | 23 | €5,379 | €4,125 | -€1,253 | -23.3% |
| Furniture and vehicles | 24 | €31,361 | €19,349 | -€12,012 | -38.3% |
| Current assets | 29/58 | €343,679 | €335,043 | -€8,636 | -2.5% |
| Amounts receivable within one year | 40/41 | €155,197 | €68,867 | -€86,330 | -55.6% |
| Trade receivables | 40 | €113,477 | €43,604 | -€69,873 | -61.6% |
| Other amounts receivable | 41 | €41,719 | €25,263 | -€16,457 | -39.4% |
| Current investments | 50/53 | €168,100 | €175,760 | +€7,660 | +4.6% |
| Cash at bank and in hand | 54/58 | €20,340 | €90,417 | +€70,077 | +345% |
| Deferred charges and accrued income | 490/1 | €42 | - | -€42 | |
| Total equity and liabilities | 10/49 | €468,238 | €444,541 | -€23,697 | -5.1% |
| Equity | 10/15 | €349,928 | €356,657 | +€6,729 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €329,802 | €336,502 | +€6,700 | +2.0% |
| Tax-exempt reserves | 132 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €317,302 | €324,002 | +€6,700 | +2.1% |
| Profit (loss) carried forward | 14 | €1,526 | €1,555 | +€29 | +1.9% |
| Amounts payable | 17/49 | €118,311 | €87,884 | -€30,426 | -25.7% |
| Amounts payable after more than one year | 17 | €62,450 | €56,183 | -€6,267 | -10.0% |
| Financial debts | 170/4 | €62,450 | €56,183 | -€6,267 | -10.0% |
| Amounts payable within one year | 42/48 | €55,861 | €31,701 | -€24,160 | -43.2% |
| Current portion of amounts payable after more than one year | 42 | €17,391 | €6,267 | -€11,124 | -64.0% |
| Trade debts | 44 | €2,841 | €7,138 | +€4,298 | +151% |
| Suppliers | 440/4 | €2,841 | €7,138 | +€4,298 | +151% |
| Taxes, remuneration and social security | 45 | €35,630 | €18,297 | -€17,333 | -48.6% |
| Taxes | 450/3 | €35,630 | €18,297 | -€17,333 | -48.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,101 | €18,902 | -€9,199 | -32.7% |
| Other operating charges | 640/8 | €3,633 | €3,815 | +€182 | +5.0% |
| Gross operating margin | 9900 | €121,149 | €25,383 | -€95,767 | -79.0% |
| Operating profit (loss) | 9901 | €89,416 | €2,666 | -€86,749 | -97.0% |
| Financial income | 75/76B | €27,928 | €10,961 | -€16,966 | -60.8% |
| Recurring financial income | 75 | €27,928 | €10,961 | -€16,966 | -60.8% |
| Financial charges | 65/66B | €1,903 | €2,779 | +€876 | +46.0% |
| Recurring financial charges | 65 | €1,903 | €2,779 | +€876 | +46.0% |
| Profit (loss) for the period before taxes | 9903 | €115,440 | €10,848 | -€104,592 | -90.6% |
| Income taxes | 67/77 | €29,270 | €4,120 | -€25,150 | -85.9% |
| Profit (loss) for the period | 9904 | €86,171 | €6,729 | -€79,442 | -92.2% |
| Profit (loss) for the period to be appropriated | 9905 | €86,171 | €6,729 | -€79,442 | -92.2% |
Next steps
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 4 November 2026 via checked.be.