PLAN NATIONAL: 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 NATIONAL
Largest movements
- Tangible fixed assets -€17,698
down €17,698 (-30.7%), from €57,659 to €39,962
of which Other tangible fixed assets: -€17,597
- Deferred charges and accrued income -€15,790
down €15,790 (-72.7%), from €21,728 to €5,938
- Stocks and contracts +€14,617
up €14,617 (+8.6%), from €170,280 to €184,897
- Short-term financial debts +€25,000
up €25,000 (+25.0%), from €100,000 to €125,000
- Trade debts -€16,909
down €16,909 (-21.4%), from €79,188 to €62,279
- Tax, wage and social debts -€13,456
down €13,456 (-50.1%), from €26,877 to €13,422
- Current portion of long-term debt -€9,999
down €9,999 (-66.2%), from €15,107 to €5,107
- Reserves +€6,579
up €6,579 (+45.2%), from €14,572 to €21,152
- Financial income +€6,459
up €6,459 (+383%), from €1,684 to €8,143
- Taxes +€3,559
up €3,559 (+270%), from €1,317 to €4,876
- Financial charges -€3,030
down €3,030 (-26.4%), from €11,497 to €8,467
- Other operating charges -€2,581
down €2,581 (-73.2%), from €3,528 to €947
- Staff costs -€2,462
down €2,462 (-3.4%), from €71,906 to €69,444
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €284,745 | €270,853 | -€13,892 | -4.9% |
| Fixed assets | 21/28 | €57,926 | €40,228 | -€17,698 | -30.6% |
| Tangible fixed assets | 22/27 | €57,659 | €39,962 | -€17,698 | -30.7% |
| Plant, machinery and equipment | 23 | €101 | - | -€101 | |
| Other tangible fixed assets | 26 | €57,559 | €39,962 | -€17,597 | -30.6% |
| Financial fixed assets | 28 | €266 | €266 | = | 0.0% |
| Current assets | 29/58 | €226,819 | €230,625 | +€3,806 | +1.7% |
| Stocks and contracts in progress | 3 | €170,280 | €184,897 | +€14,617 | +8.6% |
| Stocks | 30/36 | €170,280 | €184,897 | +€14,617 | +8.6% |
| Amounts receivable within one year | 40/41 | €32,567 | €35,070 | +€2,503 | +7.7% |
| Other amounts receivable | 41 | €32,567 | €35,070 | +€2,503 | +7.7% |
| Cash at bank and in hand | 54/58 | €2,244 | €4,720 | +€2,475 | +110% |
| Deferred charges and accrued income | 490/1 | €21,728 | €5,938 | -€15,790 | -72.7% |
| Total equity and liabilities | 10/49 | €284,745 | €270,853 | -€13,892 | -4.9% |
| Equity | 10/15 | €58,465 | €65,045 | +€6,579 | +11.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,572 | €21,152 | +€6,579 | +45.2% |
| Distributable reserves | 133 | €14,572 | €21,152 | +€6,579 | +45.2% |
| Profit (loss) carried forward | 14 | €25,293 | €25,293 | = | 0.0% |
| Amounts payable | 17/49 | €226,280 | €205,808 | -€20,472 | -9.0% |
| Amounts payable after more than one year | 17 | €5,107 | - | -€5,107 | |
| Financial debts | 170/4 | €5,107 | - | -€5,107 | |
| Amounts payable within one year | 42/48 | €221,172 | €205,808 | -€15,364 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €15,107 | €5,107 | -€9,999 | -66.2% |
| Financial debts | 43 | €100,000 | €125,000 | +€25,000 | +25.0% |
| Credit institutions | 430/8 | €100,000 | €125,000 | +€25,000 | +25.0% |
| Trade debts | 44 | €79,188 | €62,279 | -€16,909 | -21.4% |
| Suppliers | 440/4 | €79,188 | €62,279 | -€16,909 | -21.4% |
| Taxes, remuneration and social security | 45 | €26,877 | €13,422 | -€13,456 | -50.1% |
| Taxes | 450/3 | €26,877 | €13,422 | -€13,456 | -50.1% |
| Remuneration, social security and pensions | 62 | €71,906 | €69,444 | -€2,462 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,999 | €17,698 | -€302 | -1.7% |
| Other operating charges | 640/8 | €3,528 | €947 | -€2,581 | -73.2% |
| Gross operating margin | 9900 | €98,528 | €99,868 | +€1,341 | +1.4% |
| Operating profit (loss) | 9901 | €5,093 | €11,779 | +€6,686 | +131% |
| Financial income | 75/76B | €1,684 | €8,143 | +€6,459 | +383% |
| Recurring financial income | 75 | €1,684 | €8,143 | +€6,459 | +383% |
| Financial charges | 65/66B | €11,497 | €8,467 | -€3,030 | -26.4% |
| Recurring financial charges | 65 | €11,497 | €8,467 | -€3,030 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,719 | €11,455 | +€16,175 | |
| Income taxes | 67/77 | €1,317 | €4,876 | +€3,559 | +270% |
| Profit (loss) for the period | 9904 | -€6,036 | €6,579 | +€12,615 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,036 | €6,579 | +€12,615 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.