PLAN-T: 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-T
Largest movements
- Cash +€68,666
up €68,666 (+62.7%), from €109,511 to €178,176
mainly Depreciation (+€84,747) and Net result for the year (+€43,563)
- Receivables within one year -€38,835
down €38,835 (-17.8%), from €217,825 to €178,990
of which Trade receivables: -€74,214
- Tangible fixed assets -€14,860
down €14,860 (-5.4%), from €273,931 to €259,071
of which Plant, machinery and equipment: -€11,863
- Reserves +€43,475
up €43,475 (+12.5%), from €348,695 to €392,170
of which Distributable reserves: +€46,700
- Tax, wage and social debts -€27,371
down €27,371 (-86.4%), from €31,676 to €4,305
of which Taxes: -€25,112
- Trade debts +€14,527
up €14,527 (+16.6%), from €87,537 to €102,064
- Debts after one year -€12,280
down €12,280 (-20.8%), from €59,002 to €46,721
- Staff costs -€14,335
down €14,335 (-16.9%), from €85,059 to €70,724
- Gross operating margin +€14,126
up €14,126 (+6.5%), from €215,808 to €229,934
- Taxes +€6,712
up €6,712 (+59.8%), from €11,229 to €17,941
- Depreciation +€2,384
up €2,384 (+2.9%), from €82,362 to €84,747
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 | €654,294 | €665,102 | +€10,808 | +1.7% |
| Fixed assets | 21/28 | €273,931 | €259,071 | -€14,860 | -5.4% |
| Tangible fixed assets | 22/27 | €273,931 | €259,071 | -€14,860 | -5.4% |
| Land and buildings | 22 | €25,163 | €25,163 | = | 0.0% |
| Plant, machinery and equipment | 23 | €124,421 | €112,558 | -€11,863 | -9.5% |
| Furniture and vehicles | 24 | €70,511 | €75,364 | +€4,853 | +6.9% |
| Other tangible fixed assets | 26 | €53,836 | €45,986 | -€7,850 | -14.6% |
| Current assets | 29/58 | €380,363 | €406,031 | +€25,668 | +6.7% |
| Stocks and contracts in progress | 3 | €50,126 | €45,080 | -€5,046 | -10.1% |
| Stocks | 30/36 | €12,126 | €20,480 | +€8,354 | +68.9% |
| Contracts in progress | 37 | €38,000 | €24,600 | -€13,400 | -35.3% |
| Amounts receivable within one year | 40/41 | €217,825 | €178,990 | -€38,835 | -17.8% |
| Trade receivables | 40 | €208,161 | €133,946 | -€74,214 | -35.7% |
| Other amounts receivable | 41 | €9,664 | €45,044 | +€35,380 | +366% |
| Cash at bank and in hand | 54/58 | €109,511 | €178,176 | +€68,666 | +62.7% |
| Deferred charges and accrued income | 490/1 | €2,901 | €3,785 | +€883 | +30.5% |
| Total equity and liabilities | 10/49 | €654,294 | €665,102 | +€10,808 | +1.7% |
| Equity | 10/15 | €374,847 | €418,409 | +€43,563 | +11.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €348,695 | €392,170 | +€43,475 | +12.5% |
| Tax-exempt reserves | 132 | €13,395 | €10,170 | -€3,225 | -24.1% |
| Distributable reserves | 133 | €335,300 | €382,000 | +€46,700 | +13.9% |
| Profit (loss) carried forward | 14 | €6,151 | €6,239 | +€88 | +1.4% |
| Provisions and deferred taxes | 16 | €1,465 | €390 | -€1,075 | -73.4% |
| Deferred taxes | 168 | €1,465 | €390 | -€1,075 | -73.4% |
| Amounts payable | 17/49 | €277,982 | €246,302 | -€31,680 | -11.4% |
| Amounts payable after more than one year | 17 | €59,002 | €46,721 | -€12,280 | -20.8% |
| Financial debts | 170/4 | €59,002 | €46,721 | -€12,280 | -20.8% |
| Amounts payable within one year | 42/48 | €218,981 | €199,581 | -€19,400 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €46,004 | €44,211 | -€1,793 | -3.9% |
| Trade debts | 44 | €87,537 | €102,064 | +€14,527 | +16.6% |
| Suppliers | 440/4 | €87,537 | €102,064 | +€14,527 | +16.6% |
| Taxes, remuneration and social security | 45 | €31,676 | €4,305 | -€27,371 | -86.4% |
| Taxes | 450/3 | €27,230 | €2,118 | -€25,112 | -92.2% |
| Remuneration and social security | 454/9 | €4,446 | €2,187 | -€2,259 | -50.8% |
| Other amounts payable | 47/48 | €53,764 | €49,000 | -€4,764 | -8.9% |
| Non-recurring operating income | 76A | - | €1,180 | +€1,180 | |
| Remuneration, social security and pensions | 62 | €85,059 | €70,724 | -€14,335 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,362 | €84,747 | +€2,384 | +2.9% |
| Other operating charges | 640/8 | €3,448 | €3,920 | +€472 | +13.7% |
| Gross operating margin | 9900 | €215,808 | €229,934 | +€14,126 | +6.5% |
| Operating profit (loss) | 9901 | €44,939 | €70,544 | +€25,605 | +57.0% |
| Financial income | 75/76B | €2,025 | €1,549 | -€476 | -23.5% |
| Recurring financial income | 75 | €2,025 | €1,549 | -€476 | -23.5% |
| Financial charges | 65/66B | €11,653 | €11,664 | +€11 | +0.1% |
| Recurring financial charges | 65 | €11,653 | €11,664 | +€11 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €35,311 | €60,428 | +€25,118 | +71.1% |
| Transfer from deferred taxes | 780 | €1,075 | €1,075 | = | 0.0% |
| Income taxes | 67/77 | €11,229 | €17,941 | +€6,712 | +59.8% |
| Profit (loss) for the period | 9904 | €25,157 | €43,563 | +€18,406 | +73.2% |
| Transfer from tax-exempt reserves | 789 | €3,225 | €3,225 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,382 | €46,788 | +€18,406 | +64.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.