Plan2Build: 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.
Plan2Build
Largest movements
- Receivables within one year +€57,992
up €57,992 (+148.1%), from €39,162 to €97,154
of which Trade receivables: +€49,151
- Cash -€22,612
down €22,612 (-43.1%), from €52,447 to €29,835
mainly Receivables within one year (-€57,992) and Investment in fixed assets (net) (-€16,828)
- Tangible fixed assets +€13,643
up €13,643 (+1380.9%), from €988 to €14,631
of which Furniture and vehicles: +€10,398
- Deferred charges and accrued income +€1,922
up €1,922 (+9.5%), from €20,146 to €22,067
- Reserves +€23,204
up €23,204 (+480.3%), from €4,831 to €28,035
- Trade debts +€15,074
up €15,074 (+90.3%), from €16,688 to €31,762
- Tax, wage and social debts +€10,245
up €10,245 (+33.3%), from €30,773 to €41,018
of which Taxes: +€5,308
- Staff costs -€102,851
down €102,851 (-42.8%), from €240,265 to €137,414
- Gross operating margin -€95,734
down €95,734 (-35.5%), from €270,016 to €174,282
- Provisions -€16,989
down €16,989 (-95.7%), from €17,751 to €762
- Taxes +€5,167
up €5,167 (+144.3%), from €3,581 to €8,749
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 | €121,702 | €171,847 | +€50,145 | +41.2% |
| Fixed assets | 21/28 | €9,947 | €22,790 | +€12,843 | +129.1% |
| Intangible fixed assets | 21 | €1,423 | €623 | -€800 | -56.2% |
| Tangible fixed assets | 22/27 | €988 | €14,631 | +€13,643 | +1380.9% |
| Furniture and vehicles | 24 | €988 | €11,386 | +€10,398 | +1052.5% |
| Other tangible fixed assets | 26 | - | €3,245 | +€3,245 | |
| Financial fixed assets | 28 | €7,536 | €7,536 | = | 0.0% |
| Current assets | 29/58 | €111,755 | €149,057 | +€37,302 | +33.4% |
| Amounts receivable within one year | 40/41 | €39,162 | €97,154 | +€57,992 | +148.1% |
| Trade receivables | 40 | €38,812 | €87,963 | +€49,151 | +126.6% |
| Other amounts receivable | 41 | €350 | €9,191 | +€8,841 | +2524.6% |
| Cash at bank and in hand | 54/58 | €52,447 | €29,835 | -€22,612 | -43.1% |
| Deferred charges and accrued income | 490/1 | €20,146 | €22,067 | +€1,922 | +9.5% |
| Total equity and liabilities | 10/49 | €121,702 | €171,847 | +€50,145 | +41.2% |
| Equity | 10/15 | €54,831 | €78,035 | +€23,204 | +42.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €4,831 | €28,035 | +€23,204 | +480.3% |
| Distributable reserves | 133 | €4,831 | €28,035 | +€23,204 | +480.3% |
| Provisions and deferred taxes | 16 | €17,751 | €18,513 | +€762 | +4.3% |
| Provisions for liabilities and charges | 160/5 | €17,751 | €18,513 | +€762 | +4.3% |
| Other liabilities and charges | 164/5 | €17,751 | €18,513 | +€762 | +4.3% |
| Amounts payable | 17/49 | €49,120 | €75,298 | +€26,178 | +53.3% |
| Amounts payable within one year | 42/48 | €47,461 | €72,780 | +€25,319 | +53.3% |
| Trade debts | 44 | €16,688 | €31,762 | +€15,074 | +90.3% |
| Suppliers | 440/4 | €16,688 | €31,762 | +€15,074 | +90.3% |
| Taxes, remuneration and social security | 45 | €30,773 | €41,018 | +€10,245 | +33.3% |
| Taxes | 450/3 | €7,729 | €13,037 | +€5,308 | +68.7% |
| Remuneration and social security | 454/9 | €23,045 | €27,981 | +€4,936 | +21.4% |
| Accrued charges and deferred income | 492/3 | €1,659 | €2,519 | +€859 | +51.8% |
| Remuneration, social security and pensions | 62 | €240,265 | €137,414 | -€102,851 | -42.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,041 | €3,985 | +€944 | +31.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €17,751 | €762 | -€16,989 | -95.7% |
| Other operating charges | 640/8 | €487 | €67 | -€420 | -86.2% |
| Gross operating margin | 9900 | €270,016 | €174,282 | -€95,734 | -35.5% |
| Operating profit (loss) | 9901 | €8,472 | €32,054 | +€23,582 | +278.3% |
| Financial income | 75/76B | €1 | €1 | +€0 | +57.4% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +57.4% |
| Financial charges | 65/66B | €61 | €102 | +€41 | +67.5% |
| Recurring financial charges | 65 | €61 | €102 | +€41 | +67.5% |
| Profit (loss) for the period before taxes | 9903 | €8,412 | €31,953 | +€23,541 | +279.8% |
| Income taxes | 67/77 | €3,581 | €8,749 | +€5,167 | +144.3% |
| Profit (loss) for the period | 9904 | €4,831 | €23,204 | +€18,374 | +380.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,831 | €23,204 | +€18,374 | +380.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.