PlanB First Limited: 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.
PlanB First Limited
Largest movements
- Tangible fixed assets -€52,762
down €52,762 (-3.4%), from €1.6m to €1.5m
of which Land and buildings: -€39,852
- Receivables within one year -€46,526
down €46,526 (-53.4%), from €87,177 to €40,651
of which Trade receivables: -€51,161
- Financial fixed assets +€27,725
up €27,725 (+39.3%), from €70,571 to €98,296
- Trade debts -€170,216
down €170,216 (-63.6%), from €267,534 to €97,318
- Debts after one year +€75,770
up €75,770 (+5.3%), from €1.4m to €1.5m
of which Other amounts payable: +€139,323
- Profit (loss) carried forward +€43,528
up €43,528 (+22.5%), from €193,248 to €236,776
- Purchases and services +€121,027
up €121,027 (+8.5%), from €1.4m to €1.5m
- Turnover +€68,434
up €68,434 (+4.6%), from €1.5m to €1.6m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,063,451 | €1,996,253 | -€67,198 | -3.3% |
| Fixed assets | 21/28 | €1,621,871 | €1,596,833 | -€25,038 | -1.5% |
| Tangible fixed assets | 22/27 | €1,551,300 | €1,498,537 | -€52,762 | -3.4% |
| Land and buildings | 22 | €1,494,946 | €1,455,094 | -€39,852 | -2.7% |
| Furniture and vehicles | 24 | €56,353 | €43,443 | -€12,910 | -22.9% |
| Financial fixed assets | 28 | €70,571 | €98,296 | +€27,725 | +39.3% |
| Current assets | 29/58 | €441,580 | €399,420 | -€42,161 | -9.5% |
| Amounts receivable within one year | 40/41 | €87,177 | €40,651 | -€46,526 | -53.4% |
| Trade receivables | 40 | €78,759 | €27,598 | -€51,161 | -65.0% |
| Other amounts receivable | 41 | €8,418 | €13,053 | +€4,636 | +55.1% |
| Cash at bank and in hand | 54/58 | €348,699 | €355,924 | +€7,225 | +2.1% |
| Deferred charges and accrued income | 490/1 | €5,704 | €2,844 | -€2,860 | -50.1% |
| Total equity and liabilities | 10/49 | €2,063,451 | €1,996,253 | -€67,198 | -3.3% |
| Equity | 10/15 | €213,708 | €257,236 | +€43,528 | +20.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €193,248 | €236,776 | +€43,528 | +22.5% |
| Amounts payable | 17/49 | €1,849,743 | €1,739,016 | -€110,726 | -6.0% |
| Amounts payable after more than one year | 17 | €1,427,972 | €1,503,743 | +€75,770 | +5.3% |
| Financial debts | 170/4 | €710,453 | €646,900 | -€63,552 | -8.9% |
| Other amounts payable | 178/9 | €717,520 | €856,842 | +€139,323 | +19.4% |
| Amounts payable within one year | 42/48 | €363,270 | €170,192 | -€193,078 | -53.2% |
| Current portion of amounts payable after more than one year | 42 | €62,619 | €63,552 | +€933 | +1.5% |
| Trade debts | 44 | €267,534 | €97,318 | -€170,216 | -63.6% |
| Suppliers | 440/4 | €267,534 | €97,318 | -€170,216 | -63.6% |
| Taxes, remuneration and social security | 45 | €18,331 | €322 | -€18,009 | -98.2% |
| Taxes | 450/3 | €18,331 | €322 | -€18,009 | -98.2% |
| Other amounts payable | 47/48 | €14,787 | €9,000 | -€5,787 | -39.1% |
| Accrued charges and deferred income | 492/3 | €58,500 | €65,081 | +€6,581 | +11.3% |
| Turnover | 70 | €1,494,599 | €1,563,032 | +€68,434 | +4.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,415,803 | €1,536,830 | +€121,027 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,203 | €62,455 | +€2,251 | +3.7% |
| Other operating charges | 640/8 | €8,004 | €8,498 | +€494 | +6.2% |
| Gross operating margin | 9900 | €134,906 | €143,781 | +€8,875 | +6.6% |
| Operating profit (loss) | 9901 | €66,699 | €72,829 | +€6,130 | +9.2% |
| Financial income | 75/76B | €4,056 | €11,755 | +€7,699 | +190% |
| Recurring financial income | 75 | €4,056 | €11,755 | +€7,699 | +190% |
| Financial charges | 65/66B | €24,675 | €20,985 | -€3,690 | -15.0% |
| Recurring financial charges | 65 | €24,675 | €20,985 | -€3,690 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €46,079 | €63,599 | +€17,519 | +38.0% |
| Income taxes | 67/77 | €16,875 | €11,070 | -€5,805 | -34.4% |
| Profit (loss) for the period | 9904 | €29,204 | €52,528 | +€23,324 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,204 | €52,528 | +€23,324 | +79.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.