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PLANET: what changed

Two fiscal 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.

What changed

PLANET

BE 0464.564.375
NACE 14.210, Manufacture of outerwear
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€325,850
2023 · €21,679-€347,529
Equity
€2.6m
2023 · €2.9m-€325,850
Cash
€99,141
2023 · €40,547+€58,595
Balance sheet total
€5.1m
2023 · €4.6m+€465,924

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€1.1m

    up €1.1m (+1228.9%), from €86,504 to €1.1m

    of which Other amounts receivable: +€792,223

  • Financial fixed assets -€638,808

    down €638,808 (-14.4%), from €4.4m to €3.8m

  • Cash +€58,595

    up €58,595 (+144.5%), from €40,547 to €99,141

    mainly Other debts (+€838,885) and Investment in fixed assets (net) (+€638,616)

Equity and liabilities
  • Other debts +€838,885

    up €838,885 (+54.0%), from €1.6m to €2.4m

  • Reserves -€325,475

    down €325,475 (-27.1%), from €1.2m to €875,525

    of which Distributable reserves: -€325,475

  • Debts after one year -€72,000

    down €72,000 (-74.2%), from €97,000 to €25,000

Income statement
  • Financial charges +€374,906

    up €374,906 (+1140.5%), from €32,871 to €407,777

  • Gross operating margin +€27,165

    up €27,165 (+30.6%), from €88,703 to €115,868

  • Taxes +€16,051

    up €16,051 (+157.8%), from €10,170 to €26,220

  • Financial income +€13,720

    up €13,720 (+650.0%), from €2,111 to €15,831

  • Other operating charges -€1,919

    down €1,919 (-25.7%), from €7,456 to €5,538

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €21,679
Gross operating margin +€27,165
Depreciation +€625
Other operating charges +€1,919
Financial income +€13,720
Financial charges -€374,906
Taxes -€16,051
Result 2024 -€325,850

Cash bridge derived

cash 2023 to 2024

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.

From operations -€506,280
Investment +€638,607
Financing -€73,732
Cash 2023 €40,547
Net result for the year -€325,850
Depreciation +€18,013
Receivables within one year -€1.1m
Smaller working-capital items -€1,895
Tax, wage and social debts +€27,650
Other debts +€838,885
Investment in fixed assets (net) +€638,616
Current investments -€9
Debts after one year -€72,000
Current portion of long-term debt -€1,732
Cash 2024 €99,141
Every line side by side 49 lines
Line Code 2023 2024 Change %
Total assets 20/58 €4,630,156 €5,096,080 +€465,924 +10.1%
Fixed assets 21/28 €4,496,400 €3,839,771 -€656,629 -14.6%
Tangible fixed assets 22/27 €67,624 €49,803 -€17,821 -26.4%
Furniture and vehicles 24 €0 - =
Leasing and similar rights 25 €67,624 €49,803 -€17,821 -26.4%
Financial fixed assets 28 €4,428,776 €3,789,968 -€638,808 -14.4%
Current assets 29/58 €133,756 €1,256,310 +€1.1m +839.3%
Amounts receivable within one year 40/41 €86,504 €1,149,587 +€1.1m +1228.9%
Trade receivables 40 €18,281 €289,141 +€270,860 +1481.6%
Other amounts receivable 41 €68,223 €860,447 +€792,223 +1161.2%
Current investments 50/53 €3,015 €3,024 +€9 +0.3%
Cash at bank and in hand 54/58 €40,547 €99,141 +€58,595 +144.5%
Deferred charges and accrued income 490/1 €3,690 €4,557 +€867 +23.5%
Total equity and liabilities 10/49 €4,630,156 €5,096,080 +€465,924 +10.1%
Equity 10/15 €2,891,375 €2,565,525 -€325,850 -11.3%
Contributions 10/11 €1,690,000 €1,690,000 = 0.0%
Capital 10 €1,690,000 €1,690,000 = 0.0%
Issued capital 100 €1,690,000 €1,690,000 = 0.0%
Reserves 13 €1,201,000 €875,525 -€325,475 -27.1%
Non-distributable reserves 130/1 €169,000 €169,000 = 0.0%
Legal reserve 130 €169,000 €169,000 = 0.0%
Distributable reserves 133 €1,032,000 €706,525 -€325,475 -31.5%
Profit (loss) carried forward 14 €375 €0 -€375 -100.0%
Amounts payable 17/49 €1,738,781 €2,530,555 +€791,774 +45.5%
Amounts payable after more than one year 17 €97,000 €25,000 -€72,000 -74.2%
Financial debts 170/4 €97,000 €25,000 -€72,000 -74.2%
Amounts payable within one year 42/48 €1,641,781 €2,504,556 +€862,774 +52.6%
Current portion of amounts payable after more than one year 42 €73,732 €72,000 -€1,732 -2.3%
Trade debts 44 €3,534 €1,506 -€2,028 -57.4%
Suppliers 440/4 €3,534 €1,506 -€2,028 -57.4%
Bills of exchange payable 441 €0 - =
Taxes, remuneration and social security 45 €11,537 €39,187 +€27,650 +239.7%
Taxes 450/3 €10,170 €39,187 +€29,017 +285.3%
Remuneration and social security 454/9 €1,367 €0 -€1,367 -100.0%
Other amounts payable 47/48 €1,552,978 €2,391,863 +€838,885 +54.0%
Accrued charges and deferred income 492/3 €0 €1,000 +€1,000
Non-recurring operating income 76A €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,638 €18,013 -€625 -3.4%
Other operating charges 640/8 €7,456 €5,538 -€1,919 -25.7%
Gross operating margin 9900 €88,703 €115,868 +€27,165 +30.6%
Operating profit (loss) 9901 €62,608 €92,317 +€29,708 +47.5%
Financial income 75/76B €2,111 €15,831 +€13,720 +650.0%
Recurring financial income 75 €2,111 €15,831 +€13,720 +650.0%
Financial charges 65/66B €32,871 €407,777 +€374,906 +1140.5%
Recurring financial charges 65 €32,871 €407,777 +€374,906 +1140.5%
Profit (loss) for the period before taxes 9903 €31,848 -€299,630 -€331,478
Income taxes 67/77 €10,170 €26,220 +€16,051 +157.8%
Profit (loss) for the period 9904 €21,679 -€325,850 -€347,529
Profit (loss) for the period to be appropriated 9905 €21,679 -€325,850 -€347,529

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.