Plankenkoorts: 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.
Plankenkoorts
Largest movements
- Current investments -€1.4m
down €1.4m (-35.0%), from €4.0m to €2.6m
- Tangible fixed assets +€961,443
up €961,443 (+67.7%), from €1.4m to €2.4m
of which Land and buildings: +€777,711
- Cash +€527,510
up €527,510 (+161.0%), from €327,734 to €855,244
mainly Net result for the year (+€1.5m) and Current investments (+€1.4m)
- Receivables within one year -€269,391
down €269,391 (-74.2%), from €363,158 to €93,767
of which Trade receivables: -€290,803
- Receivables after one year +€100,542
up €100,542, from €0 to €100,542
- Reserves +€1.5m
up €1.5m (+36.7%), from €4.0m to €5.5m
of which Distributable reserves: +€1.2m
- Other debts -€1.3m
down €1.3m (-99.9%), from €1.3m to €1,118
- Trade debts -€281,781
down €281,781 (-87.9%), from €320,496 to €38,716
- Tax, wage and social debts -€168,393
down €168,393 (-100.0%), from €168,393 to €0
of which Taxes: -€168,393
- Financial income +€1.2m
up €1.2m (+1121.4%), from €108,743 to €1.3m
- Gross operating margin -€259,820
down €259,820 (-29.0%), from €895,993 to €636,173
- Depreciation +€40,803
up €40,803 (+127.0%), from €32,120 to €72,923
- Write-downs +€28,385
up €28,385 (+44.3%), from €64,015 to €92,400
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 | €6,298,682 | €6,096,456 | -€202,225 | -3.2% |
| Fixed assets | 21/28 | €1,480,441 | €2,417,781 | +€937,340 | +63.3% |
| Tangible fixed assets | 22/27 | €1,419,943 | €2,381,385 | +€961,443 | +67.7% |
| Land and buildings | 22 | €1,311,828 | €2,089,539 | +€777,711 | +59.3% |
| Furniture and vehicles | 24 | €12,589 | €205,820 | +€193,231 | +1534.9% |
| Other tangible fixed assets | 26 | €95,526 | €86,026 | -€9,500 | -9.9% |
| Financial fixed assets | 28 | €60,499 | €36,396 | -€24,103 | -39.8% |
| Current assets | 29/58 | €4,818,240 | €3,678,675 | -€1.1m | -23.7% |
| Amounts receivable after more than one year | 29 | €0 | €100,542 | +€100,542 | |
| Other amounts receivable | 291 | €0 | €100,542 | +€100,542 | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €363,158 | €93,767 | -€269,391 | -74.2% |
| Trade receivables | 40 | €363,158 | €72,355 | -€290,803 | -80.1% |
| Other amounts receivable | 41 | €0 | €21,411 | +€21,411 | |
| Current investments | 50/53 | €4,022,749 | €2,614,125 | -€1.4m | -35.0% |
| Cash at bank and in hand | 54/58 | €327,734 | €855,244 | +€527,510 | +161.0% |
| Deferred charges and accrued income | 490/1 | €104,599 | €14,996 | -€89,603 | -85.7% |
| Total equity and liabilities | 10/49 | €6,298,682 | €6,096,456 | -€202,225 | -3.2% |
| Equity | 10/15 | €4,036,199 | €5,511,583 | +€1.5m | +36.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,017,599 | €5,492,983 | +€1.5m | +36.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €507,305 | €759,905 | +€252,600 | +49.8% |
| Distributable reserves | 133 | €3,510,294 | €4,733,078 | +€1.2m | +34.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,262,482 | €584,873 | -€1.7m | -74.1% |
| Amounts payable after more than one year | 17 | €435,124 | €481,772 | +€46,648 | +10.7% |
| Financial debts | 170/4 | €435,124 | €481,772 | +€46,648 | +10.7% |
| Amounts payable within one year | 42/48 | €1,827,359 | €102,066 | -€1.7m | -94.4% |
| Current portion of amounts payable after more than one year | 42 | €38,867 | €62,232 | +€23,365 | +60.1% |
| Trade debts | 44 | €320,496 | €38,716 | -€281,781 | -87.9% |
| Suppliers | 440/4 | €320,496 | €38,716 | -€281,781 | -87.9% |
| Taxes, remuneration and social security | 45 | €168,393 | €0 | -€168,393 | -100.0% |
| Taxes | 450/3 | €168,393 | €0 | -€168,393 | -100.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,299,602 | €1,118 | -€1.3m | -99.9% |
| Accrued charges and deferred income | 492/3 | - | €1,035 | +€1,035 | |
| Non-recurring operating income | 76A | €143,807 | €0 | -€143,807 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,120 | €72,923 | +€40,803 | +127.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €64,015 | €92,400 | +€28,385 | +44.3% |
| Other operating charges | 640/8 | €4,864 | €8,413 | +€3,548 | +72.9% |
| Non-recurring operating charges | 66A | €4,857 | €7,233 | +€2,377 | +48.9% |
| Gross operating margin | 9900 | €895,993 | €636,173 | -€259,820 | -29.0% |
| Operating profit (loss) | 9901 | €790,137 | €455,203 | -€334,934 | -42.4% |
| Financial income | 75/76B | €108,743 | €1,328,213 | +€1.2m | +1121.4% |
| Recurring financial income | 75 | €108,743 | €1,328,213 | +€1.2m | +1121.4% |
| Financial charges | 65/66B | €10,689 | €9,253 | -€1,436 | -13.4% |
| Recurring financial charges | 65 | €10,689 | €9,253 | -€1,436 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €888,190 | €1,774,162 | +€885,972 | +99.8% |
| Income taxes | 67/77 | €298,718 | €298,779 | +€61 | 0.0% |
| Profit (loss) for the period | 9904 | €589,473 | €1,475,384 | +€885,911 | +150.3% |
| Transfer from tax-exempt reserves | 789 | €124,195 | €0 | -€124,195 | -100.0% |
| Transfer to tax-exempt reserves | 689 | €0 | €252,600 | +€252,600 | |
| Profit (loss) for the period to be appropriated | 9905 | €713,668 | €1,222,784 | +€509,116 | +71.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.