PlanOpSim: 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.
PlanOpSim
Largest movements
- Receivables within one year +€95,418
up €95,418 (+108%), from €88,147 to €183,566
of which Trade receivables: +€93,298
- Intangible fixed assets +€34,572
up €34,572 (+29.7%), from €116,299 to €150,871
- Cash -€25,244
down €25,244 (-25.8%), from €97,724 to €72,480
mainly Investment in fixed assets (net) (-€117,794) and Receivables within one year (-€95,418)
- Tangible fixed assets +€17,823
up €17,823 (+134%), from €13,304 to €31,127
- Deferred charges and accrued income -€11,083
down €11,083 (-33.3%), from €33,283 to €22,200
- Reserves +€79,531
up €79,531 (+639%), from €12,451 to €91,982
of which Distributable reserves: +€75,555
- Profit (loss) carried forward +€24,869
no longer reported in 2025 (was -€24,869)
- Trade debts +€22,220
up €22,220 (+49.0%), from €45,355 to €67,574
- Gross operating margin +€160,326
up €160,326 (+59.3%), from €270,439 to €430,764
- Staff costs +€127,165
up €127,165 (+91.3%), from €139,357 to €266,522
- Depreciation +€10,508
up €10,508 (+19.6%), from €53,542 to €64,049
- Financial charges +€10,147
up €10,147 (+329%), from €3,082 to €13,228
- Financial income +€5,475
up €5,475 (+42.8%), from €12,785 to €18,260
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 | €738,559 | €850,668 | +€112,109 | +15.2% |
| Fixed assets | 21/28 | €131,703 | €185,448 | +€53,745 | +40.8% |
| Intangible fixed assets | 21 | €116,299 | €150,871 | +€34,572 | +29.7% |
| Tangible fixed assets | 22/27 | €13,304 | €31,127 | +€17,823 | +134% |
| Furniture and vehicles | 24 | €13,304 | €31,127 | +€17,823 | +134% |
| Financial fixed assets | 28 | €2,100 | €3,450 | +€1,350 | +64.3% |
| Current assets | 29/58 | €606,856 | €665,220 | +€58,364 | +9.6% |
| Amounts receivable within one year | 40/41 | €88,147 | €183,566 | +€95,418 | +108% |
| Trade receivables | 40 | €76,556 | €169,854 | +€93,298 | +122% |
| Other amounts receivable | 41 | €11,592 | €13,712 | +€2,120 | +18.3% |
| Current investments | 50/53 | €387,702 | €386,975 | -€728 | -0.2% |
| Cash at bank and in hand | 54/58 | €97,724 | €72,480 | -€25,244 | -25.8% |
| Deferred charges and accrued income | 490/1 | €33,283 | €22,200 | -€11,083 | -33.3% |
| Total equity and liabilities | 10/49 | €738,559 | €850,668 | +€112,109 | +15.2% |
| Equity | 10/15 | €442,510 | €546,910 | +€104,400 | +23.6% |
| Contributions | 10/11 | €454,929 | €454,929 | = | 0.0% |
| Capital | 10 | €412,609 | €412,609 | = | 0.0% |
| Issued capital | 100 | €412,609 | €412,609 | = | 0.0% |
| Contributions outside capital | 11 | €42,319 | €42,319 | = | 0.0% |
| Share premium | 1100/10 | €42,319 | €42,319 | = | 0.0% |
| Reserves | 13 | €12,451 | €91,982 | +€79,531 | +639% |
| Non-distributable reserves | 130/1 | €12,451 | €16,427 | +€3,977 | +31.9% |
| Legal reserve | 130 | €12,451 | €16,427 | +€3,977 | +31.9% |
| Distributable reserves | 133 | - | €75,555 | +€75,555 | |
| Profit (loss) carried forward | 14 | -€24,869 | - | +€24,869 | |
| Amounts payable | 17/49 | €296,049 | €303,758 | +€7,709 | +2.6% |
| Amounts payable after more than one year | 17 | €91,316 | €85,106 | -€6,209 | -6.8% |
| Financial debts | 170/4 | €91,316 | €85,106 | -€6,209 | -6.8% |
| Amounts payable within one year | 42/48 | €204,073 | €218,652 | +€14,579 | +7.1% |
| Trade debts | 44 | €45,355 | €67,574 | +€22,220 | +49.0% |
| Suppliers | 440/4 | €45,355 | €67,574 | +€22,220 | +49.0% |
| Taxes, remuneration and social security | 45 | €32,532 | €26,530 | -€6,002 | -18.4% |
| Taxes | 450/3 | €3,294 | - | -€3,294 | |
| Remuneration and social security | 454/9 | €29,238 | €26,530 | -€2,708 | -9.3% |
| Other amounts payable | 47/48 | €126,187 | €124,548 | -€1,639 | -1.3% |
| Accrued charges and deferred income | 492/3 | €660 | - | -€660 | |
| Remuneration, social security and pensions | 62 | €139,357 | €266,522 | +€127,165 | +91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,542 | €64,049 | +€10,508 | +19.6% |
| Other operating charges | 640/8 | €941 | €505 | -€436 | -46.3% |
| Gross operating margin | 9900 | €270,439 | €430,764 | +€160,326 | +59.3% |
| Operating profit (loss) | 9901 | €76,599 | €99,688 | +€23,089 | +30.1% |
| Financial income | 75/76B | €12,785 | €18,260 | +€5,475 | +42.8% |
| Recurring financial income | 75 | €12,785 | €18,260 | +€5,475 | +42.8% |
| Financial charges | 65/66B | €3,082 | €13,228 | +€10,147 | +329% |
| Recurring financial charges | 65 | €3,082 | €13,228 | +€10,147 | +329% |
| Profit (loss) for the period before taxes | 9903 | €86,303 | €104,720 | +€18,417 | +21.3% |
| Income taxes | 67/77 | €222 | €319 | +€97 | +43.9% |
| Profit (loss) for the period | 9904 | €86,081 | €104,400 | +€18,319 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €86,081 | €104,400 | +€18,319 | +21.3% |
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 18 October 2026 via checked.be.