Plantin Development: 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.
Plantin Development
Largest movements
- Tangible fixed assets +€4.8m
up €4.8m (+26.7%), from €17.9m to €22.6m
of which Assets under construction and advance payments: +€4.8m
- Stocks and contracts -€749,275
down €749,275 (-32.8%), from €2.3m to €1.5m
- Current portion of long-term debt +€7.0m
up €7.0m (+75.7%), from €9.2m to €16.2m
- Other debts -€3.1m
down €3.1m (-94.4%), from €3.3m to €181,000
- Profit (loss) carried forward -€1.9m
down €1.9m (-167.5%), from -€1.1m to -€3.1m
- Tax, wage and social debts +€1.5m
up €1.5m (+4074.4%), from €36,523 to €1.5m
- Debts after one year +€1.3m
up €1.3m (+15.8%), from €8.5m to €9.8m
- Purchases and services -€3.0m
no longer reported in 2025 (was €3.0m)
- Turnover -€2.8m
no longer reported in 2025 (was €2.8m)
- Financial charges +€1.5m
up €1.5m (+863.1%), from €170,331 to €1.6m
- Write-downs +€178,782
new in 2025: €178,782
- Gross operating margin +€167,191
up €167,191, from -€137,370 to €29,821
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 | €22,971,538 | €27,062,461 | +€4.1m | +17.8% |
| Fixed assets | 21/28 | €17,860,504 | €22,634,565 | +€4.8m | +26.7% |
| Tangible fixed assets | 22/27 | €17,860,504 | €22,634,565 | +€4.8m | +26.7% |
| Land and buildings | 22 | €2,536,300 | €2,536,300 | = | 0.0% |
| Assets under construction and advance payments | 27 | €15,324,204 | €20,098,265 | +€4.8m | +31.2% |
| Current assets | 29/58 | €5,111,034 | €4,427,896 | -€683,138 | -13.4% |
| Stocks and contracts in progress | 3 | €2,285,275 | €1,536,000 | -€749,275 | -32.8% |
| Stocks | 30/36 | €2,285,275 | €1,536,000 | -€749,275 | -32.8% |
| Amounts receivable within one year | 40/41 | €2,762,963 | €2,845,491 | +€82,528 | +3.0% |
| Trade receivables | 40 | - | €111,733 | +€111,733 | |
| Other amounts receivable | 41 | €2,762,963 | €2,733,758 | -€29,205 | -1.1% |
| Cash at bank and in hand | 54/58 | €62,796 | €42,904 | -€19,892 | -31.7% |
| Deferred charges and accrued income | 490/1 | - | €3,500 | +€3,500 | |
| Total equity and liabilities | 10/49 | €22,971,538 | €27,062,461 | +€4.1m | +17.8% |
| Equity | 10/15 | -€1,124,287 | -€3,041,304 | -€1.9m | -170.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,144,692 | -€3,061,709 | -€1.9m | -167.5% |
| Amounts payable | 17/49 | €24,095,825 | €30,103,765 | +€6.0m | +24.9% |
| Amounts payable after more than one year | 17 | €8,504,711 | €9,844,711 | +€1.3m | +15.8% |
| Financial debts | 170/4 | €8,504,711 | €9,844,711 | +€1.3m | +15.8% |
| Amounts payable within one year | 42/48 | €14,872,684 | €19,180,913 | +€4.3m | +29.0% |
| Current portion of amounts payable after more than one year | 42 | €9,219,195 | €16,200,000 | +€7.0m | +75.7% |
| Trade debts | 44 | €2,364,335 | €1,275,283 | -€1.1m | -46.1% |
| Suppliers | 440/4 | €2,364,335 | €1,275,283 | -€1.1m | -46.1% |
| Taxes, remuneration and social security | 45 | €36,523 | €1,524,630 | +€1.5m | +4074.4% |
| Taxes | 450/3 | €36,523 | €1,524,630 | +€1.5m | +4074.4% |
| Other amounts payable | 47/48 | €3,252,631 | €181,000 | -€3.1m | -94.4% |
| Accrued charges and deferred income | 492/3 | €718,430 | €1,078,140 | +€359,711 | +50.1% |
| Turnover | 70 | €2,847,095 | - | -€2.8m | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,984,465 | - | -€3.0m | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €178,782 | +€178,782 | |
| Other operating charges | 640/8 | €3,179 | €127,625 | +€124,446 | +3914.6% |
| Gross operating margin | 9900 | -€137,370 | €29,821 | +€167,191 | |
| Operating profit (loss) | 9901 | -€140,549 | -€276,585 | -€136,036 | -96.8% |
| Financial income | 75/76B | €18 | €1 | -€17 | -95.1% |
| Recurring financial income | 75 | €18 | €1 | -€17 | -95.1% |
| Financial charges | 65/66B | €170,331 | €1,640,433 | +€1.5m | +863.1% |
| Recurring financial charges | 65 | €170,331 | €1,640,433 | +€1.5m | +863.1% |
| Profit (loss) for the period before taxes | 9903 | -€310,862 | -€1,917,017 | -€1.6m | -516.7% |
| Profit (loss) for the period | 9904 | -€310,862 | -€1,917,017 | -€1.6m | -516.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€310,862 | -€1,917,017 | -€1.6m | -516.7% |
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 8 October 2026 via checked.be.