Plantsoen: 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.
Plantsoen
Largest movements
- Financial fixed assets +€2.1m
new in 2026: €2.1m
- Tangible fixed assets +€750,486
up €750,486 (+204%), from €367,794 to €1.1m
of which Land and buildings: +€734,184
- Receivables within one year +€81,024
up €81,024 (+41.7%), from €194,322 to €275,346
of which Trade receivables: +€46,080
- Stocks and contracts +€74,482
up €74,482 (+22.2%), from €335,827 to €410,309
- Cash -€52,711
down €52,711 (-76.6%), from €68,810 to €16,099
mainly Investment in fixed assets (net) (-€3.0m) and Receivables within one year (-€81,024)
- Debts after one year +€2.6m
up €2.6m (+853%), from €303,872 to €2.9m
- Reserves +€140,309
up €140,309 (+60.1%), from €233,543 to €373,852
- Short-term financial debts +€140,000
up €140,000 (+127%), from €110,000 to €250,000
- Current portion of long-term debt +€90,305
up €90,305 (+137%), from €65,733 to €156,039
- Trade debts +€80,985
up €80,985 (+69.7%), from €116,121 to €197,106
- Staff costs +€149,177
up €149,177 (+47.8%), from €312,183 to €461,360
- Gross operating margin +€143,548
up €143,548 (+22.3%), from €643,594 to €787,142
- Depreciation +€32,106
up €32,106 (+77.3%), from €41,555 to €73,662
- Financial charges +€19,291
up €19,291 (+74.9%), from €25,761 to €45,053
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €970,910 | €3,957,255 | +€3.0m | +308% |
| Fixed assets | 21/28 | €369,088 | €3,255,045 | +€2.9m | +782% |
| Intangible fixed assets | 21 | €1,295 | €1,105 | -€190 | -14.7% |
| Tangible fixed assets | 22/27 | €367,794 | €1,118,280 | +€750,486 | +204% |
| Land and buildings | 22 | €311,208 | €1,045,392 | +€734,184 | +236% |
| Plant, machinery and equipment | 23 | €52,704 | €65,652 | +€12,948 | +24.6% |
| Furniture and vehicles | 24 | €3,882 | €7,236 | +€3,354 | +86.4% |
| Financial fixed assets | 28 | - | €2,135,661 | +€2.1m | |
| Current assets | 29/58 | €601,821 | €702,210 | +€100,389 | +16.7% |
| Stocks and contracts in progress | 3 | €335,827 | €410,309 | +€74,482 | +22.2% |
| Stocks | 30/36 | €335,827 | €410,309 | +€74,482 | +22.2% |
| Amounts receivable within one year | 40/41 | €194,322 | €275,346 | +€81,024 | +41.7% |
| Trade receivables | 40 | €172,253 | €218,334 | +€46,080 | +26.8% |
| Other amounts receivable | 41 | €22,068 | €57,013 | +€34,944 | +158% |
| Cash at bank and in hand | 54/58 | €68,810 | €16,099 | -€52,711 | -76.6% |
| Deferred charges and accrued income | 490/1 | €2,863 | €457 | -€2,406 | -84.0% |
| Total equity and liabilities | 10/49 | €970,910 | €3,957,255 | +€3.0m | +308% |
| Equity | 10/15 | €253,543 | €393,852 | +€140,309 | +55.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €233,543 | €373,852 | +€140,309 | +60.1% |
| Distributable reserves | 133 | €233,543 | €373,852 | +€140,309 | +60.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €717,367 | €3,563,403 | +€2.8m | +397% |
| Amounts payable after more than one year | 17 | €303,872 | €2,896,549 | +€2.6m | +853% |
| Financial debts | 170/4 | €303,872 | €2,896,549 | +€2.6m | +853% |
| Amounts payable within one year | 42/48 | €403,426 | €662,478 | +€259,052 | +64.2% |
| Current portion of amounts payable after more than one year | 42 | €65,733 | €156,039 | +€90,305 | +137% |
| Financial debts | 43 | €110,000 | €250,000 | +€140,000 | +127% |
| Credit institutions | 430/8 | €110,000 | €250,000 | +€140,000 | +127% |
| Trade debts | 44 | €116,121 | €197,106 | +€80,985 | +69.7% |
| Suppliers | 440/4 | €116,121 | €197,106 | +€80,985 | +69.7% |
| Taxes, remuneration and social security | 45 | €61,349 | €59,123 | -€2,226 | -3.6% |
| Taxes | 450/3 | €2,094 | €5,006 | +€2,912 | +139% |
| Remuneration and social security | 454/9 | €59,255 | €54,117 | -€5,138 | -8.7% |
| Other amounts payable | 47/48 | €50,223 | €211 | -€50,012 | -99.6% |
| Accrued charges and deferred income | 492/3 | €10,069 | €4,375 | -€5,693 | -56.5% |
| Remuneration, social security and pensions | 62 | €312,183 | €461,360 | +€149,177 | +47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,555 | €73,662 | +€32,106 | +77.3% |
| Other operating charges | 640/8 | €7,073 | €6,596 | -€476 | -6.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €643,594 | €787,142 | +€143,548 | +22.3% |
| Operating profit (loss) | 9901 | €282,783 | €245,523 | -€37,259 | -13.2% |
| Financial income | 75/76B | €795 | €74 | -€720 | -90.6% |
| Recurring financial income | 75 | €795 | €74 | -€720 | -90.6% |
| Financial charges | 65/66B | €25,761 | €45,053 | +€19,291 | +74.9% |
| Recurring financial charges | 65 | €25,761 | €45,053 | +€19,291 | +74.9% |
| Profit (loss) for the period before taxes | 9903 | €257,816 | €200,545 | -€57,271 | -22.2% |
| Income taxes | 67/77 | €65,741 | €60,236 | -€5,505 | -8.4% |
| Profit (loss) for the period | 9904 | €192,075 | €140,309 | -€51,766 | -27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €192,075 | €140,309 | -€51,766 | -27.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.