PLASET BELGIUM: what changed
PLASET BELGIUM
Largest movements
- Tangible fixed assets -€67,439
down €67,439 (-23.9%), from €282,061 to €214,622
of which Plant, machinery and equipment: -€37,595
- Receivables within one year +€16,776
up €16,776 (+115%), from €14,534 to €31,311
of which Trade receivables: +€24,500
- Cash -€10,400
down €10,400 (-50.3%), from €20,659 to €10,259
mainly Net result for the year (-€162,637) and Receivables within one year (-€16,776)
- Financial fixed assets -€4,875
no longer reported in 2025 (was €4,875)
- Profit (loss) carried forward -€162,637
down €162,637 (-29.7%), from -€547,220 to -€709,857
- Other debts +€101,966
up €101,966 (+13.6%), from €752,098 to €854,065
- Trade debts -€6,060
down €6,060 (-17.0%), from €35,705 to €29,645
- Staff costs -€93,282
down €93,282 (-57.4%), from €162,506 to €69,223
- Gross operating margin -€74,820
down €74,820, from €50,145 to -€24,675
- Financial charges -€12,844
down €12,844 (-97.9%), from €13,117 to €273
- Other operating charges -€7,883
down €7,883 (-62.4%), from €12,634 to €4,750
- Depreciation +€673
up €673 (+1.1%), from €58,702 to €59,375
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €353,117 | €283,606 | -€69,511 | -19.7% |
| Fixed assets | 21/28 | €291,782 | €218,192 | -€73,590 | -25.2% |
| Intangible fixed assets | 21 | €4,846 | €3,570 | -€1,276 | -26.3% |
| Tangible fixed assets | 22/27 | €282,061 | €214,622 | -€67,439 | -23.9% |
| Land and buildings | 22 | €60,390 | €54,116 | -€6,274 | -10.4% |
| Plant, machinery and equipment | 23 | €151,452 | €113,858 | -€37,595 | -24.8% |
| Furniture and vehicles | 24 | €70,219 | €46,648 | -€23,571 | -33.6% |
| Financial fixed assets | 28 | €4,875 | - | -€4,875 | |
| Current assets | 29/58 | €61,335 | €65,414 | +€4,079 | +6.7% |
| Stocks and contracts in progress | 3 | €23,582 | €23,582 | = | 0.0% |
| Stocks | 30/36 | €23,582 | €23,582 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,534 | €31,311 | +€16,776 | +115% |
| Trade receivables | 40 | - | €24,500 | +€24,500 | |
| Other amounts receivable | 41 | €14,534 | €6,811 | -€7,724 | -53.1% |
| Cash at bank and in hand | 54/58 | €20,659 | €10,259 | -€10,400 | -50.3% |
| Deferred charges and accrued income | 490/1 | €2,560 | €263 | -€2,297 | -89.7% |
| Total equity and liabilities | 10/49 | €353,117 | €283,606 | -€69,511 | -19.7% |
| Equity | 10/15 | -€447,220 | -€609,857 | -€162,637 | -36.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€547,220 | -€709,857 | -€162,637 | -29.7% |
| Amounts payable | 17/49 | €800,338 | €893,463 | +€93,125 | +11.6% |
| Amounts payable within one year | 42/48 | €800,338 | €893,463 | +€93,125 | +11.6% |
| Trade debts | 44 | €35,705 | €29,645 | -€6,060 | -17.0% |
| Suppliers | 440/4 | €35,705 | €29,645 | -€6,060 | -17.0% |
| Taxes, remuneration and social security | 45 | €12,534 | €9,753 | -€2,781 | -22.2% |
| Taxes | 450/3 | €4,611 | €1,830 | -€2,781 | -60.3% |
| Remuneration and social security | 454/9 | €7,923 | €7,923 | = | 0.0% |
| Other amounts payable | 47/48 | €752,098 | €854,065 | +€101,966 | +13.6% |
| Remuneration, social security and pensions | 62 | €162,506 | €69,223 | -€93,282 | -57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,702 | €59,375 | +€673 | +1.1% |
| Other operating charges | 640/8 | €12,634 | €4,750 | -€7,883 | -62.4% |
| Non-recurring operating charges | 66A | €2,316 | €4,341 | +€2,025 | +87.4% |
| Gross operating margin | 9900 | €50,145 | -€24,675 | -€74,820 | |
| Operating profit (loss) | 9901 | -€186,012 | -€162,364 | +€23,648 | +12.7% |
| Financial charges | 65/66B | €13,117 | €273 | -€12,844 | -97.9% |
| Recurring financial charges | 65 | €13,117 | €273 | -€12,844 | -97.9% |
| Profit (loss) for the period before taxes | 9903 | -€199,129 | -€162,637 | +€36,492 | +18.3% |
| Profit (loss) for the period | 9904 | -€199,129 | -€162,637 | +€36,492 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€199,129 | -€162,637 | +€36,492 | +18.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.