PLASMAN: 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.
PLASMAN
Largest movements
- Stocks and contracts +€319,839
new in 2025: €319,839
- Cash -€140,264
down €140,264 (-79.1%), from €177,282 to €37,018
mainly Stocks and contracts (-€319,839) and Investment in fixed assets (net) (-€7,469)
- Receivables within one year -€35,058
down €35,058 (-51.3%), from €68,369 to €33,311
of which Trade receivables: -€18,394
- Debts after one year +€135,034
up €135,034 (+14.1%), from €954,373 to €1.1m
of which Other amounts payable: +€97,652
- Depreciation +€4,269
up €4,269 (+72.7%), from €5,869 to €10,138
- Taxes -€3,621
down €3,621 (-91.3%), from €3,964 to €343
- Gross operating margin -€2,483
down €2,483 (-27.5%), from €9,044 to €6,561
- Financial charges +€676
up €676 (+167.0%), from €405 to €1,081
- Financial income -€381
down €381 (-13.8%), from €2,761 to €2,380
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 | €1,320,385 | €1,461,750 | +€141,365 | +10.7% |
| Fixed assets | 21/28 | €1,074,137 | €1,071,468 | -€2,669 | -0.2% |
| Tangible fixed assets | 22/27 | €1,074,137 | €1,071,468 | -€2,669 | -0.2% |
| Land and buildings | 22 | €1,050,866 | €1,062,720 | +€11,853 | +1.1% |
| Plant, machinery and equipment | 23 | €4,471 | €3,075 | -€1,395 | -31.2% |
| Furniture and vehicles | 24 | - | €5,673 | +€5,673 | |
| Assets under construction and advance payments | 27 | €18,800 | - | -€18,800 | |
| Current assets | 29/58 | €246,248 | €390,282 | +€144,034 | +58.5% |
| Stocks and contracts in progress | 3 | - | €319,839 | +€319,839 | |
| Stocks | 30/36 | - | €319,839 | +€319,839 | |
| Amounts receivable within one year | 40/41 | €68,369 | €33,311 | -€35,058 | -51.3% |
| Trade receivables | 40 | €28,918 | €10,524 | -€18,394 | -63.6% |
| Other amounts receivable | 41 | €39,451 | €22,787 | -€16,664 | -42.2% |
| Cash at bank and in hand | 54/58 | €177,282 | €37,018 | -€140,264 | -79.1% |
| Deferred charges and accrued income | 490/1 | €597 | €114 | -€483 | -80.9% |
| Total equity and liabilities | 10/49 | €1,320,385 | €1,461,750 | +€141,365 | +10.7% |
| Equity | 10/15 | €302,750 | €295,516 | -€7,234 | -2.4% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €28,895 | €28,895 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €16,500 | €16,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,279 | €140,365 | -€4,914 | -3.4% |
| Investment grants | 15 | €4,629 | €2,310 | -€2,320 | -50.1% |
| Amounts payable | 17/49 | €1,017,636 | €1,166,234 | +€148,599 | +14.6% |
| Amounts payable after more than one year | 17 | €954,373 | €1,089,407 | +€135,034 | +14.1% |
| Financial debts | 170/4 | - | €37,382 | +€37,382 | |
| Other amounts payable | 178/9 | €954,373 | €1,052,025 | +€97,652 | +10.2% |
| Amounts payable within one year | 42/48 | €63,262 | €75,942 | +€12,679 | +20.0% |
| Current portion of amounts payable after more than one year | 42 | - | €6,221 | +€6,221 | |
| Trade debts | 44 | €9,224 | €18,680 | +€9,456 | +102.5% |
| Suppliers | 440/4 | €9,224 | €18,680 | +€9,456 | +102.5% |
| Taxes, remuneration and social security | 45 | €6,328 | €962 | -€5,365 | -84.8% |
| Taxes | 450/3 | €6,328 | €962 | -€5,365 | -84.8% |
| Other amounts payable | 47/48 | €47,711 | €50,078 | +€2,368 | +5.0% |
| Accrued charges and deferred income | 492/3 | - | €885 | +€885 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,869 | €10,138 | +€4,269 | +72.7% |
| Other operating charges | 640/8 | €2,604 | €2,294 | -€310 | -11.9% |
| Gross operating margin | 9900 | €9,044 | €6,561 | -€2,483 | -27.5% |
| Operating profit (loss) | 9901 | €571 | -€5,871 | -€6,442 | |
| Financial income | 75/76B | €2,761 | €2,380 | -€381 | -13.8% |
| Recurring financial income | 75 | €2,761 | €2,380 | -€381 | -13.8% |
| Financial charges | 65/66B | €405 | €1,081 | +€676 | +167.0% |
| Recurring financial charges | 65 | €405 | €1,081 | +€676 | +167.0% |
| Profit (loss) for the period before taxes | 9903 | €2,928 | -€4,571 | -€7,499 | |
| Income taxes | 67/77 | €3,964 | €343 | -€3,621 | -91.3% |
| Profit (loss) for the period | 9904 | -€1,037 | -€4,914 | -€3,878 | -374.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,037 | -€4,914 | -€3,878 | -374.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.