PLASSCHAERT: 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.
PLASSCHAERT
Largest movements
- Receivables within one year -€107,844
down €107,844 (-17.5%), from €614,615 to €506,771
of which Other amounts receivable: -€107,844
- Other debts -€69,600
down €69,600 (-66.3%), from €104,930 to €35,330
- Reserves -€35,493
down €35,493 (-19.4%), from €183,348 to €147,855
of which Distributable reserves: -€35,493
- Gross operating margin -€20,700
down €20,700 (-162.5%), from -€12,738 to -€33,439
- Other operating charges -€16,844
down €16,844 (-89.1%), from €18,905 to €2,061
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 | €663,256 | €555,197 | -€108,058 | -16.3% |
| Fixed assets | 21/28 | €48,401 | €48,401 | = | 0.0% |
| Tangible fixed assets | 22/27 | €48,401 | €48,401 | = | 0.0% |
| Land and buildings | 22 | €48,401 | €48,401 | = | 0.0% |
| Current assets | 29/58 | €614,854 | €506,796 | -€108,058 | -17.6% |
| Amounts receivable within one year | 40/41 | €614,615 | €506,771 | -€107,844 | -17.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €614,615 | €506,771 | -€107,844 | -17.5% |
| Cash at bank and in hand | 54/58 | €239 | €25 | -€214 | -89.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €663,256 | €555,197 | -€108,058 | -16.3% |
| Equity | 10/15 | €555,348 | €519,855 | -€35,493 | -6.4% |
| Contributions | 10/11 | €372,000 | €372,000 | = | 0.0% |
| Capital | 10 | €372,000 | €372,000 | = | 0.0% |
| Issued capital | 100 | €372,000 | €372,000 | = | 0.0% |
| Reserves | 13 | €183,348 | €147,855 | -€35,493 | -19.4% |
| Non-distributable reserves | 130/1 | €15,467 | €15,467 | = | 0.0% |
| Legal reserve | 130 | €15,467 | €15,467 | = | 0.0% |
| Distributable reserves | 133 | €167,882 | €132,388 | -€35,493 | -21.1% |
| Amounts payable | 17/49 | €107,907 | €35,342 | -€72,565 | -67.2% |
| Amounts payable within one year | 42/48 | €107,907 | €35,342 | -€72,565 | -67.2% |
| Trade debts | 44 | €2,977 | €12 | -€2,965 | -99.6% |
| Suppliers | 440/4 | €2,977 | €12 | -€2,965 | -99.6% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €104,930 | €35,330 | -€69,600 | -66.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €18,905 | €2,061 | -€16,844 | -89.1% |
| Gross operating margin | 9900 | -€12,738 | -€33,439 | -€20,700 | -162.5% |
| Operating profit (loss) | 9901 | -€31,643 | -€35,499 | -€3,856 | -12.2% |
| Financial income | 75/76B | - | €226 | +€226 | |
| Recurring financial income | 75 | - | €226 | +€226 | |
| Financial charges | 65/66B | €248 | €220 | -€28 | -11.2% |
| Recurring financial charges | 65 | €248 | €220 | -€28 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | -€31,891 | -€35,493 | -€3,602 | -11.3% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€31,891 | -€35,493 | -€3,602 | -11.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,891 | -€35,493 | -€3,602 | -11.3% |
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 9 October 2026 via checked.be.