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 +€281,011
up €281,011 (+2,158%), from €13,020 to €294,031
of which Trade receivables: +€280,534
- Tangible fixed assets +€38,165
up €38,165 (+7.6%), from €499,119 to €537,284
of which Plant, machinery and equipment: +€44,500
- Stocks and contracts -€31,890
down €31,890 (-21.3%), from €150,000 to €118,110
- Profit (loss) carried forward +€114,865
up €114,865 (+165%), from €69,760 to €184,625
- Tax, wage and social debts +€65,724
up €65,724 (+522%), from €12,591 to €78,315
of which Taxes: +€64,831
- Trade debts +€43,044
up €43,044 (+136%), from €31,645 to €74,689
- Accrued charges and deferred income +€31,703
new in 2025: €31,703
- Debts after one year +€16,974
up €16,974 (+4.0%), from €420,644 to €437,619
of which Financial debts: +€11,500
- Gross operating margin +€153,761
up €153,761 (+316%), from €48,665 to €202,426
- Taxes +€30,000
new in 2025: €30,000
- Depreciation +€7,591
up €7,591 (+17.1%), from €44,423 to €52,014
- Other operating charges -€3,910
down €3,910 (-60.1%), from €6,501 to €2,591
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.
Derived cash bridge
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 | €669,894 | €957,946 | +€288,052 | +43.0% |
| Fixed assets | 21/28 | €499,119 | €537,284 | +€38,165 | +7.6% |
| Tangible fixed assets | 22/27 | €499,119 | €537,284 | +€38,165 | +7.6% |
| Land and buildings | 22 | €385,386 | €364,051 | -€21,335 | -5.5% |
| Plant, machinery and equipment | 23 | €65,310 | €109,810 | +€44,500 | +68.1% |
| Furniture and vehicles | 24 | €48,423 | €48,423 | = | 0.0% |
| Other tangible fixed assets | 26 | - | €15,000 | +€15,000 | |
| Current assets | 29/58 | €170,775 | €420,662 | +€249,887 | +146% |
| Stocks and contracts in progress | 3 | €150,000 | €118,110 | -€31,890 | -21.3% |
| Stocks | 30/36 | €150,000 | €118,110 | -€31,890 | -21.3% |
| Amounts receivable within one year | 40/41 | €13,020 | €294,031 | +€281,011 | +2,158% |
| Trade receivables | 40 | €12,009 | €292,543 | +€280,534 | +2,336% |
| Other amounts receivable | 41 | €1,010 | €1,488 | +€478 | +47.3% |
| Cash at bank and in hand | 54/58 | €3,768 | €5,150 | +€1,382 | +36.7% |
| Deferred charges and accrued income | 490/1 | €3,987 | €3,371 | -€616 | -15.5% |
| Total equity and liabilities | 10/49 | €669,894 | €957,946 | +€288,052 | +43.0% |
| Equity | 10/15 | €165,652 | €280,517 | +€114,865 | +69.3% |
| Contributions | 10/11 | €93,592 | €93,592 | = | 0.0% |
| Reserves | 13 | €2,299 | €2,299 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,299 | €2,299 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,299 | €2,299 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,760 | €184,625 | +€114,865 | +165% |
| Amounts payable | 17/49 | €504,242 | €677,429 | +€173,187 | +34.3% |
| Amounts payable after more than one year | 17 | €420,644 | €437,619 | +€16,974 | +4.0% |
| Financial debts | 170/4 | €43,195 | €54,695 | +€11,500 | +26.6% |
| Other amounts payable | 178/9 | €377,450 | €382,924 | +€5,474 | +1.5% |
| Amounts payable within one year | 42/48 | €83,598 | €208,107 | +€124,509 | +149% |
| Current portion of amounts payable after more than one year | 42 | €39,362 | €43,833 | +€4,472 | +11.4% |
| Trade debts | 44 | €31,645 | €74,689 | +€43,044 | +136% |
| Suppliers | 440/4 | €31,645 | €74,689 | +€43,044 | +136% |
| Advances received on contracts in progress | 46 | - | €11,270 | +€11,270 | |
| Taxes, remuneration and social security | 45 | €12,591 | €78,315 | +€65,724 | +522% |
| Taxes | 450/3 | €8,721 | €73,553 | +€64,831 | +743% |
| Remuneration and social security | 454/9 | €3,870 | €4,762 | +€892 | +23.1% |
| Accrued charges and deferred income | 492/3 | - | €31,703 | +€31,703 | |
| Non-recurring operating income | 76A | - | €1,250 | +€1,250 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,423 | €52,014 | +€7,591 | +17.1% |
| Other operating charges | 640/8 | €6,501 | €2,591 | -€3,910 | -60.1% |
| Gross operating margin | 9900 | €48,665 | €202,426 | +€153,761 | +316% |
| Operating profit (loss) | 9901 | -€2,259 | €147,821 | +€150,079 | |
| Financial income | 75/76B | €99 | €0 | -€99 | -100.0% |
| Recurring financial income | 75 | €99 | €0 | -€99 | -100.0% |
| Financial charges | 65/66B | €2,920 | €2,956 | +€36 | +1.2% |
| Recurring financial charges | 65 | €2,920 | €2,956 | +€36 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,080 | €144,865 | +€149,944 | |
| Income taxes | 67/77 | - | €30,000 | +€30,000 | |
| Profit (loss) for the period | 9904 | -€5,080 | €114,865 | +€119,944 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,080 | €114,865 | +€119,944 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.