PLASTEEL: 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.
PLASTEEL
Largest movements
- Receivables within one year +€148,994
up €148,994 (+127.4%), from €116,978 to €265,973
of which Trade receivables: +€127,299
- Current investments +€15,000
up €15,000 (+39.4%), from €38,084 to €53,083
- Tangible fixed assets +€12,899
up €12,899 (+9.4%), from €137,453 to €150,352
of which Other tangible fixed assets: +€7,102
- Stocks and contracts -€6,705
down €6,705 (-42.5%), from €15,768 to €9,063
- Trade debts +€63,680
up €63,680 (+79.6%), from €80,016 to €143,696
- Other debts +€43,066
new in 2025: €43,066
- Tax, wage and social debts +€29,979
up €29,979 (+157.9%), from €18,992 to €48,971
of which Taxes: +€29,727
- Reserves +€25,000
up €25,000 (+31.3%), from €79,993 to €104,993
of which Distributable reserves: +€25,000
- Short-term financial debts -€7,016
down €7,016 (-10.0%), from €70,200 to €63,184
- Gross operating margin +€78,998
up €78,998 (+59.8%), from €132,003 to €211,002
- Taxes +€30,583
up €30,583 (+370.1%), from €8,263 to €38,846
- Other operating charges -€5,093
down €5,093 (-62.8%), from €8,106 to €3,013
- Depreciation +€4,381
up €4,381 (+16.3%), from €26,957 to €31,338
- Staff costs +€2,696
up €2,696 (+4.6%), from €59,210 to €61,906
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 | €324,444 | €490,062 | +€165,618 | +51.0% |
| Fixed assets | 21/28 | €137,953 | €150,852 | +€12,899 | +9.4% |
| Tangible fixed assets | 22/27 | €137,453 | €150,352 | +€12,899 | +9.4% |
| Land and buildings | 22 | €52,219 | €46,103 | -€6,116 | -11.7% |
| Plant, machinery and equipment | 23 | €7,439 | €13,311 | +€5,872 | +78.9% |
| Furniture and vehicles | 24 | €43,590 | €49,632 | +€6,042 | +13.9% |
| Other tangible fixed assets | 26 | €34,205 | €41,307 | +€7,102 | +20.8% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €186,491 | €339,210 | +€152,719 | +81.9% |
| Stocks and contracts in progress | 3 | €15,768 | €9,063 | -€6,705 | -42.5% |
| Stocks | 30/36 | €15,768 | €9,063 | -€6,705 | -42.5% |
| Amounts receivable within one year | 40/41 | €116,978 | €265,973 | +€148,994 | +127.4% |
| Trade receivables | 40 | €88,391 | €215,690 | +€127,299 | +144.0% |
| Other amounts receivable | 41 | €28,587 | €50,283 | +€21,695 | +75.9% |
| Current investments | 50/53 | €38,084 | €53,083 | +€15,000 | +39.4% |
| Cash at bank and in hand | 54/58 | €8,913 | €5,506 | -€3,407 | -38.2% |
| Deferred charges and accrued income | 490/1 | €6,748 | €5,585 | -€1,164 | -17.2% |
| Total equity and liabilities | 10/49 | €324,444 | €490,062 | +€165,618 | +51.0% |
| Equity | 10/15 | €111,814 | €139,873 | +€28,059 | +25.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €79,993 | €104,993 | +€25,000 | +31.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,183 | €8,183 | = | 0.0% |
| Distributable reserves | 133 | €69,951 | €94,951 | +€25,000 | +35.7% |
| Profit (loss) carried forward | 14 | €13,229 | €16,288 | +€3,059 | +23.1% |
| Amounts payable | 17/49 | €212,629 | €350,189 | +€137,559 | +64.7% |
| Amounts payable after more than one year | 17 | €24,962 | €25,722 | +€760 | +3.0% |
| Financial debts | 170/4 | €24,962 | €25,722 | +€760 | +3.0% |
| Amounts payable within one year | 42/48 | €186,045 | €317,474 | +€131,429 | +70.6% |
| Current portion of amounts payable after more than one year | 42 | €16,068 | €18,556 | +€2,489 | +15.5% |
| Financial debts | 43 | €70,200 | €63,184 | -€7,016 | -10.0% |
| Credit institutions | 430/8 | €70,200 | €63,184 | -€7,016 | -10.0% |
| Trade debts | 44 | €80,016 | €143,696 | +€63,680 | +79.6% |
| Suppliers | 440/4 | €80,016 | €143,696 | +€63,680 | +79.6% |
| Advances received on contracts in progress | 46 | €769 | - | -€769 | |
| Taxes, remuneration and social security | 45 | €18,992 | €48,971 | +€29,979 | +157.9% |
| Taxes | 450/3 | €12,798 | €42,524 | +€29,727 | +232.3% |
| Remuneration and social security | 454/9 | €6,194 | €6,447 | +€253 | +4.1% |
| Other amounts payable | 47/48 | - | €43,066 | +€43,066 | |
| Accrued charges and deferred income | 492/3 | €1,622 | €6,993 | +€5,370 | +331.0% |
| Non-recurring operating income | 76A | - | €2,826 | +€2,826 | |
| Remuneration, social security and pensions | 62 | €59,210 | €61,906 | +€2,696 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,957 | €31,338 | +€4,381 | +16.3% |
| Other operating charges | 640/8 | €8,106 | €3,013 | -€5,093 | -62.8% |
| Non-recurring operating charges | 66A | €639 | - | -€639 | |
| Gross operating margin | 9900 | €132,003 | €211,002 | +€78,998 | +59.8% |
| Operating profit (loss) | 9901 | €37,092 | €114,744 | +€77,652 | +209.4% |
| Financial income | 75/76B | €506 | €1,991 | +€1,485 | +293.6% |
| Recurring financial income | 75 | €506 | €1,991 | +€1,485 | +293.6% |
| Financial charges | 65/66B | €9,363 | €6,830 | -€2,533 | -27.1% |
| Recurring financial charges | 65 | €9,363 | €6,830 | -€2,533 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €28,235 | €109,905 | +€81,670 | +289.3% |
| Income taxes | 67/77 | €8,263 | €38,846 | +€30,583 | +370.1% |
| Profit (loss) for the period | 9904 | €19,972 | €71,059 | +€51,087 | +255.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,972 | €71,059 | +€51,087 | +255.8% |
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 2 October 2026 via checked.be.