PLASTIBAC: 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.
PLASTIBAC
Largest movements
- Stocks and contracts +€66,581
up €66,581 (+2.4%), from €2.7m to €2.8m
- Receivables within one year +€65,546
up €65,546 (+7.0%), from €933,329 to €998,874
of which Trade receivables: +€80,043
- Tangible fixed assets +€49,931
up €49,931 (+1701.0%), from €2,935 to €52,866
of which Plant, machinery and equipment: +€49,931
- Trade debts +€1.4m
up €1.4m (+339.4%), from €409,132 to €1.8m
- Debts after one year -€900,000
down €900,000 (-100.0%), from €900,000 to €0
- Reserves -€283,409
down €283,409 (-13.0%), from €2.2m to €1.9m
of which Distributable reserves: -€283,409
- Tax, wage and social debts -€43,841
down €43,841 (-30.8%), from €142,562 to €98,721
of which Taxes: -€29,039
- Gross operating margin +€130,534
up €130,534 (+21.1%), from €619,636 to €750,170
- Taxes +€29,591
up €29,591 (+62.8%), from €47,126 to €76,717
- Financial income -€28,169
down €28,169 (-19.0%), from €148,189 to €120,020
- Financial charges -€26,162
down €26,162 (-30.8%), from €84,920 to €58,758
- Write-downs +€24,010
up €24,010 (+125.1%), from €19,192 to €43,202
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 | €3,688,480 | €3,866,736 | +€178,256 | +4.8% |
| Fixed assets | 21/28 | €5,116 | €56,363 | +€51,247 | +1001.8% |
| Intangible fixed assets | 21 | €1,180 | €2,497 | +€1,316 | +111.5% |
| Tangible fixed assets | 22/27 | €2,935 | €52,866 | +€49,931 | +1701.0% |
| Plant, machinery and equipment | 23 | €2,935 | €52,866 | +€49,931 | +1701.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €3,683,365 | €3,810,374 | +€127,009 | +3.4% |
| Stocks and contracts in progress | 3 | €2,723,555 | €2,790,136 | +€66,581 | +2.4% |
| Stocks | 30/36 | €2,723,555 | €2,790,136 | +€66,581 | +2.4% |
| Amounts receivable within one year | 40/41 | €933,329 | €998,874 | +€65,546 | +7.0% |
| Trade receivables | 40 | €669,858 | €749,901 | +€80,043 | +11.9% |
| Other amounts receivable | 41 | €263,471 | €248,973 | -€14,498 | -5.5% |
| Cash at bank and in hand | 54/58 | €0 | €8,875 | +€8,875 | |
| Deferred charges and accrued income | 490/1 | €26,481 | €12,488 | -€13,992 | -52.8% |
| Total equity and liabilities | 10/49 | €3,688,480 | €3,866,736 | +€178,256 | +4.8% |
| Equity | 10/15 | €2,236,786 | €1,953,377 | -€283,409 | -12.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €2,175,286 | €1,891,877 | -€283,409 | -13.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €2,169,136 | €1,885,727 | -€283,409 | -13.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,451,694 | €1,913,359 | +€461,665 | +31.8% |
| Amounts payable after more than one year | 17 | €900,000 | €0 | -€900,000 | -100.0% |
| Other amounts payable | 178/9 | €900,000 | €0 | -€900,000 | -100.0% |
| Amounts payable within one year | 42/48 | €551,694 | €1,913,359 | +€1.4m | +246.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €409,132 | €1,797,758 | +€1.4m | +339.4% |
| Suppliers | 440/4 | €409,132 | €1,797,758 | +€1.4m | +339.4% |
| Advances received on contracts in progress | 46 | - | €16,881 | +€16,881 | |
| Taxes, remuneration and social security | 45 | €142,562 | €98,721 | -€43,841 | -30.8% |
| Taxes | 450/3 | €72,798 | €43,759 | -€29,039 | -39.9% |
| Remuneration and social security | 454/9 | €69,764 | €54,962 | -€14,802 | -21.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | €21,372 | +€21,372 | |
| Remuneration, social security and pensions | 62 | €474,943 | €458,463 | -€16,480 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,164 | €11,628 | -€6,535 | -36.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,192 | €43,202 | +€24,010 | +125.1% |
| Other operating charges | 640/8 | €6,562 | €4,831 | -€1,731 | -26.4% |
| Gross operating margin | 9900 | €619,636 | €750,170 | +€130,534 | +21.1% |
| Operating profit (loss) | 9901 | €100,775 | €232,046 | +€131,270 | +130.3% |
| Financial income | 75/76B | €148,189 | €120,020 | -€28,169 | -19.0% |
| Recurring financial income | 75 | €148,189 | €120,020 | -€28,169 | -19.0% |
| Financial charges | 65/66B | €84,920 | €58,758 | -€26,162 | -30.8% |
| Recurring financial charges | 65 | €84,920 | €58,758 | -€26,162 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €164,044 | €293,307 | +€129,263 | +78.8% |
| Income taxes | 67/77 | €47,126 | €76,717 | +€29,591 | +62.8% |
| Profit (loss) for the period | 9904 | €116,918 | €216,591 | +€99,673 | +85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €116,918 | €216,591 | +€99,673 | +85.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.