PLASTIC WORKS COMPOSITES: 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.
PLASTIC WORKS COMPOSITES
Largest movements
- Receivables within one year +€19,927
up €19,927 (+62.8%), from €31,742 to €51,669
of which Trade receivables: +€19,661
- Deferred charges and accrued income +€3,814
up €3,814 (+222%), from €1,720 to €5,534
- Cash +€2,848
up €2,848 (+4.8%), from €59,052 to €61,900
mainly Net result for the year (+€25,762) and Tax, wage and social debts (+€1,313)
- Profit (loss) carried forward +€25,762
up €25,762, from -€23,658 to €2,104
- Tax, wage and social debts +€1,313
up €1,313 (+17.6%), from €7,458 to €8,771
of which Taxes: +€1,541
- Other debts -€1,296
down €1,296 (-1.5%), from €85,365 to €84,069
- Turnover -€58,803
no longer reported in 2025 (was €58,803)
- Purchases and services -€47,238
no longer reported in 2025 (was €47,238)
- Gross operating margin +€39,396
up €39,396 (+225%), from €17,493 to €56,889
- Taxes +€7,420
new in 2025: €7,420
- Staff costs -€745
down €745 (-3.1%), from €24,415 to €23,670
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 | €100,833 | €127,099 | +€26,266 | +26.0% |
| Fixed assets | 21/28 | €2,215 | €2,200 | -€15 | -0.7% |
| Tangible fixed assets | 22/27 | €15 | - | -€15 | |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €15 | - | -€15 | |
| Financial fixed assets | 28 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €98,619 | €124,899 | +€26,280 | +26.6% |
| Stocks and contracts in progress | 3 | €6,106 | €5,796 | -€310 | -5.1% |
| Stocks | 30/36 | €6,106 | €5,796 | -€310 | -5.1% |
| Amounts receivable within one year | 40/41 | €31,742 | €51,669 | +€19,927 | +62.8% |
| Trade receivables | 40 | €31,742 | €51,403 | +€19,661 | +61.9% |
| Other amounts receivable | 41 | €0 | €266 | +€266 | |
| Cash at bank and in hand | 54/58 | €59,052 | €61,900 | +€2,848 | +4.8% |
| Deferred charges and accrued income | 490/1 | €1,720 | €5,534 | +€3,814 | +222% |
| Total equity and liabilities | 10/49 | €100,833 | €127,099 | +€26,266 | +26.0% |
| Equity | 10/15 | €2,991 | €28,752 | +€25,761 | +861% |
| Contributions | 10/11 | €24,789 | €24,789 | -€0 | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | -€23,658 | €2,104 | +€25,762 | |
| Amounts payable | 17/49 | €97,843 | €98,347 | +€504 | +0.5% |
| Amounts payable within one year | 42/48 | €97,843 | €97,781 | -€62 | -0.1% |
| Trade debts | 44 | €5,020 | €4,941 | -€79 | -1.6% |
| Suppliers | 440/4 | €5,020 | €4,941 | -€79 | -1.6% |
| Taxes, remuneration and social security | 45 | €7,458 | €8,771 | +€1,313 | +17.6% |
| Taxes | 450/3 | €5,523 | €7,064 | +€1,541 | +27.9% |
| Remuneration and social security | 454/9 | €1,934 | €1,707 | -€227 | -11.8% |
| Other amounts payable | 47/48 | €85,365 | €84,069 | -€1,296 | -1.5% |
| Accrued charges and deferred income | 492/3 | - | €566 | +€566 | |
| Turnover | 70 | €58,803 | - | -€58,803 | |
| Goods, raw materials, services and sundry goods | 60/61 | €47,238 | - | -€47,238 | |
| Remuneration, social security and pensions | 62 | €24,415 | €23,670 | -€745 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €177 | €15 | -€162 | -91.5% |
| Other operating charges | 640/8 | €196 | €168 | -€28 | -14.3% |
| Gross operating margin | 9900 | €17,493 | €56,889 | +€39,396 | +225% |
| Operating profit (loss) | 9901 | -€7,295 | €33,036 | +€40,331 | |
| Financial income | 75/76B | €0 | €283 | +€283 | +2,829,900% |
| Recurring financial income | 75 | €0 | €283 | +€283 | +2,829,900% |
| Financial charges | 65/66B | €136 | €137 | +€1 | +0.7% |
| Recurring financial charges | 65 | €136 | €137 | +€1 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,431 | €33,182 | +€40,613 | |
| Income taxes | 67/77 | - | €7,420 | +€7,420 | |
| Profit (loss) for the period | 9904 | -€7,431 | €25,762 | +€33,193 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,431 | €25,762 | +€33,193 |
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 21 October 2026 via checked.be.