Plastiche Finance: what changed
What changed
Plastiche Finance
filed annual accounts (NBB)
Net result for the year
€14.3m
2024 · €33.7m-€19.5m
Equity
€270.4m
2024 · €256.1m+€14.3m
Cash
€285,207
2024 · €639,112-€353,905
Balance sheet total
€279.5m
2024 · €288.6m-€9.2m
Largest movements
Assets
- Receivables within one year -€13.6m
down €13.6m (-23.8%), from €57.3m to €43.6m
of which Other amounts receivable: -€13.6m
- Tangible fixed assets +€3.6m
up €3.6m (+11.9%), from €30.2m to €33.8m
of which Land and buildings: +€3.5m
Equity and liabilities
- Reserves +€32.8m
up €32.8m (+451%), from €7.3m to €40.0m
of which Distributable reserves: +€32.1m
- Short-term financial debts -€23.3m
down €23.3m (-93.2%), from €25.0m to €1.7m
of which Credit institutions: -€23.3m
- Profit (loss) carried forward -€18.5m
down €18.5m (-57.8%), from €32.1m to €13.5m
Income statement
- Financial income -€22.2m
down €22.2m (-59.1%), from €37.5m to €15.3m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€33.7m
Depreciation
+€1.0m
Other operating charges
-€52,756
Other operating items
+€490,484
Financial income
-€22.2m
Financial charges
+€1.2m
Result 2025
€14.3m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€26.6m
Investment
-€3.7m
Financing
-€23.3m
Cash 2024
€639,112
From operations (derived)
+€26.6m
Net result for the year
+€14.3m
Depreciation
+€124,585
Smaller working-capital items
+€46,479
Receivables within one year
+€13.6m
Deferred charges and accrued income
-€1.2m
Accrued charges and deferred income
-€230,576
Investment (derived)
-€3.7m
Investment in fixed assets (net)
-€3.7m
Financing
-€23.3m
Short-term financial debts
-€23.3m
Cash 2025
€285,207
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €288,649,411 | €279,459,314 | -€9.2m | -3.2% |
| Fixed assets | 21/28 | €224,282,377 | €227,873,896 | +€3.6m | +1.6% |
| Tangible fixed assets | 22/27 | €30,218,799 | €33,810,318 | +€3.6m | +11.9% |
| Land and buildings | 22 | €29,144,564 | €32,641,981 | +€3.5m | +12.0% |
| Plant, machinery and equipment | 23 | €194,983 | €218,305 | +€23,322 | +12.0% |
| Furniture and vehicles | 24 | €879,252 | €950,032 | +€70,781 | +8.1% |
| Financial fixed assets | 28 | €194,063,578 | €194,063,578 | = | 0.0% |
| Affiliated companies | 280/1 | €194,003,578 | €194,003,578 | = | 0.0% |
| Participating interests | 280 | €194,003,578 | €194,003,578 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €60,000 | €60,000 | = | 0.0% |
| Participating interests | 282 | €60,000 | €60,000 | = | 0.0% |
| Current assets | 29/58 | €64,367,034 | €51,585,418 | -€12.8m | -19.9% |
| Amounts receivable after more than one year | 29 | €100,000 | €92,000 | -€8,000 | -8.0% |
| Other amounts receivable | 291 | €100,000 | €92,000 | -€8,000 | -8.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €57,266,647 | €43,639,451 | -€13.6m | -23.8% |
| Trade receivables | 40 | €9,270 | €0 | -€9,270 | -100% |
| Other amounts receivable | 41 | €57,257,377 | €43,639,451 | -€13.6m | -23.8% |
| Current investments | 50/53 | €0 | - | = | |
| Other investments | 51/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €639,112 | €285,207 | -€353,905 | -55.4% |
| Deferred charges and accrued income | 490/1 | €6,361,275 | €7,568,760 | +€1.2m | +19.0% |
| Total equity and liabilities | 10/49 | €288,649,411 | €279,459,314 | -€9.2m | -3.2% |
| Equity | 10/15 | €256,124,685 | €270,376,686 | +€14.3m | +5.6% |
| Contributions | 10/11 | €216,802,580 | €216,802,580 | = | 0.0% |
| Capital | 10 | €216,802,580 | €216,802,580 | = | 0.0% |
| Issued capital | 100 | €216,802,580 | €216,802,580 | = | 0.0% |
| Reserves | 13 | €7,262,353 | €40,035,105 | +€32.8m | +451% |
| Non-distributable reserves | 130/1 | €4,688,000 | €5,401,000 | +€713,000 | +15.2% |
| Legal reserve | 130 | €4,688,000 | €5,401,000 | +€713,000 | +15.2% |
| Distributable reserves | 133 | €2,574,353 | €34,634,105 | +€32.1m | +1,245% |
| Profit (loss) carried forward | 14 | €32,059,752 | €13,539,001 | -€18.5m | -57.8% |
| Amounts payable | 17/49 | €32,524,726 | €9,082,629 | -€23.4m | -72.1% |
| Amounts payable after more than one year | 17 | €4,788,000 | €4,788,000 | = | 0.0% |
| Financial debts | 170/4 | €4,788,000 | €4,788,000 | = | 0.0% |
| Subordinated loans | 170 | €4,788,000 | €4,788,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,049,473 | €1,837,952 | -€23.2m | -92.7% |
| Financial debts | 43 | €24,950,449 | €1,700,449 | -€23.3m | -93.2% |
| Credit institutions | 430/8 | €23,250,000 | €0 | -€23.3m | -100% |
| Other loans | 439 | €1,700,449 | €1,700,449 | = | 0.0% |
| Trade debts | 44 | €99,024 | €137,503 | +€38,479 | +38.9% |
| Suppliers | 440/4 | €99,024 | €137,503 | +€38,479 | +38.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €2,687,253 | €2,456,677 | -€230,576 | -8.6% |
| Operating income | 70/76A | €87,184 | €497,536 | +€410,352 | +471% |
| Other operating income | 74 | €87,184 | €83,845 | -€3,339 | -3.8% |
| Non-recurring operating income | 76A | €0 | €413,691 | +€413,691 | |
| Operating charges | 60/66A | €2,193,639 | €1,120,280 | -€1.1m | -48.9% |
| Services and other goods | 61 | €585,375 | €505,244 | -€80,132 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,170,568 | €124,585 | -€1.0m | -89.4% |
| Other operating charges | 640/8 | €437,696 | €490,452 | +€52,756 | +12.1% |
| Operating profit (loss) | 9901 | -€2,106,455 | -€622,744 | +€1.5m | +70.4% |
| Financial income | 75/76B | €37,496,218 | €15,335,574 | -€22.2m | -59.1% |
| Recurring financial income | 75 | €37,496,218 | €15,335,574 | -€22.2m | -59.1% |
| Income from financial fixed assets | 750 | €20,245,425 | €14,029,075 | -€6.2m | -30.7% |
| Income from current assets | 751 | €2,247,618 | €1,306,499 | -€941,119 | -41.9% |
| Other financial income | 752/9 | €15,003,175 | €0 | -€15.0m | -100% |
| Financial charges | 65/66B | €1,642,011 | €460,829 | -€1.2m | -71.9% |
| Recurring financial charges | 65 | €1,642,011 | €460,829 | -€1.2m | -71.9% |
| Debt charges | 650 | €1,662,184 | €427,206 | -€1.2m | -74.3% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€65,290 | €0 | +€65,290 | |
| Other financial charges | 652/9 | €45,118 | €33,624 | -€11,494 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €33,747,752 | €14,252,001 | -€19.5m | -57.8% |
| Profit (loss) for the period | 9904 | €33,747,752 | €14,252,001 | -€19.5m | -57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,747,752 | €14,252,001 | -€19.5m | -57.8% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.