Plasticor: 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.
What changed
Plasticor
NACE 46.869, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€234,810
2024 · €173,801+€61,009
Equity
€3.5m
2024 · €3.3m+€232,435
Cash
€464,806
2024 · €480,245-€15,439
Balance sheet total
€4.6m
2024 · €4.5m+€102,798
Largest movements
Assets
- Receivables within one year +€63,963
up €63,963 (+43.2%), from €148,126 to €212,089
of which Trade receivables: +€84,163
Equity and liabilities
- Reserves +€232,435
up €232,435 (+9.7%), from €2.4m to €2.6m
of which Distributable reserves: +€232,435
- Other debts -€194,099
down €194,099 (-16.3%), from €1.2m to €994,631
- Trade debts +€57,617
up €57,617 (+119.2%), from €48,345 to €105,962
Income statement
- Gross operating margin +€70,016
up €70,016 (+24.2%), from €289,525 to €359,541
- Taxes +€27,754
up €27,754 (+62.5%), from €44,441 to €72,195
- Staff costs -€24,563
down €24,563 (-13.8%), from €177,615 to €153,052
- Financial income -€11,440
down €11,440 (-7.9%), from €145,395 to €133,954
- Financial charges -€6,008
down €6,008 (-43.2%), from €13,900 to €7,892
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.
Result 2024
€173,801
Gross operating margin
+€70,016
Staff costs
+€24,563
Depreciation
+€1,627
Write-downs
-€651
Other operating charges
-€70
Other operating items
-€1,289
Financial income
-€11,440
Financial charges
+€6,008
Taxes
-€27,754
Result 2025
€234,810
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.
From operations
+€63,865
Investment
-€77,182
Financing
-€2,123
Cash 2024
€480,245
From operations (derived)
+€63,865
Net result for the year
+€234,810
Depreciation
+€22,159
Stocks and contracts
+€3,044
Receivables within one year
-€63,963
Deferred charges and accrued income
-€2,295
Trade debts
+€57,617
Tax, wage and social debts
+€6,593
Other debts
-€194,099
Investment (derived)
-€77,182
Investment in fixed assets (net)
-€67,182
Current investments
-€10,000
Financing
-€2,123
Short-term financial debts
+€252
Contributions, distributions and other
-€2,375
Cash 2025
€464,806
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,546,891 | €4,649,689 | +€102,798 | +2.3% |
| Fixed assets | 21/28 | €3,067,091 | €3,112,114 | +€45,023 | +1.5% |
| Tangible fixed assets | 22/27 | €58,660 | €103,683 | +€45,023 | +76.8% |
| Furniture and vehicles | 24 | €58,660 | €103,683 | +€45,023 | +76.8% |
| Financial fixed assets | 28 | €3,008,430 | €3,008,430 | = | 0.0% |
| Current assets | 29/58 | €1,479,800 | €1,537,576 | +€57,775 | +3.9% |
| Stocks and contracts in progress | 3 | €28,447 | €25,403 | -€3,044 | -10.7% |
| Stocks | 30/36 | €28,447 | €25,403 | -€3,044 | -10.7% |
| Amounts receivable within one year | 40/41 | €148,126 | €212,089 | +€63,963 | +43.2% |
| Trade receivables | 40 | €118,126 | €202,289 | +€84,163 | +71.2% |
| Other amounts receivable | 41 | €30,000 | €9,800 | -€20,200 | -67.3% |
| Current investments | 50/53 | €815,000 | €825,000 | +€10,000 | +1.2% |
| Cash at bank and in hand | 54/58 | €480,245 | €464,806 | -€15,439 | -3.2% |
| Deferred charges and accrued income | 490/1 | €7,982 | €10,277 | +€2,295 | +28.8% |
| Total equity and liabilities | 10/49 | €4,546,891 | €4,649,689 | +€102,798 | +2.3% |
| Equity | 10/15 | €3,260,985 | €3,493,420 | +€232,435 | +7.1% |
| Contributions | 10/11 | €95,000 | €95,000 | = | 0.0% |
| Capital | 10 | €95,000 | €95,000 | = | 0.0% |
| Issued capital | 100 | €95,000 | €95,000 | = | 0.0% |
| Revaluation surpluses | 12 | €769,817 | €769,817 | = | 0.0% |
| Reserves | 13 | €2,396,169 | €2,628,604 | +€232,435 | +9.7% |
| Non-distributable reserves | 130/1 | €9,500 | €9,500 | = | 0.0% |
| Legal reserve | 130 | €9,500 | €9,500 | = | 0.0% |
| Distributable reserves | 133 | €2,386,669 | €2,619,104 | +€232,435 | +9.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,285,906 | €1,156,269 | -€129,637 | -10.1% |
| Amounts payable within one year | 42/48 | €1,285,906 | €1,156,269 | -€129,637 | -10.1% |
| Financial debts | 43 | €0 | €252 | +€252 | |
| Credit institutions | 430/8 | - | €252 | +€252 | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €48,345 | €105,962 | +€57,617 | +119.2% |
| Suppliers | 440/4 | €48,345 | €105,962 | +€57,617 | +119.2% |
| Taxes, remuneration and social security | 45 | €48,830 | €55,423 | +€6,593 | +13.5% |
| Taxes | 450/3 | €22,921 | €40,045 | +€17,124 | +74.7% |
| Remuneration and social security | 454/9 | €25,909 | €15,378 | -€10,531 | -40.6% |
| Other amounts payable | 47/48 | €1,188,730 | €994,631 | -€194,099 | -16.3% |
| Non-recurring operating income | 76A | €639 | €0 | -€639 | -100.0% |
| Remuneration, social security and pensions | 62 | €177,615 | €153,052 | -€24,563 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,786 | €22,159 | -€1,627 | -6.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €651 | +€651 | |
| Other operating charges | 640/8 | €1,377 | €1,447 | +€70 | +5.1% |
| Non-recurring operating charges | 66A | - | €1,289 | +€1,289 | |
| Gross operating margin | 9900 | €289,525 | €359,541 | +€70,016 | +24.2% |
| Operating profit (loss) | 9901 | €86,747 | €180,943 | +€94,195 | +108.6% |
| Financial income | 75/76B | €145,395 | €133,954 | -€11,440 | -7.9% |
| Recurring financial income | 75 | €145,395 | €133,954 | -€11,440 | -7.9% |
| Financial charges | 65/66B | €13,900 | €7,892 | -€6,008 | -43.2% |
| Recurring financial charges | 65 | €13,900 | €7,892 | -€6,008 | -43.2% |
| Profit (loss) for the period before taxes | 9903 | €218,242 | €307,005 | +€88,763 | +40.7% |
| Income taxes | 67/77 | €44,441 | €72,195 | +€27,754 | +62.5% |
| Profit (loss) for the period | 9904 | €173,801 | €234,810 | +€61,009 | +35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €173,801 | €234,810 | +€61,009 | +35.1% |
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 30 September 2026 via checked.be.