PLASTINOVA: 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.
PLASTINOVA
Largest movements
- Receivables within one year +€324,531
up €324,531 (+76.3%), from €425,601 to €750,131
of which Trade receivables: +€329,608
- Tangible fixed assets -€169,376
down €169,376 (-6.3%), from €2.7m to €2.5m
of which Other tangible fixed assets: -€106,793
- Stocks and contracts -€169,296
down €169,296 (-6.0%), from €2.8m to €2.7m
- Other debts +€698,479
up €698,479 (+138.3%), from €505,000 to €1.2m
- Trade debts -€634,347
down €634,347 (-51.1%), from €1.2m to €608,069
- Tax, wage and social debts -€85,454
down €85,454 (-52.3%), from €163,503 to €78,049
of which Remuneration and social security: -€86,987
- Gross operating margin -€209,946
down €209,946 (-14.0%), from €1.5m to €1.3m
- Staff costs -€97,904
down €97,904 (-9.7%), from €1.0m to €910,855
- Financial charges -€56,500
down €56,500 (-42.2%), from €133,808 to €77,307
of which Financial charges: -€56,500
- Depreciation +€23,188
up €23,188 (+12.9%), from €179,201 to €202,389
- Other operating charges -€21,154
down €21,154 (-20.3%), from €104,402 to €83,248
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 | €6,494,101 | €6,488,976 | -€5,125 | -0.1% |
| Fixed assets | 21/28 | €2,695,550 | €2,525,885 | -€169,665 | -6.3% |
| Intangible fixed assets | 21 | €647 | €354 | -€293 | -45.3% |
| Tangible fixed assets | 22/27 | €2,694,896 | €2,525,520 | -€169,376 | -6.3% |
| Land and buildings | 22 | €2,242,875 | €2,290,306 | +€47,431 | +2.1% |
| Plant, machinery and equipment | 23 | €181,450 | €142,014 | -€39,436 | -21.7% |
| Furniture and vehicles | 24 | €884 | €12,949 | +€12,065 | +1365.0% |
| Leasing and similar rights | 25 | €157,880 | €75,237 | -€82,643 | -52.3% |
| Other tangible fixed assets | 26 | €111,808 | €5,015 | -€106,793 | -95.5% |
| Financial fixed assets | 28 | €7 | €11 | +€4 | +50.8% |
| Current assets | 29/58 | €3,798,551 | €3,963,091 | +€164,540 | +4.3% |
| Stocks and contracts in progress | 3 | €2,843,198 | €2,673,902 | -€169,296 | -6.0% |
| Stocks | 30/36 | €2,843,198 | €2,673,902 | -€169,296 | -6.0% |
| Amounts receivable within one year | 40/41 | €425,601 | €750,131 | +€324,531 | +76.3% |
| Trade receivables | 40 | €420,523 | €750,131 | +€329,608 | +78.4% |
| Other amounts receivable | 41 | €5,077 | €0 | -€5,077 | -100.0% |
| Cash at bank and in hand | 54/58 | €495,269 | €503,140 | +€7,871 | +1.6% |
| Deferred charges and accrued income | 490/1 | €34,483 | €35,918 | +€1,435 | +4.2% |
| Total equity and liabilities | 10/49 | €6,494,101 | €6,488,976 | -€5,125 | -0.1% |
| Equity | 10/15 | €4,525,875 | €4,543,602 | +€17,727 | +0.4% |
| Contributions | 10/11 | €2,737,691 | €2,737,691 | = | 0.0% |
| Capital | 10 | €2,737,000 | €2,737,000 | = | 0.0% |
| Issued capital | 100 | €2,737,000 | €2,737,000 | = | 0.0% |
| Contributions outside capital | 11 | €691 | €691 | = | 0.0% |
| Share premium | 1100/10 | €691 | €691 | = | 0.0% |
| Reserves | 13 | €237,667 | €237,667 | = | 0.0% |
| Non-distributable reserves | 130/1 | €75,323 | €75,323 | = | 0.0% |
| Legal reserve | 130 | €75,323 | €75,323 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,634 | €13,634 | = | 0.0% |
| Distributable reserves | 133 | €148,710 | €148,710 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,550,516 | €1,568,243 | +€17,727 | +1.1% |
| Amounts payable | 17/49 | €1,968,226 | €1,945,375 | -€22,852 | -1.2% |
| Amounts payable after more than one year | 17 | €26,284 | €31,356 | +€5,072 | +19.3% |
| Financial debts | 170/4 | €26,284 | €31,356 | +€5,072 | +19.3% |
| Amounts payable within one year | 42/48 | €1,941,942 | €1,914,018 | -€27,924 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €31,023 | €24,421 | -€6,602 | -21.3% |
| Trade debts | 44 | €1,242,416 | €608,069 | -€634,347 | -51.1% |
| Suppliers | 440/4 | €1,242,416 | €608,069 | -€634,347 | -51.1% |
| Taxes, remuneration and social security | 45 | €163,503 | €78,049 | -€85,454 | -52.3% |
| Taxes | 450/3 | - | €1,533 | +€1,533 | |
| Remuneration and social security | 454/9 | €163,503 | €76,516 | -€86,987 | -53.2% |
| Other amounts payable | 47/48 | €505,000 | €1,203,479 | +€698,479 | +138.3% |
| Non-recurring operating income | 76A | €602,335 | €6,612 | -€595,723 | -98.9% |
| Remuneration, social security and pensions | 62 | €1,008,760 | €910,855 | -€97,904 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179,201 | €202,389 | +€23,188 | +12.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€493 | €0 | +€493 | |
| Other operating charges | 640/8 | €104,402 | €83,248 | -€21,154 | -20.3% |
| Non-recurring operating charges | 66A | €322,870 | €2,702 | -€320,167 | -99.2% |
| Gross operating margin | 9900 | €1,501,706 | €1,291,760 | -€209,946 | -14.0% |
| Operating profit (loss) | 9901 | -€113,033 | €92,565 | +€205,599 | |
| Financial income | 75/76B | €1,682 | €209 | -€1,473 | -87.5% |
| Recurring financial income | 75 | €1,682 | €209 | -€1,473 | -87.5% |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €133,808 | €77,307 | -€56,500 | -42.2% |
| Recurring financial charges | 65 | €133,808 | €77,307 | -€56,500 | -42.2% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | -€245,159 | €15,468 | +€260,626 | |
| Income taxes | 67/77 | €6,436 | -€2,259 | -€8,695 | |
| Profit (loss) for the period | 9904 | -€251,595 | €17,727 | +€269,322 | |
| Profit (loss) for the period to be appropriated | 9905 | -€251,595 | €17,727 | +€269,322 |
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 12 October 2026 via checked.be.