PLASTISERVICE PROJECTS: 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.
PLASTISERVICE PROJECTS
Largest movements
- Stocks and contracts -€43,962
down €43,962 (-22.1%), from €198,512 to €154,549
- Cash +€35,090
up €35,090 (+53.3%), from €65,775 to €100,865
mainly Stocks and contracts (+€43,962) and Depreciation (+€29,252)
- Tangible fixed assets -€28,202
down €28,202 (-19.7%), from €143,266 to €115,064
- Receivables within one year -€11,220
down €11,220 (-5.2%), from €214,038 to €202,819
of which Trade receivables: -€10,391
- Trade debts -€45,910
down €45,910 (-42.7%), from €107,519 to €61,609
- Profit (loss) carried forward +€18,952
up €18,952 (+6.9%), from -€275,627 to -€256,675
- Tax, wage and social debts -€10,927
down €10,927 (-32.1%), from €34,072 to €23,145
of which Remuneration and social security: -€6,679
- Debts after one year -€6,605
down €6,605 (-43.7%), from €15,104 to €8,498
- Gross operating margin +€120,223
up €120,223 (+62.9%), from €191,007 to €311,230
- Staff costs -€39,868
down €39,868 (-13.6%), from €292,652 to €252,784
- Write-downs -€36,362
down €36,362, from €33,187 to -€3,175
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 | €627,899 | €583,599 | -€44,300 | -7.1% |
| Fixed assets | 21/28 | €143,266 | €115,243 | -€28,023 | -19.6% |
| Tangible fixed assets | 22/27 | €143,266 | €115,064 | -€28,202 | -19.7% |
| Land and buildings | 22 | €107,879 | €94,375 | -€13,504 | -12.5% |
| Plant, machinery and equipment | 23 | €2,877 | €1,508 | -€1,369 | -47.6% |
| Furniture and vehicles | 24 | €11,240 | €4,394 | -€6,846 | -60.9% |
| Leasing and similar rights | 25 | €21,269 | €14,786 | -€6,483 | -30.5% |
| Financial fixed assets | 28 | - | €179 | +€179 | |
| Current assets | 29/58 | €484,633 | €468,357 | -€16,277 | -3.4% |
| Stocks and contracts in progress | 3 | €198,512 | €154,549 | -€43,962 | -22.1% |
| Stocks | 30/36 | €198,512 | €154,549 | -€43,962 | -22.1% |
| Amounts receivable within one year | 40/41 | €214,038 | €202,819 | -€11,220 | -5.2% |
| Trade receivables | 40 | €212,569 | €202,178 | -€10,391 | -4.9% |
| Other amounts receivable | 41 | €1,469 | €641 | -€828 | -56.4% |
| Cash at bank and in hand | 54/58 | €65,775 | €100,865 | +€35,090 | +53.3% |
| Deferred charges and accrued income | 490/1 | €6,309 | €10,124 | +€3,815 | +60.5% |
| Total equity and liabilities | 10/49 | €627,899 | €583,599 | -€44,300 | -7.1% |
| Equity | 10/15 | €464,588 | €483,541 | +€18,952 | +4.1% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Capital | 10 | €700,000 | €700,000 | = | 0.0% |
| Issued capital | 100 | €700,000 | €700,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,088 | €1,088 | = | 0.0% |
| Reserves | 13 | €39,128 | €39,128 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,826 | €7,826 | = | 0.0% |
| Legal reserve | 130 | €7,826 | €7,826 | = | 0.0% |
| Tax-exempt reserves | 132 | €364 | €364 | = | 0.0% |
| Distributable reserves | 133 | €30,938 | €30,938 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€275,627 | -€256,675 | +€18,952 | +6.9% |
| Amounts payable | 17/49 | €163,311 | €100,059 | -€63,252 | -38.7% |
| Amounts payable after more than one year | 17 | €15,104 | €8,498 | -€6,605 | -43.7% |
| Financial debts | 170/4 | €15,104 | €8,498 | -€6,605 | -43.7% |
| Amounts payable within one year | 42/48 | €148,018 | €91,359 | -€56,660 | -38.3% |
| Current portion of amounts payable after more than one year | 42 | €6,428 | €6,605 | +€177 | +2.8% |
| Trade debts | 44 | €107,519 | €61,609 | -€45,910 | -42.7% |
| Suppliers | 440/4 | €107,519 | €61,609 | -€45,910 | -42.7% |
| Taxes, remuneration and social security | 45 | €34,072 | €23,145 | -€10,927 | -32.1% |
| Taxes | 450/3 | €6,420 | €2,172 | -€4,248 | -66.2% |
| Remuneration and social security | 454/9 | €27,652 | €20,973 | -€6,679 | -24.2% |
| Accrued charges and deferred income | 492/3 | €189 | €201 | +€13 | +6.6% |
| Remuneration, social security and pensions | 62 | €292,652 | €252,784 | -€39,868 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,331 | €29,252 | -€1,079 | -3.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €33,187 | -€3,175 | -€36,362 | |
| Other operating charges | 640/8 | €9,446 | €10,939 | +€1,493 | +15.8% |
| Gross operating margin | 9900 | €191,007 | €311,230 | +€120,223 | +62.9% |
| Operating profit (loss) | 9901 | -€174,609 | €21,430 | +€196,039 | |
| Financial income | 75/76B | €465 | €86 | -€378 | -81.5% |
| Recurring financial income | 75 | €465 | €86 | -€378 | -81.5% |
| Financial charges | 65/66B | €2,472 | €2,563 | +€92 | +3.7% |
| Recurring financial charges | 65 | €2,472 | €2,563 | +€92 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | -€176,616 | €18,952 | +€195,568 | |
| Income taxes | 67/77 | €44 | €0 | -€44 | -100.0% |
| Profit (loss) for the period | 9904 | -€176,661 | €18,952 | +€195,613 | |
| Profit (loss) for the period to be appropriated | 9905 | -€176,661 | €18,952 | +€195,613 |
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 9 October 2026 via checked.be.