PLASTOTHERM: 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.
PLASTOTHERM
Largest movements
- Receivables within one year -€142,624
down €142,624 (-50.0%), from €285,398 to €142,773
of which Trade receivables: -€106,154
- Cash -€56,280
down €56,280 (-41.8%), from €134,682 to €78,402
mainly Trade debts (-€165,474) and Other debts (-€90,888)
- Trade debts -€165,474
down €165,474 (-72.9%), from €227,107 to €61,633
- Other debts -€90,888
down €90,888 (-86.9%), from €104,643 to €13,755
- Reserves +€59,254
up €59,254 (+13.6%), from €435,248 to €494,502
- Staff costs +€49,806
up €49,806 (+22.6%), from €220,084 to €269,890
- Gross operating margin -€31,489
down €31,489 (-7.7%), from €409,075 to €377,586
- Financial income +€15,043
up €15,043 (+332%), from €4,536 to €19,579
- Depreciation +€11,073
up €11,073 (+46.0%), from €24,058 to €35,131
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €895,152 | €689,012 | -€206,139 | -23.0% |
| Fixed assets | 21/28 | €143,071 | €148,272 | +€5,201 | +3.6% |
| Tangible fixed assets | 22/27 | €143,071 | €148,272 | +€5,201 | +3.6% |
| Land and buildings | 22 | €96,997 | €89,762 | -€7,235 | -7.5% |
| Plant, machinery and equipment | 23 | €22,354 | €16,969 | -€5,386 | -24.1% |
| Furniture and vehicles | 24 | €23,719 | €41,541 | +€17,821 | +75.1% |
| Current assets | 29/58 | €752,081 | €540,741 | -€211,340 | -28.1% |
| Stocks and contracts in progress | 3 | €29,799 | €25,897 | -€3,902 | -13.1% |
| Stocks | 30/36 | €29,799 | €25,897 | -€3,902 | -13.1% |
| Amounts receivable within one year | 40/41 | €285,398 | €142,773 | -€142,624 | -50.0% |
| Trade receivables | 40 | €247,352 | €141,198 | -€106,154 | -42.9% |
| Other amounts receivable | 41 | €38,046 | €1,575 | -€36,471 | -95.9% |
| Current investments | 50/53 | €299,136 | €293,668 | -€5,468 | -1.8% |
| Cash at bank and in hand | 54/58 | €134,682 | €78,402 | -€56,280 | -41.8% |
| Deferred charges and accrued income | 490/1 | €3,066 | - | -€3,066 | |
| Total equity and liabilities | 10/49 | €895,152 | €689,012 | -€206,139 | -23.0% |
| Equity | 10/15 | €510,248 | €569,502 | +€59,254 | +11.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €435,248 | €494,502 | +€59,254 | +13.6% |
| Distributable reserves | 133 | €435,248 | €494,502 | +€59,254 | +13.6% |
| Amounts payable | 17/49 | €384,903 | €119,510 | -€265,393 | -69.0% |
| Amounts payable within one year | 42/48 | €382,099 | €117,963 | -€264,137 | -69.1% |
| Trade debts | 44 | €227,107 | €61,633 | -€165,474 | -72.9% |
| Suppliers | 440/4 | €227,107 | €61,633 | -€165,474 | -72.9% |
| Taxes, remuneration and social security | 45 | €50,349 | €42,574 | -€7,775 | -15.4% |
| Taxes | 450/3 | €23,346 | €29,791 | +€6,445 | +27.6% |
| Remuneration and social security | 454/9 | €27,003 | €12,783 | -€14,219 | -52.7% |
| Other amounts payable | 47/48 | €104,643 | €13,755 | -€90,888 | -86.9% |
| Accrued charges and deferred income | 492/3 | €2,804 | €1,547 | -€1,257 | -44.8% |
| Non-recurring operating income | 76A | €20,000 | - | -€20,000 | |
| Remuneration, social security and pensions | 62 | €220,084 | €269,890 | +€49,806 | +22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,058 | €35,131 | +€11,073 | +46.0% |
| Other operating charges | 640/8 | €4,457 | €2,196 | -€2,261 | -50.7% |
| Gross operating margin | 9900 | €409,075 | €377,586 | -€31,489 | -7.7% |
| Operating profit (loss) | 9901 | €160,476 | €70,369 | -€90,107 | -56.1% |
| Financial income | 75/76B | €4,536 | €19,579 | +€15,043 | +332% |
| Recurring financial income | 75 | €4,536 | €19,579 | +€15,043 | +332% |
| Financial charges | 65/66B | €4,873 | €3,097 | -€1,776 | -36.4% |
| Recurring financial charges | 65 | €4,873 | €3,097 | -€1,776 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €160,138 | €86,850 | -€73,288 | -45.8% |
| Income taxes | 67/77 | €28,232 | €27,596 | -€636 | -2.3% |
| Profit (loss) for the period | 9904 | €131,906 | €59,254 | -€72,652 | -55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €131,906 | €59,254 | -€72,652 | -55.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.