Plataan 21: 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.
Plataan 21
Largest movements
- Tangible fixed assets +€2.4m
up €2.4m (+130%), from €1.9m to €4.3m
of which Assets under construction and advance payments: +€1.8m
- Cash -€182,056
down €182,056 (-92.8%), from €196,187 to €14,132
mainly Investment in fixed assets (net) (-€2.6m) and Contributions, distributions and other (-€148,021)
- Debts after one year +€2.3m
up €2.3m (+321%), from €714,813 to €3.0m
- Reserves -€148,021
down €148,021 (-20.0%), from €739,729 to €591,708
of which Distributable reserves: -€148,021
- Other debts +€83,318
up €83,318 (+228%), from €36,501 to €119,819
- Current portion of long-term debt +€45,000
up €45,000 (+31.7%), from €141,750 to €186,750
- Other operating charges +€111,025
up €111,025 (+576%), from €19,280 to €130,305
- Taxes -€39,907
down €39,907 (-100%), from €39,907 to €0
- Gross operating margin -€30,029
down €30,029 (-8.6%), from €348,909 to €318,880
- Financial charges +€22,842
up €22,842 (+83.4%), from €27,395 to €50,237
- Depreciation -€8,015
down €8,015 (-6.5%), from €123,880 to €115,865
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.
Derived cash bridge
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 | €2,064,704 | €4,320,832 | +€2.3m | +109% |
| Fixed assets | 21/28 | €1,868,395 | €4,306,311 | +€2.4m | +130% |
| Tangible fixed assets | 22/27 | €1,868,395 | €4,298,811 | +€2.4m | +130% |
| Land and buildings | 22 | €1,738,753 | €2,421,815 | +€683,062 | +39.3% |
| Plant, machinery and equipment | 23 | €129,643 | €108,035 | -€21,607 | -16.7% |
| Assets under construction and advance payments | 27 | - | €1,768,960 | +€1.8m | |
| Financial fixed assets | 28 | - | €7,500 | +€7,500 | |
| Current assets | 29/58 | €196,308 | €14,522 | -€181,787 | -92.6% |
| Amounts receivable within one year | 40/41 | €121 | €390 | +€269 | +222% |
| Trade receivables | 40 | €121 | €0 | -€121 | -100% |
| Other amounts receivable | 41 | - | €390 | +€390 | |
| Cash at bank and in hand | 54/58 | €196,187 | €14,132 | -€182,056 | -92.8% |
| Total equity and liabilities | 10/49 | €2,064,704 | €4,320,832 | +€2.3m | +109% |
| Equity | 10/15 | €1,126,037 | €971,398 | -€154,638 | -13.7% |
| Contributions | 10/11 | €111,481 | €111,481 | = | 0.0% |
| Reserves | 13 | €739,729 | €591,708 | -€148,021 | -20.0% |
| Tax-exempt reserves | 132 | €13,603 | €13,603 | = | 0.0% |
| Distributable reserves | 133 | €726,126 | €578,106 | -€148,021 | -20.4% |
| Profit (loss) carried forward | 14 | €274,827 | €268,209 | -€6,618 | -2.4% |
| Amounts payable | 17/49 | €938,667 | €3,349,434 | +€2.4m | +257% |
| Amounts payable after more than one year | 17 | €714,813 | €3,011,681 | +€2.3m | +321% |
| Financial debts | 170/4 | €714,813 | €3,011,681 | +€2.3m | +321% |
| Amounts payable within one year | 42/48 | €223,854 | €337,753 | +€113,898 | +50.9% |
| Current portion of amounts payable after more than one year | 42 | €141,750 | €186,750 | +€45,000 | +31.7% |
| Trade debts | 44 | €12,226 | €703 | -€11,523 | -94.2% |
| Suppliers | 440/4 | €12,226 | €703 | -€11,523 | -94.2% |
| Taxes, remuneration and social security | 45 | €33,377 | €30,481 | -€2,896 | -8.7% |
| Taxes | 450/3 | €33,377 | €30,481 | -€2,896 | -8.7% |
| Other amounts payable | 47/48 | €36,501 | €119,819 | +€83,318 | +228% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,880 | €115,865 | -€8,015 | -6.5% |
| Other operating charges | 640/8 | €19,280 | €130,305 | +€111,025 | +576% |
| Non-recurring operating charges | 66A | - | €30,390 | +€30,390 | |
| Gross operating margin | 9900 | €348,909 | €318,880 | -€30,029 | -8.6% |
| Operating profit (loss) | 9901 | €205,749 | €42,320 | -€163,429 | -79.4% |
| Financial income | 75/76B | €585 | €1,300 | +€715 | +122% |
| Recurring financial income | 75 | €585 | €1,300 | +€715 | +122% |
| Financial charges | 65/66B | €27,395 | €50,237 | +€22,842 | +83.4% |
| Recurring financial charges | 65 | €27,395 | €50,237 | +€22,842 | +83.4% |
| Profit (loss) for the period before taxes | 9903 | €178,938 | -€6,618 | -€185,556 | |
| Income taxes | 67/77 | €39,907 | €0 | -€39,907 | -100% |
| Profit (loss) for the period | 9904 | €139,031 | -€6,618 | -€145,649 | |
| Profit (loss) for the period to be appropriated | 9905 | €139,031 | -€6,618 | -€145,649 |
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 20 October 2026 via checked.be.