PLATING PARTNERS: what changed
What changed
PLATING PARTNERS
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
-€35,173
2024 · €1.2m-€1.2m
Equity
€13.6m
2024 · €13.7m-€35,173
Cash
€309,654
2024 · €479,413-€169,759
Balance sheet total
€14.7m
2024 · €14.7m+€35,237
Largest movements
Assets
- Current investments +€1.5m
up €1.5m (+12.5%), from €11.8m to €13.3m
- Receivables within one year -€587,902
down €587,902 (-93.0%), from €632,265 to €44,363
of which Other amounts receivable: -€582,234
- Receivables after one year -€575,577
down €575,577 (-69.9%), from €824,018 to €248,440
- Cash -€169,759
down €169,759 (-35.4%), from €479,413 to €309,654
mainly Current investments (-€1.5m) and Tax, wage and social debts (-€96,336)
Equity and liabilities
- Other debts +€317,466
up €317,466 (+44.1%), from €719,139 to €1.0m
Income statement
- Gross operating margin -€1.0m
down €1.0m (-92.2%), from €1.1m to €85,443
- Financial income -€397,193
down €397,193 (-66.6%), from €596,740 to €199,546
- Taxes -€152,317
down €152,317 (-61.6%), from €247,143 to €94,826
- Financial charges +€117,321
up €117,321 (+275%), from €42,662 to €159,983
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.2m
Gross operating margin
-€1.0m
Staff costs
-€6,605
Depreciation
-€337
Other operating charges
+€2,999
Financial income
-€397,193
Financial charges
-€117,321
Taxes
+€152,317
Deferred taxes and other
+€179,842
Result 2025
-€35,173
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.4m
Investment
-€1.5m
Financing
-€58,333
Cash 2024
€479,413
From operations (derived)
+€1.4m
Net result for the year
-€35,173
Depreciation
+€61,895
Receivables after one year
+€575,577
Receivables within one year
+€587,902
Deferred charges and accrued income
+€51,651
Provisions
-€89,921
Smaller working-capital items
-€2,467
Tax, wage and social debts
-€96,336
Other debts
+€317,466
Investment (derived)
-€1.5m
Current investments
-€1.5m
Financing
-€58,333
Current portion of long-term debt
-€58,333
Cash 2025
€309,654
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,694,957 | €14,730,194 | +€35,237 | +0.2% |
| Fixed assets | 21/28 | €856,432 | €794,537 | -€61,895 | -7.2% |
| Tangible fixed assets | 22/27 | €856,432 | €794,537 | -€61,895 | -7.2% |
| Land and buildings | 22 | €800,680 | €756,232 | -€44,449 | -5.6% |
| Furniture and vehicles | 24 | €55,752 | €38,306 | -€17,446 | -31.3% |
| Current assets | 29/58 | €13,838,525 | €13,935,656 | +€97,132 | +0.7% |
| Amounts receivable after more than one year | 29 | €824,018 | €248,440 | -€575,577 | -69.9% |
| Other amounts receivable | 291 | €824,018 | €248,440 | -€575,577 | -69.9% |
| Amounts receivable within one year | 40/41 | €632,265 | €44,363 | -€587,902 | -93.0% |
| Trade receivables | 40 | €24,423 | €18,755 | -€5,668 | -23.2% |
| Other amounts receivable | 41 | €607,842 | €25,608 | -€582,234 | -95.8% |
| Current investments | 50/53 | €11,814,379 | €13,296,401 | +€1.5m | +12.5% |
| Cash at bank and in hand | 54/58 | €479,413 | €309,654 | -€169,759 | -35.4% |
| Deferred charges and accrued income | 490/1 | €88,450 | €36,799 | -€51,651 | -58.4% |
| Total equity and liabilities | 10/49 | €14,694,957 | €14,730,194 | +€35,237 | +0.2% |
| Equity | 10/15 | €13,678,778 | €13,643,606 | -€35,173 | -0.3% |
| Contributions | 10/11 | €61,600 | €61,600 | = | 0.0% |
| Capital | 10 | €61,600 | €61,600 | = | 0.0% |
| Issued capital | 100 | €61,600 | €61,600 | = | 0.0% |
| Reserves | 13 | €13,617,178 | €13,582,006 | -€35,173 | -0.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €269,763 | - | -€269,763 | |
| Distributable reserves | 133 | €13,341,215 | €13,575,806 | +€234,590 | +1.8% |
| Provisions and deferred taxes | 16 | €89,921 | - | -€89,921 | |
| Deferred taxes | 168 | €89,921 | - | -€89,921 | |
| Amounts payable | 17/49 | €926,258 | €1,086,588 | +€160,331 | +17.3% |
| Amounts payable within one year | 42/48 | €923,601 | €1,085,388 | +€161,787 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €58,333 | - | -€58,333 | |
| Trade debts | 44 | €2,243 | €1,233 | -€1,010 | -45.0% |
| Suppliers | 440/4 | €2,243 | €1,233 | -€1,010 | -45.0% |
| Taxes, remuneration and social security | 45 | €143,887 | €47,551 | -€96,336 | -67.0% |
| Taxes | 450/3 | €130,667 | €34,608 | -€96,059 | -73.5% |
| Remuneration and social security | 454/9 | €13,220 | €12,943 | -€277 | -2.1% |
| Other amounts payable | 47/48 | €719,139 | €1,036,605 | +€317,466 | +44.1% |
| Accrued charges and deferred income | 492/3 | €2,657 | €1,200 | -€1,457 | -54.8% |
| Non-recurring operating income | 76A | €968,265 | - | -€968,265 | |
| Remuneration, social security and pensions | 62 | €61,771 | €68,376 | +€6,605 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,558 | €61,895 | +€337 | +0.5% |
| Other operating charges | 640/8 | €28,003 | €25,004 | -€2,999 | -10.7% |
| Gross operating margin | 9900 | €1,092,449 | €85,443 | -€1.0m | -92.2% |
| Operating profit (loss) | 9901 | €941,117 | -€69,832 | -€1.0m | |
| Financial income | 75/76B | €596,740 | €199,546 | -€397,193 | -66.6% |
| Recurring financial income | 75 | €596,740 | €199,546 | -€397,193 | -66.6% |
| Financial charges | 65/66B | €42,662 | €159,983 | +€117,321 | +275% |
| Recurring financial charges | 65 | €42,662 | €159,983 | +€117,321 | +275% |
| Profit (loss) for the period before taxes | 9903 | €1,495,195 | -€30,268 | -€1.5m | |
| Transfer from deferred taxes | 780 | - | €89,921 | +€89,921 | |
| Transfer to deferred taxes | 680 | €89,921 | - | -€89,921 | |
| Income taxes | 67/77 | €247,143 | €94,826 | -€152,317 | -61.6% |
| Profit (loss) for the period | 9904 | €1,158,131 | -€35,173 | -€1.2m | |
| Transfer from tax-exempt reserves | 789 | - | €269,763 | +€269,763 | |
| Transfer to tax-exempt reserves | 689 | €269,763 | - | -€269,763 | |
| Profit (loss) for the period to be appropriated | 9905 | €888,368 | €234,590 | -€653,778 | -73.6% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.