PLATINIUM GROUP: 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.
PLATINIUM GROUP
Largest movements
- Tangible fixed assets +€27,825
up €27,825 (+17.7%), from €156,802 to €184,627
of which Furniture and vehicles: +€41,662
- Receivables within one year +€13,349
up €13,349 (+16.1%), from €82,806 to €96,155
of which Trade receivables: +€15,650
- Intangible fixed assets -€6,977
down €6,977 (-48.1%), from €14,508 to €7,531
- Cash -€5,792
down €5,792 (-10.2%), from €56,758 to €50,967
mainly Investment in fixed assets (net) (-€105,980) and Net result for the year (-€42,233)
- Trade debts +€62,572
up €62,572 (+21,084%), from €297 to €62,869
- Profit (loss) carried forward -€47,181
down €47,181, from €42,106 to -€5,076
- Debts after one year +€31,635
up €31,635 (+29.2%), from €108,252 to €139,887
- Current portion of long-term debt -€29,622
down €29,622 (-87.9%), from €33,700 to €4,078
- Tax, wage and social debts +€6,572
up €6,572 (+23.5%), from €27,997 to €34,569
of which Remuneration and social security: +€11,469
- Staff costs +€88,342
up €88,342 (+173%), from €50,984 to €139,326
- Gross operating margin +€62,757
up €62,757 (+42.7%), from €146,892 to €209,649
- Financial charges +€13,382
up €13,382 (+538%), from €2,487 to €15,870
of which Non-recurring financial charges: +€8,031
- Write-downs +€9,026
new in 2025: €9,026
- Depreciation +€2,477
up €2,477 (+3.0%), from €83,713 to €86,190
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 | €313,890 | €344,536 | +€30,646 | +9.8% |
| Formation expenses | 20 | €2,116 | €1,058 | -€1,058 | -50.0% |
| Fixed assets | 21/28 | €172,210 | €193,058 | +€20,848 | +12.1% |
| Intangible fixed assets | 21 | €14,508 | €7,531 | -€6,977 | -48.1% |
| Tangible fixed assets | 22/27 | €156,802 | €184,627 | +€27,825 | +17.7% |
| Plant, machinery and equipment | 23 | €17,256 | €3,419 | -€13,837 | -80.2% |
| Furniture and vehicles | 24 | €139,546 | €181,209 | +€41,662 | +29.9% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €139,564 | €150,420 | +€10,856 | +7.8% |
| Amounts receivable within one year | 40/41 | €82,806 | €96,155 | +€13,349 | +16.1% |
| Trade receivables | 40 | €77,870 | €93,520 | +€15,650 | +20.1% |
| Other amounts receivable | 41 | €4,936 | €2,635 | -€2,301 | -46.6% |
| Cash at bank and in hand | 54/58 | €56,758 | €50,967 | -€5,792 | -10.2% |
| Deferred charges and accrued income | 490/1 | - | €3,298 | +€3,298 | |
| Total equity and liabilities | 10/49 | €313,890 | €344,536 | +€30,646 | +9.8% |
| Equity | 10/15 | €52,106 | €7,454 | -€44,651 | -85.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,106 | -€5,076 | -€47,181 | |
| Investment grants | 15 | - | €2,530 | +€2,530 | |
| Amounts payable | 17/49 | €261,785 | €337,082 | +€75,297 | +28.8% |
| Amounts payable after more than one year | 17 | €108,252 | €139,887 | +€31,635 | +29.2% |
| Financial debts | 170/4 | €108,252 | €139,887 | +€31,635 | +29.2% |
| Amounts payable within one year | 42/48 | €153,045 | €197,194 | +€44,150 | +28.8% |
| Current portion of amounts payable after more than one year | 42 | €33,700 | €4,078 | -€29,622 | -87.9% |
| Trade debts | 44 | €297 | €62,869 | +€62,572 | +21,084% |
| Suppliers | 440/4 | €297 | €62,869 | +€62,572 | +21,084% |
| Taxes, remuneration and social security | 45 | €27,997 | €34,569 | +€6,572 | +23.5% |
| Taxes | 450/3 | €23,714 | €18,818 | -€4,896 | -20.6% |
| Remuneration and social security | 454/9 | €4,283 | €15,751 | +€11,469 | +268% |
| Other amounts payable | 47/48 | €91,051 | €95,678 | +€4,628 | +5.1% |
| Accrued charges and deferred income | 492/3 | €488 | - | -€488 | |
| Remuneration, social security and pensions | 62 | €50,984 | €139,326 | +€88,342 | +173% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,713 | €86,190 | +€2,477 | +3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,026 | +€9,026 | |
| Other operating charges | 640/8 | €796 | €1,348 | +€552 | +69.4% |
| Non-recurring operating charges | 66A | €357 | - | -€357 | |
| Gross operating margin | 9900 | €146,892 | €209,649 | +€62,757 | +42.7% |
| Operating profit (loss) | 9901 | €11,042 | -€26,241 | -€37,283 | |
| Financial income | 75/76B | €139 | €190 | +€51 | +36.8% |
| Recurring financial income | 75 | €139 | €55 | -€84 | -60.5% |
| Non-recurring financial income | 76B | - | €135 | +€135 | |
| Financial charges | 65/66B | €2,487 | €15,870 | +€13,382 | +538% |
| Recurring financial charges | 65 | €2,357 | €7,708 | +€5,351 | +227% |
| Non-recurring financial charges | 66B | €130 | €8,161 | +€8,031 | +6,178% |
| Profit (loss) for the period before taxes | 9903 | €8,693 | -€41,920 | -€50,614 | |
| Income taxes | 67/77 | - | €312 | +€312 | |
| Profit (loss) for the period | 9904 | €8,693 | -€42,233 | -€50,926 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,693 | -€42,233 | -€50,926 |
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 21 October 2026 via checked.be.