PLATINUM: 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.
PLATINUM
Largest movements
- Receivables within one year -€386,833
down €386,833 (-22.4%), from €1.7m to €1.3m
of which Other amounts receivable: -€389,455
- Tangible fixed assets -€210,475
down €210,475 (-3.1%), from €6.8m to €6.6m
of which Land and buildings: -€210,475
- Reserves -€711,937
down €711,937 (-41.5%), from €1.7m to €1.0m
of which Tax-exempt reserves: -€711,937
- Profit (loss) carried forward +€557,733
up €557,733, from -€41,151 to €516,582
- Provisions -€237,332
down €237,332 (-43.0%), from €551,416 to €314,084
- Other debts -€188,036
down €188,036 (-21.1%), from €890,142 to €702,106
- Tax, wage and social debts +€177,279
up €177,279, from €0 to €177,279
- Taxes +€177,279
new in 2025: €177,279
- Depreciation +€46,931
up €46,931 (+28.7%), from €163,544 to €210,475
- Gross operating margin -€21,226
down €21,226 (-15.2%), from €139,651 to €118,425
- Turnover -€12,673
down €12,673 (-7.4%), from €172,400 to €159,727
- Purchases and services -€7,694
down €7,694 (-15.7%), from €48,996 to €41,302
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 | €9,540,775 | €8,932,044 | -€608,731 | -6.4% |
| Fixed assets | 21/28 | €7,803,822 | €7,593,347 | -€210,475 | -2.7% |
| Tangible fixed assets | 22/27 | €6,799,547 | €6,589,072 | -€210,475 | -3.1% |
| Land and buildings | 22 | €6,799,547 | €6,589,072 | -€210,475 | -3.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €1,004,275 | €1,004,275 | = | 0.0% |
| Current assets | 29/58 | €1,736,953 | €1,338,697 | -€398,257 | -22.9% |
| Amounts receivable within one year | 40/41 | €1,724,608 | €1,337,775 | -€386,833 | -22.4% |
| Trade receivables | 40 | €581,809 | €584,430 | +€2,622 | +0.5% |
| Other amounts receivable | 41 | €1,142,799 | €753,344 | -€389,455 | -34.1% |
| Cash at bank and in hand | 54/58 | €12,345 | €922 | -€11,424 | -92.5% |
| Total equity and liabilities | 10/49 | €9,540,775 | €8,932,044 | -€608,731 | -6.4% |
| Equity | 10/15 | €5,713,604 | €5,559,400 | -€154,204 | -2.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €3,976,260 | €3,976,260 | = | 0.0% |
| Reserves | 13 | €1,716,522 | €1,004,585 | -€711,937 | -41.5% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,654,271 | €942,334 | -€711,937 | -43.0% |
| Distributable reserves | 133 | €56,053 | €56,053 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,151 | €516,582 | +€557,733 | |
| Provisions and deferred taxes | 16 | €551,416 | €314,084 | -€237,332 | -43.0% |
| Deferred taxes | 168 | €551,416 | €314,084 | -€237,332 | -43.0% |
| Amounts payable | 17/49 | €3,275,755 | €3,058,560 | -€217,195 | -6.6% |
| Amounts payable after more than one year | 17 | €1,475,907 | €1,355,202 | -€120,705 | -8.2% |
| Financial debts | 170/4 | €1,475,907 | €1,355,202 | -€120,705 | -8.2% |
| Amounts payable within one year | 42/48 | €1,799,848 | €1,703,358 | -€96,490 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €142,343 | €147,122 | +€4,778 | +3.4% |
| Financial debts | 43 | €600,000 | €645,000 | +€45,000 | +7.5% |
| Credit institutions | 430/8 | €500,000 | €500,000 | = | 0.0% |
| Other loans | 439 | €100,000 | €145,000 | +€45,000 | +45.0% |
| Trade debts | 44 | €167,363 | €31,852 | -€135,511 | -81.0% |
| Suppliers | 440/4 | €167,363 | €31,852 | -€135,511 | -81.0% |
| Taxes, remuneration and social security | 45 | €0 | €177,279 | +€177,279 | |
| Taxes | 450/3 | €0 | €177,279 | +€177,279 | |
| Other amounts payable | 47/48 | €890,142 | €702,106 | -€188,036 | -21.1% |
| Turnover | 70 | €172,400 | €159,727 | -€12,673 | -7.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €48,996 | €41,302 | -€7,694 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,544 | €210,475 | +€46,931 | +28.7% |
| Other operating charges | 640/8 | €2,007 | €773 | -€1,235 | -61.5% |
| Gross operating margin | 9900 | €139,651 | €118,425 | -€21,226 | -15.2% |
| Operating profit (loss) | 9901 | -€25,900 | -€92,823 | -€66,923 | -258% |
| Financial income | 75/76B | €7,000 | - | -€7,000 | |
| Recurring financial income | 75 | €7,000 | - | -€7,000 | |
| Financial charges | 65/66B | €119,500 | €121,435 | +€1,935 | +1.6% |
| Recurring financial charges | 65 | €119,500 | €121,435 | +€1,935 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | -€138,400 | -€214,257 | -€75,857 | -54.8% |
| Transfer from deferred taxes | 780 | €67,664 | €949,269 | +€881,605 | +1,303% |
| Income taxes | 67/77 | - | €177,279 | +€177,279 | |
| Profit (loss) for the period | 9904 | -€70,736 | €557,733 | +€628,469 | |
| Profit (loss) for the period to be appropriated | 9905 | -€70,736 | €557,733 | +€628,469 |
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 28 October 2026 via checked.be.