PLATO GROUP: what changed
Two fiscal 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.
What changed
PLATO GROUP
NACE 46.499, Wholesale of other household goods
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€383,134
2023 · €446,558-€63,424
Equity
€11.6m
2023 · €11.2m+€383,134
Cash
€793,202
2023 · €4.0m-€3.2m
Balance sheet total
€13.0m
2023 · €13.5m-€447,536
Largest movements
Assets
- Cash -€3.2m
down €3.2m (-80.1%), from €4.0m to €793,202
mainly Receivables within one year (-€2.8m) and Trade debts (-€847,410)
- Receivables within one year +€2.8m
up €2.8m (+30.8%), from €9.0m to €11.8m
of which Other amounts receivable: +€3.2m
Equity and liabilities
- Trade debts -€847,410
down €847,410 (-44.3%), from €1.9m to €1.1m
- Profit (loss) carried forward +€383,134
up €383,134 (+3.8%), from €10.0m to €10.3m
Income statement
- Gross operating margin -€674,692
down €674,692 (-36.7%), from €1.8m to €1.2m
- Other operating charges -€554,931
down €554,931 (-54.4%), from €1.0m to €465,863
- Turnover -€357,260
down €357,260 (-4.5%), from €7.9m to €7.5m
- Purchases and services +€317,432
up €317,432 (+5.2%), from €6.0m to €6.4m
- Staff costs -€82,654
down €82,654 (-14.8%), from €556,596 to €473,942
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.
Result 2023
€446,558
Gross operating margin
-€674,692
Staff costs
+€82,654
Depreciation
-€2,850
Write-downs
+€50,552
Other operating charges
+€554,931
Financial income
-€81,983
Financial charges
-€9,528
Taxes
+€17,492
Result 2024
€383,134
Cash bridge derived
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.
From operations
-€3.2m
Investment
-€2,130
Financing
€0
Cash 2023
€4.0m
From operations (derived)
-€3.2m
Net result for the year
+€383,134
Depreciation
+€3,597
Stocks and contracts
+€61,070
Receivables within one year
-€2.8m
Deferred charges and accrued income
-€32,489
Trade debts
-€847,410
Tax, wage and social debts
-€21,625
Advances received
+€1
Accrued charges and deferred income
+€38,364
Investment (derived)
-€2,130
Investment in fixed assets (net)
-€2,130
Cash 2024
€793,202
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,453,533 | €13,005,997 | -€447,536 | -3.3% |
| Fixed assets | 21/28 | €27,325 | €25,858 | -€1,467 | -5.4% |
| Tangible fixed assets | 22/27 | €17,565 | €13,968 | -€3,597 | -20.5% |
| Furniture and vehicles | 24 | €17,565 | €13,968 | -€3,597 | -20.5% |
| Financial fixed assets | 28 | €9,760 | €11,890 | +€2,130 | +21.8% |
| Current assets | 29/58 | €13,426,208 | €12,980,139 | -€446,069 | -3.3% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €126,909 | €65,839 | -€61,070 | -48.1% |
| Stocks | 30/36 | €126,909 | €65,839 | -€61,070 | -48.1% |
| Amounts receivable within one year | 40/41 | €9,009,338 | €11,782,172 | +€2.8m | +30.8% |
| Trade receivables | 40 | €1,292,687 | €873,680 | -€419,007 | -32.4% |
| Other amounts receivable | 41 | €7,716,651 | €10,908,492 | +€3.2m | +41.4% |
| Cash at bank and in hand | 54/58 | €3,983,524 | €793,202 | -€3.2m | -80.1% |
| Deferred charges and accrued income | 490/1 | €306,437 | €338,926 | +€32,489 | +10.6% |
| Total equity and liabilities | 10/49 | €13,453,533 | €13,005,997 | -€447,536 | -3.3% |
| Equity | 10/15 | €11,195,341 | €11,578,475 | +€383,134 | +3.4% |
| Contributions | 10/11 | €440,011 | €440,011 | = | 0.0% |
| Reserves | 13 | €803,467 | €803,467 | = | 0.0% |
| Non-distributable reserves | 130/1 | €44,001 | €44,001 | = | 0.0% |
| Reserves not available under the articles | 1311 | €44,001 | €44,001 | = | 0.0% |
| Distributable reserves | 133 | €759,466 | €759,466 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,951,863 | €10,334,997 | +€383,134 | +3.8% |
| Amounts payable | 17/49 | €2,258,192 | €1,427,522 | -€830,670 | -36.8% |
| Amounts payable within one year | 42/48 | €2,241,884 | €1,372,850 | -€869,034 | -38.8% |
| Trade debts | 44 | €1,911,695 | €1,064,285 | -€847,410 | -44.3% |
| Suppliers | 440/4 | €1,911,695 | €1,064,285 | -€847,410 | -44.3% |
| Advances received on contracts in progress | 46 | €66,517 | €66,518 | +€1 | 0.0% |
| Taxes, remuneration and social security | 45 | €263,672 | €242,047 | -€21,625 | -8.2% |
| Taxes | 450/3 | €222,337 | €193,208 | -€29,129 | -13.1% |
| Remuneration and social security | 454/9 | €41,335 | €48,839 | +€7,504 | +18.2% |
| Accrued charges and deferred income | 492/3 | €16,308 | €54,672 | +€38,364 | +235.2% |
| Turnover | 70 | €7,887,686 | €7,530,426 | -€357,260 | -4.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,047,728 | €6,365,160 | +€317,432 | +5.2% |
| Remuneration, social security and pensions | 62 | €556,596 | €473,942 | -€82,654 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €747 | €3,597 | +€2,850 | +381.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €51,889 | €1,337 | -€50,552 | -97.4% |
| Other operating charges | 640/8 | €1,020,794 | €465,863 | -€554,931 | -54.4% |
| Gross operating margin | 9900 | €1,839,958 | €1,165,266 | -€674,692 | -36.7% |
| Operating profit (loss) | 9901 | €209,932 | €220,527 | +€10,595 | +5.0% |
| Financial income | 75/76B | €408,522 | €326,539 | -€81,983 | -20.1% |
| Recurring financial income | 75 | €408,522 | €326,539 | -€81,983 | -20.1% |
| Financial charges | 65/66B | €13,172 | €22,700 | +€9,528 | +72.3% |
| Recurring financial charges | 65 | €13,172 | €22,700 | +€9,528 | +72.3% |
| Profit (loss) for the period before taxes | 9903 | €605,282 | €524,366 | -€80,916 | -13.4% |
| Income taxes | 67/77 | €158,724 | €141,232 | -€17,492 | -11.0% |
| Profit (loss) for the period | 9904 | €446,558 | €383,134 | -€63,424 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €446,558 | €383,134 | -€63,424 | -14.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.