PLATTEAU & PARTNERS: 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.
PLATTEAU & PARTNERS
Largest movements
- Receivables within one year +€198,883
up €198,883 (+72.1%), from €275,793 to €474,675
of which Trade receivables: +€201,256
- Stocks and contracts -€46,972
down €46,972 (-39.9%), from €117,632 to €70,660
- Cash +€28,724
up €28,724 (+36.4%), from €78,894 to €107,619
mainly Trade debts (+€125,741) and Other debts (+€57,560)
- Tangible fixed assets -€15,481
down €15,481 (-39.7%), from €39,034 to €23,554
of which Furniture and vehicles: -€15,486
- Deferred charges and accrued income -€10,411
down €10,411 (-56.0%), from €18,595 to €8,184
- Trade debts +€125,741
up €125,741 (+179%), from €70,055 to €195,796
- Other debts +€57,560
new in 2025: €57,560
- Tax, wage and social debts -€17,800
down €17,800 (-35.5%), from €50,170 to €32,370
of which Remuneration and social security: -€20,702
- Current portion of long-term debt -€17,299
down €17,299 (-97.0%), from €17,835 to €536
- Reserves +€9,923
up €9,923 (+2.7%), from €373,560 to €383,483
- Gross operating margin -€258,975
down €258,975 (-28.9%), from €895,689 to €636,715
- Financial charges -€145,187
down €145,187 (-99.2%), from €146,429 to €1,242
of which Non-recurring financial charges: -€116,477
- Taxes -€38,265
down €38,265 (-82.1%), from €46,604 to €8,339
- Staff costs +€25,657
up €25,657 (+4.6%), from €558,832 to €584,488
- Depreciation -€12,599
down €12,599 (-33.1%), from €38,061 to €25,461
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 | €535,488 | €690,231 | +€154,743 | +28.9% |
| Fixed assets | 21/28 | €44,574 | €29,094 | -€15,481 | -34.7% |
| Tangible fixed assets | 22/27 | €39,034 | €23,554 | -€15,481 | -39.7% |
| Land and buildings | 22 | - | €3,376 | +€3,376 | |
| Plant, machinery and equipment | 23 | €11,387 | €8,017 | -€3,370 | -29.6% |
| Furniture and vehicles | 24 | €27,647 | €12,160 | -€15,486 | -56.0% |
| Financial fixed assets | 28 | €5,540 | €5,540 | = | 0.0% |
| Current assets | 29/58 | €490,914 | €661,138 | +€170,224 | +34.7% |
| Stocks and contracts in progress | 3 | €117,632 | €70,660 | -€46,972 | -39.9% |
| Stocks | 30/36 | €117,632 | €70,660 | -€46,972 | -39.9% |
| Amounts receivable within one year | 40/41 | €275,793 | €474,675 | +€198,883 | +72.1% |
| Trade receivables | 40 | €192,238 | €393,494 | +€201,256 | +105% |
| Other amounts receivable | 41 | €83,555 | €81,182 | -€2,373 | -2.8% |
| Cash at bank and in hand | 54/58 | €78,894 | €107,619 | +€28,724 | +36.4% |
| Deferred charges and accrued income | 490/1 | €18,595 | €8,184 | -€10,411 | -56.0% |
| Total equity and liabilities | 10/49 | €535,488 | €690,231 | +€154,743 | +28.9% |
| Equity | 10/15 | €393,560 | €403,483 | +€9,923 | +2.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €373,560 | €383,483 | +€9,923 | +2.7% |
| Distributable reserves | 133 | €373,560 | €383,483 | +€9,923 | +2.7% |
| Amounts payable | 17/49 | €141,928 | €286,748 | +€144,821 | +102% |
| Amounts payable after more than one year | 17 | €536 | - | -€536 | |
| Financial debts | 170/4 | €536 | - | -€536 | |
| Amounts payable within one year | 42/48 | €138,060 | €286,263 | +€148,202 | +107% |
| Current portion of amounts payable after more than one year | 42 | €17,835 | €536 | -€17,299 | -97.0% |
| Trade debts | 44 | €70,055 | €195,796 | +€125,741 | +179% |
| Suppliers | 440/4 | €70,055 | €195,796 | +€125,741 | +179% |
| Taxes, remuneration and social security | 45 | €50,170 | €32,370 | -€17,800 | -35.5% |
| Taxes | 450/3 | €14,935 | €17,837 | +€2,902 | +19.4% |
| Remuneration and social security | 454/9 | €35,235 | €14,533 | -€20,702 | -58.8% |
| Other amounts payable | 47/48 | - | €57,560 | +€57,560 | |
| Accrued charges and deferred income | 492/3 | €3,331 | €486 | -€2,845 | -85.4% |
| Remuneration, social security and pensions | 62 | €558,832 | €584,488 | +€25,657 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,061 | €25,461 | -€12,599 | -33.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,102 | -€10,000 | -€11,102 | |
| Other operating charges | 640/8 | €11,567 | €15,535 | +€3,968 | +34.3% |
| Non-recurring operating charges | 66A | €1,019 | - | -€1,019 | |
| Gross operating margin | 9900 | €895,689 | €636,715 | -€258,975 | -28.9% |
| Operating profit (loss) | 9901 | €285,109 | €21,230 | -€263,880 | -92.6% |
| Financial income | 75/76B | €11,416 | €6,232 | -€5,184 | -45.4% |
| Recurring financial income | 75 | €4,795 | €6,232 | +€1,438 | +30.0% |
| Non-recurring financial income | 76B | €6,622 | - | -€6,622 | |
| Financial charges | 65/66B | €146,429 | €1,242 | -€145,187 | -99.2% |
| Recurring financial charges | 65 | €29,952 | €1,242 | -€28,710 | -95.9% |
| Non-recurring financial charges | 66B | €116,477 | - | -€116,477 | |
| Profit (loss) for the period before taxes | 9903 | €150,096 | €26,219 | -€123,877 | -82.5% |
| Income taxes | 67/77 | €46,604 | €8,339 | -€38,265 | -82.1% |
| Profit (loss) for the period | 9904 | €103,492 | €17,881 | -€85,612 | -82.7% |
| Profit (loss) for the period to be appropriated | 9905 | €103,492 | €17,881 | -€85,612 | -82.7% |
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 25 October 2026 via checked.be.