PLAY AV: 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
PLAY AV
NACE 46.431, Wholesale of electrical household appliances and audio-video equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · €1.7m-€171,863
Equity
€4.7m
2024 · €4.0m+€658,189
Cash
€446,652
2024 · €416,691+€29,961
Balance sheet total
€11.1m
2024 · €9.9m+€1.2m
Largest movements
Assets
- Receivables within one year +€1.1m
up €1.1m (+25.1%), from €4.3m to €5.4m
of which Trade receivables: +€1.2m
- Stocks and contracts -€423,220
down €423,220 (-16.0%), from €2.6m to €2.2m
of which Contracts in progress: -€260,247
- Tangible fixed assets +€313,322
up €313,322 (+27.0%), from €1.2m to €1.5m
of which Other tangible fixed assets: +€550,985
Equity and liabilities
- Reserves +€2.9m
up €2.9m (+395.0%), from €738,167 to €3.7m
of which Distributable reserves: +€2.5m
- Profit (loss) carried forward -€2.3m
down €2.3m (-100.0%), from €2.3m to €0
- Trade debts +€431,014
up €431,014 (+25.4%), from €1.7m to €2.1m
- Accrued charges and deferred income -€200,675
down €200,675 (-41.0%), from €489,579 to €288,904
- Debts after one year +€199,442
up €199,442 (+19.8%), from €1.0m to €1.2m
of which Financial debts: +€199,442
Income statement
- Turnover +€1.8m
up €1.8m (+8.0%), from €22.0m to €23.8m
- Goods and materials +€1.4m
up €1.4m (+10.3%), from €14.0m to €15.5m
of which Purchases: +€1.8m
- Staff costs +€777,379
up €777,379 (+27.2%), from €2.9m to €3.6m
- Other operating income +€278,016
up €278,016 (+104.7%), from €265,552 to €543,568
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.
Result 2024
€1.7m
Turnover
+€1.8m
Other operating income
+€278,016
Goods and materials
-€1.4m
Services and other goods
-€171,283
Staff costs
-€777,379
Depreciation
-€77,694
Write-downs
-€39,668
Other operating charges
+€24,203
Other operating items
+€125,634
Financial income
+€5,828
Financial charges
+€87,503
Taxes
+€49,864
Deferred taxes and other
-€2
Result 2025
€1.6m
Cash bridge derived
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.
From operations
+€2.0m
Investment
-€1.1m
Financing
-€923,959
Cash 2024
€416,691
From operations (derived)
+€2.0m
Net result for the year
+€1.6m
Depreciation
+€653,858
Stocks and contracts
+€423,220
Receivables within one year
-€1.1m
Deferred charges and accrued income
-€45,848
Provisions
-€173
Trade debts
+€431,014
Tax, wage and social debts
+€198,415
Other debts
+€92,246
Accrued charges and deferred income
-€200,675
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Financing
-€923,959
Debts after one year
+€199,442
Current portion of long-term debt
-€65,395
Short-term financial debts
-€158,005
Contributions, distributions and other
-€900,000
Cash 2025
€446,652
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,908,877 | €11,063,934 | +€1.2m | +11.7% |
| Fixed assets | 21/28 | €2,333,326 | €2,753,178 | +€419,852 | +18.0% |
| Intangible fixed assets | 21 | €4,784 | €111,179 | +€106,395 | +2223.8% |
| Tangible fixed assets | 22/27 | €1,161,660 | €1,474,982 | +€313,322 | +27.0% |
| Plant, machinery and equipment | 23 | €765,348 | €534,640 | -€230,708 | -30.1% |
| Furniture and vehicles | 24 | €326,203 | €378,823 | +€52,620 | +16.1% |
| Leasing and similar rights | 25 | €60,696 | €1,121 | -€59,575 | -98.2% |
| Other tangible fixed assets | 26 | €9,414 | €560,399 | +€550,985 | +5852.8% |
| Financial fixed assets | 28 | €1,166,881 | €1,167,016 | +€135 | 0.0% |
| Affiliated companies | 280/1 | €1,165,885 | €1,165,885 | = | 0.0% |
| Participating interests | 280 | €1,165,885 | €1,165,885 | = | 0.0% |
| Other financial fixed assets | 284/8 | €996 | €1,131 | +€135 | +13.6% |
| Amounts receivable and cash guarantees | 285/8 | €996 | €1,131 | +€135 | +13.6% |
| Current assets | 29/58 | €7,575,551 | €8,310,756 | +€735,205 | +9.7% |
| Stocks and contracts in progress | 3 | €2,642,763 | €2,219,543 | -€423,220 | -16.0% |
| Stocks | 30/36 | €1,841,217 | €1,678,245 | -€162,972 | -8.9% |
| Goods purchased for resale | 34 | €1,841,217 | €1,678,245 | -€162,972 | -8.9% |
| Contracts in progress | 37 | €801,546 | €541,299 | -€260,247 | -32.5% |
| Amounts receivable within one year | 40/41 | €4,316,824 | €5,399,440 | +€1.1m | +25.1% |
| Trade receivables | 40 | €4,044,945 | €5,269,749 | +€1.2m | +30.3% |
| Other amounts receivable | 41 | €271,879 | €129,691 | -€142,188 | -52.3% |
| Cash at bank and in hand | 54/58 | €416,691 | €446,652 | +€29,961 | +7.2% |
| Deferred charges and accrued income | 490/1 | €199,273 | €245,121 | +€45,848 | +23.0% |
| Total equity and liabilities | 10/49 | €9,908,877 | €11,063,934 | +€1.2m | +11.7% |
| Equity | 10/15 | €4,005,771 | €4,663,961 | +€658,189 | +16.4% |
| Contributions | 10/11 | €1,010,000 | €1,010,000 | = | 0.0% |
| Capital | 10 | €1,010,000 | €1,010,000 | = | 0.0% |
| Issued capital | 100 | €1,010,000 | €1,010,000 | = | 0.0% |
| Reserves | 13 | €738,167 | €3,653,961 | +€2.9m | +395.0% |
| Non-distributable reserves | 130/1 | €101,190 | €101,190 | = | 0.0% |
| Legal reserve | 130 | €101,000 | €101,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €190 | €190 | = | 0.0% |
| Tax-exempt reserves | 132 | €290,988 | €690,418 | +€399,430 | +137.3% |
| Distributable reserves | 133 | €345,989 | €2,862,353 | +€2.5m | +727.3% |
| Profit (loss) carried forward | 14 | €2,257,605 | €0 | -€2.3m | -100.0% |
| Provisions and deferred taxes | 16 | €173 | €0 | -€173 | -100.0% |
| Deferred taxes | 168 | €173 | €0 | -€173 | -100.0% |
| Amounts payable | 17/49 | €5,902,932 | €6,399,973 | +€497,041 | +8.4% |
| Amounts payable after more than one year | 17 | €1,009,266 | €1,208,708 | +€199,442 | +19.8% |
| Financial debts | 170/4 | €1,009,266 | €1,208,708 | +€199,442 | +19.8% |
| Leasing and similar obligations | 172 | €896 | €0 | -€896 | -100.0% |
| Credit institutions | 173 | €1,008,370 | €1,208,708 | +€200,337 | +19.9% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €4,404,087 | €4,902,362 | +€498,275 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €477,683 | €412,288 | -€65,395 | -13.7% |
| Financial debts | 43 | €396,576 | €238,570 | -€158,005 | -39.8% |
| Credit institutions | 430/8 | €396,576 | €238,570 | -€158,005 | -39.8% |
| Trade debts | 44 | €1,697,430 | €2,128,444 | +€431,014 | +25.4% |
| Suppliers | 440/4 | €1,697,430 | €2,128,444 | +€431,014 | +25.4% |
| Taxes, remuneration and social security | 45 | €929,644 | €1,128,059 | +€198,415 | +21.3% |
| Taxes | 450/3 | €395,625 | €471,890 | +€76,266 | +19.3% |
| Remuneration and social security | 454/9 | €534,020 | €656,169 | +€122,149 | +22.9% |
| Other amounts payable | 47/48 | €902,754 | €995,000 | +€92,246 | +10.2% |
| Accrued charges and deferred income | 492/3 | €489,579 | €288,904 | -€200,675 | -41.0% |
| Operating income | 70/76A | €21,982,785 | €24,060,260 | +€2.1m | +9.5% |
| Turnover | 70 | €22,008,848 | €23,775,683 | +€1.8m | +8.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€303,634 | -€260,247 | +€43,387 | +14.3% |
| Other operating income | 74 | €265,552 | €543,568 | +€278,016 | +104.7% |
| Non-recurring operating income | 76A | €12,020 | €1,256 | -€10,763 | -89.5% |
| Operating charges | 60/66A | €19,687,286 | €22,079,816 | +€2.4m | +12.2% |
| Goods for resale, raw materials and consumables | 60 | €14,013,813 | €15,457,533 | +€1.4m | +10.3% |
| Purchases | 600/8 | €13,613,202 | €15,410,161 | +€1.8m | +13.2% |
| Change in stocks: decrease (increase) | 609 | €400,611 | €47,372 | -€353,239 | -88.2% |
| Services and other goods | 61 | €1,982,971 | €2,154,254 | +€171,283 | +8.6% |
| Remuneration, social security and pensions | 62 | €2,857,332 | €3,634,711 | +€777,379 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €576,164 | €653,858 | +€77,694 | +13.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €112,373 | €152,040 | +€39,668 | +35.3% |
| Other operating charges | 640/8 | €45,025 | €20,822 | -€24,203 | -53.8% |
| Non-recurring operating charges | 66A | €99,608 | €6,598 | -€93,010 | -93.4% |
| Operating profit (loss) | 9901 | €2,295,499 | €1,980,444 | -€315,056 | -13.7% |
| Financial income | 75/76B | €235,192 | €241,019 | +€5,828 | +2.5% |
| Recurring financial income | 75 | €235,192 | €241,019 | +€5,828 | +2.5% |
| Income from financial fixed assets | 750 | €200,000 | €200,000 | = | 0.0% |
| Income from current assets | 751 | €16,172 | €6,145 | -€10,026 | -62.0% |
| Other financial income | 752/9 | €19,020 | €34,874 | +€15,854 | +83.4% |
| Financial charges | 65/66B | €243,547 | €156,045 | -€87,503 | -35.9% |
| Recurring financial charges | 65 | €243,547 | €156,045 | -€87,503 | -35.9% |
| Debt charges | 650 | €206,415 | €137,086 | -€69,329 | -33.6% |
| Other financial charges | 652/9 | €37,132 | €18,959 | -€18,173 | -48.9% |
| Profit (loss) for the period before taxes | 9903 | €2,287,143 | €2,065,418 | -€221,725 | -9.7% |
| Transfer from deferred taxes | 780 | €175 | €173 | -€2 | -1.0% |
| Income taxes | 67/77 | €557,266 | €507,402 | -€49,864 | -8.9% |
| Taxes | 670/3 | €557,500 | €507,500 | -€50,000 | -9.0% |
| Tax adjustments and reversals of tax provisions | 77 | €234 | €98 | -€136 | -58.2% |
| Profit (loss) for the period | 9904 | €1,730,052 | €1,558,189 | -€171,863 | -9.9% |
| Transfer from tax-exempt reserves | 789 | €132,079 | €520 | -€131,560 | -99.6% |
| Transfer to tax-exempt reserves | 689 | €0 | €399,950 | +€399,950 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,862,132 | €1,158,759 | -€703,373 | -37.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.