PLAY-OFF: 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.
PLAY-OFF
Largest movements
- Receivables within one year +€8,300
up €8,300 (+75.0%), from €11,065 to €19,365
of which Trade receivables: +€6,691
- Stocks and contracts -€4,093
down €4,093 (-23.6%), from €17,350 to €13,257
- Other debts -€13,020
down €13,020 (-51.7%), from €25,173 to €12,153
- Trade debts +€9,014
up €9,014 (+283.1%), from €3,184 to €12,198
- Tax, wage and social debts +€6,195
up €6,195 (+112.9%), from €5,488 to €11,683
- Profit (loss) carried forward +€2,277
up €2,277 (+12.5%), from -€18,183 to -€15,906
- Gross operating margin -€8,723
down €8,723 (-55.3%), from €15,780 to €7,058
- Taxes -€2,508
down €2,508 (-62.5%), from €4,009 to €1,501
- Financial charges +€739
up €739 (+339.5%), from €218 to €956
- Other operating charges +€311
up €311 (+39.5%), from €788 to €1,099
- Depreciation +€187
up €187 (+18.1%), from €1,036 to €1,223
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,032 | €34,388 | +€4,357 | +14.5% |
| Fixed assets | 21/28 | €1,409 | €1,386 | -€23 | -1.6% |
| Tangible fixed assets | 22/27 | €1,409 | €1,386 | -€23 | -1.6% |
| Furniture and vehicles | 24 | €1,409 | €1,386 | -€23 | -1.6% |
| Current assets | 29/58 | €28,623 | €33,002 | +€4,380 | +15.3% |
| Stocks and contracts in progress | 3 | €17,350 | €13,257 | -€4,093 | -23.6% |
| Stocks | 30/36 | €17,350 | €13,257 | -€4,093 | -23.6% |
| Amounts receivable within one year | 40/41 | €11,065 | €19,365 | +€8,300 | +75.0% |
| Trade receivables | 40 | €3,289 | €9,980 | +€6,691 | +203.4% |
| Other amounts receivable | 41 | €7,776 | €9,385 | +€1,609 | +20.7% |
| Cash at bank and in hand | 54/58 | €208 | €381 | +€173 | +83.3% |
| Total equity and liabilities | 10/49 | €30,032 | €34,388 | +€4,357 | +14.5% |
| Equity | 10/15 | -€3,923 | -€1,646 | +€2,277 | +58.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,183 | -€15,906 | +€2,277 | +12.5% |
| Amounts payable | 17/49 | €33,955 | €36,034 | +€2,079 | +6.1% |
| Amounts payable within one year | 42/48 | €33,955 | €36,034 | +€2,079 | +6.1% |
| Financial debts | 43 | €111 | - | -€111 | |
| Credit institutions | 430/8 | €111 | - | -€111 | |
| Trade debts | 44 | €3,184 | €12,198 | +€9,014 | +283.1% |
| Suppliers | 440/4 | €3,184 | €12,198 | +€9,014 | +283.1% |
| Taxes, remuneration and social security | 45 | €5,488 | €11,683 | +€6,195 | +112.9% |
| Taxes | 450/3 | €5,488 | €11,683 | +€6,195 | +112.9% |
| Other amounts payable | 47/48 | €25,173 | €12,153 | -€13,020 | -51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,036 | €1,223 | +€187 | +18.1% |
| Other operating charges | 640/8 | €788 | €1,099 | +€311 | +39.5% |
| Gross operating margin | 9900 | €15,780 | €7,058 | -€8,723 | -55.3% |
| Operating profit (loss) | 9901 | €13,957 | €4,735 | -€9,222 | -66.1% |
| Financial charges | 65/66B | €218 | €956 | +€739 | +339.5% |
| Recurring financial charges | 65 | €218 | €956 | +€739 | +339.5% |
| Profit (loss) for the period before taxes | 9903 | €13,739 | €3,779 | -€9,960 | -72.5% |
| Income taxes | 67/77 | €4,009 | €1,501 | -€2,508 | -62.5% |
| Profit (loss) for the period | 9904 | €9,730 | €2,277 | -€7,453 | -76.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,730 | €2,277 | -€7,453 | -76.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.