PLAYWORLD: 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.
PLAYWORLD
Largest movements
- Receivables within one year -€98,385
down €98,385 (-26.8%), from €367,293 to €268,908
of which Trade receivables: -€60,635
- Cash -€86,526
down €86,526 (-17.7%), from €489,730 to €403,203
mainly Net result for the year (-€135,680) and Advances received (-€102,415)
- Tangible fixed assets -€33,752
down €33,752 (-26.1%), from €129,545 to €95,794
of which Plant, machinery and equipment: -€26,148
- Profit (loss) carried forward -€135,680
down €135,680, from €5,681 to -€129,999
- Advances received -€102,415
down €102,415 (-37.9%), from €270,000 to €167,585
- Trade debts +€25,846
up €25,846 (+46.5%), from €55,612 to €81,458
- Current portion of long-term debt -€10,980
down €10,980 (-57.5%), from €19,108 to €8,128
- Gross operating margin -€142,394
down €142,394 (-27.4%), from €520,012 to €377,617
- Staff costs +€25,685
up €25,685 (+11.3%), from €226,420 to €252,105
- Taxes +€13,802
up €13,802 (+40.7%), from €33,904 to €47,706
- Financial income -€5,787
down €5,787 (-80.5%), from €7,187 to €1,400
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 | €1,066,128 | €847,829 | -€218,299 | -20.5% |
| Fixed assets | 21/28 | €129,731 | €95,980 | -€33,752 | -26.0% |
| Tangible fixed assets | 22/27 | €129,545 | €95,794 | -€33,752 | -26.1% |
| Plant, machinery and equipment | 23 | €89,823 | €63,674 | -€26,148 | -29.1% |
| Furniture and vehicles | 24 | €39,722 | €30,909 | -€8,813 | -22.2% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Assets under construction and advance payments | 27 | - | €1,210 | +€1,210 | |
| Financial fixed assets | 28 | €186 | €186 | = | 0.0% |
| Current assets | 29/58 | €936,397 | €751,849 | -€184,548 | -19.7% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Trade receivables | 290 | - | €75,000 | +€75,000 | |
| Other amounts receivable | 291 | €75,000 | €0 | -€75,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €367,293 | €268,908 | -€98,385 | -26.8% |
| Trade receivables | 40 | €298,517 | €237,882 | -€60,635 | -20.3% |
| Other amounts receivable | 41 | €68,775 | €31,026 | -€37,750 | -54.9% |
| Cash at bank and in hand | 54/58 | €489,730 | €403,203 | -€86,526 | -17.7% |
| Deferred charges and accrued income | 490/1 | €4,374 | €4,738 | +€364 | +8.3% |
| Total equity and liabilities | 10/49 | €1,066,128 | €847,829 | -€218,299 | -20.5% |
| Equity | 10/15 | €657,546 | €521,865 | -€135,680 | -20.6% |
| Contributions | 10/11 | €650,005 | €650,005 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €5,681 | -€129,999 | -€135,680 | |
| Amounts payable | 17/49 | €408,583 | €325,964 | -€82,619 | -20.2% |
| Amounts payable after more than one year | 17 | €26,957 | €18,829 | -€8,128 | -30.2% |
| Financial debts | 170/4 | €26,957 | €18,829 | -€8,128 | -30.2% |
| Amounts payable within one year | 42/48 | €381,625 | €304,634 | -€76,991 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €19,108 | €8,128 | -€10,980 | -57.5% |
| Trade debts | 44 | €55,612 | €81,458 | +€25,846 | +46.5% |
| Suppliers | 440/4 | €55,612 | €81,458 | +€25,846 | +46.5% |
| Advances received on contracts in progress | 46 | €270,000 | €167,585 | -€102,415 | -37.9% |
| Taxes, remuneration and social security | 45 | €36,906 | €47,464 | +€10,558 | +28.6% |
| Taxes | 450/3 | €3,808 | €11,056 | +€7,248 | +190.3% |
| Remuneration and social security | 454/9 | €33,098 | €36,408 | +€3,310 | +10.0% |
| Accrued charges and deferred income | 492/3 | - | €2,500 | +€2,500 | |
| Non-recurring operating income | 76A | €1,129 | €2,795 | +€1,665 | +147.5% |
| Remuneration, social security and pensions | 62 | €226,420 | €252,105 | +€25,685 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,225 | €34,962 | -€263 | -0.7% |
| Other operating charges | 640/8 | €159,156 | €156,235 | -€2,921 | -1.8% |
| Non-recurring operating charges | 66A | €593 | €21,147 | +€20,554 | +3464.4% |
| Gross operating margin | 9900 | €520,012 | €377,617 | -€142,394 | -27.4% |
| Operating profit (loss) | 9901 | €98,617 | -€86,831 | -€185,448 | |
| Financial income | 75/76B | €7,187 | €1,400 | -€5,787 | -80.5% |
| Recurring financial income | 75 | €7,187 | €1,400 | -€5,787 | -80.5% |
| Financial charges | 65/66B | €2,753 | €2,543 | -€210 | -7.6% |
| Recurring financial charges | 65 | €2,753 | €2,543 | -€210 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €103,051 | -€87,974 | -€191,025 | |
| Income taxes | 67/77 | €33,904 | €47,706 | +€13,802 | +40.7% |
| Profit (loss) for the period | 9904 | €69,147 | -€135,680 | -€204,827 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,147 | -€135,680 | -€204,827 |
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 12 October 2026 via checked.be.