PLAZ: 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
PLAZ
NACE 82.990, Other business support services
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
-€23,343
2025 · €997-€24,340
Equity
-€119,774
2025 · -€96,431-€23,343
Cash
€13,803
2025 · €18,652-€4,849
Balance sheet total
€2.5m
2025 · €2.6m-€113,087
Largest movements
Assets
- Tangible fixed assets -€107,082
down €107,082 (-4.2%), from €2.6m to €2.5m
of which Land and buildings: -€98,212
Equity and liabilities
- Debts after one year -€109,513
down €109,513 (-5.4%), from €2.0m to €1.9m
Income statement
- Financial charges +€20,146
up €20,146 (+40.4%), from €49,905 to €70,050
- Staff costs +€7,482
up €7,482 (+14.0%), from €53,546 to €61,028
- Gross operating margin +€3,683
up €3,683 (+1.7%), from €216,750 to €220,433
From the 2025 result to the 2026 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 2025
€997
Gross operating margin
+€3,683
Staff costs
-€7,482
Depreciation
-€262
Other operating charges
-€133
Financial income
-€0
Financial charges
-€20,146
Result 2026
-€23,343
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€115,556
Investment
€0
Financing
-€120,405
Cash 2025
€18,652
From operations (derived)
+€115,556
Net result for the year
-€23,343
Depreciation
+€107,082
Receivables within one year
+€934
Deferred charges and accrued income
+€222
Trade debts
-€1,152
Tax, wage and social debts
+€2,212
Other debts
+€11,834
Accrued charges and deferred income
+€17,765
Financing
-€120,405
Debts after one year
-€109,513
Current portion of long-term debt
-€10,892
Cash 2026
€13,803
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,579,951 | €2,466,863 | -€113,087 | -4.4% |
| Fixed assets | 21/28 | €2,558,904 | €2,451,822 | -€107,082 | -4.2% |
| Tangible fixed assets | 22/27 | €2,558,904 | €2,451,822 | -€107,082 | -4.2% |
| Land and buildings | 22 | €2,532,491 | €2,434,279 | -€98,212 | -3.9% |
| Furniture and vehicles | 24 | €26,414 | €17,543 | -€8,870 | -33.6% |
| Current assets | 29/58 | €21,046 | €15,041 | -€6,006 | -28.5% |
| Amounts receivable within one year | 40/41 | €934 | €0 | -€934 | -100.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €934 | €0 | -€934 | -100.0% |
| Cash at bank and in hand | 54/58 | €18,652 | €13,803 | -€4,849 | -26.0% |
| Deferred charges and accrued income | 490/1 | €1,460 | €1,238 | -€222 | -15.2% |
| Total equity and liabilities | 10/49 | €2,579,951 | €2,466,863 | -€113,087 | -4.4% |
| Equity | 10/15 | -€96,431 | -€119,774 | -€23,343 | -24.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,431 | -€169,774 | -€23,343 | -15.9% |
| Amounts payable | 17/49 | €2,676,381 | €2,586,637 | -€89,745 | -3.4% |
| Amounts payable after more than one year | 17 | €2,019,893 | €1,910,380 | -€109,513 | -5.4% |
| Financial debts | 170/4 | €2,019,893 | €1,910,380 | -€109,513 | -5.4% |
| Amounts payable within one year | 42/48 | €656,489 | €658,492 | +€2,003 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €645,405 | €634,513 | -€10,892 | -1.7% |
| Trade debts | 44 | €7,263 | €6,111 | -€1,152 | -15.9% |
| Suppliers | 440/4 | €7,263 | €6,111 | -€1,152 | -15.9% |
| Taxes, remuneration and social security | 45 | €3,821 | €6,034 | +€2,212 | +57.9% |
| Remuneration and social security | 454/9 | €3,821 | €6,034 | +€2,212 | +57.9% |
| Other amounts payable | 47/48 | - | €11,834 | +€11,834 | |
| Accrued charges and deferred income | 492/3 | €0 | €17,765 | +€17,765 | |
| Remuneration, social security and pensions | 62 | €53,546 | €61,028 | +€7,482 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,820 | €107,082 | +€262 | +0.2% |
| Other operating charges | 640/8 | €5,483 | €5,616 | +€133 | +2.4% |
| Gross operating margin | 9900 | €216,750 | €220,433 | +€3,683 | +1.7% |
| Operating profit (loss) | 9901 | €50,901 | €46,707 | -€4,194 | -8.2% |
| Financial income | 75/76B | €1 | €1 | -€0 | -3.2% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -3.2% |
| Financial charges | 65/66B | €49,905 | €70,050 | +€20,146 | +40.4% |
| Recurring financial charges | 65 | €49,905 | €70,050 | +€20,146 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | €997 | -€23,343 | -€24,340 | |
| Profit (loss) for the period | 9904 | €997 | -€23,343 | -€24,340 | |
| Profit (loss) for the period to be appropriated | 9905 | €997 | -€23,343 | -€24,340 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.