PLB: 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.
PLB
Largest movements
- Tangible fixed assets -€8,502
down €8,502 (-47.1%), from €18,059 to €9,557
of which Furniture and vehicles: -€7,144
- Cash -€6,739
down €6,739 (-25.5%), from €26,437 to €19,698
mainly Accrued charges and deferred income (-€9,496) and Debts after one year (-€7,309)
- Deferred charges and accrued income +€4,217
new in 2025: €4,217
- Receivables within one year -€3,667
down €3,667 (-13.8%), from €26,565 to €22,898
of which Trade receivables: -€10,703
- Stocks and contracts -€789
down €789 (-15.5%), from €5,099 to €4,310
- Accrued charges and deferred income -€9,496
down €9,496 (-58.4%), from €16,252 to €6,756
- Profit (loss) carried forward +€8,755
up €8,755 (+165.3%), from €5,296 to €14,051
- Debts after one year -€7,309
down €7,309 (-84.9%), from €8,609 to €1,300
- Other debts -€6,431
down €6,431 (-40.9%), from €15,706 to €9,275
- Trade debts +€3,705
up €3,705 (+179.1%), from €2,069 to €5,774
- Turnover +€54,923
up €54,923 (+19.9%), from €275,880 to €330,803
- Gross operating margin +€29,521
up €29,521 (+52.3%), from €56,398 to €85,919
- Purchases and services +€25,401
up €25,401 (+11.6%), from €219,482 to €244,883
- Staff costs +€11,400
up €11,400 (+22.4%), from €50,798 to €62,198
- Depreciation -€3,780
down €3,780 (-30.8%), from €12,282 to €8,502
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 | €76,865 | €61,385 | -€15,480 | -20.1% |
| Fixed assets | 21/28 | €18,764 | €10,262 | -€8,502 | -45.3% |
| Tangible fixed assets | 22/27 | €18,059 | €9,557 | -€8,502 | -47.1% |
| Plant, machinery and equipment | 23 | €2,579 | €1,221 | -€1,358 | -52.7% |
| Furniture and vehicles | 24 | €15,480 | €8,336 | -€7,144 | -46.1% |
| Financial fixed assets | 28 | €705 | €705 | = | 0.0% |
| Current assets | 29/58 | €58,101 | €51,123 | -€6,978 | -12.0% |
| Stocks and contracts in progress | 3 | €5,099 | €4,310 | -€789 | -15.5% |
| Stocks | 30/36 | €5,099 | €4,310 | -€789 | -15.5% |
| Amounts receivable within one year | 40/41 | €26,565 | €22,898 | -€3,667 | -13.8% |
| Trade receivables | 40 | €16,150 | €5,447 | -€10,703 | -66.3% |
| Other amounts receivable | 41 | €10,415 | €17,451 | +€7,036 | +67.6% |
| Cash at bank and in hand | 54/58 | €26,437 | €19,698 | -€6,739 | -25.5% |
| Deferred charges and accrued income | 490/1 | - | €4,217 | +€4,217 | |
| Total equity and liabilities | 10/49 | €76,865 | €61,385 | -€15,480 | -20.1% |
| Equity | 10/15 | €11,496 | €20,251 | +€8,755 | +76.2% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,296 | €14,051 | +€8,755 | +165.3% |
| Amounts payable | 17/49 | €65,369 | €41,134 | -€24,235 | -37.1% |
| Amounts payable after more than one year | 17 | €8,609 | €1,300 | -€7,309 | -84.9% |
| Financial debts | 170/4 | €8,609 | €1,300 | -€7,309 | -84.9% |
| Amounts payable within one year | 42/48 | €40,508 | €33,078 | -€7,430 | -18.3% |
| Current portion of amounts payable after more than one year | 42 | €7,260 | €7,320 | +€60 | +0.8% |
| Trade debts | 44 | €2,069 | €5,774 | +€3,705 | +179.1% |
| Suppliers | 440/4 | €2,069 | €5,774 | +€3,705 | +179.1% |
| Advances received on contracts in progress | 46 | €1,380 | - | -€1,380 | |
| Taxes, remuneration and social security | 45 | €14,093 | €10,709 | -€3,384 | -24.0% |
| Taxes | 450/3 | €7,846 | €6,352 | -€1,494 | -19.0% |
| Remuneration and social security | 454/9 | €6,247 | €4,357 | -€1,890 | -30.3% |
| Other amounts payable | 47/48 | €15,706 | €9,275 | -€6,431 | -40.9% |
| Accrued charges and deferred income | 492/3 | €16,252 | €6,756 | -€9,496 | -58.4% |
| Turnover | 70 | €275,880 | €330,803 | +€54,923 | +19.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €219,482 | €244,883 | +€25,401 | +11.6% |
| Remuneration, social security and pensions | 62 | €50,798 | €62,198 | +€11,400 | +22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,282 | €8,502 | -€3,780 | -30.8% |
| Other operating charges | 640/8 | €3,699 | €2,428 | -€1,271 | -34.4% |
| Non-recurring operating charges | 66A | - | €544 | +€544 | |
| Gross operating margin | 9900 | €56,398 | €85,919 | +€29,521 | +52.3% |
| Operating profit (loss) | 9901 | -€10,381 | €12,247 | +€22,628 | |
| Financial income | 75/76B | €135 | €25 | -€110 | -81.5% |
| Recurring financial income | 75 | €135 | €25 | -€110 | -81.5% |
| Financial charges | 65/66B | €516 | €517 | +€1 | +0.2% |
| Recurring financial charges | 65 | €516 | €517 | +€1 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,762 | €11,755 | +€22,517 | |
| Income taxes | 67/77 | -€48 | €3,000 | +€3,048 | |
| Profit (loss) for the period | 9904 | -€10,714 | €8,755 | +€19,469 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,714 | €8,755 | +€19,469 |
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.