PLB Group: 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 Group
Largest movements
- Receivables within one year -€33,286
down €33,286 (-25.7%), from €129,688 to €96,402
of which Other amounts receivable: -€32,064
- Tangible fixed assets -€18,139
down €18,139 (-47.4%), from €38,260 to €20,120
of which Furniture and vehicles: -€18,139
- Cash -€9,944
down €9,944 (-64.7%), from €15,376 to €5,432
mainly Net result for the year (-€73,839) and Trade debts (-€46,068)
- Profit (loss) carried forward -€73,839
down €73,839 (-62.2%), from -€118,673 to -€192,512
- Debts after one year +€63,367
up €63,367 (+50.2%), from €126,201 to €189,568
of which Other amounts payable: +€75,068
- Trade debts -€46,068
down €46,068 (-55.0%), from €83,801 to €37,733
- Current portion of long-term debt -€3,678
down €3,678 (-21.8%), from €16,879 to €13,201
- Gross operating margin -€73,621
down €73,621, from €19,672 to -€53,949
- Other operating charges -€11,075
down €11,075 (-80.1%), from €13,819 to €2,744
- Financial charges -€2,904
down €2,904 (-24.1%), from €12,037 to €9,133
- Depreciation +€1,939
up €1,939 (+24.0%), from €8,091 to €10,030
- Taxes -€1,900
down €1,900 (-100.0%), from €1,900 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €185,056 | €124,254 | -€60,803 | -32.9% |
| Fixed assets | 21/28 | €39,993 | €21,853 | -€18,139 | -45.4% |
| Tangible fixed assets | 22/27 | €38,260 | €20,120 | -€18,139 | -47.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €38,260 | €20,120 | -€18,139 | -47.4% |
| Financial fixed assets | 28 | €1,733 | €1,733 | = | 0.0% |
| Current assets | 29/58 | €145,064 | €102,400 | -€42,664 | -29.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €129,688 | €96,402 | -€33,286 | -25.7% |
| Trade receivables | 40 | €65,648 | €64,426 | -€1,222 | -1.9% |
| Other amounts receivable | 41 | €64,041 | €31,976 | -€32,064 | -50.1% |
| Cash at bank and in hand | 54/58 | €15,376 | €5,432 | -€9,944 | -64.7% |
| Deferred charges and accrued income | 490/1 | - | €566 | +€566 | |
| Total equity and liabilities | 10/49 | €185,056 | €124,254 | -€60,803 | -32.9% |
| Equity | 10/15 | -€84,896 | -€158,735 | -€73,839 | -87.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,177 | €15,177 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €15,177 | €15,177 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,673 | -€192,512 | -€73,839 | -62.2% |
| Amounts payable | 17/49 | €269,952 | €282,989 | +€13,036 | +4.8% |
| Amounts payable after more than one year | 17 | €126,201 | €189,568 | +€63,367 | +50.2% |
| Financial debts | 170/4 | €126,201 | €114,500 | -€11,701 | -9.3% |
| Other amounts payable | 178/9 | - | €75,068 | +€75,068 | |
| Amounts payable within one year | 42/48 | €143,752 | €93,420 | -€50,331 | -35.0% |
| Current portion of amounts payable after more than one year | 42 | €16,879 | €13,201 | -€3,678 | -21.8% |
| Financial debts | 43 | €24,900 | €24,950 | +€50 | +0.2% |
| Credit institutions | 430/8 | €24,900 | €24,950 | +€50 | +0.2% |
| Trade debts | 44 | €83,801 | €37,733 | -€46,068 | -55.0% |
| Suppliers | 440/4 | €83,801 | €37,733 | -€46,068 | -55.0% |
| Taxes, remuneration and social security | 45 | €5,172 | €4,537 | -€635 | -12.3% |
| Taxes | 450/3 | €5,172 | €4,537 | -€635 | -12.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €13,000 | €13,000 | = | 0.0% |
| Non-recurring operating income | 76A | €9,711 | €2,316 | -€7,395 | -76.2% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,091 | €10,030 | +€1,939 | +24.0% |
| Other operating charges | 640/8 | €13,819 | €2,744 | -€11,075 | -80.1% |
| Non-recurring operating charges | 66A | €24,400 | €825 | -€23,575 | -96.6% |
| Gross operating margin | 9900 | €19,672 | -€53,949 | -€73,621 | |
| Operating profit (loss) | 9901 | -€26,637 | -€67,548 | -€40,910 | -153.6% |
| Financial income | 75/76B | €4,095 | €2,842 | -€1,253 | -30.6% |
| Recurring financial income | 75 | €4,095 | €2,842 | -€1,253 | -30.6% |
| Financial charges | 65/66B | €12,037 | €9,133 | -€2,904 | -24.1% |
| Recurring financial charges | 65 | €12,037 | €9,133 | -€2,904 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | -€34,579 | -€73,839 | -€39,260 | -113.5% |
| Income taxes | 67/77 | €1,900 | €0 | -€1,900 | -100.0% |
| Profit (loss) for the period | 9904 | -€36,479 | -€73,839 | -€37,360 | -102.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,479 | -€73,839 | -€37,360 | -102.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.