PLBE: 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.
PLBE
Largest movements
- Tangible fixed assets -€77,012
down €77,012 (-2.6%), from €2.9m to €2.8m
of which Land and buildings: -€69,533
- Receivables within one year +€47,793
up €47,793 (+74.4%), from €64,218 to €112,011
of which Other amounts receivable: +€26,747
- Cash -€33,365
down €33,365 (-21.4%), from €155,647 to €122,282
mainly Debts after one year (-€319,927) and Receivables within one year (-€47,793)
- Debts after one year -€319,927
down €319,927 (-68.1%), from €469,738 to €149,810
- Profit (loss) carried forward +€167,096
up €167,096 (+8.1%), from -€2.1m to -€1.9m
- Accrued charges and deferred income +€108,455
up €108,455 (+8148.4%), from €1,331 to €109,786
- Turnover -€569,799
no longer reported in 2025 (was €569,799)
- Purchases and services -€211,324
no longer reported in 2025 (was €211,324)
- Gross operating margin -€105,035
down €105,035 (-29.3%), from €358,475 to €253,439
- Financial charges -€22,217
down €22,217 (-81.1%), from €27,409 to €5,192
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 | €3,232,858 | €3,171,926 | -€60,931 | -1.9% |
| Fixed assets | 21/28 | €2,914,215 | €2,837,203 | -€77,012 | -2.6% |
| Tangible fixed assets | 22/27 | €2,914,215 | €2,837,203 | -€77,012 | -2.6% |
| Land and buildings | 22 | €2,855,691 | €2,786,158 | -€69,533 | -2.4% |
| Plant, machinery and equipment | 23 | €58,524 | €51,045 | -€7,479 | -12.8% |
| Current assets | 29/58 | €318,643 | €334,724 | +€16,080 | +5.0% |
| Stocks and contracts in progress | 3 | €98,778 | €100,430 | +€1,652 | +1.7% |
| Stocks | 30/36 | €98,778 | €100,430 | +€1,652 | +1.7% |
| Amounts receivable within one year | 40/41 | €64,218 | €112,011 | +€47,793 | +74.4% |
| Trade receivables | 40 | €64,218 | €85,265 | +€21,047 | +32.8% |
| Other amounts receivable | 41 | €0 | €26,747 | +€26,747 | |
| Cash at bank and in hand | 54/58 | €155,647 | €122,282 | -€33,365 | -21.4% |
| Total equity and liabilities | 10/49 | €3,232,858 | €3,171,926 | -€60,931 | -1.9% |
| Equity | 10/15 | €2,737,635 | €2,904,732 | +€167,096 | +6.1% |
| Contributions | 10/11 | €3,125,000 | €3,125,000 | = | 0.0% |
| Capital | 10 | €3,125,000 | €3,125,000 | = | 0.0% |
| Issued capital | 100 | €3,125,000 | €3,125,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,034,043 | €1,034,043 | = | 0.0% |
| Reserves | 13 | €632,384 | €632,384 | = | 0.0% |
| Non-distributable reserves | 130/1 | €312,500 | €312,500 | = | 0.0% |
| Legal reserve | 130 | €312,500 | €312,500 | = | 0.0% |
| Distributable reserves | 133 | €319,884 | €319,884 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,053,792 | -€1,886,696 | +€167,096 | +8.1% |
| Amounts payable | 17/49 | €495,222 | €267,195 | -€228,028 | -46.0% |
| Amounts payable after more than one year | 17 | €469,738 | €149,810 | -€319,927 | -68.1% |
| Financial debts | 170/4 | €469,738 | €149,810 | -€319,927 | -68.1% |
| Amounts payable within one year | 42/48 | €24,154 | €7,598 | -€16,556 | -68.5% |
| Trade debts | 44 | €18,012 | €7,598 | -€10,414 | -57.8% |
| Suppliers | 440/4 | €18,012 | €7,598 | -€10,414 | -57.8% |
| Taxes, remuneration and social security | 45 | €6,141 | - | -€6,141 | |
| Taxes | 450/3 | €6,141 | - | -€6,141 | |
| Accrued charges and deferred income | 492/3 | €1,331 | €109,786 | +€108,455 | +8148.4% |
| Turnover | 70 | €569,799 | - | -€569,799 | |
| Goods, raw materials, services and sundry goods | 60/61 | €211,324 | - | -€211,324 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,586 | €77,012 | +€425 | +0.6% |
| Other operating charges | 640/8 | €9,093 | €4,139 | -€4,953 | -54.5% |
| Gross operating margin | 9900 | €358,475 | €253,439 | -€105,035 | -29.3% |
| Operating profit (loss) | 9901 | €272,796 | €172,289 | -€100,507 | -36.8% |
| Financial charges | 65/66B | €27,409 | €5,192 | -€22,217 | -81.1% |
| Recurring financial charges | 65 | €27,409 | €5,192 | -€22,217 | -81.1% |
| Profit (loss) for the period before taxes | 9903 | €245,387 | €167,096 | -€78,291 | -31.9% |
| Profit (loss) for the period | 9904 | €245,387 | €167,096 | -€78,291 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €245,387 | €167,096 | -€78,291 | -31.9% |
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 2 October 2026 via checked.be.