PLC CONCEPT: 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.
PLC CONCEPT
Largest movements
- Receivables within one year +€33,031
up €33,031 (+191.3%), from €17,265 to €50,296
of which Other amounts receivable: +€36,502
- Cash -€17,449
down €17,449 (-100.0%), from €17,450 to €0
mainly Receivables within one year (-€33,031) and Other debts (-€2,788)
- Deferred charges and accrued income +€1,190
up €1,190 (+35.2%), from €3,382 to €4,572
- Tangible fixed assets -€699
down €699 (-56.0%), from €1,249 to €550
- Trade debts +€13,157
up €13,157 (+201.4%), from €6,534 to €19,691
- Tax, wage and social debts +€3,259
up €3,259 (+35.7%), from €9,131 to €12,389
- Other debts -€2,788
down €2,788 (-77.0%), from €3,621 to €833
- Reserves +€1,597
up €1,597 (+8.4%), from €19,061 to €20,658
- Short-term financial debts +€846
new in 2025: €846
- Gross operating margin -€22,173
down €22,173 (-72.6%), from €30,557 to €8,384
- Taxes -€4,033
down €4,033 (-59.8%), from €6,747 to €2,714
- Other operating charges -€725
down €725 (-45.8%), from €1,582 to €857
- Depreciation +€550
up €550 (+367.9%), from €149 to €699
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 | €39,346 | €55,418 | +€16,071 | +40.8% |
| Fixed assets | 21/28 | €1,249 | €550 | -€699 | -56.0% |
| Tangible fixed assets | 22/27 | €1,249 | €550 | -€699 | -56.0% |
| Furniture and vehicles | 24 | €1,249 | €550 | -€699 | -56.0% |
| Current assets | 29/58 | €38,097 | €54,868 | +€16,771 | +44.0% |
| Amounts receivable within one year | 40/41 | €17,265 | €50,296 | +€33,031 | +191.3% |
| Trade receivables | 40 | €16,516 | €13,045 | -€3,471 | -21.0% |
| Other amounts receivable | 41 | €749 | €37,251 | +€36,502 | +4870.5% |
| Current investments | 50/53 | €1 | €0 | -€1 | -86.3% |
| Cash at bank and in hand | 54/58 | €17,450 | €0 | -€17,449 | -100.0% |
| Deferred charges and accrued income | 490/1 | €3,382 | €4,572 | +€1,190 | +35.2% |
| Total equity and liabilities | 10/49 | €39,346 | €55,418 | +€16,071 | +40.8% |
| Equity | 10/15 | €20,061 | €21,658 | +€1,597 | +8.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €19,061 | €20,658 | +€1,597 | +8.4% |
| Distributable reserves | 133 | €19,061 | €20,658 | +€1,597 | +8.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,285 | €33,760 | +€14,475 | +75.1% |
| Amounts payable within one year | 42/48 | €19,285 | €33,760 | +€14,475 | +75.1% |
| Financial debts | 43 | - | €846 | +€846 | |
| Credit institutions | 430/8 | - | €846 | +€846 | |
| Trade debts | 44 | €6,534 | €19,691 | +€13,157 | +201.4% |
| Suppliers | 440/4 | €6,534 | €19,691 | +€13,157 | +201.4% |
| Taxes, remuneration and social security | 45 | €9,131 | €12,389 | +€3,259 | +35.7% |
| Taxes | 450/3 | €9,131 | €12,389 | +€3,259 | +35.7% |
| Other amounts payable | 47/48 | €3,621 | €833 | -€2,788 | -77.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149 | €699 | +€550 | +367.9% |
| Other operating charges | 640/8 | €1,582 | €857 | -€725 | -45.8% |
| Gross operating margin | 9900 | €30,557 | €8,384 | -€22,173 | -72.6% |
| Operating profit (loss) | 9901 | €28,825 | €6,827 | -€21,998 | -76.3% |
| Financial income | 75/76B | €78 | €295 | +€217 | +279.0% |
| Recurring financial income | 75 | €78 | €295 | +€217 | +279.0% |
| Financial charges | 65/66B | €2,262 | €1,978 | -€284 | -12.5% |
| Recurring financial charges | 65 | €2,262 | €1,978 | -€284 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €26,641 | €5,144 | -€21,497 | -80.7% |
| Income taxes | 67/77 | €6,747 | €2,714 | -€4,033 | -59.8% |
| Profit (loss) for the period | 9904 | €19,894 | €2,430 | -€17,464 | -87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,894 | €2,430 | -€17,464 | -87.8% |
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 30 September 2026 via checked.be.