PLD ELECTRONICS: what changed
Two financial 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.
PLD ELECTRONICS
Largest movements
- Current investments -€406,062
down €406,062 (-70.8%), from €573,637 to €167,575
- Receivables within one year +€114,739
up €114,739 (+203.2%), from €56,472 to €171,211
of which Trade receivables: +€111,916
- Cash +€74,958
up €74,958 (+17.8%), from €420,878 to €495,836
mainly Current investments (+€406,062) and Net result for the year (+€353,618)
- Reserves -€146,382
down €146,382 (-42.1%), from €347,528 to €201,147
of which Distributable reserves: -€146,382
- Other debts -€80,545
down €80,545 (-13.9%), from €580,736 to €500,191
- Tax, wage and social debts -€31,988
down €31,988 (-60.9%), from €52,520 to €20,532
of which Taxes: -€31,338
- Trade debts +€17,265
up €17,265 (+22.1%), from €78,249 to €95,514
- Accrued charges and deferred income +€17,235
new in 2025: €17,235
- Financial income -€26,033
down €26,033 (-43.9%), from €59,247 to €33,214
- Financial charges +€12,118
up €12,118, from -€3,857 to €8,261
- Gross operating margin +€8,057
up €8,057 (+1.8%), from €450,103 to €458,160
- Taxes -€8,048
down €8,048 (-6.3%), from €126,851 to €118,803
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 | €1,068,142 | €844,429 | -€223,713 | -20.9% |
| Fixed assets | 21/28 | €12,304 | €4,468 | -€7,836 | -63.7% |
| Tangible fixed assets | 22/27 | €12,254 | €4,418 | -€7,836 | -63.9% |
| Plant, machinery and equipment | 23 | €5,451 | €3,828 | -€1,623 | -29.8% |
| Furniture and vehicles | 24 | €6,705 | €590 | -€6,115 | -91.2% |
| Other tangible fixed assets | 26 | €97 | - | -€97 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €1,055,838 | €839,960 | -€215,878 | -20.4% |
| Stocks and contracts in progress | 3 | €3,800 | €4,250 | +€450 | +11.8% |
| Stocks | 30/36 | €3,800 | €4,250 | +€450 | +11.8% |
| Amounts receivable within one year | 40/41 | €56,472 | €171,211 | +€114,739 | +203.2% |
| Trade receivables | 40 | €33,904 | €145,820 | +€111,916 | +330.1% |
| Other amounts receivable | 41 | €22,568 | €25,391 | +€2,823 | +12.5% |
| Current investments | 50/53 | €573,637 | €167,575 | -€406,062 | -70.8% |
| Cash at bank and in hand | 54/58 | €420,878 | €495,836 | +€74,958 | +17.8% |
| Deferred charges and accrued income | 490/1 | €1,051 | €1,089 | +€37 | +3.6% |
| Total equity and liabilities | 10/49 | €1,068,142 | €844,429 | -€223,713 | -20.9% |
| Equity | 10/15 | €353,862 | €207,481 | -€146,382 | -41.4% |
| Contributions | 10/11 | €6,334 | €6,334 | = | 0.0% |
| Reserves | 13 | €347,528 | €201,147 | -€146,382 | -42.1% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €238 | €238 | = | 0.0% |
| Distributable reserves | 133 | €345,390 | €199,008 | -€146,382 | -42.4% |
| Amounts payable | 17/49 | €714,280 | €636,948 | -€77,332 | -10.8% |
| Amounts payable after more than one year | 17 | €2,775 | €3,476 | +€702 | +25.3% |
| Other amounts payable | 178/9 | €2,775 | €3,476 | +€702 | +25.3% |
| Amounts payable within one year | 42/48 | €711,505 | €616,237 | -€95,268 | -13.4% |
| Trade debts | 44 | €78,249 | €95,514 | +€17,265 | +22.1% |
| Suppliers | 440/4 | €78,249 | €95,514 | +€17,265 | +22.1% |
| Taxes, remuneration and social security | 45 | €52,520 | €20,532 | -€31,988 | -60.9% |
| Taxes | 450/3 | €48,820 | €17,482 | -€31,338 | -64.2% |
| Remuneration and social security | 454/9 | €3,700 | €3,050 | -€650 | -17.6% |
| Other amounts payable | 47/48 | €580,736 | €500,191 | -€80,545 | -13.9% |
| Accrued charges and deferred income | 492/3 | - | €17,235 | +€17,235 | |
| Remuneration, social security and pensions | 62 | €724 | €943 | +€219 | +30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,740 | €7,836 | -€904 | -10.3% |
| Other operating charges | 640/8 | €1,739 | €1,912 | +€172 | +9.9% |
| Gross operating margin | 9900 | €450,103 | €458,160 | +€8,057 | +1.8% |
| Operating profit (loss) | 9901 | €438,900 | €447,470 | +€8,570 | +2.0% |
| Financial income | 75/76B | €59,247 | €33,214 | -€26,033 | -43.9% |
| Recurring financial income | 75 | €59,247 | €33,214 | -€26,033 | -43.9% |
| Financial charges | 65/66B | -€3,857 | €8,261 | +€12,118 | |
| Recurring financial charges | 65 | -€3,857 | €8,261 | +€12,118 | |
| Profit (loss) for the period before taxes | 9903 | €502,004 | €472,422 | -€29,582 | -5.9% |
| Income taxes | 67/77 | €126,851 | €118,803 | -€8,048 | -6.3% |
| Profit (loss) for the period | 9904 | €375,152 | €353,618 | -€21,534 | -5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €375,152 | €353,618 | -€21,534 | -5.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.