PLÉA MANAGEMENT: 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.
PLÉA MANAGEMENT
Largest movements
- Cash +€374,294
up €374,294 (+335.1%), from €111,707 to €486,001
mainly Current investments (+€300,000) and Other debts (+€137,946)
- Current investments -€300,000
no longer reported in 2025 (was €300,000)
- Receivables within one year +€33,351
up €33,351 (+644.2%), from €5,177 to €38,527
of which Other amounts receivable: +€20,041
- Tangible fixed assets -€7,045
down €7,045 (-27.6%), from €25,534 to €18,490
- Other debts +€137,946
up €137,946 (+4270.3%), from €3,230 to €141,176
- Reserves -€28,656
down €28,656 (-6.9%), from €414,411 to €385,754
- Tax, wage and social debts -€9,764
down €9,764 (-46.0%), from €21,240 to €11,475
of which Taxes: -€9,782
- Gross operating margin -€108,128
down €108,128 (-42.6%), from €254,077 to €145,949
- Taxes -€43,694
down €43,694 (-57.8%), from €75,559 to €31,865
- Financial income +€4,847
up €4,847 (+236.8%), from €2,046 to €6,893
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 | €443,447 | €544,254 | +€100,807 | +22.7% |
| Fixed assets | 21/28 | €25,534 | €18,490 | -€7,045 | -27.6% |
| Tangible fixed assets | 22/27 | €25,534 | €18,490 | -€7,045 | -27.6% |
| Furniture and vehicles | 24 | €25,534 | €18,490 | -€7,045 | -27.6% |
| Current assets | 29/58 | €417,912 | €525,764 | +€107,852 | +25.8% |
| Amounts receivable within one year | 40/41 | €5,177 | €38,527 | +€33,351 | +644.2% |
| Trade receivables | 40 | - | €13,310 | +€13,310 | |
| Other amounts receivable | 41 | €5,177 | €25,217 | +€20,041 | +387.1% |
| Current investments | 50/53 | €300,000 | - | -€300,000 | |
| Cash at bank and in hand | 54/58 | €111,707 | €486,001 | +€374,294 | +335.1% |
| Deferred charges and accrued income | 490/1 | €1,029 | €1,236 | +€207 | +20.1% |
| Total equity and liabilities | 10/49 | €443,447 | €544,254 | +€100,807 | +22.7% |
| Equity | 10/15 | €417,411 | €388,754 | -€28,656 | -6.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €414,411 | €385,754 | -€28,656 | -6.9% |
| Distributable reserves | 133 | €414,411 | €385,754 | -€28,656 | -6.9% |
| Amounts payable | 17/49 | €26,036 | €155,499 | +€129,463 | +497.3% |
| Amounts payable within one year | 42/48 | €26,036 | €154,499 | +€128,463 | +493.4% |
| Trade debts | 44 | €1,566 | €1,848 | +€282 | +18.0% |
| Suppliers | 440/4 | €1,566 | €1,848 | +€282 | +18.0% |
| Taxes, remuneration and social security | 45 | €21,240 | €11,475 | -€9,764 | -46.0% |
| Taxes | 450/3 | €18,530 | €8,748 | -€9,782 | -52.8% |
| Remuneration and social security | 454/9 | €2,710 | €2,728 | +€18 | +0.7% |
| Other amounts payable | 47/48 | €3,230 | €141,176 | +€137,946 | +4270.3% |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,045 | €7,045 | = | 0.0% |
| Other operating charges | 640/8 | €2,494 | €1,199 | -€1,295 | -51.9% |
| Gross operating margin | 9900 | €254,077 | €145,949 | -€108,128 | -42.6% |
| Operating profit (loss) | 9901 | €244,538 | €137,705 | -€106,833 | -43.7% |
| Financial income | 75/76B | €2,046 | €6,893 | +€4,847 | +236.8% |
| Recurring financial income | 75 | €2,046 | €6,893 | +€4,847 | +236.8% |
| Financial charges | 65/66B | €94 | €214 | +€120 | +128.0% |
| Recurring financial charges | 65 | €94 | €214 | +€120 | +128.0% |
| Profit (loss) for the period before taxes | 9903 | €246,491 | €144,385 | -€102,106 | -41.4% |
| Income taxes | 67/77 | €75,559 | €31,865 | -€43,694 | -57.8% |
| Profit (loss) for the period | 9904 | €170,932 | €112,520 | -€58,412 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €170,932 | €112,520 | -€58,412 | -34.2% |
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 6 October 2026 via checked.be.