PLEINSUD: what changed
PLEINSUD
Largest movements
- Tangible fixed assets -€30,676
down €30,676 (-20.3%), from €151,174 to €120,498
of which Furniture and vehicles: -€35,084
- Deferred charges and accrued income +€5,699
up €5,699 (+166%), from €3,429 to €9,129
- Receivables within one year -€3,882
down €3,882 (-35.6%), from €10,903 to €7,021
- Stocks and contracts +€3,492
up €3,492 (+6.5%), from €53,417 to €56,908
- Profit (loss) carried forward -€48,756
down €48,756 (-32.6%), from -€149,771 to -€198,527
- Other debts +€30,702
up €30,702 (+13.9%), from €220,945 to €251,647
- Debts after one year -€12,229
down €12,229 (-92.3%), from €13,253 to €1,025
- Trade debts +€3,269
up €3,269 (+56.9%), from €5,747 to €9,016
- Gross operating margin +€7,583
up €7,583 (+66.8%), from €11,357 to €18,940
- Depreciation -€1,939
down €1,939 (-3.2%), from €60,826 to €58,887
- Other operating charges +€1,056
up €1,056 (+28.8%), from €3,672 to €4,728
- Financial charges +€977
up €977 (+39.0%), from €2,509 to €3,486
of which Non-recurring financial charges: +€1,096
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €222,138 | €195,258 | -€26,880 | -12.1% |
| Fixed assets | 21/28 | €151,174 | €120,498 | -€30,676 | -20.3% |
| Tangible fixed assets | 22/27 | €151,174 | €120,498 | -€30,676 | -20.3% |
| Plant, machinery and equipment | 23 | €963 | €364 | -€599 | -62.2% |
| Furniture and vehicles | 24 | €105,840 | €70,755 | -€35,084 | -33.1% |
| Other tangible fixed assets | 26 | €44,372 | €49,379 | +€5,007 | +11.3% |
| Current assets | 29/58 | €70,964 | €74,760 | +€3,796 | +5.3% |
| Stocks and contracts in progress | 3 | €53,417 | €56,908 | +€3,492 | +6.5% |
| Stocks | 30/36 | €53,417 | €56,908 | +€3,492 | +6.5% |
| Amounts receivable within one year | 40/41 | €10,903 | €7,021 | -€3,882 | -35.6% |
| Trade receivables | 40 | €10,903 | €7,021 | -€3,882 | -35.6% |
| Cash at bank and in hand | 54/58 | €3,215 | €1,702 | -€1,513 | -47.1% |
| Deferred charges and accrued income | 490/1 | €3,429 | €9,129 | +€5,699 | +166% |
| Total equity and liabilities | 10/49 | €222,138 | €195,258 | -€26,880 | -12.1% |
| Equity | 10/15 | -€33,771 | -€82,527 | -€48,756 | -144% |
| Contributions | 10/11 | €49,500 | €49,500 | = | 0.0% |
| Reserves | 13 | €66,500 | €66,500 | = | 0.0% |
| Distributable reserves | 133 | €66,500 | €66,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€149,771 | -€198,527 | -€48,756 | -32.6% |
| Amounts payable | 17/49 | €255,908 | €277,784 | +€21,876 | +8.5% |
| Amounts payable after more than one year | 17 | €13,253 | €1,025 | -€12,229 | -92.3% |
| Financial debts | 170/4 | €13,253 | €1,025 | -€12,229 | -92.3% |
| Amounts payable within one year | 42/48 | €242,655 | €276,760 | +€34,105 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €12,108 | €12,229 | +€120 | +1.0% |
| Trade debts | 44 | €5,747 | €9,016 | +€3,269 | +56.9% |
| Suppliers | 440/4 | €5,747 | €9,016 | +€3,269 | +56.9% |
| Taxes, remuneration and social security | 45 | €3,855 | €3,868 | +€13 | +0.3% |
| Taxes | 450/3 | €3,855 | €3,868 | +€13 | +0.3% |
| Other amounts payable | 47/48 | €220,945 | €251,647 | +€30,702 | +13.9% |
| Non-recurring operating income | 76A | €4 | €9,343 | +€9,339 | +237,623% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,826 | €58,887 | -€1,939 | -3.2% |
| Other operating charges | 640/8 | €3,672 | €4,728 | +€1,056 | +28.8% |
| Non-recurring operating charges | 66A | €13 | €196 | +€184 | +1,435% |
| Gross operating margin | 9900 | €11,357 | €18,940 | +€7,583 | +66.8% |
| Operating profit (loss) | 9901 | -€53,154 | -€44,872 | +€8,283 | +15.6% |
| Financial charges | 65/66B | €2,509 | €3,486 | +€977 | +39.0% |
| Recurring financial charges | 65 | €360 | €241 | -€119 | -33.1% |
| Non-recurring financial charges | 66B | €2,148 | €3,245 | +€1,096 | +51.0% |
| Profit (loss) for the period before taxes | 9903 | -€55,663 | -€48,358 | +€7,305 | +13.1% |
| Income taxes | 67/77 | €436 | €398 | -€38 | -8.7% |
| Profit (loss) for the period | 9904 | -€56,099 | -€48,756 | +€7,343 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,099 | -€48,756 | +€7,343 | +13.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.