PLENUM: 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.
PLENUM
Largest movements
- Cash +€51,839
up €51,839 (+799%), from €6,488 to €58,326
mainly Receivables within one year (+€36,131) and Trade debts (+€21,386)
- Receivables within one year -€36,131
down €36,131 (-50.4%), from €71,687 to €35,556
of which Trade receivables: -€43,577
- Tangible fixed assets +€7,084
up €7,084 (+91.0%), from €7,785 to €14,869
of which Furniture and vehicles: +€5,024
- Deferred charges and accrued income +€3,384
new in 2025: €3,384
- Trade debts +€21,386
up €21,386 (+1,095%), from €1,953 to €23,339
- Reserves +€17,200
up €17,200 (+35.2%), from €48,860 to €66,060
- Profit (loss) carried forward -€5,431
no longer reported in 2025 (was €5,431)
- Debts after one year -€5,000
no longer reported in 2025 (was €5,000)
- Other debts -€4,523
down €4,523 (-57.9%), from €7,811 to €3,288
- Gross operating margin +€35,959
up €35,959 (+200%), from €18,003 to €53,963
- Staff costs +€8,920
up €8,920 (+109%), from €8,156 to €17,076
- Taxes +€7,541
up €7,541 (+190%), from €3,970 to €11,512
- Depreciation +€2,589
up €2,589 (+132%), from €1,955 to €4,544
- Other operating charges +€2,281
up €2,281 (+196%), from €1,166 to €3,447
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.
Derived cash bridge
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 | €86,135 | €112,286 | +€26,151 | +30.4% |
| Fixed assets | 21/28 | €7,960 | €15,019 | +€7,059 | +88.7% |
| Tangible fixed assets | 22/27 | €7,785 | €14,869 | +€7,084 | +91.0% |
| Plant, machinery and equipment | 23 | €220 | €2,279 | +€2,059 | +936% |
| Furniture and vehicles | 24 | €7,565 | €12,590 | +€5,024 | +66.4% |
| Financial fixed assets | 28 | €175 | €150 | -€25 | -14.3% |
| Current assets | 29/58 | €78,175 | €97,267 | +€19,092 | +24.4% |
| Amounts receivable within one year | 40/41 | €71,687 | €35,556 | -€36,131 | -50.4% |
| Trade receivables | 40 | €71,687 | €28,110 | -€43,577 | -60.8% |
| Other amounts receivable | 41 | - | €7,446 | +€7,446 | |
| Cash at bank and in hand | 54/58 | €6,488 | €58,326 | +€51,839 | +799% |
| Deferred charges and accrued income | 490/1 | - | €3,384 | +€3,384 | |
| Total equity and liabilities | 10/49 | €86,135 | €112,286 | +€26,151 | +30.4% |
| Equity | 10/15 | €63,591 | €75,360 | +€11,769 | +18.5% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Reserves | 13 | €48,860 | €66,060 | +€17,200 | +35.2% |
| Distributable reserves | 133 | €48,860 | €66,060 | +€17,200 | +35.2% |
| Profit (loss) carried forward | 14 | €5,431 | - | -€5,431 | |
| Amounts payable | 17/49 | €22,544 | €36,926 | +€14,381 | +63.8% |
| Amounts payable after more than one year | 17 | €5,000 | - | -€5,000 | |
| Other amounts payable | 178/9 | €5,000 | - | -€5,000 | |
| Amounts payable within one year | 42/48 | €17,544 | €36,926 | +€19,381 | +110% |
| Trade debts | 44 | €1,953 | €23,339 | +€21,386 | +1,095% |
| Suppliers | 440/4 | €1,953 | €23,339 | +€21,386 | +1,095% |
| Taxes, remuneration and social security | 45 | €7,780 | €10,299 | +€2,519 | +32.4% |
| Taxes | 450/3 | €6,778 | €6,351 | -€426 | -6.3% |
| Remuneration and social security | 454/9 | €1,002 | €3,947 | +€2,945 | +294% |
| Other amounts payable | 47/48 | €7,811 | €3,288 | -€4,523 | -57.9% |
| Remuneration, social security and pensions | 62 | €8,156 | €17,076 | +€8,920 | +109% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,955 | €4,544 | +€2,589 | +132% |
| Other operating charges | 640/8 | €1,166 | €3,447 | +€2,281 | +196% |
| Gross operating margin | 9900 | €18,003 | €53,963 | +€35,959 | +200% |
| Operating profit (loss) | 9901 | €6,727 | €28,895 | +€22,168 | +330% |
| Financial income | 75/76B | €2 | €1 | -€1 | -31.8% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -31.8% |
| Financial charges | 65/66B | €658 | €162 | -€496 | -75.4% |
| Recurring financial charges | 65 | €658 | €162 | -€496 | -75.4% |
| Profit (loss) for the period before taxes | 9903 | €6,071 | €28,734 | +€22,663 | +373% |
| Income taxes | 67/77 | €3,970 | €11,512 | +€7,541 | +190% |
| Profit (loss) for the period | 9904 | €2,101 | €17,223 | +€15,122 | +720% |
| Profit (loss) for the period to be appropriated | 9905 | €2,101 | €17,223 | +€15,122 | +720% |
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 17 October 2026 via checked.be.