PLETSERS: 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.
What changed
PLETSERS
NACE 47.631, Retail trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€9,245
2024 · -€12,775+€3,530
Equity
€3.3m
2024 · €3.3m-€9,245
Cash
€135,573
2024 · €51,716+€83,857
Balance sheet total
€4.5m
2024 · €4.5m+€84,236
Largest movements
Assets
- Cash +€83,857
up €83,857 (+162%), from €51,716 to €135,573
mainly Trade debts (+€202,886) and Depreciation (+€38,463)
Equity and liabilities
- Trade debts +€202,886
up €202,886 (+91.5%), from €221,666 to €424,552
- Tax, wage and social debts -€45,777
down €45,777 (-78.0%), from €58,703 to €12,926
of which Taxes: -€24,227
Income statement
- Gross operating margin -€30,413
down €30,413 (-16.2%), from €187,445 to €157,032
- Staff costs -€26,925
down €26,925 (-22.3%), from €120,986 to €94,060
- Taxes -€3,704
down €3,704 (-95.7%), from €3,870 to €166
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.
Result 2024
-€12,775
Gross operating margin
-€30,413
Staff costs
+€26,925
Depreciation
+€1,813
Other operating charges
+€160
Financial income
+€955
Financial charges
+€386
Taxes
+€3,704
Result 2025
-€9,245
raises the resultlowers the result
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.
From operations
+€163,181
Investment
-€20,526
Financing
-€58,798
Cash 2024
€51,716
From operations (derived)
+€163,181
Net result for the year
-€9,245
Depreciation
+€38,463
Stocks and contracts
-€13,622
Receivables within one year
-€2,252
Deferred charges and accrued income
-€2,442
Trade debts
+€202,886
Tax, wage and social debts
-€45,777
Other debts
-€623
Accrued charges and deferred income
-€4,207
Investment (derived)
-€20,526
Investment in fixed assets (net)
-€20,526
Financing
-€58,798
Debts after one year
-€31,897
Current portion of long-term debt
-€23,514
Short-term financial debts
-€3,387
Cash 2025
€135,573
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,457,755 | €4,541,990 | +€84,236 | +1.9% |
| Fixed assets | 21/28 | €2,962,961 | €2,945,023 | -€17,937 | -0.6% |
| Intangible fixed assets | 21 | €408 | €0 | -€408 | -100.0% |
| Tangible fixed assets | 22/27 | €2,962,553 | €2,945,023 | -€17,529 | -0.6% |
| Land and buildings | 22 | €140,265 | €119,820 | -€20,445 | -14.6% |
| Plant, machinery and equipment | 23 | €54,488 | €58,060 | +€3,572 | +6.6% |
| Furniture and vehicles | 24 | €1,142 | €485 | -€657 | -57.5% |
| Other tangible fixed assets | 26 | €2,766,658 | €2,766,658 | = | 0.0% |
| Current assets | 29/58 | €1,494,794 | €1,596,967 | +€102,173 | +6.8% |
| Stocks and contracts in progress | 3 | €1,332,690 | €1,346,313 | +€13,622 | +1.0% |
| Stocks | 30/36 | €1,306,986 | €1,320,609 | +€13,622 | +1.0% |
| Contracts in progress | 37 | €25,704 | €25,704 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €102,708 | €104,960 | +€2,252 | +2.2% |
| Trade receivables | 40 | €80,929 | €84,052 | +€3,123 | +3.9% |
| Other amounts receivable | 41 | €21,779 | €20,908 | -€871 | -4.0% |
| Cash at bank and in hand | 54/58 | €51,716 | €135,573 | +€83,857 | +162% |
| Deferred charges and accrued income | 490/1 | €7,680 | €10,121 | +€2,442 | +31.8% |
| Total equity and liabilities | 10/49 | €4,457,755 | €4,541,990 | +€84,236 | +1.9% |
| Equity | 10/15 | €3,288,182 | €3,278,936 | -€9,245 | -0.3% |
| Contributions | 10/11 | €2,519,500 | €2,519,500 | = | 0.0% |
| Capital | 10 | €2,519,500 | €2,519,500 | = | 0.0% |
| Issued capital | 100 | €2,519,500 | €2,519,500 | = | 0.0% |
| Reserves | 13 | €40,238 | €40,238 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,238 | €40,238 | = | 0.0% |
| Legal reserve | 130 | €16,786 | €16,786 | = | 0.0% |
| Reserves not available under the articles | 1311 | €23,452 | €23,452 | = | 0.0% |
| Profit (loss) carried forward | 14 | €728,444 | €719,198 | -€9,245 | -1.3% |
| Amounts payable | 17/49 | €1,169,573 | €1,263,054 | +€93,481 | +8.0% |
| Amounts payable after more than one year | 17 | €124,811 | €92,914 | -€31,897 | -25.6% |
| Financial debts | 170/4 | €124,811 | €92,914 | -€31,897 | -25.6% |
| Amounts payable within one year | 42/48 | €1,037,505 | €1,167,089 | +€129,585 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €55,411 | €31,897 | -€23,514 | -42.4% |
| Financial debts | 43 | €326,387 | €323,000 | -€3,387 | -1.0% |
| Credit institutions | 430/8 | €326,387 | €323,000 | -€3,387 | -1.0% |
| Trade debts | 44 | €221,666 | €424,552 | +€202,886 | +91.5% |
| Suppliers | 440/4 | €221,666 | €424,552 | +€202,886 | +91.5% |
| Taxes, remuneration and social security | 45 | €58,703 | €12,926 | -€45,777 | -78.0% |
| Taxes | 450/3 | €32,014 | €7,787 | -€24,227 | -75.7% |
| Remuneration and social security | 454/9 | €26,689 | €5,139 | -€21,550 | -80.7% |
| Other amounts payable | 47/48 | €375,337 | €374,714 | -€623 | -0.2% |
| Accrued charges and deferred income | 492/3 | €7,257 | €3,051 | -€4,207 | -58.0% |
| Remuneration, social security and pensions | 62 | €120,986 | €94,060 | -€26,925 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,276 | €38,463 | -€1,813 | -4.5% |
| Other operating charges | 640/8 | €4,486 | €4,327 | -€160 | -3.6% |
| Gross operating margin | 9900 | €187,445 | €157,032 | -€30,413 | -16.2% |
| Operating profit (loss) | 9901 | €21,696 | €20,181 | -€1,515 | -7.0% |
| Financial income | 75/76B | €1,686 | €2,641 | +€955 | +56.7% |
| Recurring financial income | 75 | €1,686 | €2,641 | +€955 | +56.7% |
| Financial charges | 65/66B | €32,287 | €31,902 | -€386 | -1.2% |
| Recurring financial charges | 65 | €32,287 | €31,902 | -€386 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,905 | -€9,079 | -€174 | -2.0% |
| Income taxes | 67/77 | €3,870 | €166 | -€3,704 | -95.7% |
| Profit (loss) for the period | 9904 | -€12,775 | -€9,245 | +€3,530 | +27.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,775 | -€9,245 | +€3,530 | +27.6% |
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 1 November 2026 via checked.be.