PLEX: 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.
PLEX
Largest movements
- Receivables within one year -€27,585
down €27,585 (-95.3%), from €28,943 to €1,358
of which Trade receivables: -€28,943
- Cash +€21,003
up €21,003 (+145.8%), from €14,409 to €35,412
mainly Receivables within one year (+€27,585) and Depreciation (+€11,188)
- Tangible fixed assets -€11,188
down €11,188 (-7.3%), from €153,960 to €142,772
of which Land and buildings: -€10,231
- Profit (loss) carried forward -€16,621
down €16,621 (-9.4%), from -€176,438 to -€193,059
- Tax, wage and social debts -€3,391
down €3,391 (-92.8%), from €3,653 to €262
- Other debts +€2,137
up €2,137 (+0.6%), from €357,240 to €359,377
- Gross operating margin -€20,465
down €20,465, from €15,032 to -€5,433
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 | €197,312 | €179,542 | -€17,770 | -9.0% |
| Fixed assets | 21/28 | €153,960 | €142,772 | -€11,188 | -7.3% |
| Tangible fixed assets | 22/27 | €153,960 | €142,772 | -€11,188 | -7.3% |
| Land and buildings | 22 | €153,004 | €142,772 | -€10,231 | -6.7% |
| Plant, machinery and equipment | 23 | €807 | - | -€807 | |
| Furniture and vehicles | 24 | €149 | - | -€149 | |
| Current assets | 29/58 | €43,352 | €36,770 | -€6,582 | -15.2% |
| Amounts receivable within one year | 40/41 | €28,943 | €1,358 | -€27,585 | -95.3% |
| Trade receivables | 40 | €28,943 | - | -€28,943 | |
| Other amounts receivable | 41 | - | €1,358 | +€1,358 | |
| Cash at bank and in hand | 54/58 | €14,409 | €35,412 | +€21,003 | +145.8% |
| Total equity and liabilities | 10/49 | €197,312 | €179,542 | -€17,770 | -9.0% |
| Equity | 10/15 | -€163,993 | -€180,613 | -€16,621 | -10.1% |
| Contributions | 10/11 | €11,403 | €11,403 | = | 0.0% |
| Capital | 10 | €11,403 | €11,403 | = | 0.0% |
| Issued capital | 100 | €44,621 | €44,621 | = | 0.0% |
| Uncalled capital | 101 | €33,218 | €33,218 | = | 0.0% |
| Reserves | 13 | €1,042 | €1,042 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,042 | €1,042 | = | 0.0% |
| Legal reserve | 130 | €1,042 | €1,042 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€176,438 | -€193,059 | -€16,621 | -9.4% |
| Amounts payable | 17/49 | €361,305 | €360,156 | -€1,149 | -0.3% |
| Amounts payable within one year | 42/48 | €360,892 | €360,156 | -€737 | -0.2% |
| Trade debts | 44 | - | €517 | +€517 | |
| Suppliers | 440/4 | - | €517 | +€517 | |
| Taxes, remuneration and social security | 45 | €3,653 | €262 | -€3,391 | -92.8% |
| Taxes | 450/3 | €3,653 | €262 | -€3,391 | -92.8% |
| Other amounts payable | 47/48 | €357,240 | €359,377 | +€2,137 | +0.6% |
| Accrued charges and deferred income | 492/3 | €412 | - | -€412 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,185 | €11,188 | +€3 | 0.0% |
| Gross operating margin | 9900 | €15,032 | -€5,433 | -€20,465 | |
| Operating profit (loss) | 9901 | €3,847 | -€16,621 | -€20,468 | |
| Profit (loss) for the period before taxes | 9903 | €3,847 | -€16,621 | -€20,468 | |
| Profit (loss) for the period | 9904 | €3,847 | -€16,621 | -€20,468 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,847 | -€16,621 | -€20,468 |
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 28 September 2026 via checked.be.