PLF INTERNATIONAL: 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.
PLF INTERNATIONAL
Largest movements
- Tangible fixed assets -€24,257
down €24,257 (-19.0%), from €127,755 to €103,498
of which Land and buildings: -€23,529
- Cash -€10,658
down €10,658 (-8.1%), from €131,623 to €120,966
mainly Other debts (-€21,754) and Net result for the year (-€13,445)
- Other debts -€21,754
down €21,754 (-14.2%), from €153,183 to €131,429
- Profit (loss) carried forward -€13,445
down €13,445 (-7.0%), from -€191,655 to -€205,100
- Gross operating margin +€2,144
up €2,144 (+18.3%), from €11,705 to €13,849
- Depreciation -€2,132
down €2,132 (-8.1%), from €26,389 to €24,257
- Financial income +€1,301
up €1,301 (+3,823%), from €34 to €1,335
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 | €260,938 | €225,709 | -€35,229 | -13.5% |
| Fixed assets | 21/28 | €127,755 | €103,498 | -€24,257 | -19.0% |
| Tangible fixed assets | 22/27 | €127,755 | €103,498 | -€24,257 | -19.0% |
| Land and buildings | 22 | €127,027 | €103,498 | -€23,529 | -18.5% |
| Furniture and vehicles | 24 | €728 | - | -€728 | |
| Current assets | 29/58 | €133,184 | €122,211 | -€10,972 | -8.2% |
| Amounts receivable within one year | 40/41 | €409 | €253 | -€156 | -38.1% |
| Trade receivables | 40 | €409 | - | -€409 | |
| Other amounts receivable | 41 | - | €253 | +€253 | |
| Cash at bank and in hand | 54/58 | €131,623 | €120,966 | -€10,658 | -8.1% |
| Deferred charges and accrued income | 490/1 | €1,152 | €993 | -€159 | -13.8% |
| Total equity and liabilities | 10/49 | €260,938 | €225,709 | -€35,229 | -13.5% |
| Equity | 10/15 | -€43,317 | -€56,763 | -€13,445 | -31.0% |
| Contributions | 10/11 | €147,405 | €147,405 | = | 0.0% |
| Reserves | 13 | €933 | €933 | = | 0.0% |
| Non-distributable reserves | 130/1 | €847 | €847 | = | 0.0% |
| Reserves not available under the articles | 1311 | €847 | €847 | = | 0.0% |
| Tax-exempt reserves | 132 | €85 | €85 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€191,655 | -€205,100 | -€13,445 | -7.0% |
| Amounts payable | 17/49 | €304,256 | €282,472 | -€21,784 | -7.2% |
| Amounts payable after more than one year | 17 | €151,000 | €151,000 | = | 0.0% |
| Financial debts | 170/4 | €147,000 | €147,000 | = | 0.0% |
| Other amounts payable | 178/9 | €4,000 | €4,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €153,256 | €131,472 | -€21,784 | -14.2% |
| Trade debts | 44 | - | €42 | +€42 | |
| Suppliers | 440/4 | - | €42 | +€42 | |
| Taxes, remuneration and social security | 45 | €73 | - | -€73 | |
| Taxes | 450/3 | €73 | - | -€73 | |
| Other amounts payable | 47/48 | €153,183 | €131,429 | -€21,754 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,389 | €24,257 | -€2,132 | -8.1% |
| Other operating charges | 640/8 | €3,955 | €4,048 | +€93 | +2.4% |
| Gross operating margin | 9900 | €11,705 | €13,849 | +€2,144 | +18.3% |
| Operating profit (loss) | 9901 | -€18,640 | -€14,457 | +€4,183 | +22.4% |
| Financial income | 75/76B | €34 | €1,335 | +€1,301 | +3,823% |
| Recurring financial income | 75 | €34 | €1,335 | +€1,301 | +3,823% |
| Financial charges | 65/66B | €211 | €253 | +€42 | +19.7% |
| Recurring financial charges | 65 | €211 | €253 | +€42 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | -€18,817 | -€13,374 | +€5,443 | +28.9% |
| Income taxes | 67/77 | €48 | €71 | +€23 | +48.9% |
| Profit (loss) for the period | 9904 | -€18,864 | -€13,445 | +€5,419 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,864 | -€13,445 | +€5,419 | +28.7% |
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 28 October 2026 via checked.be.