PLM CONCEPTS: 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
PLM CONCEPTS
NACE 43.331, Floor and wall tiling
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€103,183
2024 · -€40,558-€62,625
Equity
-€519
2024 · €102,664-€103,183
Cash
€64
2024 · €64
Balance sheet total
€325,928
2024 · €308,740+€17,188
Largest movements
Assets
- Receivables after one year +€27,752
up €27,752 (+28.6%), from €96,937 to €124,689
- Stocks and contracts -€10,101
down €10,101 (-39.8%), from €25,372 to €15,271
Equity and liabilities
- Reserves -€90,264
down €90,264 (-100%), from €90,264 to €0
- Tax, wage and social debts +€54,860
up €54,860 (+54.8%), from €100,151 to €155,011
of which Taxes: +€33,120
- Trade debts +€44,681
up €44,681 (+45.0%), from €99,376 to €144,057
- Short-term financial debts +€25,821
up €25,821 (+2,859%), from €903 to €26,725
of which Credit institutions: +€25,249
- Profit (loss) carried forward -€12,919
new in 2025: -€12,919
Income statement
- Staff costs +€28,894
up €28,894 (+7.7%), from €374,420 to €403,315
- Other operating charges +€20,250
up €20,250 (+1,140%), from €1,777 to €22,027
- Gross operating margin -€12,250
down €12,250 (-3.5%), from €345,903 to €333,652
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
-€40,558
Gross operating margin
-€12,250
Staff costs
-€28,894
Depreciation
-€145
Write-downs
-€458
Other operating charges
-€20,250
Financial income
+€145
Financial charges
-€772
Taxes
+€0
Result 2025
-€103,183
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
-€24,117
Investment
-€1,704
Financing
+€25,821
Cash 2024
€64
From operations (derived)
-€24,117
Net result for the year
-€103,183
Depreciation
+€1,214
Receivables after one year
-€27,752
Stocks and contracts
+€10,101
Receivables within one year
+€1,319
Deferred charges and accrued income
-€366
Trade debts
+€44,681
Tax, wage and social debts
+€54,860
Other debts
-€675
Accrued charges and deferred income
-€4,316
Investment (derived)
-€1,704
Investment in fixed assets (net)
-€1,704
Financing
+€25,821
Short-term financial debts
+€25,821
Cash 2025
€64
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €308,740 | €325,928 | +€17,188 | +5.6% |
| Fixed assets | 21/28 | €4,135 | €4,625 | +€490 | +11.9% |
| Tangible fixed assets | 22/27 | €2,095 | €2,585 | +€490 | +23.4% |
| Plant, machinery and equipment | 23 | €2,095 | €1,729 | -€367 | -17.5% |
| Furniture and vehicles | 24 | €0 | €857 | +€857 | |
| Financial fixed assets | 28 | €2,040 | €2,040 | = | 0.0% |
| Current assets | 29/58 | €304,605 | €321,303 | +€16,698 | +5.5% |
| Amounts receivable after more than one year | 29 | €96,937 | €124,689 | +€27,752 | +28.6% |
| Other amounts receivable | 291 | €96,937 | €124,689 | +€27,752 | +28.6% |
| Stocks and contracts in progress | 3 | €25,372 | €15,271 | -€10,101 | -39.8% |
| Stocks | 30/36 | €25,372 | €15,271 | -€10,101 | -39.8% |
| Amounts receivable within one year | 40/41 | €177,629 | €176,309 | -€1,319 | -0.7% |
| Trade receivables | 40 | €169,260 | €171,470 | +€2,211 | +1.3% |
| Other amounts receivable | 41 | €8,369 | €4,839 | -€3,530 | -42.2% |
| Cash at bank and in hand | 54/58 | €64 | €64 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €4,603 | €4,969 | +€366 | +8.0% |
| Total equity and liabilities | 10/49 | €308,740 | €325,928 | +€17,188 | +5.6% |
| Equity | 10/15 | €102,664 | -€519 | -€103,183 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €90,264 | €0 | -€90,264 | -100% |
| Distributable reserves | 133 | €90,264 | €0 | -€90,264 | -100% |
| Profit (loss) carried forward | 14 | - | -€12,919 | -€12,919 | |
| Amounts payable | 17/49 | €206,077 | €326,447 | +€120,371 | +58.4% |
| Amounts payable within one year | 42/48 | €201,249 | €325,936 | +€124,687 | +62.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €903 | €26,725 | +€25,821 | +2,859% |
| Credit institutions | 430/8 | €903 | €26,152 | +€25,249 | +2,796% |
| Other loans | 439 | - | €573 | +€573 | |
| Trade debts | 44 | €99,376 | €144,057 | +€44,681 | +45.0% |
| Suppliers | 440/4 | €99,376 | €144,057 | +€44,681 | +45.0% |
| Taxes, remuneration and social security | 45 | €100,151 | €155,011 | +€54,860 | +54.8% |
| Taxes | 450/3 | €10,179 | €43,298 | +€33,120 | +325% |
| Remuneration and social security | 454/9 | €89,972 | €111,712 | +€21,740 | +24.2% |
| Other amounts payable | 47/48 | €819 | €144 | -€675 | -82.4% |
| Accrued charges and deferred income | 492/3 | €4,827 | €511 | -€4,316 | -89.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €374,420 | €403,315 | +€28,894 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,069 | €1,214 | +€145 | +13.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,543 | €5,000 | +€458 | +10.1% |
| Other operating charges | 640/8 | €1,777 | €22,027 | +€20,250 | +1,140% |
| Gross operating margin | 9900 | €345,903 | €333,652 | -€12,250 | -3.5% |
| Operating profit (loss) | 9901 | -€35,906 | -€97,904 | -€61,998 | -173% |
| Financial income | 75/76B | €280 | €425 | +€145 | +51.7% |
| Recurring financial income | 75 | €280 | €425 | +€145 | +51.7% |
| Financial charges | 65/66B | €4,609 | €5,382 | +€772 | +16.8% |
| Recurring financial charges | 65 | €4,609 | €5,382 | +€772 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | -€40,235 | -€102,860 | -€62,625 | -156% |
| Income taxes | 67/77 | €323 | €323 | -€0 | -0.1% |
| Profit (loss) for the period | 9904 | -€40,558 | -€103,183 | -€62,625 | -154% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,558 | -€103,183 | -€62,625 | -154% |
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 13 October 2026 via checked.be.