PLO4: what changed
What changed
PLO4
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
€6,149
2025 · €28,685-€22,536
Equity
€332,070
2025 · €325,921+€6,149
Cash
€47,587
2025 · €29,131+€18,456
Balance sheet total
€567,871
2025 · €564,240+€3,631
Largest movements
Assets
- Cash +€18,456
up €18,456 (+63.4%), from €29,131 to €47,587
mainly Depreciation (+€21,888) and Net result for the year (+€6,149)
- Tangible fixed assets -€16,858
down €16,858 (-5.3%), from €316,459 to €299,601
of which Furniture and vehicles: -€37,147
Equity and liabilities
- Other debts -€10,157
down €10,157 (-100%), from €10,157 to €0
- Reserves +€6,106
up €6,106 (+2.0%), from €307,268 to €313,374
of which Distributable reserves: +€13,875
Income statement
- Gross operating margin -€36,396
down €36,396 (-55.3%), from €65,824 to €29,428
- Taxes -€8,604
down €8,604 (-59.3%), from €14,500 to €5,896
- Depreciation -€5,628
down €5,628 (-20.5%), from €27,515 to €21,888
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€28,685
Gross operating margin
-€36,396
Depreciation
+€5,628
Other operating charges
+€140
Financial income
+€96
Financial charges
-€609
Taxes
+€8,604
Result 2026
€6,149
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€16,876
Investment
-€5,030
Financing
+€6,610
Cash 2025
€29,131
From operations (derived)
+€16,876
Net result for the year
+€6,149
Depreciation
+€21,888
Receivables within one year
-€1,689
Deferred charges and accrued income
-€343
Provisions
-€1,942
Trade debts
+€2,802
Tax, wage and social debts
-€130
Advances received
+€1,706
Other debts
-€10,157
Accrued charges and deferred income
-€1,406
Investment (derived)
-€5,030
Investment in fixed assets (net)
-€5,030
Financing
+€6,610
Debts after one year
+€587
Current portion of long-term debt
+€2,602
Short-term financial debts
+€3,420
Cash 2026
€47,587
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €564,240 | €567,871 | +€3,631 | +0.6% |
| Fixed assets | 21/28 | €316,459 | €299,601 | -€16,858 | -5.3% |
| Tangible fixed assets | 22/27 | €316,459 | €299,601 | -€16,858 | -5.3% |
| Land and buildings | 22 | €255,317 | €283,752 | +€28,436 | +11.1% |
| Plant, machinery and equipment | 23 | €1,675 | €1,006 | -€668 | -39.9% |
| Furniture and vehicles | 24 | €39,062 | €1,915 | -€37,147 | -95.1% |
| Leasing and similar rights | 25 | €20,406 | €12,928 | -€7,478 | -36.6% |
| Current assets | 29/58 | €247,781 | €268,269 | +€20,488 | +8.3% |
| Amounts receivable after more than one year | 29 | €200,000 | €200,000 | = | 0.0% |
| Other amounts receivable | 291 | €200,000 | €200,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,184 | €16,874 | +€1,689 | +11.1% |
| Trade receivables | 40 | €6,165 | €3,588 | -€2,577 | -41.8% |
| Other amounts receivable | 41 | €9,019 | €13,286 | +€4,267 | +47.3% |
| Cash at bank and in hand | 54/58 | €29,131 | €47,587 | +€18,456 | +63.4% |
| Deferred charges and accrued income | 490/1 | €3,465 | €3,808 | +€343 | +9.9% |
| Total equity and liabilities | 10/49 | €564,240 | €567,871 | +€3,631 | +0.6% |
| Equity | 10/15 | €325,921 | €332,070 | +€6,149 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €307,268 | €313,374 | +€6,106 | +2.0% |
| Tax-exempt reserves | 132 | €124,297 | €116,528 | -€7,769 | -6.2% |
| Distributable reserves | 133 | €182,971 | €196,846 | +€13,875 | +7.6% |
| Profit (loss) carried forward | 14 | €53 | €96 | +€42 | +79.6% |
| Provisions and deferred taxes | 16 | €31,074 | €29,132 | -€1,942 | -6.2% |
| Deferred taxes | 168 | €31,074 | €29,132 | -€1,942 | -6.2% |
| Amounts payable | 17/49 | €207,245 | €206,669 | -€576 | -0.3% |
| Amounts payable after more than one year | 17 | €154,146 | €154,734 | +€587 | +0.4% |
| Financial debts | 170/4 | €154,146 | €154,734 | +€587 | +0.4% |
| Amounts payable within one year | 42/48 | €51,490 | €51,732 | +€242 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €28,050 | €30,652 | +€2,602 | +9.3% |
| Financial debts | 43 | - | €3,420 | +€3,420 | |
| Credit institutions | 430/8 | - | €3,420 | +€3,420 | |
| Trade debts | 44 | €7,742 | €10,544 | +€2,802 | +36.2% |
| Suppliers | 440/4 | €7,742 | €10,544 | +€2,802 | +36.2% |
| Advances received on contracts in progress | 46 | - | €1,706 | +€1,706 | |
| Taxes, remuneration and social security | 45 | €5,540 | €5,410 | -€130 | -2.3% |
| Taxes | 450/3 | €5,540 | €5,410 | -€130 | -2.3% |
| Other amounts payable | 47/48 | €10,157 | €0 | -€10,157 | -100% |
| Accrued charges and deferred income | 492/3 | €1,609 | €203 | -€1,406 | -87.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,515 | €21,888 | -€5,628 | -20.5% |
| Other operating charges | 640/8 | €1,105 | €964 | -€140 | -12.7% |
| Gross operating margin | 9900 | €65,824 | €29,428 | -€36,396 | -55.3% |
| Operating profit (loss) | 9901 | €37,203 | €6,576 | -€30,627 | -82.3% |
| Financial income | 75/76B | €8,778 | €8,874 | +€96 | +1.1% |
| Recurring financial income | 75 | €8,778 | €8,874 | +€96 | +1.1% |
| Financial charges | 65/66B | €4,739 | €5,348 | +€609 | +12.9% |
| Recurring financial charges | 65 | €4,739 | €5,348 | +€609 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | €41,242 | €10,103 | -€31,140 | -75.5% |
| Transfer from deferred taxes | 780 | €1,942 | €1,942 | = | 0.0% |
| Income taxes | 67/77 | €14,500 | €5,896 | -€8,604 | -59.3% |
| Profit (loss) for the period | 9904 | €28,685 | €6,149 | -€22,536 | -78.6% |
| Transfer from tax-exempt reserves | 789 | €7,769 | €7,769 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,453 | €13,917 | -€22,536 | -61.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.