PLOC: 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.
PLOC
Largest movements
- Receivables within one year -€134,357
down €134,357 (-40.8%), from €329,499 to €195,142
of which Trade receivables: -€191,786
- Current investments +€96,256
up €96,256 (+21.4%), from €450,000 to €546,256
- Trade debts -€106,803
down €106,803 (-42.5%), from €251,189 to €144,386
of which Suppliers: -€215,703
- Profit (loss) carried forward +€85,857
up €85,857 (+1.5%), from €5.6m to €5.7m
- Other debts -€71,687
down €71,687 (-42.4%), from €169,075 to €97,388
- Gross operating margin +€34,870
up €34,870 (+23.2%), from €150,347 to €185,217
- Taxes +€7,804
up €7,804 (+38.1%), from €20,499 to €28,303
- Financial income -€3,981
down €3,981 (-28.0%), from €14,240 to €10,259
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 | €6,069,903 | €5,957,815 | -€112,089 | -1.8% |
| Fixed assets | 21/28 | €3,974,484 | €3,925,729 | -€48,755 | -1.2% |
| Tangible fixed assets | 22/27 | €253,646 | €204,891 | -€48,755 | -19.2% |
| Land and buildings | 22 | €72,906 | €74,015 | +€1,109 | +1.5% |
| Plant, machinery and equipment | 23 | €174,644 | €125,517 | -€49,126 | -28.1% |
| Furniture and vehicles | 24 | €1,677 | €939 | -€737 | -44.0% |
| Assets under construction and advance payments | 27 | €4,420 | €4,420 | = | 0.0% |
| Financial fixed assets | 28 | €3,720,838 | €3,720,838 | = | 0.0% |
| Current assets | 29/58 | €2,095,420 | €2,032,086 | -€63,334 | -3.0% |
| Amounts receivable within one year | 40/41 | €329,499 | €195,142 | -€134,357 | -40.8% |
| Trade receivables | 40 | €198,149 | €6,363 | -€191,786 | -96.8% |
| Other amounts receivable | 41 | €131,350 | €188,779 | +€57,430 | +43.7% |
| Current investments | 50/53 | €450,000 | €546,256 | +€96,256 | +21.4% |
| Cash at bank and in hand | 54/58 | €1,298,885 | €1,285,988 | -€12,896 | -1.0% |
| Deferred charges and accrued income | 490/1 | €17,036 | €4,699 | -€12,337 | -72.4% |
| Total equity and liabilities | 10/49 | €6,069,903 | €5,957,815 | -€112,089 | -1.8% |
| Equity | 10/15 | €5,626,463 | €5,712,320 | +€85,857 | +1.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3,150 | €3,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,150 | €3,150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,150 | €3,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,603,314 | €5,689,170 | +€85,857 | +1.5% |
| Amounts payable | 17/49 | €443,440 | €245,495 | -€197,945 | -44.6% |
| Amounts payable within one year | 42/48 | €420,264 | €241,774 | -€178,490 | -42.5% |
| Trade debts | 44 | €251,189 | €144,386 | -€106,803 | -42.5% |
| Suppliers | 440/4 | €251,189 | €35,486 | -€215,703 | -85.9% |
| Bills of exchange payable | 441 | - | €108,900 | +€108,900 | |
| Other amounts payable | 47/48 | €169,075 | €97,388 | -€71,687 | -42.4% |
| Accrued charges and deferred income | 492/3 | €23,176 | €3,721 | -€19,456 | -83.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,907 | €75,417 | -€1,490 | -1.9% |
| Other operating charges | 640/8 | €5,467 | €5,640 | +€172 | +3.1% |
| Gross operating margin | 9900 | €150,347 | €185,217 | +€34,870 | +23.2% |
| Operating profit (loss) | 9901 | €67,972 | €104,160 | +€36,188 | +53.2% |
| Financial income | 75/76B | €14,240 | €10,259 | -€3,981 | -28.0% |
| Recurring financial income | 75 | €14,240 | €10,259 | -€3,981 | -28.0% |
| Financial charges | 65/66B | €285 | €259 | -€26 | -9.1% |
| Recurring financial charges | 65 | €285 | €259 | -€26 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €81,927 | €114,159 | +€32,232 | +39.3% |
| Income taxes | 67/77 | €20,499 | €28,303 | +€7,804 | +38.1% |
| Profit (loss) for the period | 9904 | €61,428 | €85,857 | +€24,429 | +39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €61,428 | €85,857 | +€24,429 | +39.8% |
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 15 October 2026 via checked.be.