PLP COATINGS: what changed
What changed
PLP COATINGS
NACE 46.130, Agents in the wholesale of timber and building materials
filed annual accounts (NBB)
Net result for the year
€53,854
2024 · €18,043+€35,811
Equity
€128,414
2024 · €74,560+€53,854
Cash
€151,778
2024 · €36,895+€114,883
Balance sheet total
€1.4m
2024 · €1.4m+€11,687
Largest movements
Assets
- Cash +€114,883
up €114,883 (+311%), from €36,895 to €151,778
mainly Receivables within one year (+€82,531) and Net result for the year (+€53,854)
- Receivables within one year -€82,531
down €82,531 (-7.0%), from €1.2m to €1.1m
of which Trade receivables: -€64,064
- Tangible fixed assets -€21,473
down €21,473 (-34.1%), from €62,913 to €41,440
Equity and liabilities
- Advances received -€96,646
down €96,646 (-61.5%), from €157,172 to €60,526
- Reserves +€53,854
up €53,854 (+98.7%), from €54,560 to €108,414
of which Distributable reserves: +€53,854
- Trade debts +€46,642
up €46,642 (+4.6%), from €1.0m to €1.1m
Income statement
- Gross operating margin +€59,223
up €59,223 (+6.2%), from €960,124 to €1.0m
- Staff costs +€17,085
up €17,085 (+2.0%), from €867,486 to €884,571
Change in the result, 2024 to 2025
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 2024
€18,043
Gross operating margin
+€59,223
Staff costs
-€17,085
Depreciation
+€7,790
Write-downs
-€53
Other operating charges
-€3,709
Financial income
+€2,556
Financial charges
-€2,910
Taxes
-€10,000
Result 2025
€53,854
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€114,883
Investment
€0
Financing
€0
Cash 2024
€36,895
From operations (derived)
+€114,883
Net result for the year
+€53,854
Depreciation
+€21,473
Receivables within one year
+€82,531
Deferred charges and accrued income
-€809
Trade debts
+€46,642
Tax, wage and social debts
+€7,837
Advances received
-€96,646
Cash 2025
€151,778
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,421,721 | €1,433,409 | +€11,687 | +0.8% |
| Fixed assets | 21/28 | €200,173 | €178,700 | -€21,473 | -10.7% |
| Tangible fixed assets | 22/27 | €62,913 | €41,440 | -€21,473 | -34.1% |
| Furniture and vehicles | 24 | €62,913 | €41,440 | -€21,473 | -34.1% |
| Financial fixed assets | 28 | €137,261 | €137,261 | = | 0.0% |
| Current assets | 29/58 | €1,221,548 | €1,254,708 | +€33,161 | +2.7% |
| Amounts receivable within one year | 40/41 | €1,182,170 | €1,099,639 | -€82,531 | -7.0% |
| Trade receivables | 40 | €1,135,441 | €1,071,377 | -€64,064 | -5.6% |
| Other amounts receivable | 41 | €46,729 | €28,262 | -€18,467 | -39.5% |
| Cash at bank and in hand | 54/58 | €36,895 | €151,778 | +€114,883 | +311% |
| Deferred charges and accrued income | 490/1 | €2,483 | €3,291 | +€809 | +32.6% |
| Total equity and liabilities | 10/49 | €1,421,721 | €1,433,409 | +€11,687 | +0.8% |
| Equity | 10/15 | €74,560 | €128,414 | +€53,854 | +72.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €54,560 | €108,414 | +€53,854 | +98.7% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €52,560 | €106,414 | +€53,854 | +102% |
| Amounts payable | 17/49 | €1,347,161 | €1,304,995 | -€42,166 | -3.1% |
| Amounts payable within one year | 42/48 | €1,347,161 | €1,304,995 | -€42,166 | -3.1% |
| Trade debts | 44 | €1,013,609 | €1,060,251 | +€46,642 | +4.6% |
| Suppliers | 440/4 | €1,013,609 | €1,060,251 | +€46,642 | +4.6% |
| Advances received on contracts in progress | 46 | €157,172 | €60,526 | -€96,646 | -61.5% |
| Taxes, remuneration and social security | 45 | €176,381 | €184,218 | +€7,837 | +4.4% |
| Taxes | 450/3 | €48,781 | €78,211 | +€29,430 | +60.3% |
| Remuneration and social security | 454/9 | €127,600 | €106,007 | -€21,592 | -16.9% |
| Remuneration, social security and pensions | 62 | €867,486 | €884,571 | +€17,085 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,263 | €21,473 | -€7,790 | -26.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,983 | €3,037 | +€53 | +1.8% |
| Other operating charges | 640/8 | €5,320 | €9,029 | +€3,709 | +69.7% |
| Gross operating margin | 9900 | €960,124 | €1,019,346 | +€59,223 | +6.2% |
| Operating profit (loss) | 9901 | €55,071 | €101,236 | +€46,165 | +83.8% |
| Financial income | 75/76B | €1 | €2,558 | +€2,556 | +180,006% |
| Recurring financial income | 75 | €1 | €2,558 | +€2,556 | +180,006% |
| Financial charges | 65/66B | €14,794 | €17,705 | +€2,910 | +19.7% |
| Recurring financial charges | 65 | €14,794 | €17,705 | +€2,910 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €40,278 | €86,089 | +€45,811 | +114% |
| Income taxes | 67/77 | €22,236 | €32,236 | +€10,000 | +45.0% |
| Profit (loss) for the period | 9904 | €18,043 | €53,854 | +€35,811 | +198% |
| Profit (loss) for the period to be appropriated | 9905 | €18,043 | €53,854 | +€35,811 | +198% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.