PLUG AND PLAY MANAGEMENT: 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.
PLUG AND PLAY MANAGEMENT
Largest movements
- Receivables within one year +€15,633
up €15,633 (+293%), from €5,336 to €20,969
of which Trade receivables: +€15,881
- Cash +€14,612
up €14,612 (+46.5%), from €31,426 to €46,038
mainly Other debts (+€49,383) and Net result for the year (+€27,617)
- Tangible fixed assets -€12,327
down €12,327 (-25.7%), from €48,005 to €35,677
- Other debts +€49,383
up €49,383 (+211%), from €23,359 to €72,742
- Profit (loss) carried forward -€37,625
down €37,625 (-100%), from €37,625 to €0
- Tax, wage and social debts +€7,741
up €7,741 (+258%), from €3,000 to €10,741
- Accrued charges and deferred income -€2,105
down €2,105 (-72.1%), from €2,919 to €814
- Gross operating margin +€43,532
up €43,532 (+3,455%), from €1,260 to €44,792
- Taxes +€3,736
up €3,736 (+1,754%), from €213 to €3,949
- Financial charges -€2,018
down €2,018 (-90.8%), from €2,223 to €205
- Other operating charges +€553
up €553 (+394%), from €141 to €694
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 | €86,731 | €104,438 | +€17,707 | +20.4% |
| Fixed assets | 21/28 | €48,005 | €35,677 | -€12,327 | -25.7% |
| Tangible fixed assets | 22/27 | €48,005 | €35,677 | -€12,327 | -25.7% |
| Furniture and vehicles | 24 | €48,005 | €35,677 | -€12,327 | -25.7% |
| Current assets | 29/58 | €38,726 | €68,761 | +€30,034 | +77.6% |
| Amounts receivable within one year | 40/41 | €5,336 | €20,969 | +€15,633 | +293% |
| Trade receivables | 40 | €0 | €15,881 | +€15,881 | |
| Other amounts receivable | 41 | €5,336 | €5,088 | -€248 | -4.6% |
| Cash at bank and in hand | 54/58 | €31,426 | €46,038 | +€14,612 | +46.5% |
| Deferred charges and accrued income | 490/1 | €1,965 | €1,754 | -€211 | -10.8% |
| Total equity and liabilities | 10/49 | €86,731 | €104,438 | +€17,707 | +20.4% |
| Equity | 10/15 | €57,015 | €19,390 | -€37,625 | -66.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €16,890 | €16,890 | = | 0.0% |
| Distributable reserves | 133 | €16,890 | €16,890 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,625 | €0 | -€37,625 | -100% |
| Amounts payable | 17/49 | €29,716 | €85,048 | +€55,332 | +186% |
| Amounts payable within one year | 42/48 | €26,797 | €84,234 | +€57,437 | +214% |
| Financial debts | 43 | €14 | €15 | +€1 | +5.0% |
| Credit institutions | 430/8 | €14 | €15 | +€1 | +5.0% |
| Trade debts | 44 | €424 | €737 | +€313 | +73.9% |
| Suppliers | 440/4 | €424 | €737 | +€313 | +73.9% |
| Taxes, remuneration and social security | 45 | €3,000 | €10,741 | +€7,741 | +258% |
| Taxes | 450/3 | €3,000 | €10,741 | +€7,741 | +258% |
| Other amounts payable | 47/48 | €23,359 | €72,742 | +€49,383 | +211% |
| Accrued charges and deferred income | 492/3 | €2,919 | €814 | -€2,105 | -72.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,327 | €12,327 | = | 0.0% |
| Other operating charges | 640/8 | €141 | €694 | +€553 | +394% |
| Gross operating margin | 9900 | €1,260 | €44,792 | +€43,532 | +3,455% |
| Operating profit (loss) | 9901 | -€11,208 | €31,771 | +€42,979 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,223 | €205 | -€2,018 | -90.8% |
| Recurring financial charges | 65 | €2,223 | €205 | -€2,018 | -90.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,431 | €31,566 | +€44,997 | |
| Income taxes | 67/77 | €213 | €3,949 | +€3,736 | +1,754% |
| Profit (loss) for the period | 9904 | -€13,644 | €27,617 | +€41,261 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,644 | €27,617 | +€41,261 |
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.