PLUG UP: what changed
Two fiscal 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 UP
Largest movements
- Cash -€2,074
down €2,074 (-42.3%), from €4,907 to €2,833
mainly Net result for the year (-€1,681) and Stocks and contracts (-€1,179)
- Receivables within one year -€1,957
down €1,957 (-59.8%), from €3,273 to €1,316
of which Trade receivables: -€2,473
- Stocks and contracts +€1,179
new in 2025: €1,179
- Profit (loss) carried forward -€1,681
down €1,681 (-34.9%), from €4,812 to €3,131
- Trade debts -€1,021
down €1,021 (-59.5%), from €1,718 to €696
- Tax, wage and social debts -€150
no longer reported in 2025 (was €150)
- Gross operating margin -€4,543
down €4,543, from €3,510 to -€1,034
- Taxes -€158
down €158 (-89.4%), from €177 to €19
- Depreciation -€117
no longer reported in 2025 (was €117)
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.
Cash bridge derived
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 | €8,180 | €5,328 | -€2,852 | -34.9% |
| Current assets | 29/58 | €8,180 | €5,328 | -€2,852 | -34.9% |
| Stocks and contracts in progress | 3 | - | €1,179 | +€1,179 | |
| Stocks | 30/36 | - | €1,179 | +€1,179 | |
| Amounts receivable within one year | 40/41 | €3,273 | €1,316 | -€1,957 | -59.8% |
| Trade receivables | 40 | €2,559 | €87 | -€2,473 | -96.6% |
| Other amounts receivable | 41 | €714 | €1,229 | +€516 | +72.2% |
| Cash at bank and in hand | 54/58 | €4,907 | €2,833 | -€2,074 | -42.3% |
| Total equity and liabilities | 10/49 | €8,180 | €5,328 | -€2,852 | -34.9% |
| Equity | 10/15 | €6,312 | €4,631 | -€1,681 | -26.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,812 | €3,131 | -€1,681 | -34.9% |
| Amounts payable | 17/49 | €1,868 | €696 | -€1,171 | -62.7% |
| Amounts payable within one year | 42/48 | €1,868 | €696 | -€1,171 | -62.7% |
| Trade debts | 44 | €1,718 | €696 | -€1,021 | -59.5% |
| Suppliers | 440/4 | €1,718 | €696 | -€1,021 | -59.5% |
| Taxes, remuneration and social security | 45 | €150 | - | -€150 | |
| Taxes | 450/3 | €150 | - | -€150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117 | - | -€117 | |
| Other operating charges | 640/8 | €467 | €480 | +€12 | +2.7% |
| Gross operating margin | 9900 | €3,510 | -€1,034 | -€4,543 | |
| Operating profit (loss) | 9901 | €2,926 | -€1,513 | -€4,439 | |
| Financial charges | 65/66B | €153 | €149 | -€4 | -2.7% |
| Recurring financial charges | 65 | €153 | €149 | -€4 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €2,772 | -€1,662 | -€4,435 | |
| Income taxes | 67/77 | €177 | €19 | -€158 | -89.4% |
| Profit (loss) for the period | 9904 | €2,595 | -€1,681 | -€4,276 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,595 | -€1,681 | -€4,276 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.