PLUGERS: 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.
What changed
PLUGERS
NACE 47.716, Retail sale of clothing and accessories for women, men, children and babies (general range)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3,200
2024 · €23,633-€20,433
Equity
€510,023
2024 · €506,823+€3,200
Cash
€178,712
2024 · €175,715+€2,997
Balance sheet total
€784,401
2024 · €813,314-€28,914
Largest movements
Assets
- Tangible fixed assets -€41,992
down €41,992 (-9.6%), from €437,495 to €395,503
of which Land and buildings: -€29,251
- Receivables within one year +€11,510
up €11,510 (+128%), from €8,990 to €20,500
of which Other amounts receivable: +€11,629
Equity and liabilities
- Debts after one year -€23,237
down €23,237 (-12.2%), from €190,900 to €167,663
of which Financial debts: -€23,237
- Other debts -€12,613
down €12,613 (-84.7%), from €14,893 to €2,280
Income statement
- Staff costs +€31,411
up €31,411 (+36.9%), from €85,143 to €116,554
- Taxes -€8,693
down €8,693 (-70.0%), from €12,415 to €3,722
- Depreciation -€5,281
down €5,281 (-11.2%), from €47,273 to €41,992
- Gross operating margin -€2,603
down €2,603 (-1.4%), from €181,376 to €178,772
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.
Result 2024
€23,633
Gross operating margin
-€2,603
Staff costs
-€31,411
Depreciation
+€5,281
Other operating charges
+€101
Financial income
-€1,406
Financial charges
+€912
Taxes
+€8,693
Result 2025
€3,200
raises the resultlowers the result
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.
From operations
+€25,511
Investment
€0
Financing
-€22,513
Cash 2024
€175,715
From operations (derived)
+€25,511
Net result for the year
+€3,200
Depreciation
+€41,992
Stocks and contracts
+€622
Receivables within one year
-€11,510
Deferred charges and accrued income
+€807
Provisions
-€1,045
Trade debts
+€4,345
Tax, wage and social debts
-€1,478
Other debts
-€12,613
Accrued charges and deferred income
+€1,191
Financing
-€22,513
Debts after one year
-€23,237
Current portion of long-term debt
+€724
Cash 2025
€178,712
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €813,314 | €784,401 | -€28,914 | -3.6% |
| Fixed assets | 21/28 | €437,495 | €395,503 | -€41,992 | -9.6% |
| Tangible fixed assets | 22/27 | €437,495 | €395,503 | -€41,992 | -9.6% |
| Land and buildings | 22 | €400,194 | €370,943 | -€29,251 | -7.3% |
| Furniture and vehicles | 24 | €483 | €60 | -€423 | -87.5% |
| Leasing and similar rights | 25 | €36,817 | €24,499 | -€12,318 | -33.5% |
| Current assets | 29/58 | €375,820 | €388,898 | +€13,078 | +3.5% |
| Stocks and contracts in progress | 3 | €86,940 | €86,317 | -€622 | -0.7% |
| Stocks | 30/36 | €86,940 | €86,317 | -€622 | -0.7% |
| Amounts receivable within one year | 40/41 | €8,990 | €20,500 | +€11,510 | +128% |
| Trade receivables | 40 | €483 | €364 | -€119 | -24.6% |
| Other amounts receivable | 41 | €8,507 | €20,136 | +€11,629 | +137% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €175,715 | €178,712 | +€2,997 | +1.7% |
| Deferred charges and accrued income | 490/1 | €4,175 | €3,368 | -€807 | -19.3% |
| Total equity and liabilities | 10/49 | €813,314 | €784,401 | -€28,914 | -3.6% |
| Equity | 10/15 | €506,823 | €510,023 | +€3,200 | +0.6% |
| Contributions | 10/11 | €371,840 | €371,840 | = | 0.0% |
| Reserves | 13 | €170,254 | €167,115 | -€3,139 | -1.8% |
| Tax-exempt reserves | 132 | €30,954 | €27,815 | -€3,139 | -10.1% |
| Distributable reserves | 133 | €139,300 | €139,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,271 | -€28,932 | +€6,339 | +18.0% |
| Provisions and deferred taxes | 16 | €10,307 | €9,262 | -€1,045 | -10.1% |
| Deferred taxes | 168 | €10,307 | €9,262 | -€1,045 | -10.1% |
| Amounts payable | 17/49 | €296,184 | €265,115 | -€31,069 | -10.5% |
| Amounts payable after more than one year | 17 | €190,900 | €167,663 | -€23,237 | -12.2% |
| Financial debts | 170/4 | €66,388 | €43,151 | -€23,237 | -35.0% |
| Other amounts payable | 178/9 | €124,512 | €124,512 | = | 0.0% |
| Amounts payable within one year | 42/48 | €105,284 | €96,261 | -€9,023 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €22,513 | €23,237 | +€724 | +3.2% |
| Trade debts | 44 | €16,368 | €20,712 | +€4,345 | +26.5% |
| Suppliers | 440/4 | €16,368 | €20,712 | +€4,345 | +26.5% |
| Taxes, remuneration and social security | 45 | €51,510 | €50,032 | -€1,478 | -2.9% |
| Taxes | 450/3 | €33,141 | €27,225 | -€5,916 | -17.9% |
| Remuneration and social security | 454/9 | €18,369 | €22,807 | +€4,437 | +24.2% |
| Other amounts payable | 47/48 | €14,893 | €2,280 | -€12,613 | -84.7% |
| Accrued charges and deferred income | 492/3 | - | €1,191 | +€1,191 | |
| Remuneration, social security and pensions | 62 | €85,143 | €116,554 | +€31,411 | +36.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,273 | €41,992 | -€5,281 | -11.2% |
| Other operating charges | 640/8 | €9,542 | €9,441 | -€101 | -1.1% |
| Gross operating margin | 9900 | €181,376 | €178,772 | -€2,603 | -1.4% |
| Operating profit (loss) | 9901 | €39,418 | €10,786 | -€28,632 | -72.6% |
| Financial income | 75/76B | €3,821 | €2,415 | -€1,406 | -36.8% |
| Recurring financial income | 75 | €3,821 | €2,415 | -€1,406 | -36.8% |
| Financial charges | 65/66B | €8,235 | €7,324 | -€912 | -11.1% |
| Recurring financial charges | 65 | €8,235 | €7,324 | -€912 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €35,003 | €5,877 | -€29,126 | -83.2% |
| Transfer from deferred taxes | 780 | €1,045 | €1,045 | = | 0.0% |
| Income taxes | 67/77 | €12,415 | €3,722 | -€8,693 | -70.0% |
| Profit (loss) for the period | 9904 | €23,633 | €3,200 | -€20,433 | -86.5% |
| Transfer from tax-exempt reserves | 789 | €3,139 | €3,139 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,772 | €6,339 | -€20,433 | -76.3% |
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 24 October 2026 via checked.be.