Plugg Belgium: 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.
Plugg Belgium
Largest movements
- Receivables within one year +€3,240
up €3,240 (+36.8%), from €8,809 to €12,049
of which Trade receivables: +€3,059
- Cash -€3,027
down €3,027 (-9.4%), from €32,089 to €29,062
mainly Investment in fixed assets (net) (-€4,978) and Tax, wage and social debts (-€4,203)
- Tangible fixed assets +€2,942
up €2,942 (+50.5%), from €5,831 to €8,773
- Profit (loss) carried forward +€7,701
up €7,701 (+22.2%), from €34,639 to €42,340
- Tax, wage and social debts -€4,203
down €4,203 (-62.5%), from €6,729 to €2,526
- Gross operating margin -€1,378
down €1,378 (-10.0%), from €13,732 to €12,354
- Taxes -€588
down €588 (-19.2%), from €3,057 to €2,469
- Depreciation +€530
up €530 (+35.2%), from €1,506 to €2,036
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 | €56,802 | €60,313 | +€3,511 | +6.2% |
| Fixed assets | 21/28 | €5,831 | €8,773 | +€2,942 | +50.5% |
| Tangible fixed assets | 22/27 | €5,831 | €8,773 | +€2,942 | +50.5% |
| Plant, machinery and equipment | 23 | €5,831 | €8,773 | +€2,942 | +50.5% |
| Current assets | 29/58 | €50,971 | €51,540 | +€569 | +1.1% |
| Amounts receivable after more than one year | 29 | €8,620 | €8,620 | = | 0.0% |
| Other amounts receivable | 291 | €8,620 | €8,620 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,809 | €12,049 | +€3,240 | +36.8% |
| Trade receivables | 40 | €5,061 | €8,120 | +€3,059 | +60.5% |
| Other amounts receivable | 41 | €3,748 | €3,929 | +€181 | +4.8% |
| Cash at bank and in hand | 54/58 | €32,089 | €29,062 | -€3,027 | -9.4% |
| Deferred charges and accrued income | 490/1 | €1,453 | €1,809 | +€356 | +24.5% |
| Total equity and liabilities | 10/49 | €56,802 | €60,313 | +€3,511 | +6.2% |
| Equity | 10/15 | €48,999 | €56,700 | +€7,701 | +15.7% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €34,639 | €42,340 | +€7,701 | +22.2% |
| Amounts payable | 17/49 | €7,803 | €3,613 | -€4,190 | -53.7% |
| Amounts payable within one year | 42/48 | €7,803 | €3,613 | -€4,190 | -53.7% |
| Trade debts | 44 | €1,075 | €1,087 | +€12 | +1.2% |
| Suppliers | 440/4 | €1,075 | €1,087 | +€12 | +1.2% |
| Taxes, remuneration and social security | 45 | €6,729 | €2,526 | -€4,203 | -62.5% |
| Taxes | 450/3 | €6,729 | €2,526 | -€4,203 | -62.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,506 | €2,036 | +€530 | +35.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €13,732 | €12,354 | -€1,378 | -10.0% |
| Operating profit (loss) | 9901 | €11,839 | €9,918 | -€1,921 | -16.2% |
| Financial income | 75/76B | €272 | €387 | +€115 | +42.3% |
| Recurring financial income | 75 | €272 | €387 | +€115 | +42.3% |
| Financial charges | 65/66B | €138 | €134 | -€4 | -3.0% |
| Recurring financial charges | 65 | €138 | €134 | -€4 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €11,972 | €10,170 | -€1,802 | -15.1% |
| Income taxes | 67/77 | €3,057 | €2,469 | -€588 | -19.2% |
| Profit (loss) for the period | 9904 | €8,915 | €7,701 | -€1,214 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,915 | €7,701 | -€1,214 | -13.6% |
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 14 October 2026 via checked.be.