Plugnet: 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.
Plugnet
Largest movements
- Receivables within one year +€78,703
up €78,703 (+172.7%), from €45,576 to €124,279
of which Trade receivables: +€69,183
- Cash +€32,578
up €32,578 (+56.1%), from €58,080 to €90,658
mainly Net result for the year (+€74,454) and Tax, wage and social debts (+€23,707)
- Tangible fixed assets -€3,019
down €3,019 (-29.1%), from €10,363 to €7,343
of which Furniture and vehicles: -€3,133
- Reserves +€74,454
up €74,454 (+105.9%), from €70,312 to €144,766
of which Distributable reserves: +€74,454
- Tax, wage and social debts +€23,707
up €23,707 (+91.4%), from €25,951 to €49,657
of which Taxes: +€25,025
- Trade debts +€10,101
up €10,101 (+79.2%), from €12,756 to €22,857
- Gross operating margin +€86,728
up €86,728 (+209.5%), from €41,406 to €128,134
- Taxes +€29,664
up €29,664 (+296.7%), from €9,997 to €39,660
- Staff costs +€4,935
up €4,935 (+179.1%), from €2,756 to €7,691
- Depreciation +€2,686
up €2,686 (+185.3%), from €1,449 to €4,135
- Financial income -€2,327
down €2,327 (-86.3%), from €2,696 to €370
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 | €114,018 | €222,280 | +€108,262 | +95.0% |
| Fixed assets | 21/28 | €10,363 | €7,343 | -€3,019 | -29.1% |
| Tangible fixed assets | 22/27 | €10,363 | €7,343 | -€3,019 | -29.1% |
| Plant, machinery and equipment | 23 | €2,007 | €2,121 | +€114 | +5.7% |
| Furniture and vehicles | 24 | €8,356 | €5,222 | -€3,133 | -37.5% |
| Current assets | 29/58 | €103,655 | €214,937 | +€111,281 | +107.4% |
| Amounts receivable within one year | 40/41 | €45,576 | €124,279 | +€78,703 | +172.7% |
| Trade receivables | 40 | €38,860 | €108,043 | +€69,183 | +178.0% |
| Other amounts receivable | 41 | €6,716 | €16,236 | +€9,520 | +141.8% |
| Cash at bank and in hand | 54/58 | €58,080 | €90,658 | +€32,578 | +56.1% |
| Total equity and liabilities | 10/49 | €114,018 | €222,280 | +€108,262 | +95.0% |
| Equity | 10/15 | €75,312 | €149,766 | +€74,454 | +98.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €70,312 | €144,766 | +€74,454 | +105.9% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €69,812 | €144,266 | +€74,454 | +106.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €38,707 | €72,514 | +€33,808 | +87.3% |
| Amounts payable within one year | 42/48 | €38,707 | €72,514 | +€33,808 | +87.3% |
| Trade debts | 44 | €12,756 | €22,857 | +€10,101 | +79.2% |
| Suppliers | 440/4 | €12,756 | €22,857 | +€10,101 | +79.2% |
| Taxes, remuneration and social security | 45 | €25,951 | €49,657 | +€23,707 | +91.4% |
| Taxes | 450/3 | €24,633 | €49,657 | +€25,025 | +101.6% |
| Remuneration and social security | 454/9 | €1,318 | €0 | -€1,318 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €2,756 | €7,691 | +€4,935 | +179.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,449 | €4,135 | +€2,686 | +185.3% |
| Other operating charges | 640/8 | €555 | €902 | +€347 | +62.4% |
| Gross operating margin | 9900 | €41,406 | €128,134 | +€86,728 | +209.5% |
| Operating profit (loss) | 9901 | €36,645 | €115,407 | +€78,761 | +214.9% |
| Financial income | 75/76B | €2,696 | €370 | -€2,327 | -86.3% |
| Recurring financial income | 75 | €2,696 | €370 | -€2,327 | -86.3% |
| Financial charges | 65/66B | €1,883 | €1,662 | -€222 | -11.8% |
| Recurring financial charges | 65 | €1,883 | €1,662 | -€222 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €37,458 | €114,114 | +€76,656 | +204.6% |
| Income taxes | 67/77 | €9,997 | €39,660 | +€29,664 | +296.7% |
| Profit (loss) for the period | 9904 | €27,462 | €74,454 | +€46,992 | +171.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,462 | €74,454 | +€46,992 | +171.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.