PLUKKERS: 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.
PLUKKERS
Largest movements
- Stocks and contracts +€94,839
up €94,839 (+31.4%), from €301,577 to €396,416
- Cash -€68,521
down €68,521 (-82.6%), from €82,960 to €14,439
mainly Stocks and contracts (-€94,839) and Investment in fixed assets (net) (-€53,099)
- Tangible fixed assets +€16,680
up €16,680 (+51.5%), from €32,394 to €49,074
of which Furniture and vehicles: +€16,855
- Receivables within one year +€16,015
up €16,015 (+30.9%), from €51,775 to €67,790
of which Trade receivables: +€19,054
- Deferred charges and accrued income +€15,000
new in 2025: €15,000
- Trade debts +€116,958
up €116,958 (+100%), from €116,527 to €233,485
- Current portion of long-term debt +€55,981
up €55,981 (+1,094%), from €5,118 to €61,099
- Short-term financial debts -€49,475
down €49,475 (-55.3%), from €89,475 to €40,000
of which Other loans: -€49,475
- Debts after one year -€29,787
down €29,787 (-28.2%), from €105,726 to €75,940
- Tax, wage and social debts -€16,470
down €16,470 (-28.3%), from €58,298 to €41,828
of which Remuneration and social security: -€17,363
- Staff costs +€42,141
up €42,141 (+29.2%), from €144,410 to €186,550
- Gross operating margin +€28,971
up €28,971 (+13.3%), from €218,563 to €247,534
- Depreciation +€10,631
up €10,631 (+41.2%), from €25,787 to €36,419
- Financial charges +€5,623
up €5,623 (+26.3%), from €21,385 to €27,008
- Taxes -€5,477
down €5,477 (-92.0%), from €5,953 to €476
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 | €478,106 | €552,119 | +€74,013 | +15.5% |
| Fixed assets | 21/28 | €41,794 | €58,474 | +€16,680 | +39.9% |
| Tangible fixed assets | 22/27 | €32,394 | €49,074 | +€16,680 | +51.5% |
| Plant, machinery and equipment | 23 | €8,247 | €8,072 | -€175 | -2.1% |
| Furniture and vehicles | 24 | €24,147 | €41,002 | +€16,855 | +69.8% |
| Financial fixed assets | 28 | €9,400 | €9,400 | = | 0.0% |
| Current assets | 29/58 | €436,311 | €493,644 | +€57,333 | +13.1% |
| Stocks and contracts in progress | 3 | €301,577 | €396,416 | +€94,839 | +31.4% |
| Stocks | 30/36 | €301,577 | €396,416 | +€94,839 | +31.4% |
| Amounts receivable within one year | 40/41 | €51,775 | €67,790 | +€16,015 | +30.9% |
| Trade receivables | 40 | €48,268 | €67,322 | +€19,054 | +39.5% |
| Other amounts receivable | 41 | €3,507 | €468 | -€3,040 | -86.7% |
| Cash at bank and in hand | 54/58 | €82,960 | €14,439 | -€68,521 | -82.6% |
| Deferred charges and accrued income | 490/1 | - | €15,000 | +€15,000 | |
| Total equity and liabilities | 10/49 | €478,106 | €552,119 | +€74,013 | +15.5% |
| Equity | 10/15 | €86,025 | €82,871 | -€3,154 | -3.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,025 | €50,871 | -€3,154 | -5.8% |
| Amounts payable | 17/49 | €392,081 | €469,248 | +€77,167 | +19.7% |
| Amounts payable after more than one year | 17 | €105,726 | €75,940 | -€29,787 | -28.2% |
| Financial debts | 170/4 | €105,726 | €75,940 | -€29,787 | -28.2% |
| Amounts payable within one year | 42/48 | €286,314 | €393,308 | +€106,994 | +37.4% |
| Current portion of amounts payable after more than one year | 42 | €5,118 | €61,099 | +€55,981 | +1,094% |
| Financial debts | 43 | €89,475 | €40,000 | -€49,475 | -55.3% |
| Credit institutions | 430/8 | €40,000 | €40,000 | = | 0.0% |
| Other loans | 439 | €49,475 | €0 | -€49,475 | -100% |
| Trade debts | 44 | €116,527 | €233,485 | +€116,958 | +100% |
| Suppliers | 440/4 | €116,527 | €233,485 | +€116,958 | +100% |
| Taxes, remuneration and social security | 45 | €58,298 | €41,828 | -€16,470 | -28.3% |
| Taxes | 450/3 | €29,568 | €30,461 | +€893 | +3.0% |
| Remuneration and social security | 454/9 | €28,730 | €11,367 | -€17,363 | -60.4% |
| Other amounts payable | 47/48 | €16,897 | €16,897 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €40 | €0 | -€40 | -100% |
| Non-recurring operating income | 76A | €4,130 | €0 | -€4,130 | -100% |
| Remuneration, social security and pensions | 62 | €144,410 | €186,550 | +€42,141 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,787 | €36,419 | +€10,631 | +41.2% |
| Other operating charges | 640/8 | €855 | €1,922 | +€1,067 | +125% |
| Gross operating margin | 9900 | €218,563 | €247,534 | +€28,971 | +13.3% |
| Operating profit (loss) | 9901 | €47,511 | €22,643 | -€24,868 | -52.3% |
| Financial income | 75/76B | - | €1,687 | +€1,687 | |
| Recurring financial income | 75 | - | €1,687 | +€1,687 | |
| Financial charges | 65/66B | €21,385 | €27,008 | +€5,623 | +26.3% |
| Recurring financial charges | 65 | €21,385 | €27,008 | +€5,623 | +26.3% |
| Profit (loss) for the period before taxes | 9903 | €26,125 | -€2,678 | -€28,803 | |
| Income taxes | 67/77 | €5,953 | €476 | -€5,477 | -92.0% |
| Profit (loss) for the period | 9904 | €20,172 | -€3,154 | -€23,326 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,172 | -€3,154 | -€23,326 |
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.