Pluma: 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.
Pluma
Largest movements
- Stocks and contracts -€370,123
down €370,123 (-100.0%), from €370,123 to €0
- Current investments +€208,355
up €208,355 (+172.0%), from €121,103 to €329,458
- Deferred charges and accrued income +€207,999
up €207,999 (+3630.0%), from €5,730 to €213,729
- Tangible fixed assets +€55,888
up €55,888 (+4.5%), from €1.2m to €1.3m
of which Plant, machinery and equipment: +€132,640
- Receivables within one year +€53,175
up €53,175 (+223.0%), from €23,850 to €77,025
of which Other amounts receivable: +€53,086
- Reserves +€251,986
up €251,986 (+27.5%), from €917,311 to €1.2m
of which Distributable reserves: +€251,986
- Profit (loss) carried forward -€34,831
down €34,831 (-100.0%), from €34,831 to €0
- Debts after one year -€30,326
down €30,326 (-3.1%), from €977,983 to €947,657
- Tax, wage and social debts +€25,998
up €25,998 (+216.9%), from €11,985 to €37,983
- Depreciation +€33,818
up €33,818 (+23.3%), from €145,149 to €178,967
- Gross operating margin +€23,729
up €23,729 (+3.7%), from €649,132 to €672,860
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 | €2,379,693 | €2,587,198 | +€207,504 | +8.7% |
| Fixed assets | 21/28 | €1,385,291 | €1,441,178 | +€55,888 | +4.0% |
| Intangible fixed assets | 21 | €136,500 | €136,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,248,791 | €1,304,678 | +€55,888 | +4.5% |
| Land and buildings | 22 | €1,240,160 | €1,100,683 | -€139,477 | -11.2% |
| Plant, machinery and equipment | 23 | €5,754 | €138,394 | +€132,640 | +2305.2% |
| Furniture and vehicles | 24 | €2,877 | €65,602 | +€62,725 | +2180.2% |
| Current assets | 29/58 | €994,403 | €1,146,019 | +€151,617 | +15.2% |
| Stocks and contracts in progress | 3 | €370,123 | €0 | -€370,123 | -100.0% |
| Stocks | 30/36 | €370,123 | €0 | -€370,123 | -100.0% |
| Amounts receivable within one year | 40/41 | €23,850 | €77,025 | +€53,175 | +223.0% |
| Trade receivables | 40 | €2,288 | €2,378 | +€89 | +3.9% |
| Other amounts receivable | 41 | €21,562 | €74,648 | +€53,086 | +246.2% |
| Current investments | 50/53 | €121,103 | €329,458 | +€208,355 | +172.0% |
| Cash at bank and in hand | 54/58 | €473,596 | €525,806 | +€52,210 | +11.0% |
| Deferred charges and accrued income | 490/1 | €5,730 | €213,729 | +€207,999 | +3630.0% |
| Total equity and liabilities | 10/49 | €2,379,693 | €2,587,198 | +€207,504 | +8.7% |
| Equity | 10/15 | €1,150,241 | €1,367,396 | +€217,155 | +18.9% |
| Contributions | 10/11 | €61,600 | €61,600 | = | 0.0% |
| Revaluation surpluses | 12 | €136,499 | €136,499 | = | 0.0% |
| Reserves | 13 | €917,311 | €1,169,297 | +€251,986 | +27.5% |
| Non-distributable reserves | 130/1 | €6,160 | €6,160 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,160 | €6,160 | = | 0.0% |
| Distributable reserves | 133 | €911,151 | €1,163,137 | +€251,986 | +27.7% |
| Profit (loss) carried forward | 14 | €34,831 | €0 | -€34,831 | -100.0% |
| Amounts payable | 17/49 | €1,229,452 | €1,219,802 | -€9,651 | -0.8% |
| Amounts payable after more than one year | 17 | €977,983 | €947,657 | -€30,326 | -3.1% |
| Financial debts | 170/4 | €977,983 | €947,657 | -€30,326 | -3.1% |
| Amounts payable within one year | 42/48 | €251,458 | €271,768 | +€20,310 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €133,162 | €151,826 | +€18,663 | +14.0% |
| Trade debts | 44 | €92,285 | €76,172 | -€16,113 | -17.5% |
| Suppliers | 440/4 | €92,285 | €76,172 | -€16,113 | -17.5% |
| Taxes, remuneration and social security | 45 | €11,985 | €37,983 | +€25,998 | +216.9% |
| Taxes | 450/3 | €11,985 | €37,983 | +€25,998 | +216.9% |
| Other amounts payable | 47/48 | €14,026 | €5,787 | -€8,239 | -58.7% |
| Accrued charges and deferred income | 492/3 | €12 | €377 | +€365 | +3042.7% |
| Non-recurring operating income | 76A | - | €8,271 | +€8,271 | |
| Remuneration, social security and pensions | 62 | €2,270 | €2,274 | +€4 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €145,149 | €178,967 | +€33,818 | +23.3% |
| Other operating charges | 640/8 | €13,007 | €13,425 | +€418 | +3.2% |
| Gross operating margin | 9900 | €649,132 | €672,860 | +€23,729 | +3.7% |
| Operating profit (loss) | 9901 | €488,705 | €478,194 | -€10,511 | -2.2% |
| Financial income | 75/76B | €1,857 | €4,238 | +€2,381 | +128.3% |
| Recurring financial income | 75 | €1,857 | €4,238 | +€2,381 | +128.3% |
| Financial charges | 65/66B | €21,951 | €20,101 | -€1,850 | -8.4% |
| Recurring financial charges | 65 | €21,951 | €20,101 | -€1,850 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €468,611 | €462,331 | -€6,280 | -1.3% |
| Income taxes | 67/77 | €145,535 | €139,312 | -€6,222 | -4.3% |
| Profit (loss) for the period | 9904 | €323,077 | €323,019 | -€58 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €323,077 | €323,019 | -€58 | 0.0% |
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 8 October 2026 via checked.be.