PLUMKA: 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.
PLUMKA
Largest movements
- Cash -€140,216
down €140,216 (-85.7%), from €163,547 to €23,331
mainly Net result for the year (-€287,019) and Tax, wage and social debts (-€42,972)
- Stocks and contracts -€92,983
down €92,983 (-48.1%), from €193,421 to €100,438
- Tangible fixed assets -€32,428
down €32,428 (-68.0%), from €47,657 to €15,229
of which Plant, machinery and equipment: -€31,136
- Receivables within one year -€29,466
down €29,466 (-38.1%), from €77,327 to €47,861
of which Trade receivables: -€35,968
- Deferred charges and accrued income -€28,894
down €28,894 (-86.8%), from €33,305 to €4,411
- Profit (loss) carried forward -€287,019
down €287,019 (-66.3%), from -€433,192 to -€720,211
- Short-term financial debts +€50,000
up €50,000 (+10.0%), from €500,000 to €550,000
- Tax, wage and social debts -€42,972
down €42,972 (-77.8%), from €55,208 to €12,236
of which Remuneration and social security: -€22,170
- Trade debts -€34,356
down €34,356 (-74.5%), from €46,136 to €11,780
- Debts after one year -€7,423
down €7,423 (-70.2%), from €10,573 to €3,151
- Staff costs -€179,218
down €179,218 (-50.0%), from €358,534 to €179,317
- Gross operating margin -€152,240
down €152,240, from €106,962 to -€45,278
- Other operating charges -€18,397
down €18,397 (-39.0%), from €47,169 to €28,772
- Financial charges -€7,019
down €7,019 (-20.1%), from €34,929 to €27,909
- Depreciation -€3,764
down €3,764 (-31.8%), from €11,836 to €8,071
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 | €515,256 | €191,269 | -€323,987 | -62.9% |
| Fixed assets | 21/28 | €47,657 | €15,229 | -€32,428 | -68.0% |
| Tangible fixed assets | 22/27 | €47,657 | €15,229 | -€32,428 | -68.0% |
| Land and buildings | 22 | €8,131 | €8,131 | = | 0.0% |
| Plant, machinery and equipment | 23 | €36,564 | €5,428 | -€31,136 | -85.2% |
| Furniture and vehicles | 24 | €2,362 | €1,669 | -€692 | -29.3% |
| Other tangible fixed assets | 26 | €600 | - | -€600 | |
| Current assets | 29/58 | €467,599 | €176,041 | -€291,558 | -62.4% |
| Stocks and contracts in progress | 3 | €193,421 | €100,438 | -€92,983 | -48.1% |
| Stocks | 30/36 | €193,421 | €100,438 | -€92,983 | -48.1% |
| Amounts receivable within one year | 40/41 | €77,327 | €47,861 | -€29,466 | -38.1% |
| Trade receivables | 40 | €58,822 | €22,853 | -€35,968 | -61.1% |
| Other amounts receivable | 41 | €18,505 | €25,008 | +€6,502 | +35.1% |
| Cash at bank and in hand | 54/58 | €163,547 | €23,331 | -€140,216 | -85.7% |
| Deferred charges and accrued income | 490/1 | €33,305 | €4,411 | -€28,894 | -86.8% |
| Total equity and liabilities | 10/49 | €515,256 | €191,269 | -€323,987 | -62.9% |
| Equity | 10/15 | -€105,972 | -€392,991 | -€287,019 | -271% |
| Contributions | 10/11 | €297,472 | €297,472 | = | 0.0% |
| Capital | 10 | €297,472 | €297,472 | = | 0.0% |
| Issued capital | 100 | €297,472 | €297,472 | = | 0.0% |
| Reserves | 13 | €29,747 | €29,747 | = | 0.0% |
| Non-distributable reserves | 130/1 | €29,747 | €29,747 | = | 0.0% |
| Legal reserve | 130 | €29,747 | €29,747 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€433,192 | -€720,211 | -€287,019 | -66.3% |
| Amounts payable | 17/49 | €621,228 | €584,260 | -€36,968 | -6.0% |
| Amounts payable after more than one year | 17 | €10,573 | €3,151 | -€7,423 | -70.2% |
| Financial debts | 170/4 | €10,573 | €3,151 | -€7,423 | -70.2% |
| Amounts payable within one year | 42/48 | €609,161 | €580,673 | -€28,488 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €7,230 | €6,658 | -€572 | -7.9% |
| Financial debts | 43 | €500,000 | €550,000 | +€50,000 | +10.0% |
| Credit institutions | 430/8 | €500,000 | €550,000 | +€50,000 | +10.0% |
| Trade debts | 44 | €46,136 | €11,780 | -€34,356 | -74.5% |
| Suppliers | 440/4 | €46,136 | €11,780 | -€34,356 | -74.5% |
| Taxes, remuneration and social security | 45 | €55,208 | €12,236 | -€42,972 | -77.8% |
| Taxes | 450/3 | €21,351 | €549 | -€20,802 | -97.4% |
| Remuneration and social security | 454/9 | €33,857 | €11,686 | -€22,170 | -65.5% |
| Other amounts payable | 47/48 | €588 | - | -€588 | |
| Accrued charges and deferred income | 492/3 | €1,494 | €436 | -€1,057 | -70.8% |
| Non-recurring operating income | 76A | - | €93,313 | +€93,313 | |
| Remuneration, social security and pensions | 62 | €358,534 | €179,317 | -€179,218 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,836 | €8,071 | -€3,764 | -31.8% |
| Other operating charges | 640/8 | €47,169 | €28,772 | -€18,397 | -39.0% |
| Gross operating margin | 9900 | €106,962 | -€45,278 | -€152,240 | |
| Operating profit (loss) | 9901 | -€310,577 | -€261,438 | +€49,139 | +15.8% |
| Financial income | 75/76B | €3,996 | €2,609 | -€1,387 | -34.7% |
| Recurring financial income | 75 | €3,996 | €2,609 | -€1,387 | -34.7% |
| Financial charges | 65/66B | €34,929 | €27,909 | -€7,019 | -20.1% |
| Recurring financial charges | 65 | €34,929 | €27,909 | -€7,019 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | -€341,509 | -€286,739 | +€54,771 | +16.0% |
| Income taxes | 67/77 | €269 | €280 | +€11 | +3.9% |
| Profit (loss) for the period | 9904 | -€341,779 | -€287,019 | +€54,760 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€341,779 | -€287,019 | +€54,760 | +16.0% |
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 15 October 2026 via checked.be.