PLUO: 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.
What changed
PLUO
NACE 31.004, Manufacture of dining room, living room, bedroom and bathroom furniture
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€475,291
2024 · -€535,230+€1.0m
Equity
€1.7m
2024 · €1.2m+€475,291
Cash
€667,261
2024 · €414,187+€253,074
Balance sheet total
€6.5m
2024 · €5.9m+€556,730
Largest movements
Assets
- Tangible fixed assets +€270,797
up €270,797 (+31.4%), from €861,225 to €1.1m
of which Assets under construction and advance payments: +€222,570
- Cash +€253,074
up €253,074 (+61.1%), from €414,187 to €667,261
mainly Net result for the year (+€475,291) and Depreciation (+€356,591)
- Deferred charges and accrued income +€73,377
up €73,377 (+60.7%), from €120,828 to €194,204
- Stocks and contracts +€67,913
up €67,913 (+6.3%), from €1.1m to €1.2m
Equity and liabilities
- Profit (loss) carried forward +€450,291
up €450,291, from -€324,723 to €125,568
- Debts after one year -€190,905
down €190,905 (-26.0%), from €734,327 to €543,422
- Advances received +€162,888
up €162,888 (+30.3%), from €537,943 to €700,831
- Tax, wage and social debts +€80,201
up €80,201 (+32.9%), from €243,593 to €323,794
of which Remuneration and social security: +€74,697
Income statement
- Turnover +€3.8m
up €3.8m (+30.4%), from €12.5m to €16.3m
- Goods and materials +€2.2m
up €2.2m (+30.2%), from €7.3m to €9.5m
of which Purchases: +€2.4m
- Services and other goods +€356,838
up €356,838 (+10.8%), from €3.3m to €3.7m
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.
Result 2024
-€535,230
Turnover
+€3.8m
Other operating income
-€76,314
Goods and materials
-€2.2m
Services and other goods
-€356,838
Staff costs
-€153,576
Depreciation
+€30,118
Write-downs
+€3,895
Other operating charges
+€18,804
Other operating items
+€27,126
Financial income
+€9,999
Financial charges
-€57,080
Taxes
-€38,243
Result 2025
€475,291
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€956,546
Investment
-€551,754
Financing
-€151,717
Cash 2024
€414,187
From operations (derived)
+€956,546
Net result for the year
+€475,291
Depreciation
+€356,591
Stocks and contracts
-€67,913
Receivables within one year
+€32,797
Deferred charges and accrued income
-€73,377
Trade debts
-€20,820
Tax, wage and social debts
+€80,201
Advances received
+€162,888
Accrued charges and deferred income
+€10,887
Investment (derived)
-€551,754
Investment in fixed assets (net)
-€551,754
Financing
-€151,717
Debts after one year
-€190,905
Current portion of long-term debt
+€7,459
Short-term financial debts
+€31,729
Cash 2025
€667,261
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,915,937 | €6,472,667 | +€556,730 | +9.4% |
| Fixed assets | 21/28 | €1,712,783 | €1,907,947 | +€195,164 | +11.4% |
| Intangible fixed assets | 21 | €224,359 | €198,725 | -€25,634 | -11.4% |
| Tangible fixed assets | 22/27 | €861,225 | €1,132,022 | +€270,797 | +31.4% |
| Land and buildings | 22 | €180,313 | €165,345 | -€14,969 | -8.3% |
| Plant, machinery and equipment | 23 | €362,368 | €442,716 | +€80,348 | +22.2% |
| Furniture and vehicles | 24 | €284,532 | €267,380 | -€17,152 | -6.0% |
| Assets under construction and advance payments | 27 | €34,012 | €256,582 | +€222,570 | +654% |
| Financial fixed assets | 28 | €627,199 | €577,199 | -€50,000 | -8.0% |
| Affiliated companies | 280/1 | €531,607 | €531,607 | = | 0.0% |
| Participating interests | 280 | €531,607 | €531,607 | = | 0.0% |
| Other financial fixed assets | 284/8 | €95,592 | €45,592 | -€50,000 | -52.3% |
| Shares | 284 | €50,000 | - | -€50,000 | |
| Amounts receivable and cash guarantees | 285/8 | €45,592 | €45,592 | = | 0.0% |
| Current assets | 29/58 | €4,203,154 | €4,564,721 | +€361,567 | +8.6% |
| Stocks and contracts in progress | 3 | €1,084,967 | €1,152,880 | +€67,913 | +6.3% |
| Stocks | 30/36 | €1,084,967 | €1,152,880 | +€67,913 | +6.3% |
| Raw materials and consumables | 30/31 | €878,869 | €1,010,770 | +€131,901 | +15.0% |
| Work in progress | 32 | €206,098 | €142,110 | -€63,988 | -31.0% |
| Amounts receivable within one year | 40/41 | €2,583,172 | €2,550,375 | -€32,797 | -1.3% |
| Trade receivables | 40 | €2,505,573 | €2,531,459 | +€25,886 | +1.0% |
| Other amounts receivable | 41 | €77,599 | €18,916 | -€58,683 | -75.6% |
| Cash at bank and in hand | 54/58 | €414,187 | €667,261 | +€253,074 | +61.1% |
| Deferred charges and accrued income | 490/1 | €120,828 | €194,204 | +€73,377 | +60.7% |
| Total equity and liabilities | 10/49 | €5,915,937 | €6,472,667 | +€556,730 | +9.4% |
| Equity | 10/15 | €1,192,277 | €1,667,568 | +€475,291 | +39.9% |
| Contributions | 10/11 | €1,450,000 | €1,450,000 | = | 0.0% |
| Capital | 10 | €1,450,000 | €1,450,000 | = | 0.0% |
| Issued capital | 100 | €1,450,000 | €1,450,000 | = | 0.0% |
| Reserves | 13 | €67,000 | €92,000 | +€25,000 | +37.3% |
| Non-distributable reserves | 130/1 | €67,000 | €92,000 | +€25,000 | +37.3% |
| Legal reserve | 130 | €67,000 | €92,000 | +€25,000 | +37.3% |
| Profit (loss) carried forward | 14 | -€324,723 | €125,568 | +€450,291 | |
| Amounts payable | 17/49 | €4,723,660 | €4,805,099 | +€81,439 | +1.7% |
| Amounts payable after more than one year | 17 | €734,327 | €543,422 | -€190,905 | -26.0% |
| Financial debts | 170/4 | €734,327 | €543,422 | -€190,905 | -26.0% |
| Subordinated loans | 170 | €150,000 | €150,000 | = | 0.0% |
| Leasing and similar obligations | 172 | €10,020 | €7,348 | -€2,673 | -26.7% |
| Credit institutions | 173 | €406,955 | €253,722 | -€153,233 | -37.7% |
| Other loans | 174 | €167,352 | €132,352 | -€35,000 | -20.9% |
| Amounts payable within one year | 42/48 | €3,984,483 | €4,245,940 | +€261,457 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €203,733 | €211,192 | +€7,459 | +3.7% |
| Financial debts | 43 | €170,649 | €202,378 | +€31,729 | +18.6% |
| Credit institutions | 430/8 | €170,649 | €202,378 | +€31,729 | +18.6% |
| Trade debts | 44 | €2,593,564 | €2,572,744 | -€20,820 | -0.8% |
| Suppliers | 440/4 | €2,593,564 | €2,572,744 | -€20,820 | -0.8% |
| Advances received on contracts in progress | 46 | €537,943 | €700,831 | +€162,888 | +30.3% |
| Taxes, remuneration and social security | 45 | €243,593 | €323,794 | +€80,201 | +32.9% |
| Taxes | 450/3 | €43,388 | €48,892 | +€5,504 | +12.7% |
| Remuneration and social security | 454/9 | €200,205 | €274,902 | +€74,697 | +37.3% |
| Other amounts payable | 47/48 | €235,000 | €235,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,850 | €15,737 | +€10,887 | +224% |
| Operating income | 70/76A | €12,832,085 | €16,569,820 | +€3.7m | +29.1% |
| Turnover | 70 | €12,489,816 | €16,292,022 | +€3.8m | +30.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €62,348 | -€63,988 | -€126,336 | |
| Own construction capitalised | 72 | - | €126,679 | +€126,679 | |
| Other operating income | 74 | €279,921 | €203,607 | -€76,314 | -27.3% |
| Non-recurring operating income | 76A | - | €11,500 | +€11,500 | |
| Operating charges | 60/66A | €13,320,059 | €15,961,950 | +€2.6m | +19.8% |
| Goods for resale, raw materials and consumables | 60 | €7,289,639 | €9,489,216 | +€2.2m | +30.2% |
| Purchases | 600/8 | €7,254,650 | €9,621,117 | +€2.4m | +32.6% |
| Change in stocks: decrease (increase) | 609 | €34,990 | -€131,901 | -€166,891 | |
| Services and other goods | 61 | €3,298,191 | €3,655,030 | +€356,838 | +10.8% |
| Remuneration, social security and pensions | 62 | €2,237,757 | €2,391,333 | +€153,576 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €386,708 | €356,591 | -€30,118 | -7.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€3,895 | -€3,895 | |
| Other operating charges | 640/8 | €24,052 | €5,248 | -€18,804 | -78.2% |
| Non-recurring operating charges | 66A | €83,711 | €68,428 | -€15,283 | -18.3% |
| Operating profit (loss) | 9901 | -€487,974 | €607,871 | +€1.1m | |
| Financial income | 75/76B | €15,589 | €25,588 | +€9,999 | +64.1% |
| Recurring financial income | 75 | €15,589 | €25,588 | +€9,999 | +64.1% |
| Other financial income | 752/9 | €15,589 | €25,588 | +€9,999 | +64.1% |
| Financial charges | 65/66B | €61,568 | €118,648 | +€57,080 | +92.7% |
| Recurring financial charges | 65 | €61,568 | €68,649 | +€7,081 | +11.5% |
| Debt charges | 650 | €23,865 | €24,397 | +€532 | +2.2% |
| Other financial charges | 652/9 | €37,703 | €44,252 | +€6,549 | +17.4% |
| Non-recurring financial charges | 66B | - | €49,999 | +€49,999 | |
| Profit (loss) for the period before taxes | 9903 | -€533,953 | €514,811 | +€1.0m | |
| Income taxes | 67/77 | €1,277 | €39,520 | +€38,243 | +2,995% |
| Taxes | 670/3 | €1,277 | €39,520 | +€38,243 | +2,995% |
| Profit (loss) for the period | 9904 | -€535,230 | €475,291 | +€1.0m | |
| Profit (loss) for the period to be appropriated | 9905 | -€535,230 | €475,291 | +€1.0m |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.