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PLUS BREEDING: 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.

What changed

PLUS BREEDING

BE 0800.977.401
NACE 72.101, Research and development on biotechnology
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€5,303
2024 · -€10,239+€15,542
Equity
€64
2024 · -€5,239+€5,303
Cash
€33,093
2024 · €5,826+€27,267
Balance sheet total
€33,093
2024 · €6,811+€26,282

Largest movements

2024 to 2025
Assets
  • Cash +€27,267

    up €27,267 (+468.0%), from €5,826 to €33,093

    mainly Other debts (+€15,000) and Net result for the year (+€5,303)

  • Receivables within one year -€985

    no longer reported in 2025 (was €985)

Equity and liabilities
  • Other debts +€15,000

    up €15,000 (+150.0%), from €10,000 to €25,000

  • Profit (loss) carried forward +€5,303

    up €5,303 (+51.8%), from -€10,239 to -€4,936

  • Current portion of long-term debt +€4,429

    new in 2025: €4,429

  • Tax, wage and social debts +€1,099

    new in 2025: €1,099

  • Trade debts +€450

    up €450 (+22.0%), from €2,050 to €2,500

Income statement
  • Gross operating margin +€15,607

    up €15,607, from -€9,690 to €5,917

From the 2024 result to the 2025 result

effect on the 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 -€10,239
Gross operating margin +€15,607
Other operating charges -€85
Financial charges +€21
Result 2025 €5,303

Cash bridge derived

cash 2024 to 2025

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 +€22,837
Investment €0
Financing +€4,429
Cash 2024 €5,826
Net result for the year +€5,303
Receivables within one year +€985
Trade debts +€450
Tax, wage and social debts +€1,099
Other debts +€15,000
Current portion of long-term debt +€4,429
Cash 2025 €33,093
Every line side by side 25 lines
Line Code 2024 2025 Change %
Total assets 20/58 €6,811 €33,093 +€26,282 +385.9%
Current assets 29/58 €6,811 €33,093 +€26,282 +385.9%
Amounts receivable within one year 40/41 €985 - -€985
Other amounts receivable 41 €985 - -€985
Cash at bank and in hand 54/58 €5,826 €33,093 +€27,267 +468.0%
Total equity and liabilities 10/49 €6,811 €33,093 +€26,282 +385.9%
Equity 10/15 -€5,239 €64 +€5,303
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 -€10,239 -€4,936 +€5,303 +51.8%
Amounts payable 17/49 €12,050 €33,029 +€20,979 +174.1%
Amounts payable within one year 42/48 €12,050 €33,029 +€20,979 +174.1%
Current portion of amounts payable after more than one year 42 - €4,429 +€4,429
Trade debts 44 €2,050 €2,500 +€450 +22.0%
Suppliers 440/4 €2,050 €2,500 +€450 +22.0%
Taxes, remuneration and social security 45 - €1,099 +€1,099
Taxes 450/3 - €1,099 +€1,099
Other amounts payable 47/48 €10,000 €25,000 +€15,000 +150.0%
Other operating charges 640/8 €384 €470 +€85 +22.2%
Gross operating margin 9900 -€9,690 €5,917 +€15,607
Operating profit (loss) 9901 -€10,074 €5,447 +€15,521
Financial charges 65/66B €165 €144 -€21 -12.7%
Recurring financial charges 65 €165 €144 -€21 -12.7%
Profit (loss) for the period before taxes 9903 -€10,239 €5,303 +€15,542
Profit (loss) for the period 9904 -€10,239 €5,303 +€15,542
Profit (loss) for the period to be appropriated 9905 -€10,239 €5,303 +€15,542

Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.