PLUS BUSINESS SERVICES: 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.
PLUS BUSINESS SERVICES
Largest movements
- Receivables within one year +€138,188
up €138,188 (+42.7%), from €323,504 to €461,692
- Cash -€61,831
down €61,831 (-75.0%), from €82,410 to €20,578
mainly Receivables within one year (-€138,188) and Investment in fixed assets (net) (-€42,529)
- Profit (loss) carried forward +€46,649
up €46,649 (+79.9%), from -€58,390 to -€11,741
- Trade debts +€17,915
up €17,915 (+50.0%), from €35,844 to €53,759
- Tax, wage and social debts +€9,452
up €9,452 (+9.3%), from €101,855 to €111,307
of which Remuneration and social security: +€11,176
- Gross operating margin +€256,263
up €256,263 (+250%), from €102,664 to €358,927
- Other operating charges +€153,954
up €153,954 (+4,583%), from €3,359 to €157,313
- Staff costs +€72,248
new in 2025: €72,248
- Taxes -€15,257
down €15,257 (-26.3%), from €58,043 to €42,786
- Depreciation +€4,930
up €4,930 (+14.6%), from €33,747 to €38,678
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 | €639,880 | €720,087 | +€80,208 | +12.5% |
| Fixed assets | 21/28 | €233,966 | €237,817 | +€3,851 | +1.6% |
| Tangible fixed assets | 22/27 | €233,966 | €237,817 | +€3,851 | +1.6% |
| Plant, machinery and equipment | 23 | €230,822 | €230,750 | -€72 | 0.0% |
| Furniture and vehicles | 24 | €3,143 | €7,067 | +€3,923 | +125% |
| Current assets | 29/58 | €405,914 | €482,270 | +€76,356 | +18.8% |
| Amounts receivable within one year | 40/41 | €323,504 | €461,692 | +€138,188 | +42.7% |
| Other amounts receivable | 41 | €323,504 | €461,692 | +€138,188 | +42.7% |
| Cash at bank and in hand | 54/58 | €82,410 | €20,578 | -€61,831 | -75.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €639,880 | €720,087 | +€80,208 | +12.5% |
| Equity | 10/15 | -€39,790 | €6,859 | +€46,649 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,390 | -€11,741 | +€46,649 | +79.9% |
| Amounts payable | 17/49 | €679,669 | €713,229 | +€33,559 | +4.9% |
| Amounts payable after more than one year | 17 | €136,304 | €136,304 | = | 0.0% |
| Financial debts | 170/4 | €136,304 | €136,304 | = | 0.0% |
| Amounts payable within one year | 42/48 | €543,366 | €576,820 | +€33,454 | +6.2% |
| Trade debts | 44 | €35,844 | €53,759 | +€17,915 | +50.0% |
| Suppliers | 440/4 | €35,844 | €53,759 | +€17,915 | +50.0% |
| Taxes, remuneration and social security | 45 | €101,855 | €111,307 | +€9,452 | +9.3% |
| Taxes | 450/3 | €101,855 | €100,131 | -€1,724 | -1.7% |
| Remuneration and social security | 454/9 | - | €11,176 | +€11,176 | |
| Other amounts payable | 47/48 | €405,667 | €411,754 | +€6,088 | +1.5% |
| Accrued charges and deferred income | 492/3 | - | €105 | +€105 | |
| Remuneration, social security and pensions | 62 | - | €72,248 | +€72,248 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,747 | €38,678 | +€4,930 | +14.6% |
| Other operating charges | 640/8 | €3,359 | €157,313 | +€153,954 | +4,583% |
| Gross operating margin | 9900 | €102,664 | €358,927 | +€256,263 | +250% |
| Operating profit (loss) | 9901 | €65,558 | €90,688 | +€25,130 | +38.3% |
| Financial income | 75/76B | €65 | €0 | -€65 | -100.0% |
| Recurring financial income | 75 | €65 | €0 | -€65 | -100.0% |
| Financial charges | 65/66B | €642 | €1,254 | +€612 | +95.2% |
| Recurring financial charges | 65 | €642 | €1,254 | +€612 | +95.2% |
| Profit (loss) for the period before taxes | 9903 | €64,980 | €89,434 | +€24,454 | +37.6% |
| Income taxes | 67/77 | €58,043 | €42,786 | -€15,257 | -26.3% |
| Profit (loss) for the period | 9904 | €6,937 | €46,649 | +€39,711 | +572% |
| Profit (loss) for the period to be appropriated | 9905 | €6,937 | €46,649 | +€39,711 | +572% |
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 13 October 2026 via checked.be.