PLUS DEVELOPMENT: 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 DEVELOPMENT
Largest movements
- Stocks and contracts +€63,676
up €63,676 (+25.1%), from €253,554 to €317,230
- Cash +€12,258
up €12,258 (+634.8%), from €1,931 to €14,189
mainly Other debts (+€51,934) and Trade debts (+€30,539)
- Other debts +€51,934
new in 2024: €51,934
- Trade debts +€30,539
up €30,539 (+37.2%), from €82,122 to €112,661
- Profit (loss) carried forward -€9,877
down €9,877 (-0.6%), from -€1.7m to -€1.7m
- Advances received -€3,449
no longer reported in 2024 (was €3,449)
- Gross operating margin -€228,697
down €228,697 (-94.1%), from €242,991 to €14,294
- Financial charges -€21,784
down €21,784 (-81.2%), from €26,819 to €5,035
- Taxes -€15,292
down €15,292 (-84.3%), from €18,145 to €2,853
- Other operating charges +€12,102
up €12,102 (+634.8%), from €1,906 to €14,008
- Depreciation -€6,933
down €6,933 (-75.2%), from €9,225 to €2,292
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €261,317 | €333,655 | +€72,338 | +27.7% |
| Fixed assets | 21/28 | €4,493 | €2,201 | -€2,292 | -51.0% |
| Tangible fixed assets | 22/27 | €4,493 | €2,201 | -€2,292 | -51.0% |
| Plant, machinery and equipment | 23 | €1,241 | €797 | -€445 | -35.8% |
| Furniture and vehicles | 24 | €3,252 | €1,404 | -€1,847 | -56.8% |
| Current assets | 29/58 | €256,824 | €331,454 | +€74,630 | +29.1% |
| Stocks and contracts in progress | 3 | €253,554 | €317,230 | +€63,676 | +25.1% |
| Stocks | 30/36 | €253,554 | €317,230 | +€63,676 | +25.1% |
| Amounts receivable within one year | 40/41 | - | €35 | +€35 | |
| Other amounts receivable | 41 | - | €35 | +€35 | |
| Cash at bank and in hand | 54/58 | €1,931 | €14,189 | +€12,258 | +634.8% |
| Deferred charges and accrued income | 490/1 | €1,339 | - | -€1,339 | |
| Total equity and liabilities | 10/49 | €261,317 | €333,655 | +€72,338 | +27.7% |
| Equity | 10/15 | -€1,609,189 | -€1,619,067 | -€9,877 | -0.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,670,689 | -€1,680,567 | -€9,877 | -0.6% |
| Amounts payable | 17/49 | €1,870,507 | €1,952,722 | +€82,215 | +4.4% |
| Amounts payable after more than one year | 17 | €1,782,489 | €1,784,787 | +€2,298 | +0.1% |
| Financial debts | 170/4 | €181,718 | €184,016 | +€2,298 | +1.3% |
| Other amounts payable | 178/9 | €1,600,772 | €1,600,772 | = | 0.0% |
| Amounts payable within one year | 42/48 | €88,017 | €167,935 | +€79,917 | +90.8% |
| Financial debts | 43 | - | €154 | +€154 | |
| Credit institutions | 430/8 | - | €154 | +€154 | |
| Trade debts | 44 | €82,122 | €112,661 | +€30,539 | +37.2% |
| Suppliers | 440/4 | €82,122 | €112,661 | +€30,539 | +37.2% |
| Advances received on contracts in progress | 46 | €3,449 | - | -€3,449 | |
| Taxes, remuneration and social security | 45 | €2,447 | €3,185 | +€739 | +30.2% |
| Taxes | 450/3 | €2,447 | €3,185 | +€739 | +30.2% |
| Other amounts payable | 47/48 | - | €51,934 | +€51,934 | |
| Non-recurring operating income | 76A | €254,751 | - | -€254,751 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,225 | €2,292 | -€6,933 | -75.2% |
| Other operating charges | 640/8 | €1,906 | €14,008 | +€12,102 | +634.8% |
| Gross operating margin | 9900 | €242,991 | €14,294 | -€228,697 | -94.1% |
| Operating profit (loss) | 9901 | €231,860 | -€2,005 | -€233,865 | |
| Financial income | 75/76B | €16 | €16 | +€0 | +1.3% |
| Recurring financial income | 75 | €16 | €16 | +€0 | +1.3% |
| Financial charges | 65/66B | €26,819 | €5,035 | -€21,784 | -81.2% |
| Recurring financial charges | 65 | €26,819 | €5,035 | -€21,784 | -81.2% |
| Profit (loss) for the period before taxes | 9903 | €205,057 | -€7,024 | -€212,081 | |
| Income taxes | 67/77 | €18,145 | €2,853 | -€15,292 | -84.3% |
| Profit (loss) for the period | 9904 | €186,912 | -€9,877 | -€196,789 | |
| Profit (loss) for the period to be appropriated | 9905 | €186,912 | -€9,877 | -€196,789 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.