Plus Estate: 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 Estate
Largest movements
- Current investments -€16,500
no longer reported in 2025 (was €16,500)
- Cash +€9,325
up €9,325 (+2,528%), from €369 to €9,694
mainly Trade debts (+€16,856) and Current investments (+€16,500)
- Tangible fixed assets +€2,097
up €2,097 (+1.8%), from €115,709 to €117,806
of which Plant, machinery and equipment: +€4,844
- Tax, wage and social debts -€21,071
no longer reported in 2025 (was €21,071)
- Trade debts +€16,856
new in 2025: €16,856
- Profit (loss) carried forward -€1,511
down €1,511 (-2.0%), from €73,758 to €72,248
- Gross operating margin +€4,388
up €4,388 (+136%), from €3,235 to €7,624
- Depreciation +€1,412
up €1,412 (+20.9%), from €6,750 to €8,163
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 | €136,029 | €130,304 | -€5,725 | -4.2% |
| Fixed assets | 21/28 | €115,709 | €117,806 | +€2,097 | +1.8% |
| Tangible fixed assets | 22/27 | €115,709 | €117,806 | +€2,097 | +1.8% |
| Land and buildings | 22 | €114,926 | €112,180 | -€2,746 | -2.4% |
| Plant, machinery and equipment | 23 | €783 | €5,626 | +€4,844 | +619% |
| Current assets | 29/58 | €20,320 | €12,498 | -€7,822 | -38.5% |
| Amounts receivable within one year | 40/41 | €3,451 | €2,804 | -€647 | -18.7% |
| Other amounts receivable | 41 | €3,451 | €2,804 | -€647 | -18.7% |
| Current investments | 50/53 | €16,500 | - | -€16,500 | |
| Cash at bank and in hand | 54/58 | €369 | €9,694 | +€9,325 | +2,528% |
| Total equity and liabilities | 10/49 | €136,029 | €130,304 | -€5,725 | -4.2% |
| Equity | 10/15 | €79,958 | €78,448 | -€1,511 | -1.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,758 | €72,248 | -€1,511 | -2.0% |
| Amounts payable | 17/49 | €56,071 | €51,856 | -€4,214 | -7.5% |
| Amounts payable within one year | 42/48 | €56,071 | €51,856 | -€4,214 | -7.5% |
| Trade debts | 44 | - | €16,856 | +€16,856 | |
| Suppliers | 440/4 | - | €16,856 | +€16,856 | |
| Taxes, remuneration and social security | 45 | €21,071 | - | -€21,071 | |
| Taxes | 450/3 | €21,071 | - | -€21,071 | |
| Other amounts payable | 47/48 | €35,000 | €35,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,750 | €8,163 | +€1,412 | +20.9% |
| Other operating charges | 640/8 | €867 | €891 | +€24 | +2.8% |
| Gross operating margin | 9900 | €3,235 | €7,624 | +€4,388 | +136% |
| Operating profit (loss) | 9901 | -€4,383 | -€1,431 | +€2,952 | +67.4% |
| Financial income | 75/76B | €22 | €75 | +€54 | +248% |
| Recurring financial income | 75 | €22 | €75 | +€54 | +248% |
| Financial charges | 65/66B | €135 | €155 | +€20 | +15.1% |
| Recurring financial charges | 65 | €135 | €155 | +€20 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,496 | -€1,511 | +€2,985 | +66.4% |
| Profit (loss) for the period | 9904 | -€4,496 | -€1,511 | +€2,985 | +66.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,496 | -€1,511 | +€2,985 | +66.4% |
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.