PLUS HOME SERVICES: 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 HOME SERVICES
NACE 88.999, Other social work without accommodation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.4m
2024 · €3.4m-€2.0m
Equity
€30.7m
2024 · €29.7m+€1.0m
Cash
€10.9m
2024 · €14.5m-€3.6m
Balance sheet total
€47.5m
2024 · €47.6m-€69,454
Largest movements
Assets
- Cash -€3.6m
down €3.6m (-25.0%), from €14.5m to €10.9m
mainly Receivables within one year (-€3.3m) and Current portion of long-term debt (-€731,304)
- Receivables within one year +€3.3m
up €3.3m (+41.5%), from €8.0m to €11.3m
of which Other amounts receivable: +€4.4m
Equity and liabilities
- Reserves +€1.0m
up €1.0m (+3.5%), from €29.5m to €30.5m
of which Distributable reserves: +€1.0m
- Current portion of long-term debt -€731,304
down €731,304 (-91.6%), from €798,275 to €66,971
Income statement
- Turnover -€7.3m
down €7.3m (-6.5%), from €112.1m to €104.7m
- Staff costs -€6.6m
down €6.6m (-6.5%), from €101.8m to €95.2m
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
€3.4m
Turnover
-€7.3m
Other operating income
-€384,082
Services and other goods
-€607,794
Staff costs
+€6.6m
Depreciation
-€44,599
Write-downs
-€6,609
Other operating charges
-€623
Other operating items
+€560,000
Financial income
-€103,789
Financial charges
+€8,967
Taxes
-€693,282
Result 2025
€1.4m
Cash bridge derived
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
-€2.5m
Investment
-€332,269
Financing
-€836,361
Cash 2024
€14.5m
From operations (derived)
-€2.5m
Net result for the year
+€1.4m
Depreciation
+€224,241
Receivables within one year
-€3.3m
Deferred charges and accrued income
-€136,084
Trade debts
-€101,883
Tax, wage and social debts
-€74,428
Other debts
-€401,074
Accrued charges and deferred income
-€45,361
Investment (derived)
-€332,269
Investment in fixed assets (net)
-€332,269
Financing
-€836,361
Debts after one year
-€66,971
Current portion of long-term debt
-€731,304
Short-term financial debts
+€321,914
Contributions, distributions and other
-€360,000
Cash 2025
€10.9m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,555,898 | €47,486,444 | -€69,454 | -0.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €13,942,168 | €14,050,195 | +€108,027 | +0.8% |
| Intangible fixed assets | 21 | €396,429 | €556,269 | +€159,841 | +40.3% |
| Tangible fixed assets | 22/27 | €541,333 | €499,979 | -€41,354 | -7.6% |
| Plant, machinery and equipment | 23 | €46,394 | €61,950 | +€15,556 | +33.5% |
| Furniture and vehicles | 24 | €223,022 | €218,142 | -€4,879 | -2.2% |
| Other tangible fixed assets | 26 | €271,918 | €219,887 | -€52,031 | -19.1% |
| Financial fixed assets | 28 | €13,004,406 | €12,993,947 | -€10,459 | -0.1% |
| Affiliated companies | 280/1 | €12,823,441 | €12,823,441 | = | 0.0% |
| Participating interests | 280 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable | 281 | €12,822,441 | €12,822,441 | = | 0.0% |
| Other financial fixed assets | 284/8 | €180,965 | €170,506 | -€10,459 | -5.8% |
| Amounts receivable and cash guarantees | 285/8 | €180,965 | €170,506 | -€10,459 | -5.8% |
| Current assets | 29/58 | €33,613,729 | €33,436,248 | -€177,481 | -0.5% |
| Amounts receivable after more than one year | 29 | €10,750,000 | €10,750,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,750,000 | €10,750,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,014,719 | €11,337,526 | +€3.3m | +41.5% |
| Trade receivables | 40 | €4,903,016 | €3,833,926 | -€1.1m | -21.8% |
| Other amounts receivable | 41 | €3,111,704 | €7,503,600 | +€4.4m | +141.1% |
| Cash at bank and in hand | 54/58 | €14,539,698 | €10,903,327 | -€3.6m | -25.0% |
| Deferred charges and accrued income | 490/1 | €309,312 | €445,396 | +€136,084 | +44.0% |
| Total equity and liabilities | 10/49 | €47,555,898 | €47,486,444 | -€69,454 | -0.1% |
| Equity | 10/15 | €29,699,179 | €30,728,833 | +€1.0m | +3.5% |
| Contributions | 10/11 | €160,216 | €160,216 | = | 0.0% |
| Capital | 10 | €160,216 | €160,216 | = | 0.0% |
| Issued capital | 100 | €160,216 | €160,216 | = | 0.0% |
| Reserves | 13 | €29,497,688 | €30,527,342 | +€1.0m | +3.5% |
| Non-distributable reserves | 130/1 | €16,022 | €16,022 | = | 0.0% |
| Legal reserve | 130 | €16,022 | €16,022 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,119,023 | €29,119,023 | = | 0.0% |
| Distributable reserves | 133 | €362,643 | €1,392,297 | +€1.0m | +283.9% |
| Profit (loss) carried forward | 14 | €41,276 | €41,276 | = | 0.0% |
| Amounts payable | 17/49 | €17,856,718 | €16,757,611 | -€1.1m | -6.2% |
| Amounts payable after more than one year | 17 | €66,971 | - | -€66,971 | |
| Financial debts | 170/4 | €66,971 | - | -€66,971 | |
| Credit institutions | 173 | €66,971 | - | -€66,971 | |
| Amounts payable within one year | 42/48 | €17,647,235 | €16,660,459 | -€986,775 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €798,275 | €66,971 | -€731,304 | -91.6% |
| Financial debts | 43 | €2,780,953 | €3,102,867 | +€321,914 | +11.6% |
| Credit institutions | 430/8 | €88,263 | - | -€88,263 | |
| Other loans | 439 | €2,692,690 | €3,102,867 | +€410,177 | +15.2% |
| Trade debts | 44 | €562,844 | €460,960 | -€101,883 | -18.1% |
| Suppliers | 440/4 | €562,844 | €460,960 | -€101,883 | -18.1% |
| Taxes, remuneration and social security | 45 | €11,157,043 | €11,082,616 | -€74,428 | -0.7% |
| Taxes | 450/3 | €305,456 | €336,408 | +€30,952 | +10.1% |
| Remuneration and social security | 454/9 | €10,851,587 | €10,746,208 | -€105,380 | -1.0% |
| Other amounts payable | 47/48 | €2,348,120 | €1,947,046 | -€401,074 | -17.1% |
| Accrued charges and deferred income | 492/3 | €142,512 | €97,151 | -€45,361 | -31.8% |
| Operating income | 70/76A | €114,664,323 | €107,515,269 | -€7.1m | -6.2% |
| Turnover | 70 | €112,070,684 | €104,745,712 | -€7.3m | -6.5% |
| Other operating income | 74 | €1,713,639 | €1,329,557 | -€384,082 | -22.4% |
| Non-recurring operating income | 76A | €880,000 | €1,440,000 | +€560,000 | +63.6% |
| Operating charges | 60/66A | €111,520,556 | €105,580,300 | -€5.9m | -5.3% |
| Services and other goods | 61 | €9,239,509 | €9,847,303 | +€607,794 | +6.6% |
| Remuneration, social security and pensions | 62 | €101,842,453 | €95,242,572 | -€6.6m | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179,642 | €224,241 | +€44,599 | +24.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €123,260 | €129,870 | +€6,609 | +5.4% |
| Other operating charges | 640/8 | €135,691 | €136,314 | +€623 | +0.5% |
| Operating profit (loss) | 9901 | €3,143,767 | €1,934,969 | -€1.2m | -38.5% |
| Financial income | 75/76B | €647,468 | €543,679 | -€103,789 | -16.0% |
| Recurring financial income | 75 | €647,468 | €543,679 | -€103,789 | -16.0% |
| Income from current assets | 751 | €635,957 | €532,619 | -€103,338 | -16.2% |
| Other financial income | 752/9 | €11,511 | €11,059 | -€451 | -3.9% |
| Financial charges | 65/66B | €187,262 | €178,295 | -€8,967 | -4.8% |
| Recurring financial charges | 65 | €187,262 | €178,295 | -€8,967 | -4.8% |
| Debt charges | 650 | €183,022 | €177,011 | -€6,011 | -3.3% |
| Other financial charges | 652/9 | €4,240 | €1,283 | -€2,956 | -69.7% |
| Profit (loss) for the period before taxes | 9903 | €3,603,973 | €2,300,353 | -€1.3m | -36.2% |
| Income taxes | 67/77 | €217,418 | €910,700 | +€693,282 | +318.9% |
| Taxes | 670/3 | €217,418 | €910,700 | +€693,282 | +318.9% |
| Profit (loss) for the period | 9904 | €3,386,555 | €1,389,654 | -€2.0m | -59.0% |
| Transfer to tax-exempt reserves | 689 | €3,029,324 | - | -€3.0m | |
| Profit (loss) for the period to be appropriated | 9905 | €357,231 | €1,389,654 | +€1.0m | +289.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.