PLUS MANAGEMENT: 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.
PLUS MANAGEMENT
Largest movements
- Receivables within one year -€50
down €50 (-11.8%), from €424 to €374
- Cash +€37
up €37 (+361.4%), from €10 to €47
mainly Other debts (+€2,010) and Trade debts (+€199)
- Profit (loss) carried forward -€2,177
down €2,177 (-0.3%), from -€706,923 to -€709,100
- Other debts +€2,010
up €2,010 (+0.3%), from €644,367 to €646,377
- Trade debts +€199
up €199 (+14.5%), from €1,374 to €1,573
- Accrued charges and deferred income -€44
no longer reported in 2025 (was €44)
- Financial charges +€490
up €490 (+791.1%), from €62 to €552
- Other operating charges +€41
up €41 (+10.5%), from €387 to €428
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €538 | €527 | -€11 | -2.0% |
| Fixed assets | 21/28 | €1 | €1 | = | 0.0% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €537 | €526 | -€11 | -2.0% |
| Amounts receivable within one year | 40/41 | €424 | €374 | -€50 | -11.8% |
| Other amounts receivable | 41 | €424 | €374 | -€50 | -11.8% |
| Cash at bank and in hand | 54/58 | €10 | €47 | +€37 | +361.4% |
| Deferred charges and accrued income | 490/1 | €103 | €105 | +€2 | +2.0% |
| Total equity and liabilities | 10/49 | €538 | €527 | -€11 | -2.0% |
| Equity | 10/15 | -€645,246 | -€647,422 | -€2,177 | -0.3% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €1,677 | €1,677 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,677 | €1,677 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,677 | €1,677 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€706,923 | -€709,100 | -€2,177 | -0.3% |
| Amounts payable | 17/49 | €645,784 | €647,949 | +€2,166 | +0.3% |
| Amounts payable within one year | 42/48 | €645,740 | €647,949 | +€2,209 | +0.3% |
| Trade debts | 44 | €1,374 | €1,573 | +€199 | +14.5% |
| Suppliers | 440/4 | €1,374 | €1,573 | +€199 | +14.5% |
| Other amounts payable | 47/48 | €644,367 | €646,377 | +€2,010 | +0.3% |
| Accrued charges and deferred income | 492/3 | €44 | - | -€44 | |
| Other operating charges | 640/8 | €387 | €428 | +€41 | +10.5% |
| Gross operating margin | 9900 | -€1,195 | -€1,197 | -€2 | -0.2% |
| Operating profit (loss) | 9901 | -€1,583 | -€1,625 | -€43 | -2.7% |
| Financial charges | 65/66B | €62 | €552 | +€490 | +791.1% |
| Recurring financial charges | 65 | €62 | €552 | +€490 | +791.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,644 | -€2,177 | -€532 | -32.4% |
| Profit (loss) for the period | 9904 | -€1,644 | -€2,177 | -€532 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,644 | -€2,177 | -€532 | -32.4% |
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 4 October 2026 via checked.be.