PLUS PAR PLUS: 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 PAR PLUS
Largest movements
- Tangible fixed assets -€19,053
down €19,053 (-13.4%), from €141,800 to €122,747
of which Land and buildings: -€12,554
- Receivables within one year +€14,304
up €14,304 (+8.5%), from €167,525 to €181,828
of which Other amounts receivable: +€14,986
- Debts after one year -€17,663
down €17,663 (-28.9%), from €61,159 to €43,496
- Reserves +€15,000
up €15,000 (+11.5%), from €130,859 to €145,859
of which Distributable reserves: +€15,000
- Tax, wage and social debts -€4,855
down €4,855 (-9.3%), from €52,235 to €47,380
of which Taxes: -€4,855
- Gross operating margin +€11,573
up €11,573 (+18.6%), from €62,071 to €73,645
- Taxes +€2,913
up €2,913 (+24.3%), from €11,998 to €14,911
- Other operating charges +€1,678
up €1,678 (+106.1%), from €1,581 to €3,260
- Write-downs +€1,613
new in 2025: €1,613
- Financial charges -€1,559
down €1,559 (-23.4%), from €6,673 to €5,114
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €309,847 | €304,959 | -€4,888 | -1.6% |
| Fixed assets | 21/28 | €141,880 | €122,827 | -€19,053 | -13.4% |
| Tangible fixed assets | 22/27 | €141,800 | €122,747 | -€19,053 | -13.4% |
| Land and buildings | 22 | €122,709 | €110,155 | -€12,554 | -10.2% |
| Furniture and vehicles | 24 | €19,092 | €12,592 | -€6,500 | -34.0% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €167,966 | €182,132 | +€14,166 | +8.4% |
| Amounts receivable within one year | 40/41 | €167,525 | €181,828 | +€14,304 | +8.5% |
| Trade receivables | 40 | €14,671 | €13,988 | -€682 | -4.7% |
| Other amounts receivable | 41 | €152,854 | €167,840 | +€14,986 | +9.8% |
| Deferred charges and accrued income | 490/1 | €442 | €304 | -€138 | -31.2% |
| Total equity and liabilities | 10/49 | €309,847 | €304,959 | -€4,888 | -1.6% |
| Equity | 10/15 | €160,066 | €175,840 | +€15,774 | +9.9% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €130,859 | €145,859 | +€15,000 | +11.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €129,000 | €144,000 | +€15,000 | +11.6% |
| Profit (loss) carried forward | 14 | €16,812 | €17,586 | +€774 | +4.6% |
| Amounts payable | 17/49 | €149,781 | €129,119 | -€20,662 | -13.8% |
| Amounts payable after more than one year | 17 | €61,159 | €43,496 | -€17,663 | -28.9% |
| Financial debts | 170/4 | €61,159 | €43,496 | -€17,663 | -28.9% |
| Amounts payable within one year | 42/48 | €87,595 | €84,549 | -€3,046 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €17,031 | €17,680 | +€649 | +3.8% |
| Financial debts | 43 | €6,993 | €9,440 | +€2,446 | +35.0% |
| Credit institutions | 430/8 | €6,993 | €9,440 | +€2,446 | +35.0% |
| Trade debts | 44 | €3,336 | €2,049 | -€1,287 | -38.6% |
| Suppliers | 440/4 | €3,336 | €2,049 | -€1,287 | -38.6% |
| Taxes, remuneration and social security | 45 | €52,235 | €47,380 | -€4,855 | -9.3% |
| Taxes | 450/3 | €50,035 | €45,180 | -€4,855 | -9.7% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €8,000 | €8,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,027 | €1,074 | +€48 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,537 | €19,053 | +€516 | +2.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,613 | +€1,613 | |
| Other operating charges | 640/8 | €1,581 | €3,260 | +€1,678 | +106.1% |
| Gross operating margin | 9900 | €62,071 | €73,645 | +€11,573 | +18.6% |
| Operating profit (loss) | 9901 | €41,952 | €49,719 | +€7,767 | +18.5% |
| Financial income | 75/76B | - | €1,080 | +€1,080 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Non-recurring financial income | 76B | - | €1,080 | +€1,080 | |
| Financial charges | 65/66B | €6,673 | €5,114 | -€1,559 | -23.4% |
| Recurring financial charges | 65 | €6,673 | €5,114 | -€1,559 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €35,279 | €45,685 | +€10,406 | +29.5% |
| Income taxes | 67/77 | €11,998 | €14,911 | +€2,913 | +24.3% |
| Profit (loss) for the period | 9904 | €23,281 | €30,774 | +€7,493 | +32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,281 | €30,774 | +€7,493 | +32.2% |
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 2 October 2026 via checked.be.