PLUS TELECOM INTERNATIONAL: 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 TELECOM INTERNATIONAL
Largest movements
- Stocks and contracts +€35,000
up €35,000 (+24.6%), from €142,500 to €177,500
- Tangible fixed assets -€15,654
down €15,654 (-45.2%), from €34,645 to €18,990
- Cash -€6,719
down €6,719 (-55.0%), from €12,222 to €5,503
mainly Stocks and contracts (-€35,000) and Other debts (-€5,033)
- Deferred charges and accrued income +€3,765
new in 2025: €3,765
- Trade debts +€31,264
up €31,264 (+19.3%), from €161,832 to €193,096
- Other debts -€5,033
down €5,033 (-23.6%), from €21,345 to €16,312
- Profit (loss) carried forward -€4,416
down €4,416 (-31.6%), from -€13,980 to -€18,396
- Tax, wage and social debts -€3,765
down €3,765 (-32.9%), from €11,435 to €7,669
of which Taxes: -€4,785
- Gross operating margin +€24,737
up €24,737 (+47.7%), from €51,817 to €76,554
- Staff costs +€7,469
up €7,469 (+16.3%), from €45,880 to €53,348
- Depreciation +€2,881
up €2,881 (+22.6%), from €12,773 to €15,654
- Other operating charges -€2,670
down €2,670 (-41.7%), from €6,408 to €3,738
- Taxes +€2,639
up €2,639 (+81.0%), from €3,258 to €5,897
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 | €199,232 | €217,282 | +€18,050 | +9.1% |
| Fixed assets | 21/28 | €43,510 | €27,855 | -€15,654 | -36.0% |
| Tangible fixed assets | 22/27 | €34,645 | €18,990 | -€15,654 | -45.2% |
| Furniture and vehicles | 24 | €34,645 | €18,990 | -€15,654 | -45.2% |
| Financial fixed assets | 28 | €8,865 | €8,865 | = | 0.0% |
| Current assets | 29/58 | €155,722 | €189,426 | +€33,704 | +21.6% |
| Stocks and contracts in progress | 3 | €142,500 | €177,500 | +€35,000 | +24.6% |
| Stocks | 30/36 | €142,500 | €177,500 | +€35,000 | +24.6% |
| Amounts receivable within one year | 40/41 | €1,000 | €2,658 | +€1,658 | +166% |
| Trade receivables | 40 | - | €1,600 | +€1,600 | |
| Other amounts receivable | 41 | €1,000 | €1,058 | +€58 | +5.8% |
| Cash at bank and in hand | 54/58 | €12,222 | €5,503 | -€6,719 | -55.0% |
| Deferred charges and accrued income | 490/1 | - | €3,765 | +€3,765 | |
| Total equity and liabilities | 10/49 | €199,232 | €217,282 | +€18,050 | +9.1% |
| Equity | 10/15 | €4,620 | €204 | -€4,416 | -95.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,980 | -€18,396 | -€4,416 | -31.6% |
| Amounts payable | 17/49 | €194,612 | €217,078 | +€22,466 | +11.5% |
| Amounts payable within one year | 42/48 | €194,612 | €217,078 | +€22,466 | +11.5% |
| Trade debts | 44 | €161,832 | €193,096 | +€31,264 | +19.3% |
| Suppliers | 440/4 | €161,832 | €193,096 | +€31,264 | +19.3% |
| Taxes, remuneration and social security | 45 | €11,435 | €7,669 | -€3,765 | -32.9% |
| Taxes | 450/3 | €4,785 | - | -€4,785 | |
| Remuneration and social security | 454/9 | €6,650 | €7,669 | +€1,020 | +15.3% |
| Other amounts payable | 47/48 | €21,345 | €16,312 | -€5,033 | -23.6% |
| Non-recurring operating income | 76A | €10,000 | €8,000 | -€2,000 | -20.0% |
| Remuneration, social security and pensions | 62 | €45,880 | €53,348 | +€7,469 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,773 | €15,654 | +€2,881 | +22.6% |
| Other operating charges | 640/8 | €6,408 | €3,738 | -€2,670 | -41.7% |
| Non-recurring operating charges | 66A | €3,039 | €573 | -€2,466 | -81.1% |
| Gross operating margin | 9900 | €51,817 | €76,554 | +€24,737 | +47.7% |
| Operating profit (loss) | 9901 | -€16,283 | €3,240 | +€19,524 | |
| Financial charges | 65/66B | €2,222 | €1,760 | -€462 | -20.8% |
| Recurring financial charges | 65 | €2,222 | €1,760 | -€462 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,505 | €1,481 | +€19,986 | |
| Income taxes | 67/77 | €3,258 | €5,897 | +€2,639 | +81.0% |
| Profit (loss) for the period | 9904 | -€21,763 | -€4,416 | +€17,347 | +79.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,763 | -€4,416 | +€17,347 | +79.7% |
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 26 October 2026 via checked.be.