PLUSCARS: 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.
PLUSCARS
Largest movements
- Stocks and contracts +€174,168
up €174,168 (+55.0%), from €316,440 to €490,608
of which Contracts in progress: +€327,645
- Receivables within one year -€48,980
down €48,980 (-74.8%), from €65,491 to €16,511
of which Other amounts receivable: -€50,000
- Provisions -€460,776
down €460,776 (-100%), from €460,776 to €0
- Accrued charges and deferred income +€373,508
up €373,508 (+7,437%), from €5,022 to €378,531
- Other debts +€182,661
up €182,661 (+180%), from €101,594 to €284,255
- Debts after one year -€35,906
down €35,906 (-14.4%), from €250,000 to €214,094
- Reserves +€32,286
up €32,286 (+24.6%), from €131,290 to €163,576
of which Distributable reserves: +€32,286
- Financial charges +€26,033
up €26,033 (+271%), from €9,603 to €35,637
- Taxes -€9,869
down €9,869 (-38.6%), from €25,566 to €15,696
- Financial income -€2,500
down €2,500 (-100%), from €2,500 to €0
- Other operating charges -€1,388
down €1,388 (-39.9%), from €3,479 to €2,090
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 | €1,007,957 | €1,128,563 | +€120,605 | +12.0% |
| Fixed assets | 21/28 | €597,452 | €597,452 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Financial fixed assets | 28 | €597,452 | €597,452 | = | 0.0% |
| Current assets | 29/58 | €410,506 | €531,111 | +€120,605 | +29.4% |
| Stocks and contracts in progress | 3 | €316,440 | €490,608 | +€174,168 | +55.0% |
| Stocks | 30/36 | €316,440 | €162,963 | -€153,477 | -48.5% |
| Contracts in progress | 37 | - | €327,645 | +€327,645 | |
| Amounts receivable within one year | 40/41 | €65,491 | €16,511 | -€48,980 | -74.8% |
| Trade receivables | 40 | €15,491 | €16,511 | +€1,020 | +6.6% |
| Other amounts receivable | 41 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €28,575 | €23,138 | -€5,437 | -19.0% |
| Deferred charges and accrued income | 490/1 | €0 | €854 | +€854 | |
| Total equity and liabilities | 10/49 | €1,007,957 | €1,128,563 | +€120,605 | +12.0% |
| Equity | 10/15 | €156,290 | €188,576 | +€32,286 | +20.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €131,290 | €163,576 | +€32,286 | +24.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €131,290 | €163,576 | +€32,286 | +24.6% |
| Provisions and deferred taxes | 16 | €460,776 | €0 | -€460,776 | -100% |
| Provisions for liabilities and charges | 160/5 | €460,776 | €0 | -€460,776 | -100% |
| Other liabilities and charges | 164/5 | €460,776 | €0 | -€460,776 | -100% |
| Amounts payable | 17/49 | €390,892 | €939,987 | +€549,095 | +140% |
| Amounts payable after more than one year | 17 | €250,000 | €214,094 | -€35,906 | -14.4% |
| Financial debts | 170/4 | €250,000 | €214,094 | -€35,906 | -14.4% |
| Amounts payable within one year | 42/48 | €135,870 | €347,363 | +€211,493 | +156% |
| Current portion of amounts payable after more than one year | 42 | €0 | €23,574 | +€23,574 | |
| Financial debts | 43 | €6,274 | €0 | -€6,274 | -100% |
| Credit institutions | 430/8 | €6,274 | €0 | -€6,274 | -100% |
| Trade debts | 44 | €7,360 | €9,969 | +€2,609 | +35.4% |
| Suppliers | 440/4 | €7,360 | €9,969 | +€2,609 | +35.4% |
| Taxes, remuneration and social security | 45 | €20,642 | €29,565 | +€8,923 | +43.2% |
| Taxes | 450/3 | €18,146 | €27,051 | +€8,905 | +49.1% |
| Remuneration and social security | 454/9 | €2,496 | €2,514 | +€18 | +0.7% |
| Other amounts payable | 47/48 | €101,594 | €284,255 | +€182,661 | +180% |
| Accrued charges and deferred income | 492/3 | €5,022 | €378,531 | +€373,508 | +7,437% |
| Non-recurring operating income | 76A | €171,593 | €67,221 | -€104,371 | -60.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €3,479 | €2,090 | -€1,388 | -39.9% |
| Non-recurring operating charges | 66A | - | €2,287 | +€2,287 | |
| Gross operating margin | 9900 | €88,172 | €87,995 | -€176 | -0.2% |
| Operating profit (loss) | 9901 | €84,693 | €83,619 | -€1,075 | -1.3% |
| Financial income | 75/76B | €2,500 | €0 | -€2,500 | -100% |
| Recurring financial income | 75 | €2,500 | €0 | -€2,500 | -100% |
| Financial charges | 65/66B | €9,603 | €35,637 | +€26,033 | +271% |
| Recurring financial charges | 65 | €9,603 | €35,637 | +€26,033 | +271% |
| Profit (loss) for the period before taxes | 9903 | €77,590 | €47,982 | -€29,608 | -38.2% |
| Income taxes | 67/77 | €25,566 | €15,696 | -€9,869 | -38.6% |
| Profit (loss) for the period | 9904 | €52,024 | €32,286 | -€19,739 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,024 | €32,286 | -€19,739 | -37.9% |
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 18 October 2026 via checked.be.