PLUSTECH: 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.
PLUSTECH
Largest movements
- Tangible fixed assets +€57,992
up €57,992 (+39.9%), from €145,393 to €203,385
of which Land and buildings: +€57,326
- Cash +€25,206
up €25,206 (+49.9%), from €50,477 to €75,683
mainly Trade debts (+€27,411) and Receivables within one year (+€21,478)
- Receivables within one year -€21,478
down €21,478 (-45.6%), from €47,126 to €25,648
of which Trade receivables: -€27,511
- Trade debts +€27,411
up €27,411 (+57.1%), from €47,980 to €75,391
- Debts after one year +€19,071
up €19,071 (+12.7%), from €150,000 to €169,071
- Current portion of long-term debt +€11,858
new in 2025: €11,858
- Other debts +€5,645
up €5,645 (+19.2%), from €29,380 to €35,025
- Gross operating margin -€2,404
down €2,404 (-10.5%), from €22,984 to €20,580
- Financial charges +€988
up €988 (+8.4%), from €11,723 to €12,711
- Taxes -€524
no longer reported in 2025 (was €524)
- Other operating charges -€464
down €464 (-36.9%), from €1,257 to €793
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 | €278,404 | €342,065 | +€63,661 | +22.9% |
| Fixed assets | 21/28 | €145,393 | €203,385 | +€57,992 | +39.9% |
| Tangible fixed assets | 22/27 | €145,393 | €203,385 | +€57,992 | +39.9% |
| Land and buildings | 22 | €139,757 | €197,083 | +€57,326 | +41.0% |
| Plant, machinery and equipment | 23 | €3,800 | €5,056 | +€1,256 | +33.1% |
| Furniture and vehicles | 24 | €1,836 | €1,246 | -€590 | -32.1% |
| Current assets | 29/58 | €133,011 | €138,680 | +€5,669 | +4.3% |
| Stocks and contracts in progress | 3 | €35,408 | €37,349 | +€1,941 | +5.5% |
| Stocks | 30/36 | €35,408 | €37,349 | +€1,941 | +5.5% |
| Amounts receivable within one year | 40/41 | €47,126 | €25,648 | -€21,478 | -45.6% |
| Trade receivables | 40 | €38,331 | €10,820 | -€27,511 | -71.8% |
| Other amounts receivable | 41 | €8,795 | €14,828 | +€6,033 | +68.6% |
| Cash at bank and in hand | 54/58 | €50,477 | €75,683 | +€25,206 | +49.9% |
| Total equity and liabilities | 10/49 | €278,404 | €342,065 | +€63,661 | +22.9% |
| Equity | 10/15 | €47,887 | €47,805 | -€82 | -0.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €37,887 | €37,887 | = | 0.0% |
| Distributable reserves | 133 | €37,887 | €37,887 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€82 | -€82 | |
| Amounts payable | 17/49 | €230,517 | €294,260 | +€63,743 | +27.7% |
| Amounts payable after more than one year | 17 | €150,000 | €169,071 | +€19,071 | +12.7% |
| Financial debts | 170/4 | €150,000 | €169,071 | +€19,071 | +12.7% |
| Amounts payable within one year | 42/48 | €80,517 | €125,189 | +€44,672 | +55.5% |
| Current portion of amounts payable after more than one year | 42 | - | €11,858 | +€11,858 | |
| Trade debts | 44 | €47,980 | €75,391 | +€27,411 | +57.1% |
| Suppliers | 440/4 | €47,980 | €75,391 | +€27,411 | +57.1% |
| Taxes, remuneration and social security | 45 | €3,157 | €2,915 | -€242 | -7.7% |
| Taxes | 450/3 | €3,157 | €2,915 | -€242 | -7.7% |
| Other amounts payable | 47/48 | €29,380 | €35,025 | +€5,645 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,294 | €7,175 | -€119 | -1.6% |
| Other operating charges | 640/8 | €1,257 | €793 | -€464 | -36.9% |
| Gross operating margin | 9900 | €22,984 | €20,580 | -€2,404 | -10.5% |
| Operating profit (loss) | 9901 | €14,433 | €12,612 | -€1,821 | -12.6% |
| Financial income | 75/76B | €7 | €17 | +€10 | +142.9% |
| Recurring financial income | 75 | €7 | €17 | +€10 | +142.9% |
| Financial charges | 65/66B | €11,723 | €12,711 | +€988 | +8.4% |
| Recurring financial charges | 65 | €11,723 | €12,711 | +€988 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €2,717 | -€82 | -€2,799 | |
| Income taxes | 67/77 | €524 | - | -€524 | |
| Profit (loss) for the period | 9904 | €2,193 | -€82 | -€2,275 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,193 | -€82 | -€2,275 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.