PlusValor: 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.
PlusValor
Largest movements
- Cash +€194,654
up €194,654 (+1009.3%), from €19,285 to €213,939
mainly Current investments (+€145,000) and Other debts (+€119,756)
- Current investments -€145,000
down €145,000 (-87.3%), from €166,053 to €21,053
- Receivables within one year -€8,263
down €8,263 (-37.3%), from €22,146 to €13,883
of which Trade receivables: -€8,631
- Other debts +€119,756
up €119,756 (+2692.6%), from €4,448 to €124,203
- Profit (loss) carried forward -€73,062
down €73,062 (-100.0%), from €73,062 to €0
- Tax, wage and social debts -€26,399
down €26,399 (-80.6%), from €32,745 to €6,347
- Trade debts +€17,826
up €17,826 (+342.3%), from €5,208 to €23,034
- Short-term financial debts +€5,055
new in 2025: €5,055
- Gross operating margin -€30,576
down €30,576 (-33.4%), from €91,613 to €61,036
- Taxes -€6,316
down €6,316 (-29.2%), from €21,634 to €15,319
- Financial income -€1,315
down €1,315 (-35.6%), from €3,692 to €2,377
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 | €207,814 | €250,935 | +€43,121 | +20.7% |
| Current assets | 29/58 | €207,814 | €250,935 | +€43,121 | +20.7% |
| Amounts receivable within one year | 40/41 | €22,146 | €13,883 | -€8,263 | -37.3% |
| Trade receivables | 40 | €22,131 | €13,500 | -€8,631 | -39.0% |
| Other amounts receivable | 41 | €15 | €383 | +€368 | +2504.7% |
| Current investments | 50/53 | €166,053 | €21,053 | -€145,000 | -87.3% |
| Cash at bank and in hand | 54/58 | €19,285 | €213,939 | +€194,654 | +1009.3% |
| Deferred charges and accrued income | 490/1 | €330 | €2,060 | +€1,729 | +523.3% |
| Total equity and liabilities | 10/49 | €207,814 | €250,935 | +€43,121 | +20.7% |
| Equity | 10/15 | €165,183 | €92,121 | -€73,062 | -44.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €90,121 | €90,121 | = | 0.0% |
| Distributable reserves | 133 | €90,121 | €90,121 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,062 | €0 | -€73,062 | -100.0% |
| Amounts payable | 17/49 | €42,632 | €158,814 | +€116,183 | +272.5% |
| Amounts payable within one year | 42/48 | €42,401 | €158,639 | +€116,238 | +274.1% |
| Financial debts | 43 | - | €5,055 | +€5,055 | |
| Credit institutions | 430/8 | - | €5,055 | +€5,055 | |
| Trade debts | 44 | €5,208 | €23,034 | +€17,826 | +342.3% |
| Suppliers | 440/4 | €5,208 | €23,034 | +€17,826 | +342.3% |
| Taxes, remuneration and social security | 45 | €32,745 | €6,347 | -€26,399 | -80.6% |
| Taxes | 450/3 | €32,745 | €6,347 | -€26,399 | -80.6% |
| Other amounts payable | 47/48 | €4,448 | €124,203 | +€119,756 | +2692.6% |
| Accrued charges and deferred income | 492/3 | €230 | €175 | -€55 | -23.9% |
| Non-recurring operating income | 76A | - | €1,812 | +€1,812 | |
| Other operating charges | 640/8 | €314 | €712 | +€397 | +126.4% |
| Gross operating margin | 9900 | €91,613 | €61,036 | -€30,576 | -33.4% |
| Operating profit (loss) | 9901 | €91,299 | €60,325 | -€30,974 | -33.9% |
| Financial income | 75/76B | €3,692 | €2,377 | -€1,315 | -35.6% |
| Recurring financial income | 75 | €3,692 | €2,377 | -€1,315 | -35.6% |
| Financial charges | 65/66B | €294 | €441 | +€146 | +49.7% |
| Recurring financial charges | 65 | €294 | €441 | +€146 | +49.7% |
| Profit (loss) for the period before taxes | 9903 | €94,696 | €62,261 | -€32,435 | -34.3% |
| Income taxes | 67/77 | €21,634 | €15,319 | -€6,316 | -29.2% |
| Profit (loss) for the period | 9904 | €73,062 | €46,942 | -€26,120 | -35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €73,062 | €46,942 | -€26,120 | -35.8% |
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 29 September 2026 via checked.be.