PLUSVIEW: 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.
PLUSVIEW
Largest movements
- Receivables within one year -€25,360
down €25,360 (-66.9%), from €37,930 to €12,570
of which Other amounts receivable: -€22,545
- Tangible fixed assets -€12,910
down €12,910 (-36.4%), from €35,458 to €22,548
of which Furniture and vehicles: -€7,714
- Intangible fixed assets -€6,000
down €6,000 (-33.3%), from €18,000 to €12,000
- Stocks and contracts -€3,675
down €3,675 (-100%), from €3,675 to €0
- Reserves -€36,000
down €36,000 (-22.6%), from €159,500 to €123,500
of which Distributable reserves: -€36,000
- Tax, wage and social debts -€11,559
down €11,559 (-98.7%), from €11,712 to €153
of which Taxes: -€11,549
- Turnover -€47,411
down €47,411 (-37.4%), from €126,653 to €79,242
- Gross operating margin -€30,329
down €30,329, from €16,397 to -€13,933
- Purchases and services -€28,868
down €28,868 (-23.8%), from €121,387 to €92,519
- Staff costs -€11,311
down €11,311 (-97.9%), from €11,553 to €241
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 | €194,761 | €147,998 | -€46,763 | -24.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €53,458 | €34,548 | -€18,910 | -35.4% |
| Intangible fixed assets | 21 | €18,000 | €12,000 | -€6,000 | -33.3% |
| Tangible fixed assets | 22/27 | €35,458 | €22,548 | -€12,910 | -36.4% |
| Land and buildings | 22 | €2,101 | €1,499 | -€602 | -28.6% |
| Plant, machinery and equipment | 23 | €10,998 | €6,404 | -€4,594 | -41.8% |
| Furniture and vehicles | 24 | €22,360 | €14,646 | -€7,714 | -34.5% |
| Current assets | 29/58 | €141,302 | €113,450 | -€27,852 | -19.7% |
| Stocks and contracts in progress | 3 | €3,675 | €0 | -€3,675 | -100% |
| Contracts in progress | 37 | €3,675 | €0 | -€3,675 | -100% |
| Amounts receivable within one year | 40/41 | €37,930 | €12,570 | -€25,360 | -66.9% |
| Trade receivables | 40 | €11,843 | €9,028 | -€2,815 | -23.8% |
| Other amounts receivable | 41 | €26,087 | €3,542 | -€22,545 | -86.4% |
| Cash at bank and in hand | 54/58 | €99,697 | €100,880 | +€1,183 | +1.2% |
| Total equity and liabilities | 10/49 | €194,761 | €147,998 | -€46,763 | -24.0% |
| Equity | 10/15 | €179,243 | €143,094 | -€36,149 | -20.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €159,500 | €123,500 | -€36,000 | -22.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €157,500 | €121,500 | -€36,000 | -22.9% |
| Profit (loss) carried forward | 14 | €1,143 | €994 | -€149 | -13.1% |
| Amounts payable | 17/49 | €15,517 | €4,904 | -€10,613 | -68.4% |
| Amounts payable within one year | 42/48 | €15,517 | €4,904 | -€10,613 | -68.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,805 | €4,751 | +€946 | +24.9% |
| Suppliers | 440/4 | €3,805 | €4,751 | +€946 | +24.9% |
| Taxes, remuneration and social security | 45 | €11,712 | €153 | -€11,559 | -98.7% |
| Taxes | 450/3 | €11,702 | €153 | -€11,549 | -98.7% |
| Remuneration and social security | 454/9 | €10 | €0 | -€10 | -100% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Turnover | 70 | €126,653 | €79,242 | -€47,411 | -37.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €121,387 | €92,519 | -€28,868 | -23.8% |
| Remuneration, social security and pensions | 62 | €11,553 | €241 | -€11,311 | -97.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,435 | €19,488 | -€947 | -4.6% |
| Other operating charges | 640/8 | €969 | €2,171 | +€1,202 | +124% |
| Gross operating margin | 9900 | €16,397 | -€13,933 | -€30,329 | |
| Operating profit (loss) | 9901 | -€16,560 | -€35,833 | -€19,272 | -116% |
| Financial charges | 65/66B | €246 | €151 | -€95 | -38.6% |
| Recurring financial charges | 65 | €246 | €151 | -€95 | -38.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,806 | -€35,983 | -€19,177 | -114% |
| Income taxes | 67/77 | €144 | €166 | +€22 | +15.0% |
| Profit (loss) for the period | 9904 | -€16,950 | -€36,149 | -€19,199 | -113% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,950 | -€36,149 | -€19,199 | -113% |
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 13 October 2026 via checked.be.