PLUTUS MS: 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.
PLUTUS MS
Largest movements
- Stocks and contracts +€40,743
new in 2025: €40,743
- Receivables within one year +€20,959
up €20,959 (+1108.3%), from €1,891 to €22,850
of which Other amounts receivable: +€20,959
- Cash -€16,138
down €16,138 (-62.5%), from €25,822 to €9,684
mainly Stocks and contracts (-€40,743) and Receivables within one year (-€20,959)
- Tangible fixed assets -€2,777
down €2,777 (-17.7%), from €15,723 to €12,946
- Other debts +€39,866
up €39,866 (+14173.7%), from €281 to €40,148
- Trade debts +€13,629
up €13,629 (+423.0%), from €3,222 to €16,851
- Tax, wage and social debts -€13,004
down €13,004 (-81.9%), from €15,887 to €2,883
of which Taxes: -€13,004
- Profit (loss) carried forward +€2,256
up €2,256 (+15.8%), from €14,316 to €16,572
- Gross operating margin +€50,424
up €50,424, from -€42,767 to €7,657
- Other operating charges -€2,829
down €2,829 (-98.2%), from €2,881 to €52
- Financial charges +€1,560
up €1,560 (+182.2%), from €856 to €2,416
- Depreciation +€1,020
up €1,020 (+58.1%), from €1,757 to €2,777
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 | €43,706 | €86,493 | +€42,786 | +97.9% |
| Fixed assets | 21/28 | €15,993 | €13,216 | -€2,777 | -17.4% |
| Tangible fixed assets | 22/27 | €15,723 | €12,946 | -€2,777 | -17.7% |
| Furniture and vehicles | 24 | €15,723 | €12,946 | -€2,777 | -17.7% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €27,713 | €73,277 | +€45,564 | +164.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | - | €40,743 | +€40,743 | |
| Stocks | 30/36 | - | €40,743 | +€40,743 | |
| Amounts receivable within one year | 40/41 | €1,891 | €22,850 | +€20,959 | +1108.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,891 | €22,850 | +€20,959 | +1108.3% |
| Cash at bank and in hand | 54/58 | €25,822 | €9,684 | -€16,138 | -62.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €43,706 | €86,493 | +€42,786 | +97.9% |
| Equity | 10/15 | €24,316 | €26,572 | +€2,256 | +9.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,316 | €16,572 | +€2,256 | +15.8% |
| Amounts payable | 17/49 | €19,390 | €59,921 | +€40,531 | +209.0% |
| Amounts payable within one year | 42/48 | €19,390 | €59,921 | +€40,531 | +209.0% |
| Financial debts | 43 | - | €40 | +€40 | |
| Credit institutions | 430/8 | - | €40 | +€40 | |
| Trade debts | 44 | €3,222 | €16,851 | +€13,629 | +423.0% |
| Suppliers | 440/4 | €3,222 | €16,851 | +€13,629 | +423.0% |
| Taxes, remuneration and social security | 45 | €15,887 | €2,883 | -€13,004 | -81.9% |
| Taxes | 450/3 | €15,887 | €2,883 | -€13,004 | -81.9% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €281 | €40,148 | +€39,866 | +14173.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,757 | €2,777 | +€1,020 | +58.1% |
| Other operating charges | 640/8 | €2,881 | €52 | -€2,829 | -98.2% |
| Gross operating margin | 9900 | -€42,767 | €7,657 | +€50,424 | |
| Operating profit (loss) | 9901 | -€47,405 | €4,828 | +€52,233 | |
| Financial income | 75/76B | €2 | €2 | -€0 | -13.0% |
| Recurring financial income | 75 | €2 | €2 | -€0 | -13.0% |
| Financial charges | 65/66B | €856 | €2,416 | +€1,560 | +182.2% |
| Recurring financial charges | 65 | €856 | €2,416 | +€1,560 | +182.2% |
| Profit (loss) for the period before taxes | 9903 | -€48,259 | €2,414 | +€50,673 | |
| Income taxes | 67/77 | €0 | €159 | +€159 | |
| Profit (loss) for the period | 9904 | -€48,259 | €2,256 | +€50,514 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,259 | €2,256 | +€50,514 |
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 5 October 2026 via checked.be.