PLUVAER: 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.
PLUVAER
Largest movements
- Tangible fixed assets -€62,639
down €62,639 (-8.0%), from €786,764 to €724,124
- Cash -€44,356
down €44,356 (-27.3%), from €162,373 to €118,018
mainly Other debts (-€49,327) and Debts after one year (-€30,000)
- Receivables within one year -€27,530
down €27,530 (-68.5%), from €40,208 to €12,678
of which Trade receivables: -€28,970
- Other debts -€49,327
down €49,327 (-95.9%), from €51,457 to €2,130
- Debts after one year -€30,000
down €30,000 (-30.8%), from €97,500 to €67,500
- Reserves -€26,139
down €26,139 (-3.4%), from €767,257 to €741,118
of which Distributable reserves: -€26,139
- Tax, wage and social debts -€15,868
down €15,868 (-98.8%), from €16,066 to €198
of which Remuneration and social security: -€8,281
- Staff costs -€14,976
down €14,976 (-58.3%), from €25,679 to €10,703
- Gross operating margin -€11,389
down €11,389 (-14.3%), from €79,446 to €68,057
- Depreciation -€8,350
down €8,350 (-14.9%), from €55,862 to €47,512
- Financial charges +€1,736
up €1,736 (+89.1%), from €1,949 to €3,685
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 | €997,248 | €863,257 | -€133,990 | -13.4% |
| Fixed assets | 21/28 | €789,224 | €726,584 | -€62,639 | -7.9% |
| Tangible fixed assets | 22/27 | €786,764 | €724,124 | -€62,639 | -8.0% |
| Land and buildings | 22 | €589,769 | €575,885 | -€13,884 | -2.4% |
| Plant, machinery and equipment | 23 | €55,275 | €36,998 | -€18,276 | -33.1% |
| Furniture and vehicles | 24 | €8,888 | €4,803 | -€4,085 | -46.0% |
| Other tangible fixed assets | 26 | €132,832 | €106,438 | -€26,394 | -19.9% |
| Financial fixed assets | 28 | €2,460 | €2,460 | = | 0.0% |
| Current assets | 29/58 | €208,024 | €136,673 | -€71,351 | -34.3% |
| Stocks and contracts in progress | 3 | €1,613 | €1,235 | -€378 | -23.5% |
| Stocks | 30/36 | €1,613 | €1,235 | -€378 | -23.5% |
| Amounts receivable within one year | 40/41 | €40,208 | €12,678 | -€27,530 | -68.5% |
| Trade receivables | 40 | €37,153 | €8,182 | -€28,970 | -78.0% |
| Other amounts receivable | 41 | €3,055 | €4,496 | +€1,441 | +47.1% |
| Cash at bank and in hand | 54/58 | €162,373 | €118,018 | -€44,356 | -27.3% |
| Deferred charges and accrued income | 490/1 | €3,830 | €4,742 | +€912 | +23.8% |
| Total equity and liabilities | 10/49 | €997,248 | €863,257 | -€133,990 | -13.4% |
| Equity | 10/15 | €787,207 | €761,068 | -€26,139 | -3.3% |
| Contributions | 10/11 | €19,950 | €19,950 | = | 0.0% |
| Reserves | 13 | €767,257 | €741,118 | -€26,139 | -3.4% |
| Non-distributable reserves | 130/1 | €1,995 | €1,995 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,995 | €1,995 | = | 0.0% |
| Distributable reserves | 133 | €765,262 | €739,123 | -€26,139 | -3.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €210,040 | €102,189 | -€107,851 | -51.3% |
| Amounts payable after more than one year | 17 | €97,500 | €67,500 | -€30,000 | -30.8% |
| Financial debts | 170/4 | €97,500 | €67,500 | -€30,000 | -30.8% |
| Amounts payable within one year | 42/48 | €112,540 | €34,540 | -€78,000 | -69.3% |
| Current portion of amounts payable after more than one year | 42 | €37,338 | €30,000 | -€7,338 | -19.7% |
| Trade debts | 44 | €7,679 | €2,212 | -€5,467 | -71.2% |
| Suppliers | 440/4 | €7,679 | €2,212 | -€5,467 | -71.2% |
| Taxes, remuneration and social security | 45 | €16,066 | €198 | -€15,868 | -98.8% |
| Taxes | 450/3 | €7,785 | €198 | -€7,587 | -97.5% |
| Remuneration and social security | 454/9 | €8,281 | €0 | -€8,281 | -100.0% |
| Other amounts payable | 47/48 | €51,457 | €2,130 | -€49,327 | -95.9% |
| Accrued charges and deferred income | 492/3 | - | €149 | +€149 | |
| Non-recurring operating income | 76A | €0 | €24,235 | +€24,235 | |
| Remuneration, social security and pensions | 62 | €25,679 | €10,703 | -€14,976 | -58.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,862 | €47,512 | -€8,350 | -14.9% |
| Other operating charges | 640/8 | €7,726 | €8,075 | +€349 | +4.5% |
| Non-recurring operating charges | 66A | €0 | €25,506 | +€25,506 | |
| Gross operating margin | 9900 | €79,446 | €68,057 | -€11,389 | -14.3% |
| Operating profit (loss) | 9901 | -€9,821 | -€23,739 | -€13,917 | -141.7% |
| Financial income | 75/76B | €1,145 | €1,648 | +€503 | +43.9% |
| Recurring financial income | 75 | €1,145 | €1,648 | +€503 | +43.9% |
| Financial charges | 65/66B | €1,949 | €3,685 | +€1,736 | +89.1% |
| Recurring financial charges | 65 | €1,949 | €3,685 | +€1,736 | +89.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,626 | -€25,776 | -€15,151 | -142.6% |
| Income taxes | 67/77 | €704 | €363 | -€341 | -48.5% |
| Profit (loss) for the period | 9904 | -€11,330 | -€26,139 | -€14,809 | -130.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,330 | -€26,139 | -€14,809 | -130.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.