PLUVAMEC: 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.
PLUVAMEC
Largest movements
- Cash +€753,010
up €753,010 (+85.1%), from €884,506 to €1.6m
mainly Net result for the year (+€843,259) and Other debts (+€189,164)
- Current investments -€88,802
down €88,802 (-12.7%), from €700,000 to €611,198
- Tangible fixed assets -€47,731
down €47,731 (-13.0%), from €368,413 to €320,682
of which Land and buildings: -€49,939
- Reserves +€643,259
up €643,259 (+35.8%), from €1.8m to €2.4m
of which Distributable reserves: +€643,259
- Other debts +€189,164
up €189,164 (+3231.7%), from €5,853 to €195,018
- Trade debts -€178,599
down €178,599 (-75.5%), from €236,458 to €57,859
- Tax, wage and social debts +€45,201
up €45,201 (+101.2%), from €44,659 to €89,860
of which Taxes: +€40,348
- Debts after one year -€37,931
down €37,931 (-26.7%), from €142,241 to €104,310
- Gross operating margin +€383,205
up €383,205 (+49.0%), from €782,781 to €1.2m
- Taxes +€108,765
up €108,765 (+64.4%), from €168,980 to €277,745
- Financial income +€31,211
up €31,211 (+14229.9%), from €219 to €31,430
- Depreciation -€23,080
down €23,080 (-28.2%), from €81,802 to €58,722
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 | €2,284,847 | €2,945,941 | +€661,094 | +28.9% |
| Fixed assets | 21/28 | €370,013 | €322,282 | -€47,731 | -12.9% |
| Tangible fixed assets | 22/27 | €368,413 | €320,682 | -€47,731 | -13.0% |
| Land and buildings | 22 | €319,864 | €269,926 | -€49,939 | -15.6% |
| Plant, machinery and equipment | 23 | €48,549 | €50,756 | +€2,207 | +4.5% |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €1,914,834 | €2,623,659 | +€708,825 | +37.0% |
| Stocks and contracts in progress | 3 | €237,315 | €264,964 | +€27,649 | +11.7% |
| Stocks | 30/36 | €237,315 | €264,964 | +€27,649 | +11.7% |
| Amounts receivable within one year | 40/41 | €77,466 | €103,801 | +€26,335 | +34.0% |
| Trade receivables | 40 | €41,857 | €70,556 | +€28,699 | +68.6% |
| Other amounts receivable | 41 | €35,609 | €33,245 | -€2,364 | -6.6% |
| Current investments | 50/53 | €700,000 | €611,198 | -€88,802 | -12.7% |
| Cash at bank and in hand | 54/58 | €884,506 | €1,637,516 | +€753,010 | +85.1% |
| Deferred charges and accrued income | 490/1 | €15,547 | €6,180 | -€9,367 | -60.3% |
| Total equity and liabilities | 10/49 | €2,284,847 | €2,945,941 | +€661,094 | +28.9% |
| Equity | 10/15 | €1,817,704 | €2,460,963 | +€643,259 | +35.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,799,104 | €2,442,363 | +€643,259 | +35.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,799,104 | €2,442,363 | +€643,259 | +35.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €467,143 | €484,978 | +€17,835 | +3.8% |
| Amounts payable after more than one year | 17 | €142,241 | €104,310 | -€37,931 | -26.7% |
| Financial debts | 170/4 | €142,241 | €104,310 | -€37,931 | -26.7% |
| Amounts payable within one year | 42/48 | €324,901 | €380,668 | +€55,766 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €37,931 | €37,931 | = | 0.0% |
| Trade debts | 44 | €236,458 | €57,859 | -€178,599 | -75.5% |
| Suppliers | 440/4 | €236,458 | €57,859 | -€178,599 | -75.5% |
| Taxes, remuneration and social security | 45 | €44,659 | €89,860 | +€45,201 | +101.2% |
| Taxes | 450/3 | €44,659 | €85,007 | +€40,348 | +90.3% |
| Remuneration and social security | 454/9 | - | €4,853 | +€4,853 | |
| Other amounts payable | 47/48 | €5,853 | €195,018 | +€189,164 | +3231.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,802 | €58,722 | -€23,080 | -28.2% |
| Other operating charges | 640/8 | €10,313 | €8,242 | -€2,071 | -20.1% |
| Gross operating margin | 9900 | €782,781 | €1,165,986 | +€383,205 | +49.0% |
| Operating profit (loss) | 9901 | €690,666 | €1,099,022 | +€408,356 | +59.1% |
| Financial income | 75/76B | €219 | €31,430 | +€31,211 | +14229.9% |
| Recurring financial income | 75 | €219 | €31,430 | +€31,211 | +14229.9% |
| Financial charges | 65/66B | €11,508 | €9,449 | -€2,059 | -17.9% |
| Recurring financial charges | 65 | €11,508 | €9,449 | -€2,059 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €679,378 | €1,121,004 | +€441,626 | +65.0% |
| Income taxes | 67/77 | €168,980 | €277,745 | +€108,765 | +64.4% |
| Profit (loss) for the period | 9904 | €510,398 | €843,259 | +€332,861 | +65.2% |
| Profit (loss) for the period to be appropriated | 9905 | €510,398 | €843,259 | +€332,861 | +65.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.