PLUVAR: 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.
PLUVAR
Largest movements
- Receivables within one year +€14,473
up €14,473 (+118.7%), from €12,198 to €26,671
of which Other amounts receivable: +€11,197
- Cash -€12,742
down €12,742 (-63.2%), from €20,164 to €7,422
mainly Debts after one year (-€80,123) and Investment in fixed assets (net) (-€23,224)
- Debts after one year -€80,123
down €80,123 (-17.2%), from €466,184 to €386,062
- Trade debts +€55,382
up €55,382 (+177.8%), from €31,152 to €86,533
- Current portion of long-term debt +€20,471
up €20,471 (+34.3%), from €59,652 to €80,123
- Gross operating margin -€59,717
down €59,717 (-62.3%), from €95,895 to €36,177
- Taxes -€19,702
down €19,702 (-92.0%), from €21,411 to €1,709
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 | €1,075,411 | €1,076,852 | +€1,441 | +0.1% |
| Fixed assets | 21/28 | €1,043,049 | €1,042,325 | -€724 | -0.1% |
| Tangible fixed assets | 22/27 | €1,043,024 | €1,042,300 | -€724 | -0.1% |
| Land and buildings | 22 | €1,023,908 | €1,026,774 | +€2,865 | +0.3% |
| Plant, machinery and equipment | 23 | €2,312 | €1,991 | -€322 | -13.9% |
| Furniture and vehicles | 24 | €12,804 | €9,535 | -€3,268 | -25.5% |
| Other tangible fixed assets | 26 | €4,000 | €4,000 | = | 0.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €32,362 | €34,527 | +€2,166 | +6.7% |
| Amounts receivable within one year | 40/41 | €12,198 | €26,671 | +€14,473 | +118.7% |
| Trade receivables | 40 | €12,198 | €15,474 | +€3,276 | +26.9% |
| Other amounts receivable | 41 | €0 | €11,197 | +€11,197 | |
| Cash at bank and in hand | 54/58 | €20,164 | €7,422 | -€12,742 | -63.2% |
| Deferred charges and accrued income | 490/1 | - | €434 | +€434 | |
| Total equity and liabilities | 10/49 | €1,075,411 | €1,076,852 | +€1,441 | +0.1% |
| Equity | 10/15 | €268,055 | €272,118 | +€4,063 | +1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €249,455 | €253,518 | +€4,063 | +1.6% |
| Distributable reserves | 133 | €249,455 | €253,518 | +€4,063 | +1.6% |
| Amounts payable | 17/49 | €807,356 | €804,734 | -€2,622 | -0.3% |
| Amounts payable after more than one year | 17 | €466,184 | €386,062 | -€80,123 | -17.2% |
| Financial debts | 170/4 | €466,184 | €386,062 | -€80,123 | -17.2% |
| Amounts payable within one year | 42/48 | €341,172 | €418,672 | +€77,501 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €59,652 | €80,123 | +€20,471 | +34.3% |
| Trade debts | 44 | €31,152 | €86,533 | +€55,382 | +177.8% |
| Suppliers | 440/4 | €31,152 | €86,533 | +€55,382 | +177.8% |
| Taxes, remuneration and social security | 45 | €13,583 | €14,006 | +€424 | +3.1% |
| Taxes | 450/3 | €13,583 | €14,006 | +€424 | +3.1% |
| Other amounts payable | 47/48 | €236,785 | €238,010 | +€1,225 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,035 | €23,949 | +€914 | +4.0% |
| Other operating charges | 640/8 | €141 | €968 | +€827 | +588.6% |
| Gross operating margin | 9900 | €95,895 | €36,177 | -€59,717 | -62.3% |
| Operating profit (loss) | 9901 | €72,719 | €11,261 | -€61,458 | -84.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €5,793 | €5,489 | -€305 | -5.3% |
| Recurring financial charges | 65 | €5,793 | €5,489 | -€305 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €66,926 | €5,773 | -€61,154 | -91.4% |
| Income taxes | 67/77 | €21,411 | €1,709 | -€19,702 | -92.0% |
| Profit (loss) for the period | 9904 | €45,515 | €4,063 | -€41,452 | -91.1% |
| Profit (loss) for the period to be appropriated | 9905 | €45,515 | €4,063 | -€41,452 | -91.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.