PLUVERO: 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.
PLUVERO
Largest movements
- Tangible fixed assets -€37,156
down €37,156 (-8.2%), from €455,345 to €418,188
of which Land and buildings: -€28,402
- Receivables within one year +€35,613
up €35,613 (+26.5%), from €134,202 to €169,815
of which Trade receivables: +€30,517
- Cash +€19,127
up €19,127 (+205%), from €9,338 to €28,464
mainly Net result for the year (+€92,929) and Depreciation (+€65,737)
- Reserves +€92,929
up €92,929 (+83.7%), from €111,044 to €203,973
of which Tax-exempt reserves: +€54,730
- Debts after one year -€88,225
down €88,225 (-28.5%), from €309,083 to €220,858
of which Financial debts: -€55,725
- Other debts +€12,464
up €12,464, from €0 to €12,464
- Tax, wage and social debts -€9,937
down €9,937 (-93.0%), from €10,687 to €750
- Trade debts +€8,454
up €8,454 (+40.3%), from €20,960 to €29,414
- Gross operating margin +€92,931
up €92,931 (+73.6%), from €126,346 to €219,278
- Taxes +€26,071
up €26,071 (+250%), from €10,435 to €36,507
- Depreciation +€4,861
up €4,861 (+8.0%), from €60,875 to €65,737
- Financial charges -€2,299
down €2,299 (-16.4%), from €14,056 to €11,757
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 | €609,974 | €623,185 | +€13,211 | +2.2% |
| Formation expenses | 20 | €8,480 | €4,240 | -€4,240 | -50.0% |
| Fixed assets | 21/28 | €455,781 | €418,370 | -€37,411 | -8.2% |
| Intangible fixed assets | 21 | €437 | €181 | -€255 | -58.5% |
| Tangible fixed assets | 22/27 | €455,345 | €418,188 | -€37,156 | -8.2% |
| Land and buildings | 22 | €343,970 | €315,569 | -€28,402 | -8.3% |
| Plant, machinery and equipment | 23 | €4,436 | €19,313 | +€14,877 | +335% |
| Furniture and vehicles | 24 | €106,938 | €83,307 | -€23,631 | -22.1% |
| Current assets | 29/58 | €145,713 | €200,575 | +€54,862 | +37.7% |
| Amounts receivable within one year | 40/41 | €134,202 | €169,815 | +€35,613 | +26.5% |
| Trade receivables | 40 | €129,606 | €160,124 | +€30,517 | +23.5% |
| Other amounts receivable | 41 | €4,596 | €9,692 | +€5,096 | +111% |
| Cash at bank and in hand | 54/58 | €9,338 | €28,464 | +€19,127 | +205% |
| Deferred charges and accrued income | 490/1 | €2,172 | €2,295 | +€123 | +5.7% |
| Total equity and liabilities | 10/49 | €609,974 | €623,185 | +€13,211 | +2.2% |
| Equity | 10/15 | €211,044 | €303,973 | +€92,929 | +44.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €111,044 | €203,973 | +€92,929 | +83.7% |
| Tax-exempt reserves | 132 | - | €54,730 | +€54,730 | |
| Distributable reserves | 133 | €111,044 | €149,243 | +€38,199 | +34.4% |
| Amounts payable | 17/49 | €398,930 | €319,211 | -€79,718 | -20.0% |
| Amounts payable after more than one year | 17 | €309,083 | €220,858 | -€88,225 | -28.5% |
| Financial debts | 170/4 | €244,083 | €188,358 | -€55,725 | -22.8% |
| Other amounts payable | 178/9 | €65,000 | €32,500 | -€32,500 | -50.0% |
| Amounts payable within one year | 42/48 | €89,846 | €98,353 | +€8,507 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €58,200 | €55,725 | -€2,475 | -4.3% |
| Trade debts | 44 | €20,960 | €29,414 | +€8,454 | +40.3% |
| Suppliers | 440/4 | €20,960 | €29,414 | +€8,454 | +40.3% |
| Taxes, remuneration and social security | 45 | €10,687 | €750 | -€9,937 | -93.0% |
| Taxes | 450/3 | €10,687 | €750 | -€9,937 | -93.0% |
| Other amounts payable | 47/48 | €0 | €12,464 | +€12,464 | |
| Non-recurring operating income | 76A | €14,400 | €0 | -€14,400 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,875 | €65,737 | +€4,861 | +8.0% |
| Other operating charges | 640/8 | €11,951 | €12,353 | +€402 | +3.4% |
| Gross operating margin | 9900 | €126,346 | €219,278 | +€92,931 | +73.6% |
| Operating profit (loss) | 9901 | €53,520 | €141,188 | +€87,668 | +164% |
| Financial income | 75/76B | €41 | €5 | -€36 | -87.8% |
| Recurring financial income | 75 | €41 | €5 | -€36 | -87.8% |
| Financial charges | 65/66B | €14,056 | €11,757 | -€2,299 | -16.4% |
| Recurring financial charges | 65 | €14,056 | €11,757 | -€2,299 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €39,506 | €129,436 | +€89,930 | +228% |
| Income taxes | 67/77 | €10,435 | €36,507 | +€26,071 | +250% |
| Profit (loss) for the period | 9904 | €29,070 | €92,929 | +€63,859 | +220% |
| Transfer to tax-exempt reserves | 689 | - | €54,730 | +€54,730 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,070 | €38,199 | +€9,129 | +31.4% |
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 16 October 2026 via checked.be.