PLUVIO: 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.
PLUVIO
Largest movements
- Receivables within one year +€39,201
up €39,201 (+458.6%), from €8,548 to €47,749
of which Trade receivables: +€22,724
- Cash -€7,970
down €7,970 (-93.1%), from €8,556 to €587
mainly Receivables within one year (-€39,201) and Current portion of long-term debt (-€5,458)
- Stocks and contracts +€5,142
up €5,142 (+12.2%), from €42,011 to €47,153
- Tangible fixed assets -€4,203
down €4,203 (-66.8%), from €6,292 to €2,088
of which Leasing and similar rights: -€6,292
- Other debts +€32,781
up €32,781 (+20.6%), from €159,456 to €192,237
- Trade debts +€6,442
up €6,442 (+64.1%), from €10,051 to €16,492
- Current portion of long-term debt -€5,458
down €5,458 (-100.0%), from €5,458 to €0
- Tax, wage and social debts -€4,298
down €4,298 (-99.7%), from €4,312 to €14
of which Taxes: -€4,298
- Advances received +€1,803
new in 2025: €1,803
- Gross operating margin -€13,582
down €13,582 (-43.2%), from €31,462 to €17,880
- Staff costs -€4,855
down €4,855 (-100.0%), from €4,855 to €0
- Depreciation -€2,890
down €2,890 (-28.2%), from €10,258 to €7,368
- Financial charges +€680
up €680 (+7.3%), from €9,265 to €9,944
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 | €67,353 | €98,249 | +€30,897 | +45.9% |
| Fixed assets | 21/28 | €7,149 | €2,088 | -€5,061 | -70.8% |
| Intangible fixed assets | 21 | €858 | €0 | -€858 | -100.0% |
| Tangible fixed assets | 22/27 | €6,292 | €2,088 | -€4,203 | -66.8% |
| Plant, machinery and equipment | 23 | - | €2,088 | +€2,088 | |
| Leasing and similar rights | 25 | €6,292 | €0 | -€6,292 | -100.0% |
| Current assets | 29/58 | €60,203 | €96,161 | +€35,958 | +59.7% |
| Stocks and contracts in progress | 3 | €42,011 | €47,153 | +€5,142 | +12.2% |
| Stocks | 30/36 | €42,011 | €47,153 | +€5,142 | +12.2% |
| Amounts receivable within one year | 40/41 | €8,548 | €47,749 | +€39,201 | +458.6% |
| Trade receivables | 40 | €776 | €23,500 | +€22,724 | +2929.9% |
| Other amounts receivable | 41 | €7,773 | €24,249 | +€16,476 | +212.0% |
| Cash at bank and in hand | 54/58 | €8,556 | €587 | -€7,970 | -93.1% |
| Deferred charges and accrued income | 490/1 | €1,088 | €673 | -€415 | -38.2% |
| Total equity and liabilities | 10/49 | €67,353 | €98,249 | +€30,897 | +45.9% |
| Equity | 10/15 | -€119,620 | -€119,668 | -€48 | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€129,620 | -€129,668 | -€48 | 0.0% |
| Amounts payable | 17/49 | €186,973 | €217,917 | +€30,944 | +16.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €179,276 | €210,546 | +€31,269 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €5,458 | €0 | -€5,458 | -100.0% |
| Trade debts | 44 | €10,051 | €16,492 | +€6,442 | +64.1% |
| Suppliers | 440/4 | €10,051 | €16,492 | +€6,442 | +64.1% |
| Advances received on contracts in progress | 46 | - | €1,803 | +€1,803 | |
| Taxes, remuneration and social security | 45 | €4,312 | €14 | -€4,298 | -99.7% |
| Taxes | 450/3 | €4,312 | €14 | -€4,298 | -99.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €159,456 | €192,237 | +€32,781 | +20.6% |
| Accrued charges and deferred income | 492/3 | €7,696 | €7,371 | -€325 | -4.2% |
| Remuneration, social security and pensions | 62 | €4,855 | €0 | -€4,855 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,258 | €7,368 | -€2,890 | -28.2% |
| Other operating charges | 640/8 | €1,321 | €1,106 | -€215 | -16.3% |
| Gross operating margin | 9900 | €31,462 | €17,880 | -€13,582 | -43.2% |
| Operating profit (loss) | 9901 | €15,028 | €9,406 | -€5,622 | -37.4% |
| Financial income | 75/76B | €757 | €490 | -€267 | -35.2% |
| Recurring financial income | 75 | €757 | €490 | -€267 | -35.2% |
| Financial charges | 65/66B | €9,265 | €9,944 | +€680 | +7.3% |
| Recurring financial charges | 65 | €9,265 | €9,944 | +€680 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €6,521 | -€48 | -€6,569 | |
| Income taxes | 67/77 | €14 | €0 | -€14 | -100.0% |
| Profit (loss) for the period | 9904 | €6,507 | -€48 | -€6,555 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,507 | -€48 | -€6,555 |
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 9 October 2026 via checked.be.