PLV IMMO: 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.
PLV IMMO
Largest movements
- Receivables within one year +€97,684
up €97,684 (+6,512%), from €1,500 to €99,184
of which Other amounts receivable: +€97,643
- Tangible fixed assets -€74,712
down €74,712 (-6.1%), from €1.2m to €1.1m
- Short-term financial debts +€400,000
up €400,000, from €0 to €400,000
- Other debts -€321,018
down €321,018 (-92.8%), from €346,018 to €25,000
- Debts after one year -€70,004
down €70,004 (-10.7%), from €654,144 to €584,140
- Gross operating margin +€36,860
up €36,860 (+26.4%), from €139,443 to €176,303
- Taxes +€7,964
up €7,964, from -€464 to €7,500
- Financial charges -€7,120
down €7,120 (-14.4%), from €49,503 to €42,382
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 | €1,249,015 | €1,270,983 | +€21,967 | +1.8% |
| Fixed assets | 21/28 | €1,216,532 | €1,141,820 | -€74,712 | -6.1% |
| Tangible fixed assets | 22/27 | €1,216,532 | €1,141,820 | -€74,712 | -6.1% |
| Land and buildings | 22 | €1,216,532 | €1,141,820 | -€74,712 | -6.1% |
| Current assets | 29/58 | €32,483 | €129,162 | +€96,679 | +298% |
| Amounts receivable within one year | 40/41 | €1,500 | €99,184 | +€97,684 | +6,512% |
| Trade receivables | 40 | €0 | €41 | +€41 | |
| Other amounts receivable | 41 | €1,500 | €99,143 | +€97,643 | +6,510% |
| Cash at bank and in hand | 54/58 | €27,416 | €26,384 | -€1,033 | -3.8% |
| Deferred charges and accrued income | 490/1 | €3,567 | €3,595 | +€27 | +0.8% |
| Total equity and liabilities | 10/49 | €1,249,015 | €1,270,983 | +€21,967 | +1.8% |
| Equity | 10/15 | €178,849 | €182,414 | +€3,565 | +2.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €116,849 | €120,414 | +€3,565 | +3.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €110,649 | €114,214 | +€3,565 | +3.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,070,166 | €1,088,568 | +€18,402 | +1.7% |
| Amounts payable after more than one year | 17 | €654,144 | €584,140 | -€70,004 | -10.7% |
| Financial debts | 170/4 | €654,144 | €584,140 | -€70,004 | -10.7% |
| Amounts payable within one year | 42/48 | €416,022 | €501,043 | +€85,021 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €70,004 | €70,004 | = | 0.0% |
| Financial debts | 43 | €0 | €400,000 | +€400,000 | |
| Credit institutions | 430/8 | €0 | €400,000 | +€400,000 | |
| Trade debts | 44 | €0 | €39 | +€39 | |
| Suppliers | 440/4 | €0 | €39 | +€39 | |
| Taxes, remuneration and social security | 45 | - | €6,000 | +€6,000 | |
| Taxes | 450/3 | - | €6,000 | +€6,000 | |
| Other amounts payable | 47/48 | €346,018 | €25,000 | -€321,018 | -92.8% |
| Accrued charges and deferred income | 492/3 | - | €3,385 | +€3,385 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,712 | €74,712 | = | 0.0% |
| Other operating charges | 640/8 | €22,440 | €23,145 | +€705 | +3.1% |
| Gross operating margin | 9900 | €139,443 | €176,303 | +€36,860 | +26.4% |
| Operating profit (loss) | 9901 | €42,292 | €78,447 | +€36,155 | +85.5% |
| Financial charges | 65/66B | €49,503 | €42,382 | -€7,120 | -14.4% |
| Recurring financial charges | 65 | €49,503 | €42,382 | -€7,120 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,211 | €36,065 | +€43,276 | |
| Income taxes | 67/77 | -€464 | €7,500 | +€7,964 | |
| Profit (loss) for the period | 9904 | -€6,747 | €28,565 | +€35,312 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,747 | €28,565 | +€35,312 |
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 14 October 2026 via checked.be.