PLV MOTOR: 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.
What changed
PLV MOTOR
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€393,776
2024 · €615,069-€221,293
Equity
€1.5m
2024 · €1.6m-€6,224
Cash
€174,762
2024 · €183,246-€8,484
Balance sheet total
€7.7m
2024 · €7.5m+€159,905
Largest movements
Assets
- Stocks and contracts +€543,906
up €543,906 (+15.9%), from €3.4m to €4.0m
- Receivables within one year -€372,309
down €372,309 (-12.0%), from €3.1m to €2.7m
of which Other amounts receivable: -€480,413
Equity and liabilities
- Trade debts +€1.0m
up €1.0m (+31.7%), from €3.3m to €4.4m
- Short-term financial debts -€914,925
down €914,925 (-69.3%), from €1.3m to €405,198
- Tax, wage and social debts -€152,822
down €152,822 (-56.7%), from €269,652 to €116,830
of which Taxes: -€136,817
- Advances received +€101,320
up €101,320 (+90.6%), from €111,878 to €213,197
- Other debts +€99,143
up €99,143 (+24.8%), from €400,000 to €499,143
Income statement
- Turnover -€3.9m
down €3.9m (-15.5%), from €24.9m to €21.0m
- Goods and materials -€3.9m
down €3.9m (-17.9%), from €21.5m to €17.7m
of which Change in stocks: decrease (increase): -€2.8m
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.
Result 2024
€615,069
Turnover
-€3.9m
Other operating income
-€21,364
Goods and materials
+€3.9m
Services and other goods
-€137,258
Staff costs
-€70,248
Depreciation
-€26,337
Write-downs
-€87,069
Other operating charges
-€9,379
Financial income
+€10,444
Financial charges
+€60,442
Taxes
+€73,798
Result 2025
€393,776
raises the resultlowers the result
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.
From operations
+€1.4m
Investment
-€104,602
Financing
-€1.3m
Cash 2024
€183,246
From operations (derived)
+€1.4m
Net result for the year
+€393,776
Depreciation
+€113,488
Stocks and contracts
-€543,906
Receivables within one year
+€372,309
Deferred charges and accrued income
-€5,678
Trade debts
+€1.0m
Tax, wage and social debts
-€152,822
Advances received
+€101,320
Other debts
+€99,143
Accrued charges and deferred income
-€3,613
Investment (derived)
-€104,602
Investment in fixed assets (net)
-€104,602
Financing
-€1.3m
Debts after one year
+€21,559
Current portion of long-term debt
-€33,192
Short-term financial debts
-€914,925
Contributions, distributions and other
-€400,000
Cash 2025
€174,762
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,549,813 | €7,709,718 | +€159,905 | +2.1% |
| Fixed assets | 21/28 | €793,565 | €784,679 | -€8,886 | -1.1% |
| Intangible fixed assets | 21 | €14,429 | €8,657 | -€5,771 | -40.0% |
| Tangible fixed assets | 22/27 | €779,137 | €776,022 | -€3,115 | -0.4% |
| Plant, machinery and equipment | 23 | €464,514 | €460,171 | -€4,342 | -0.9% |
| Furniture and vehicles | 24 | €24,549 | €26,131 | +€1,582 | +6.4% |
| Other tangible fixed assets | 26 | €290,074 | €289,720 | -€354 | -0.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Affiliated companies | 280/1 | €0 | - | = | |
| Amounts receivable | 281 | €0 | - | = | |
| Current assets | 29/58 | €6,756,248 | €6,925,039 | +€168,791 | +2.5% |
| Stocks and contracts in progress | 3 | €3,422,705 | €3,966,611 | +€543,906 | +15.9% |
| Stocks | 30/36 | €3,422,705 | €3,966,611 | +€543,906 | +15.9% |
| Goods purchased for resale | 34 | €3,422,705 | €3,966,611 | +€543,906 | +15.9% |
| Amounts receivable within one year | 40/41 | €3,111,882 | €2,739,573 | -€372,309 | -12.0% |
| Trade receivables | 40 | €1,159,430 | €1,267,534 | +€108,104 | +9.3% |
| Other amounts receivable | 41 | €1,952,451 | €1,472,039 | -€480,413 | -24.6% |
| Cash at bank and in hand | 54/58 | €183,246 | €174,762 | -€8,484 | -4.6% |
| Deferred charges and accrued income | 490/1 | €38,415 | €44,093 | +€5,678 | +14.8% |
| Total equity and liabilities | 10/49 | €7,549,813 | €7,709,718 | +€159,905 | +2.1% |
| Equity | 10/15 | €1,552,941 | €1,546,716 | -€6,224 | -0.4% |
| Contributions | 10/11 | €197,600 | €197,600 | = | 0.0% |
| Reserves | 13 | €21,000 | €21,000 | = | 0.0% |
| Distributable reserves | 133 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,334,341 | €1,328,116 | -€6,224 | -0.5% |
| Amounts payable | 17/49 | €5,996,873 | €6,163,002 | +€166,129 | +2.8% |
| Amounts payable after more than one year | 17 | €405,605 | €427,164 | +€21,559 | +5.3% |
| Financial debts | 170/4 | €405,605 | €427,164 | +€21,559 | +5.3% |
| Credit institutions | 173 | €405,605 | €427,164 | +€21,559 | +5.3% |
| Amounts payable within one year | 42/48 | €5,577,953 | €5,726,137 | +€148,183 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €169,959 | €136,767 | -€33,192 | -19.5% |
| Financial debts | 43 | €1,320,122 | €405,198 | -€914,925 | -69.3% |
| Credit institutions | 430/8 | €1,320,122 | €405,198 | -€914,925 | -69.3% |
| Trade debts | 44 | €3,306,343 | €4,355,002 | +€1.0m | +31.7% |
| Suppliers | 440/4 | €3,306,343 | €4,355,002 | +€1.0m | +31.7% |
| Advances received on contracts in progress | 46 | €111,878 | €213,197 | +€101,320 | +90.6% |
| Taxes, remuneration and social security | 45 | €269,652 | €116,830 | -€152,822 | -56.7% |
| Taxes | 450/3 | €143,823 | €7,006 | -€136,817 | -95.1% |
| Remuneration and social security | 454/9 | €125,829 | €109,824 | -€16,005 | -12.7% |
| Other amounts payable | 47/48 | €400,000 | €499,143 | +€99,143 | +24.8% |
| Accrued charges and deferred income | 492/3 | €13,314 | €9,701 | -€3,613 | -27.1% |
| Operating income | 70/76A | €24,995,356 | €21,108,227 | -€3.9m | -15.6% |
| Turnover | 70 | €24,884,655 | €21,018,890 | -€3.9m | -15.5% |
| Other operating income | 74 | €110,701 | €89,337 | -€21,364 | -19.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €23,929,340 | €20,408,188 | -€3.5m | -14.7% |
| Goods for resale, raw materials and consumables | 60 | €21,527,748 | €17,676,305 | -€3.9m | -17.9% |
| Purchases | 600/8 | €19,377,191 | €18,295,456 | -€1.1m | -5.6% |
| Change in stocks: decrease (increase) | 609 | €2,150,557 | -€619,151 | -€2.8m | |
| Services and other goods | 61 | €1,320,284 | €1,457,542 | +€137,258 | +10.4% |
| Remuneration, social security and pensions | 62 | €978,145 | €1,048,393 | +€70,248 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,151 | €113,488 | +€26,337 | +30.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€8,798 | €78,271 | +€87,069 | |
| Other operating charges | 640/8 | €24,810 | €34,189 | +€9,379 | +37.8% |
| Operating profit (loss) | 9901 | €1,066,016 | €700,039 | -€365,977 | -34.3% |
| Financial income | 75/76B | €44,700 | €55,144 | +€10,444 | +23.4% |
| Recurring financial income | 75 | €44,700 | €55,144 | +€10,444 | +23.4% |
| Income from financial fixed assets | 750 | €2,072 | €362 | -€1,709 | -82.5% |
| Income from current assets | 751 | €42,548 | €54,782 | +€12,234 | +28.8% |
| Other financial income | 752/9 | €80 | €0 | -€80 | -100% |
| Financial charges | 65/66B | €268,644 | €208,202 | -€60,442 | -22.5% |
| Recurring financial charges | 65 | €268,644 | €208,202 | -€60,442 | -22.5% |
| Debt charges | 650 | €258,078 | €197,964 | -€60,114 | -23.3% |
| Other financial charges | 652/9 | €10,566 | €10,238 | -€328 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €842,072 | €546,981 | -€295,091 | -35.0% |
| Income taxes | 67/77 | €227,003 | €153,205 | -€73,798 | -32.5% |
| Taxes | 670/3 | €227,003 | €153,300 | -€73,703 | -32.5% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | €95 | +€95 | |
| Profit (loss) for the period | 9904 | €615,069 | €393,776 | -€221,293 | -36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €615,069 | €393,776 | -€221,293 | -36.0% |
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 24 October 2026 via checked.be.