PPLAB: what changed
Two fiscal 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.
PPLAB
Largest movements
- Tangible fixed assets +€20,584
up €20,584 (+196.1%), from €10,498 to €31,081
of which Furniture and vehicles: +€21,246
- Cash +€16,345
up €16,345 (+72.8%), from €22,455 to €38,800
mainly Net result for the year (+€28,082) and Receivables within one year (+€13,305)
- Receivables within one year -€13,305
down €13,305 (-45.5%), from €29,267 to €15,963
of which Trade receivables: -€8,224
- Profit (loss) carried forward +€28,082
up €28,082 (+48.7%), from €57,635 to €85,717
- Trade debts -€10,830
down €10,830 (-58.8%), from €18,431 to €7,601
- Tax, wage and social debts +€7,972
up €7,972 (+311.7%), from €2,557 to €10,529
- Gross operating margin +€5,302
up €5,302 (+14.0%), from €37,771 to €43,073
- Depreciation +€2,326
up €2,326 (+80.5%), from €2,891 to €5,217
- Financial income +€1,032
up €1,032 (+4076.9%), from €25 to €1,057
- Financial charges +€974
up €974 (+182.6%), from €534 to €1,508
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 | €84,566 | €108,186 | +€23,620 | +27.9% |
| Fixed assets | 21/28 | €10,498 | €31,081 | +€20,584 | +196.1% |
| Tangible fixed assets | 22/27 | €10,498 | €31,081 | +€20,584 | +196.1% |
| Plant, machinery and equipment | 23 | €5,333 | €4,670 | -€662 | -12.4% |
| Furniture and vehicles | 24 | €5,165 | €26,411 | +€21,246 | +411.3% |
| Current assets | 29/58 | €74,068 | €77,105 | +€3,037 | +4.1% |
| Amounts receivable within one year | 40/41 | €29,267 | €15,963 | -€13,305 | -45.5% |
| Trade receivables | 40 | €14,718 | €6,494 | -€8,224 | -55.9% |
| Other amounts receivable | 41 | €14,550 | €9,469 | -€5,081 | -34.9% |
| Cash at bank and in hand | 54/58 | €22,455 | €38,800 | +€16,345 | +72.8% |
| Deferred charges and accrued income | 490/1 | €22,346 | €22,342 | -€4 | 0.0% |
| Total equity and liabilities | 10/49 | €84,566 | €108,186 | +€23,620 | +27.9% |
| Equity | 10/15 | €59,835 | €87,917 | +€28,082 | +46.9% |
| Contributions | 10/11 | €2,200 | €2,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,635 | €85,717 | +€28,082 | +48.7% |
| Amounts payable | 17/49 | €24,731 | €20,270 | -€4,462 | -18.0% |
| Amounts payable within one year | 42/48 | €21,848 | €18,238 | -€3,610 | -16.5% |
| Financial debts | 43 | - | €107 | +€107 | |
| Credit institutions | 430/8 | - | €107 | +€107 | |
| Trade debts | 44 | €18,431 | €7,601 | -€10,830 | -58.8% |
| Suppliers | 440/4 | €18,431 | €7,601 | -€10,830 | -58.8% |
| Taxes, remuneration and social security | 45 | €2,557 | €10,529 | +€7,972 | +311.7% |
| Taxes | 450/3 | €2,557 | €10,529 | +€7,972 | +311.7% |
| Other amounts payable | 47/48 | €859 | - | -€859 | |
| Accrued charges and deferred income | 492/3 | €2,884 | €2,032 | -€852 | -29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,891 | €5,217 | +€2,326 | +80.5% |
| Other operating charges | 640/8 | €1,038 | €861 | -€178 | -17.1% |
| Non-recurring operating charges | 66A | - | €459 | +€459 | |
| Gross operating margin | 9900 | €37,771 | €43,073 | +€5,302 | +14.0% |
| Operating profit (loss) | 9901 | €33,842 | €36,537 | +€2,695 | +8.0% |
| Financial income | 75/76B | €25 | €1,057 | +€1,032 | +4076.9% |
| Recurring financial income | 75 | €25 | €1,057 | +€1,032 | +4076.9% |
| Financial charges | 65/66B | €534 | €1,508 | +€974 | +182.6% |
| Recurring financial charges | 65 | €534 | €1,508 | +€974 | +182.6% |
| Profit (loss) for the period before taxes | 9903 | €33,334 | €36,086 | +€2,753 | +8.3% |
| Income taxes | 67/77 | €7,725 | €8,005 | +€280 | +3.6% |
| Profit (loss) for the period | 9904 | €25,609 | €28,082 | +€2,473 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,609 | €28,082 | +€2,473 | +9.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.