PPLEFLOW: 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.
PPLEFLOW
Largest movements
- Intangible fixed assets +€438,366
up €438,366 (+287%), from €152,665 to €591,031
- Cash +€46,164
up €46,164 (+222%), from €20,755 to €66,919
mainly Debts after one year (+€443,857) and Trade debts (+€84,512)
- Receivables within one year +€13,396
up €13,396 (+1,432%), from €935 to €14,331
of which Other amounts receivable: +€12,670
- Stocks and contracts -€7,150
down €7,150 (-64.1%), from €11,150 to €4,000
- Debts after one year +€443,857
new in 2025: €443,857
- Trade debts +€84,512
up €84,512 (+260%), from €32,531 to €117,043
- Profit (loss) carried forward -€35,993
down €35,993, from €495 to -€35,498
- Depreciation +€23,428
new in 2025: €23,428
- Gross operating margin -€14,573
down €14,573, from €2,197 to -€12,377
- Other operating charges -€1,917
no longer reported in 2025 (was €1,917)
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 | €185,505 | €679,481 | +€493,976 | +266% |
| Fixed assets | 21/28 | €152,665 | €594,231 | +€441,566 | +289% |
| Intangible fixed assets | 21 | €152,665 | €591,031 | +€438,366 | +287% |
| Financial fixed assets | 28 | - | €3,200 | +€3,200 | |
| Current assets | 29/58 | €32,840 | €85,250 | +€52,410 | +160% |
| Stocks and contracts in progress | 3 | €11,150 | €4,000 | -€7,150 | -64.1% |
| Contracts in progress | 37 | €11,150 | €4,000 | -€7,150 | -64.1% |
| Amounts receivable within one year | 40/41 | €935 | €14,331 | +€13,396 | +1,432% |
| Trade receivables | 40 | - | €726 | +€726 | |
| Other amounts receivable | 41 | €935 | €13,605 | +€12,670 | +1,355% |
| Cash at bank and in hand | 54/58 | €20,755 | €66,919 | +€46,164 | +222% |
| Total equity and liabilities | 10/49 | €185,505 | €679,481 | +€493,976 | +266% |
| Equity | 10/15 | €150,495 | €114,502 | -€35,993 | -23.9% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €495 | -€35,498 | -€35,993 | |
| Amounts payable | 17/49 | €35,010 | €564,979 | +€529,969 | +1,514% |
| Amounts payable after more than one year | 17 | - | €443,857 | +€443,857 | |
| Financial debts | 170/4 | - | €443,857 | +€443,857 | |
| Amounts payable within one year | 42/48 | €35,010 | €119,522 | +€84,512 | +241% |
| Trade debts | 44 | €32,531 | €117,043 | +€84,512 | +260% |
| Suppliers | 440/4 | €32,531 | €117,043 | +€84,512 | +260% |
| Other amounts payable | 47/48 | €2,479 | €2,479 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,600 | +€1,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €23,428 | +€23,428 | |
| Other operating charges | 640/8 | €1,917 | - | -€1,917 | |
| Gross operating margin | 9900 | €2,197 | -€12,377 | -€14,573 | |
| Operating profit (loss) | 9901 | €279 | -€35,805 | -€36,084 | |
| Financial charges | 65/66B | €137 | €152 | +€16 | +11.4% |
| Recurring financial charges | 65 | €137 | €152 | +€16 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | €142 | -€35,957 | -€36,100 | |
| Income taxes | 67/77 | €118 | €36 | -€82 | -69.7% |
| Profit (loss) for the period | 9904 | €25 | -€35,993 | -€36,018 | |
| Profit (loss) for the period to be appropriated | 9905 | €25 | -€35,993 | -€36,018 |
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.