PUTTEPLANT: 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.
PUTTEPLANT
Largest movements
- Cash -€55,574
down €55,574 (-39.8%), from €139,561 to €83,987
mainly Investment in fixed assets (net) (-€34,586) and Debts after one year (-€30,000)
- Tangible fixed assets +€10,398
up €10,398 (+5.3%), from €195,292 to €205,690
of which Furniture and vehicles: +€28,122
- Receivables within one year -€6,551
down €6,551 (-25.4%), from €25,768 to €19,217
of which Trade receivables: -€8,455
- Debts after one year -€30,000
down €30,000 (-50.0%), from €60,000 to €30,000
- Profit (loss) carried forward -€28,937
down €28,937 (-78.2%), from -€36,982 to -€65,919
- Other debts +€22,627
up €22,627 (+10.1%), from €223,421 to €246,048
- Trade debts -€8,368
down €8,368 (-85.8%), from €9,757 to €1,389
- Gross operating margin -€40,991
down €40,991 (-23.8%), from €171,986 to €130,995
- Depreciation -€6,947
down €6,947 (-22.3%), from €31,142 to €24,195
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 | €473,864 | €426,136 | -€47,728 | -10.1% |
| Fixed assets | 21/28 | €195,299 | €205,690 | +€10,391 | +5.3% |
| Intangible fixed assets | 21 | €7 | €0 | -€7 | -100.0% |
| Tangible fixed assets | 22/27 | €195,292 | €205,690 | +€10,398 | +5.3% |
| Land and buildings | 22 | €110,000 | €110,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €79,520 | €61,795 | -€17,724 | -22.3% |
| Furniture and vehicles | 24 | €5,773 | €33,895 | +€28,122 | +487.1% |
| Current assets | 29/58 | €278,565 | €220,446 | -€58,119 | -20.9% |
| Stocks and contracts in progress | 3 | €109,680 | €113,226 | +€3,546 | +3.2% |
| Stocks | 30/36 | €109,680 | €113,226 | +€3,546 | +3.2% |
| Amounts receivable within one year | 40/41 | €25,768 | €19,217 | -€6,551 | -25.4% |
| Trade receivables | 40 | €23,176 | €14,721 | -€8,455 | -36.5% |
| Other amounts receivable | 41 | €2,591 | €4,496 | +€1,905 | +73.5% |
| Cash at bank and in hand | 54/58 | €139,561 | €83,987 | -€55,574 | -39.8% |
| Deferred charges and accrued income | 490/1 | €3,557 | €4,017 | +€460 | +12.9% |
| Total equity and liabilities | 10/49 | €473,864 | €426,136 | -€47,728 | -10.1% |
| Equity | 10/15 | €113,581 | €84,644 | -€28,937 | -25.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €140,563 | €140,563 | = | 0.0% |
| Non-distributable reserves | 130/1 | €55,996 | €55,996 | = | 0.0% |
| Reserves not available under the articles | 1311 | €55,996 | €55,996 | = | 0.0% |
| Tax-exempt reserves | 132 | €84,567 | €84,567 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,982 | -€65,919 | -€28,937 | -78.2% |
| Provisions and deferred taxes | 16 | €21,142 | €21,142 | = | 0.0% |
| Deferred taxes | 168 | €21,142 | €21,142 | = | 0.0% |
| Amounts payable | 17/49 | €339,141 | €320,351 | -€18,790 | -5.5% |
| Amounts payable after more than one year | 17 | €60,000 | €30,000 | -€30,000 | -50.0% |
| Other amounts payable | 178/9 | €60,000 | €30,000 | -€30,000 | -50.0% |
| Amounts payable within one year | 42/48 | €279,141 | €290,351 | +€11,210 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €9,757 | €1,389 | -€8,368 | -85.8% |
| Suppliers | 440/4 | €9,757 | €1,389 | -€8,368 | -85.8% |
| Taxes, remuneration and social security | 45 | €15,963 | €12,914 | -€3,049 | -19.1% |
| Taxes | 450/3 | €3,773 | €1,808 | -€1,965 | -52.1% |
| Remuneration and social security | 454/9 | €12,190 | €11,106 | -€1,084 | -8.9% |
| Other amounts payable | 47/48 | €223,421 | €246,048 | +€22,627 | +10.1% |
| Non-recurring operating income | 76A | €108,726 | €12,556 | -€96,170 | -88.5% |
| Remuneration, social security and pensions | 62 | €103,767 | €103,450 | -€317 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,142 | €24,195 | -€6,947 | -22.3% |
| Other operating charges | 640/8 | €728 | €1,554 | +€825 | +113.3% |
| Non-recurring operating charges | 66A | €4,927 | €30,442 | +€25,515 | +517.8% |
| Gross operating margin | 9900 | €171,986 | €130,995 | -€40,991 | -23.8% |
| Operating profit (loss) | 9901 | €31,422 | -€28,645 | -€60,067 | |
| Financial income | 75/76B | €1,485 | €55 | -€1,430 | -96.3% |
| Recurring financial income | 75 | €1,485 | €55 | -€1,430 | -96.3% |
| Financial charges | 65/66B | €69 | €56 | -€13 | -18.9% |
| Recurring financial charges | 65 | €69 | €56 | -€13 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €32,838 | -€28,646 | -€61,484 | |
| Transfer to deferred taxes | 680 | €21,142 | €0 | -€21,142 | -100.0% |
| Income taxes | 67/77 | €278 | €291 | +€13 | +4.8% |
| Profit (loss) for the period | 9904 | €11,418 | -€28,937 | -€40,356 | |
| Transfer to tax-exempt reserves | 689 | €84,567 | €0 | -€84,567 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€73,149 | -€28,937 | +€44,212 | +60.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.