SO PLUG: 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.
SO PLUG
Largest movements
- Cash -€1,393
down €1,393 (-26.3%), from €5,301 to €3,908
mainly Contributions, distributions and other (-€3,000) and Net result for the year (-€1,054)
- Receivables within one year +€86
new in 2025: €86
- Reserves -€3,000
no longer reported in 2025 (was €3,000)
- Other debts +€2,892
up €2,892 (+105.2%), from €2,749 to €5,641
- Profit (loss) carried forward -€1,054
down €1,054 (-67.3%), from €1,565 to €511
- Tax, wage and social debts -€211
no longer reported in 2025 (was €211)
- Gross operating margin -€3,549
down €3,549, from €3,112 to -€437
- Other operating charges +€94
up €94 (+19.7%), from €478 to €572
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 | €7,625 | €6,318 | -€1,307 | -17.1% |
| Current assets | 29/58 | €7,625 | €6,318 | -€1,307 | -17.1% |
| Stocks and contracts in progress | 3 | €2,324 | €2,324 | = | 0.0% |
| Stocks | 30/36 | €2,324 | €2,324 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €86 | +€86 | |
| Other amounts receivable | 41 | - | €86 | +€86 | |
| Cash at bank and in hand | 54/58 | €5,301 | €3,908 | -€1,393 | -26.3% |
| Total equity and liabilities | 10/49 | €7,625 | €6,318 | -€1,307 | -17.1% |
| Equity | 10/15 | €4,665 | €611 | -€4,054 | -86.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €3,000 | - | -€3,000 | |
| Distributable reserves | 133 | €3,000 | - | -€3,000 | |
| Profit (loss) carried forward | 14 | €1,565 | €511 | -€1,054 | -67.3% |
| Amounts payable | 17/49 | €2,960 | €5,707 | +€2,747 | +92.8% |
| Amounts payable within one year | 42/48 | €2,960 | €5,707 | +€2,747 | +92.8% |
| Trade debts | 44 | - | €66 | +€66 | |
| Suppliers | 440/4 | - | €66 | +€66 | |
| Taxes, remuneration and social security | 45 | €211 | - | -€211 | |
| Taxes | 450/3 | €211 | - | -€211 | |
| Other amounts payable | 47/48 | €2,749 | €5,641 | +€2,892 | +105.2% |
| Other operating charges | 640/8 | €478 | €572 | +€94 | +19.7% |
| Gross operating margin | 9900 | €3,112 | -€437 | -€3,549 | |
| Operating profit (loss) | 9901 | €2,634 | -€1,009 | -€3,643 | |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €2,589 | -€1,054 | -€3,643 | |
| Profit (loss) for the period | 9904 | €2,589 | -€1,054 | -€3,643 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,589 | -€1,054 | -€3,643 |
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 28 September 2026 via checked.be.