V.V.-PLASTICS: 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.
V.V.-PLASTICS
Largest movements
- Current investments -€402,378
down €402,378 (-100%), from €402,378 to €0
- Cash +€359,938
up €359,938 (+114%), from €314,843 to €674,781
mainly Current investments (+€402,378) and Net result for the year (+€215,831)
- Receivables within one year -€85,763
down €85,763 (-14.9%), from €576,827 to €491,064
of which Other amounts receivable: -€136,096
- Tangible fixed assets -€63,324
down €63,324 (-19.8%), from €319,156 to €255,833
of which Furniture and vehicles: -€42,945
- Other debts -€143,054
down €143,054 (-49.9%), from €286,891 to €143,837
- Trade debts -€91,740
down €91,740 (-79.0%), from €116,058 to €24,318
- Reserves +€43,415
up €43,415 (+3.5%), from €1.2m to €1.3m
of which Distributable reserves: +€43,415
- Gross operating margin +€116,799
up €116,799 (+29.4%), from €397,260 to €514,059
- Financial charges +€42,736
up €42,736 (+139%), from €30,707 to €73,442
- Staff costs +€21,417
up €21,417 (+24.1%), from €89,041 to €110,458
- Financial income -€16,863
down €16,863 (-20.3%), from €83,009 to €66,145
- Taxes +€15,047
up €15,047 (+16.5%), from €91,022 to €106,069
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 | €1,703,364 | €1,522,414 | -€180,950 | -10.6% |
| Fixed assets | 21/28 | €319,156 | €255,833 | -€63,324 | -19.8% |
| Tangible fixed assets | 22/27 | €319,156 | €255,833 | -€63,324 | -19.8% |
| Land and buildings | 22 | €111,307 | €104,353 | -€6,954 | -6.2% |
| Plant, machinery and equipment | 23 | €44,473 | €31,048 | -€13,425 | -30.2% |
| Furniture and vehicles | 24 | €163,376 | €120,431 | -€42,945 | -26.3% |
| Current assets | 29/58 | €1,384,208 | €1,266,582 | -€117,626 | -8.5% |
| Stocks and contracts in progress | 3 | €85,150 | €98,355 | +€13,205 | +15.5% |
| Stocks | 30/36 | €85,150 | €98,355 | +€13,205 | +15.5% |
| Amounts receivable within one year | 40/41 | €576,827 | €491,064 | -€85,763 | -14.9% |
| Trade receivables | 40 | €228,562 | €278,895 | +€50,333 | +22.0% |
| Other amounts receivable | 41 | €348,265 | €212,169 | -€136,096 | -39.1% |
| Current investments | 50/53 | €402,378 | €0 | -€402,378 | -100% |
| Cash at bank and in hand | 54/58 | €314,843 | €674,781 | +€359,938 | +114% |
| Deferred charges and accrued income | 490/1 | €5,010 | €2,382 | -€2,628 | -52.5% |
| Total equity and liabilities | 10/49 | €1,703,364 | €1,522,414 | -€180,950 | -10.6% |
| Equity | 10/15 | €1,230,487 | €1,273,902 | +€43,415 | +3.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,224,287 | €1,267,702 | +€43,415 | +3.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €35,600 | €35,600 | = | 0.0% |
| Distributable reserves | 133 | €1,188,687 | €1,232,102 | +€43,415 | +3.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €472,877 | €248,512 | -€224,365 | -47.4% |
| Amounts payable within one year | 42/48 | €472,877 | €248,512 | -€224,365 | -47.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €116,058 | €24,318 | -€91,740 | -79.0% |
| Suppliers | 440/4 | €116,058 | €24,318 | -€91,740 | -79.0% |
| Taxes, remuneration and social security | 45 | €69,928 | €80,357 | +€10,429 | +14.9% |
| Taxes | 450/3 | €51,900 | €59,150 | +€7,250 | +14.0% |
| Remuneration and social security | 454/9 | €18,027 | €21,207 | +€3,179 | +17.6% |
| Other amounts payable | 47/48 | €286,891 | €143,837 | -€143,054 | -49.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €89,041 | €110,458 | +€21,417 | +24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,020 | €71,424 | +€1,404 | +2.0% |
| Other operating charges | 640/8 | €2,719 | €2,980 | +€261 | +9.6% |
| Gross operating margin | 9900 | €397,260 | €514,059 | +€116,799 | +29.4% |
| Operating profit (loss) | 9901 | €235,481 | €329,197 | +€93,716 | +39.8% |
| Financial income | 75/76B | €83,009 | €66,145 | -€16,863 | -20.3% |
| Recurring financial income | 75 | €83,009 | €66,145 | -€16,863 | -20.3% |
| Financial charges | 65/66B | €30,707 | €73,442 | +€42,736 | +139% |
| Recurring financial charges | 65 | €30,707 | €73,442 | +€42,736 | +139% |
| Profit (loss) for the period before taxes | 9903 | €287,783 | €321,900 | +€34,117 | +11.9% |
| Income taxes | 67/77 | €91,022 | €106,069 | +€15,047 | +16.5% |
| Profit (loss) for the period | 9904 | €196,761 | €215,831 | +€19,070 | +9.7% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €196,761 | €215,831 | +€19,070 | +9.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.