PLEX-WOOD: 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.
PLEX-WOOD
Largest movements
- Receivables within one year +€73,871
up €73,871 (+36.9%), from €200,000 to €273,871
- Cash -€10,382
down €10,382 (-94.7%), from €10,966 to €584
mainly Receivables within one year (-€73,871) and Provisions (-€49,065)
- Deferred charges and accrued income -€9,960
no longer reported in 2025 (was €9,960)
- Tax, wage and social debts +€68,437
new in 2025: €68,437
- Provisions -€49,065
no longer reported in 2025 (was €49,065)
- Profit (loss) carried forward +€42,522
no longer reported in 2025 (was -€42,522)
- Reserves -€9,792
down €9,792 (-6.7%), from €147,193 to €137,401
of which Tax-exempt reserves: -€147,193
- Taxes +€68,437
new in 2025: €68,437
- Gross operating margin +€45,877
up €45,877, from -€2,649 to €43,228
- Financial charges -€45,060
no longer reported in 2025 (was €45,060)
of which Non-recurring financial charges: -€45,036
- Financial income -€1,085
down €1,085 (-10.9%), from €9,960 to €8,875
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 | €220,926 | €274,454 | +€53,529 | +24.2% |
| Current assets | 29/58 | €220,926 | €274,454 | +€53,529 | +24.2% |
| Amounts receivable within one year | 40/41 | €200,000 | €273,871 | +€73,871 | +36.9% |
| Other amounts receivable | 41 | €200,000 | €273,871 | +€73,871 | +36.9% |
| Cash at bank and in hand | 54/58 | €10,966 | €584 | -€10,382 | -94.7% |
| Deferred charges and accrued income | 490/1 | €9,960 | - | -€9,960 | |
| Total equity and liabilities | 10/49 | €220,926 | €274,454 | +€53,529 | +24.2% |
| Equity | 10/15 | €124,752 | €157,482 | +€32,730 | +26.2% |
| Contributions | 10/11 | €20,081 | €20,081 | = | 0.0% |
| Reserves | 13 | €147,193 | €137,401 | -€9,792 | -6.7% |
| Tax-exempt reserves | 132 | €147,193 | - | -€147,193 | |
| Distributable reserves | 133 | - | €137,401 | +€137,401 | |
| Profit (loss) carried forward | 14 | -€42,522 | - | +€42,522 | |
| Provisions and deferred taxes | 16 | €49,065 | - | -€49,065 | |
| Deferred taxes | 168 | €49,065 | - | -€49,065 | |
| Amounts payable | 17/49 | €47,109 | €116,972 | +€69,863 | +148% |
| Amounts payable within one year | 42/48 | €47,109 | €116,972 | +€69,863 | +148% |
| Trade debts | 44 | €82 | €1,508 | +€1,426 | +1,733% |
| Suppliers | 440/4 | €82 | €1,508 | +€1,426 | +1,733% |
| Taxes, remuneration and social security | 45 | - | €68,437 | +€68,437 | |
| Taxes | 450/3 | - | €68,437 | +€68,437 | |
| Other amounts payable | 47/48 | €47,027 | €47,027 | = | 0.0% |
| Non-recurring operating income | 76A | - | €45,036 | +€45,036 | |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | -€2,649 | €43,228 | +€45,877 | |
| Operating profit (loss) | 9901 | -€3,033 | €43,228 | +€46,261 | |
| Financial income | 75/76B | €9,960 | €8,875 | -€1,085 | -10.9% |
| Recurring financial income | 75 | €9,960 | €8,875 | -€1,085 | -10.9% |
| Financial charges | 65/66B | €45,060 | - | -€45,060 | |
| Recurring financial charges | 65 | €24 | - | -€24 | |
| Non-recurring financial charges | 66B | €45,036 | - | -€45,036 | |
| Profit (loss) for the period before taxes | 9903 | -€38,133 | €52,102 | +€90,236 | |
| Transfer from deferred taxes | 780 | - | €49,065 | +€49,065 | |
| Income taxes | 67/77 | - | €68,437 | +€68,437 | |
| Profit (loss) for the period | 9904 | -€38,133 | €32,730 | +€70,863 | |
| Transfer from tax-exempt reserves | 789 | - | €147,193 | +€147,193 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,133 | €179,924 | +€218,057 |
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 17 October 2026 via checked.be.