PLUBO: 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.
PLUBO
Largest movements
- Current investments +€40,721
up €40,721 (+47.5%), from €85,644 to €126,365
- Receivables within one year +€24,042
up €24,042 (+76.1%), from €31,609 to €55,650
of which Other amounts receivable: +€23,506
- Cash -€18,936
down €18,936 (-27.6%), from €68,692 to €49,756
mainly Current investments (-€40,721) and Receivables within one year (-€24,042)
- Tangible fixed assets -€11,530
down €11,530 (-36.4%), from €31,648 to €20,119
of which Land and buildings: -€8,760
- Reserves +€36,000
up €36,000 (+20.3%), from €177,200 to €213,200
- Depreciation -€7,111
down €7,111 (-38.1%), from €18,641 to €11,530
- Gross operating margin -€4,308
down €4,308 (-5.1%), from €84,587 to €80,279
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 | €224,248 | €260,186 | +€35,938 | +16.0% |
| Fixed assets | 21/28 | €31,648 | €20,119 | -€11,530 | -36.4% |
| Tangible fixed assets | 22/27 | €31,648 | €20,119 | -€11,530 | -36.4% |
| Land and buildings | 22 | €25,634 | €16,874 | -€8,760 | -34.2% |
| Furniture and vehicles | 24 | €6,014 | €3,245 | -€2,770 | -46.1% |
| Current assets | 29/58 | €192,599 | €240,067 | +€47,468 | +24.6% |
| Amounts receivable within one year | 40/41 | €31,609 | €55,650 | +€24,042 | +76.1% |
| Trade receivables | 40 | €16,545 | €17,081 | +€536 | +3.2% |
| Other amounts receivable | 41 | €15,063 | €38,569 | +€23,506 | +156% |
| Current investments | 50/53 | €85,644 | €126,365 | +€40,721 | +47.5% |
| Cash at bank and in hand | 54/58 | €68,692 | €49,756 | -€18,936 | -27.6% |
| Deferred charges and accrued income | 490/1 | €6,655 | €8,296 | +€1,641 | +24.7% |
| Total equity and liabilities | 10/49 | €224,248 | €260,186 | +€35,938 | +16.0% |
| Equity | 10/15 | €209,960 | €245,997 | +€36,037 | +17.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €177,200 | €213,200 | +€36,000 | +20.3% |
| Distributable reserves | 133 | €177,200 | €213,200 | +€36,000 | +20.3% |
| Profit (loss) carried forward | 14 | €12,760 | €12,797 | +€37 | +0.3% |
| Amounts payable | 17/49 | €14,288 | €14,189 | -€99 | -0.7% |
| Amounts payable within one year | 42/48 | €14,008 | €13,900 | -€108 | -0.8% |
| Trade debts | 44 | €1,711 | €3,182 | +€1,471 | +85.9% |
| Suppliers | 440/4 | €1,711 | €3,182 | +€1,471 | +85.9% |
| Taxes, remuneration and social security | 45 | €12,297 | €10,718 | -€1,579 | -12.8% |
| Taxes | 450/3 | €12,297 | €10,718 | -€1,579 | -12.8% |
| Accrued charges and deferred income | 492/3 | €280 | €290 | +€10 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,641 | €11,530 | -€7,111 | -38.1% |
| Other operating charges | 640/8 | €2,336 | €2,470 | +€135 | +5.8% |
| Gross operating margin | 9900 | €84,587 | €80,279 | -€4,308 | -5.1% |
| Operating profit (loss) | 9901 | €63,610 | €66,279 | +€2,668 | +4.2% |
| Financial income | 75/76B | €3,417 | €4,224 | +€807 | +23.6% |
| Recurring financial income | 75 | €3,417 | €4,224 | +€807 | +23.6% |
| Financial charges | 65/66B | €272 | €434 | +€162 | +59.6% |
| Recurring financial charges | 65 | €272 | €434 | +€162 | +59.6% |
| Profit (loss) for the period before taxes | 9903 | €66,756 | €70,069 | +€3,313 | +5.0% |
| Income taxes | 67/77 | €24,037 | €24,032 | -€5 | 0.0% |
| Profit (loss) for the period | 9904 | €42,719 | €46,037 | +€3,318 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €42,719 | €46,037 | +€3,318 | +7.8% |
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 28 October 2026 via checked.be.