About Update | WordPress.org

I want to ask a question about updates. What problem will occur if I do not do the updates? What would be the negative consequences of this?

The updates I don’t want to do are not WordPress. It is also not basic plugins like Woocommerce. I’m talking about other plugins I use. For example, like the refurn plugin.

Why don’t I want to update?
I have to make many changes to the plugin files. Most changes are text content that I don’t translate to another language with plugins (eg Loco Translate). However, I also need to make changes to the php files. Of course, with any update these are deleted.
Thank you in advance for your reply.
Best regards.

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