Event Pilots: 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.
Event Pilots
Largest movements
- Receivables within one year -€33,473
down €33,473 (-4.9%), from €679,308 to €645,835
of which Other amounts receivable: -€17,909
- Cash -€28,741
down €28,741 (-40.5%), from €70,886 to €42,145
mainly Trade debts (-€97,190) and Accrued charges and deferred income (-€30,480)
- Deferred charges and accrued income -€27,949
down €27,949 (-26.0%), from €107,431 to €79,482
- Tangible fixed assets -€12,362
down €12,362 (-16.2%), from €76,340 to €63,978
of which Furniture and vehicles: -€8,604
- Trade debts -€97,190
down €97,190 (-22.4%), from €433,982 to €336,792
- Tax, wage and social debts +€35,293
up €35,293 (+71.6%), from €49,291 to €84,584
of which Taxes: +€22,829
- Accrued charges and deferred income -€30,480
down €30,480 (-18.1%), from €168,772 to €138,292
- Debts after one year -€14,931
down €14,931 (-37.7%), from €39,635 to €24,704
- Reserves +€10,708
up €10,708 (+5.8%), from €184,305 to €195,013
- Gross operating margin -€159,934
down €159,934 (-25.8%), from €620,474 to €460,540
- Staff costs -€155,284
down €155,284 (-27.2%), from €570,432 to €415,148
- Other operating charges -€12,926
down €12,926 (-89.9%), from €14,387 to €1,460
- Depreciation +€10,298
up €10,298 (+130%), from €7,925 to €18,224
- Taxes -€6,496
down €6,496 (-44.0%), from €14,763 to €8,267
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 | €948,684 | €854,577 | -€94,108 | -9.9% |
| Fixed assets | 21/28 | €91,059 | €87,114 | -€3,945 | -4.3% |
| Intangible fixed assets | 21 | €14,720 | €23,137 | +€8,417 | +57.2% |
| Tangible fixed assets | 22/27 | €76,340 | €63,978 | -€12,362 | -16.2% |
| Land and buildings | 22 | €26,461 | €23,120 | -€3,341 | -12.6% |
| Plant, machinery and equipment | 23 | €4,224 | €3,807 | -€417 | -9.9% |
| Furniture and vehicles | 24 | €45,655 | €37,050 | -€8,604 | -18.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €857,625 | €767,462 | -€90,163 | -10.5% |
| Amounts receivable within one year | 40/41 | €679,308 | €645,835 | -€33,473 | -4.9% |
| Trade receivables | 40 | €659,629 | €644,065 | -€15,564 | -2.4% |
| Other amounts receivable | 41 | €19,679 | €1,770 | -€17,909 | -91.0% |
| Cash at bank and in hand | 54/58 | €70,886 | €42,145 | -€28,741 | -40.5% |
| Deferred charges and accrued income | 490/1 | €107,431 | €79,482 | -€27,949 | -26.0% |
| Total equity and liabilities | 10/49 | €948,684 | €854,577 | -€94,108 | -9.9% |
| Equity | 10/15 | €234,305 | €245,013 | +€10,708 | +4.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €184,305 | €195,013 | +€10,708 | +5.8% |
| Distributable reserves | 133 | €184,305 | €195,013 | +€10,708 | +5.8% |
| Amounts payable | 17/49 | €714,379 | €609,564 | -€104,815 | -14.7% |
| Amounts payable after more than one year | 17 | €39,635 | €24,704 | -€14,931 | -37.7% |
| Financial debts | 170/4 | €39,635 | €24,704 | -€14,931 | -37.7% |
| Amounts payable within one year | 42/48 | €505,972 | €446,567 | -€59,405 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €14,385 | €14,931 | +€546 | +3.8% |
| Financial debts | 43 | €8,315 | €2,760 | -€5,554 | -66.8% |
| Credit institutions | 430/8 | €8,315 | €2,760 | -€5,554 | -66.8% |
| Trade debts | 44 | €433,982 | €336,792 | -€97,190 | -22.4% |
| Suppliers | 440/4 | €433,982 | €336,792 | -€97,190 | -22.4% |
| Taxes, remuneration and social security | 45 | €49,291 | €84,584 | +€35,293 | +71.6% |
| Taxes | 450/3 | €26,298 | €49,127 | +€22,829 | +86.8% |
| Remuneration and social security | 454/9 | €22,993 | €35,457 | +€12,464 | +54.2% |
| Other amounts payable | 47/48 | - | €7,500 | +€7,500 | |
| Accrued charges and deferred income | 492/3 | €168,772 | €138,292 | -€30,480 | -18.1% |
| Non-recurring operating income | 76A | - | €530 | +€530 | |
| Remuneration, social security and pensions | 62 | €570,432 | €415,148 | -€155,284 | -27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,925 | €18,224 | +€10,298 | +130% |
| Other operating charges | 640/8 | €14,387 | €1,460 | -€12,926 | -89.9% |
| Non-recurring operating charges | 66A | €600 | €2,109 | +€1,509 | +251% |
| Gross operating margin | 9900 | €620,474 | €460,540 | -€159,934 | -25.8% |
| Operating profit (loss) | 9901 | €27,130 | €23,600 | -€3,531 | -13.0% |
| Financial income | 75/76B | €483 | €136 | -€348 | -72.0% |
| Recurring financial income | 75 | €483 | €136 | -€348 | -72.0% |
| Financial charges | 65/66B | €4,243 | €4,761 | +€517 | +12.2% |
| Recurring financial charges | 65 | €4,243 | €4,761 | +€517 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €23,370 | €18,974 | -€4,395 | -18.8% |
| Income taxes | 67/77 | €14,763 | €8,267 | -€6,496 | -44.0% |
| Profit (loss) for the period | 9904 | €8,607 | €10,708 | +€2,101 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,607 | €10,708 | +€2,101 | +24.4% |
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 23 October 2026 via checked.be.