FinPilot: what changed
What changed
FinPilot
NACE 69.201, Certified accountants and tax accountants
filed annual accounts (NBB)
Net result for the year
-€42,280
2024 · €29,560-€71,840
Equity
€1.7m
2024 · €1.8m-€42,280
Cash
€180,881
2024 · €165,303+€15,578
Balance sheet total
€2.1m
2024 · €2.1m-€89,995
Largest movements
Assets
- Receivables within one year -€160,812
down €160,812 (-25.5%), from €630,052 to €469,239
of which Other amounts receivable: -€145,687
- Current investments +€30,886
up €30,886 (+2.9%), from €1.1m to €1.1m
Equity and liabilities
- Reserves -€42,280
down €42,280 (-2.4%), from €1.7m to €1.7m
Income statement
- Gross operating margin -€55,567
down €55,567 (-60.2%), from €92,318 to €36,750
- Other operating charges +€14,090
up €14,090 (+77.9%), from €18,092 to €32,182
- Depreciation +€11,452
up €11,452 (+50.6%), from €22,636 to €34,088
- Financial income +€7,025
up €7,025 (+1,622%), from €433 to €7,458
- Taxes -€5,940
down €5,940 (-93.1%), from €6,378 to €437
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€29,560
Gross operating margin
-€55,567
Depreciation
-€11,452
Other operating charges
-€14,090
Financial income
+€7,025
Financial charges
-€3,696
Taxes
+€5,940
Result 2025
-€42,280
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€132,200
Investment
-€83,328
Financing
-€33,294
Cash 2024
€165,303
From operations (derived)
+€132,200
Net result for the year
-€42,280
Depreciation
+€34,088
Receivables within one year
+€160,812
Deferred charges and accrued income
-€6,000
Trade debts
-€989
Tax, wage and social debts
-€3,514
Other debts
-€17,490
Accrued charges and deferred income
+€7,572
Investment (derived)
-€83,328
Investment in fixed assets (net)
-€52,441
Current investments
-€30,886
Financing
-€33,294
Debts after one year
-€19,399
Current portion of long-term debt
-€13,895
Cash 2025
€180,881
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,148,109 | €2,058,114 | -€89,995 | -4.2% |
| Fixed assets | 21/28 | €300,939 | €319,292 | +€18,353 | +6.1% |
| Tangible fixed assets | 22/27 | €300,939 | €319,292 | +€18,353 | +6.1% |
| Land and buildings | 22 | €300,939 | €319,292 | +€18,353 | +6.1% |
| Current assets | 29/58 | €1,847,170 | €1,738,822 | -€108,348 | -5.9% |
| Amounts receivable within one year | 40/41 | €630,052 | €469,239 | -€160,812 | -25.5% |
| Trade receivables | 40 | €15,125 | €0 | -€15,125 | -100% |
| Other amounts receivable | 41 | €614,927 | €469,239 | -€145,687 | -23.7% |
| Current investments | 50/53 | €1,051,816 | €1,082,702 | +€30,886 | +2.9% |
| Cash at bank and in hand | 54/58 | €165,303 | €180,881 | +€15,578 | +9.4% |
| Deferred charges and accrued income | 490/1 | - | €6,000 | +€6,000 | |
| Total equity and liabilities | 10/49 | €2,148,109 | €2,058,114 | -€89,995 | -4.2% |
| Equity | 10/15 | €1,760,570 | €1,718,290 | -€42,280 | -2.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,748,170 | €1,705,890 | -€42,280 | -2.4% |
| Distributable reserves | 133 | €1,748,170 | €1,705,890 | -€42,280 | -2.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €387,539 | €339,824 | -€47,715 | -12.3% |
| Amounts payable after more than one year | 17 | €197,479 | €178,080 | -€19,399 | -9.8% |
| Financial debts | 170/4 | €197,479 | €178,080 | -€19,399 | -9.8% |
| Amounts payable within one year | 42/48 | €181,006 | €145,117 | -€35,888 | -19.8% |
| Current portion of amounts payable after more than one year | 42 | €37,966 | €24,071 | -€13,895 | -36.6% |
| Trade debts | 44 | €3,341 | €2,352 | -€989 | -29.6% |
| Suppliers | 440/4 | €3,341 | €2,352 | -€989 | -29.6% |
| Taxes, remuneration and social security | 45 | €12,000 | €8,486 | -€3,514 | -29.3% |
| Taxes | 450/3 | €12,000 | €8,486 | -€3,514 | -29.3% |
| Other amounts payable | 47/48 | €127,698 | €110,208 | -€17,490 | -13.7% |
| Accrued charges and deferred income | 492/3 | €9,054 | €16,627 | +€7,572 | +83.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,636 | €34,088 | +€11,452 | +50.6% |
| Other operating charges | 640/8 | €18,092 | €32,182 | +€14,090 | +77.9% |
| Gross operating margin | 9900 | €92,318 | €36,750 | -€55,567 | -60.2% |
| Operating profit (loss) | 9901 | €51,589 | -€29,520 | -€81,109 | |
| Financial income | 75/76B | €433 | €7,458 | +€7,025 | +1,622% |
| Recurring financial income | 75 | €433 | €7,458 | +€7,025 | +1,622% |
| Financial charges | 65/66B | €16,085 | €19,781 | +€3,696 | +23.0% |
| Recurring financial charges | 65 | €16,085 | €19,781 | +€3,696 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | €35,938 | -€41,843 | -€77,780 | |
| Income taxes | 67/77 | €6,378 | €437 | -€5,940 | -93.1% |
| Profit (loss) for the period | 9904 | €29,560 | -€42,280 | -€71,840 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,560 | -€42,280 | -€71,840 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.