GrowPilot: 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.
GrowPilot
Largest movements
- Tangible fixed assets -€34,988
down €34,988 (-100%), from €34,988 to €0
of which Other tangible fixed assets: -€33,885
- Receivables within one year +€16,403
up €16,403 (+107%), from €15,286 to €31,689
of which Trade receivables: +€16,670
- Current investments +€14,633
new in 2025: €14,633
- Cash -€10,148
down €10,148 (-7.6%), from €133,376 to €123,228
mainly Contributions, distributions and other (-€58,824) and Receivables within one year (-€16,403)
- Profit (loss) carried forward -€14,038
down €14,038 (-17.1%), from €82,133 to €68,096
- Other debts +€10,440
up €10,440 (+19.1%), from €54,748 to €65,188
- Tax, wage and social debts -€7,662
down €7,662 (-60.6%), from €12,635 to €4,974
- Gross operating margin -€13,636
down €13,636 (-16.9%), from €80,821 to €67,185
- Depreciation -€2,179
down €2,179 (-100%), from €2,179 to €0
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 | €187,633 | €174,592 | -€13,041 | -7.0% |
| Fixed assets | 21/28 | €34,988 | €0 | -€34,988 | -100% |
| Tangible fixed assets | 22/27 | €34,988 | €0 | -€34,988 | -100% |
| Furniture and vehicles | 24 | €1,103 | €0 | -€1,103 | -100% |
| Other tangible fixed assets | 26 | €33,885 | €0 | -€33,885 | -100% |
| Current assets | 29/58 | €152,645 | €174,592 | +€21,947 | +14.4% |
| Amounts receivable within one year | 40/41 | €15,286 | €31,689 | +€16,403 | +107% |
| Trade receivables | 40 | €15,019 | €31,689 | +€16,670 | +111% |
| Other amounts receivable | 41 | €267 | €0 | -€267 | -100% |
| Current investments | 50/53 | - | €14,633 | +€14,633 | |
| Cash at bank and in hand | 54/58 | €133,376 | €123,228 | -€10,148 | -7.6% |
| Deferred charges and accrued income | 490/1 | €3,983 | €5,042 | +€1,058 | +26.6% |
| Total equity and liabilities | 10/49 | €187,633 | €174,592 | -€13,041 | -7.0% |
| Equity | 10/15 | €102,593 | €88,556 | -€14,038 | -13.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,133 | €68,096 | -€14,038 | -17.1% |
| Amounts payable | 17/49 | €85,040 | €86,037 | +€996 | +1.2% |
| Amounts payable within one year | 42/48 | €84,132 | €85,124 | +€992 | +1.2% |
| Financial debts | 43 | €68 | €86 | +€18 | +26.7% |
| Credit institutions | 430/8 | €68 | €86 | +€18 | +26.7% |
| Trade debts | 44 | €16,681 | €14,876 | -€1,805 | -10.8% |
| Suppliers | 440/4 | €16,681 | €14,876 | -€1,805 | -10.8% |
| Taxes, remuneration and social security | 45 | €12,635 | €4,974 | -€7,662 | -60.6% |
| Taxes | 450/3 | €12,635 | €4,974 | -€7,662 | -60.6% |
| Other amounts payable | 47/48 | €54,748 | €65,188 | +€10,440 | +19.1% |
| Accrued charges and deferred income | 492/3 | €908 | €912 | +€5 | +0.5% |
| Non-recurring operating income | 76A | - | €213 | +€213 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,179 | €0 | -€2,179 | -100% |
| Other operating charges | 640/8 | €1,403 | €765 | -€638 | -45.5% |
| Gross operating margin | 9900 | €80,821 | €67,185 | -€13,636 | -16.9% |
| Operating profit (loss) | 9901 | €77,239 | €66,420 | -€10,819 | -14.0% |
| Financial income | 75/76B | €1,696 | €1,522 | -€174 | -10.2% |
| Recurring financial income | 75 | €1,696 | €1,522 | -€174 | -10.2% |
| Financial charges | 65/66B | €1,099 | €1,469 | +€370 | +33.7% |
| Recurring financial charges | 65 | €1,099 | €1,469 | +€370 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | €77,836 | €66,473 | -€11,363 | -14.6% |
| Income taxes | 67/77 | €21,785 | €21,687 | -€98 | -0.4% |
| Profit (loss) for the period | 9904 | €56,051 | €44,786 | -€11,265 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €56,051 | €44,786 | -€11,265 | -20.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.