PILA: 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.
PILA
Largest movements
- Cash -€18,180
down €18,180 (-49.1%), from €36,994 to €18,814
mainly Net result for the year (-€22,021) and Other debts (-€20,940)
- Deferred charges and accrued income +€3,176
new in 2023: €3,176
- Receivables within one year +€2,138
new in 2023: €2,138
of which Trade receivables: +€2,107
- Stocks and contracts -€1,964
down €1,964 (-4.9%), from €39,915 to €37,951
- Intangible fixed assets -€1,018
down €1,018 (-100%), from €1,018 to €0
- Trade debts +€23,035
up €23,035 (+160%), from €14,431 to €37,466
- Profit (loss) carried forward -€22,021
down €22,021, from €2,829 to -€19,192
- Other debts -€20,940
down €20,940 (-92.9%), from €22,540 to €1,600
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Debts after one year -€8,333
down €8,333 (-63.2%), from €13,195 to €4,861
- Gross operating margin -€17,912
down €17,912 (-1,200%), from -€1,493 to -€19,405
- Financial income -€5,175
down €5,175 (-92.0%), from €5,623 to €448
- Financial charges +€1,122
up €1,122 (+2,058%), from €55 to €1,176
- Depreciation -€727
down €727 (-41.7%), from €1,746 to €1,018
- Taxes -€708
down €708 (-85.4%), from €829 to €121
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,628 | €63,779 | -€15,849 | -19.9% |
| Fixed assets | 21/28 | €2,718 | €1,700 | -€1,018 | -37.5% |
| Intangible fixed assets | 21 | €1,018 | €0 | -€1,018 | -100% |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €76,910 | €62,079 | -€14,831 | -19.3% |
| Stocks and contracts in progress | 3 | €39,915 | €37,951 | -€1,964 | -4.9% |
| Stocks | 30/36 | €39,915 | €37,951 | -€1,964 | -4.9% |
| Amounts receivable within one year | 40/41 | - | €2,138 | +€2,138 | |
| Trade receivables | 40 | - | €2,107 | +€2,107 | |
| Other amounts receivable | 41 | - | €31 | +€31 | |
| Cash at bank and in hand | 54/58 | €36,994 | €18,814 | -€18,180 | -49.1% |
| Deferred charges and accrued income | 490/1 | - | €3,176 | +€3,176 | |
| Total equity and liabilities | 10/49 | €79,628 | €63,779 | -€15,849 | -19.9% |
| Equity | 10/15 | €9,029 | -€592 | -€9,621 | |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Profit (loss) carried forward | 14 | €2,829 | -€19,192 | -€22,021 | |
| Amounts payable | 17/49 | €70,598 | €64,371 | -€6,228 | -8.8% |
| Amounts payable after more than one year | 17 | €13,195 | €4,861 | -€8,333 | -63.2% |
| Financial debts | 170/4 | €13,195 | €4,861 | -€8,333 | -63.2% |
| Amounts payable within one year | 42/48 | €57,004 | €58,460 | +€1,456 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €9,028 | €9,028 | = | 0.0% |
| Trade debts | 44 | €14,431 | €37,466 | +€23,035 | +160% |
| Suppliers | 440/4 | €14,431 | €37,466 | +€23,035 | +160% |
| Taxes, remuneration and social security | 45 | €11,005 | €10,366 | -€639 | -5.8% |
| Taxes | 450/3 | €9,405 | €8,766 | -€639 | -6.8% |
| Remuneration and social security | 454/9 | €1,600 | €1,600 | = | 0.0% |
| Other amounts payable | 47/48 | €22,540 | €1,600 | -€20,940 | -92.9% |
| Accrued charges and deferred income | 492/3 | €400 | €1,050 | +€650 | +163% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,746 | €1,018 | -€727 | -41.7% |
| Other operating charges | 640/8 | €344 | €749 | +€405 | +118% |
| Gross operating margin | 9900 | -€1,493 | -€19,405 | -€17,912 | -1,200% |
| Operating profit (loss) | 9901 | -€3,582 | -€21,172 | -€17,590 | -491% |
| Financial income | 75/76B | €5,623 | €448 | -€5,175 | -92.0% |
| Recurring financial income | 75 | €5,623 | €448 | -€5,175 | -92.0% |
| Financial charges | 65/66B | €55 | €1,176 | +€1,122 | +2,058% |
| Recurring financial charges | 65 | €55 | €1,176 | +€1,122 | +2,058% |
| Profit (loss) for the period before taxes | 9903 | €1,987 | -€21,900 | -€23,887 | |
| Income taxes | 67/77 | €829 | €121 | -€708 | -85.4% |
| Profit (loss) for the period | 9904 | €1,157 | -€22,021 | -€23,179 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,157 | -€22,021 | -€23,179 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.