Pilaar Tech: 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.
Pilaar Tech
Largest movements
- Current investments -€220,370
down €220,370 (-70.3%), from €313,647 to €93,276
- Receivables within one year +€41,374
up €41,374 (+231%), from €17,922 to €59,296
of which Other amounts receivable: +€57,882
- Tangible fixed assets -€34,490
down €34,490 (-15.5%), from €222,650 to €188,160
of which Furniture and vehicles: -€23,948
- Cash -€9,646
down €9,646 (-71.9%), from €13,407 to €3,761
mainly Other debts (-€68,972) and Contributions, distributions and other (-€65,901)
- Reserves -€71,549
down €71,549 (-17.8%), from €402,059 to €330,510
- Other debts -€68,972
down €68,972 (-100%), from €68,972 to €0
- Profit (loss) carried forward -€41,524
down €41,524, from €0 to -€41,524
- Debts after one year -€24,877
down €24,877 (-56.2%), from €44,305 to €19,427
- Tax, wage and social debts -€15,365
down €15,365 (-72.4%), from €21,216 to €5,851
of which Taxes: -€17,515
- Gross operating margin -€143,103
down €143,103, from €133,616 to -€9,487
- Taxes -€27,143
down €27,143 (-98.9%), from €27,449 to €306
- Financial charges -€1,558
down €1,558 (-32.4%), from €4,802 to €3,244
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 | €568,872 | €347,277 | -€221,594 | -39.0% |
| Fixed assets | 21/28 | €222,650 | €188,160 | -€34,490 | -15.5% |
| Tangible fixed assets | 22/27 | €222,650 | €188,160 | -€34,490 | -15.5% |
| Land and buildings | 22 | €162,440 | €151,897 | -€10,542 | -6.5% |
| Furniture and vehicles | 24 | €60,210 | €36,263 | -€23,948 | -39.8% |
| Current assets | 29/58 | €346,222 | €159,117 | -€187,104 | -54.0% |
| Amounts receivable within one year | 40/41 | €17,922 | €59,296 | +€41,374 | +231% |
| Trade receivables | 40 | €17,347 | €839 | -€16,508 | -95.2% |
| Other amounts receivable | 41 | €575 | €58,457 | +€57,882 | +10,063% |
| Current investments | 50/53 | €313,647 | €93,276 | -€220,370 | -70.3% |
| Cash at bank and in hand | 54/58 | €13,407 | €3,761 | -€9,646 | -71.9% |
| Deferred charges and accrued income | 490/1 | €1,245 | €2,784 | +€1,539 | +124% |
| Total equity and liabilities | 10/49 | €568,872 | €347,277 | -€221,594 | -39.0% |
| Equity | 10/15 | €408,259 | €295,186 | -€113,074 | -27.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €402,059 | €330,510 | -€71,549 | -17.8% |
| Distributable reserves | 133 | €402,059 | €330,510 | -€71,549 | -17.8% |
| Profit (loss) carried forward | 14 | €0 | -€41,524 | -€41,524 | |
| Amounts payable | 17/49 | €160,612 | €52,091 | -€108,521 | -67.6% |
| Amounts payable after more than one year | 17 | €44,305 | €19,427 | -€24,877 | -56.2% |
| Financial debts | 170/4 | €44,305 | €19,427 | -€24,877 | -56.2% |
| Amounts payable within one year | 42/48 | €114,683 | €32,664 | -€82,019 | -71.5% |
| Current portion of amounts payable after more than one year | 42 | €23,754 | €24,877 | +€1,123 | +4.7% |
| Financial debts | 43 | €105 | €205 | +€100 | +95.1% |
| Credit institutions | 430/8 | €105 | €205 | +€100 | +95.1% |
| Trade debts | 44 | €636 | €1,731 | +€1,095 | +172% |
| Suppliers | 440/4 | €636 | €1,731 | +€1,095 | +172% |
| Taxes, remuneration and social security | 45 | €21,216 | €5,851 | -€15,365 | -72.4% |
| Taxes | 450/3 | €21,216 | €3,701 | -€17,515 | -82.6% |
| Remuneration and social security | 454/9 | - | €2,150 | +€2,150 | |
| Other amounts payable | 47/48 | €68,972 | €0 | -€68,972 | -100% |
| Accrued charges and deferred income | 492/3 | €1,624 | €0 | -€1,624 | -100% |
| Non-recurring operating income | 76A | - | €6,335 | +€6,335 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,225 | €34,490 | -€735 | -2.1% |
| Other operating charges | 640/8 | €2,678 | €1,945 | -€732 | -27.3% |
| Gross operating margin | 9900 | €133,616 | -€9,487 | -€143,103 | |
| Operating profit (loss) | 9901 | €95,714 | -€45,922 | -€141,636 | |
| Financial income | 75/76B | €1,133 | €2,299 | +€1,166 | +103% |
| Recurring financial income | 75 | €1,133 | €2,299 | +€1,166 | +103% |
| Financial charges | 65/66B | €4,802 | €3,244 | -€1,558 | -32.4% |
| Recurring financial charges | 65 | €4,802 | €3,244 | -€1,558 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €92,046 | -€46,867 | -€138,912 | |
| Income taxes | 67/77 | €27,449 | €306 | -€27,143 | -98.9% |
| Profit (loss) for the period | 9904 | €64,597 | -€47,172 | -€111,769 | |
| Profit (loss) for the period to be appropriated | 9905 | €64,597 | -€47,172 | -€111,769 |
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 14 October 2026 via checked.be.