PILAR: 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.
What changed
PILAR
NACE 82.100, Office administrative and support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€9,415
2024 · €7,616+€1,799
Equity
€295,485
2024 · €286,070+€9,415
Cash
€137
2024 · €2,219-€2,083
Balance sheet total
€422,481
2024 · €430,766-€8,285
Largest movements
Assets
- Tangible fixed assets -€4,926
down €4,926 (-2.1%), from €238,530 to €233,604
of which Land and buildings: -€3,930
Equity and liabilities
- Debts after one year -€18,792
no longer reported in 2025 (was €18,792)
- Reserves +€9,415
up €9,415 (+8.9%), from €106,347 to €115,762
of which Distributable reserves: +€14,420
Income statement
- Gross operating margin +€4,506
up €4,506 (+15.3%), from €29,462 to €33,968
- Taxes +€2,535
up €2,535 (+51.6%), from €4,916 to €7,451
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.
Result 2024
€7,616
Gross operating margin
+€4,506
Depreciation
-€120
Other operating charges
-€84
Financial income
-€233
Financial charges
+€264
Taxes
-€2,535
Result 2025
€9,415
raises the resultlowers the result
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.
From operations
+€19,537
Investment
-€5,545
Financing
-€16,075
Cash 2024
€2,219
From operations (derived)
+€19,537
Net result for the year
+€9,415
Depreciation
+€10,470
Receivables within one year
+€1,276
Provisions
-€1,668
Trade debts
-€539
Tax, wage and social debts
-€502
Other debts
+€234
Accrued charges and deferred income
+€850
Investment (derived)
-€5,545
Investment in fixed assets (net)
-€5,545
Financing
-€16,075
Debts after one year
-€18,792
Current portion of long-term debt
+€2,718
Cash 2025
€137
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €430,766 | €422,481 | -€8,285 | -1.9% |
| Fixed assets | 21/28 | €238,550 | €233,624 | -€4,926 | -2.1% |
| Tangible fixed assets | 22/27 | €238,530 | €233,604 | -€4,926 | -2.1% |
| Land and buildings | 22 | €236,919 | €232,990 | -€3,930 | -1.7% |
| Furniture and vehicles | 24 | €871 | €550 | -€321 | -36.9% |
| Other tangible fixed assets | 26 | €740 | €65 | -€675 | -91.2% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €192,216 | €188,857 | -€3,359 | -1.7% |
| Amounts receivable after more than one year | 29 | €121,300 | €121,300 | = | 0.0% |
| Other amounts receivable | 291 | €121,300 | €121,300 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,509 | €29,234 | -€1,276 | -4.2% |
| Trade receivables | 40 | €20,751 | €14,080 | -€6,670 | -32.1% |
| Other amounts receivable | 41 | €9,759 | €15,153 | +€5,394 | +55.3% |
| Cash at bank and in hand | 54/58 | €2,219 | €137 | -€2,083 | -93.8% |
| Deferred charges and accrued income | 490/1 | €38,187 | €38,187 | = | 0.0% |
| Total equity and liabilities | 10/49 | €430,766 | €422,481 | -€8,285 | -1.9% |
| Equity | 10/15 | €286,070 | €295,485 | +€9,415 | +3.3% |
| Contributions | 10/11 | €179,723 | €179,723 | = | 0.0% |
| Reserves | 13 | €106,347 | €115,762 | +€9,415 | +8.9% |
| Tax-exempt reserves | 132 | €72,198 | €67,193 | -€5,005 | -6.9% |
| Distributable reserves | 133 | €34,149 | €48,568 | +€14,420 | +42.2% |
| Provisions and deferred taxes | 16 | €17,775 | €16,107 | -€1,668 | -9.4% |
| Deferred taxes | 168 | €17,775 | €16,107 | -€1,668 | -9.4% |
| Amounts payable | 17/49 | €126,921 | €110,890 | -€16,031 | -12.6% |
| Amounts payable after more than one year | 17 | €18,792 | - | -€18,792 | |
| Financial debts | 170/4 | €18,792 | - | -€18,792 | |
| Amounts payable within one year | 42/48 | €108,128 | €110,040 | +€1,911 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | - | €2,718 | +€2,718 | |
| Financial debts | 43 | €85,000 | €85,000 | = | 0.0% |
| Credit institutions | 430/8 | €85,000 | €85,000 | = | 0.0% |
| Trade debts | 44 | €3,227 | €2,689 | -€539 | -16.7% |
| Suppliers | 440/4 | €3,227 | €2,689 | -€539 | -16.7% |
| Taxes, remuneration and social security | 45 | €19,610 | €19,109 | -€502 | -2.6% |
| Taxes | 450/3 | €18,721 | €18,220 | -€501 | -2.7% |
| Remuneration and social security | 454/9 | €889 | €888 | -€1 | -0.1% |
| Other amounts payable | 47/48 | €291 | €525 | +€234 | +80.6% |
| Accrued charges and deferred income | 492/3 | - | €850 | +€850 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,350 | €10,470 | +€120 | +1.2% |
| Other operating charges | 640/8 | €4,926 | €5,010 | +€84 | +1.7% |
| Gross operating margin | 9900 | €29,462 | €33,968 | +€4,506 | +15.3% |
| Operating profit (loss) | 9901 | €14,186 | €18,487 | +€4,302 | +30.3% |
| Financial income | 75/76B | €4,790 | €4,557 | -€233 | -4.9% |
| Recurring financial income | 75 | €4,790 | €4,557 | -€233 | -4.9% |
| Financial charges | 65/66B | €8,112 | €7,848 | -€264 | -3.3% |
| Recurring financial charges | 65 | €8,112 | €7,848 | -€264 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €10,863 | €15,197 | +€4,334 | +39.9% |
| Transfer from deferred taxes | 780 | €1,668 | €1,668 | = | 0.0% |
| Income taxes | 67/77 | €4,916 | €7,451 | +€2,535 | +51.6% |
| Profit (loss) for the period | 9904 | €7,616 | €9,415 | +€1,799 | +23.6% |
| Transfer from tax-exempt reserves | 789 | €5,005 | €5,005 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,621 | €14,420 | +€1,799 | +14.3% |
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 13 October 2026 via checked.be.