Pilates Nation: 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.
Pilates Nation
Largest movements
- Tangible fixed assets -€7,179
down €7,179 (-6.2%), from €115,775 to €108,596
of which Furniture and vehicles: -€4,161
- Cash +€5,663
up €5,663 (+61.1%), from €9,271 to €14,934
mainly Net result for the year (+€17,423) and Depreciation (+€8,354)
- Current investments +€4,173
up €4,173 (+20.8%), from €20,049 to €24,222
- Reserves +€22,000
up €22,000 (+45.4%), from €48,432 to €70,432
of which Distributable reserves: +€22,000
- Debts after one year -€8,638
down €8,638 (-15.5%), from €55,838 to €47,200
- Tax, wage and social debts +€5,997
up €5,997 (+55.2%), from €10,874 to €16,872
of which Taxes: +€6,096
- Other debts -€5,185
down €5,185 (-86.2%), from €6,011 to €827
- Current portion of long-term debt -€5,057
down €5,057 (-19.8%), from €25,605 to €20,547
- Gross operating margin +€7,516
up €7,516 (+22.2%), from €33,878 to €41,393
- Taxes +€5,114
up €5,114 (+57.1%), from €8,954 to €14,068
- Financial income +€944
up €944 (+484%), from €195 to €1,139
- Financial charges +€822
up €822 (+77.5%), from €1,061 to €1,882
- Other operating charges +€526
up €526 (+189%), from €279 to €805
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 | €159,334 | €162,993 | +€3,659 | +2.3% |
| Fixed assets | 21/28 | €115,775 | €108,596 | -€7,179 | -6.2% |
| Tangible fixed assets | 22/27 | €115,775 | €108,596 | -€7,179 | -6.2% |
| Land and buildings | 22 | €97,336 | €94,318 | -€3,018 | -3.1% |
| Furniture and vehicles | 24 | €18,439 | €14,278 | -€4,161 | -22.6% |
| Current assets | 29/58 | €43,559 | €54,396 | +€10,838 | +24.9% |
| Amounts receivable within one year | 40/41 | €10,890 | €11,793 | +€903 | +8.3% |
| Trade receivables | 40 | €10,890 | €10,890 | = | 0.0% |
| Other amounts receivable | 41 | - | €903 | +€903 | |
| Current investments | 50/53 | €20,049 | €24,222 | +€4,173 | +20.8% |
| Cash at bank and in hand | 54/58 | €9,271 | €14,934 | +€5,663 | +61.1% |
| Deferred charges and accrued income | 490/1 | €3,349 | €3,447 | +€98 | +2.9% |
| Total equity and liabilities | 10/49 | €159,334 | €162,993 | +€3,659 | +2.3% |
| Equity | 10/15 | €59,263 | €76,686 | +€17,423 | +29.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €48,432 | €70,432 | +€22,000 | +45.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €46,572 | €68,572 | +€22,000 | +47.2% |
| Profit (loss) carried forward | 14 | €4,631 | €54 | -€4,577 | -98.8% |
| Amounts payable | 17/49 | €100,071 | €86,307 | -€13,764 | -13.8% |
| Amounts payable after more than one year | 17 | €55,838 | €47,200 | -€8,638 | -15.5% |
| Financial debts | 170/4 | €55,838 | €47,200 | -€8,638 | -15.5% |
| Amounts payable within one year | 42/48 | €44,233 | €39,107 | -€5,126 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €25,605 | €20,547 | -€5,057 | -19.8% |
| Trade debts | 44 | €1,743 | €861 | -€881 | -50.6% |
| Suppliers | 440/4 | €1,743 | €861 | -€881 | -50.6% |
| Taxes, remuneration and social security | 45 | €10,874 | €16,872 | +€5,997 | +55.2% |
| Taxes | 450/3 | €10,776 | €16,872 | +€6,096 | +56.6% |
| Remuneration and social security | 454/9 | €98 | - | -€98 | |
| Other amounts payable | 47/48 | €6,011 | €827 | -€5,185 | -86.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,159 | €8,354 | +€195 | +2.4% |
| Other operating charges | 640/8 | €279 | €805 | +€526 | +189% |
| Gross operating margin | 9900 | €33,878 | €41,393 | +€7,516 | +22.2% |
| Operating profit (loss) | 9901 | €25,440 | €32,234 | +€6,795 | +26.7% |
| Financial income | 75/76B | €195 | €1,139 | +€944 | +484% |
| Recurring financial income | 75 | €195 | €1,139 | +€944 | +484% |
| Financial charges | 65/66B | €1,061 | €1,882 | +€822 | +77.5% |
| Recurring financial charges | 65 | €1,061 | €1,882 | +€822 | +77.5% |
| Profit (loss) for the period before taxes | 9903 | €24,574 | €31,490 | +€6,917 | +28.1% |
| Income taxes | 67/77 | €8,954 | €14,068 | +€5,114 | +57.1% |
| Profit (loss) for the period | 9904 | €15,620 | €17,423 | +€1,803 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,620 | €17,423 | +€1,803 | +11.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.