PILATES WORKS: 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 WORKS
Largest movements
- Tangible fixed assets -€1,204
down €1,204 (-28.7%), from €4,189 to €2,985
of which Furniture and vehicles: -€1,093
- Cash +€563
up €563 (+2.3%), from €24,056 to €24,619
mainly Depreciation (+€2,605) and Net result for the year (+€803)
- Receivables within one year -€396
down €396 (-23.3%), from €1,702 to €1,306
of which Other amounts receivable: -€756
- Other debts -€1,500
down €1,500 (-60.0%), from €2,500 to €1,000
- Profit (loss) carried forward +€803
up €803 (+4.1%), from €19,429 to €20,232
- Tax, wage and social debts -€691
no longer reported in 2025 (was €691)
- Trade debts +€322
new in 2025: €322
- Turnover +€17,272
up €17,272 (+18.3%), from €94,138 to €111,410
- Gross operating margin +€11,493
up €11,493, from -€4,591 to €6,902
- Purchases and services +€5,779
up €5,779 (+5.9%), from €98,729 to €104,508
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 | €30,680 | €29,614 | -€1,066 | -3.5% |
| Fixed assets | 21/28 | €4,240 | €3,036 | -€1,204 | -28.4% |
| Tangible fixed assets | 22/27 | €4,189 | €2,985 | -€1,204 | -28.7% |
| Plant, machinery and equipment | 23 | €2,495 | €2,384 | -€111 | -4.4% |
| Furniture and vehicles | 24 | €1,694 | €601 | -€1,093 | -64.5% |
| Financial fixed assets | 28 | €51 | €51 | = | 0.0% |
| Current assets | 29/58 | €26,440 | €26,578 | +€138 | +0.5% |
| Stocks and contracts in progress | 3 | €158 | €158 | = | 0.0% |
| Stocks | 30/36 | €158 | €158 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,702 | €1,306 | -€396 | -23.3% |
| Trade receivables | 40 | - | €360 | +€360 | |
| Other amounts receivable | 41 | €1,702 | €946 | -€756 | -44.4% |
| Cash at bank and in hand | 54/58 | €24,056 | €24,619 | +€563 | +2.3% |
| Deferred charges and accrued income | 490/1 | €524 | €495 | -€29 | -5.5% |
| Total equity and liabilities | 10/49 | €30,680 | €29,614 | -€1,066 | -3.5% |
| Equity | 10/15 | €27,489 | €28,292 | +€803 | +2.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,429 | €20,232 | +€803 | +4.1% |
| Amounts payable | 17/49 | €3,191 | €1,322 | -€1,869 | -58.6% |
| Amounts payable within one year | 42/48 | €3,191 | €1,322 | -€1,869 | -58.6% |
| Trade debts | 44 | - | €322 | +€322 | |
| Suppliers | 440/4 | - | €322 | +€322 | |
| Taxes, remuneration and social security | 45 | €691 | - | -€691 | |
| Taxes | 450/3 | €691 | - | -€691 | |
| Other amounts payable | 47/48 | €2,500 | €1,000 | -€1,500 | -60.0% |
| Turnover | 70 | €94,138 | €111,410 | +€17,272 | +18.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €98,729 | €104,508 | +€5,779 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,773 | €2,605 | +€832 | +46.9% |
| Other operating charges | 640/8 | €947 | €1,468 | +€521 | +55.0% |
| Gross operating margin | 9900 | -€4,591 | €6,902 | +€11,493 | |
| Operating profit (loss) | 9901 | -€7,311 | €2,829 | +€10,140 | |
| Financial charges | 65/66B | €554 | €526 | -€28 | -5.1% |
| Recurring financial charges | 65 | €554 | €526 | -€28 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,865 | €2,303 | +€10,168 | |
| Income taxes | 67/77 | €2,473 | €1,500 | -€973 | -39.3% |
| Profit (loss) for the period | 9904 | -€10,338 | €803 | +€11,141 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,338 | €803 | +€11,141 |
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 27 October 2026 via checked.be.