Pilatus Seven: 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.
Pilatus Seven
Largest movements
- Tangible fixed assets -€243,430
down €243,430 (-5.2%), from €4.7m to €4.4m
- Profit (loss) carried forward -€273,859
down €273,859 (-107%), from -€255,627 to -€529,486
- Trade debts +€228,064
up €228,064 (+1,162%), from €19,631 to €247,695
- Debts after one year -€205,146
down €205,146 (-6.0%), from €3.4m to €3.2m
- Depreciation +€55,244
up €55,244 (+29.4%), from €188,186 to €243,430
- Gross operating margin +€42,094
up €42,094, from -€16,946 to €25,148
- Financial charges +€5,391
up €5,391 (+10.8%), from €49,714 to €55,105
- Other operating charges -€310
down €310 (-39.6%), from €782 to €472
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,703,501 | €4,457,619 | -€245,882 | -5.2% |
| Fixed assets | 21/28 | €4,680,413 | €4,436,983 | -€243,430 | -5.2% |
| Tangible fixed assets | 22/27 | €4,680,413 | €4,436,983 | -€243,430 | -5.2% |
| Plant, machinery and equipment | 23 | €4,680,413 | €4,436,983 | -€243,430 | -5.2% |
| Current assets | 29/58 | €23,088 | €20,636 | -€2,452 | -10.6% |
| Amounts receivable within one year | 40/41 | €516 | €527 | +€11 | +2.1% |
| Other amounts receivable | 41 | €516 | €527 | +€11 | +2.1% |
| Cash at bank and in hand | 54/58 | €22,571 | €20,109 | -€2,463 | -10.9% |
| Total equity and liabilities | 10/49 | €4,703,501 | €4,457,619 | -€245,882 | -5.2% |
| Equity | 10/15 | €994,373 | €720,514 | -€273,859 | -27.5% |
| Contributions | 10/11 | €1,250,000 | €1,250,000 | = | 0.0% |
| Capital | 10 | €1,250,000 | €1,250,000 | = | 0.0% |
| Issued capital | 100 | €1,250,000 | €1,250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€255,627 | -€529,486 | -€273,859 | -107% |
| Amounts payable | 17/49 | €3,709,128 | €3,737,105 | +€27,977 | +0.8% |
| Amounts payable after more than one year | 17 | €3,434,648 | €3,229,501 | -€205,146 | -6.0% |
| Financial debts | 170/4 | €3,434,648 | €3,229,501 | -€205,146 | -6.0% |
| Amounts payable within one year | 42/48 | €274,480 | €507,604 | +€233,123 | +84.9% |
| Current portion of amounts payable after more than one year | 42 | €240,000 | €240,000 | = | 0.0% |
| Trade debts | 44 | €19,631 | €247,695 | +€228,064 | +1,162% |
| Suppliers | 440/4 | €19,631 | €247,695 | +€228,064 | +1,162% |
| Taxes, remuneration and social security | 45 | €14,849 | €14,396 | -€453 | -3.0% |
| Taxes | 450/3 | €14,849 | €14,396 | -€453 | -3.0% |
| Other amounts payable | 47/48 | - | €5,513 | +€5,513 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188,186 | €243,430 | +€55,244 | +29.4% |
| Other operating charges | 640/8 | €782 | €472 | -€310 | -39.6% |
| Gross operating margin | 9900 | -€16,946 | €25,148 | +€42,094 | |
| Operating profit (loss) | 9901 | -€205,913 | -€218,754 | -€12,841 | -6.2% |
| Financial charges | 65/66B | €49,714 | €55,105 | +€5,391 | +10.8% |
| Recurring financial charges | 65 | €49,714 | €55,105 | +€5,391 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | -€255,627 | -€273,859 | -€18,232 | -7.1% |
| Profit (loss) for the period | 9904 | -€255,627 | -€273,859 | -€18,232 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€255,627 | -€273,859 | -€18,232 | -7.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.